News Is Moving The Emotions Of The Market

Bulls & Bears Show
Saturday, August 12th

News is moving the emotions of the markets and Online Trading Academy will help you keep your money.


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 on 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 treating academies will the teaches people treat. 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 88875080s. That in twenty theory. As always in studio cohost of the Bulls and Bears senior coach online trading academy a friend of mine an interim nineteen coached the triple with go to. Yeah that's a weekend man Los talked about in the market was kind of on a roller coaster ride last week. We get things going on with North Korea. To soak up as a news is kind of move and emotion in the markets because of the marketing it'll wacky. I believe that the listeners are. Really attitude that a lot because we're gonna talk a little bit about capital preservation as delegates are here because for many of them their concern I mean people always say enemy and I know he was well. When the Smart gonna class because it's been going up for so long and it's a record highs. It's not a matter of if folks who matter wind so we're gonna have to have a discussion about how to protect and preserve what you have. Game back since the park collapsed in 2008 and I think that'll really help a lot of people hopefully get on path for anticipating that move down in price. Exactly we got a lot to talk about and as always go over FaceBook. Like I said Bulls and Bears radio and of course at any time you're in the show any time during the week. Got a question for senior coach called the coach outline an 877904. Trade. Champ talking about a variety of things one of the things we always talk about here on Bulls and Bears is understanding that preserving capital is Paramount. No matter what Ager had no matter where you're at financially understand how to protect and preserve is something that a lot of people need to do. The traditional person the traditional. You know person guy or gal an as a job as a 41 K here and higher pay and got money earmarked for retirement they don't know how to protect it on the market corrects let's talk about camp. While it's essential because what we believe in here bulls can be as we speak this costly bank that from. That you have to be ready for it correction in the market which had. Since 2000 that we've had about eight years or straight up market movement in the S&P 500 in the Dow in the NASDAQ. And that what that means technically for most people listening is that. You got money in a 41 K you'd traditionally whatever sitting in your 401K matches the performance of the broad market the S&P the Dow the NASDAQ. So they're up 2% to 30% technically from the Lowell march of 092009. So now marks above 200% the problem is is that your fourth case not up to 100%. Yet most of your positions tracked the S&P BS and p.'s up you're not up and one of the reasons is because. You pay fees you pay commissions you pay load fees really redemption fees all these things into into. Having somebody manage your money those are all eating up any profitability at. Now what's important realizes that. We look at the market it's cart price I mean yes impede the doubt easier near record highs all time highs back to the eighteen hundreds I mean the market's been around long time. And yet people still buying. I mean every fourteen days a lot of listeners in your 401K you buy shares of mutual funds as part of your investment. Program. Here long term re you know nest egg program your forward Kei program retirement in your buying at the highest prices in history. That's really not a good time to be a buyer at the highest high of all time so we have to have a discussion because. We look at what the value of the market is and I have a good friend of mine I had an idea Billy and have lunch with him this guy's CF flow and he's is CPA to guys very Welch ended in the financial markets. He was talking about how he can't see how this marking go any higher because of the valuations and I was things are already priced too high. All the stocks in the market price too high and when that happens is price has the correct. The problem is Adam as you well know many to list is when that correction comes they give profit back in Ottawa's they've made money. In the last eight years as the market's going higher but if we get that correction that significant move down the gonna lose it all back or big chunk of it. And the problem is that you can't afford it those big losses that you'll never get too long term goals so capital preservation becomes Paramount. And many of the people little listen to have four in case you don't know how to or you if you can protect the money that account and the answers yes you can. But this simple things just to learn how to do and what we love bubbles the bears when you're trying to get to the C depiction it. You can protect that money regards with the market does capital preservation is Paramount to you hitting a long term goals. And that goes hand in hand with the new antibodies in the market it doesn't matter your age having a lot of people just because they're in their thirties their forties. They don't think the focusing on their 41 K or their retirement accounts would work is something that they need to be doing. And the reality is if you do you focus on it regardless of what major. You don't take