i sold everything

recession or not here i come hey

everyone me kevin here in this video i'm

going to give you the exact details of

what i think about the market where we

are now whether i think it's by time or

sell time and i'm also going to tell you

about exactly what's going on with my

portfolio whether it's stocks or real

estate now every time i make a move you

all know that every one of my moves is

broadcast first to my course members in

either our private live streams or via

alerts that i send and you get a

lifetime access to those programs when

you join and you want to join now before

july 28th because that is when we have a

massive coupon expiration coming up so

mark your calendar for that but let's

get that out of the way and now focus on

what we want to talk about in this video

which is number one i've gotta address

inflation because if you have a

different belief about inflation then

you're not going to want to model

yourself after this opinion and of

course i can't give you personalized

financial advice this is just education

to try to help you see okay how do i

believe these perspectives fit into my

investing thesis then i'm going to talk

to you about what i think about

investing in this time i'm going to talk

to you about what i think is happening

in the market have we hit a bottom and

then of course stocks and real estate in

the portfolio okay so the first thing

that we really have to address is we

have to understand this chart right here

now this is a little bit of a tricky one

to to really understand

because it's it's just built

on numbers that don't actually make

sense to a lot of folks so let's go

ahead and set myself up

actually i like this size right here

there oh

there we go we'll set myself up like

this okay so what this chart is is

actually just the raw

cpi numbers chart and that's very very

important because if we get lost easily

in the

nine percent figures and you know the

eight percent figures and here's how

inflation works when we get an inflation

read what we actually get is a number uh

like up here we'll get a number and

it'll come in at let's say 300. let's

make that very easy right

and so if we are at 300 here and we look

back at the last july and we were

sitting at a cpi read of 270 or maybe

like 272-ish there but just to make math

simple then we might look back and go oh

that was a you know 9.8 or roughly 10

move in inflation right that's very

important to know because in order for

cpi to keep going we have to actually

see that cpi number continue to rise so

in order for us to get another 10

inflation set next july we'd have to

look back at this 300 over here and go

oh wow yeah now we're at 330 right and

so that that sort of rule of comparing

to a high base makes inflation likely to

go down solely on the nature of it's

hard to kind of keep building on top of

building and there's a very fascinating

thing that happened here take a look at

this this dip right here was the covet

dip and so what happened was when we

compared march and april low

inflation data where prices actually

came down or disinflated a lot into

where we actually saw that base cpi

number came down when we compared to

that

in the spring and early summer of 2021

we saw a much more rapid increase in

inflation because we were comparing to a

hole right and so that was sort of the

first impact that we had where we're

like okay we're going to see greater

inflation from base effects

unfortunately what ended up happening

is we had problems on this end of the

curve which came after you saw this

flattening of inflation in the summer of

2021 which is really incredible because

here we were looking back past the hole

now and we're like okay now we're kind

of back to moderating inflation but the

problem is this line over here

really got propped up by multiple things

first it got propped up by delta the

destruction of supply chains the hyper

stimulation via stimulus checks and

child tax credits ppp bailout loans

money that often went directly into the

stock market right

then we saw inflation really pumped from

delta inflation continued to inflect

higher probably the arrow pointing here

is a little bit better because of the

delta variant or sorry of the omicron

variant and then of course we had the

explosive war over here that pushed

inflation to new highs

now my expectation is that inflation

after these three things play themselves

out will really have no choice but to

moderate this chart will slow down and

we'll see this relax towards the end of

the year now it could be entirely wrong

and that's why it's important to set

this investment thesis up as my

investment thesis is built on the idea

that inflation

will

go down it is propped up by three things

that will end up being transitory in

nature and it was really propped up by

four things right original covid then

you've got uh all macro then you've got

delta then you've got omicron and then

you've got war and that these things

will pump up inflation temporarily this

line here and eventually they won't be

supporting that line anymore and it

comes down it flattens which is the same

thing that we saw happen in the summer

of 2021 when inflation was starting to

flat which was great

i think we'll go back to that but it's

not just a matter of what i think will

happen we have two people or two groups

