The Iced Coffee Hour - Shelby Church Made A Horrible Investment

Episode Date: February 15, 2021

Lock in your best rate today and get your family covered with Ladder at https://ladderlife.com/icedcoffee​​ Invest in private real estate at https://fundrise.com/icedcoffee​ Today we're speaking with Shelby Church - investing in the stock market - and a Robinhood GameStop Investment. Enjoy! Shelby's Socials: https://www.youtube.com/user/teenmake...​ https://www.instagram.com/shelbychurch​ 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​ Audio Equipment Used In Podcast: Rode NT1, Rodecaster Pro 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] *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Saving those children is how we all go home. From binge all episodes exclusively on Paramount Plus. Hi guys, welcome back to the 38th ever episode of the Ice Coffee Hour. I'm Shelby Church, your guest today. And we've made $35,515 and $1. Wow. Thank you. That was great.

What are you guys going to do when you hit $100,000? Some sort of celebration. Oh, you know what? Jack's going to get a Rolex. No, that's not true. That's not true. Yes, yes. We've been trying to convince Jack to get the Rolex.

Don't do that. Don't say that. Yeah, that's exactly what I want. No, don't say that. I support that. Thank you. Yeah, I think that's a great investment at Tesla. I think the Rolex is going to be better for you.

Yeah, I don't know. Graham is so fixated on me getting a Rolex. I think it's a bad idea. What do you think, Shelby? I don't know much about Rolexes in general, so I'm like, how much even are they? Yes. A lot. Yes.

What, 20,000? Oh, my gosh. No. Less, less $5,000? More. Eight? Yeah, about that. Give or take.

Yeah. But it's going to keep its value. So that's why I tell Jack, get a Rolex, hold its value. You can always sell it. Oh, and to sweeten the offer, I said, if Jack needs his money at any point, I'll buy it at the same price he paid for it. Oh, wow.

So I can never lose money from it. So I guess he might as well. But I'm tying up so much money. That's the issue. Yeah, do people watch videos on that kind of thing? Mm-hmm. Okay, watch videos. Yeah, we actually, the podcast we filmed before this,

we had Federico Talks Watches, and he's a watch dealer. And he talks about high-end watches and which watches go up in value and which go down in value and like what are good deals. Felix de Mariner was a good choice for Jack. There's a channel for everything now. Yeah, there is. Every random thing. That's cool though.

Yeah. Do you watch any weird channels like that? I wouldn't call it weird actually. I'm watching, yeah. Yeah. Let me like look through my subject. I feel we should also do Shelby a little bit of justice and introduce her a little bit more if you guys have not seen. We've had her on the podcast before.

She's a recurring guest and it's exciting to have her here. She's a YouTuber. and now she's like building a house in Palm Springs or something. Yeah. That's what I've seen on your Instagram. Yeah. Yeah. I've liked your home videos lately.

Thanks. Yeah. They've been really interesting. Yeah. I have a bunch more planned once I go back. Okay. But yeah, it's been wild because there was a lot of things we did not expect getting the house.

But now it's getting to a point where it's fun to see things kind of start to come together. So walk us through this. Well, actually, what are the weird YouTube channels you subscribe to? And then we'll talk about this. I've actually started now watching more of the like stock YouTube channels, which isn't like weird, but it's definitely different for me. Like people that talk about stocks and investing in stuff.

Like zip trader and stuff? Yeah, I've watched. Why am I thinking like stocker? Stalker. Storytimes. Or like I'm thinking like a stock image. Yeah, yeah, yeah. No, they're easy to put on like while you're getting ready and just listen to.

So who do you listen to specifically? Well, I watch yours if you've made one off. on it recently because I'm like, okay, I trust this info. Cool. Meet Kevin. I'll watch it. Yeah. He comes up every podcast episode. We can't get rid of that guy. This is the running joke now. The inside joke is that every single episode, his name is mentioned in some capacity. And one way or another, somebody mentions me. Well, he uploads a lot. So I'm like, he does. Usually something, if you go on YouTube, there's like something there. Yeah. So I listened to his EV crash video earlier today, which I thought was, really good, really well research, and it blows my mind.

He'll make a stimulus video, get 300,000 views, make this really intricate stock market video that will help you make money, and it's like 90,000 views. Like, it's only a third of the people watch that one, even though that will help them make 10 times more money than a stimulus. But yeah, I never watch the stimulus ones. I'm actually shocked that does well. I watch this. I'm so shocked it does well, too.

Yeah, I can't stand that those videos. I don't know what's going on with it. I'm like, oh. It just, I feel like you spend so much time watching stimulus check videos. It's like, it doesn't even pay out. Like, if you get like $1,000 from a stimulus, but you spent like a thousand hours watching, you know what I mean? Yeah, you're hourly wage for that. It's not looking good.

It's terrible. Speaking of which, what's his name in the comments, who always breaks down how much the podcast makes, he should. Mateo. Mateo. Okay, how about this? You should have him on. Yeah, that would, that would be cool. That would be cool to have him introduced.

Like, here's how much the podcast is made. this breaks down to be. But no, my idea was, Mateo, if you add up how many videos Kevin is done and the average length of those videos with the average minimum wage, see how much people would have made had they just worked a job.

That would be smart. If it's less than minimum wage, that would be something. It would be. But if it's more, if they could have put that into something else and made like $4,000. Interesting.

I just don't know how you, like, couldn't you sum it up in a sentence? like what's going on with it or a couple sentences? It seems like you would be able to, right? I don't know. It's not coming yet. Make a video every day. Not yet.

A lot of the, I feel like investing channels, sometimes I'm like these videos, this video is dragging on what so I can put another add in and I get it. No, I agree. Yeah. No. The reason why, do you watch the show, The Bachelor, The Bachelorette? Yeah.

What if I just told you that, hey, Jason marries Sarah? that's it where's the fun on that versus you watch all the episodes from start to finish that's the drama it's what did Nancy Pelosi say today

what did Steve Mnuchin come and like attack on Twitter what did what did so-and-so say that's what you want to know that's why people tune it's like every day it's like what happens to it's a reality show it should be it really should be

record it like the Kardashians I would watch that too. Yeah. Start to finish. But okay, so anyway, let's go back to the house. Congratulations on the house. Thanks.

We were talking about it before on the podcast. Yeah, you were considering it. It was like the beginning of this whole story. Yeah, we had looked at some houses but didn't really, didn't find anything yet because once the illness hits, the housing market in Palm Springs went crazy. And we were looking even before that because we were like, these are really good vacation rentals. people always rent them out old people fly down rent them for like a month you know um so then we were

like oh is this even worth it like they're like a hundred thousand dollars more than we were wanting to pay but then we found one that the sellers didn't want to put it on the market and so there wasn't as much competition buying it but there were issues with it but if they had put it on the market it probably would have gone over asking like full cash offer and all of that because that's what was happening there. So how much did you buy it for? But first, a word from our sponsor, Fundrise. In 2021, a truly diversified portfolio needs more than just the traditional mix of stocks, bonds,

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Go to fundraise. fundrise.com slash iced coffee today. That's funderize, F-U-N-D-R-I-S-E dot com slash iced coffee. Fundrise.com slash iced coffee. Thanks so much, Fundrise, and back to the podcast. We bought it for $752,000. It's three-bedroom, two bathroom. And it's a classic mid-century house.

So they hold their value better than the other random new builds in the area. Yeah. And it's just cool. Like the whole neighborhood has those style of houses and the street it's on is really nice. So we liked that about it. But it was hard because like a few months before, we saw one that was like perfect turnkey for Airbnb. But I forget what happened. I think they decided to not sell it.

Okay. And it was $25,000 cheaper. Got it. Yeah. How did you work out the finances between you and you and Monica? You just each went 50, 50 on this? How do they structure the loan? Were both of you on the loan?

Yeah. Okay. How much money are you putting into this? Well, okay, I was actually looking at it today because I was like, I feel like this would be a good podcast. But it's definitely more than I thought. It's always more. I knew it was going to be, okay, new kitchen, different stuff in the backyard. I didn't know it was going to be like the sewers totally messed up.

Yeah, stuff like that. The electrical, like things just were not working at all. So I'm going to guess you got to be like $1.50. to do those things to do what you want to do Maybe a little less, but I think so far we put like 50 into it And I think it will need another 50 at least

100, okay Yeah If you had known it had all of those issues When you were gonna buy it, would you still have bought it? No, oh my God, I made a vlog too Where I was like, okay, what if we just cut our losses And sold it? And then I was like, that's ridiculous, like no

Do you think that once it gets appraised It's going to be a praise at a higher value than like whatever you put into it place. It will. Yeah. Yeah, because what we bought it for actually, I don't regret it because we did get it for a good price. It would have gone for a lot more if it was on the market because the ones that are fixed up, the ones with like $100,000 work in them are selling for like 930. I didn't know it was so expensive in Palm Springs. Yeah. Well, it wasn't like a year ago. Isn't it like just like the desert? Yeah, but people spend like three to 500 a night on Airbnb so you

make money off. It's the nice desert. That drove up the prices? No. I would say it's a good community. And it's a big retirement community. So I'll tell you, a lot of people in Palm Springs, that's your second or third place. That's true.

