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 gon na 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 gon na 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 gon na 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.