The Market is Eerily Similar To 2007

Bulls & Bears Show
Saturday, March 3rd

The market is looking eerily similar to 2007, make sure you’re prepared and protected with The Online Trading Academy.


Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

This is a paid program from my training academy stock trading and investing involves a high level of risk and you can lose a significant amount of money on entry canning its personnel did not provide investment advice or make investment recommendations. Nor are they in business transaction trades are directing client accounts. Welcome to bulls the bears out here hosed Adam but this goes back it acted in joy and a great weekend and fired up excited. So many things going up there in the financial markets so many things happening here in the Carolinas and has pumped up and excited the year. As always want to thank our sponsor online trading academy school that teaches the plot trade. And invest in the financial markets. 401 k.s diaries in any cash accounts understand online trading academy school that you itself director and portfolio. Talk to them give them a call 8887508723. At 8887508723. As always in studio coast of the Bulls and Bears senior coach of online trading academy of Brenda monument turbine. Senior coach Steve Champa what's going on champ yeah at the weekend could be beckoned suited you with you guys Jay Adam. Could this the end it was a tough last week down at Disney. Colony and for the show but had a lot of fun down there with the Fam it's really not a vacation at the family trip as we always thought that he is definitely did Disney. Excited a lot of volatility in the markets lots of talk about the way capital preservation short selling. Lot of ground to cover this week I'm excited because. We see these reckon ball facilities we see in the market rally after collapse earlier you know earlier in the but in January mid January. It's an amazing ride that started looking eerily similar 2007. Which Isabel Reagan. For potential collapse so we gotta get those dreaded because capital preservation gonna come Paramount. In the next little bit absolutely and don't forget to head over to FaceBook like resembles a Bear's radio and of course any time 24/7. Call the coach outlined. 877904. Trade if you have a question for senior coach got a question about anything market related sometimes even not market related when he Forsett who would it take your call. 877. 90 portrayed as to ask coach outline. Champ talking about a variety of different things one of the things we're talking about is this market you know the volatility people RC in the ups and downs of this market's movement. Exactly what causes this type of movement what causes this type of you know market you know this is a distraction for some but more importantly. This is this is what we're expecting right now we're getting ready for the next direction. Well we've they had a boat nine years straight up movement in the price of the S&P the Dow the Russell all the major US stock indices. Which is great for the 401K industry people have money in 401 k.s marked the ball over 3% since the collapse the last collapse. The bottom of the market being in march of 2009. And you think about it so. Everything's been go on up as a lot of complacency in the market and we really haven't had any volatility and ultimately means. Dramatic movement in price on a daily or weekly level shorter time swings in other words the higher highs and lower lows less period of time in between. We haven't seen. That's unprecedented history of the US markets that we've had a growth that we've seen in the price of the market the price of the underlying stocks that make up the market. And yet the economy's been flat. We've had no interest rates through fed no inflation. And so the problem is is that what caused the original move out of the collapse of 2008 was a stimulus program where the Federal Reserve steps in goes a bunch of money at the problem. And it causes companies that now have money to work with and try to get the banks lending again because that was a collapse of the banking system back in 2008. And so what happened was there's been no interest rates so people haven't had a place to put. Their money anywhere with a get a return. A dividend stocks think about it where else in the last nine years can you get a return on your money outside of stocks. I mean that's the best return we got a 3% growth in the S&P. Great place to play great place to have your money and so people get complacent. And now we're start to see that the market's gotten overpriced overvalued just got to talk or put interest rates Bakken play. And every time the Fed reserve talks about raising interest rates or into meets at doing that. It causes a little rumble in the stock market people stuck say I can pull my money out of this higher risk position in stocks. But it it interest bearing position because nine get interest rates because the Fed raises rates and so it's over it's and it's a balancing act it's the perfect storm. In Seoul what caused the market to rally in 2009 was a band inaudible hole a stimulus program. Through a lot of money at the problem now here we are they new record high. 2018. We're stuck SE these ball Phillies come back and play we'll get these nice moves in price scare the heck out of a lot of people. Exciting a lot of people depends on how you look at it every everybody's got a different perspective on how to take the volatility. But what does it into