of people that actually agree with this

substantially one is the market the

market via what are known as five and

ten year break-even yields are expecting

inflation to plummet in fact usually

inflation expectations plummet about two

to three months before cpi actually

falls well folks inflation expectations

have already plummeted we are now at

peak cpi numbers but in two to three

months we can also see

inflation plummet so it's not just the

fact that we're going to see that sort

of hot air balloon of of heat getting

pumped up by these three four massive

cpi pushing events go away those will

become less of an impact but we're

already seeing the market expect

inflation to come down and the second

one is we're seeing consumer

expectations for inflation come down

previously they've been stable now

they've actually started coming down

which is really really good and in

addition to that we're seeing

commodities fall and when commodities

start falling then we start seeing

producer prices fall and when producer

prices fall eventually so then do

consumer prices which is very very

important okay so why is it so critical

to talk so much about inflation well

because if you believe that everything i

just said is wrong then you're going to

want to have a different conclusion if

you believe that kevin the line you

showed us with the hot air balloon

propping it up at those four different

points that is going to continue we are

going to see inflation continue because

let's say the war in ukraine is not over

yet we still have supply chain issues

that's fine but when you look at

shipping prices commodity prices energy

prices they're all already coming down

so just be careful if you think that

inflation is going to continue to rage

and continue the argument that that's it

we're going to have to get paul volckerd

well folks you probably are going to

miss out on gains in this market

so that actually makes me bullish that

this temporary inflation we're seeing is

an opportunity to buy and that we're

still not seeing the characteristics

that we really need to have to suggest

that we will definitely get paul

volckerd in fact one of the reasons that

i started rebuying in this market is

because i realized we don't yet have the

conditions and they could come we have

to pay attention to them they're always

little red flags that pop up and i pay

attention to them daily but we don't yet

have the conditions for a wage price

spiral we do have broad-based inflation

but

if that inflation only comes for shorter

bursts of time well as we saw earlier

the line will mean when we hit the next

cycle that is in a year from now and

we're comparing back to these really

high prices these high cpi numbers we

shouldn't see those same ones again

obviously if inflation does end up

proving to last in a broad-based manner

then we'll end up having to get paul

volcker but i expect and we'll see so do

markets and so do consumers that within

the next two to let's say four months

we'll start to see uh what we can

actually call not inflation but we

actually call it disinflation and this

is where we start seeing the prices come

down so that will reiterate the need for

us not to get paul valkart and the fed

has not expected or even expressed the

attitude that we need to get paul

volcker although they've started to hint

at their admiration for paul volcker

which which definitely gives us reason

for being concerned that oh no you know

when the fed starts hinting that paul

volcker is a great person they did great

things then you do start getting nervous

a little bit but fortunately the data is

siding with we don't need paul volcker

to wake up all right so that this is

sort of the baseline that you've got to

understand because then when you look at

portfolio construction you want to ask

yourself well if inflation is high now

what do you want to do when inflation

goes down well when inflation goes down

we're going to expect that the fed's

rate action is going to come down the

pressure on them to continue to raise

rates will come down this is actually

likely going to create a few

opportunities the first opportunity that

i think it creates is we're going to see

a real estate opportunity because what

you'll have is you'll have a lot of

folks coming off peak mortgage rates

buying properties at uh in let's say

less competitive environments and

potentially some softness and real

estate pricing whether that's from

between five percent or twenty percent

uh softness and pricing really depends

on your market and a whole host of other

factors but i do think once we start

seeing uh for the federal funds rate

stabilize or come down or expectations

that it'll flatten come down or the

expectations come in that the rates will

come down then i think there'll be an

inflection point in real estate where

we'll be coming off a season of less

competitiveness and softer pricing and i

think there'll be a nice opportunity to

buy real estate at slightly depressed

prices and we'll probably have that

opportunity for one to two years which

i'm very excited about which is why i

will be launching a series a that's all

about investing in real estate you can

learn more about that by going to

medkevin.com series a and learn more

about it there once we have more

information to share it's gonna be sas

style slash real estate company uh and

