The Return of Millennial Money | Down 50%

welcome back to another episode of

millennial money today just like our

stock portfolios we've got 50% of the

group here hey you stole my joke I was

going to say that one yeah I hope you

shorted us because we're 50% down there

are two of us left on this episode of

millennial money welcome back SLC

confronting Andre J welcome sure thanks

for being here man for I'm in your place

so thank you for letting me be here in

these short shorts of course I was just

on don't sweat it make sure to check out

their podcast I was expecting to be

sweating in there and they made me sweat

here instead check out the podcast if

you haven't seen it we have guest like

Kevin oh thanks uh so I have questions

for you and we got to start with the

real ones that people are worried about

why do we sound like newscasters as

we're talking we're so like wow hello

and here today Tesla stock is down

another 30% let's just be ourselves now

yeah right okay so it's the intro mode

it's the intro that gets you okay got it

kind of like welcome back to Millennial

money yeah yeah yeah sure uh let's get

into it are you still friends with

graham no we were we had a F no I'm yes

wait you legitimately gave me a heart

attack for a second there I'm like oh my

gosh you said that so sincerely I'm like

what I don't know about this what okay

okay no I still see Graham every now and

again we have these groups called taco

Tuesdays where uh because on sale so

Graham goes okay exactly but also

because we're like these uh people on

social media that are antisocial we have

a friend that mutually gets us all

together once a week on Taco Tuesday so

we we go there and yeah I'll see Graham

from time to time but you know we're

kind of all like we keep to ourselves

honestly and the podcast was a great

excuse to get us all together but now

that's not happening anymore we have no

friends uh other than the people that

are watching us so that's mostly true

yes I very much agree uh or the children

you make uh speaking of which when are

you having children I I'm ready to have

kids but Corey my girlfriend she's not

ready yet she's actually 28 and she's

like I don't want to be a mom yet

without like figuring out what like my

life is and like what I want to do well

you're like what 60 I'm 75 uh

what's the uh the uh required minimum

distribution age oh no was it like 67 I

don't know that's it yeah anyway um okay

so so you see Graham what what about

Jeremy we ever hear from Jeremy yeah

jerem come to Taco night well Jeremy's a

dad so you know unlike you he's there

for his kids I'm just

kidding I'm kidding Kevin's a great D

true Kevin's a great dad but yeah

Jeremy's always with his kid so a lot of

our friend groups we don't have kids and

I feel like if you're a parent you kind

of sticked with parent friends that's a

good point is that true yeah well I

guess it depends also how social you are

yeah yeah because Lauren's like oh the

kids are having another birthday party

like cool let me know when the kids are

done right right right uh wow okay so so

you guys will see each other

occasionally all live here in Vegas when

we originally started Millennial money

there was this idea that we would do

Millennial money in person we would see

each other like all the time they're so

much better in person they are way

better in person I'm like I was going to

move out here like I'm convincing Lauren

we're looking at real estate and stuff

uh is is it less than you expected the

interaction between all of yall since

you're all out here you know Graham came

out here and it's about the same yeah we

have no obligation to do videos we just

see each other when we see each other

but so that obligation to do videos

would have helped bring everybody

together I think so but besides like

Jeremy and and Graham and I were such

similar people in terms of our interests

in terms of like it's like talking to a

mirror you're like hey what's up you

know like anything no yeah like we we

know what we like we know we like stocks

and real estate and all that stuff it's

like you know preaching to the choir so

when's Graham going to be my friend

again when when is he going to forgive

me that's a great question why what was

your guys' beef again you guys had a

falling I I I had take it dude I bought

like front row seats to go to his fight

yeah and then you ditched him basically

like that's a bad friend move that it's

a bad friend move some [ __ ] happened

yeah uh I made a big mistake and uh you

know I I had to pay the price for that

uh not only with his friendship but in

other ways reputationally or otherwise

and it sucks people made money from that

event uh yeah tally well somebody

somebody made $2,000 off my

ticket you know like I like yeah I it

sucks you know it really sucks I don't I

don't know if it was just that maybe who

knows maybe that was like the straw that

broke the C the camels back maybe I was

a bad friend before that I don't know I

I think the easiest thing to do would be

like sit down and like talk about it

would you like to make a formal apology

or is it more of like a negotiation sit

down thing oh no like i' abs Ely but

like I'm not a I don't I can't hold

grudges and I'm not saying he is but

like Lauren and I were very opposite on

