on flip flopping again…

hey everyone meet kevin here so this is

a pretty late update here it's uh friday

june 24th yeah coupon expiration day

whatever here's the thing a lot of folks

have been pretty confused uh well maybe

i shouldn't say a lot of folks but some

folks have been confused in the comments

i think most people pretty much get it

but every day

i try to do my best to provide value on

what kind of research i'm doing and what

kind of warning signs that we're seeing

whether it's retail sales data

plummeting the fact that only wealthy

people are traveling right now and that

even their credit card spend is starting

to decline in terms of year over year

growth or

uh housing data how we're starting to

see in a substantial inflection in

housing data is 80s throughout the

country

where you've got over 15 to 20 percent

of listings in boise idaho with price

reductions throughout the entire country

you've got instead of two percent of

properties with price reductions which

you had just six months ago now you're

at six to eight percent so three to four

times as many price reductions

or the pain that you're just straight up

seeing in stocks because people are

fearful of profitless companies whether

it's lemonade or hippo burning

absolutely burning through cash no

improvement at all in their cash burn

over the last year if anything it's like

how has it gotten worse uh you know

there are other companies that we're

looking at that were like wow okay yeah

like at least here's some potential sign

of life but

the point is when when i bring this data

whether it's from goldman or jp morgan

or morgan stanley or barclays whatever

when i bring this data my goal is to

provide you more perspective

however

this perspective over the last you know

a couple of weeks while some folks has

come across as

fud or you know just something just

videos to create fear uncertainty and

doubt it's like look i mean if the news

is bad that's what i'm going to provide

it was sort of like the same thing that

happened in january where in january i

was providing bad news and people got

mad at me for just telling the truth and

it's really frustrating

but i wanted to provide this video as an

opportunity just to say what i'm doing

in terms of what my positioning is so

my positioning in the market right now

is that i've got about 1.2 million

dollars in margin

uh the rest is in stocks and that 1.2

million dollars in margin is going to

get paid off by three real estate

properties that are closing worth about

nine hundred thousand dollars in the

bank to me after each closing within the

next three weeks so that's about 2.7

i'll set the 1.2 that brings me to about

1.5 in cash

plus whatever i've just got sitting

around kind of in checking accounts and

so that's probably going to put me

somewhere between one and a half to two

and a half million dollars in cash

the rest is all in i mean we're talking

20 mil plus

all in on this market i'm a big fan of

going in on this market i'm a big fan of

taking the opportunity even though it's

painful uh to to buy now look i had to

pay

uh over 10 million dollars in taxes this

year it's painful

the fact that i'm going to be out of

margin after having paid 10 million

dollars in taxes

it's freaking honor and last year i paid

6 million dollars in taxes it's crazy

uh and and it's just it's really

incredible but there are some folks who

are questioning hey like kevin

you know but what about like lemonade

and what about shift and and matterport

or some of these companies that were

really excited about during a bull run

or even a firm right

and here's the thing and and i know not

everyone's obviously part of the

programs on building your wealth link

down below so you don't get me in those

private course member live streams that

we do every day you don't get the

benefit of seeing every single move and

decision that i'm making but a lot of

these companies

unfortunately we've had to move out of

and we've moved out of a long time ago i

mean at the latest in january

that doesn't mean i didn't leave

unscathed but i mean certainly

left a firm substantially higher than

where it is now

uh in in the back when it was in the 40s

which sounds crazy to say uh you know

lemonade back when it was like 65 you

know lemonade's like 20 bucks now it's

crazy shift technologies back when it

was like six dollars and

50 cents 60 cents 70 cents somewhere

around there uh and you know now it's

like an 80 cent penny stock and it's

crazy because

it's so unfortunate

that even though we talk on the

on the public channel about

hey here's sort of my thoughts on on the

latest trades

not everybody watches every single video

so not everybody knows ah crap okay

kevin's out of a position now and so

what you get is you get these these like

you know

unfortunately folks that aren't paying

attention as much as they should and the

comments are like oh how's that shift

stock treating you or whatever and it's

like well i need to say it but just on

june 3rd we did like a 30 minute deep

dive on it

in a course member live stream and we're

like oh

they don't got a lot of quarters of cash

left there are some serious concerns for

a lot of companies out there right now

and so some people view this as

paper handing or or like uh some people

even think of this as like a betrayal

and i'm like my goodness no

here's the reality

when you're in a bull market you can

make a substantial amount of money on

stocks

that

are profit less companies that have a

lot of potential

really good ideas and great leadership

that changes when you go into a

recessionary dynamic that's why i sold

out of everything in january i sold out

of everything in january so i could

rebalance and say look we can't go back

into profitless we can't go back into

vision and leadership we have to go into

eps we have to go into high margin

that's where we have to position

ourselves and that's not to say that i'm

