Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:16):
The wallet's missing from thefloor it's.
Got my secrets, nothing more I checked.
The drawers I checked thespikes Left me hanging in my necks
Last night.
We tore up the town now my.
Wallet'S not around Call thecops so play it smooth Pay my debts
and start anew hey.
(00:38):
Hey.
Where'd it go?
My cash, my car is my flow.
Don'T you know what's gone?
Now I'm broke from dusk till dawn.
Dancing lights and screamingbass Drinks were flowing in that
(01:01):
place Left a tip but lost mygrip now my wallet's gonna slip.
In a world where financialadvice is as blurry as a wild night
of cheap jello shots, clearyour head and your monetary halitosis
(01:24):
with the about that Walletshow, hosted by Anthony Weaver.
Leave those jello shots forthe amateurs and learn to indulge
in the top shelf bottles, baby.
Now here's your host, Anthony Weaver.
What up, what up, what up, everybody?
Hopefully y' all are having awonderful time this Friday eve, man.
(01:46):
So we have a special guest.
How you doing today, Casey?
I.
Good, Anthony.
How are you doing?
I am doing fantastic.
It's.
You know, we're gonna make itwork and do what it do on this Friday
eve, but, man.
So a lot of people right nowgoing through this furlough, and
(02:07):
it's just been a doozy.
So what have you been doinglately to kind of help out those
people that just kind of don'tknow what to do with their funding
right now?
Well, you know, you're allabout helping educate people with
their finances.
And I think it's so importantto teach the basics, Right?
(02:31):
You can't go do somethinggreat if you don't know the basics.
And for me, it's all aboutliving on less than what you make,
Right?
Don't.
Don't spend it all at one place.
Don't spend it all.
You know, save a little bit.
Yeah.
And because of what we dealingwith right now, I just trying to
(02:54):
say, everything is on edge.
Like, even just people's emotions.
People is just, like, reallyantsy right now, and sometimes I
think we just need a drink.
Well, you know, it never.
It's never good to lose yourhead, right?
It's good to just stay back,stay calm, stay cool, assess the
(03:19):
situation.
Try not to let your emotions.
You know, money can be.
Money can be emotional.
It can be spiritual.
It can.
It can fill a void in your life.
And so I, you know, a lot ofpeople, like, oh, man, I wish I could
save 10%.
But you know what?
It makes me Feel so good toclick those buttons and buy that
(03:40):
stuff on Amazon and fill myback bedroom sky high with stuff
I don't even open.
Not the back better.
I. I have a few hoarders in myfamily, so, you know.
Yeah.
Because I was looking at yourcontent, and I was like, all right,
you do a lot of good stuffwhen it comes to helping people.
Figuring out just the stockmarket in general, because I have
(04:04):
to say right now, with theinterest rates, the way how things
are going, the stock market'sbeen really hitting the fan.
How are you finding your shortwins in.
In this day and age right now?
Well, you know, it's reallysomething that has to be on the front
of everybody's mind, Right.
(04:25):
Investing.
Investing in the markets.
And I. I tell people, youknow, just what I've learned and
that is that when I got out ofthe Army Back in 2000, I had a decent
amount of money because I wasinvesting at.
I started really young,started 18.
All when I was in the Army.
(04:46):
I was putting my money away,socking it away.
And when, by the time I gotout, I was 22 years old, I had over
$30,000.
Wow.
Now, that's a lot of money.
30,000.
But here's the thing right there.
Here's the thing.
I rented my very firstapartment out.
I got out of the Army.
I was in Salem, Oregon.
(05:07):
The rent was 350amonth, andthat was in 2000.
Okay.
So they're like, oh, inflation.
Inflation is.
Oh, the.
The value of the dollar isabout double what it was then.
That's a lie.
Because try.
Try getting an apartment for six.
If it would have been 700, itwould be double.
(05:29):
Right.
You know, now an apartment'snot three.
Not a double 350.
It's like 1200 minimum,depending on where you live.
Some places, 2000, 3000.
And so that means the value ofour money is four times lower than
what it was just.
What was that 25 years ago?
(05:51):
Yeah, I didn't even thinkabout it that way.
So with that being said, whatshould we be looking into?
What type of mindset should wehave going forward then?
Well, we should be thinkingabout taking a small piece of our.
Of our finances and theninvesting it in the market.