this like Lauren will never forget she's

like heaven if you cheat on me I will

cut your [ __ ] balls off and like and

she'll kill me that like that's L and

she will never she would never forget

right and and she would go out she would

be the troll at the top of every comment

on any YouTube video I ever made for the

rest of my life she would go out of her

way to make sure the rest of my life was

miserable and then I burned in hell that

makes sense like

that's her and I love her okay but I'm

not like that I'm very much like all

right look I [ __ ] up like let's sit

down and I'm sorry like I I'd totally be

down well I feel like with with with him

maybe he's scared of uh because I feel

like you're the most ambitious person I

know and I and I think ambition is a

wonderful thing and something to be

aspired to but also it can be dangerous

because if if you're in the way of

someone's A to B like they will

steamroll past you and I do you know

what I'm saying like when when people

are ambitious and it's like if if that

means like you know uh doing something

that might hurt that other person but

helps you it's like it's it's a

dangerous thing that they feel like if

there is an opportunity to do so uh you

might take it oh interesting okay I get

that that could be like uh like you know

I mean in many regards everyone in

finance we can be critical of each other

right like I hate your damn dividends we

talked about that on don't sweat it or

like I property managed differently from

from Graham Stefan I yeah sometimes it

manifests itself though in in in like

sneaky ways though where it's like in a

video it's like I feel like this

person's talking about me but like why

wouldn't they call me or text I don't

know the drama I'm just a middleman no

that's really interesting I didn't even

think about that so this is like

enlightening to me like I I'm a big fan

of like put it out there and let's let's

talk about it um but you're right yeah I

mean maybe there's all of that right

because I think for you it's like like

anything goes like and I love that about

you it's like if you if you want to talk

about controversy and it helps you're

all there for it I feel like Graham and

I are much more averse to that we like I

guess there's that risk too of like you

know if if like you know uh I'm uh

confrontational with another creator

that then the byproduct of that is like

well like let's say there's there's

Creator Joe right and I can't stand

Creator Joe because I think he's a scam

and I'm vocal about that but you're

friends with Creator Joe and you don't

think he's a scam and maybe he isn't a

scam right maybe my opinion is Mis based

or whatever uh then yeah that would be

awkward for you right you're right

thought about I suppose yeah

Enlightenment with Andre J I'm here to

help I'm here to help I mean I think

that's very fair and it's totally

reasonable and and look he doesn't need

me he's got great things going he's got

his his podcast is fantastic he does

great on his videos he doesn't need me

sure uh I think it would be cool if

there was ever which I don't think there

will be but if there ever and we talked

about this a bit in don't sweat it which

is the teaser for don't sweat it if

there was ever a millennial money reboot

we would have to as much as possible

Allin podcast style it where where we

come with the research we're prepared on

the topics and then we could I could see

that getting to where we could do events

like they do yeah for sure but also I

feel like the better thing to do is

maybe invite guests and people that

watch our videos which they're doing all

in's doing that like every other week

they bring somebody in because that way

we don't have to feel like we're trying

to measure intellects and just be like

who knows more about crypto or real

estate it's like hey let's just sit down

and the ruler comes out every week yeah

exactly which it's usually like this

yeah for me I'm like guys I'm going to

be over there

don't want to embarrass everyone no um

no but you know what I mean it's like

none of us want to compare I think and I

think that's almost you know what it is

your your superpower by the way is like

you can banter with people on camera

like that's the thing if you guys don't

know about Kevin he you do know you do

know this about Kevin but like you could

watch the news and relay it better than

the news can as it's coming to you which

is not gram andiz strength like at least

not mine like I would script everything

I would research and then because I just

can't off the cuff like that but that's

yeah but that but that's what makes

everyone different and and you're right

I mean but that but that strength is

more shiny in podcast mode and so you're

you become the star because you can just

banter and and you have an opinion and

data on everything and then if people

have egos it's like well geez I can't

keep up with that like so that's why I'm

saying I think there are times to do

that and disagree and have conversations

but I think it's much more enjoyable to

just have Ordinary People we can help

rather than debate the minutia of the

market which frankly at the end of the

day no one knows where it's going that's

a good point I I I I get that that's a

those are all things to to consider for

