quit
Hey everyone me kevin here for the temporary future. Unfortunately, i am disabling comments on my channel now. This might be very disappointing to many of you and i understand that because i feel like we've built a community, but unfortunately i've reached a very, very ugly corner. I have three choices in my opinion.
I could either do number one. What most people on the internet do stop being transparent? Have a public and a private portfolio diamond hand with everybody, the public one and do whatever i want in private? That's option one, but that would be disingenuous and dishonest. In my opinion, option number two: i could stop posting because why? Post, if everybody's mad at you option number three, is i get disabled comments and because i'm a big fan of not leaving and continuing to provide the truth, even though it's not what people want to hear. It's what i believe and i believe that the market is going to fall substantially over the next year and i'm going to be posting a uh.
Well, i really didn't plan on doing this, but i made a uh video explaining market cycles. Brief video. Oh it's! 35 minutes, but a video for uh course members and i'm going to be making that public just so, you could see a little bit more of where my head was about five days ago and then i'd be planned. I plan to be releasing more updates because things are continuing to change and, unfortunately, they're not changing for the better, so i'm going gon na be continuing to provide content.
But again i have three choices: number one, stop being transparent; number two, stop posting at all or number three disable the comments. Now you might think why not just keep posting and leave the comments on that doesn't make sense kevin. That's because i literally check the comments. Every five minutes, because i love hearing your perspective and i can't go through the bots and all the trolls and actually feel happy about posting content or researching content, because the content that matters most in our society right now is, unfortunately hated.
So if you want that insight and that information you're welcome to stick around, of course, and we'll bring the comments section back as soon as possible, yeah, otherwise uh, oh well, it was nice uh having you while i had you uh. Some of you all might also be wondering uh. Why uh i'm not on millennial money? I've decided that the best thing for the channel is the in-person podcast format. Now some of you might think that this is convenient timing with what else is happening, but based on my conversations with millennial money in the group - and it was my idea - i think it's best - to have an in-person format for millennial money and hopefully i can join It maybe once or twice every couple months or so we'll see it just means i have to travel to vegas.
So that's all i got, but i will be posting that uh 35 minute video - i don't know - maybe an hour or so i give it a little space between these two and uh i'll still be here for market open and close. If that's what you all want, i'm not leaving uh! This is obviously a very difficult decision, but uh you know i'd love to be making a video right now going hey everyone, i'm all in. Oh, i messed up missed out on the 10 rally. Oh no! I screwed up uh but uh. First of all, i'd still be down more right now had i not sold uh, but that's not a laughing matter because it sucks, because the market is, in my opinion, going to go down substantially more uh, full transparency. The only short i have is about a 50 000 lucid position. I know people are saying: oh kevin's got margin called, never been margin called my life. People are like oh kevin's, just short the market.
That's not true! I i don't know what to do other than provide the best transparency that i can so i'm just gon na keep doing my best and uh. I know this difficult time will pass eventually uh, not just for the market, but also for the channel. So i look forward to going back to the moon and for those folks who are confused about why this seems so different from the psychology of money that we talk about uh, it's uh, it's not that different. In fact, it's directly related because when you are in a cyclical bull market, you buy the dip when you are entering a bear market.
You stop stay tuned for the 35 minute video that will provide a lot more color on the business cycle, which is something nobody talks about really here real estate cycle business cycle. It's, i think, a transparent, useful, video and uh you'll like it, maybe or not. I'm just gon na do my best anyway, right now only uh course members have access to it, but i'm gon na make it public. It's got uh yeah, whatever all right, thanks for watching bye,.