I don't know why. But people are like, when I retire, I want to own a home in Palm Springs. Yes, it's a desert. But it's a community. Think of it like a big retirement community. Like people go to Las Vegas is like the gambling place. People go to Palm Springs is like the retirement place in California. They seriously do.

and they're the ones buying these million-dollar places that are empty nine months out of the year, and they create this community of just, I don't want to say, of old people, but it's just, it's this community where you know. It's like you're surrounded by like-minded, like-aged people who like to golf and who like to go to brunch, and that's what the community has been, and it's nice, it's a nice community. I like it. There's more to life than finding the perfect car. But finding the perfect car can help you get the most out of life.

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and have like a pool and everything. So rather than staying at a hotel, I feel like that's kind of the appeal for people in L.A. So an Airbnb rates are crazy, especially when you start getting into like the Coachella, whenever that comes back, Coachella rates are like, you could charge like $3,000, $2,000 a night.

Yeah. It's close. It's crazy though because Palm Springs isn't even that close. It's like still almost an hour drive, but you can still charge a lot because there's not that much in Indio. So I fully intend to take advantage of that. Why did you pick Palm Springs, too?

Yeah, it does seem random, right? But my parents' friends had a house there, and so we would go visit, because of course, they're not actually out of much. So my family would go visit all the time, and once we started looking at places, we're like, oh, this could be kind of cool as a vacation rental. And I was, like, looking at how much they were

versus what you could rent them out for. I was like, okay, maybe we could do this. Because I would look at condos and stuff in L.A. and I just did not really like any of them. Like I thought about that for a second. I toured some even. But they would always be like, I don't know, not bright enough. You know what I mean?

I just wouldn't want to buy something and commit to that. You're terrible investments. Yeah. Condos in L.A. are like the worst things that you could buy. They lose money. HOA prices are high. property taxes are high. Doing any renovation in the condo sucks. Not worth it. You're better off renting a condo. Yeah. And my friend had an ordeal. She bought a condo and then her neighbors were horrible.

So it was like, I don't want to. Yeah. I don't do that. Tara? Tara. Oh, but no, but she made so much money off of that bad neighbor. After I met her, I saw her videos on that because I'm so, I was so curious. She was telling me about this neighbor. I'm like, okay, go to her YouTube channel. I watch the video. She's got like this crazy neighbor that she films. Like she films the neighbor. Like, you know, like how Jack Doherty is like just kind of messing with her? Yeah, yeah, with his neighbor. Yeah, she's filming the neighbor just going off in her, but the neighbor's crazy. She's actually really creepy. Right. Yeah.

Wait, what do you mean like millions of views? Like, for what reason? She would get really mad that she would have string lights up. But so her condo, it's almost like sunken down and then the house is up above. And she just was not okay with these lights thought they were way too bright, but they were just normal string lights. Like, just, I don't know. I don't go in a different room.

Like, it was crazy. She's made money off this neighbor, though. Yeah. She's made tens of thousands of dollars off. That's good. Yeah. I know. So you could have a crazy name.

Why didn't you just move into, like, terrorist place and then just taunt the neighbor? Like, build a whole career. Because it's actually creepy. I've been over there and seen that lady. I'm like, I would not sleep at night. Why? What would she do? Is she, like, invasive?

I don't know if terrorists put this. She'd probably put it in a vlog, but she has tried to, like, get in. Like she has footage on not a ring camera, but those security cameras of her like banging on the door. And I just, I wouldn't want to deal with it. But that's content. Like if you moved in the place, you're like,

I'm just going to get content. I don't know about that. That would be kind of scary. I know. Maybe if I had a roommate, I wouldn't want to be like alone at night with this lady knocking on the door. You know what?

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Simply safe. Okay. If there's a sponsor here, thank you. Simply safe. And we'll be right back with this important message. So you had the property in mind like as a rental property or like as an investment. Yeah. So when are you going to rent it?

It's just Airbnb? Yeah, on Airbnb. And then possibly do some that are like a month or longer because sometimes. in the winter, people want to go for like a month. Yeah. So that's kind of easier to handle. And in Palm Springs, you can only rent it 36 times per year. But then you can do a minimum of the number of nights.

So you can only do 36 rental contracts. But you could require a week minimum. Or you could do one contract as a full month. That's so weird. So only 36 contracts. So you could hypothetically have one tenant every day just for 36 days and then have used up. Yeah.

That's why, like, no one does that. They're, like, it's really hard to book one night in Palm Springs. How do they know? They're pretty strict on it, I've heard. Really? Yeah. Like, the neighbors will, like, if they see a bunch of cars there, they know. I guess it would be really hard for them to know how many contracts you've done.

I don't know how they would find that out. But they're really strict on, like, if you're playing music outside, you could get a strike. Because it's like, it's for all people. But my neighbors are awesome, so they don't seem like they would do that. If you could have bought anywhere else, would you have picked to buy somewhere else? Or are you happy with Palm Springs? I'm pretty happy with it because I think it'll be fun to go there occasionally. And it'd be like a free place to stay.

And I think it'll make money too. Like I think it actually will. And then later on, I don't know, because I just didn't want to buy here because it was like, what can you get for you? Even like a million dollars. That's true. Yeah. West Adams.

View Park for a million bucks. But then again, I don't know. I really, I really believe buying out of state now. I really believe whatever I do. Whatever, whatever I'm doing in the moment, like, I believe in that. But I don't know. That is good to have belief that whatever I don't. It's the right thing.

I mean, I'll go on Zillow and look at like Texas and stuff. And I'm like, wow. Isn't it nice? I love doing that. Just seeing what you can buy for like a hundred grains somewhere else. It's crazy. I've never even been to Texas, but now I'm like, I could have a pool and stuff. Yeah.

One of my favorite things to do is just go on Zillow and type in like over 10,000 square feet with like a million dollar maximum. And you just see some of the craziest spots throughout the United States that you could be like, there's parts of Georgia. We can get these 15,000 square foot mansions for like 750 grand. It's insane. And just click through the pictures. Yeah. Would you ever actually like consider buying one of those places? I don't know.

Maybe. Because I feel like it's like a drop in the bucket at some point, right? Just to have like a place in Georgia. Yeah. So then if it had issues, that would be. That's true. I'm like, oh my God. I'm glad it's only a three bedroom house.

Yeah. I'm like I just wouldn't want to deal with painting the ceiling anywhere else. That is true. That's a good point. How much longer do you think you're going to have to work on this house? Like two months. I hope. The yard's already looking better. The kitchen just needs help. The bedrooms are fine. Like, we'll just, they just need furniture. And we've already gotten, like, a new electrical panel and, like, fix the sewer line and everything. So, like, a lot of the annoying stuff is okay now.

You're doing a lot of the work yourself? No. We just painted the ceilings ourselves because it was, like, the holidays. So no one was really available. And my parents were in town and my dad's super into that stuff. So we're like, all right, we'll do it. Okay. And honestly would not recommend Painting a ceiling Is not fun Like sanding it and everything Painting was horrible I painted the outside of my duplex

Five years ago And it was one of the most horrible experiences And I thought too Like it was stucco And I had five friends together And I'm like, we could do this in two days One day is prep work One day is paint, done

That thing took like Seven days straight of like 15 hour days between multiple people. And by the end of it, I was so just over it and exhausted. I had a terrible sunburn. My hands were just like all red and cracky from like just holding a paintbrush for so long and aches. And it's horrible. And I had paint that just wouldn't come off my hands for like weeks afterwards.

But yeah. But I did it. And I saved like a three grand. But I would have never done that again. Yeah, that's what I figured by the end. I was like, this took us so long. I probably just could have been making videos. And then professionals could probably get it done way faster.

Because they have all the equipment. Yeah. They could do that. They have all the stuff ready just to spray it down. One spray, like three coats. They're good to go. So in the future, I do think it's a better idea of focus on videos and just get a professional to do it. It was like the excitement of just getting the house.

Like, I think we just wanted to do something to it. Yeah. But I'm like, no way. I'm over it. Yeah. I'm overdoing any work myself. Put up this light, though. This was my crown jewel achievement is putting up this line.