of course the first people who will have

the opportunity to invest for an

exclusive 30-day period at uh the best

pricing will be course members which of

course you can check out the link at two

courses linked down below okay so real

estate i think will be an opportunity

but also when inflation and real estate

and rates that has come down i do think

we're also going to see a substantial

opportunity in stocks and

it's specifically going to start in my

opinion with a bottoming of tech which

we may already have seen and then a

return to risk on

i would just caution that if you see a

return to risk on like what we've seen

in bitcoin prices or even the nasdaq

which i can show you graphically here

then you can

be

coaxed into getting into money losing

companies or profit less companies sort

of more immature companies money losing

companies aren't necessarily bad

companies they're just more less mature

companies so a company uh with companies

which i've sold at substantially higher

valuations because i said you don't want

to go into a recession owning names like

a firm you don't want to go into a car

recession owning names like shift you

don't want to own a money losing company

that's having trouble getting to

profitability like

like lemonade i hate to say it in a

recessionary environment you don't want

to own a flipping company like open door

redfin in a recessionary environment

these are all the decisions that i

talked about and made very very clear on

this channel back in january i know some

people are like oh kevin like i can't

believe you would paper hand those names

well i did and i'm glad i did at much

higher prices because those aren't names

that you want to hold going into a

recession but potentially if the

recession is now priced in and we get to

a risk on element these names could

actually do quite well i mean redfin

under 10

and the potential of of real estate

going through that soft patch and then

rebounding it's kind of interesting you

probably see some pretty outsized gains

at some of the companies that i just

mentioned if we get back to risk on

however risk on always and this is

something you always want to remember

when you go into a risk on trade you

always you can't really buy and hold

these you have to watch those as

companies that when the markets shift

you have to be willing to sell otherwise

you just bleed out and you end up down

70 to 90 right it doesn't make sense for

example when coinbase got banned in

their opportunity to lend from the sec

that was a big red flag because even in

my original analysis videos i said any

valuation that props up coinbase relies

on them switching to a layer 2 style of

income and if they can't do that they're

worthless so you get problems here

so the problem with risk on trades is

that you have to trade them right and

this is where i personally actually

prefer

tech stocks like larger tech stocks and

companies that i don't actually have to

actively trade i don't like actively

trading because it's very very difficult

to actively time the market though

oftentimes you can do quite well and

what i like to do

is i like to use a strategy that

involves doing the opposite of what

emotions are and so for example

if if markets are booming i like to trim

if markets are falling i like to buy and

when markets are booming again i like to

sell now i did this if you go back and

watch my videos you'll see that in

november when we peaked i started

trimming i said this is euphoric i think

this is unacceptable i shorted arc k at

a hundred dollars i really wish i held

on to that short longer uh but i held on

to that short everybody in the comments

got mad at me for that how could i be

such a fudster and short arc how can i

bet against innovation what an idiot and

comments really do get to me it's

problematic i i've really really had a

hard time this uh the last six to seven

months but that's not something that you

care about you care about the

information and that's fine so we'll

keep it to that but anyway uh i like

trimming in times like these taking a

little ten percent slice off like end

phase or matterport and gosh you know in

hindsight you look back you're like why

take off 10 slices should dump the whole

thing oh well hindsight right

and then what i really like doing is

buying in these areas in these troughs

and that's what i think we're in right

now and something that keeps a lot of

pressure off of me is just every so

often as i close a property i close a

real estate sale i get some extra money

i just buy and that could be in a

variety of different ways and i'll tell

you about that that could be in a short

position that i think is actually

bullish to what i think is happening

here inflation coming down i'll talk

about that

it could be in a dca into an m1 finance

pie where sort of have a basket of some

of my favorite names that i think are

going to do well we'll briefly touch on

that as well so i think this is an

opportunity but again this here relies

on

not solely trying to trade i understand

some people say oh but kevin you sold

everything you know you sold your

portfolio in january which wasn't

necessarily at the top it was probably

more like here and i probably rebought

here so this was november where i did

some trimming i'd probably say selling

here rebuying here 20 25 later or

something like that for a lot of stocks

