The Money Mondays - He Makes Multi-Millions Trading PENNY STOCKS 💰📈 Timothy Sykes | E15

Episode Date: May 12, 2023

Timothy Sykes is a world renowned stock trader, entrepreneur, and educator in trading penny stocks. With over two decades of experience, Sykes has established himself as a leading figure in the financ...e industry and gained recognition by turning his Bar Mitzvah gift money into a substantial trading portfolio, ultimately amassing millions of dollars in profits. Tim Sykes is best known for his unconventional approach to trading. He teaches his trading strategies to help new traders achieve financial independence through his blog, social media, and trading programs.  @TimothySykesTrader  stresses the importance of meticulous research, risk management, and adapting to market trends. Beyond trading, he runs a charity organization called the Timothy Sykes Foundation. Sykes also actively donates to causes such as education, healthcare, and wildlife preservation. His success story and commitment to sharing trading insights has inspired countless individuals to achieve their financial goals in the world of stock trading. --- Like this episode? Watch more like it 👇 Watch ALL Full Episodes Here: https://www.youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k --- The Money Mondays is a business podcast here to teach you how to make money, invest money, and donate money by showcasing some of the world's most successful people and how they do the same. Hosted by serial entrepreneur Dan Fleyshman, the youngest founder of a publicly traded company in history, this money podcast gives you an exclusive behind the scenes look at how the wealthiest celebrities, entrepreneurs, athletes and influencers make, invest and donate money. If you want to learn more business and investing while you work to improve your financial life, you're in the right place! Subscribe for new weekly episodes: https://www.youtube.com/@themoneymondays?sub_confirmation=1 Dan Fleyshman, The Money Mondays Learn more here: https://themoneymondays.com Watch all the podcast episodes: https://youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k Subscribe for new weekly videos: https://www.youtube.com/@DanFleyshman?sub_confirmation=1 Let’s Connect... Website: https://themoneymondays.com Podcast: https://podcasts.apple.com/us/podcast/the-money-mondays/id1663564091 Twitter: https://twitter.com/themoneymondays LinkedIn: https://www.linkedin.com/company/the-money-mondays/about/ TikTok: https://tiktok.com/@themoneymondays FB: https://www.facebook.com/The-Money-Mondays-110233585203220/

Transcript
Discussion (0)
Starting point is 00:00:00 The people who succeed really put in the time because you have to love it. You have to love like the process and love learning. It's not just about the money. Like the money is a byproduct. Success is a byproduct of your hard work and passion. So like, even, okay, I have, you know, nearly three dozen million or students, most of them made very little to nothing or even lost money in year one or year two while learning while trading small, you know, my top student
Starting point is 00:00:24 Tim Grittani made nothing his first nine months. If you're studying and trading every day, for nine months and you make nothing, are you gonna continue? Because he was learning, he was focused on it. My top upcoming student, Jack Kellogg, he's made 12 million now. He lost 2,600 his first year.
Starting point is 00:00:39 He paid me like $5,000 for the challenge and he lost 2,600. So you're down basically 7,500 after year one. And it's like, oh, this is a scam. You have to learn. [♪ OUTRO MUSIC PLAYING [♪ Ladies and gentlemen, welcome back to the Money Mondays. We have a very special guest today.
Starting point is 00:00:59 I've known this gentleman for, I think, a decade now. He has over 14,000 students in growing that he teaches about stock trading, investing, and learning all things to make money online. Please welcome my very special guest, Mr. Timothy Sykes. Wow, the crowd goes wild. We are co-hosted here with the real Tars in. As you guys know, Tars in gets over 200 million views a month teaching and showcasing animal content.
Starting point is 00:01:23 So very happy to have him here. Timothy and Tars Tarzan have actually traveled the planet together, and they actually work on a charity together, which is what we're gonna get to today. Timothy, there's only three topics we go over. How to make money, how to invest money, and how to give it away to charity.
Starting point is 00:01:36 You are the perfect candidate to talk about all three of those topics. So if you could, give us a two minute bio so we can get straight to the money. Sure, I was a tennis player, but I'm Jewish, so I can't be good at sports. So I got injured. My parents gave me control.
Starting point is 00:01:49 My bar mitzvah gift money, $12,000. Thinking I would lose it all. It would be a good lesson. Instead, I got obsessed with just looking at every single stock chart, finding patterns. I was right-place, right time back in 2000. May, basically, 100,000 senior year of high school, nearly a million freshman year in college,
Starting point is 00:02:04 blew my mind from a small town in Connecticut. I've been trading ever since. Made millions of dollars trading, but then I didn't have any rules or risk management. Eight years in, I was like really lucky. I was like the Jewish Forest Gump. Eventually it caught up with me, lost a third of it, my money, my hedge fund.
Starting point is 00:02:22 I was a cocky dumb kid, so ruined all my industry credibility. But then I was on this TV show called Wall Street Warriors, drunk in every episode, so very entertaining, compared to all the other boring people, one of whom turned out to be a fraud, as in jail, shout out, geesh, shimai. But I did have a good trading strategy.
Starting point is 00:02:42 Before I lost a third of it when I tried investing without the rules that I didn't realize were so important. So came back to trading, right place, right time, this website called CoVester tapped into your brokerage account back in 2007, 2008, and I got in a lot of people wanting to learn from the TV show. So I was like, let me go back to my $12,000. Prove that I can do it again, tapped into CoVester, verified everything, became the number one ranked trader at of 60,000 on CoVester. He didn't quite turn the 12,000 into millions, like I did before, but 12,000
Starting point is 00:03:15 into $250,000 in three years, showing every trade, video lessons, blog posts, documenting the strategy. Now built a up again over time. I have 8,000 video lessons plus. I give two to three live webinars a week over seven and a half million in trading profits. I go back to the small amount every year, donate all my trading profits to charity because that made it more meaningful to me. The adrenaline rush of profits disappears after a while. So now we've built 115 schools. $8 million donated so far, traveling the world. We did a documentary on the rhinos in South Africa,
Starting point is 00:03:53 one on saving sharks, saving coral reefs. Right now we're working on a documentary with our new schools in Bali, and just poverty in the third world. So very fortunate to make a lot, travel a lot, and now give back. There's a lot to unpack there. It's all over the place. So we're going to go in our steps. Cool. Making money, investing money, giving way to charity. All right, on the making money side, how does Timothy Sykes make money? You have one part of your life is actually trading,
Starting point is 00:04:19 and one part of your life is teaching, and you've got, you know, like I said, like 14,000-ish students, talk to us about both. So it's all mixed in. I still trade every day. I make a watch list. I make video lessons. I'm trying to focus on the hottest stocks, but I trade with a small account. I trade for charity.