realizes as we can see that 23%. Move down and correction again but we did no wait it's it's primed for that. And most of you aren't prepared. And are protected if it happens you gonna get wiped out getting crushed again. Just like in 2008 mets' way. At Bulls and Bears we bang the drum you to have a better plan in place to have an a 41 K and hoping it doesn't go down that is not a good and that's a soccer play. And so our job is to learn the skills or understand. How to stock to incorporate capital preservation into our situation to our nest egg to a forward Kaczur Larry mice that don't in the market does correct. We don't get wiped out we don't given all that we don't turn the winner in two loser possess secure the kiss of death in the markets and if you do that. He admitted to finance Eagles he's at the union for him. While that's one of the biggest things people need to hit their financials there's too many people out there. That aren't even thinking about retirement there's too many people out there that think retirement out of reach. There's there's sane at this next generation symbol never even retire because of just coming out of the gate in debt they're coming out of the gate. Not being aware more importantly they're not paying attends a travesty that the dream is dead the team to build wealth. To have the American dream to live the life you want is dead and see it's not dead. And so for many of us the reason that we believe it's dead is because we go through these economic downturns like in 2002008. And our retirement account it's crushed or gets. Really severely damaged takes using usery bill that and we just inside of them that of the picture of what we get that potentially accomplished. And so for many of us is simply a matter of you learning that these things you can do to protect that money. You know deceptive it's in the whims of the market have the S&P five have to go up due to profit if you're a phone Kate that's the scenario that your. What if you could make money regardless what the mark when upper now. You know that that's how institutions may in my that's how Goldman Sachs as money. You would I can do the same thing what if you could protect against loss on the would you it and no worse than number for the market collapsed. You walked away virtually unscathed there's unscathed as possible. And obviously now had enough capital to continue to live the goals and set the dreams he set he softened defendant long term. C Kenya for the collapse and that's what we really have people get to understand is. Most people don't are ready are prepared and gonna give it all back again and that's a travesty so capital preservation is Paramount. A lot of things you can do listeners. Protect you and your family's got to learn the skills and what you do now just a matter of putting in a play for union him mean in your money. Absolutely and online trading academy they understand specifically that people. Are concerned about protecting capital they don't know how to do it they don't know where to begin more importantly they don't even understand the options that they have with their 401 k.s diaries. And isn't wildlife trading academy to sponsor Bulls and Bears as a class specifically on. Capital preservation of as a 500 dollar value class that is taught at their campus I have a few seats to give way to Lester right now you do not want to miss out on this. You wanna pick up your phone you wanna be caller ten. The Taiwanese. The of the phone call 84451. Trade that 84451. Trade for callers tend to twenty the a 500 dollar class specifically on capital preservation. That's 84451. Trade 844. 51878233. Scholars tend to twenty in this 500 dollar class on capital preservation from our sponsor. I'm like treating again you'll 401K and hiring if you're concerned about the markets enough. You do not wanna miss out on this opportunity is a great way to get started more importantly great way to protect 84451. Trade at 844. 51. Trade is that of a chance on Bulls and Bears. Welcome back to blow the heroes at the Cisco. A little bit at Stanford. Death wealth of intelligence like the thing difference absolutely always good times here Bulls and Bears don't forget to head over to FaceBook. Like as a Bulls and Bears radio and of course 447 of you have a question. For senior coach called coach outline. 877904. Trade. Questions can be market related or anything you want Nancy coach 87790. Portrayed. Jan every single week your ambles and there's always have fun I was talking about the markets but the market goes up the market is down. But at times people get concerned in a market like this and they should be. In the market go announces 2009 who markets get ready to have a correction. A lot of people don't know how to capitalize and correction and there's a lot of opportunity in the chaos jobless take a moment how would someone make money in the market falls talk about that while. It's amazing because when I first introduced to the financial markets of the year 2000 and Marcos collapsing member from 1982 to 2000. The market was up thirteen 100% or eighteen years S&P 500 technically was. Not. Fully intact the way it is today but the mark to market as a whole the broad market was up dramatically. I got into the markets the market is falling rock it was collapsing on the or forget it because when I first met somebody who is making money and a down market. I said while what I wanna enter a field where money get crushed I mean everybody that I know has money and