Very nice. Are you going to consider getting more properties? Yeah, I mean, if this one does well, if it's not, I mean, I'm interested to see how the Airbnb part of it goes. We'll probably do like a property manager sort of thing. That's what a lot of people do there. But if that ends up working out well, then I'm like, oh, Lake Tahoe, Big Bear. Lake Tahoe would be awesome That's where I thought about buying originally

Before Las Vegas I've heard that they're strict too though Yes I've heard they don't want any more rentals They're good on that Who knows though Yeah Lake Tahoe is beautiful I felt it would be a little bit too isolated Difficult to get to

Because either you got to take a flight to Reno And then drive an hour down to Lake Tahoe Or it's like a seven hour drive Yeah So a little bit more remote but it's gorgeous. Like in the best months of the summer and the winter, it is one of the coolest places.

Yeah, it's cool how it's like winter or summer there's stuff to do. And you could buy on the Nevada side. Yes, that was the plan. Yeah, I figured. That side is more expensive. Everyone is paying a few hundred thousand more just for tax reasons. Yeah. And it blows my mind.

It's like on one side of the street, it'll be a million. The other side of the street, one three. just for just for being in that different state. But how much do you intend to make from the Palm Springs Place if you rented out? Like, have you run the numbers? But first, a quick word from our sponsor, Ladder Life Insurance. Life is full of reminders of its beauty, whether it be making lots of money on Dogecoin,

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And back to the podcast. I have. I think it'll make like 50 to 60,000 per year. I think it should make that, if not more, if we're like optimizing it. But I'd imagine we want to go there sometimes and I don't know, when festivals will be back, all that kind of thing. And then after 20% ish to a property management company, that's like 40 to 50. And then the mortgage is 30,000 a year, including.

like property taxes and all that. So then that would be like 12,000 in equity, and then it would leave like 12-ish thousand, unless we like end up making more. But I feel like that should be doable. Got it. So you're going to make you probably about a thousand a month from this. And how much cash did you put in?

We put 250 down. Between the both of you. Yeah. So 125, 12,000. So you're going to make about a 9.000. percent return on your money between equity and cash flow. And you're going to get some pretty good write-offs from that, too.

That's what I was thinking to. I was like all these renovations, I'm pretty sure with Airbnb, even like the furniture and stuff. Yes. But we'll check on that. Yeah, you can depreciate a lot of this stuff. Yeah. You can depreciate the house. It can make a ton of videos about it.

Right. And, yeah, you're right. I think the videos is really where there's probably more money making videos. Honestly. On the house. Like, so what? If you make 12 grand,

make 30,000 talking about making the 12. Yeah, I mean, I already have some brand deals lined up with it that I'm like, I would not have gotten without it. Yeah, it's like renovating the kitchen. Basically, we're doing a video on Monica's channel. It's with Fiverr, where someone on Fiverr is like designing the kitchen. That's why they reached out to me. I couldn't figure out an integration with Fiverr.

Like, I just couldn't think of anything. That's smart. Yeah, I've worked with them before and it's fun because I'm just like, have them do something that I tested out. Oh, you know what? I think I've seen one of your videos in Fiverr. You create the whole video around Fiverr, right? Oh, yeah.

I let them, like, write a script and then I made it. Okay. Yeah. And I actually, I had more sellers I didn't put in the video, but they came up with a bunch of ideas. And I was like, these are good. Like, I'm saving these for later. Really? Like, what ideas?

I don't remember now. I'd have to look, yeah. Wow. That's not bad. That's pretty much more. I wanted to do that Fiver thing. I thought it would be fun to go on to Fiver and find like some like personal finance guru or someone that would be willing to give advice

and then get Graham to get advice from them in like a fiber video yeah you know what happened to that because the title was you vetoed it dude you bought a wig so you could like disguise yourself you you bought he bought facial hair and stuff because you're going to disguise him and like bring up different like financial scenarios for him to be in and then get advice so would it be like a zoom call with them they'd be like I do I think something like that like I paid fiber for financial Yeah. Yeah. Something like that.

I mean, that stuff does well. People do like, I paid a fiber seller to edit my video. Like, those do super well. Yeah, that's what I said. I thought it would be funny. Maybe we'd be funny, I think. When I'm out of video ideas, we'll do that. Yeah.

That'll be like the backup. Like, Jack, it's time. It's time we do that fiber video. Shelby, when are you going to do another what I spend in a week? I'll probably do one about the house. Like, what I spend in a week, renovating a house? No, as a homeowner. As a homeowner in Palm Springs.

How old are you? It did now? 20. Almost six. 26. So say 25. What has been in a week as a 25-year-old homeowner? Yeah. That's your video right there. Yeah, those videos do well, huh?

Yeah. They're annoying to make, but they make me feel bad about what I'm putting money on. Those are the best kinds of videos. We're telling everybody do those videos just like you react to them. Yeah. And then you make more often than I make. It's really crazy. That was sad.

I felt so bad. Jack and I were talking about that afterwards. I'm like, Shelby spent so long editing her video. Grimm spends like 30 minutes just like reacting to it. After that, I was like, I got to find something to react to. Like, this is crazy. You still haven't posted my video yet. I know.

This has been months. I've been waiting for my response to Shelby Church, and it just never happened. I made it before I had surgery, and then I just didn't like how it turned out. I was like, I feel like I rushed it like it wasn't really that good. Okay. Now it's been long enough. I forget what I said. I totally forgot everything.

So I'm like, I should do that again. That's fair. Yeah. How did the surgery go? Can we talk about that? Yeah, I've logged the whole thing. So I'm like very open with that one. Yeah.

Which is nice because it pretty much paid for it. Really? Yeah. How much was a surgery? They told me not to tell. Okay. Which is. Wait, the surgery people?

Yeah. Was that like a sponsorship type thing? Not even. Can we, can you say something like? that like that like I can't say exactly how much but yeah I can't say exactly how much but I will say it was not as much as a Tesla okay okay that's like that's a deal yeah I've noticed though I've done like dental work and stuff in the past and every single time they're like are you going through insurance or you're going to pay out of pocket I'm like how much is it out of pocket well

if you give us cash it'll be way less I'm like oh I'm going to do cash seriously I think a lot of the insurance is such a rip off it is and they explained it to me like if they went through insurance, they would have to follow all these different protocols. Like, I would have to have stayed at a hospital one night rather than this place called Serenity in Santa Monica, which is like super nice and not even as much as a hospital. And it was just like different things they couldn't do, I guess. Weird. That's what they said.

I don't get it. I mean, I always thought that like you give them cash and they're like, okay, we don't have to report it. But I think sometimes when they go through the insurance companies, they have to start off billing so much because they know the insurance companies will. try to negotiate that down. And it's a fight. Like I heard hospitals have people like,

their full-time job is just to negotiate with insurance companies. That seems like corrupt, honestly. It is. The whole thing is really, my mom was a medical biller for a while. And it was like, I mean, I was like too young to really get it. But now I'm like, wait, tell me everything. Yeah. It's horrible.

When you really start looking into it, it's such a rip-off. Yeah. I was looking at health insurance today because I actually have to get that now. I was like, I don't even know. what to get because I don't really go to the doctor. That's why I got jaw surgery this year. I don't know. Yeah, I just did that.

So I had to switch my insurance company from California to Las Vegas. So I had to get like a brand new insurance. I hated doing that. But I just picked the cheapest plan because I know it's like I'm not going to wood. I never go to the doctor. And if I need anything done, like I would just pay out of pocket

for it. Like we've been doing. I was thinking. Yeah. We do like almost weekly illness test. and instead of going through the insurance, I would rather just pay out of pocket, not deal with it. It's so much easier. So that's what I just pay out of pocket.

I agree with that. But then again, there are certain situations where it's like $50,000 bill or something like that. So my deductible, I think, is like $8,500. So I will pay the first $8,500 for whatever bill it is per year.

Everything over that is covered. It's called a catastrophic plan. So like if anything is over that amount, it's covered. my loss is going to be 8,500 a year. That actually makes, how much is your insurance, like monthly? I think, like, 280. I got, I got, I got, I didn't get the lowest plan, but I got, like, the second to the lowest.

$2.80 a month is a lot. Yeah, and there's some that are like four or $500 for like a silver PPO. Oh, yeah. Oh, the platinum plan, the platinum plan for me, 30 is like $800 a month with dental insurance. It's like for what? Like if I added up, because I think I started doing the insurance at like 25. And there's a few years, by the way. I'll admit to this now.

Like, I just didn't pay for insurance. And I paid the penalty because I'm like, I'm not going to get sick. I'd rather. It was 1% I think of your net income. Yeah, yeah. What was it? There was no penalty. And then there was like a 1% penalty.

I forget what year this was. But that was the year where I was like, all right, I'm just going to pay the penalty on that. And they check. They're like. Yeah. I think there's something on a tax return where you have to put in if you had health insurance or not. And yeah, I just paid the penalty on that.