if anybody makes a podcast consider all

these things yes it's the put he goes

aside work together the weener measuring

uh come prepared and have guests those

are good summaries yeah and and you're

right I I I thinking about like the gr

thing it's like I think what happens on

YouTube too and this is like the

toxicity of like YouTube

is it so easy to compare like oh like

their video is getting more views or

this and then like this competitiveness

happens right and then like in some

regard maybe if and I'm just thinking

about this out loud if you if I script

my video out I can't say something Sly

or subtle right but if I'm always

talking and my mouth's always moving

like all these things come out and maybe

something comes out that wasn't meant to

be said right interesting exactly wow

are to that and like I'm friends with

all of you guys still because I feel

like I was an [ __ ] as what you're

saying to CR I'm think so no I think

certain personalities you know help

others and and I think yours does but

sometimes it's not always complimentary

to other sandpaper man what I'm the

Sandpaper man sandpaper man sandpaper I

don't know the Sandpaper oh abrasive

okay that's fine hopefully not no I

don't think you are uh but I mean we you

saw me get paddled Rec the last time I

saw you get smacked yeah

yeah which uh for context we were at

hofra house and I come and I'm like oh

there's oh you're going that story okay

yeah yeah oh no there was there was a

different smack story I saw that one no

but yeah I see him just getting paddled

and just smacked in the whole like the

whole place Echoes and you love that

yeah you you're a partyer he's a party

animal you you work hard and you play

hard I love that I do that's that is

true that is true that that comes with

downsides as well I would say you're one

of the hardest working YouTubers i' I've

ever met yeah that's not compliment that

sucks it it's it's a problem that's

that's true Kidd that's true yeah good

point yeah uh well damn you you figured

out the balance I haven't I'm jealous no

I I I'm jealous of of your ability to

not care uh about other people's

thoughts to the degree that that sounds

wrong I sound like an unempathetic no no

that's not true that's not what I meant

I meant you're able to get over your

like barrier of that so that you can

help other

if you truly believe you're helping

others which I think you are then you're

able to conquer that you know those

criticisms whereas I'm like maybe

they're right I shouldn't do that and

that's not a good thing but the positive

of that is if I see negativity I'm like

well I'm not that important anyway who

cares and I can ignore it so it's like

it's a balance well it's the perfect

time to mention check out meetkevin.com

for the crash course was that really the

perfect segue I guess that makes sense

like anyway Kevin I wanted to tell you

about like something personal like a

death in the family and this is the

perfect time to for life insurance

remind you to get life insurance we go

to metkevin.com

paid for motor of the channel that makes

sense yeah totally does so why uh why

are you not making okay we touched on

this a little bit and don't sweat it but

give me five course ideas right now that

you could make tonight oh gosh five

course ideas well I feel like you know

and that then you should make it I want

to encourage you to do it yeah and the

reason that I love the basics is cuz

when I was in magic in the in the world

of of CST Tre and and I for anyone that

doesn't know I've been doing that for 20

years uh this I used to sell DVD series

like back when those were a thing yeah

and I had all this data like we would

hire magicians from all across the world

to come and film videos with us and what

I found was the stuff that was most

appealing to beginners and people who

just wanted to get interested in like

how do I do my first trick or like what

shuffle cards that's what that was that

was the highest selling item so dude

make it right now 99s shuffling cards go

to Andre uh the ER the shuffler that

that's not the point I was trying to

make I'm not saying that I want to

course on on Magic and C but you should

I mean think about it like even I have

that's the thing I I've already done it

but why aren't you pitching it so like

like because there's no money in it

there's zero money in it why isn't it

100% profit once you've made it yes but

there is no money in Magic like there

just isn't well then you you got to

Rebrand it to like how to get a girl by

doing a magic they did do that I don't

know if I could bring myself to do that

but yeah there is that there is that but

anyway the point I was trying to say is

with with the finance stuff is if I made

a Finance course it would be more of

like dollar cost averaging I already see

the criticism like all this information

is free and it's like that's fine so

what put it together and sell for $69

for sure yeah that's that's an idea it

idea sometimes I value my my peace of

mind versus just like the money and

that's why I just I don't make response

videos to people that me Kevin exposed

he's basically like Kevin is courses he

only cares about the money and people in

the comments are going to be like yeah

no that's not true I think you care

