Involving Families in the Investment Journey

In the latest episode of 'No Prep Needed Adrienne Barker Speaks,' host Adrienne Barker sat down with financial educator Chasity Sandidge to discuss stock market trading, simplifying complex concepts for beginners, and providing personalized trading strategies. Chasity's approach focuses on understanding individual lifestyles to tailor strategies that align with financial goals.
Here are three key takeaways from the episode:
1. Personalized Strategies: Chasity stresses the importance of understanding clients' lifestyles and goals to create personalized trading strategies. She emphasizes aligning trading practices with individual circumstances, guiding clients toward the most suitable approach.
2. Gradual Bitcoin Accumulation: Chasity suggests a gradual accumulation approach rather than immediate mining due to high energy consumption when discussing Bitcoin mining. She advises purchasing small amounts of Bitcoin through platforms like Coinbase, highlighting the significance of informed investment decisions.
3. Focus on Established Companies: Chasity recommends investing in established companies rather than penny stocks for more reliable returns. By choosing companies with a track record of success and a clear focus on value creation for investors, she advocates for a strategic and informed investment approach.
A standout quote from the episode by Chasity Sandidge resonates with her approach to simplifying stock market concepts: "I correlate that to that. And I put it on a twelve-year-old level. So, if my daughter can't understand it, an adult will not understand it. And that's how simple I make it."
Chasity's dedication to making stock market trading accessible and understandable is evident throughout the episode. By breaking down complex topics and relating them to everyday experiences, she empowers beginners to navigate the trading world confidently.
If you're interested in pursuing stock market trading but feel overwhelmed by its complexities, Chasity Sandidge's insightful guidance and personalized approach could unlock your trading potential tune into the full episode for more valuable insights and tips on navigating the world of financial markets.
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Hello, everyone. Okay, I think this is one, two,
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three, four, our fourth today. And I'm live with
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Chasity. Chasity, do I know you? No, we're just
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meeting for the first time. Yeah, that's right.
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You don't know me. And you're brave, bold, and
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beautiful. I mean, who does that? Who says yes
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to a live without even knowing the host? Did
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you Google me? I did not. Oh, so you didn't do
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any prep either. So neither of us did any prep?
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Nope. You can't even have a colonoscopy. You
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have to prep for that. All right, I want to hear,
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who are you? What's behind you? I love it. OK,
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so I want to hear. Tell us. Share, share, share,
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share. Chasity, I found you in the speakers group.
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And I was just like, let me try it out. I am
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not a pro at being in front of the camera, so
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everybody bear with me. This is me breaking those
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limits to be able to talk and get in front of
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other. People and this is like my second one.
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So I'm working on it I'm the CEO and I run KBB
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consoles and I teach people one -on -one how
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to trade the stock market Whoa Okay, I don't
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even have questions because I don't understand
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the stock market and I think I have so actually
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I do have a question for you. So this okay So
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first of all, let me just say you look beautiful.
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I love your voice. You could do a voiceover.
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You have a wonderful voice, Chasity. I'm going
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to admit this live. I think I have a math, what
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do you call it? Like a development issue with
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math. I'm not good with math. No, it's really,
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so my father would try here and there to say,
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okay, here's a stock market. I want you to learn
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it, but it doesn't absorb with me. So how do
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you work with someone like myself that doesn't
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have that side of the brain working correctly?
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break things down and make it relate to something
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that you're familiar with whether you like gardening
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whether you like shopping whatever it is you
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like I correlate that to that and I put it on
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a 12 year old level so I figure if my daughter
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can't understand it an adult will not understand
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it and that's how simple I make it my youngest
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student has been 12 my oldest has been 65 so
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You put yourself in that bracket of understanding.
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There's no limitations, not too soon and not
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too late. As long as you can read, I can help
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you. Oh my gosh. And what makes you love the
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stock market so much? And when did you start?
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Oh, I think we cut out for just a second. What
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is that? When did you love the stock market?
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Like first of all, are you a numbers person?
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Do you like math too? And then when did it start
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with you? I am a numbers person. I started out
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totally not here. This became about in doing
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COVID. I was looking for something else and I
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wanted to invest in myself, make some more money.
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And I was the question to myself was, what can
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I do to make money where I don't need a product?