Starting point is 00:04:32 So technically, I make zero from trading these days, which is fine by me. Still donate, 2020, 2021. I made over a million dollars each year in trading profits all donated, but showing the process. That's the key, right? Most people have small accounts like that. Yeah, I have 14,000 students, but most of them have like a
Starting point is 00:04:48 two-three thousand dollar account. So I'm showing them how do you actually do something in the stock market with small amounts? Like you can't just invest in like, you know, a mutual fund, what, even if you make 10% per year, you're gonna make $200 a year. It's a waste of time. Inflation's gonna crush you. So I'm showing speculative strategies with low-price stocks, penny stocks that everyone in the world hates, but I think they're really good for small accounts if you understand the risks. You know, 90% of traders lose. So most people is just like teaching them how not to lose. For me, rule number one is cut losses quickly. So I'm doing video lessons, I'm doing webinars, all teaching the rules on how to trade speculative stocks, but also
Starting point is 00:05:25 do it thinking about the potential losses. It's nice you say, like, oh, make money, give back. Most people don't make money, right? So you can't give back. And then you need to focus on, like, how do you grow a small account? This is what I'm really good at. Now 35 million are students. They usually start with like two or three thousand dollars.
Starting point is 00:05:43 My top student has now made fifteen million. And so it's like showing the power of small accounts and like growing exponentially. No different than like with a business, but like with trading, you learn how to make, you know, twenty percent on a trade using five thousand dollars, then fifty thousand and five hundred thousand. There's limited scalability, like I'll never make a billion trading penny stocks, but you can make, you know make a few hundred thousand or a few million a year,
Starting point is 00:06:06 which is more than enough for most people. So walk through the levels of your training. Is there something people can just learn online, or they learn from you, do they go to live events? Walk us through the main things that you can talk about of your training world. Yeah, so I mean, teaching is not an exact science, right?
Starting point is 00:06:22 Everyone learns a little differently. We do in-person events, but it's mainly online like I give live webinars Q&A webinars You see my screen you can see me trading my top students are now helping other students learn So you know, I have the trading challenges. We're all my millionaire students come from you pay a few thousand dollars for a year You get live webinars watch list video lessons separate lessons, separate chat room, and it's just a whole community focused on teaching. There's other levels too, like lower levels where if you don't want to pay a few thousand dollars, we have like $75 a month, you get a chat room, you get watch lists, you get alerts,
Starting point is 00:06:58 you get some video lessons. So it's a mix, but the key is like everyone always wants hot picks and everyone's like, oh, what's the next hot pick? And I'm like, no, I'm a history teacher. I'm teaching basic patterns that work more times than not. And I still lose like, people think like, oh, if you study enough, you can win 100% of the time. I lose like 30% of the time,
Starting point is 00:07:17 but my losses are like one or two or three percent because I cut losses quickly. And then my wins are like 10 or 20%. So if your wins are bigger than your losses and you win more often than you lose, your account grows. The key is staying disciplined. I cut losses quickly and then my wins are like 10 or 20%. So if your wins are bigger than your losses and you win more often than you lose, your account grows. The key is staying disciplined.
Starting point is 00:07:29 So I'm basically teaching like degenerate gamblers discipline, which is not an easy thing. They always want to trade, they want the action. It's not even about the profits for them. They want the action. Like what's next, what's next? Oh, AI stocks are moving. Let me trade this.
Starting point is 00:07:42 Oh, weed stocks are moving. Let me trade this. And usually they take subpar trading setups and they get subpar results. I say like if you trade random setups, you're gonna get random results. You'll have losses, you'll get frustrated. So I'm teaching people to be very meticulous.
Starting point is 00:07:55 I usually only take one trade out of time. And I focus my energy. Not that I'm like trading huge, just I'm focused on it. So if it goes the opposite way, I'm out for a one or two percent loss. So you said that 90% of traders lose. Why do you think that one that they're losing? And two, why do you think a lot of people buy things like gym memberships or training courses and then don't follow through? The answer is the same for both. It's a lack of discipline, it's a lack of patience. You know, even if most of my students don't study hard enough,
Starting point is 00:08:27 those who do succeed, because it's all about knowledge, it's all about preparation. When I say 90% of traders lose, that's just an industry stat. But, you know, with gym memberships, 90% of people with a gym membership don't go to the gym. They're still paying the fees. We were talking about this earlier,
Starting point is 00:08:43 you know, New Year's resolutions, January, like, oh, I'm gonna do things differently this year. So Jim membership is high. Jim's know this, right? Jim's can like literally like track the number of users and it's pretty much the same every year. January biggest month of the year by far for Jim memberships.
Starting point is 00:08:59 February fades a little bit, March, it goes lower. April very low. May we're talking about this, like, oh, you want like a good summer body. So may there's like a spike. So you're understanding like human psychology, we wanna get better, we wanna get fit. We can't all be like Tarzan, like I looked at him like,
Starting point is 00:09:16 dude, there's hoodie, like he's wearing the Carmichael merch. This is our charity merch. I'm like, yo, we need to send him some extra clothes. But he's lifting, he's working out, you're always working. This is our charity merch. I'm like, yo, we need to send them some extra clothes. But he's lifting, he's working out, you're always working, I'm always working. The people who succeed really put in the time because you have to love it.
Starting point is 00:09:34 You have to love the process and love learning. It's not just about the money. The money is a byproduct. Success is a byproduct of your hard work and passion. Even, okay, I have nearly three dozen million new students. Most of them made very little to nothing or even lost money in year one or year two
Starting point is 00:09:51 while learning while trading small. You know, my top student Tim Grittani made nothing his first nine months. If you're studying and trading every day, for nine months and you make nothing, are you gonna continue? Because he was learning, he was focused on it. My top upcoming student, Jack Kellogg,
Starting point is 00:10:06 he's made 12 million now. He lost 2,600 his first year. He paid me like $5,000 for the challenge, and he lost 2,600. So you're down basically 7,500 after year one. And it's like, oh, that's a scam. You have to learn. If you focus on something like huge, right?
Starting point is 00:10:21 Like when you bought this, you know, whole beautiful park that we're in right now, I don't even know what do you call it. Ranch, I call it a park, right? It's a park. The park are dreams. If you build it, they will come. That's like this whole thing.
Starting point is 00:10:34 I see like feel the dreams kind of thing. You had to take a loss at first investing in this, but you get paid back over time. So it's the same thing with, you know, gyms like if you want to be fit, it sucks, but you get paid back over time. So it's the same thing with, you know, gyms like if you want to be fit, it sucks, but you got to go through it and you get like rewards, you're two year, three year, four. So you just have to go in with the right perspective.
Starting point is 00:10:52 A lot of what I teach is just mental, right? Like you don't need to be in a trade every single second. AI is blowing up, but it's not blowing up like overnight. Like it's not like, oh my God, I need an AI stock today. What if there's good news and there's an AI stock three days from now, but you're in a subpar stock because you're a degenerate gambler and you want it action right now.
Starting point is 00:11:09 So having a whole perspective, teaching like the whole journey. And this is like, you know, from myself, turning a few thousand into several million, and now three dozen students turning a few thousand into several million. There's a process here. It's not fun. It takes dedication, but if you have the right perspective and you think, okay, it's a marathon, not a sprint,
Starting point is 00:11:29 year three, year four, year five, that's what you're really training for. Like right now, we're filming this in what? April 2023, what can you do in April? What can you do in May? What can you do in June of 2023 to make 2028, 2029, 2030 the best you ever. People don't wanna think that way, right?
Starting point is 00:11:46 It's like instant gratification. Like I wanna get rich overnight. I wanna build things overnight. It doesn't work like that. And some people start, like I have students who are like, oh I'm gonna be your next millionaire. Let me start with like 100,000. They inevitably lose more.