I think it's like on your net. But I thought like I just didn't want it. Yeah. You know, I figured. Well, that's what I was looking at. So I was like, I really, if I go to the doctor, I just go to urgent care. I don't have like a primary care doctor. Yeah.

And even going through the insurance, I hate it. I did one to. check for like skin cancers and stuff like that. And I didn't know how much it was be and it was like preventative. So it's covered. But oh, wow. Like going and setting up an appointment through the insurance companies, you're like these people are in network and then I had to wait for an appointment

and then I went to the appointment just so they could refer me to somebody else. And I'm like, I knew exactly what I wanted to just checks for skin care. But now you got to go to their person who then refers you to somebody else. and then they coded one thing wrong. They did like a blood sample or something like that, but they coded it not as preventative. And then I got a bill for like three in a box for like blood testing. I'm like, this is prevented it.

You have to fight it. It was hours just to fight this thing so they could code it the right way so it was covered. It wasn't worth it. Like I would have rather just had not gone the test. It's not even gone. That kind of thing like scarred me once I was actually getting the jaw surgery. They like gave me a total in amount and I was like, okay, but you guys signed this because like, I don't know.

trust it. Like, I don't know. Am I going to get a bill months later for like thousands of dollars, but I haven't. Good. Yeah. But it's a success. So what was the surgery? It was double jaw surgery.

So my last time I was on the podcast, I was like, I don't think I had made the appointment for it yet, but I was like knowing I had to do it. But when I was younger, I had an underbite kind of thing. It was pretty mild. They were able to mostly get rid of. it with braces, but then it kind of came back over time. So yeah, it like didn't even look that intense or anything, but they just have to like break your jaw, reset it. I couldn't eat for like two months. And you were under when that happened? Yeah, for like four hours. Yeah. No, she was awake.

How bad did it hurt? No. That's crazy. That's pretty really. I was so scared. I was like dreading this for like 10 years, like knowing I'm eventually going to have to do it, but it wasn't as bad as I thought because I was like, I thought it was going to be even worse. I was mostly scared of the liquid diet. I was like, I'm going to be hungry all the time. Like how? But after the painkillers just made me so tired, I like didn't eat for a week almost, which is very, I couldn't imagine I would ever do that.

But it was like, you're just not hungry because your body's recovering, I guess. Amazon presents Jeff versus Taco Truck Salsa. Whether it's Verde, Roha or the orange one. For Jeff, trying any salsa is like playing Russian roulette with a flamethrower.

Luckily, Jeff saved with Amazon and stocked up on antacids, ginger tea, and milk. Habaniero? More like habanier, yes. Save the everyday with Amazon. Those painkillers are tough. Did you experience any sort of like

withdrawal from those things? No? Okay. I mean, they made me nervous, though. I tried to quit after like two days because I was like, I don't want to get addicted to this or something. But the pain was so bad then. I was like, okay, I'm back on it all the time.

But then after, I think, a week and a half, I was just taking ibuprofen. Okay. But like a lot of ibuprofen all the time for like three weeks. Got it. And then I was good. How long was the recovery? I mean, I feel like I'm still recovery. Like, I still can't really feel my chin.

Noneness, right? Yeah. Yeah, I still feel a little swollen, like not that swollen, but like I can feel it, but it like looks mostly normal. And like I can't open my mouth as wide as I could before. Like it's just like doesn't feel the same. Like it's really tight. None of that's permanent, right? Like you'd be able to open your mouth more at some point.

Like you'd be able to feel at some point. Yeah, it can take like a year or two to like fully. My dad had that. He had, I think he had too much of an underbite. So they did the same thing. I don't know if it was double-jawed. just like the bottom jaw. But same sort of thing,

but he couldn't feel for, I think it was for a while. But there was a chance of permanent nerve damage. Yep. It's like I might not fully get this back, but honestly, it's like, I'm pretty used to it. If I didn't get it back,

it wouldn't be like the end of the world, but I really hope I get it back. It's weird, though, how you just adjust. Yeah, it's such a subtle difference, though. Like, you could kind of notice it, but not really. Yeah. It's very subtle

Can you chew better? Yeah, way better before. It took me forever to chew and it was like just tiring to eat. And now it's just faster and easier. Yeah, that's huge. My jaw doesn't click all those things. What was it like with a liquid diet and going from that to like eating again? Were you nervous to eat?

Do you start with like jello or soup? Yeah, it's like you're on a liquid diet for a week and then you're on soft foods for two months. Two months. Yeah. What are the soft foods consist of? Macaroni and cheese soup, right? But even macaroni and cheese, like, you can't actually chew it at all. So you still have to, like, mash it.

Like, everything was just, like, mushy. I got really sick of it, but. What was the first food that you ate that wasn't mushy? It was pizza. And I was so excited. It was great. Were you nervous at all that, like... I would be so nervous.

I feel like if I got jaw surgery, I feel like I would be so scared to, like, take a bite of something. My jaw would just, like, unhinged or something. Yeah, it just crows. racks. I was nervous and it kind of hurt because I feel like the muscles and whatever your teeth were like, yeah, they're relaxed for a while maybe. So it felt weird. It kind of hurt for a few days.

But I wasn't that nervous about actually breaking my jaw because it's still like screwed into place. Like there's like plates and screws. So there's no way it's going to like. Do you like not eat soft food anymore? She avoids all liquids now. I actually kind of like soup more. I never had soup before, but I'm like tomato basil soup from the right places can be really good. Huh.

Yeah. Have you tried beef jerky since then? I don't think that would go well. Yeah, I don't know. Do you not like beef jerky or it's just for the chewing? It's fine, but like that would be a lot of chewing. Okay. Do you still take any of the gum?

I haven't chewed gum. I think that'd be fine. But like a carrot or even biting into that chocolate, I was like, oh, I kind of need to like slowly do this. Really? Yeah, which is weird. How long do you have to be careful for? I don't know, until it feels normal, I guess. I can't really tell, but it seems like I've watched a bunch of YouTube videos of it.

And after a year, people seem like way more past it. Can you eat apples? I wouldn't dare. Really? Yeah. Wow. Like I saw some at the store and I was like, oh my God, I don't think that would work. That's nuts.

We have an apple right here. Here's the challenge. Just to have to cut off a challenge. Yeah. Are you bummed it all about like the eating stuff or does it not matter in the bigger picture? At this point, no, because it's like I'm glad I can eat whatever before it was like when it was soft foods and a liquid diet. Like it was, you know, horrible to I feel like I can eat anything, even though I have to just eat it really slowly. But yeah, I'm happy I got it over with now though.

Yeah, that's got to be a relief too. Because otherwise that would be on my mind the entire time. I'm just knowing one day you got to do this. Yeah, and it's hard to find the time where there's not something going on. Like before there was always like someone's wedding or like whatever it was. Then the illness. Yeah, so I was like. That was good timing from that perspective.

Like you can't really be around too many people anyway. So you may as well. Right. I had been planning it for like a year. Like I had to get my wisdom teeth out and stuff and like find an orthodontist. But it just worked out like the timing. That's fun. Very lucky.

And you moved into a new place I saw, right? Yeah. How was that? How much is that place? And why did you move? That place is, I paid $2,500 a month. Not bad. And before I paid like $2,100.

But before I had a room and an office room, so now I don't have that, but we have, like, a big backyard. And just the house is way brighter. It's easier to record in anyway. So I'll just record in the living room if I want to. And how many people live there? Four. Would you consider doing an unlocked like Elena did?

What's that? What? We talked about it on the episode that you listened to. Unlocked. Yeah, that was like a new CBC edition. Oh, like having them go through all your stuff? No. It's like a house tour.

Yeah. Unlocked is where they go through how much money you spend rent. Oh, I didn't know that's what it was called. Unlocked. You should do a millennial money. Yeah. I don't want them to go through everything. Why?

Why? Is it the expenses or the income? What are you hiding? What are you afraid of? Well, I don't say how much I make on like brand deals and stuff. I don't know. But you could lump it together. Yeah. They never said like here's how much they got from this sponsor.

They just lump it together. They call it like affiliates, sponsorships, other. You could tell them how you want to structure it, but they'll put it in there. It's just, you could call it something. I feel like if I was going to do it, I would just want to make it myself and like. You should. They do well. They do well, though.

Not the same. When CBC does it, it's just they put their special. The spice into it? The spice. Yeah, but then you also have to like, they go through your records and stuff like that. It seems annoying for sure. Yeah. You can just do one yourself.

I think those do well. They're really interesting. But it's not the same. Great to react to. It is, but it's not the same. It is not. Well, I'm going to react to it regardless. But sometimes when CNBC does it, they just put that extra little touch in there.

