Hey everyone me kevin here, so i have some news: it's it's not exactly the best of news, but it's definitely news uh. It has to do with real estate, but i also want to just give a little extra perspective on stonks, okay, so just quickly the perspective on stonks and then the perspective on real estate. Remember like i'm, not always right uh. I do my best, though, to try to provide perspective that i think will be useful to you as quickly as possible and as functionally as possible.

So back in january i said i would sell uh my real estate because i thought the real estate market was going to start crumbling. Okay, we'll have an update on that. I also talked about it. Thanks man appreciate it, i got it on turo bro.

You saw that take that 0 to 60 man. I love it. Thank you. Man, we'll see you man thanks so uh.

Okay, we talked about how, with the stock market, the big fear that i had was a wage price spiral because a wage price - let's let's go bro, let's go a wage price spiral - is something that would absolutely destroy this economy. We will go back to the early 80s and we will get paul volckered if there is a wage price spiral. The good news is, we don't have a wage price spiral right now we have a whole host of other problems, inflation's not going down as fast as we'd, like you know, jpows being a little first. The irs takes fifty percent of your money and then j pal comes to take the other, fifty percent and you're left with zero, because that's how math works but anyway, so uh no wage price spiral.

It was was my intention for getting back in the market right. Obviously, the market has decayed about another, what six percent uh since the bottom that i got back in on it, and so i've taken some attendees i've taken some else, uh all in all, probably break even right now, including losses on some of my recent options. Just want to give you an update on that and try to be transparent, because i took some nice tendes on things like apple and then phase and stuff whatever, okay, so that's stocks. I still believe that to be true, we don't have the wage price spiral.

We we have conditions, in my opinion that are set for capitulation, which means more pain coming in the short term uh, but we actually have conditions that are right for growth, really good growth in stocks. I don't know when that exactly is going to be, but i'm i'm not worried, like the the stock indicators that i'm looking at, at least to me, don't suggest paul valkyria. However, i am worried about the real estate market. That is what i am worried about.

I think the stock market has had its fall, okay, plus or minus 10. Here the stock market has had its fault. That's my take. You know somebody could clip me in six months from now and be like.

Ah what a loser. What a at least i got that coupon code on the programs uh! No, i and i really do believe the programs have phenomenal knowledge on building your wealth, especially long term with real estate uh. I think i'm really really good at real estate. I think i'm excellent at stocks, but uh you know i i mean real estate - is - is much easier to time in my opinion, but anyway uh and i teach everything that i know in my real estate courses linked down below.

But here's the thing the real estate market has a little bit of an oopsy dupsy coming. We know that, but what just happened to me: pisses me off: okay out of the like 27 properties that i've got i've sold like 19 of them already. So i'm down to like eight i got you know, i don't know two or three uh, that i've got pretty much on the market right now and then maybe one more to come, and then i'm going to be down to my final five and my final five Are my house, my dad's house, a two projects under renovation and then a house? I have no idea what i'm gon na do with in my neighborhood, but uh right now is sort of an office. I don't tell the hoa that anyway so and if the hoa is watching, i mean i love you, but anyway i just got a phone call and no it wasn't somebody asking for a bundle coupon.

It was somebody who just opened escrow on a property that i have paid off and i'm like please. I want this deal to close, because i want my money because that's going to get me out of margin, then i'm going to zero margin stocks and we like all right we're done so. He calls me he's like yeah kevin, so um the writing's on the wall that i'm about to get laid off and uh. I got ta cancel the deal and i'm like come on.

Oh man, sorry to hear that damn it uh uh, but anyway, so like crap. So now i'm gon na put this place back in the market. I'm just gon na cut the price. Maybe i can start a bidding war if it's low enough and i generally try to like purposefully under list a little bit.

So i sell my properties within a week because i know that if you actually price the property a little bit below where its actual intrinsic value is, you tend to actually sell for more, but real estate agents. Listening right now will nod their heads sellers listening. This right now are like, oh, my god, what a lazy, whatever real estate agents, know the game. Okay, we know we know how to get the most money for places.

That's scary! Okay, that's scary! It's scary! That's it! It's like that's, that's gon na start happening more and more. You combine this with the fact that the washington post just did a whole piece on how amazon over hired they hoarded workers, because they're worried about a worker shortage. Well, if you over hire and then you go into a recession which i think we are in right now, you're screwed now again, i personally, if i think we're in a recession which i think quite frankly, we are because it's very difficult to lap the comps from Last year, i think we'll probably be in a four-quarter long recession, it's kind of going to suck, but i think the market will actually start recovering. I mean this is my crystal ball.

Okay, my crystal ball says the market's going to recover in the second half, we'll still be in a recession, but the market will cover in the second half as the real estate market. You know is like that. You know. Actually that sounds like a roller coaster.

Going up no, no more, like you know, like the geico pig anyway. That's all that's all i wanted to share, along with the fact that you know you can get free crypto every time you trade crypto, which is on sale right now, with ftx, via the link in the description down below check out their trading view. Technical analysis integrations very, very cool and, of course, the programs are building your wealth with an expiring coupon code in the next uh five days, and i don't know, is there anything else to tell you? You know i'm in uh, i'm in the tampa area and a lot of pickup trucks out here. All right, i'll i'll tell you one more thing when i was a child so like 15 and 16., my dream was to have a convertible in florida, especially a self-driving convertible, see the self-driving technology in this yeah.

Look at that! Okay! I love this. I hate convertible. What's up man yo subscribe, man meet kevin on youtube all right, so my dream was to have a convertible because it's hot in florida, but it's not when you're in a convertible and you're cranking the ac. While the windows are open, because you want the cold breeze and you're like i'll pay, the extra dollar in gas - okay, that sounds sounds bad.

Okay, don't do that anyway, i had a convertible uh, the tesla roadster in california, and it sucked okay, you have to basically dress like an eskimo because it's cold. This is like 70 degrees and then you're at 50 miles an hour. It's like this sucks like this blows. This is like i'm driving through an box what the hell! I don't want to do this this, though convertible in la florida, no income taxes, i'm gon na, go shopping for some real estate out here when things hit the poopers.

The time to start saving some money, all right, folks have a good night and good luck see ya.