Starting point is 00:11:58 Because they're untrained and they're trading with a big amount. So I actually encourage people if you think you should start with like 100,000 or 50,000, start with like 5,000. Start very small because most likely you're gonna lose because you need to learn a lot of like counterintuitive rules. Like cutting losses quickly is not fun.
Starting point is 00:12:14 Some of my best trades I lose one or two percent and I show every trade publicly. So I post my losses and like my haters are like, sucks lost again. And I'm like, yeah, I did. That's part of the game. So being real, being passionate, and being dedicated. So for all of our events,
Starting point is 00:12:30 I either over invite 40% of people, a free event, we have elevator nights, which is free, we've done it 51 times. If I have room for 500, I let at least 700 register. Because about 40% don't show up. That's good. You're above average. When it comes to our masterminds,
Starting point is 00:12:46 we expect 20% people that paid $35,000 or $100,000, don't show up. They paid $100,000 and 20% don't show up. Yeah. And so I asked about the mentality of the gym or info products or teaching, like, what is the mentality behind why people don't show up? And I've encountered it for years.
Starting point is 00:13:04 And it's fascinating to me because they will then justify it no matter what. And they'll either blame it on you or they'll blame it on the gym or they'll blame it on the structure or they'll blame it on the weather or they'll signify another. They always find something to blame it on. All right. The other parts of the making money side. When we go through chaos, would you say that's a good time for the stock market or a bad time for the stock market to make money? Chaos is fantastic. Panic is fantastic. I'm sorry to be like the bare bad news,
Starting point is 00:13:29 but when other people are panicking, especially unprepared people, that creates opportunity. Like if you were gonna get your own ranch, you don't buy when ranch prices are at their peak, you wait for a real estate crash, you wait for somebody, maybe they have gambling debts, and they need to sell like a good asset to cover their bad debts.
Starting point is 00:13:47 That's when you have opportunities. So for me, one of my best dip buying opportunities is dip buying penny stocks that have recently risen. Stocks that are recently up 100, 200, 300, 500% in a few days, whether it's AI, whether it's some promoted stock or something, right? There's penny stock promoters like Wolf of Wall Street and wannabe Wolf of Wall Street, you don't chase it
Starting point is 00:14:06 because it usually does come in. And when it comes in, because most people who trade are very unsophisticated, they start to panic. So they put stop losses, right? So like you can use a stop loss, which is like an automatic order with your broker. So like let's say a stock has gone from one to seven
Starting point is 00:14:24 in the past few days and you missed it. Maybe you sat on the sidelines, whatever. It starts coming down six, five, four, people who have ridden it up and maybe didn't take profits. They start to want to be like, oh shoot, this could come down. Stop losses go off at key round numbers, newbies use like round numbers for stop losses.
Starting point is 00:14:41 So it's like a tsunami of selling. So a stock that goes from one to seven and let's say five days can go back down to like three or four in like one hour. Then you know, I get these morning panics. And sometimes there's a 40 or 50% panic in a morning. This is one of my favorite patterns. The promoters stop, the stop losses go off,
Starting point is 00:15:00 the newbies get, you know, the weekends get crushed out. And then you have a 40 or 50% off sale in one morning. It's like, you know, going to like a Black Friday sale like Macy's and you get your favorite sweater like 50% off. Not exactly because stocks when they drop 50% there are different companies, but by and large, when you dip by a penny stock that's down 40 or 50% no matter the news, even if the news is terrible.
Starting point is 00:15:22 Like I've dip bought penny stocks where like the FBI have rated the company. And I've bought the dip because get this, even if the FBI raids the company, and the company's not necessarily out of business right away, and if there's enough promoters, the promoters want to bounce the stock. Because if the stock crashes all at once,
Starting point is 00:15:40 the promoters get investigated, they probably get locked up. So even terrible companies, like scams, I will dip by. I do blog posts. I wrote like why I invested $50,000 into the scam and people are like, what are you talking about? What are you talking about? What are you talking about? What are you talking about?
Starting point is 00:15:57 Because again, I'm not in it for the long term. So I usually hold for a few hours, maybe a few days max. But if a stock is down enough and this, you know, really works with penny stocks, but it works with cryptos too, I hear. I don't trade cryptos. Sorry. If you think that you're talking to me on like WhatsApp or LinkedIn or Telegram, I'm not on any of those. There's so many crypto scams. But the point is you're buying a recently hot asset where there is some momentum or some promotion going on and you buy the panic and it usually can bounce 10, 20, 30% in a few minutes, hours or days.
Starting point is 00:16:26 Then I lock it in over and over and over again. And guess what, if there is no bounce, rule number one, I cut losses quickly. So it's very meticulous trading. Most people don't do that. Most people are like, I heard a tip. Oh my god, instinct. Oh, this is my lucky number.
Starting point is 00:16:41 If you try to rely on luck, you're not gonna succeed. You need to find a strategy where you win more times than not. This is like you investing in so many businesses. You have a formula that has worked over the years. So every time you go in, right? Like when you're dealing with animals, you're using your own experience. So I'm using my 20th-lust years of trading experience on every trade. That gives me an advantage. So I always say to people that want to gamble on Blackjack or backrad or Pygo or slot machines, I say Las Vegas and all these casinos were built based on people's feelings, their intuitions.
Starting point is 00:17:14 So I say that the canal of the Venetian, it's all water. I say those are people's tears from gamblers who have lost and they're crying into the Venetian canal. The Venetian has the Palazzo and two more towers The win has the encore, you know why? Because they kept making money Caesar's palace has multiple towers M.J.M. as multiple towers Bellagio's multiple towers every major property is multiple towers not because people can win a gambling I am a high-stake gambler. I just place short periods of time very calculated and if I have any emotion to it
Starting point is 00:17:44 I stop Because if you once you have any emotion to it, I stop. Because once you have emotion to it or a feeling, and if my friends come there and they're like, oh no, do this, like stay on 16, I'm like, I don't have emotion to this. Oh, let's split these sevens here, I'm like, I don't have emotion to this. Once you start thinking about it too much and you rely on lock or superstition, again, sometimes you do win, and then you learn the wrong lesson, you're like, oh, science data, it doesn't apply to me. My mom told me I'm special too. I say no, your mom was a liar, okay? You're not special. You, me, everybody, we're the average and you might get lucky every now and then but you can't build any Sustainable wealth or sustainable business off luck. So you, you know, high stakes gambling you go in for a short period of time.