It's professional. It's nice. Yeah. I'm like, I don't want to do it. But I would do like a house tour at some point, planning on doing that, but I'm like not in L.A. as much. Yeah. House tours do so well, too.

You could do that. Revealing my brand new dream home. Yeah, that would actually do well. That's what I would do. Get my roommates on board. Right. But that's exciting. I like the new place.

It looks really nice. It looks really fancy, too. It's fun. Yeah, you would think we're paying more, but the area is interesting. Is it, is it, yeah, we won't say exactly, is it, is it towards the, the rougher part of that area? Yeah, okay. Yeah, but I mean, nothing's like happened to us.

It's just, you know, that citizen app. Yeah. I mean, a lot of stuff goes down within like, 0.2 miles of us. So I'm like, I'm, I don't know, I'm not going to walk around with AirPods in, that's for sure. But that's anywhere. I have the citizen app too. And it's like, always, every, like, 15 minutes, it's like, there's a rob. Yeah.

There's someone pulled out, you know, something dangerous. There's an altercation down the street. Like, there's always something. Yeah. The last place I lived, though, there was nothing ever. It was like just families around. So this place is like, I mean, I'll, like, go outside and I'll hear people, like, fighting. And that makes it sound even worse than it is.

It's just, like, a lot of people around the area. Yeah. It's like a downtown of a city is like that. So. Are you happy to be living there? Yeah. I actually think it's fun. Like, I love the yard and the house in general.

It's super nice. My roommates are cool. Like, I like it. Who are you living with? It's my friend Morgan. You've reacted to her videos. Oh, yeah. Yeah.

Twice. Yeah. So she lives there. Katie Austin. She's a YouTuber fitness influencer. And then we have one more roommate who doesn't do YouTube. She, like, works in publicity. Okay.

Yeah. Cool. Yeah. That's fun. Morgan. We got to have her on. Yeah, does she want to come on the podcast? I told her, but she isn't, like, going on podcasts in general.

You know what? I reached out to her, I think once. But when the first video posted, I think I reached out to her right afterwards. Like, hey, just a heads up. The video is going to be posting soon. If you want to come on, let me know. No response. Yeah, I think it's just podcast in general.

Well, no, this is even before the podcast. I think this is, like, second channel. Wow. But this is when I was doing the big, like, confronting series. Yeah, yeah. React to someone and then immediately confront them. Those are the things. Because it sounds were intimidating

Like confronting Yeah, I don't think I said Like I want to confront you Like then I'd understand Like I'd probably also be like what? I need you to come to my house So I can confront you on camera No

Yeah No but it's all been pretty tame If she wants to come on The invite that she's welcome She's always welcome Yeah I feel like a lot of YouTubers now It's like at least I kind of feel this way

I'm so used to editing my own stuff that I'm like, oh, to go on like a different, I mean, this channel I'd trust, but like, I don't know what I'd be getting myself into on someone else's channel sometimes. Or like, a show, a TV show, I'm like, I was just like editing my own stuff. Yeah, I was nervous

with Jubilee the first, I'm really nervous. I actually said no to them on the first episode because I didn't want them to like portray me. I've seen some of those, what was it called, middle ground episodes? Yeah. And the ones I've seen, people are fighting back and forth.

But I pick the ones of the most views that have the most tension. And I didn't want to be, like, arguing with anybody or, like, someone says something to me. And, like, they throw that on there. And I said, no. And I just, like, I'll only do it if I could watch the episode beforehand and prove it. And they talk. Wow, they agree to that? No, they didn't.

Oh. They didn't. And they, but they called me back and they say, listen, our goal is to have you on multiple times. We don't want to, like, ruin a relationship by, like, making you look bad or, like, trying to, spin it around in a way. But they were honest. If you say something, we have the right to use it. But just be careful what you say.

And we're going to do our best to make this a good episode. And they were really fair about it, I felt. So I did it. But I was nervous about that. I was really nervous about millennial money. Because I knew I felt like they were going to just like trying to get this back. I remember you said that you were really scared because you got so much reaction commentary out of them.

Are they excited to make that one after all the videos about it? I don't know. At the beginning, my first phone call with them, it seemed like they did not like my reactions. Oh, really? Yeah, because I forget what they said. They said something like, oh, they said, are you, so are you planning to keep reacting to these videos? And I was like, yeah, I am. They're like, oh, well, I guess it's a very YouTube thing to do or like something like that.

I was like, they weren't a fan of it. And I think they felt, I was worried they felt. I was worried they felt like I was just making a mockery. Like they were doing the serious millennial money documenting things and I'm like just poking fun at it. So I felt like they were going to get me on and then try to like turn the tables on me. I would be nervous too. Right. But they were really fair.

And I think everybody in general, no one wants to make the other person look bad. Yeah, that's so awkward. If you like film a day and then you're uploading this video and it's they're not happy with it and just don't feel good about that. Right, but I think most people in general wouldn't want to ruin a relationship or try to like cut ties with somebody by like, oh, I'm going to do this funny thing. And so it's all worked out. True. Have you had any bad experiences with YouTubers? Not really.

I feel like I keep out of most of the craziness. Do you not do many collaborations? No, not really. Not at all. I don't, I don't know. I feel like they don't have a huge benefit. Well, I guess I'll have people in my videos if I want to interview them, but it's not like a traditional like collaboration where like we're making a video on their channel and my channel. It's just like if I think they're going to add something to my video, then I will, but I don't really care if I'm on theirs.

It really doesn't add that much of a benefit. Yeah. It used to a long time ago, I feel like it did. It'd be like, go subscribe to them and like you'd get a ton of subscribers. I don't know. I mean, we've been like focusing a lot on that kind of stuff recently. Just the podcast. Just the podcast.

No, but the main channel. Because, like, everything that we've done so far has done really well. But that has not been, I'll do a video on you and then you do a video on me. It's, we're documented, like, what you do. You find these really unique people or stories, and then you, like, you're just, you document it. We've been doing that. We've been, oh, we have so excited, the Idubs, I called Finance Cop. Okay.

Yeah. So this will be. Yeah, that's going to be huge. I think five for five, the other four of each done a million. views. And I'm hoping his is going to be also a million views at some point. They all seem to start off really slow. And then after like two weeks, the algorithm just picks it up and it does well.

So I'm hoping this becomes a series. So is this him on your channel? Yes. Okay, cool. Yeah. So what I want to start getting into once a month is having some sort of guest on the channel where I could just interview them and have them talk about finances. Cool.

So the bigger the better. But yeah, it's interesting to get to hear about how, like, how successful some of these people are. They just, you have no idea until you really start talking to them. And how smart a lot of these people are. Yeah, it's fun interviewing people. Like, I just like doing that. I'm glad YouTube, like, rewards those kind of videos now.

I feel like five years ago it wouldn't have done that well. But now it's like, it's just easy. They're giving you kind of all the content. Yeah. Get some cool B-roll. It's fun. Do you prefer interviewing people or being interviewed? I feel like I prefer interviewing people.

Yeah. I feel like I'm not as good as like off the cuff answers as if I like think about it more. Some people are really good about that though. Like that Gary V guy. Yeah. Oh yeah. Like all the time. I know.

Wow. You got to grind. You got to grind work. Hotsill. Don't get me started on that. That's so. You need to be working. I can't stand that.

I can't stand that so much. Yeah. I know. I feel like everyone's kind of over that. Yeah. Okay. I had a moment. Yeah. Isn't he only like 42?

He's like so young and he says he like grinded as hard as he can for 10 years and now he's done. Now he can chill. Then he's not done? That's what he said. No, he says like I worked my A off for like 10 years and now I can just chill. And it's like, I don't know, 10 years. You know what the crazy thing. That's what I don't like.

I don't know. It's crazy how he, that was definitely like a big blip of a trend in like 2018 where he was like the it. But I always used to think it's so crazy like how much he works and all the hustle and this and that. But then the more I started getting into, the more I realized, like, I identify with that very much. Yeah, I feel like you're kind of like wake up early, like work all day. I mean, when you were like, let's record this podcast at 7 p.m., I was like, okay. Is that late? You didn't have to say yes to that.

No, I'm like, I'm cool. I feel bad now. Yeah, we were totally cool, like, all day. Oh, really? Well, I mean, my preference was seven. That was my preference. But, like, you're the guess. Like, we could work on you.

If you're like seven. mind. Seven's late. Can we use three? Like, I totally would have done three. We're flexible around you. That's like.

Yeah. Well, we have, like, again, this is just what I would suggest, but you're free to counterback. I didn't realize. Great. Oh, I feel bad. No, I mean. Yeah.

Well, Graham asked me, he was like, should we do it at like two or should we do it at like seven? And I was like, oh, let's go later. Yeah, we didn't know that it was like. I just like this time of year, once the sun's gone, I'm like, I'm tired for no reason. Like, I don't know. Okay, well, thanks for coming at 7. Yeah. I don't know.