(06:12):
And I heard a really wise guysay, not a wise guy, but a wise man.
He said, think about on everydollar, you know, take a dime out
of every dollar and save.
Take a dime out of everydollar and invest.
Then take a dime out of everydollar and use that to try to make
a profit.
(06:33):
Then live off of 70 cents.
Right.
And he says if you start doingthat you, it's really about building
the habits, right?
Like oh yeah, that's easy whenyou're making a buck, but when you're
making a million dollars, it'snot so hard.
Or you might even say, oh,when I make a million, I'll do it.
But that's not going to happen.
You got to start small.
You start with the littlethings and then as you build up,
(06:54):
and the cool part about it isif you start small, when you get
bigger, those numbers will begetting bigger.
Like, oh, learn how to save 10 cents.
You'll be able to learn how tosave 20 cents, 30 cents.
And then when you get reallygood at it, you can live off of the
10 cents.
Right.
And the 90% are giving it awayto people to help people out.
(07:16):
I like that, that, thatconcept because it just reminded
me of the book.
What do they call it?
I think, Think and Grow Rich.
Oh yeah, I, that's a good one.
Yeah.
Because it just made, it'sgoing back to that 10.
Just save out that 10.
It's like, hey, even if yougot a bill, do you, you pay yourself
10 first, then you payeverybody else.
(07:39):
Because pay yourself first.
And it's, it's, you got toteach people that because inflation
will eat you alive, you can'tkeep up with it.
You can't make enough money.
Your wages, right, we talkedabout, I just said that rents were
350, but the wages haven'tgone up five times everything else.
(08:00):
Your wages are smaller now.
Yeah, I think I remembergetting that 25 cent raise before
putting in so much work.
Yeah, you got to pay yourself.
Yeah.
So what got you into this area?
I mean granted you were outthe military.
What was your first job?
Out of it.
So I, I got out of themilitary and I just didn't have any
(08:26):
clue what I was going to do.
I was 22, but I still didn'thave a clue.
Right.
I'm 49 and I'm still don'treally have.
But that's, that's a wholenother topic.
But yeah, so I just startedcleaning carpets.
It was 8:50 an hour cleaning carpets.
And you know, I had a lot ofmoney and so my boss, right, my first
(08:49):
job, I was only working therefor a couple months, but my boss,
I would see him, he would showup in the morning and he would give
us a piece of paper.
He'd say I want you to go toElm street and clean that house.
And he said, I want you to goover here and clean that house.
And then when you're done, Iwant you to go do this house.
And so he'd give me fivehouses, and then he's like, you collect
(09:11):
all the money?
I would collect all the money,and I would give it to him, and I'd
give him, like, 500 bucks.
And I'm thinking, hi, this isnot good, right?
Like, this guy's getting themoney, so.
And I'm sitting herestruggling, so.
So I did that for, like, acouple months.
And I went and I contacted the franchise.
It was a.
(09:31):
It was a carpet cleaning franchise.
I'm like, I need to get into this.
So I'm 22, 30,000 a bank.
And I went and I started acarpet cleaning franchise.
Nice.
Is this.
You still got it?
No, no, no.
It was good.
It was great.
I mean, I was making good money.
But again, you know, all thisstuff I teach is obviously great
(09:54):
in theory, and it works, andit's worked well for me.
But my life is kind of aseries of ups and downs, which I
think that's what everybodygoes through.
So I made some great financial decisions.
I saved money.
I put my money in the markets.
I learned how to invest,learned how to do options, learned
how to trade.
Right.
Learned how to start businesses.
But I also learned how to makemajor mistakes.
(10:16):
Can you talk about one of themthat kind of was like, your biggest
lesson learned because of that mistake?
Well, you know, when I startedthe carpet cleaning business, it
was really good, but I justdidn't really have the maturity and
the responsibility.
Right.
So I got involved with just abunch of craziness, you know, relationships
(10:37):
and all of that good stuff,and just ended up making a lot of
bad choices and ended upmaking bad financial decisions.
Even though I was making goodmoney, you know, I just didn't have
the maturity and theresponsibility to hang on to it.
So I ended up not continuingwith that.
(10:58):
Okay, now, because, you know,a lot of people right now, even though
they looking into theirportfolio, I'm gonna just.
We might just chop it up into.
