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.

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