about helping people but you have this

belief that you know better and that's a

either a confidence thing or or an

intellect thing that I don't say it an

ego thing or an ego you want to say it

but egos are good egos are good to have

because they're healthy in the sense

that they motivate you to do things but

they're unhealthy when they detract from

what you're doing which which you do get

distracted by it I have lost control of

this conversation Andre is just exposing

me he's justos me right now exposing

Kevin all oh my God okay but you know

what I mean it's good it's healthy to

have a good ego I mean I guess well I

just like I I guess my motivation to you

and that don't sweat it was just do it

try sure try and I want to I want to

channel my inner Kevin and just try and

if I fail then then I'll fail what

stopping you uh just I'm just like

couple monsters yeah maybe I don't know

what it is I just value my peace of mind

but I should I should try it all right

okay I'm leave you with that I'm going

to try to channel Kevin everyone should

try to channel Kevin's uh I don't know

man pick pick what you like yeah and not

like the $18 short shirts maybe that's

not you okay that's me that's the part I

like

uh okay so uh how are you investing

right now look is it Pokemon cards is it

like just cards do you think that little

of me look man I went into GameStop I

bought a I bought a Charmander Cup and

the first person who came to mind was

you yeah and I'm like I'm going to be

meeting him soon what that idiot doing I

should hit him up what's he up

to no Pokemon cards to me was just a

small like probably like 23% of my like

portfolio and what's it now like 99% now

it's 99 yeah lost everything I have

paper which is great because its

intrinsic value is that I can make a

fire with it and keep myself warm that's

how sad it's

become no so I'm just dollar cost

averaging man I'm just doing uh vti vti

broad market and then uh also SP

PhD which I know you don't like it's a

Charles Schwab dividend

ETF

taxes so thatd V you know what taxes

don't matter is when you're not making

any other money that's true that is true

but when you make a course see they

don't tax Pokemon cards you can't tax

what you don't earn because they don't

pay dividends oh no no no so yeah uh the

stocks in that format real estate I'm

not I'm not buying I have a rental which

is still rented out it's still doing

great okay good and and you have this so

you got two yeah this is paid off in

cash because because I couldn't get

financing for it yeah so I got this in

cash I'm really I'm really happy with

that but I mean if we go into a

recession in two years and let's say

rates come down to like 2% or whatever

3% again you know you could like Piggy

Bank break this house that's true and

then use that money to go buy deals at

the bottom of the market see that's the

kind of risk-taking that I would love to

like learn as a personality trait but

it's something for but okay so your

courses let's talk about your courses

let's just face the elephant in the room

uh do the courses teach you like that

mentality or mindset cuz I feel like

that can't be taught yeah well I mean

it's everything's different for

everybody but like I'll give you an

example uh there are some people who are

like always have the most debt possible

on properties and I know people look at

me and they're like oh it's crazy Kevin

I don't actually like debt house TCH has

zero debt I personally don't like debt

and what I would see is I would see my

my houses over time as as time went on

uh their debt ratios go down so for

example I start off 25% down on a rental

and then a few years later I'm like oh

wow that one's at 58% debt which is

almost 50/50 and I'm looking going like

oh I could refin those and take all this

money out and I'm like nah I'll just go

focus on making some more money those

would be insulation so I'm a big fan of

that but what I then did is and this is

one of the things we talk about and it's

many perspectives like this but it's

I'll use those as a piggy bank kind of

what what I mentioned to you and so in

coid when Co hit and Drome Powell cut

rates to zero on a Sunday and I'm like

oh my gosh everything's about to hit the

fan uh I called up my lender that Sunday

cuz he lives in my neighborhood so I

have his cell phone number and I'm like

we're refinancing

everything take everything out of these

properties that we possibly can it was

breaking the piggy bank cuz I'm like

shit's about to hit the fan so the

property values would go down I didn't

even care about that I just thought

there'd be other opportunities right so

but but if values would go down I'd

rather take them out now right than if

they go down it's so interesting you're

saying you don't like debt and yet you

use it very much to your advantage oh

100% because I was so convinced that

whatever was coming was going to be so

short-term painful and I didn't no but

it would be so short-term painful that

it would be worth investing in and

that's me as you know like a 28-year-old

or whatever and so I threw it all into

stocks right all of it and all my

refinances closed at the end of March

early April and that was great because

Co was very short term we had the

v-shaped recovery was

fantastic this recession is different