I sometimes like those late nights and early morning, so there's something magical about that. Like, for me, the afternoon is usually, like, harder to concentrate between 12 and 4. But early in the morning, late at night, Zonan. I like early mornings, but late at night, I'm like, I just want to chill. But this doesn't feel like work, so. Yeah. It's fine. Same with us.

That's what we go for. Yeah. I think every now and then, though, I'm just, I'm paranoid, like, does the audio, is the audio, good. Like, this is the stuff I stress about all the time. It's like, did we delete footage? It's definitely more work when it's your podcast. Like, it's like stressful.

Like all these cameras. Like, is something going to, something bound to get messed up. Yeah. Every single time. Yeah. Has anything changed like YouTube wise since we had you on? Um, I don't know. For your channel or anything?

You know, actually I feel like my RPM, I kept calling it CPM back then. I feel like it actually has had gone up. in that last half of the year. But now January it's down a little bit. But like beginning half of 2020, it was probably like $5 per thousand views. For your RPM? Yeah.

And then by the end it was like 10. For like the last six months and my vlog channel, which is so like those aren't finance videos. It was like me getting surgery. But they were pretty long. Like they'd be like 15 minutes. So three hours. Yeah, that can be it.

Yeah. Ad rates did go up a lot. Yeah. Because everything was like skip ads. There's like two ads. Yeah. They're going to keep going up too. I think so.

I'm sure of it. Year on year, the ad rates are going to keep going up. Yeah. People are really realizing that YouTube is the place to advertise and they're throwing a lot of money in that. Yeah. Who's even going to watch TV anymore?

I don't know. I don't know what to watch. I'm like. Yeah. When we grow up, like none of us. Did you watch TV? What?

Do you say me Kevin? I said me. I like I watched me Kevin's at the movie. Oh. Yeah. Yeah. He's the news. Yeah.

He is. You see NPR mentioned him? No. It has like a good source of unbiased news. No way. I'm surprised he hasn't gotten an offer from like a huge network or anything. They don't get it yet. If I were CNN or CNBC, I would offer Kevin like $10 or $20 million.

And I say, just be exclusive with us for three years and we'll pay you $10 million a year. They would be stupid not to give him that offer. Yeah. 10 million a year. And he just does that. I don't know if you would even take it. I don't think he would. I don't think he would either, no, but he's so good, like, just off the cuff, just, like, saying anything.

He has a good, like, TV-sounding voice. He does. He was, like, made to do this. Yeah. It's the inflection. Yeah. The voice inflection is perfect for news and stuff. We're talking about Kevin again.

I know. What are we doing? I know. We got to have him back. It's, like, only about me, Kevin. I know. That would be funny. Every guest we have on, we're just like, so what do you think of Kevin?

Yeah. Let's talk about Kevin. Like, before you come on, you have to watch this video. Oh my gosh. Watch the ads. Yeah. Is there anybody out there who you haven't met yet that you would really want to meet? Well, now I want to meet Kevin.

Okay, Kevin. Is there anyone out there who you would like freak if you saw this person? One day, you're negotiating with suppliers. The next, you're installing a shelf in the back room. Running a business means moving in many directions all the time. TD's new small business banking accounts are built for how your business moves. It's how we're making banking more human. I don't think there are you.

YouTubers that I would freak out. Really? I love John Mayer. He's not a YouTuber. I'd be pretty excited if I saw him and like met him. But like in a casual way. Like in a Starbucks? I wouldn't ask for a photo.

Yeah. Like would you say like oh. In a Starbucks. Yeah. Yeah. Yeah. Yeah. Yeah.

Like a cooler coffee shop. Yeah. A cooler coffee shop. Yeah. Like an Alfred's or something. Oh my gosh. You would be there though. If you were anywhere,

would be there. What about you, Graham? Who'd you? I mean, I already know. Dr. Phil. Judge Judy. Judge Judy. Yeah. Joe Rogan. Joe Rogan. Elon Musk. I mean, I could, yeah. Keenan Thompson, Gil Mitchell, Drake Bell, Josh Peck. Yeah, I feel like the Drake Bell's a recent one. Anyway, someone like that for me would be, would be big. One of these days, I send them all messages to Danny Elfman was another one. I've sent him so many messages, but I don't want to be creepy about it. That's like our thing. We send like 10 messages out to 10 different celebrities and just see which one of them get back. They probably have noticed

now. Like I feel like I'll see that kind of thing happen where I'm like this person they're disappearing and then they're coming back but it's like the more like I don't even know gimmicky looking finance Oh yeah yeah yeah What questions do you have for me?

Because you came in and you're like I have a few questions I want to ask you I forget I did want to ask you about the health insurance thing actually. Yeah, so I was doing that. today and I was, and that's it. I'm like, yeah. Oh, this is maybe not fun for the podcast, but if you refer people to, like, Robin Hood or something like that, do you just, they have like a max of $500 of referring people. Yes. Do you go past that somehow? I, all the time. I have thousands of referrals that I did from Robin Hood that I just don't get anything

for. So it maxed out of 500 bucks. They put me on, I had some sort of affiliate link beyond that. I figured they must have. But their terms weren't exactly what. I had wanted, so it never really panned out. So you just don't get anything for referring? For Robin Hood now. Yeah. Do you use it? I do.

Oh, yeah. I use every, yeah. I use every stock trading platform out there. I like first trade, Charles Schwab. I use everything out there. It's important that I know everything out there. Yeah. You're like an expert on it, I feel like.

Do you have Weebel? I just got it. Did you get your four free stocks? I got two so far, and then I'm going to do. Yeah. So, yeah. That one's definitely like this interface isn't so... It is, I guess probably good if you know how to use it.

There's like more info, but I'm like, okay, what's going on? Yeah, Rob... Sorry, Weble is really good for people who are, like, deeply into stock trading because the charts are so much better than Robin Hood. Robin Hood is like, you're just like tipping your, dipping your feet in there, just, you know, tipping your feet, your toes. It's so easy. It's very easy.

So that's what I like about Robin Hood. It's just you swipe up. Weeble's a little bit more complicated, but it's more thorough. Yeah, I just recorded a video where I invested $1,000 just picking individual stocks that I think. But I'm like, I just feel like it might not. If you want to react to some. Yeah. Did you see my stock picking monkey video?

I didn't watch that yet. Oh, watch that, yeah. It probably isn't going to do well. Oh, it's doing well, isn't it? My stock picking monkey video? No, no. No, did the monkey do well. The monkey picked well.

Really well. Okay, so we're going to react to Shelby's portfolio right now. So I did a video that'll probably be up by the time this is up. Okay. That was like, I mean, most of the money I invest is not in Robin Hood. It's like that financial advisor I was telling you about that last time. But it's like fun to play around on here. And so it ended up doing pretty well.

And I just picked some random ones. So here you can react. Let me see. Can we screen record that? Yeah. Okay. All right. So here we go. Okay, so $7,000.

But most of these only got like $100. So you got like fractional shows. So what is PLL? I've never heard. Is that one of your free stocks? No. I actually picked this one and they're like lithium for electric car batteries. This is fantastic.

You bought it in 45. It's worth $61 now. Yeah. I bought it like three days ago. Airbnb is great. I bought some Airbnb a while ago. It's doing decent. Alibaba.

Depends what price you bought this at. It's 259. Yeah, they had that recent controversy where the Jack Moths disappeared for a little while. That's this big dip that you see right here. 266. Yeah, so you did well on that. Facebook is great.

I think Facebook is so undervalued. I really do. Right? Because people think like Facebook, who uses it, but they forget Instagram. Yes. 100%. And Facebook, they're ramping up

their marketing and video. now. So I think Facebook to, I could see this being a 350 stock. I think Facebook is great. Love to hear it. Yeah. And Facebook is one of the few companies too where if I were just to hold something for like five years, I think Facebook and Google would be would be the two. How about Apple? I bought a little Apple, but I don't know. I keep feeling like they're trading beyond what they should be. No, but they're going to keep going up. But they will be like, yeah. I feel like everyone just always keeps buying the products. That's true.

So I don't see myself ever not buying. Whoever switches from Apple to not Apple. No. Like nobody. I'm invested in Apple. It's just I'm not buying more Apple like I am, Facebook or Google. Okay. Yeah.

Then we got Starbucks. 103. 102. Starbucks is the only one so far you lost money on. Is that a sign? Well, it's been like three days. So I feel like this one will eventually. And I just spend money at it.

So I was like. I think Starbucks will be okay. Let's see. Coca-Cola. 49, 48. Warren Buffett, I think his holding is in Coca-Cola. I'm not a huge fan of it just because I feel like just, I don't know too much about their business.