forward k.s and they're all just didn't slaughtered right now the markets falling. And their basic and losing money hand over affairs daily because the margins collapse. And asked that question it changed my life is that when someone loses money was ago. And I couldn't answer any city goes to someone else they reported some peace and calm him. That on the one that's on the other side I'm like Goldman Sachs where. I'm gonna take the money from the masses when they don't know what to do. And it was basically that eye opening experience for me where I begin to realize. I didn't have to be smarter than the masses I just had had an older more needed. And so I could basically position myself the profit when they were losing seats. We understand the markets is simply is zero some gain in other words. Wanna dollars loss it's not lost just goes to someone else is transfer. Amazing because it's not about 2008 is the largest transfer of wealth in the history of the financial markets. So you lost money. It's not lost it's lost a year to. But we know where it is this transfer into counseling Goldman Sachs are people like my original minter who understand how to make money regardless of directions so. One of the hardest battles and each for a high so harder Bulls and Bears to stresses to our listeners. Is that up is good and down as good. In the financial markets you can profit either way. And once you understand how to make money may when the market falls. It's a game changer it puts you at a much higher probability scenario to reach your goals and guess what. You have to be Smart to do it he's gonna learn the skill and it's not difficult it is different. And yet that's exactly it is that difficult that's different and a lot of individuals don't understand that a lot of individuals understand really what that means. The market is not difficult it's it is different and if you understand how to short sell. Capitalizing a downward move in the market. To be game changer you're no longer afterward about direction they're somebody listening this right now they laid out every single night to probably in their sixties. The other get ready for retirement or in retirement and they're scared to death and if the market collapse and if they only knew out of short sell. They would lose its. They could profit from that same movement down and it would be no different of the market went up for them see when something moves in price is an opportunity to profit from that. So up as good down with that sort of gave an example what short selling selling shall look like with a is stuck like GE. General Electric stock has been kind of beat down lately get this year's stock right now on fourteen dolls this year between 1415. Associates say fourteen dolls per share if you believe that he was at fourteen dollars share I was gonna go to ten. Mr. save for some reason you believe ten dolls of where all the demand was gonna kick back in impression gonna fall that point. And you wanted to profit from that for all moved down from fourteen down to ten. You can do it. You simply do my shorting was short selling GE stock is what that means. One of the hardest things that people have or a hard time comprehending is when we talk about short selling is that. You're selling something that you don't know. People have a hard time grasping that and so when you open a brokerage account financial markets. Your broker might have a inventory of that stocks Alicia say GE was at fourteen bucks a share. You decide you thought it was gonna go to ten you wanted to make that for all of the share on the four all moves from fourteen down to ten. While one of the things you can usually go to the markets you can utilize the broken that you're currently have an account with. And use their inventory to sell the stock when it's at fourteen other words you can short the stock which means. You brokers allowing you to use their inventory of GE stock because you don't opponent you've never bought necessarily. You're selling so you don't over to broker owns and they want you to sell because they get paid a commission that the transaction for them. And they charge you transaction but what they allow you to do was sell shares into the market fourteen dollars a share even though you don't own them. On your behalf. So they're allowing you to use their stock to sell to someone else and we don't do buys it at fourteen bucks or she is do you sell the shares into the market at fourteen. The day inventory leaves your broker's inventory goes into the market the money comes in a year count now listen carefully you can use that money. Could you just sold 200 shares at fourteen dollars a share that 2800 dollars in the coming year count if it does mean your account you can use its. Because you're now have Dubai this year is back because you sold them at fourteen to enter the trade. Your goal is to buy packets and because when he gets to ten when you buy back immediately when you buyback goes red bikini broke his inventory. Sowers you utilize their shares you sold at fourteen went Felton your bottom backed them only about a back this year when Rebecca and he inventory. You can to keep the four bucks a share. On a hundred changes made for a box. On a thousand she's just made four grand on afford all moved down in the stock that you never owned. That's shorting that's all it is folks over thinking it. And what's great about it is that when you start to understand that the markets the exact same when it goes up or down