hey that's useful for covering capital

gains uh maybe some stocks even lower

some of them have gone down another 50

60 from there but some of those are not

stocks that i want to re-own

anyway okay so

in order to do this you've you've got

and i don't advocate kind of trying to

you know move a whole portfolio like

that but i do advocate dumping stocks uh

that uh you know in january that we knew

are money losing in companies that that

are probably going to do quite well and

had you done those you would have saved

losses of 50 to 80 on some of these

right

anyway so if you believe the market and

consumers are right that inflation is

going to go down that the fed is going

to end up being right that what i said

is going to end up being true that

inflation will end up coming down that

there's just going to be a lag time

between now where we're at peak

inflation data and inflation actually

coming down uh then then you're going to

want to be ready to buy real estate

relatively soon uh you might potentially

consider buying real estate in my

opinion as soon as the end of q3 uh and

as early as uh as

well as

probably as late as like q4 q1 but but

yeah really as early as the end of q3

could be a time to start really shopping

again and so that's what we're preparing

for in that series a now

tech i really prefer because i don't

feel the need to have to dump it when

things really get tough because they're

money losing and i'm uncertain about

their survivability or whatever and so

the risk on trades whether that's a

crypto or you know a more at a startup

style company you want to be careful

here okay now

what am i seeing in the actual uh charts

yeah briefly and then let's talk about

my portfolio and how it sort of fits

into this uh and and where's the you

know selling everything right okay so

the first thing is take a look at this

this gives you a little bit of

perspective on the weekly chart for the

nasdaq you can see the weekly chart for

the nasdaq here has followed this pretty

gnarly slope down here and we've really

bounced off that pretty dramatic

declining chart here but what we've

noticed here is that even though we've

capped out

over here and we've kind of followed

this trend and we've hit this triple cap

over here we're now at an opportunity to

show that this trend

can actually hold this break right here

because this is a break of trend and if

we can break above

this trend line here for the nasdaq on

the weekly chart i think there's the

potential to say that the bottom is

behind us that is not necessarily

guaranteed but if the bottom is

potentially behind us it could make

sense that we have a risk on or sort of

re recession relief rally that brings us

into the territory of nasdaq 338 to

nasdaq 378 this range this would be a

retracement of 50 to 78 percent i don't

believe that we really deserve to rally

above the 78 percent line and i would

probably would consider really hedging

around the 61 to 78 percent line and you

could write that in as consider hedging

between 354 and 378 and maybe even

consider going as far as selling above

that 378 figure but i do believe if we

break here we have the room for a nice

rally which will be very gratefully

received by many of us now there's

always the possibility that it looks

like march which is over here

which march was really just the

beginning of a further and larger

downtrend so we have to be careful about

this and that you could see what would

happen over here well actually we don't

have the fibonacci up for this but we

just remember that when we compared the

fibonacci from here to here we did

retrace over 50

we did retrace over 61.8 percent and

that's when we started saying hey

careful you know we really shouldn't be

running like this yet we're not even

close to inflation going down yet and

sure enough we ended up having more

bottoms

now that doesn't mean that i've been

perfect with my portfolio i absolutely

have not been perfect with my portfolio

but i've done what i think is best and

that was in january selling everything

to get rid of any kind of money losing

company any high risk company i was able

to sell everything and that included my

tech that included my crypto that

included my risk on now i did not trade

into some crypto after that and

unfortunately had some losses on ada but

that was a fraction of my previous

position i just want to make that very

clear again not perfect when i say i

sold all my crypto in january but i did

sell my crypto in january i just

re-bought and then and then sold again a

little after that but anyway i'm glad i

got rid of all my risk on and i really

haven't exposed myself to a lot of risk

on yet risk on probably represents maybe

one to two percent of my portfolio uh

you can't really see that there so i'm

going to write it over here risk on

probably represents somewhere around one

to two percent of my portfolio for risk

on not super jazzed about going into

this even though i think this is where

larger attendees could be now if you

really want to play those large

attendees or sort of upside hedge one of

the things that you could do is you

could kind of go for like yolo calls but

look for companies that have low implied

volatility like i mentioned tesla

although tesla's not really a risk on

play test is more of a tech play but but

you could find companies with low