a major hit the next correction Italy and was catapulted into the next level financially where a lot of the park on. And a lot of times that's the step that they need to get towards that the goal ultimately retire and and being able to catapulted compound that growth means you can take big losses this. The math doesn't work we take a significant loss in your 41 K. It might CQ 567810. Years to recover at a week you work but my ten years older. And we have literally probably 25 to thirty investing years in our work life to really build for the future increase that mistake. And if you have to take ten years give back to where you were ten years ago. That is not a good playing you're never gonna recent retirement goal or that number is now lie you know eventually. Below us stop war and about money one of the great things about money is is that if you have too much you know if the way about it but most people say money's a source of inside it's always because. They don't have enough so we can protect the preservatives lost me who can hit that goal we can eventually not have to think about money long term. And do the things we really wanna do with the time that all that money affords us while the neat thing is once you learn how to do that you don't have to worry about the market correct you know there's individuals out there. Typically the more mature folks that are out there 506070 years old. You go to bed at night worrying about the market corrected once this thing and turn what should I be doing should be going to catch. All of these things come into play for preservation of capital and the reality is that they just simply understood how to get educated. And take that education putting it in play with whatever type of account they have forward Kay hire me. Next thing you know they don't have that concern anymore absolutely and it's not really not complicated process we do get educated. It's using simple things like options which can protect and preserve our nesting they're used as insurance against loss in the stock market. There's so many ways we can use futures are inverse ETFs exchange traded funds that allows to profit when the market falls. Rather when it goes up there's so many ways we can play the market to allow us to get good returns. And yet protect and preserve against big loss and that's the key to long term success win often. Never lose big if I can win often and never lose big I'll eventually get Michael's financially problem is many via the foreign case you win often. But you can lose huge and that's the problem and if you don't understand capital preservation becomes Paramount that you stuck to understand that or you'll never vehicles long term goals exactly an online trading academy the sponsor Bulls and Bears they understand individuals. Are concerned about protecting their accounts that don't understand tree capital preservation. That's why the school as a class specifically on capital preservation is a 500 dollar value and able to get a few seats to give away that listeners. We're gonna open up the line right now we're at take callers ten to twenty on the phone call 84451. Trade at 84451. Trade for callers ten to twenty. To get a 500 dollar class specifically on capital preservation from our sponsor. Online trading again. That number's 8445187233. 84451878233. For callers ten to twenty in this 500 dollar but you do not want to miss out on this again via retirement account if you're concerned about that. Market correcting itself you do not wanna lose 2030%. Of the phone call 84451. Trade at 844. 51. Trade does that ever champ a Bulls and Bears. Welcome back. And fitness and this is welcome tells. Since it's that classic classic Kia classic man Britain red fox played Fred G Sanford classic understood the. Game of buy low sell high that's dollar comes down les element to learn how to be better in the markets. Buy low sell high you do that you'll be you'll do great promise promises the average person's attitude that way and they don't know willow has her eyes if you knew what I was you would be Biden and forward care right now at the highest prices it is streets though. Just a simple process but. Fred Sanford was definitely an icon and I'm absolutely absolutely. Chip talk about variety of things one of the things that we like to talk about is understanding that individuals actually have opportunity. When it comes to the market a lot of people don't realize that a 401K earn IRA or maybe to some money that's earmarked for retirement a lot of people don't think that they can do anything they think. That the company set it up Foreman again be hands off because that's the way it's supposed to be just. Every paycheck as money isn't it Jim was take a moment let's break it down for an individual what does it look like if someone was to manage their own money. We call itself directing. You understand it is Paramount if anyone can actually be able to take controller on it long term nobody cares more about human. Well let me ask you question you listeners out there. Who'd you know getting wealthy in a 41 K. We know building wealth like literally hundreds of millions of dollars of growth in the four decades doesn't exist that's virtually nonexistent. Yet everybody's focused on the foreign K as the vehicle to get them to long term success. And the problem is is that inherent in the forward k.'s first of loyal to make money one direction. Bargain has to go up traditionally