whatever it is that we're going through

now now it's like well would it have

been a great idea to refinance

everything in January of 2022 and go

into a bunch of debt and then buy stocks

then no right so every situation is

different and then it comes down to like

what's your income and your capacity to

repay and survive for the next period I

guess I'm very much like Dave Ramsey to

where I'm like I don't want to use debt

as as a tool I have I have that's why I

bought the rental so I leveraged a

million dollars that's that's the uh

that's the loan on it right at 2.5% I'm

like I'm going to make money on that no

matter what so I did that but even that

is like terrifying to me but real estate

is great cuz it's tangible I can see it

it's great so so let's say rates go 2

and a half% and and then it's like

there's some crash or whatever and you

could refinance this property for I

don't know say a million bucks what I

don't know what it's worth and and let's

just say you have a million dollars cash

and you're looking at the monthly

payment on it and you're like okay well

the monthly payment is I don't know five

grand or whatever it is okay just say

it's five grand to make the math easy

and then you look at yourself and you go

okay it's a 30-year fixed rate loan

primary residence loan am I going to go

bankrupt having to pay $60,000 a year

for this property and then you look at

maybe your other assets and your income

and you're like there's no way in hell

right well in that case why not have

that million dollars to potentially make

a good buy somewhere else because I

don't know if I believe in myself enough

to predict that my income would stay

within that bounds and that's fair so

there there are there are a lot of

people and I see this they they'll send

in scenarios or whatever they'll be like

oh I have I have no income uh but I want

to take on all this hard money debt to

go buy a real estate flip and my

response is like what the are you doing

like you have no ability to repay that

loan outside of that deal going well

don't touch it and so you should only

use debt to the extent that you know

your income can by far cover it because

otherwise you have mass and I feel like

your income is exponentially more than

mine ever was so for you that makes

sense and for me I don't know how long

this YouTube income will last if I can't

innovate and create some ETF like house

Haack or whatever it is then Andre $69

courses exactly that's what you need

dude the 69 course oh and you you put

like a 69 sticker right here and it's

like don't sweat at 69 see that's a

slogan right there don't sweat it 69

there is a multi-million dollar idea

right here boom but yeah definitely at

some point I I want to expand and do

stuff like that but yeah I just don't

want to take on more debt because I

don't know okay that's fair where the

income is social media is so fickle oh

100% what's cool today is not going to

be cool exactly what's cool today is not

going to be cool 5 years from now oh I

was never cool you were you were cool

not anymore I'm I'm Kidd you definitely

aren't now but you

were K oh that's a good one okay you

said before we started this yeah that

you despise FSD and Elon Musk you want

Tesla to die and go to zero and you're

shorting it to crap what's going on with

your hate for FSD oh my gosh that's a

word for word thing on no he asked me

he's like we'll talk about Tesla I was

like I don't know anything about Tesla

he's like well you own a Tesla I was

like yeah but you know that's all I know

know about Teslas I have one and he's

like do you use FSD I don't because it

scares the crap out of me I don't know

if I trust it because I've had moments

on the freeway where I'm using it and

then the car will just Veer like this on

a freeway not on a on a street like that

happens all the time on roads but on a

yeah on a freeway that to happen you

just feel like your life flashes before

your eyes so I don't know how people are

using it and actually trusting it ah but

didn't they move over to a new system

where now it's it's uh the new neural

net way that's right I don't know which

update that's coming out like 11.2 or

something like I don't know I you know I

I don't pay attention to all the little

updates yeah yeah I just I don't have

time for that I do know what you're

talking about I don't know if that's out

yet or what but um I do I will say I use

FSD daily and um what I found and I

don't drive that much but what I found

is I have these specific areas where

it's a total idiot it's like a dumbass

of a driver and I'm like I'm just going

to take over here because you're going

to like swerve into somebody else and

kill someone right so like I just take

over in those spots but I'd say 98% of

my driving now is all FSD you might try

it again I just feel like like 75% of

California vehicles are like Teslas I

mean I know that's not the real ratio

but you guys are mapped out every corner

every inch of California has been Road

tested by Teslas I don't know if that's

as true in Vegas maybe that's why

interesting that's a good point more

like McLaren out here yeah no those are

nice cars a lot yeah they are they no

they break all the time from what really

yeah well I don't know anything about