not down either don't get me wrong i

mean we're down as well maybe somewhere

around 30 on the year

i mean that's roughly in line with the

qqq that's painful right

it's painful to be down

but i want to be clear

i'm almost all in on this market

and that's not to say that you should be

all in it's not here to try to give you

financial advice it's just to provide

this clarity that in case you're

wondering what i'm doing even though i'm

posting information that that is

negative the information that i'm

researching and that i find negative is

still

not bad enough to discourage me from

being in this market and buying if

anything it creates opportunities now

some folks are like well kevin are you

shorting the market right now no

i can't see myself shorting

at zero percent on the qqq phibi's right

which is about 318 on the qqq although

we have extended past that down about

another 10 to about

you know 275 to 285 on the qqq so we've

had another a couple stretches below

that and that's painful as well you know

technical analysis you could see floors

break on ta it's just the way it works

but i'm so confident that i want to

continue to bet on train america that

i'm not willing to leave

i'm here

i'm not going to quit youtube and keep

making videos and i'm going to keep

reporting on stories even if they're

negative

uh now a lot of these stories we do get

to go into a little bit more depth on

obviously in the course member live

streams because you all bring those

questions which is great if anybody

watching this now wants to join those

remember we've got a coupon code

expiring tonight which all that means is

the price is going up right the price

just goes

over time it just takes up you know

other people in my opinion that provide

substantially less value for their

courses charge like two or three

thousand dollars per course you know we

charge a fraction of that and we've got

partnerships that give you discounts on

lows we've got other partnerships i mean

we've got phenomenal things

for the courses we're coming to the

courses so very excited about those but

i just want you to know that uh you know

just between uh you me and uh in the

comments section i'm in on this market

and i'm optimistic about this market i'm

not optimistic about real estate i'm

trying to move from real estate into

stocks

and uh i i think in two or three years

we're gonna look back and go wow

dude i wish i bought more in the summer

of 2022 damn that was another

opportunity

after the 2020 march fall

uh and uh and so i'm very grateful for

being able to build whatever positions i

can obviously with money

that i don't need that's the other

important thing is don't put money in

the stock market that you're gonna need

within the next 6 to 12 to 18 months

like the way i look at it is if the

stuff that i'm buying goes down in value

okay what does that mean i guess i'm

buying less real estate is it really

going to make a difference in my life no

so if i had if i was married and we had

let's say 100 000 salary and and we had

a hundred thousand dollars in stocks

and uh you know maybe a hundred thousand

dollars in cash

i'd probably be mostly in right now i

probably wouldn't be too terribly much

in cash right now

and if that means

i burned that cash and maybe in the

future i wasn't able to buy another

rental property well then so be it but i

have the belief that's not going to make

that much of a difference to my life

right we're still making 100k each right

that would be the impression that i

would have

but i would also be thinking myself okay

well like hey if i do go into stocks and

and my stocks have in value is that

going to change my life

i'm going to keep working my job

assuming of course we have job security

and so this is where you do have to

buffer a little bit the factor of well

you know what if we go through a

recession whether it's shallow or deep

and we end up having job loss right so

that's another reason to potentially

increase an emergency fund but beyond

that folks i i can't be

as as much as i like to provide

information

and and report on statistics and deep

research that i'm finding i also just

want to be as clear as possible like

i'm a bull on this and that's not to say

that we're gonna have a great market the

next few weeks or the next few months or

whatever i've said almost every time

i've been asked about the market in 2022

this year is going to suck

i've said that over and over and over

again

you know doesn't mean you could be

perfect with exactly how you time the

market but boy oh boy am i glad i reset

my portfolio by getting out in january

getting away from profitless tech and

low eps tech going to high eps and high

margin tech

i think that's a great opportunity

because in a few years i expect to be

able to look at my portfolio and go oh

my gosh i could have never imagined that

but

that

imagined wealth

is not something i need

but it's something that i expect

by buying in these painful times the

time to invest are the painful times it

was the march of 2020. it was the

october of 2020 right before the

election or who here leave me a comment

down below were you here watching this

channel

right before the election do you

remember me saying the time to buy is

the time of uncertainty not certainty

and clarity

the time to buy is when everybody's

freaking out when there's blood on the

streets right

be greedy when people are fearful people

are fearful now

take advantage of it i hope this helps

you

course members you know we're going to

be doing more fundamental analysis we

did four fundamental analyses today

we'll be doing more in the coming weeks

we'll keep hunting for deals everybody

else appreciate you watching thank you

so much and we'll see you in the next

one have a great weekend check out that

coupon code link down below yeah the

price goes up this weekend but whatever

i hope to see you but if i don't we'll

see on the channel thanks so much bye