tied to the stock market the US stock markets of this US stock mart goes up before rookie goes out of goes down yours goes down. Pretty simple. Problem is is that you have to cover the fees associated with managing an account so rested up a certain amounts in a -- to make Mason go up. But the debt doesn't open up to cover the costs. Of having somebody miss that money you'll lose money you know Margo. So it only just the only can make money long term reform case for significant growth significant move higher in price in the markets and if we look historically. At the US stock market goes up half the time and down half the time. It's a valuation proposition which means that things get overvalued to get price to die. Things get undervalued to get priced too low. And eventually find their fair value it's the same in the stock market. So if you're in a 41 K Europe position of investment is tracking the S&P 500 and it goes up half the time. Which means that you got about a 50% probability long term making money and about a fitness and probably long term and not make him. So that's a gamble. We don't wanna play that way so what we talk about learning the skills of self directing or managing your own money. First of all you don't have to pay those fees which eat up profitability. In your account and the youth in plea business research institute the EB RI has basically stated that. The average personal spat will lose 50% 50%. Of the prophet in your phone cable goal eaten up by fees. Over 25 to thirty time Harris 50%. Covers fees. Which means that you've got to have a chance of making money as Smart as a half the time averages an army money you gotta pay those fees regardless of whether you make money or not. That's inherent in the system. And yet you take all the risk. That is not a good scenario. For long term success so we talk about self directed a team patrol that money. Imagine if you could make money regardless with a market went up or down. Again and have to pay those associated fees which churn and burn up your profitability think that. And imagine you do six to ten hours a month because that's what we're talking about. It's a game changer and a lot of people especially the baby boomers and you know all the way down the millennial they're starting to realize that they need to take control their money in their resources because. They don't know anybody in a full McCain is really nothing out of the park with that long term growth. That they are looking for so we have the ability or learn the skill to self direct our money. It gives us a much higher chance to hit our goals. And direction the market doesn't matter and winner of the gate crashed in fees. It's a no brainer a lot of people which is why many many people are coming to the conclusion that they need to learn the skills to self direct. While self directed essentially sets her apart from the masses what I love about that is Jim you talk about these fees and a lot of time if you don't understand exactly what their fees are they. In the service will be where they're getting paid but again defeat from fidelity years while whatever may be X percent for their count. But an undisclosed fees fees that are now that's disclose to him at the time of enrollment. And they don't understand how does he knows he's. You start to sell direct stop pain that these assembly of the sets like replied. Absolutely and the only the only cost you have as execution costs which. You paid those anyway if somebody's manage your money but you're not paying those exorbitant fees. It's amazing because when we look at it 25 to thirty year time horizon the average 401K hold will spend a 155000. Dollars in fees. It gets paid ride out to that Wall Street institution because that's who's managing your 41 K it is a Wall Street and Steve Goldman Sachs UBS TA craft. They're getting paid those fees regardless of what you make money or not of the market collapses that you lose 50% of your nest egg. Two years before you retire you're paying fees anyway. Who set that apple is set up by a Wall Street is they give the misinformation that you're not Smart enough to separate human you don't have the steel set and that's a bunch of bunk. He really is I've seen people dumber than you whoever's listening to me a promising yet. That have learned the skills of self directed and growing their wealth consistent regards the direction the market and not get crushed in fees. It's simply a decision. Once you make the decision now now it's a matter of having some become alongside your learning system. Where you can basically be able to profit regardless of direction more portly. You can set to get that compounding growth in your account which eventually you know the goals that we talk about the first session when many people fall short you'll be able recent financial goals set for human family. Well that's what a lot of work trying to do trying to set themselves up so they can be ready for firemen. Lot of people wait too long like before they start self correcting a meat individuals and others are self correcting in the late fifties early sixties and I would just started. You know out of my forties there's never wrong time to get started there's only a wrong time and Italy are and that's the biggest issue for a lot of people chip you know this thing first and self correcting it absolutely does can be games bird and while and you know and and I hear these people that are on the radio