the opportunities the same. He really take to the next level financially when it doesn't lodges not lay awake at night like you spoke about those people that where it scared death but the market collapse and and understand there's always an opportunity in the chaos the system out of Oakland skilled short so. Exactly exactly and online trading academy to sponsor Bulls and Bears they understand individuals out there. Want to learn capitalizes downward market they wanna learn the skills and the short side they want to understand how can they make money regardless of direction. And they have a class specifically on this is a 500 dollar value it's taught at the campus on short selling with a few c.s to give away we're gonna take callers fifteen to thirty you do now wanna miss out on this. If the other account in you're concerned about the markets and often you wanna capitalize in the downward move in the market champ this is a huge opportunity you know this I know this we're gonna take callers right now. Fifteen to thirty pick up the phone and I'll call 84451. Trade that they 44. 51 trade for callers fifteen to thirty to get a 500 dollar class specifically on shorting the market from our sponsor online trading academy again if you have money in the market you're concerned about a selloff of the phone. 8445187233. At 84451878233. For caller fifteen to thirty. To get this 500 dollar class gym we allot more to talk about you know law I know it's a game changer when someone get short sell amended truly separates the masses well what's great about it is that this is it going to be you know I have to class of people and actually see how evil about. Setting up that shook position and more important how to profit from moved out with an amazing opportunity for the listeners absolutely taking callers fifteen to thirty that is a 500 dollar value of the phone 84451. Trade. That date for four. 51 trade for callers fifteen at their media 500 dollar class on shorting the market from our sponsor online trading academy 8445187. ET 33. That's 84451878233. For caller fifteen to thirty in this 500 dollar class. I'm shorting the market from our sponsor online training camp once again 844. 51. Trade is that a chance bubbles of bears. Welcome back the bulls the bears and shows that the Cisco have the blast. Good to have everybody back in studio always fun time here in studio Bulls and Bears don't forget to head over to FaceBook like is that bulls and their ratings he allowed the bloopers like. And then go do that folks would pass what you look like. It's it could make it day I mean it could maybe not but it doesn't get us anywhere later. The care we are caricature of me in civilian got a fine staff that was here though. Always be got a question recede coach called coach outlines when he pours seven. At 877904. Trade 877. 904 trade that outlines of a 24 hours any questions for senior coach. And it ends up on a surprise that yeah it's pretty some cool stuff nice teacher at the nice soft soft these stretch here where the winners he had enough pace and not those lousy crappy not a beef eat these as perhaps a teacher that most please give you. So now you know we've we went all out on the Easter it's that's a great cup logo on there. Jim talk about variety of things here Bulls and Bears always have a good time. One of the things that we constantly focused on as the market is not a hobby the market does not gain the market is not anything more. Then a place that people are buying and selling regular basis of small players such as individuals and got institutions. A lot of times though. Individuals people that work in nine to five job the general public people listening in this. They don't realize that the market is a great place to generate additional streams and we talk about ball which are using come. Let's set up this picture what does that look like for somebody's listening right now the average person to generate short term income monthly income from the market. It's amazing opportunity nude at this great vaults of this great price movement intraday. Great trying to be futures trader currency trader because these products allow us use leverage means we can actually enter the financial markets with a very small amount of capital. Control a bigger position size. And if we understand how to manage risk properly make a lot more money less capital. It's so what we love about the markets is that. The movement for a lot of people that make some weary it gives us opportunity if we understand how to profit from it. And we talked earlier about short selling making money when the market falls once you have an understanding and knowledge of economy money consistently. On a short term basis it can be a real real change in financial situation for a lot of people and well a lot of allied treaty Kenya's most of the students that come from the walls of the academy. They came in just looking for a little part time income if I could supplement my comedy Mikell extra money. I'd love to be a make an extra five bucks a month and exits rate of bucks a month. Next a thousand bucks a month and they came in looking for that the way to supplement income. And the markets provided that mean for many people options are an alternative. Again futures currencies we were in the age of the millennial with crypto currencies in big point in. Ethereal as silly theory rather some of these other new currencies that are coming out and I'm a little less inclined news lean in of those at the currencies