Starting point is 00:18:23 Me, high stakes penny stock trading. I'm very meticulous. I go in for a short period of time. Me, high-stakes penny stock trading, I'm very meticulous, I go in for short periods of time, because that's more predictable. I don't know what a stock is gonna do over a month, over a year, over five years, or a sector for that matter, right? Like, you know, what happened with the whole metaverse? Like, everyone invested so much into NFTs
Starting point is 00:18:38 and the metaverse all crashed. It's still gonna come back. I still think there's technological promise, but you can't rely on something where there's no good odds. I like good odds in my favor. So the reason that I play short periods of time for gambling is the same reason that Cassino's wants you to play at least four hours or in your rewards and points. Over the course of four hours, it's mathematically impossible to win. Let's just make it simple. Let's say Timothy and I were flipping a quarter, but Timothy has 52 quarters and I to win. Let's just make it simple. Let's say Timothy and I were flipping a quarter,
Starting point is 00:19:06 but Timothy has 52 quarters and I have 48. Who's gonna win if we do that for the next four hours? Him, every time, because he has 52 quarters, I have 48 quarters. I literally can't win, because he's got four extra quarters. Now sometimes, I might get close to even, sometimes I might squeak out one win
Starting point is 00:19:21 of our flip heads versus tails, but mathematically over the course of four hours, Tim's gonna win win over and over and over and over because he's got 52 quarters at 48. Why does that matter? I'm playing a game like Blackjack where it's 52% versus 48%. We're playing a game like Roulette and people are like, oh, there's 35 numbers. There's also a green zero and a double zero. And so just those two little numbers when you take the math of 35 divided by two, there's next to four or five percent That the house wins over and over and over and over and over and so the reason I play short periods of time and people that are listening When your casino host says they want you to play for four hours
Starting point is 00:19:53 It's because you literally and mathematically and unequivocally cannot win. There is no motion to it It's just math and time so with a course of a thousand hands and if he's got 520 quarters. I have 480 quarters I can't win. Keep that in mind next time you guys go to Vegas, play for short sessions, or most importantly, play with a small amount of money, just like Tim said, with stock market, play with a small amount of money, have some fun until you learn the game. We talked a lot about making money.
Starting point is 00:20:18 Let's talk about the investing side. Outside of investing in the stock market, are there things that you like to invest in too, and what would make you excited since you do so well in the stock market, are there things that you'd like to invest into and what wouldn't make you excited since you do so well in the stock market, what would make you want to invest into real estate or a company or startup, et cetera? Yeah, again, it's getting odds on your side or where you have some kind of edge. Like, you know, for me, like I invest in other,
Starting point is 00:20:38 you know, stock market-related info products because I know the game, like I know, okay, this is a good quality product. This is what like consumers need. For me, I'm not gonna really invest outside my expertise because I have no edge. And then again, it's just, you're just gambling. You can't gamble and succeed.
Starting point is 00:20:58 I know people want that. They love the feeling. They love the thrill of it. But if you have the odds in your favor, even if it's just by a little bit, it might not be exciting, but it pays more over time. And that's not to say that you win all the time. Like I wanted to mention with casinos, you'd think like, wow, I should just invest in casinos.
Starting point is 00:21:13 They win every time. If there's too many people that, you know, don't gamble, like, you know, during COVID or something, right? The casinos lose money because they have basic costs and, you know, most businesses do. So it's not like a surefire way to make money but the odds are on your side. You need to find... That's horse. Can they hear that? That's okay.
Starting point is 00:21:35 No, no, I wanted them to hear it. There we have like crazy things. There's a bunch of horses in the background. There's horses in the background. It's cool. The point is that like you have to get experience to find, for me, the dip buying penny stock patterns, I've been doing this 20 plus years, I know it inside and out,
Starting point is 00:21:49 I know what a good bounce will look like, I know what a bad bounce will look like. Again, I still can lose on any trade, but I use my experience. You're using your experience, you don't know, you're dealing with wildlife, anything can happen, wild animals, but you're using your experience to lessen your risk
Starting point is 00:22:05 and like you're seeing, okay, this is what has worked, like how many times have you picked up a snake before? And now you know how to pick up a snake versus me, I just saw the snakes in the other room and I'm like, yo, I don't know what she's poisonous, I have no idea, I just assume the worst. I always say assume the worst every time and this is a cynical way of looking at it,
Starting point is 00:22:23 but if you know 90% of traders lose, like most investors lose like just just be extra safe I don't think that you can be too safe too many people like the risk they like the action like oh I don't know which snake is poisonous. Let me pick up all of them like that's not good You know that's how like you've been bitten, but you know what you're doing how long have you worked with animals? My whole life 23 years right? Like you've been bitten, but you know what you're doing. How long have you worked with animals? My whole life. 23 years. Right?
Starting point is 00:22:48 So you have a lot of experience. So, you know, if you were betting on me or him, like, who's going to handle snakes better? Right? Like, why would you bet on me? I'm all right. I'm all right. Right? That's a good bet. And again, I might get lucky.
Starting point is 00:23:01 There might be like some crazy snake that, like, doesn't like tarzan or something So it's not like a hundred percent But the odds would favor him doing better. So you need to find Games industries investments with odds in your favor and just little odds can really add up over time It can stack up over time like gyms make money over time because they know 90% of their people are not gonna go to the gym They know it, but people are still paying. Same thing with me, although I'm not happy
Starting point is 00:23:28 when my students don't study. So a lot of what I post is I try to get people to study. Like I have tweets, I have videos, I have photos. I'm like just put in the time, I'm like a glorified history teacher trying to teach students to learn from history. And they're like, oh, I don't wanna watch a video lesson or DVD from eight years ago. I just want hot picks now, but I'm like,
Starting point is 00:23:46 if I'm a history teacher and I'm studying different empires of the past, you study like the Egyptian Empire, the Byzantine Empire, the Roman Empire, you know? That way you can then learn, okay, this is what it takes to have an empire, and then you apply that in the future. Obviously, every empire is different, every time is different, but the more you study your past, the better prepared you are.
Starting point is 00:24:05 So it's good that you have experience with animals, but if you can study too, right? Like if you can learn from other people, you know, you haven't necessarily visited every country in the world or dealt with every animal in the world. If you're looking to deal with a new animal, what are you gonna do? You're gonna go on YouTube, you're gonna see
Starting point is 00:24:19 what some expert does with this animal. Like, we can learn so much online these days. Like, this is the most unique time in history. Like, we're filming this in a freaking van. Do they know what the studio looks like? Right? Like this is crazy. In a few years ago, a few decades ago, this wasn't possible. Now every single person watching or listening can learn from wherever they are in the world. But you have to put in the time. That's the number one thing. How do we get people motivated to want to learn, to want to study, to want to better themselves? Because it is possible.
Starting point is 00:24:49 That's why I show off my millionaire students. I'm like, look at this. These are just average guys. Some people are like, oh, they're hired actors. I was like, no offense to my students, but like I would have hired better actors if they were actors. They're not. They're just real people.
Starting point is 00:25:01 Half of them can't even talk. You know, it's like Rainman. But it's fine. They studied, they put in the time they deserve the success So we can just motivate people push them more So what would you say that the masses that most of will do wrong when it comes to investing the stock market? I mean we don't have enough time for everything that would they do wrong, but again, it's it's wanting action It's trying to follow other people.
Starting point is 00:25:25 Like, you know, you might hear somebody else is successful, so you try to just copy them. You know, you get like these hot picks, like even if I had a hot pick from somebody. And let's say it worked, I'm still gonna always be reliant on them, which is bad. I don't want that. You should study so much that you're self-sufficient.