and on TV soliciting. People's money today put two and an annuity. That's one of the most frustrating things I hear about because. If somebody gets you an annuity some insurance salesman sells you were to some long term annuity it's gonna give you a fixed income C 3% annual return. First of all few percent can be enough for you to basically live off of it as a how much of a balky you have a bigger but you have to start with but more importantly. They're paying your pin upfront sales costs or commission of anywhere from five to 10% when you go and annuity. And you can't touch your own money. They tie up your money for twenty years. You have no liquidity if you wanted to access that money in any way you have to violate the terms in duty and you have to pay a surrender charge for your own money. And year you can do better yourself this so things that we can show you. Whether you can learn in a systematic approach to making good decisions in the market that'll I you'd get the return of an annuity a guaranteed return or or an annualized return. Without pin all those fees it's amazing it's just a matter of taken steps to learn how to self direct. Exactly and online trading academy the sponsor Bulls and Bears have a class specifically on self directing it's a 500 dollar values are right at the campus. It's a class for someone maybe you've never been in the market maybe you have been in the market but you've never controlled your own accounts understand a 41 K and hiring these are things that can be self directed. This is a great opportunity for those who have those type of accounts there's a 500 are clashing you don't want to miss out on this via the phone right now we're gonna take callers fifteen to thirty feet of a phone call 844. 51 trade that 844. 51 trade for caller fifteen to thirty B to 500 dollar class itself directing your portfolio from online treat academy regardless of account ties you do not want to miss out on this 844. Five point 878233. That's 84451878233. For caller fifteen to thirty to get this 500 dollar class that's 84451. Trade is that a champ on Bulls and Bears. Welcome back the bulls the bears have arrows at the Cisco advocates that edit the glass is always. Don't forget to head over to FaceBook in light guess apples and Bear's radio and of course at any time. During the show anytime during the week 24/7 got a question for senior coach. College coach outline and ask the coach 877904. Trade at 877. 90 portrayed champ people can call in seven days a week 24 hours today and ask you questions. And the great thing is is they'll put it in plain English voice you can understand the question you know one of the things that a lot of people have issues with the as they don't really understand the state Manson in earnest in the market. We're all about minimize and is down to three inches of water to make it simple for the masses to understand the way the financial markets where it's simply a money game. To bail it out of play absolutely need to bulls or bears price tag just the DT shirts Kevin labs are literally adults just peacefully as symbols of bears some great lessons from. How to manage money you know capital preservation some of things we discussions shows so. We got a thumb drive would put it there they can get through a lot of lessons 88 by ten glossy. So I don't know if that would add and I got to show went on like that I'd doubt no thank you know what the volume op she wants aside he dove out of battery earth. But she'd know. CNET dot about a variety of things always navigate to arrive here bulls the bears. He had no idea understanding that a lot of people the general public the majority of the people out there elicited this should be asking the question. Are you a trader. Dances now they have no idea what that really means they don't understand what treaty is it understandable why they would want to trade because immediately they quarterly trading with risk. Obviously the interest in the market but a lot of times when you meet investors someone's who's in it for the long haul. They too would like to take opportunities on a shorter time frame when I wanna do I want to take a few minutes I want a breakdown why someone would. C a trade but be trade for cash flow monthly. While it's interesting because. The difference between a trader and investor it's a very thin line the very real time the problem is we talk about traitor if you ask the average person. What's a traitor they really don't have a reference point they don't know anybody successfully in the markets. They don't know anybody makes a living out of markets that's Fisher. And so they go to Hollywood they think of the movie Wall Street of the willful Wall Street or. The guy's movie trading places and that's the picture that society has of the trader. That couldn't be further from the truth for many people mean when I first get introduced to the markets back in 2000 the first guy I met was a guy met at church. And he was Megan might trade options in just Livan is normal life he never went to work which inspired me because I'd like if I could make my living and not leave the house what do way to go. And I got really intrigued by the opportunity that the markets provided me forgive me a better lifestyle. Morning com what time time freedom so we talk about that have been trader investor. We're looking for the same types opportunities those who wanna buy low and sell high we talked about that. However we