luxury cars I just look at them I'm like

that is cool it's kind of like I don't

know anything about other girls I I'm

like well those are hot girls but I

don't know maybe they're you know girls

exist how could you well I look I I know

it's I'm very transparent with with

Lauren I'm like the day I stop saying

that there are other pretty girls in the

world it's probably the day I cheated

which I've never cheated not going what

I never do but like that desire is there

when that flame goes out like that's a

danger that's a red flag so so we have

that like weird openness that's fair

that's fair but no speaking of the mlar

and the guy that got me interested in

supercars was lucky Lopez who I just did

a video with in Phoenix and we went to

these Lots where these companies title

loan companies which I didn't even know

existed I've never considered them but

it's where you go to these businesses

like a Title Max or something you give

the title to your car oh it's like Car

Max but it's Title Max yeah in exchange

they give you a loan at at 300% interest

yearly like 25% per month it's

incredible and if you're not able to pay

the interest monthly on that they

repossess car sure it's insane but that

data is not shown in any kind of

databases okay and his job is to then go

to these lots and then buy them before

they get set to auction oh he's buying

repos he's buying repos yes these those

car loans are so predatory I feel like

those title loans they're almost being

made knowing that they're going to reput

absolutely it's just a matter of how

long are you going to be the sucker

absolutely and the and the worst thing

is if those companies also own like a

banking license and if they give you

that loan they can then package the

loans and sell them and it's see that's

what I need I need to start a bank so

here's a question to you would you do

that business because you're like you're

you're like one of the most capitalist

but that's so cap that's capitalism why

would you not do that might be but like

I feel morally wrong about that like

that's just disgusting interesting but

now do I want to create a bank and have

but don't you think it's solving

problems like if I like using your logic

I could be like well I'm solving a

problem here my course will solve those

people's problems you need that title

alone man you need be Kevin K what you

need as a capitalist like listen I'm

providing a service for people if they

need money right away to pay their

mortgage I will give that to them but

you know as long as they pay me that's

fine yeah it's true they're solving a

problem I guess let me put it this way

there's there's probably plenty of money

to be made there I don't know that

there's a like I could do it better than

them I'm a big fan of going into

businesses where I'm like okay you you

suck and you're doing well I can do it

better than you that means I can do well

when you say you could do it better like

you can charge 400% apy or 200% apy no

no no I could I could to like Apple

apples I could charge the same but have

a better service interesting okay got it

so uh I don't know an example might be

like I don't know you you hire a shoe

Shiner and you're like oh they're the

best shoe Shiner in the world or or you

think they're going to be that's how

they advertise it flashy website

everything you go get your shoes clean

you're like dude I could have done

better right well if that guy's making

millions of dollars you're G going to be

like man I G to get into shoe shining

because I know I could do better than

that scum bag Kevin uses a lot of these

examples and I feel like you've been

burned either recently or a lot

throughout your life where you've hired

people and you're like this is not what

at all what I was promised right yes

both yes recently and more recently and

throughout my life okay that's fair so

when you see me like taking these

license tests there's there's a skeleton

somewhere where someone along the way

has stabbed me in the back which is

fascinating because when I talked to

Kevin about this I'm like you're getting

all these licenses like for one person

to have all of them is kind of insane

because usually you would hire someone

they would have the license but you're

like if they leave then I can't operate

so you're doing it from that perspective

you just don't want to get screwed sced

I I'm tired of getting screwed wow okay

financially yeah yeah

yeah uh okay so um I guess uh okay so no

FSD for you you're you're good with

Pokemon cards what's next for you man

because right now you're not sweating

man and and I need I need some sweat

what's next for you it's so interesting

because I feel like when we talked about

our YouTube channels and how we're doing

because our ad revenues are down

substantially this year and I feel like

my advice to you is just to survive and

just go through this cyclical like

emotional anger that we've been through

and now just get through it and that's

that's the only thing I'm doing right

now is just to get through it now in the

metime how long I don't know you tell me

next year is that 2024 When papa pal

lowers rates it's whenever inflation is

truly transitory here's a here's a

question I had for for Kevin and uh

you're smart enough to maybe have some