Starting point is 00:25:41 What if, let's say you find someone who's successful, and they have hot picks like during COVID, you know, anybody thought they could be successful. They're all these like new gurus. And the people are like, psychs, you're just a boomer, you're old, you don't get the new world. This time it's different
Starting point is 00:25:55 of the foremost expensive words in the English language. This time it's different. This time it's different. Experience doesn't matter, you don't get a boomer. And I'm like, okay, I mean, they've said this to Warren Buffett, too, during, he has periods of underperformance, where like when tech is bubbling up,
Starting point is 00:26:11 he's like, I don't understand it. Warren Buffett succeeds in the long run. So don't follow like these new trends. Try to ride them if you can, but don't expect these new trends to stay in favor all the time. Don't follow anybody else. Learn from others, by all means,
Starting point is 00:26:25 like use their guidance lessons, like same thing with me, like use my lessons to help build your own process. But you gotta be self-sufficient. I'm a big believer in self-sufficiency. I don't care how much money like your broker or mutual fund manager might make you, you're not learning.
Starting point is 00:26:41 For me, it's not just about the money that I make, it's the process by which I make it. Like my students who have made For me, it's not just about the money that I make. It's the process by which I make it. Like, my students who have made a million, that's cool, but a million dollars doesn't go very far anymore. But the process of turning 5,000 into a million, that process is where the value is. The million is just the byproduct. And my students now who have made 5, 10, 15 million, they're using the same process that they did to make their first million and just using it with bigger size. So you got a really fine tune your process,
Starting point is 00:27:08 which most people don't want to do because it takes time. So, someone's off there living in Alabama, Arkansas, and they're serving their first $5,000 in the stock market. And they buy one stock and it goes up 30% to 40%. How do they decide, like, when am I supposed to sell, when do I take profits, what the heck is dollar cost average? Like, when do I, if I just want to put some money
Starting point is 00:27:31 in the stock market, I'm not trying to day trade, I just live in Alabama or Arkansas, and I just want to put some money in stock market. Why do you say Alabama or Arkansas? I'm just picking up two random states. I mean, the summer's next. Yeah, right? They're like right next to each other too.
Starting point is 00:27:43 Listen, I never go into a trade or investment without a plan. Like, you know, a lot of people do. They just want a ride AI, they want to buy an NFT, they just want to like dip their toes in. So they don't know if a stock is up or an NFT is up, they're just like, oh, I'm experiencing it for the first time. I'm enjoying the ride. There's no different than like going to the movies and buying some popcorn and watching the movie.
Starting point is 00:28:03 If you're in a trade, if you're in an investment, you're not just a bystander. Like this is your money, you should have a plan. So whenever I put my money into anything, even though I'm trading for charity, so technically it doesn't matter to me either way. I want to donate more to charity, and I want to show good planning and good discipline. So if I'm going to stock, my usual goal is to make 15, 20, 25% versus my loss. If I'm wrong on that stock, I want to lose one, two, three, four percent. So my risk reward is five to one, six to one, seven to one.
Starting point is 00:28:34 So there's much more upside. I don't know how to make 100% or 200%. I have no patience whatsoever. I've been in probably, I don't know, maybe a thousand trades that have gone up a thousand percent and I take like 20%. This is number one problem that I have. I'm very good at this small stuff. And this is how I've turned a few thousand
Starting point is 00:28:51 to a few million now several times. I don't know how to go big. I don't know how to have patients. But I will say if you are a big, it's usually good just to lock some in along the way. I know a lot of crypto people, they held all the way up, they're holding all the way down.
Starting point is 00:29:04 And I'm like, just take some profits. I know a lot of crypto people, they held all the way up, they're holding all the way down, and I'm like, just take some profits. I know holdling is like the big thing, but what if you just lock in a third? What if you lock in half? When it goes up too much? That's what I think. All right, so we talked about making money,
Starting point is 00:29:18 we talked a bit about investing money. Let's talk about our third and most important topic to you because you've built now 115 schools. Talked us about Carmagawa, why'd you do it? How did it happen? Walk us through all of it. Yeah, so like I said, for teaching purposes, it's good for me to go back to a small account
Starting point is 00:29:33 because most of my students have a thousand, two thousand, three thousand dollars to their name. So it does me no good. Like if I'm trading with a million dollars, there's a lot of traders on Twitter and stuff. They trade with a million and they're like, made 20K today, but they're betting like 800,000. So if you tried to do what they did with a small account,
Starting point is 00:29:49 hey, you wouldn't make it, be, you don't learn anything, it's just bragging. So I trade with a small account, it's better for me, I'm traveling all the time, I just flew in from Japan, came right from the airport, here for a day, flying back to Bali, right? So for me, I needed to find something that works for me, where trading with a small account is boring.
Starting point is 00:30:07 Like, I understand many people have a small account, like that's all the money they have, like they should take care of it. I could trade with millions, I could trade with like 10 plus million if I wanted to. But I have to trade small for my students. So now, how do I stay like motivated, right? Donating all my trading profits to charity
Starting point is 00:30:23 makes it more fulfilling. The adrenaline rush has gone. You lose the adrenaline rush, you've lost the adrenaline rush with companies that's just like dollars, like odds, you wanna do the right thing. The adrenaline rush from profits or trading or gambling will fade over time.
Starting point is 00:30:37 You need to find something that makes it meaningful. So as I've been traveling more and more, I've been to over a hundred countries, there's only so many luxury pools and like, you know, mojitos and pina coladas that you can have before you're like, what else is there, right? Like we're in South Africa together. We're at staying at some beautiful places, but let's help like the locals. Let's help the animals. So, started getting into charity, you know, I'm big into education, so it was a natural fit to build a school. If I build one school, I build two schools.
Starting point is 00:31:05 Let's build more schools. So we're building schools all over. I'm donating the training profits. We have this charity merch. Can they see this? Or is this video too? He's wearing the charity merch. I'm wearing the charity merch,
Starting point is 00:31:15 we'll get you some. We'll get you some. This is the new stuff. So this, I just came from Japan. This is made in Japan. Feel all soft. This is recycled materials. Right?
Starting point is 00:31:24 This is recycled materials. My partner, bad boy. He's a photographer,, feel how soft this is. This is recycled materials. Let's go. This is recycled materials. My partner, bad boy, he's a photographer, great man, great designer. He designed this. So this is actually like make peace not war. This is going to help like the victims of war and like Yemen, Ukraine, Afghanistan. This is to help the animals fittingly enough.