have the know what is low and what is high that's part of a process of being successful markets. But ultimately if we could learn the skills on a long term basis to be good investor we can that transfer that same skill set it's a short term shorter time frames. And making income in the markets and why wouldn't. It's the same scale so many people I love on like Cheney can because when people come and Arquette in many times their whole goal is to. Protect and preserve against loss and I was they got money in a 41 K and IRA mean they got money in the market somewhere and it's going to crust and collapse of the market. And they commit with the whole goal of learning how to preserve capital but then they see the steel said that they can use. The same skills that that using to protect and preserve capital they can use in a short time frame it makes an income. It becomes a no brainer that there's such a committal money to a consistent basis to try to make some daily weekly income. You know what then assert that the cap comes off because it allows you'd have profit regardless the direction the market as we talked about earlier and more importantly. It gives you that extra steam income we can't costly speak of multiple streams of income. In other words if you've only got one source income and you lose that source of income were already you do in the awarding a no win in no boat no nope nope Alan noble older. He just sit neck. So if you don't have a skill set built around being able to generate income. In more than one way then you're going to be in a tough spot if you lose that may seem income the markets can provide for a lot of people in their spare time that other streaming income. Where everything goes bump in the night he still got that stream income coming in because you develop the skill. And the ability to generate income from the markets and I've met a lot of people that have learned the skilled at don't have a high IQ necessarily. But have been able follow system in the plan and what's great about that is once they learn the skill. It stayed them forever and they can generate income consistently. And that's a real real long term goal for a lot of people to get that lifestyle where they want to and the marks can provide for. We'll champ you and I talked about multiple streams income all the time and having a second or third stream income for the household for the family that's Paramount in getting some where they need to be. Online trading academy they teach a class specifically on multiple streams of income trading for cash flow generating that second or third streaming them for the family. There's a 500 dollar class taught right at the campus you do not want to miss out on this. This is the game changer you're branded as a marketer may even in the market you just don't have that consistency that you're looking for if you don't want to miss out on this we have a few seats to give away. We're gonna take callers tend to twenty pick up the phone right now and call. 84451. Trade at 84451. Trait for colors tend to twenty to get a 500 dollar class specifically on. Trading for it trading for additional income you do not want to miss out on this is a 500 dollar value where you take callers tend it's when he. 84451. Trade 84451878233. For callers tenets one need to get this 500 art class. Again if you bring you the marketer you've been in the market you don't have that consistency. You do not want to miss out on this pick of the phone call 84451. Trade does that champ bubbles of banners. Welcome back the Bulls and Bears I've heroes Adam at Cisco at the bottom of the more laps. GA. So much fun here bulls or bears excited as always right now this time loses targeted date champ I see your face again popped up. Asked the coach where at any time during the week 4470 call the coach outline an 877904. Trade. And this week we got gentleman by the name of major from Atlanta Georgia go ahead major. They've let them have made girl called of course about shores filling in and higher array. Trying to see if it they wouldn't be gone. Well major first off lengthy question and a lot of people have a question can I short sell in an IRA. While for an order for me to kind of laid a premise of answered your question I wanna to give a brief description short selling is because a lot of the Bulls and Bears listeners. If they're loyal listeners they understand what short selling is but if they just tune in they might not understand what that particularly means so let me give an example what short selling is. Is we're able to make money was something falls in price. That was great about the financial markets as it goes up and out. And the problem with the masses many people have foreign k.s are many that quote on quote traders out there that are retail traders people would just open an account. With the goal of making money in the market. They only think about or understand how to make money when price goes up another was they buy at a price and they try to sell at a higher price and make the profit. While the beautiful thing about the financial markets and so am a mirror image of itself with symmetrical. Which means one price falls somebody makes money. He got to realize something about the financial markets it's a zero sum game in other words when somebody loses a dollar somebody else makes the dollar. And so what that implies what that means for us for potential opportunities we can make money on price