We're gonna just do differentsegments because I figured it'll
be easier, just kind of flowwith it.
So we're going strictly justinvestments, your options, and then
(11:18):
go from business to savings.
Is that cool?
Whatever you want to do, man.
I figured I'll break it upthat way because for the people that
are looking to invest, and alot of people are loving the investment
side, and they want to getinto investing.
Let's start there.
What got you into investing.
And then what would you tellsomebody who just started investing?
(11:40):
Where would they go?
Okay, two questions.
I'll try to remember.
So I got started investing atvery young.
I was into computers.
I was a computer nerd.
And my aunt worked at inteland she would bring home computer
parts and teach me and mybrother how to build computers.
So it was really cool.
Back in the 80s we thought itwas fun, but we didn't realize that
(12:01):
it was like the future, right?
Tech was the future.
So we were really into it.
And my dad was an investor andhe was old school.
He didn't have a computer, hedidn't know how to use a computer.
And he would look in the paperin the mornings and look at the stock
quotes, right?
(12:22):
Okay, this is the price, likeevery day.
You couldn't get the stock prices.
There was no, like, let meGoogle this.
What's, what's Google trading at?
There was no Google in thefirst place, but you couldn't see
what it was trading, so youhad to look, look it up in the paper.
So there was no online trading.
But then in the early 90s,online trading started.
And my dad bought a computerbecause he wanted to trade online.
(12:45):
And so when he bought thecomputer, he had no idea what to
do with it.
So I set up his computer.
I set up his, his connectionto get the, his Internet connection.
And I don't even think it wasthe Internet then.
It was like some kind of boxor whatever.
I don't even know.
But I set it up so it was working.
He could get his stock quotes going.
And then I was reallyfascinated with stocks.
(13:07):
I was like, oh my goodness,you could make money.
You can make money just bybuying a stock.
Are you kidding me?
And then I immediately hadlike, visions of becoming the world's
wealthiest stock trader.
In my mind, I thought, youknow what?
I'm 16 and my dad doesn't knowanything about investing in stocks.
He's totally clueless.
(13:27):
But I know what I'm doing.
And that was kind of funny.
But anyways, I just loved itfrom the start because it was just
so exciting in the fact thatyou could make money through investing.
That's really cool because Ididn't get into it until like college
when I was like, huh, I havethe Sprint cell phone.
(13:49):
I'm using it every day.
I'm sure there's millions ofother people using Sprint, so let's
invest in Sprint.
And now look where Sprint's at now.
But we're not going to diveinto that because now that everything
went digital.
I remember getting thenewspaper and seeing the stock quotes
because you can back then youcan actually get the most movers
(14:10):
and the top trade right user.
But that was about really ityou couldn't invest into every like
company that's out therebecause I didn't see like a book
or pamphlet back then that wasabout covering everything.
So can you talk about now faras in this digital age how easy it
(14:33):
is to get started and whereshould the first person start?
Yeah, so I, that was thesecond part of the question I was
supposed to answer originally.
But yeah, it's great forpeople to get started now.
I recommend that people dojust to try to get away of beating
inflation.
If you want to keep it simple,you could simply invest.
(14:56):
And, and so that would be stepone, keep it simple.
Right.
If you, there's an unlimitedamount of things that you can learn,
right.
And it can, if you start downthat path it can be very, very overwhelming.
And so you want to say okay,let's learn the basics and let's
keep it simple.
And so I would say you, youcould do something as easy as investing
(15:20):
in the s and P500.
Right?
And it's, there's, it's an ETF.
ETF means it's an exchangetraded fund and The S&P 500 is the
top 500 stocks in the United States.
And what is so, makes it soeasy is that whoever manages that
fund, they spend millions ofdollars on research.
(15:43):
They have a full research teamand they're always researching the
best stocks.
And so if a company has areally good year, they're like oh,
we'll add that to the S P500.
And if it has a really badyear they're going to remove it from
the S P500.
You know, one of the stocksthat I've been trading that's done
really well just got added toS P500 this year.
(16:04):
And that was Robin Hood, thereally online phone broker.
They just got added to the S P500.
I think Coinbase got added theS P500.
So they take, they do all the research.
So all you got to do ispiggyback the best companies.
And if you look at the historyof The S&P 500, just go and do, do
(16:29):
a little bit of research.