volatility right now tesla did have low

volatility right before earnings which

is weird that they had low iv right

before earnings but anyway yolo calls

can be cheap then on these and i call

them upside hedge protection they're

kind of like

yolo calls that you make expecting to

lose money you you put in like half

percent or or a tenth of a percent or

one up to one to two percent or whatever

and yolo calls and you do that to sort

of prevent fomo from getting to your

entire portfolio because like the last

thing you want to do is let's look at a

company like a firm which is quite risky

if we have to continue to see allowance

for doubtful accounts increase

unless of course the recession bottoms

and this is a great risk on play

going all in on a firm uh might be quite

risky but if volatility is low and you

take one percent and you go for a low

low out of the yolo out of the money

call and you can you can see a

substantial amount of upside in this if

it rallies well now you don't feel bad

that you didn't go all in on your

portfolio but now you also didn't expose

yourself to that much risk right so

that's what i consider an upside hedge

again yolo calls you want to look for

these when implied volatility is low

and then when we get to higher levels on

the fibonacci that's even sometimes

where you can get hedge protection like

yolo puts

but again these these risk-on kind of

plays should be a low portion of your

portfolio and they have been the biggest

name uh in terms of a risk on position

that i've gotten back into around this

four dollar range uh is matterport

whether through shares or sold puts or

whatever that's probably one of the

biggest that i've gotten back into uh

but i'm also considering uh

honestly things like especially after

the dips that we've seen over the last

couple days things like carnival or play

uh or win

or uh or or etsy uh although some of

these are more you know i would say

these right here are your risk on these

are more sort of the consumer staying

strong or coming back plays that i feel

like could be a a little weak right now

but these are trades that i'm keeping a

smaller portions of my portfolio because

they're not necessarily companies that i

need to see in my long-term kind of

portfolio forever

instead what i have been using all of

this dip time as an opportunity to do is

really build out my tech position more

and my tech position uh mostly consists

of tesla i have over 25 000 shares of

tesla i'm really trying to get i've got

a personal goal of trying to get to 30k

shares of tesla i'm not there yet uh and

you know we've had some increases in the

pricing here so it just makes it harder

to get there i don't necessarily need to

do that though because i'd rather spend

a little bit of time diversifying into

my m1 pi now my m1 pi

the exact proportion is linked for

course members but it gives you just to

give you an idea it includes some of the

travel recovery plays whether that's the

uh the etsy the the uh you know win i

talked about but it also includes really

my favorite and core tech names now even

though i really think that uh or have

been thinking that homeowners would stop

spending as much money on solar in a

recession if we actually don't end up

seeing that real estate softness envase

is a phenomenal company and it's a great

play i'd love to buy it weaker but

rather than try to perfectly time in

phase uh i i sold most of my in phase at

196 which i bought at like 120. oh well

i know it's at like 215 now it kind of

makes you look back and go dang should

have held but hey you know what oh well

so what i'm doing with my m1 pi is i'm

diversifying between companies like

enphase

nvidia and uh

and even like visas in here tesla but

sort of my larger core position is going

to be tech which will include apple even

microsoft plays like that my core tech

plays and the reason i find my core tech

place to be so critical is because these

are companies that i don't really feel

obligated to dump uh during during duff

tough times

and although i made a trade in january

got back in in march and april uh and

the end of february these are not trades

that i ever really feel like i have to

be concerned about where in 10 years do

i really think i'm going to look back at

tesla and phase in nvidia and go oh darn

wish i sold those because they ended up

losing money probably not apple

microsoft right these are not companies

i'm really worried about in the next 10

years so you can kind of set and forget

them that's unlike remember a company

like that's very risk on like a lemonade

or shift or a firm where if you set it

and forget it you could really get

burned those are not set and forget

kinds of plays because they're they're

emerging companies they're very risk on

companies so i've really been building

my portfolio here

with uh the tesla the nfa nvidia and now

since prices are starting to kind of

rotate up a little bit i've got a good

position in tesla really diversifying

into this m1 trade uh and and that gives

me an opportunity to sort of diversify

again but the next thing that i'm also

doing is i'm shorting the dollar i've

been buying udn as soon as the dollar

broke parity with uh the euro uh that is

the the the euro uh fell under a dollar

which was quite remarkable i i bought a

large short position and i'm going to

keep adding to this uh as we kind of