falls and won the prominent ways to do that. Is by shorting was short selling the market. I'll give an example. But you say you found a stock in the market and it could be any stock was just say for the sake of example we're talking about Coca-Cola. Good company based in Atlanta cocoa right now street around 45 dollars a share between 45 to 46 bucks a share. Now I believe that that stock was gonna fall in price in other words it's at 45 and I thought I was gonna go to 41. I could profit from that Ford all moved down in price the way I would do that all one way to do that would like shorting the stock at 45 and here's what that means. I can sell shares of that stock at 45 dollars even though I don't own the shares. See one of the great things about the financial markets when you open up your brokerage account your broker will allow you to use their inventory. If you believe prices gonna fall in a particular stock so let's take Coca-Cola again as an example. If Coca Cola's trade at 45 balls this year you don't own it. But you believe it's going to 41 and you won a profit from that Ford all moved down in price. You can go what are your brokerage platform you can get a short sell execution tab. What would happen was they are your broke which sell the stock into the market at the current price 45 on your behalf. In other words they're loaning you the inventory. See your broker has inventory Coca-Cola stock you might not only Coca-Cola stock you've maybe never bought or sold at your life. But you believe it's gonna falsely you wanna take advantage of that for all moved out. The ability to assure itself means that the minute you hit that button itself she has a Coca-Cola. Your broker sells it into the market on your behalf at 45 dollars a share now. You're technically considered short the stock which means that you have to buy the stock back. But what's the goal you're gonna buyback a 41 if you believe a scored 41 so you buyback at 41 would have you. It's basically done you've bought it at 41 and sold 45 except you sold it to enter the trade. You use your broker's inventory sold into the market 45 dolls share. One price fell to 41 you bought it back at 41. The moment you brought a bag to meet legal backing your brokers have been touring you could to keep the profit the difference between what you sold it at 45 what you bought back at 41 that's for all the share. And if you did a hundred shares made for a box he did a thousand JG has made 4000 on afford all of move down the stock that you never I don't think about that. That sure it's a game changer for people when they begin to realize it could take advantage of moved on price. And all they have to do is be able to short sell and anybody who opened the brokerage account can do that now. To answer your question now that we understand the premise of what shorting is can I do entire day. While major it is weak east of shorts on higher rate you can get to a standard traditional shorts so. You have the you deal more creative you have to use products that are designed to be able. Be it an irate and be able to make money as price falls one of the things that the the government stipulates is that you keep it short in a higher rate. Specific stocks but there are things called exchange traded funds ETFs. That track broad markets or sectors of the market. And what you're doing is by using these inverse exchange traded funds I can buy a shares of an inverse ETF. And when price falls. Around that ATF my shares go up in value in other words I am buying something that when price falls makes me money. There's ways to do that it dire that's one way another way is using options I can use options to profit from downward movement in a position in an IRA. So the answers yes there's ways that you can short and hire eight. We can't always traditionally short. Street stock and irony but there's a lot of products out there that we can utilize to take advantage removed out of price and here's the key folks and I think you for the call major. If you know how to make money when price was up or down. You've separate yourself that you may use up the lead in the markets is not a complicated process is not difficult. It's just different but major yes you can do it and anybody out they can do it as well is just a matter of learning the skill set. And once you learn it now it's a matter of just go afford taken the action. Exactly and online trading academy the sponsor Bulls and Bears they know there's a lot of people out there like majors that have questions about shorting out to short. And that's why that a class specifically on top right of the campus that the 500 dollar value of every time we give away this class the phones light up I've been few seats to give away. We're able to take callers tenets when he five you do not want to miss out on this. Pick up the photo because stint at 45844. 51 trade that date for four. 51 trade for callers to the 25 to get a 500 dollar class specifically on shorting the market from our sponsor online trading academy. If you're new to the market you're not undershirt that stand out works or you've been in the market he's still donors in outward you do not want to miss on this opportunity. For callers to its 45 of the 500 dollar class at 844. 5187233. At 8445187233. For callers to the point five to get this 500 dollar class from online trading academy. Once again 844. 