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I don't need clients. I could do it from home
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and this this stuck out to me I can trade even
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though I teach I can trade from from anywhere
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Doing anything and make money pretty much out
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of thin air. I don't need people So that was
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that was the the light bulb for me. So I was
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just I was already working nine to five. That
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was still going good. But I was just like, I'm
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going to take this extra stillness money and
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put it to work. And that's what I did. I invested
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in learning some courses, meeting some people.
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I love the numbers game. And I just put my head
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down and really learned it. And once I started
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making money, I decided, well, let me tell some
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more people. I told my best friend. I taught
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her a little bit and she was at the gate. to
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$2 ,000, I was like, OK, I think I might know
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how to do this pretty good. That's what led me
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here. It was just trying to learn something new
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that I saw on social media. And so do you teach
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groups or one -on -one? What does that look like?
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It's groups. I prefer, and I think people learn
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better one -on -one. Groups are by choice. If
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I do a group session, it's over a larger topic
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where people don't have pressure, but I think
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people learn better one -on -one, and that's
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how I learned from my main mentor, which is one
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-on -one. It allows people to be more comfortable.
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It allows them to say, I don't know, I don't
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get it, and we can stay on certain topics without
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feeling rushed. Wow, I'm interested in this because
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I'm not sure if I would get it. So I want the
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challenge to learn. Where are you located? I'm
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located in Texas, a little city outside of Houston
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called Conroe. Oh, nice, nice. I drove through
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Texas. It was amazing. All the little towns,
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the ghost towns. Wow. Okay. So let's share your
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website, how people work with you, kind of the
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same, like the typical things, but we want to
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know that it's really important. And so if someone
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has my brain, we're not really great with math
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and have a hard time understanding the stock
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market. Chastity is for you. So tell us Chastity.
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I have a link. I can drop it in the group or
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after this call. It's a little hard to read,
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but it's kbdbconsults .com. But you can book
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a discovery call. My discovery calls are $7 for
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the. Cost of a cup of coffee, you can find out
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if this is right for you. I go through and talk
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to you. I don't let anybody buy my course or
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speak with me and let me trade with them until
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I know that your lifestyle is really set up for
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this. If you work a nine to five and you're on,
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you know, you can't use your phone or don't have
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internet, this might not be for you immediately
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for day trading. But there's something else you
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could do called swing trading. So I evaluate
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your lifestyle and see which strategy is going
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to work best for you. And even if it's not, you're
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just like, OK, you haven't lost anything. But
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you didn't invest $500 to $1 ,000 or something
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that's not going to work for you. I like to get
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to know you. Let's know your lifestyle. Let's
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know what your goals are. If your goal is, hey,
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I need an extra $100 a month or a day, this is
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something we can do. And we can scale out and
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make it individualized. Have you gotten in the
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Bitcoin mining craze? Yeah, I have people inside
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of my group that are way more advanced than me.
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So they let me know I usually dollar cost average.
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So I buy a dollar worth of Bitcoin each day.
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Let that accumulate. I'm not a minor yet, but
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I do have a friend that sells miners. So that's
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my next investment is to set up a solar system
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or generator where I can mine Bitcoin and it
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not affect my utility bill. I don't even know
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how to let me I'm so confused when you mine bitcoin,
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it takes a lot of electricity So instead of me
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running it in my home running up my utility bill
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I can use it on a generator or a solar power
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source where the sun will supply the energy and
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it won't cost me more money Okay, all right,
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so if I go into chat GPT and I say explain bitcoin
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no do i call what would i say explain mining
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to me like i'm a three -year -old i don't even
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like why would it take energy okay for my computer
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yeah so a bitcoin mining machine it's a computer
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set up with other machines and the computer mines
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it for you but it takes a lot of energy to do
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that so you're plugging the computer into a power
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source and those miners are running so there's
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like three or four miners that run like little
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machines. So you know those, the fan on your
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computer? So on your computer, that part. Your
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processors. Yeah. What am I mining? What would
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I even be? So when you do Bitcoin mining, the
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computer is completing calculated equations.