It's just sugary drink. Like, I don't drink Coca-Cola, so I wouldn't invest in them. But they own other drinks? That's what I was thinking. And they're still down from a year ago. And I feel like it's not going anywhere. Like, it's not, Coke isn't going to go away. Yeah.

What are the other beverages they own? They own a bubbly, I think. Topo chico, that's super popular now. Tobocico, that's Kevin's drink. Yeah, do they? They own it. Back to Kevin. That's going to be big.

Okay, yeah, Topochico. That's the new LaCroi, I feel like. It's, like, so trendy all of a sudden. Yeah. McDonald's is fantastic. I love McDonald's. I bought their stock, too. I think this is a solid hold, and you get a 2.3% dividend.

McDonald's fantastic. Apple, good. I like that. Look at that. Your average cost $1.17. Great buy. Have you been adding to this portfolio? Well, now I have, yeah.

Average has $396. I know. I'd say the biggest thing for me is that you should have put a lot more money in here. Let's see it. Let's see your GameStop. Ready? Yeah, let's buy it right now. Oh, yay, $20.

$209. This is going to come out like three weeks from now. This podcast episode. This is going to be interesting to see like what's up with GameStop. Because right now we have no idea. Yeah. So my prediction, it's, it's a hundred, I don't want to say 100%. I'm almost positive.

This is going to completely collapse. I agree. I think it's going to go down. I think she should just put in 20 bucks as a market order when the market opens. I wanted to do something where if it goes up to like 270, it automatically sells. Oh, sure, sure, sure. I bought into, I guess I could say this, I bought into games, just, this was a gamble back at like $17,18 because I saw it a month ago on Wall Street bets. And I was just like, you know what, I have some fun.

I don't want to like make it seem like I'm just taking risky, risky investments. But I had a little like extra fun money through some fun money in there. It's up like over 700%. Yeah. And then I'm, and now I'm like, I keep in my head just like, I go to my calculator on my phone. like if I invested $50,000, I would have had this. And then I just keep thinking, well, had I done $100,000? And it's hard not to look at that and be like, if I just invested $200 grand,

I could have made over a million dollars. So, but, you know, so be it. I thought about that with Tesla. I invested in that in 2019. And then I sold it. Like, I got it at 200 and I sold it at 700. And it's like, that's like, if I could go back in time and do one thing, you put more money into that.

Yeah. But also like, whatever, I still like doubled. or tripled my money yeah tripled can't complain yeah no you can never complain about taking profits and I really think GameStop and this is so interesting

because this is gonna be three weeks or now yeah this is the only stock that I bought that I had the intention of of selling it short term every other stock that I buy I'm buying with the intention of just holding it forever

when are you gonna sell my answer right now is by Friday Friday whatever the so am I Most likely. That's fascinating. And I feel like I'm at this weird point right now where I shouldn't be getting greedy. But this is meant from the very beginning just to be like a, that's a fun.

Let's let this ride. There's no way I'm losing money on this thing. So no matter what, I'm in the green. And you can get a couple videos out of it, probably? I'm making one video. Because I don't want to ever be seen as like trying to pump up a stock. The video that I made is so, if anything, it's negative towards Gamestock. Like it works against me in this video I'm making because I'm explaining like it's not sustainable.

It's going to crash 90% of people buying and are going to lose money, but this could go to a thousand or it could go to 500, but 90% of people will lose. But I never want to make like another how much we made from games up because then it promotes risky behavior and it goes against my message. But I think this would be like the average person being like, hey, I have, you know, a hundred bucks. Let me just go and gamble it away. Like 50 bucks. That's the equivalent basically. Yeah. But yeah, when I was making this video

picking these stocks, I felt like I had to say like five times, I was like, this was not all my money, like I swear. Yeah. I'm not putting it all into these random. My biggest fear is that people copy what I do like stock by stock. And that's why I've never

shared my entire portfolio because I'm so afraid I share it and there's going to be someone out there who buys. People definitely would. Exactly. Like every stock in proportion and if it goes down, I don't want to be like, well, why do you copy me then? You know, I bought these way, way back then.

Don't be upset at me. So I don't want to show that. So that's one of the few things that, yeah, just in case. Right. But I could say after the fact. And this is posting after, I would have sold. So, yeah. We'll see.

We'll see. Yeah, it'll be interesting. Yeah. Is there anything else? I feel like it would be fun to make some predictions, since this is the first time we're ever doing a podcast episode three weeks prior. Yeah. Okay.

I'm trying to think it was... Do you think that it's going to happen with AMC and Blackberry? What's happening with GameStop? Yes. Okay. AMC, yes. Blackberry 50-50. Okay.

So is this before the hype of it, though? This is like the beginning. Beginning of hype. Yeah. So they might pump those stocks up. I'm going to check that out. We'll see. Yeah, Wall Street bets doesn't want to split their attention right now between them.

They want to focus all of their attention right now in GameStop. Do you think there's going to be any SEC regulation on activity like this in the future? No. So what's basically happening is these random people all got together. Yeah, let's buy this. Basically. Yeah, so what, no, it started off with this one guy. He did research and found, like, listen, GameStop, 90% of people out there are shorting

the stock. But they're shorting more stocks than are available in the market. So he made a prediction and said, under these certain circumstances, as soon as there's any good news, there's going to be what's called the short squeeze, which means the price of the stock is going to go up based on good news. That's going to cause people to cover their short positions by buying the stock and closing out. Because they buy the stock and close out, that means the price of the stock is going to go up because there aren't as many stocks available that they could pick from.

So that's going to keep causing the stock to increase exponentially until all of the shorts are covered. And because there's so many shorts out there, this stock price could go up like the hundreds of dollars just because of that. Who are these people getting together to short it? Wall Street bets. It's a community of 2 million traders who read this form all the time, including myself. And when they see what's called due diligence on something like that that gets upvoted, they're like, wait a second, this guy might be right.

Combined that with a lot of really big news for GameStop. They had this guy who went in, he's the guy of chewy.com, go in and try to turn the company around. They did a deal with Microsoft and Sony to sell their games and their discs. So they have all this good news that's now driving up the price of the stock. So that was a catalyst combined with Wall Street bets, combined with all the shorts, that make this the perfect storm and like this rare opportunity where like everything lined up. And then when Wall Street bets got a hold of that, they said, guys, if we all just work together, we all buy these $60 call options on GameStop, when we drive the price of the stock up,

If we all just do this, the price of the stock will go up. And sure enough, when you get a community that's like, you know what, I'm in, let's do it. You've got so many people buying up all the stocks and sending this price higher. And then you have people saying, we need to come together and just agree, we're not going to sell the stock until it hits a thousand. Then we'll actually get our price. If we all just stick with the plan, we'll get a thousand. But then people are going to sell it at $9.99 because they don't want to be that. And then there's going to be someone thinking,

I called it in my video, that's what I said. If people expect a thousand, it'll be nine, 90. But then I would be like, people are thinking 990, so I'll be 980. And other people are going to be like, well, she's 99. I'm 970. Yeah. And they're going to, there's definitely like a social experiment YouTube type video on this. Right. How high do you think it's going to go? I don't know. So there are people out there just losing a ton off this too? Short sellers. Yeah. Now, those are institutional investors with billions of dollars. Okay. So no one's like too worried about them. Um, individual. traders could buy in at the peak and lose.

The short sellers are the institutional investors who have billions of dollars of capital behind them. So right now it's really between Wall Street bets and big institutions. Wall Street Betts wants the big institutions to bleed money and just lose as much money as possible that they could get in return. That's really what this is about. How high could it go? I would be shocked if it hits a thousand, but Volkswagen, which is the example that they used that happened back in 2009, I believe.

leave went from being like a $50 stock to a $900 stock for a few minutes before it crashed down. A few minutes is how long it was sitting there for. That's it. So this could be a little blip on a rate. This literally could be go from $400 to $800 in a matter of like an hour, maybe 900 for like 30 seconds or something before it. Once it hits a peak and starts selling off, everybody is going to start selling it. off. So you've got to be on it, like so fast. And you can set an automatic selling price. You could. You could. So it's, I'm going to say 565. That's my price. Peak. I was telling myself I'd sell it like eight. So you think eight? Yeah. What about you, Shelby? Just put a number out there. We'll see who wins. Okay. 700. 700. Oh, if you're talking realistic, realistically, I have a feeling probably close to four. I don't think we'll hit four.

Realistically, I think it'll be like a $3.90 or so. Yeah. The problem is that I won't want to sell then. Yeah. And I look back at this. I'll be like, Graham, you should have sold. Should have sold then. Could sell some of it.

Yeah. The problem is it's so volatile that this is a stock that on, I think it was Monday or Friday, it went up 100%. And then trading halted, crashed back down below where it was trading up the day prior before going back up again. So you don't really know where it's going to go.