of the because there's really not a tested track record how to manage risk. You can go to the markets trading currencies or futures or even stocks on the small scale. He can generate a monthly income. And I've seen it happen when I could introduce a financial markets I saw this is a way to supplement my income and my jail bait my job my career. If for many people that's their entry into the financial markets is that they see that they can literally from the comfort of their home generated income if they consistently can make money. And they can learn a good rule based system and that's key and that's Paramount that he just can't open accounts that hit the button expect to make money got have a plan in place. Once you have that plan in place to develop that income and be consistent over time and direction doesn't matter more portly. On the days that you are Robbie figure very small lost doesn't cripple use takes a small pre defined loss. It can really take you the next level and I've seen happen with lots of people so a lot of ties the problem with many people as they think of the word traitor and they get the picture of Gordon Gekko from the movie Walsh Jeter well the guys in the movie trading places exit of this Hollywood picture what do trader is. A trader investors simply somebody who wants to take advantage of a marketplace that's phenomenal right now. If you understand how to actively participate more importantly how to manage risk and you can consistently generate income in that area and not the punch a clock. Man oh man that can help a lot of film is in this country and that's why we love the markets as a social short term income. Well you know what Jim and a lot of people out there that don't know how to trade and not get started. Looking at the market is a place to generate additional income. It's all relative obviously the count sizes in obviously depend on what your results potentially can be but for a lot of people extra couple hundred bucks 50800 bucks a month. The Laviolette the games and some of the best traders and investors that I know that have had the most success over time in the markets. Started out in his spare time trying to make a little income because they saw the opportunity that figure if I can generate some income and not have to leave the company in my home. That could really be take me the next little financing we've seen happen in transition allies in. Really ticket the next level. You know I'd have seen it happen too and you know it's an amazing to watch somebody knows nothing about the market. Did educated learn how to utilize the market generated streaming Cummins stars take their family in a different direction financially. Online trading academy as a class specifically on trading for short term income as classes taught at the campuses the 500 dollar value of what I love is if you bring into the market he'd been in the market for years you're not having consistency either way if you're looking to generate that. Anxious streaming cam for you and your family disease huge opportunity for you it is a 500 dollar class and the few seats to give away. We're gonna take callers right now ten to 284451. Trade that 844. 51 trade because ten to twenty get a 500 art class and short term income from our sponsor online trading academy that date for four. 51872338445187. ET 33 callers ten to twenty. Yeah a 500 dollar class recently on treaty for short term income from our sponsor online trading academy at 844. 51. Of trade is that a champ fumbles in bears. Welcome back the Bulls and Bears a ghost and it does go have a good time always have fun and with the fellas. Don't forget to head over to FaceBook lite gets that Bulls and Bears radio and of course one of my favorite times each week it's time to ask the coach we got a let's the color. Rebecca from Charlotte. I did Rebecca Klein comes your way. 8401. K. And then I hate what the difference between here. Then you have eaten and that might hire. You might want one. Of them. Thanks for the car back a great questions we get those a lot very similar questions people asked about that 41 K. There tax return retirement account that the company sponsors vs an IRA which is an an individual retirement account there are some differences. And you had some good questions and one of the questions was it a difference between its new all the forward Kay's company sponsors so. In the place of employment traditionally will offer that use the try to sell you as a benefit but ultimately it's more of a benefit for Wall Street that is for most people who have 401 k's because. Ultimately when you look at the way the fee structures set up a lot of people wanna paying a whole lot of fees have been I'm aware of and me to the tune of I mean there's been all kinds estimates where. Up to 50% of any profitability that you make in the attic count over the course of 25 with thirty investing life. Will be paid in fees I've heard the numbers high is or skewed as low as on the low end of the spectrum 155000. Dollars will be paid to. The administrator over the company that manages the forward K 155000. Dolls over 25 to thirty year investing lifetime so. We talk about the devices via forward K and diary and I areas of the you can set up individually. They have similar benefits to it which means that they're both tax deferred other words you won't pay taxes on those accounts. But he take money later on in the in the form of a distribution. So you won't pay on the contribution. Kabila take the