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They're mining the coin for you. That's pretty
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extreme. I'm not the expert on it So I don't
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I won't go into too much detail stock market
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is my my thing, but mining I would say if you
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just want to get into Bitcoin Just start, you
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know buying a little bit at a time. You can buy
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it in your cash app You can go on a different
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Different sites coin base and you can mine it
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there and then store it in your wallet So I would
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say, you know to start there don't go jumping
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into mining just start now just accumulating
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some Bitcoin All right. So here's the big question
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for Chasity that everyone wants to know. Ready?
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Yes. You wake up in the morning. What do you
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do first? First thing I do. Do you check in the
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stock market? Yes. Naturally. Do you brush your
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teeth first? Do you check and brush your teeth?
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What comes first? Stock market or brushing your
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teeth? I'll be honest, the first thing I do is
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go wake my daughter up for school. So she has
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about an hour to get ready for school before
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she gets on the bus. So my first thing, my alarm
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goes off. I go wake her up. I lay back down for
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another hour. I take her to the bus and then
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I lay back for another hour and then the market
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opens. So I'm kind of have a split sleep method.
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Once the stock market opens, I have a private
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group for my beginner students. So they're kind
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of in a nesting state. and while so I'm in there
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talking to them looking at the market beforehand
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giving them some updates on what's happening
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and then I look at the market you don't have
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to be in the stock market all day to make money
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there's about two or three times first in the
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morning between like 8 30 central so about 10
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o 'clock and you can make easily 30 40 percent
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return then go about the rest of your day that's
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crazy I can't even I can't even picture um okay
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so what if I said to you I just want to do the
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penny stock Is that something still existing?
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You told me you just wanted to do penny stock.
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I say you got a better chance investing in something
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else. Slow return because it is a penny stock.
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I like investing in companies that are already
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established where I know I'm going to get money,
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not just on the whim of a possibility. So that's
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why when you trade options, you know these companies
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are their only goal is to return value to their
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investors. So Walmart. Big corporate Tesla that's
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their goal is to make the stock go higher and
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control that so we're just trading off of that
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information Okay, that really does make a lot
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of sense. So thank you. Like I can't you know,
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i'm being so um Transparent that I I really never
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really understood it never could wrap my head
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around it But I I feel like it's 61. I it's probably
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time right to like even understand and especially
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if I was talking to my son especially if it means
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something to me like if I'm invested in a company
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that actually I really believe in them then so
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will you help me to figure out like kind of like
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find out what it is that gets me ticking and
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then I recommend. Are you allowed to recommend?
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Yeah, I recommend companies for you to trade.
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Also, we go through a criteria. So let's say
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you say, I only want to deal with $100 tragedy.
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Whatever I can afford and $100, that's what we
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do. Most people like to come to me and say, well,
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how much do I need? I got my tax refund. I got
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$2 ,000. Let's do that. I'm like, hey, slow down.
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You're not ready. let's start with a smaller
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amount something just like anything that you
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do you don't just jump out here and just go buy
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the most expensive car you do a little research
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you find out what's the mileage how far does
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it go when do i have to change it how the seat
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belts are you test drive it so you don't want
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to test drive with two thousand dollars you want
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to use a smaller amount and then i look at things
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that you like um proctor and gammer like what
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tissue paper do you use what products do you
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use what stores do you shop at? So that's going
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to make it resonate more with you. If you're
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a target shopper, then you might want to try
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to target. You go in the store every day, you
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see that they have markdowns. You see prices
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are going up. If you see prices going up in companies
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that you shop at, then you know that company's
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trying to increase revenue. So they're doing
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things to step to keep the company afloat. But
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you really don't realize it. You use and you
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are in the stock market. You just don't know
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it. You're just not applying inside of it because
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you shop every day. H -E -B, Kroger, Walmart,
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you go in these stores all the time. Okay, I
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want to be your client. I love, I like you. You
00:11:43.179 --> 00:11:45.639
are, I love your knowledge. I like the way that
00:11:45.639 --> 00:11:48.159
you present it and I feel like I could learn
00:11:48.159 --> 00:11:50.240
from you. This would be something else. I think
00:11:50.240 --> 00:11:52.120
my father in heaven would be looking down going,
00:11:52.539 --> 00:11:54.799
Adrian, wow, you're checking the stock market.