When I started trading in1996, the S&P 500 was trading at
like 650.
Okay.
Now it's trading over 6,000.
Wow.
So, so that's a big returnright there.
Buy one share really wellbecause I.
Remember the When I startedlooking at it, everybody was.
(16:52):
When I first got into trading,it was like, is S P500 going to hit
3,000?
Is it gonna really get there?
And I'm like, well, yeah, itjust really took off.
So, man.
So you've been in this for a minute.
All right, so for those of thepeople who are looking into learning
options, because I waswatching your video and you were
(17:14):
talking about.
Even with paper trading, canyou talk about what platform that
you use to kind of get started?
And then, obviously, this isfor educational purposes only, so
we're not telling you what to do.
Yeah.
You know, as far as givingrecommendations, I would just say
(17:36):
look at their customer support.
Right.
So I'm not afraid to share whoI use.
I use Charles Schwab.
Okay.
And they are not the cheapestbecause Robinhood is free.
Right.
No commission on Robinhood.
It's great.
Charles Schwab is.
They charge a little bit ofcommission, but I prefer them because
(17:56):
their platform has a littlemore features and their support is
phenomenal.
And it's so hard to get goodcustomer support in today's world.
And I don't care about stocktrading or whatever.
They give great customersupport, and to me, that really means
a lot.
Thanks.
So that's why I go with them.
Because if you.
If the platform's confusingand you're confused, you just ask
them and they help you instantly.
(18:17):
They're very helpful.
Well, considering that theystole the people from what you call
it.
Not E Trader.
It was another one TDAmeritrade, because.
Yeah, TD Ameritrade.
That's right.
I love that platform.
And then when they switchedover, I was like, this is trash.
Because, remember, youcouldn't trade like he used to, and
(18:38):
he was like, well, we'reworking on the platform, but it's
still not laid out the way howI like it in TD Ameritrade.
And.
Yeah.
Do they still have thinkorswim?
Thinkorswim is what I use.
Yeah.
And it's a little.
It's a little crazy.
You can actually do just aboutanything on it.
So it's pretty robust.
And that's why it's a littlecrazy, because it just has all kinds
(18:58):
of stuff.
And so that's why, you know,getting involved can be intimidating
just trying to look at the platform.
So that's why I did.
I like Robin Hood, too.
Robin Hood's great.
It's simple.
It's easy to get set up.
You can open a Robinhoodaccount on your phone in five minutes.
It's.
It's fantastic.
So.
Because one of the thingsabout different platforms.
Can you talk about those andlike how you can.
(19:20):
What's the benefit?
And actually some of them havethe detriment like between the two.
Because for me, the reason whyI'll say like go ahead on the use
Schwab or the other banksversus Robinhood is because it.
For the beneficiaries.
Did they allow beneficiariesyet on Robinhood?
I.
You know what?
That's.
(19:41):
That's an important thing.
And I do believe that Iactually have experience with that
because my dad passed away.
Oh.
And about two years ago and hehad a Robin Hood account.
And so he listed my stepmom asa beneficiary.
And it.
The transition was really smooth.
Oh.
So it worked out great.
Yeah.
(20:01):
Yeah.
Because it's been several,several years before.
But you need to be thinkingabout that.
Right.
So we're talking money aboutthat wallet.
Look, if you guys have anykind of finances at all, everybody
has money.
So you need to be planning forif the unthinkable happens and you
end up passing away.
Right.
(20:22):
You need a, A will.
And it doesn't even have.
If you don't have a lot ofmoney, that's okay.
But you, if you still need totell people what's going on.
Like, so my dad's a great example.
We had no idea.
So we had to like dig throughall of his emails.
We had to try to get onto hiscomputer, you know, who's beneficiary
to what, and just try tofigure all that out.
(20:44):
And it just makes it a littleeasier if you can jump right in there
and have a list andinstructions in case something happens.
Yeah.
So.
Because the reason why Ibrought that up mostly is because
this is.
My show is focusing on thesandwich generation.
And that's one of the thingsthat a lot of people try to figure
(21:06):
out.
It's like, okay, as people aregetting older, we just need to figure
out what is next for thefamily and then what is next for.
For us as a unit, as an individual.
How can we start preparingourselves for that going forward?