This could drop 50%. But then, but that's not it. Then it'll triple in price the next day. You don't know. Oh my gosh. Yeah, this is for real gambling. Yeah. So look at that 20 bucks.

Yeah. If you double your money on that, sell it immediately. And at least you'll make 20 bucks. Yeah. Yeah. I'll make 40. Those from the bet. Yeah.

Oh, yeah. Shelby, what do you think about rollerblading? Oh, yeah. Good, good. Good. As a first date idea. Hmm. Or roller skating.

Okay, let's say... Oh, I went like ice skating, but as like a second date once. No. Yeah, that's normal, isn't it? As a first date, it might be a little too much going on. Like, what if you fall? Like, I don't know. Ladies, Jack has been receiving a few messages lately in the DMs, and Jack has been

responding to you. And we have two potential... candidates who slid in the dams. Took a rollerblading. It's not potential anymore. Maybe not. Maybe not. So anyway, we had such a fun time. We were driving back from Las Vegas to L.A.

We could film this podcast. And the entire car ride back, we were figuring out what to say back to these messages. And we came up with the perfectly crafted messages. Back and forth, they were going so well. And then I'm like, Jack, get the number. Get the number. Jack got the number. And then she sent a text.

And then we're going back and forth. text we're trying to figure out like how do we coordinate this and then as soon as Jack says well you talked about rollerblading no you see we what was it you want to read it up you suggested rollerblading and they're like

uh I'm good wait why is that weird I don't understand why that's weird I feel like that's your opinion on these text messages and if you think they're okay okay I mean so far this is looking pretty good that's what I come about but then it takes a turn and rollerblading is

considered cool here. Oh, this is where it takes the turn. This is where it takes the turn. Roller skates are cooler. Wow. Okay. She's like actually really serious about this. That's what I thought. I thought she was dead serious. I don't think so. I was serious too. No. But Graham's like, oh, she's like just joking around. See, and then you can

read. I'm slightly offended. Okay, first off, you're totally wrong. They haven't been cool. True. I think of roller skates is like a roller rank and you're like don't know how to use the roller blade so you get roller skates. It's like the beginner stuff. Yeah. we should put this to the test. What's your schedule like this week?

Oh. And then no response back. And then it was like, oh, wait, you want to actually meet up? Like, uh. You think that was it? I think. Is that what? Here's the thing.

Okay. Why don't she get, let's a number. Let me explain this a little bit better. Okay. So I said like, what's your schedule like this week? Graham told me to say that. I didn't want to say that. I think that's too aggressive.

I don't think so at all. That's passive. What's your schedule like this week? Yeah. Because then it's like, how long is this going to go on of just texting before he might as well Me. But then she says, I'm slightly offended. I'm like, okay, Graham, she's backing away. And then Graham said, you got to go in for the, for the final blow. And I was like, and then he said, send this, not my fault that you like roller skates. He told me to send that.

Okay. And then he said, you're only offended because you'd know I'd win. I didn't want to say that. I wanted to like, I wanted to like, now it seems like, whoa, are you actually like mad about this? Wait, I know, I thought it sounded too genuinely, like, upset. Yeah, no, I would think so. I'd be like, what the heck? Wait, wait, so I guess some of it doesn't translate well over text. Yeah. Like, that's what I was saying.

If you're like, oh, I'm offended, be like, oh, you're only offended because you know I'd win. I guess the tone maybe doesn't translate us. You would need that little, like, smiley face that's going like. The smirking one? Yeah. Should I send it? No, no, okay. So what we were saying, what we were saying is Jack.

Just be like, send her a link to this episode. We were saying Jack should call her right now. Should I call her? Yeah. And just because at this point, I don't care. Like, I think it'll be, I know nothing's going to happen. So I figure, like, at least we can get some information from this and maybe see where we went wrong and learn for the future.

Yeah. I feel like she's not going to answer, but hopefully. I would say she is going to answer. Do you want to bet? Okay. I think I have, like, $20 on me. I'll get $20. Deal.

Wait, so you think she's not going to answer? Right. I think she's not going to answer. All right. So 20 bucks. I have 20 bucks. I don't hope she does. That would be funny.

Okay. Oh my gosh. All right. So I have 20 bucks. This is terrible. Whatever it is, I'll give it to you right now. I think there is nothing that can go wrong. Okay?

You have to manifest that. Okay. That's what I'm nervous about. Hey, you're live on the podcast. No, I'll say live. Oh. Just like, hey, we're filming a podcast right now. Can I ask you a really quick question?

Okay. I don't want to lose $20. It's okay. You'll make it back from that. I know, but. She's not going to answer. But she can call bad. It's game over.

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So you're ready for whatever's next. Learn more about their customizable plans at squareup.com. What if it's like, hey, it's Ricardo. You should leave a voicemail. Leave voicemail. Please leave your message. Leave voicemail. You could delete this.

Oh, you can do? Yes. Press 2. To delete and re-record your message has been deleted. Hang up. No. Okay. Hey, this is Jack.

We're recording a podcast right now. And we just wanted to get some information regarding the exchange. that we had yesterday. All right. Thank you so much. Let me know. Staying up.

Hey, that was good. I probably, I would have started laughing like sooner, honestly. She'll be like, okay. All right,

I'm going to give this to you. If she calls back, you give it back. Okay. There you go. What we have learned from this is that you win some and you lose some.

Okay? That's our key takeaway. I was nervous for you. I was so nervous for you. I felt like it was like a prank call all of a sudden. Yeah. Oh, God, that was so terrible. Voice mail, dude.

Okay, I'll leave this on, um, not on do not disturb. So she does call back. Okay. Then, then. I feel like she's going to listen to the message and purposely not call back after that. Dude, I think the message actually hurt my chances of winning his pet. That was so bad. That couldn't have gone any worse.

She thinks it's going to be a prank. I couldn't have gone worse. So do you have, do you have any other advice for, for Jack? Um, I don't know. I mean, it's probably tough during quarantine. Yeah. Pretty much. Maybe she has the illness.

Maybe that's it. That could be it, yeah. Or a good excuse. Or a good excuse. Maybe she's just so nervous. I don't know. Maybe. Maybe she doesn't intend on meeting up with anyone.

She's just like, was also on a road trip. That could be a thing too. It's just boredom. Yeah. It's just sometimes just, I'm just bored. Just go and text someone back. and forth and then just let it be. Maybe she thinks she doesn't deserve me.

Probably it. That's probably it. That's probably. Yeah. Now that I think about it, that's definitely the reason. That's our takeaway. That's it. We'll go with that.

I think we're good. Yeah. Yeah. Anything else? Cool. Well, guys, yeah. Thank you so much for watching. I really appreciate it. And Shelby, thank you so much for coming on again.

Thanks for having me again. We'll have you on like every six months. You could be like that recurring guest who's just, I mean just chat. We just chit chat every six months or so. This has been fun. Make sure to subscribe. If we're not at 100K yet, you better subscribe.

Add us on Instagram, get your four free stocks down below in the description. This is not investment advice for entertainment purposes only. Thanks again for watching. And until next time. Yeah, so we randomly generated, like, a list of, like, 30 stocks.

And then the monkey randomly picked 10 stocks out of those randomly generated 30 stocks. What? She's calling. Holy shit. She's calling. I want my money back. Okay.

Is that on? Wow. Is that on? Yes. Okay. Hello? Oh my goodness. I missed your call.

What's up? Hey, not a lot. How about you? Not too much. Okay. Full transparency. I was with my friend in a car. My friend and his girlfriend in a car.

And we were crafting perfect messages to send to you yesterday. Shut up. You were not. I swear. Is that why you were so witty? Are you? Oh my God, we were witty? I was good.

I'll take credit for 99% of the wit. My friend can get the 1%. Oh, yeah. Okay, the rollerblades. This is actually probably the most important question. And would you have showed up with roller skates? Possibly. I told you.

I told you. She was going to show up with roller skates. Wait, hold on, hold on. I got you just speak up. It's okay. Oh, one second. Okay, last question. Are you ready?

Are you ready? Oh, what's your schedule like? All right, Thursday, 4 p.m. All right, all right, I'll see you then. Boom. Look at me. Wow. Mr. Date.

These are like my random picks. I'm going to give you this back. Put it towards GameStop. Oh, okay. So there you go. Thanks. My gift for you. Thanks.

GameStop. All right. This is a 30-something episode, and this podcast has made. Okay. Just say the 38th. And if we posted earlier, we'll have the 37th,

it doesn't matter. 38th ever episode. The 38th? Okay, I say that. Yeah, yeah. 38th ever episode of the ice coffee hour. 35,5,000. Okay.

Okay.