Starting point is 00:31:42 You know, we now support over a hundred different charities. We've donated eight plus million, but between the trading profits, between the charity, merch, between, we have a few documentaries, it makes it all meaningful. I'm so pumped. You don't get a lot of sleep
Starting point is 00:31:55 because you're like a businessman, right? You're like Dr. Evil, you're like, always thinking, and you love that stuff. You don't sleep because you're loving the animals. I don't sleep because I'm traveling, I teaching I'm trading I'm doing what I love We've all found what we loved and that's why you know frankly we're all living in the dream life But giving back no matter what you love if you can donate some of your profits like money goes so far And especially in third world countries like I'm flying to Bali like I said we're building homes now
Starting point is 00:32:23 $2,500 per home for families who are basically living in tents. We're going to Turkey, we donated, you know, roughly $300,000 to the Turkey and Syria earthquake victims. 250,000 buildings collapsed in Turkey, right? Like, it's 250,000 buildings. Like, it's not just like two buildings, 200,000, like the whole country really got hit hard. And the government doesn't have money,
Starting point is 00:32:49 so you have three million people living in tents right now. And it's not like, oh, let's just live in tents until they rebuild. There's no rebuilding, because there's no money. So once you start looking at the world and you start traveling again, I like luxury, I like relaxing, I was just in a beautiful spot in Japan for a little bit
Starting point is 00:33:05 But then you go out and you see where money can really help people and help animals and we're also destroying the planet Like the reason why we make this out of sustainable like recycled materials fast fashion is destroying the world I know everyone loves tagging like aloe and fashion Nova and you know all this like what is it a she-in? I don't know. Have you looked at she-in? This, you should look at she-in. This is like a hundred billion dollar Chinese company that popped up out of the blue. And they like crap on all these other, like,
Starting point is 00:33:34 fast fashion companies. They're releasing what 900 new dresses like every day. And the dresses are like $15 or $20. But fast fashion might be cheap for the consumer, but it comes at a cost for the planet. Like the way that fashion is made fast fashion, it's terrible for the planet. So there's always a cost somewhere.
Starting point is 00:33:52 So when you travel more, when you learn more, even if you can't travel, like look at this stuff up on the internet. Like you can see it, you don't have to use me as a resource. Once you start seeing this, you're like, how do I help? You know, don't buy this fast fashion crap. Don't use as much plastic as you used to. There's different things that
Starting point is 00:34:10 we can do to make this world better. But the best thing that you can do is get rich, because then you can really use your wealth to give back and affect a lot of change. Tarzan, talk to us about the experience when you went out and traveled to them. Well, I've been dying to talk to Tim on a podcast for years. So I think guys, no, I did my first real trip across the pond with Tim. I went to Lake South America, Central America. And then I met with Tim one day on South Beach.
Starting point is 00:34:37 He said, dude, I want to go to Africa. I want to go to Australia. And we did our Save the Reef campaign. Carmigaw would campaign over there for anti-potion of rhinos and helping to rise amongst the craftmanor. It was just so beautiful, man, to be able to see someone so passionate about animals, also about the stock market and finances.
Starting point is 00:34:55 Be so well versed in such a wide variety of different things and bring everybody together. You bought like, I don't know, like eight, 10 influencers together, but two guys were camera guys, one guy is a drone guy, you know, a Matt does a photography, you know, me and Kelp did the animals, we had a couple other models that had a sustainability, so it was really good to see Tim put everything together
Starting point is 00:35:16 and make it flow, you know? And then the best part about it is our documentary went viral, you know, I think 30 million views, you know, raised over a million dollars. This is probably, it was the coolest thing ever. And one thing I'm still so proud of to this day that I always, you know, represent the Carmel Gowr merch because it's actually something that's,
Starting point is 00:35:36 it's new, it's modern, it's changing the world, you know, with young people wanting to make the earth a better place, you know, doing eco-friendly merch, you know, and stuff like that, putting it out there. I've seen that they're like, dumping fast, fashion, and a mill of desert. There's like mountains and mountains of sweaters, shorts, socks, dresses, just living in a desert
Starting point is 00:35:56 because they just dump it out there. There's nowhere else to put it, you know? So it's cool to learn, you know, from someone like Tim who believes in us young guys, and to bring us around the world and get to work. Something we're passionate about. I think my first dive in the Great Barrier reef with Tim. My first time ever in Australia. Just, oh man, I still think of, I get goosebumps thinking about it. And since we came back from Africa, I've been five more times. I just
Starting point is 00:36:21 got back from Australia again for a month over there. So it's really good to go back to these places and circle bags, hang out with our originals, hang out with the locals in Africa, all around from South Africa, all the way to Egypt. It's just, that's amazing man. So I really, everybody to really support the messages that Carmagau will save the reef, pencil to promise you're doing.
Starting point is 00:36:40 And it's something I really stand by, you know, and I love. What is the website for it or working there watching the YouTube, like tell us some of the sites that people can actually go look at these things. Well, Carmigawa.org. Yeah, Carmigawa.org and Carmigawa.com. We have different stuff on different websites,
Starting point is 00:36:54 whether it's the merch or the documentaries. The Save the Reef documentary is called 50 Minutes to Save the World by Amir. You know, we brought him. We're supposed to just do a five minute little video about the reef, but we saw so much destruction of the core reefs, and we don't realize, like, you know, we brought him. We're supposed to just do a five minute little video about the reef, but we saw so much destruction of coral reefs, and we don't realize, like, people say, oh, we want to save the trees,
Starting point is 00:37:10 we don't realize that there's more underwater trees than overwater trees, like underwater trees are actually even more important, and we're destroying the coral reefs in so many different ways, and you can help just by, like, using the right sun tan lotion, like, there's certain chemicals in sun tan lotion that shouldn't be used on core reefs.
Starting point is 00:37:26 It kills all the marine life and that's eventually gonna kill us. So it's like a younger generation through social media, whether you watch the documentary on YouTube, it's called The War Against Poaching by Sam Coulter, another videographer who we brought out and that's on YouTube, that one got,
Starting point is 00:37:42 that one got 30 million views on Instagram. Save the Reef got 15 million views on YouTube, that one got, you know, that one got 30 million views on Instagram, Save the Reef got 15 million views on YouTube because also Aquaman, Jason Momoa promoted it too. So we're getting influencers, we're getting celebrities, really just to spread awareness because like money is nice, like building schools, building homes, but a lot of what we're doing to animals in the environment, it's just due to irresponsible, like ignorance. We don't know, like what we're doing because we don't realize, again, the long-term implications, right? People need to understand what we do today, what we do in a month, what we do in a year,
Starting point is 00:38:13 all of that affects future generations. People don't want to think about it and it's the same thing with your education. What you do today this week, this month, will affect what your life is like in 20, 28, 20, 30. So everyone just needs perspective. And I really think if you start planning for the future, you'll be shocked at what you can accomplish
Starting point is 00:38:30 like faster than you realize, even though it does take time, right, like changing your ways, using less plastic, helping animals, like you're not gonna see an overnight immediate benefit, but over the years, like if, you know, every person did their part, you would see change. Same thing with your financial education. If you put in an hour, two hours of studying every day, you're not gonna see any benefits right away,
Starting point is 00:38:50 but two, three, four, five years from now is gonna be night and day. That's what people need to see. Our first year with the toy drive, there was eight of us sitting on the floor, wrapping toys. Our second year, there was 20-ish, 30-ish, 30-ish. And now we just did the World's Largest Toy Drive
Starting point is 00:39:04 because math and time just compounds. Every year, just more 20-ish, 30-ish, 30-ish. And now we just did the World's Largest Toy Drive because math and time just compounds. Every year, you just more people want to volunteer, more kids are showing up, more people are supporting, more people are donating. When you tell you 115 schools, that's a lot. Like you say it casually, that's a lot. Like 36,000 students every day, go to school right now in our schools.