So we talked about options alittle bit, but can you explain what
(21:30):
is an option for those of whonever heard of an option?
And I just want to give ashout out to Lisa J.
Stocks right quick because shetalks about stocks all day, every
day.
Love this show.
If you haven't checked herout, please go follow her.
And she said that her go tofavorites is Fidelity and Mumu.
Mumu.
Yeah, I actually have anaccount with them.
(21:51):
Too.
Oh, you do?
Yeah.
Not.
I don't have one withFidelity, but I do.
You like Mumu?
You know what?
They're okay.
I mean, their, their desktopplatform's pretty nice, so I do like
them.
Their support's not great.
If you need help, they're notalways quick to help.
(22:12):
Okay, that's good to knowbecause I met them.
But you know what?
I just found out that I didn'thave a MOOMOO account.
I have a Weeble account that Ihaven't used in such a long time.
But.
Yeah, so, like, all theseplatforms are out there.
It's just.
You gotta get into it, gottaget started, get your feet dirty.
(22:32):
And as far as investment, whenyou playing with investments Outside
of your 401k, what percentagesdo you typically try to stay within?
Well, I, I'm focused onoptions trading, and so I know you
had asked about what is an option.
So I'll.
I'll answer both of those together.
How about that?
Yeah, I keep a lot of my.
(22:54):
I keep actually 75 of myaccount in cash, and that is very
unique.
But it's because I'm trading options.
And the reason I do that isI'm selling an option and I'll explain
what an option is.
But the reason I'm 75 cash isbecause if the market dips, I.
The options get more expensiveand so you make actually more money.
(23:17):
But your previous options youmight lose money on.
And so you need to havecapital at all times so that you
can recoup your losses.
So money management is a bigpart of it.
And having the ability toalways buy in when the market dips,
that's a little bit more advanced.
But, but to answer thequestion of what is an option?
It.
(23:38):
It goes with the name option.
It means that you're.
You're buying or selling anoption to buy a stock at a certain
price at a certain time.
So it's like I'm telling you,I say, hey, Anthony, I really love
Robin Hood, and you own ashare of Robin Hood.
I'll be like, hey, I'll buy itoff you for a hundred bucks.
(23:59):
If it's above a hundred in twomonths, Right?
And I'll.
I'll pay you five bucks to do it.
If you'll hold that option forme for five bucks in two months,
I'll buy it off you.
Right.
But then if the stock goesdown, then you're holding on to that
(24:20):
option and it's not worth anything.
But then if it goes up, thenyou get the stock for 100 bucks.
Right.
So it's like you just buy anoption to get a stock at a certain
price.
Got you.
Because I never took a stock.
I mean, an option through its full.
As you could say, realizingthe actual option, if that makes
(24:40):
sense.
Like if it's already in the green.
I already have 100 sharesper.1 option of 100 shares of that
particular company to go onthe purchase.
That always kind of sellbefore that happens.
Have you went all the waythrough with that yet?
Oh, yeah, yeah, that they.
What they do is they'll callthat assignment.
(25:00):
And so if you sell an optionand the price goes out of the money,
then you have to buy the stocks.
So you'll have to buy like 100shares or if you own how many contracts.
So.
Yes, yes, I've.
I've done that many times.
And it.
It's pretty interesting how it works.
You sell the option and thebroker will automatically put those
(25:22):
stocks right in your account.
That is actually pretty cool.
I need to practice that.
Do they allow you to practicethat in the paper trading too, or.
No?
They do.
Yes, absolutely.
And that was.
So that's another reason why Ilike thinkorswim is if you open a
live account with them, youget their Think or swim paper trading
platform.
It's the best for papertrading because I know that Weeble
(25:44):
has paper trading.
Mumu has paper trading, I think.
But they're harder tounderstand on how to use.
In my opinion.
They're not as legit.
So the best paper trading iswith thinkorswim by far.
So if you want to get in andget your feet wet, it's the best.
All right, then I have todefinitely check that out.
Are there any particularstocks that are on your radar right
(26:07):
now?
Like what industry?
Well, so I have a.
Kind of a whole thing.
So I.
You asked about what beginnersshould do, and I say get into the
S P500 because they do all theresearch for you.
You're following the smart people.
But I also have kind of astrategy that I use for research,
(26:27):
and that is I love new technology.