move and dca into this a little bit here

although when i say dca it implies it's

been going down it's only been going up

since i've been buying it that is my

position has been going up since i've

been buying it which is great and i kind

of expect it to continue to but i'm not

going to keep buying it i'm not going to

like follow this thing up but if it does

if the dollar strengthens i'll increase

the size of this position the dollar

weakens i'll increase the size of this

position a little bit more but i'm not

going to go too crazy on this although

i'm already into this for a few six

figures and uh and i'm interested in

getting it uh making my position a

little larger here so what this is again

is it's shorting the dollar you buy udn

it's an inverse dollar etf you're

shorting the dollar it's an expectation

that the dollar is probably going to

weaken the euro will strengthen and and

really what this is an expectation of is

inflation being transitory as inflation

goes down our bond yields go down which

push puts less pressure and desirability

on our us bonds which creates less

pressure on people buying the dollar

which means the dollar can actually

weaken now some people are like oh my

gosh isn't that betting against america

no it's betting on inflation going down

which in my opinion is allowing me to

really have ups outsized bets on on

betting on america so uh why do i say

i'm selling everything well uh or or

that i have sold everything well it's

because i sold all my real estate that i

wanted to i i think this is quite

remarkable but i finished i've gone from

27 socal properties a portfolio worth

somewhere in the neighborhood of 24

million dollars down to five now

obviously this was leveraged right it

was somewhere around 55 percent debt

obviously there are going to be some

long-term capital gains implications to

this but the big reason for making this

transition uh is is uh two-folded number

one i did not want to go into margin to

play pay taxes i had an opportunity to

uh to to buy a really big asset at the

end of last year but i thought it would

be terrible in a recession which didn't

know we were going to go into recession

glad i didn't do that would have given

me a lot of tax write-offs but i think

it would have been a terrible idea in a

recession so i had to pay my taxes i had

to pay uh over 10 million in taxes which

is which is quite insane

but hey you know what when you have a

really good year like 2020 or 2021 you

pay your taxes you have to pay your dues

i also paid off at every dime of margin

i have so i have absolutely zero margin

and what i've really been trying to

focus on doing is taking my money and

building my portfolio

mostly in tech and plays that i think

will do well when inflation goes down so

i'd say i'm probably uh 85 i'll say

about 80 percent in tech maybe uh you

know two percent over here on the dollar

shore and this is just rough off the top

of my head maybe one percent on the m1

which i really want to build this up

build this up to like say five to ten

percent uh and and then i've got some

cash and then obviously the leftover

properties that i have which are either

under construction or the house that i

bought from my dad that i own or

the the properties that i'm using for

living in and for work

for example

i was considering signing a commercial

office lease for our new series a that

we've got coming up but i really decided

that i want to wait for softness in the

commercial leasing space because if the

real estate market does slow down i

don't want to lock in a really really

expensive lease so i'm going to hold off

on that and i'm going to use a property

and convert that to an office rather

than selling that property because it's

something i already have and it makes a

lot more sense money-wise so i sold this

real estate for number one reason taxes

number two getting out of margin but

then also uh preparing for that series a

opportunity i want to have money as much

money as possible for that series a

opportunity because i want to throw a

bunch of money into it too and invest

alongside either you or course members

or whatever at uh you know the best

valuation that we possibly can which

will probably be just a one-to-one

valuation like my money will be worth

what your money is worth but this is not

designed to be a solicitation so i don't

want uh to confuse anyone certainly not

the sec so

uh these are just some thoughts that are

going through my mind it's not a

solicitation for you to invest with this

so um where do i position myself uh from

here like what what you know what why am

i going into tech why am i selling real

estate and going into tech well let me

make that clear to me it's sort of a

real estate cycle play and the idea is

if i

get rid of my obligations for taxes and

margin which i've done never been margin

called which is great what what happens

then well i'm throwing money into tech

which unfortunately has kind of been

this like furnace this fireplace it's

really felt like wow i sell a property i

throw it into tech and then it's like i

lose all that money and it has felt very

very bad uh you know going through march

april may may was probably the bottom of

the market june

these these have been rough times now

we've had some little you know weak

rally here the last week has been

phenomenal which is great which finally