some answer for this but I've always

wondered doesn't the government have

okay we have an incentive to lower rates

because our debt is so costly if we

don't on the other hand if we keep rates

High or sorry if we lowerer rates then

doesn't that doesn't that mean other

countries around the world that they're

not going to want to invest in the

dollar that makes the dollar weaker so

we have an incentive to keep the rates

high as well on a macro Global level too

so where do you find the balance between

let's cheapen our debt but yeah also

let's keep our money here yeah that's

really interesting well I mean on on the

firsthand um let's be clear and I I I

think that all Fiat is garbage and

eventually will all implode I don't

think that will happen to the dollar in

our lifetimes so I don't think it's

something we have to worry about so like

the whole dollar crisis going away it's

not going to happen uh regarding our

debt our our interest kind of rolls off

over time so even though rates are like

five and a half% right now we're not

paying five and a half on everything

it's like a little bit at a time exactly

it's like refinancing little bit yeah

yeah true that 2008 I know words yeah so

so um so I'm not so worried about that I

think what you're hitting on though is

this this relative idea of okay well

what happened s if we lower rates are

people not going to buy our debt right

well so this is the weird Twist of it

when rates go down those bond prices are

going to go up so they might not invest

for the rate I see but for the principal

value appreciation interesting that

capital appreciation because as right

now Bond values are plummeting because

rates are going up as soon as that turns

and you're consistently on a trend where

yields are going down bonds are just

going to be a great investment as soon

as we officially hit Peak bonds are

going to be one of the best investments

you could probably make see this is why

Kevin's smarter than me I didn't think I

didn't I didn't even consider the basics

that as interest rates go down the bond

goes up which makes sense not everybody

invests for the you know fixed income

exactly yeah yeah wow what else man what

am I missing I mean thank you first of

all for having me on don't sweat it make

sure to watch that that'll probably go

subscribe and hit the notification Bell

to don't sweat it because my video is

going to be out way before yours because

I churn videos out that's what I do uh

and and uh so so so in like a week or

whenever you guys get it up go make sure

you have the notification Bell on so you

see it yes uh but what else man what

else you want to add what else do I want

to add man I don't know I'm I'm in awe

of everything you're doing it's it's

cool it's really cool to see you if if I

offer you and Graham like and and Jeremy

for a PP like a pee ride I ask I wanted

to ask you about that I wanted to go on

this I want to spend a day with you and

make a video of I don't know exactly how

to title it help me click help me create

some

clickbait Kevin it no cuz I feel like

people would know I'm not trying to

expose you I I know you well enough to

that I confront Kevin I don't know I I I

like spending a day comments with a

young multimillionaire own jet like I

know it's like but I but I would love to

do that just to see what you're cuz I'm

always curious what does this guy's

day-to-day look like cuz I just feel

like you're you're insane I don't

understand oh totally come show up at

like 3:00 a.m. you know what I did

though I did in my studio I watched your

video I think it was a CNBC interview or

something where you had a treadmill as

you were as you were typing put a

treadmill downstairs now as I'm editing

I'm just walking and I'm like I'm

channeling my inner Kevin here yeah

that's a smart idea that's really good

it's really cool yeah I'm glad you did

that the um because obviously you need

it

I dude I do no you're great so um what

about yeah but that's what we need is we

bring Millennial back for like a final

episode on the plane 360 camera in the

middle so we break the ice I'm down you

know you tell me where to sign up so we

got 50% of us on board now if you want

to make it official a public

announcement to invite all of the other

members I'm here for you Graham and

Jeremy hit up Andre because you probably

ain't G to hit me

up no no any how do people how do people

watch you man find me on YouTube uh

Andre j.com that's not even my YouTube

channel Andre J you're not gonna be able

to learn just just right here it's it

should be my name or l l link it below

exactly you can find me there all kinds

of magic tricks thanks man appreciate it

awesome cool yeah that's fine that was

cool yeah congratulations man you have

done so much people love you people look

up to you which I say yes meet Kevin

where does this mean we are in the

economic cycle should we be thinking

about buying real estate should we be

thinking about buying stocks I have a

background in real estate as a real

estate agent real estate broker real

estate investor a stock market investor

and fund manager why not advertise these

things that you told us here well we'll

try a little advertising and see how it

goes always great to have you on Kevin

PA there financial analyst and YouTuber

meet

Kevin