money pretax and put into that account but ultimately by the time you reach 59 and a half we choose to war. You required to by the time a seven you have to start take distributions out of that count because the government wants to get the taxes and they gonna charge you taxes that you take that money out. The lifestyle in Iran now one of the benefits of having an iron a Versa forward k.s that you get a lot of times do better in the fee structure and so what I love about. The focus of many people which is now learning the skills of self directing their money is that the diaries agreed instrument that we can use. To managing grow or retirement account. And unlike in a 401K and higher it is things that we can do that we can't in the traditional four K things like. Make money when the market goes down the problem with a 41 K the inherent issue within it. Is that you traditionally hold mutual funds in those positions in forward case in mutual funds only make money when the market goes up. So of the S and p.'s going the Dow's going up in your ride that wave up that's great but. When the market falls or collapses. A lot of times you turn that winner into illusion of the widget not. Position to be able to get out of that get out of that trader that opportunity quickly so you give a lot of those gains back to take on too much risk on the downside. Where an IRA we could still get those same nice tax deferred benefits a lot of people look for. But ultimately we can use things like futures and things like currencies within the diary which allow us to protect and hedge against loss in more portly. Profit regardless of direction. So if you gonna use and higher -- my recommendation and we're not really allowed to make recommendations as far as compliance is concerned but. I would. Refer do you affect the you can basically in the skills of self directed in that diary in other words you can take their money it's an entire day. It's been six at 101000 miles and learn the skills. Of making better decisions. Have the bill enemy money with a mart was up or down a more importantly not pay those exorbitant fees. And the great thing is is that it's a learned skill over time to get really good today you can grow wealth. Ultimately in that account simply by getting some sort of a compound in growth curve a compound in return and that account. So there's a lot of opportunities out there for people when they learned that they can. Actually self direct their own retirement. As the post is living in a 41 K. Because the benefits far away the 41 K and ultimately if you learn the skill we believe you have a much better return for your money and more importantly. Be able protect against loss when your wrong when the mark goes against you so hopefully that helped you out. Great question Rebecca it will be said yen as Deepak as well and hopefully that helps on the list as well because many people have that same question about. Forward Caver desire a and hopefully that couldn't afford it could be good to hear from. Well you know we do appreciate your call Rebecca you know chip a lot of people have questions about that a lot times people leave an employer that I have little 41 K they don't understand. What should they rolled into their new 41 case they rolled into a self directed hire a lot of times you have questions ultimately about their portfolio and that's why we always talk about self directed. Champ but what separates that person who does and loses their own money vs Summers has given it to them broker. Well first and foremost we see. Of the the question I ask people all the time is how many people do you know who got wealthy in the 41 K I'm talking seven figure network. Very rare if at all and if they did it just give him another two weeks in the market are 15% in give a big tournament back. See the focus of understanding success in the markets is that you need to proffer regardless the direction of market conditions. And many times and are made situations we've just given him money to some management. Company like Morgan Stanley year Edward Jones are you put in a 41 K that's money under management. You don't make money one direction. If you lose you take the full brunt of a lawsuit goes against you and ultimately you wanna get a fee to death. Many people on 6101000 mark could learn the skills on their own level. Where they can make better decisions we believe in more importantly not pay those fees and grow that account ago some art direction. It's a game changer when you're in the ski as a softer I think that's available to anybody listen to. Exactly and online trading academy they know a lot of people out there want to manage their own money nobody cares more about your money that you and that's and have a class specifically on self drinking. There's a class not right at the campus is the 500 dollar value we'll have a few seats to give away and every time we give way your Bulls and Bears the phones light up you do not want to miss out on this. If you are in the market you're not managing you know money and you wanna start self directed. Pick up the phone be callers ten. Did want a pick up the phone call 84451. Trade that the 84451. Trade for callers ten to twenty to get a 500 dollar class specifically on. Capital preservation from our sponsor online trading academy. That's 8445187233844518782. 