makes me a little happier again because

i i hope the market is seeing that yeah

inflation will end up being transitory

uh so yeah i'm look i'm glad i sold

everything i wish i waited maybe an

extra month or two to really go heavy

back into the market but hey can't do

that i think i made a good move and now

i'm sitting in tech and i'm taking money

from real estate and throwing it into

tech or that udn short of the m1 pi

and what's great about that is i really

believe this and i could be wrong but

what i really believe is the stock

market has done this i think we're we're

either here or we're at sort of close to

a turn and and i don't know how quickly

that'll go up it could be very slow like

a longer u-shaped recovery right

but i definitely think we're somewhere

along the bottom i think the bottom

ended up being 268 for the qqq you know

we're sitting at like 310 right now so

maybe that's like right over here

and for me

this has just been buy time right here

as i said i've done and will do and what

i teach is you buy when there's pain you

buy when there's blood on the streets

that's what i've been doing

unfortunately you get your hands bloody

too you know everybody's like you're

catching a falling knife whatever but i

think that as we see the stock market

rebound and let's say we're here you

know 50 oh you can't see that let's say

we we go back up to uh you know here

it's a 50 retracement there we go to uh

to what we mentioned on the chart

earlier let's say we go back to here i

think at this time we're probably also

going to have seen real estate

do something like this

not necessarily a giant kind of crash

but we'll be at that intersection where

i'll have thrown money into the biggest

pain point in the stock market hopefully

ridden that up to whatever the softest

point is we get in real estate whether

that's minus five percent in prices or

it's minus twenty percent of prices i

think there'll be an intersection of

those because real estate's so slow and

it's really lagging behind the stock

market right now and it's going to give

me the most capital possible to buy real

estate and to invest in this series a

that i've got coming up again it's going

to be real estate meets sash sas

software as a service

and it's going to be really really

really exciting that it's basically that

is going to be my life's goal so when i

say like selling everything and i sold

all my real estate it's true i sold all

my real estate uh with the exception of

those five core properties i'm keeping

and it's really to go into something

what what i think is like this is this

is my dream and i never really talk

about my dreams on this channel people

are always like oh what's your number

like when are you going to retire right

this is it like my dream is to build

something for my children to build a

company

that my children can work for if they

want to uh to build equity in a company

that's mine and not just other people's

companies in the stock market uh and my

goal is to to really see something that

i could take from uh you know let's say

i don't know 50 million dollars and and

turn it into a 500 million dollar

company turn that into can we then turn

that into a five billion dollar company

before i die

right that's that's my dream that's my

goal so if people are wondering like

what's my goal it's that uh and i really

think i really admire by the way is

people like oh well how are you gonna

get paid for this or whatever and my my

thought is i really want to pull an elon

strategy where uh i i take zero salary

like if the company doesn't make money

we don't make money there's no like

dilution day one it's like we invest one

to one in this deal right uh that's

that's my vision and my dream and and

that at some point in the future then if

if i can uh you know take the valuation

from 50 million dollars to 200 million

after an ipo like i want to ipo this

thing that's my dream i want to ring the

bell with this company well then maybe

they're like some stock options or

whatever that's that's sort of my thesis

is like i make money when we on on

doubles or quadruples right so that's my

dream and uh and i don't want this to be

like uh you know kind of like a

you know crazy like valuation where it's

like a meme stock or something like that

i really want to build this as something

that's like my admiration would be like

a warren buffett berkshire hathaway

style just slow and steady you know what

you want to do you've got the time

horizon to do it got the skills to do it

in real estate and the plans and the

know-how i'm excited so that's another

reason that i sold a lot of my real

estate is to really go into that and i

know some people like why would you sell

real estate to go into real estate well

because it's it's going from personal

real estate into company real estate uh

and and this business opportunity and

building out the sas biz whatever right

so anyway okay there's a complete update

and all my thesis uh injustice straight

up chat time you and me i hope you liked

it if you like these kind of discussions

you know i like doing things like this

with my course members as well i don't

know if uh people on youtube like this

versus like all the charts and the data

and just give me the news give me the

info but i just thought i owed you a

one-to-one and

here it is thanks for watching goodbye