Starting point is 00:39:21 But the goal is to build a thousand plus. And it's, I like compounding because you can compound like your own income, you can compound your growth, especially in social media. Like, you know, Carmigau has 1.5 million followers. Grue huge with these documentaries, with people sharing. But it's very difficult to compound like, you know, every home takes the same amount of time to build. We're trying new techniques. We built a school actually in Madagascar using 3D printing, which was crazy. Our average school cost around $35,000. The Madagascar school costs $180,000. Why would you spend so much? Because you're using a new technology. It's not efficient right now. It's not, you know, very good, cost-wise, but trying this new technology, we basically ship this giant 3D printer.
Starting point is 00:40:06 It's like the size of this van, and it goes around and it prints everything, and it's like liquid cement, and it solidifies. So it takes basically two days to print a school from scratch. But you have to get the printer there, and Madagascar is like a 12 hour drive from the airport. The printer got damaged on the way, from the 12 hours, and then there's another 12 hours,
Starting point is 00:40:24 and then come back. It was, here's a whole mess. But at the same time, new technology takes a while. Same thing with this, like if you're trying to learn to make money, it's not gonna be a fun process in the beginning. I had a student the other day, being like, Tim, like it's been six months, I'm studying, but I'm not having fun.
Starting point is 00:40:38 And I'm like, yeah, no, no craft, like it's not fun, but you get to have fun after a while, because then you can learn, you be self-sufficiency, self-sufficiency creates confidence, confidence creates happiness, expertise creates money, and income over time. That's when you get to have fun. The process is not fun.
Starting point is 00:40:57 The process of you getting jacked, like you're waking up at four or five in the morning, that's not fun. Some people like that, they're sick in their minds. Like the process of trying to save an animal, a whole species from being endangered. Like it's not fun in the beginning, but it's rewarding.
Starting point is 00:41:11 The process of building a business in the beginning, when you're just putting like the foundation and like everything can go wrong when you have a startup. Anything and everything, I bet you have so many horror stories, right? But then when you succeed, the ups are great. Like the sweet isn't as sweet without the sour. So people need to go through the grind. You need to find what
Starting point is 00:41:30 you love, focus on it, go through the ups and the downs, keep going, understand that it's always going to be messy. Nothing is perfect. But over time, when you do succeed, you're going to remember those downs. You're going to remember those pits. Like when I lost $500,000 when I first invested, right? And I had no rules. Press ripped me a new one because I was on TV. I hated it. For the first few months, it sucked. Now I look back and say that was one
Starting point is 00:41:56 of the best experiences of my life. I've never had another $500,000 loss. I've learned to respect the press. I'm not the cocky dumb kid that I was. I deserve that loss. And it made me a better trader, it made me a better investor, and it made me a better teacher. If you don't have losses, if you don't have mistakes, if you don't have horror stories,
Starting point is 00:42:13 you don't have the full perspective. You're due for a loss. Like, I'm always worried about people. They're like, I don't need any big losses. I don't need that. I'm learning from you. I'm like, you need that emotional scarring so that you remember what not to do. That's all part of your journey.
Starting point is 00:42:28 You won't be truly successful until you have that emotional scarring. I'm not saying you have to lose $500,000, but understand that you will make mistakes no matter how confident you are, no matter how well prepared you are, something won't go according to plan. Then it's a question of how will you deal with it
Starting point is 00:42:44 and how will you come back from it? Last question, why do you think that individuals, businesses or brands should incorporate charity into their lives each year? Ooh, I mean, charity has changed my life. Like before this, I was just all money. Like I had all my dream cars. I bought like a Rolls Royce or Ferrari,
Starting point is 00:43:03 McLaren, two Lambos. My second Lambo, and the sound's bad. My second Lambo was one of my worst days ever. The second Lambo getting delivered. First Lambo, I'm like, yeah, child of dream, I'm the man. Second Lambo, I'm like, I feel nothing. Do I have cancer? I did a $10,000 cancer test that day. I was like, what's wrong with me? It just didn't motivate me anymore. So for me, I had to, again, fulfill my childhood dream. There's nothing wrong with wanting luxury or material goods. But once you have it, I think that you'll find that it gets old very quickly and you want more. There's a lot of unhappy rich people out there because
Starting point is 00:43:39 they're just focused on their bank account, focused on luxury. They're focused on what they think they want. But then when they get it, it's not necessarily gonna make them happy. So, why should individuals, why should businesses give back? I think that it's gonna unlock a whole new, just a whole new world for everybody. Like all these new feelings, new inspiration.
Starting point is 00:43:58 I get pumped now when I donate, when I make a trade, because I know I'm gonna donate that, when we do a documentary film, and it gets the word out, for our Rhino poaching video, it's actually amazing. We get, I manage the social media for Carmigau, I'm obsessed with that, I'm like a micromanager. So I'm looking at the DMs.
Starting point is 00:44:17 When this Rhino video started hitting, we got this one message from this inner city teacher in Chicago, and she's like, I mean, these are inner city kids, Chicago, not the nicest place, like very dangerous place. And she's like, she left like a little voice message. And she's like, she mispronounced it. She's like, karma waga.
Starting point is 00:44:34 I don't know what you guys do. Karma gala, by the way, gala means to do what to make and to gala. Matt, my partner is Filipino. So we're making good karma. So it's karma gala, not karma waga. But she's that, you know know she doesn't know right? She's like leaves a little DM with her voice saying like oh karma waga
Starting point is 00:44:49 I don't know what you guys do, but five of my students change their class topic like they have a class project to rhinos And these are inner city kids in Chicago. They're never gonna see a rhino most likely But they started to care and we unlock something so So whatever it is, whether it's animals, whether it's the environment, whether it's building homes, building schools, donating food at your local food bank, toys to kids in need, there's so many different issues around the world, or even when there's an emergency, when it's turkey and Syria, or Yemen or Afghanistan,
Starting point is 00:45:23 some people say, oh, only help America, help everybody. We're all on the same planet together, we're all connected. Some people are like, oh, that country deserves it. They're not right. Everyone needs a little help, and we should all try to help each other. I think that you'll be very fulfilled. And it's actually, forget just the feelings. It's good business, because it shows that you're not like these evil companies.
Starting point is 00:45:45 There's so many evil companies that don't do any charity and they're destroying the world. And they might be making big profits, but they're gradually turning their customer base off because people can see if like you're evil. People can see if you're like evil in NFTs, like there are people who made a lot of money and NFTs are crypto, but they burned everybody.
Starting point is 00:46:01 Their careers are dead. People don't forget that. Don't burn people, don't be a bastard, don't be evil. Give back and people will come to you. Like my business has grown when people see that I'm donating all my trading profits. Nobody else in the trading world, like does that. The only people that don't like it are like,
Starting point is 00:46:18 you know, my former New York banker friends and now their girlfriends or wives, like follow Carmagawa. And every time we have a new post, they send them to their husband or a boy friend. They like, don't do this. And they're like, damn stop, stop doing this. I'm like, you know, don't anymore. There's so many rich people out there who can really do so good like so much good out there. And it just it takes awareness and a little motivation. Try one school, try one home, try saving one animal, try not even money. Even if you don't have a lot of money, you can donate your time, volunteer at your local
Starting point is 00:46:50 food bank. There's so much you can do. That's literally why one third of our podcast is about charity, because we want those rich people out there to donate. We want people that can't afford it to donate their time, energy, social media power. Social media shares help a lot, right? Even if you have no money whatsoever, let's say you're broke, you're grinding, that's fine, we all start somewhere, but you can share. Even if you have like, oh, people are like, oh, I only have 30 followers, that's fine.