33 for scholars tend to twenty to get this 500 dollar class specifically on. Capital preservation from our sponsor online trading academy once again if you wanna managerial money nobody cares about like you do. Self directed as a 500 dollar class 84451. Trade does that mean champ a Bulls and Bears. Welcome back the bulls the bears that are as data that this the collapse. Always the last old school top gun music all of them relatives and yes he's out there he is he still make your money in. Still really credited look at. Is Lou but the big wallet and I mean he does it today and you 4050 billion of the pictures you know. I'm back do want a nugget yen. That the ships don't forget to head over to FaceBook like is that bulls bears radio and of course 4470 got a question proceed coached on the coach outline. 8779. Israel portrayed. Chipped out about variety of things one of the biggest misconceptions people have about financial markets. Is it too many people tree as a hobby and not a business and when I meet professionals that are treaties in the market. I've never met one that says they do have won him that one that's as try and now I meet people that are in the market that tree as a business a lot of people want to treat the market is business. They're not be yen I don't know where it started was taken almost talk about treaty as a business. Willis is the reason why some new sort of business first and foremost to build equity to owned something to have something that continues to grow on values that you work for. Most people working JOB and somebody else has the equity you might get a little peace and shares her. He knows shares this view but ultimately you know decision making ability no real equity in the put in the position. So people love to build equity is the American dream they wanna be their own boss it was at their own schedule is a lot of reasons why some new start a business and for many of you start businesses small business owners that the the bill Hartley this attitude they employ the masses of this country. But for most points in most times. When you on the business the business owns you. You know wanna talk about this summer driving down the road right now I got Arizona Tapia truck you are small business owner you're chasing money your contract you chatty people to pay it. Guys aren't showing up for work. I give it my heart goes out Tia I empathize with the year yet inventory of people literally money. Welcome to the party pal that's business in America and has a lot of ways that you can build a business in America. But if you could build a business that had all the upside opportunity potentially. Without a lot of traditional headaches that start most businesses like we'll first we'll start up costs mean. You know capital have a lease the building have an ex house inventory your employees staff workers comp I mean insurance. All that. You know I love about the financial markets I go to my computer tech info on an account. In a formal little smarter than the masses and it's really not that hard to be Smart in the masses I can consistently make money is a trader investor. I can involve the upside a construction as a business I can take benefits like a business second corporate myself like a business. Have all the upside opportunity that any business owner has and the deal workers' comp employees staff liability issues. Dealing with customers selling a product. None of that is available under the do any of that. I can literally sit in my computer I need to sell something. There's millions of people to pay before right now funny to buy something at a price of Bible is going to be as he allowed to make a profit. His knees if you wanna sell me right now think of that. Think that opportunities the American dream. It's alive and well it's trading and investing. And a lot of people don't understand it because they think at some magical mystical thing that only intellectuals or analysts are mathematicians are good at. So the most successful traders and investors I know you would higher pump gas or not that Smart but they've learned skill. They learned a system that separated him from the masses and he money can Sicily in the markets we do is a business think of that. The American dream it's alive and well. And it's right here. In the trading and investing it absolutely is that there's a lot of people out there that have wanted to create a business like what you said chip that created businesses that it is never utilized the financial markets decreed that business. And online trading academy a sponsor Bulls and Bears they know people want to create businesses they also want to have control that business. And the financial markets can be that business with the start with a small account couple thousand dollars we have large amounts of money to work with it depends on you the individual. Online trading academy teaches the class specifically on treaty as the businesses of the 500 dollar value every time we give this away your rumbles of bears the phones light up only a few seats to give away the 500 dollar class. We're gonna take callers fifteen to thirty pick up the phone right now and call 84451. Trade that they Bork Bork. 51 trade for callers fifteen to thirty to get a 500 dollar class specifically on. Treaty as a business from our sponsor on line treaty again at 8445187230. Theory. 84 or 51871833. For callers fifteen to thirty to get this 500 dollar class from online trading academy. I'm treating as a business some of you want that business some of you are trying to figure out how to start the business this is the opportunity for you 844. Hi Ivo wide trade champ appreciate you being here.