51 trade to get a 500 dollar class on shorting. For being callers ten and it's 4584451. It trade is added champ a Bulls and Bears. Welcome back the fools affairs analyst at. Since I think it's time. It's always fun. Don't forget to head over to FaceBook like Kenneth samples of Bear's radio. And of course via questions for the coach and any time 24/7. 877904. Trade. Asked the coach up mine chip talk about a variety of things. Always talking about the markets the do's and don'ts but a lot of times a lot of individuals. They don't understand that the market can't provide consistent and can make can be a place where somebody can. Generate income based company count that they have a lot of people don't understand how this added up let's talk about it let's break it down the markets and business what is treating. Well if you think about it it's the American dream to own a business mean there's a lot of small businesses and then the back on this country they employ the masses. No question and the problem with a lot of small businesses in this probably some business owners listen to us right now is that you own your business and business owns you. No word if you don't show up. These are gonna fall apart the Wii is gonna Kamal or if you're not available you know your customers are you know calling it 24 hours a day there's a lot of variables that a lot of process that people have to understand and relate to more importantly as a lot of typical headaches that come to start a business and run a business. And so if you've ever had a traditional business you deal with things like overhead workers' comp and employees and fast and inventory and leasing a building and liability insurance and all those. Factors that can mean two and potentially eat up profitability your business at least of building. But I love about the markets is that I can open a business on Shuster. I can have a couple grand an open trading account and if I have a skill set that I've learned over time and I can put it to play that allows me to have good probably decisions. And teach me how to lower my risk. I can now run a business and all the business that has no employees no overhead no comp. No liability insurers know building at least no product to sell nobody to recruits. I literally go to my computer in the morning a funny to sell something in his millions of people to buy from me. As at the log in my brokerage account if I want a bias in his millions of people who sells me. In a fire have a good understanding what a good price to buy and sell that is. I have an edge over the masses because they really don't know what a good price by cell that is and now running a business without all those traditional typical headaches of a small business. And has the same upside profitability even greater. Think of that. It's the dream. The American dream. I can make money in my drawers and so could anybody else and you know we don't really talk all about making money your drawers here Bulls and Bears but. Some of the best days I've ever had in my life I never left the house and made the most amount of money and made in a day. Because the markets provide that opportunity so a lot of people when they begin to realize that you can treat this as a business and more importantly. Structured as a business and I was like to take all the affiliated tax benefits I could take all the affiliated deductions of a traditional business. And yet I have no limit or my upside I can make much money as I want and I don't have to leave my house and I have to deal with the customers and the public. What a concept I mean who wouldn't want that and assembly job and on the road right now some contractor. You got letters and a top aide chuck and paint cans in the back you chuck. In your miserable because the clients are paying your workers not shown up on time and you have the dream build it build something with equity and long term growth. But you dealing with the traditional process and the markets can provide the same dream will law official headaches. It's a no brainer a lot of business owners that's what made him meaning into learning the skills. Trading and investing for their business. On the unique thing is as you know I'd have bet people that started their business with 5000 dollars of that Pulitzer the business with fifty. 1020300. Grand anything about the market is. It doesn't matter how larger countess I mean when you get started a trade account with you know a 1002000 dollars and get your team you can UT then. He's a star didn't you footing the sky's the absolutely now the door is open not just a matter of getting better at the skill exactly online trading academy to teach a class specifically on trading as a business. This class is very unique if you've never traded before you've been trading report you don't treated as a business. This is a great opportunity for it is a 500 dollar value it's our right at the campus. You don't want to miss out on this island a few seats to give away we're gonna take callers fifteen to thirty pick up the phone right now and call 84451. Trade that 84451. Trade for caller fifteen to thirty to get a 500 dollar class on treating as a business. From our sponsor online trading academy once again 8445187233844. 51878233. For caller fifteen to thirty view this 500 dollar class specifically on trading as a business jet has been a great week here on Bulls and Bears appreciate you. Again for the fall right out call. 84451. Trade at 84451. At trade is adamant champ a Bulls and Bears.