Starting point is 00:47:11 Every share helps spreading awareness. And this is the beauty of social media, this is the beauty of this technology. Hopefully this, you know, podcasts will be listened to millions of times. And if we can reach, like, some people say, like, if I could reach one people, like, I don't want to reach one person. I want to reach like 10,000 people at one time
Starting point is 00:47:28 Imagine if 10,000 people all donated $10 to whatever their favorite charity is right now one podcast a hundred thousand dollars to a good cause Well millions of people are going to listen to this episode. We're number four in the world today So thank you guys for listening and sharing Tarzan tell us a quick story about your trip to Giraffe Manor with Timothy and why you're building your own version of Giraffe Manor here at Blackside Ranch. Okay, so the first time I got to Africa, South Africa, we flew in Cape Town and we drove over to Kenya and we got to Giraffe Manor and actually all the giraffes were going out to the field to go to sleep for the night and the warththogs came up to moan and poomba, you know, lying king.
Starting point is 00:48:07 So we're feeding them little pellets and they're getting close. And like I went down a touch warning and like, you got real close. And it spooked me so bad because like I got inches away. I finally touched it and just, you know, a little put his tusk up and it freaked me out. And I was like, oh, that was great. And he scarred up into the bushes and then next morning, maybe like what, six a.m. They start coming onto your window. I wake up and I go downstairs.
Starting point is 00:48:31 I could even wait for the kind of my window. I just saw them come from a distance. I said, I wanna see these guys come up. And they had to release one of the babies. Came out, so I saw a six foot baby coming. And he's all galloping, right? In a little front area. And he's like, got the zoomies and just to see like a little
Starting point is 00:48:46 six foot giraffe have zoomies, you know, it's just like the cutest thing you can ever think of in your entire life. You know, that we spent Thanksgiving there. Okay, Thanksgiving dinner there. So I was one of my first time spending away from my family in the States and I was with my new family out in Carmigau.
Starting point is 00:49:01 And that was cool, man. It was one of the best feelings ever. You eat French toast and giraffes just sticking their heads in the window and like trying to that was cool, man. It was one of the best feelings ever. You eat French toasts and giraffes just sticking their heads in the window. And like trying to, you know, eat off your plate and giving you kisses. It's awesome, man. It's super historic.
Starting point is 00:49:13 And that's one thing that we're gonna do here is we have a rescue giraffe. We're gonna be getting toon. And I will build a big, huge area for it here in Temecula, California, that wild jungle. And you'll be able to go, you know, have a Airbnb experience each of breakfast. And I'll to go, have Airbnb experience, eat your breakfast, and see a rescue giraffe come hang out at your balcony.
Starting point is 00:49:29 It'll be pretty cool. Tim, in the world of chaos, what's your last words for people as we go through in the media, talking about recessions and craziness and stock market and economy and blah, blah, blah, blah, they're hearing all these things. How do people stay calm in the chaos?
Starting point is 00:49:42 Yeah, I mean, there's always gonna be be fear driven media that's how they make money you know they don't have as much Donald Trump as they used to to to entertain people so like you know the fear is going to be exaggerated the hype is going to be exaggerated you have to realize like what drives mania what drives social media you got to cut through all that bs and you need to again, what makes you happy find your lane and Recognize that all the chaos all the fear creates opportunity, right like when prices are depressed again If the media is ripping on like a sector if they're ripping on you know NFTs they can still come back Let's not forget, you know for all the hate with Bitcoin and again I'm not a fan of all the crypto scammers. There's so many scams out there.
Starting point is 00:50:25 But for all the hate, Bitcoin has been the single best performing asset, not just for a year, but for the past decade, right? Same thing with like gold, where a lot of people are like, oh, gold is amazing, you have all these gold bugs. Gold as an asset over decades has sucked. It's absolutely sucked. And so you have all these people, you know,
Starting point is 00:50:44 spouting all these narratives But we now have data right so you can cut through all the narratives and you just focus on the data Be like oh everyone hates Bitcoin. Well, why is it the single best performing asset in the past decade? Everyone thinks that the US dollar is going to crap and everyone should buy gold Well, the US dollar has still appreciated compared to gold like stop believing BS. Start researching more. Use all these tools. Like, we have all these new tools that are being built every single day. And people don't realize it. Now with AI, everything is going
Starting point is 00:51:15 to explode because you have all this new technology. Again, that's compounding. The first, like, you know, layer of technology, the internet, fantastic, but it keeps getting better. Now AI can speed everything up. So the next few years are going to be incredible. Forget the fear, forget, you know, all the people who are negative, like, I always say like, we'd negative toxic people out of your life. Because they'll always hold you back.
Starting point is 00:51:36 That's just their perspective. Maybe they had a bad childhood, maybe they're in a bad relationship, maybe they lost all their money. And so they're like spouting that negativity and projecting it on you. Don't don't give into that. I've had a fantastic life. You've had a fantastic life. You've had a fantastic life and it's just beginning. If you stay positive, if you find what you love and if you're very meticulous and opportunistic,
Starting point is 00:51:58 understand the fear is never going to go away. You can't be like, stop spouting fear and the fear mongers are gonna be like, okay, I'll stop. That'll never happen. They'll do what they do. The world will do what it does, but you have an opportunity to a, become very wealthy, b, become very self-sufficient, and c, become very happy.
Starting point is 00:52:18 Because happiness is created from freedom, wealth, giving back, and like having good relationships. So I'm a positive guy, and I'm very excited in the next few years. The hardest workers, those who study and use these new tools, not who are scared of them, they will benefit the most. You don't have to listen to this, right?
Starting point is 00:52:36 Like you can be fear-based, you can live in, you know, a small world, just spout your little conspiracy theories and be miserable. There's people like that. Or you can take advantage, be open-minded, and really capitalize. It's up to you.
Starting point is 00:52:50 Ladies and gentlemen, you have just listened to Timothy Sykes here on the Money Monday's. Make sure to follow him across all social media platforms. It's at Timothy Sykes. It's also important. If you want to learn about the stock market, definitely check out his courses. If you want to go to his live events.
Starting point is 00:53:03 But most importantly, most passionately to me is what he's done with Carmagawa, 115 schools and growing. So check out the real tires and check out some of these bikes and we have one favorite request for you guys every single week. We all grew up thinking it's rude to talk about money. We think it's rude to not talk about money
Starting point is 00:53:17 because that's why we're in a lot of these economic crises and a lot of reasons that people go into debt is they don't know about salaries and rents and apartments and leases and they don't know anything about stocks, et cetera, because we just don't talk about it because it was rude. So we think it's rude to not talk about money so it's your job to share podcasts like this,
Starting point is 00:53:33 talk with your friends, talk with your staff, talk with your family, et cetera, about money. Convited us at themoneymundays.com, share us on the podcast, and we'll see you guys next Monday. We'll see you guys next Monday.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.