00:11:54.879 --> 00:11:58.370
I really don't even know. Okay. chat I'm in we're
00:11:58.370 --> 00:12:00.789
going to talk later I want to know I'm not even
00:12:00.789 --> 00:12:02.970
kidding around this is serious because this is
00:12:02.970 --> 00:12:04.850
probably that piece that I've been missing in
00:12:04.850 --> 00:12:06.850
my life just trying to understand something and
00:12:06.850 --> 00:12:09.529
it's embarrassing to admit that I don't understand
00:12:09.529 --> 00:12:12.649
it so all right I'm so glad that you said yes
00:12:12.649 --> 00:12:16.009
and that you you and you're fantastic so this
00:12:16.169 --> 00:12:18.649
Like you should have your own podcast and you
00:12:18.649 --> 00:12:22.590
can do with your son This is not just you once
00:12:22.590 --> 00:12:25.049
you learn you can teach him or you guys can learn
00:12:25.049 --> 00:12:27.350
together I like for families to learn together
00:12:27.350 --> 00:12:29.409
because once you start learning you're gonna
00:12:29.409 --> 00:12:31.210
want to talk to him And he's gonna have no clue
00:12:31.210 --> 00:12:33.190
what you're talking about and wave you off and
00:12:33.190 --> 00:12:35.149
think late. I don't want to hear this mom I don't
00:12:35.149 --> 00:12:38.169
know so you guys can sit down together learn
00:12:38.169 --> 00:12:40.210
together. This is something you can bond over
00:12:40.210 --> 00:12:43.129
and you you'll start seeing things like I'm seeing
00:12:43.129 --> 00:12:45.590
more toyotas on the road. I wonder if they're
00:12:45.590 --> 00:12:47.690
tradable It's just things of light bulbs that
00:12:47.690 --> 00:12:49.870
go off each day and you're like, can I make money
00:12:49.870 --> 00:12:52.210
off this? Can I make money off my podcast? Can
00:12:52.210 --> 00:12:55.009
I make money off all of these companies and you'll
00:12:55.009 --> 00:12:58.230
start seeing dollars everywhere? Oh my god, I
00:12:58.230 --> 00:13:00.730
love you. Okay. Thank you. We'll get my husband
00:13:00.730 --> 00:13:02.830
involved too though. He does have a traumatic
00:13:02.830 --> 00:13:05.139
brain injury. So I wish you'd look at that one.
00:13:05.620 --> 00:13:07.940
But we'll try. We'll try. We'll try. We'll try.
00:13:08.039 --> 00:13:10.460
We'll probably on the same level, Alan and I.
00:13:10.759 --> 00:13:13.539
All right, I hate to have to go because there's
00:13:13.539 --> 00:13:18.259
something about you. I just want to go to Texas
00:13:18.259 --> 00:13:21.539
and meet you. But I'm in Daytona Beach. You come
00:13:21.539 --> 00:13:23.539
to me. You come here. You come here. That would
00:13:23.539 --> 00:13:25.899
be lovely. That would be amazing. All right.
00:13:26.240 --> 00:13:28.279
You don't have to learn. We don't have to meet
00:13:28.279 --> 00:13:31.240
in person. We do it over Zoom. I love that. But
00:13:31.240 --> 00:13:32.840
I just want to, I like you. I could just, I'm
00:13:32.840 --> 00:13:34.779
sorry, just being honest, I like you and I want
00:13:34.779 --> 00:13:36.600
to learn from you. So thank you so much for saying
00:13:36.600 --> 00:13:38.860
yes and being bold, brave and beautiful. And
00:13:38.860 --> 00:13:40.679
I'm really excited about this. I'll get all your
00:13:40.679 --> 00:13:43.220
contact information. So email it to me with your
00:13:43.220 --> 00:13:45.360
headshot and we'll get it all together. Thank
00:13:45.360 --> 00:13:47.179
you for being patient in the first few minutes.
00:13:47.240 --> 00:13:50.679
I really appreciate it. And a big hug. I feel
00:13:50.679 --> 00:13:52.220
like you're my new friend. I think you're going
00:13:52.220 --> 00:13:53.840
to bring, you're going to give me something,
00:13:54.360 --> 00:13:56.480
knowledge that I don't have. And that's a, that's
00:13:56.480 --> 00:14:00.960
a big deal. That's a big deal. Thank you. I'll
00:14:00.960 --> 00:14:02.620
see you soon, I'll talk to you later.