And I feel like if we go backin history and we look at the market
since the 1800s, to be honest,that's what's moved the markets is
technology.
You go back early 1900s, youlook at steel, right.
The steel industry.
I'm.
(26:48):
I've lived in Pittsburgh areafor a long time, so that's really
big out there.
The steel industry, early1800s, the railroads.
Right.
Electricity, Oil.
Oil.
The oil industry.
All of these new technologiesin these New industries made millionaires.
(27:08):
And then following that, therewas the next big thing and then the
next big thing.
And so finding a new industrybefore it takes off is huge and it
can create great wealth.
And so what are some morerecent ones?
Internet, cell phone.
Right.
Those are huge industries.
(27:28):
Internet, computer chips.
Right.
Computer chips were huge computers.
These are all big industries.
And so what's on the horizon now?
Well, we've got electroelectric vehicles, you know, Tesla.
Right.
AI.
AI is big.
Robotics.
(27:48):
AI and robotics kind of gohand in hand.
So you've got to be looking atthese industries and then energy.
Energy has been big in thepast, but energy is going to be bigger
in the future because now allof this new tech needs to get powered
and tech requires power.
So they're gonna.
And there's new technology and energy.
(28:09):
So energy is a great industryto get into.
Chips.
You know what everything inthe future is going to require?
I've got a cup of coffee.
My coffee is going to havechips, computer chips.
You got to have chips for everything.
The chip industry is growing.
Yeah, yeah, so, so that'snumber one is new industry.
(28:29):
So I answered that very long winded.
But the other factor is don'tjust go with new industry, but go
with the best.
Right?
If, if you guys know anysporting analogies, there's always
a goat, right?
You got Michael Jordan orTiger woods or whatever.
There's always somebody, Tom Brady.
There's always somebody that'sthe best of the best.
(28:52):
And you know what?
You're never going to go wrongwhen you're going for the best.
So you pick a brand newindustry that's really hot and then
you pick the best, the leader,the one that's winning the war in
the, in that industry.
And you really can make biggains like that.
Because one of the things thatI've been heavily focused on is quantum.
Because I was looking at,okay, the computer chips is one thing,
(29:15):
but once they get the, onceyou stop expanding that processing
power only can do but so much.
Then how can you reallymaximize AI on a single chip?
But imagine if you had quantumchips inside your machines now that
we don't have because rememberthe mainframes used to be as huge
(29:35):
as a whole like room now thesize of a mainframe even hold 1 gigabyte
of data.
You're like one gig, likethat's not even enough to hold, you
know, Instagram on yourdownload feed.
So, so it's just kind of like,well, what does that look like going
forward?
So that's what I'm thinkinglike Quantum right now is in that
(29:57):
mainframe stage.
So we gotta keep this going.
You know what?
That's a great one.
That's a great one.
And so keep your eyes on thosehot industries, and you're gonna
do well.
Right.
And another little tip that Ilike is I don't like to spread out
too thin.
Right.
Because they're always like,you want to diversify for safety.
Right.
But I'm kind of like, well,the way that you get go big is to.
(30:22):
To go with focus.
Right.
Laser in.
So keep it.
Keep it for a few of the mainleaders and then don't.
Don't buy any duds.
Got you.
Yeah.
Because I kind of made my ownETF because I was like, I'm only
doing Quantum.
That's mostly my portfolio.
Everything else is kind of like.
Like kind of onesie twosieshere and there, but I'm all in.
(30:45):
That's good.
Yeah.
All right, we're gonna take asmall break, say hi to the folks,
and then.
Ready for your drink?
You got your drink?
I've been drinking.
I didn't know we had to wait.
No, I mean, you didn't have to wait.
I mean, by all means.
I shouldn't.
I should have said.
Well, man, you ready?
(31:08):
Yeah.
Like, even though one of theguys from All Hilarious gonna put
the drinks, he already knowwhat it is.
And usually he having Hennessy Black.
If he's still listening.
I'm sure he is.
That's what he's drinking.
Let's see.
Let's say hi to Ruthie.
Thank you for stopping by.
Thank you.
Thank you.
(31:29):
And then we have Lisa.
I'm curious on what you'redrinking this time, because sometimes
she drinks, sometimes she doesn't.
Mostly water.
We got Psalms 11:26.
Thank you for joining.
So go on, get this drink on.
(31:51):
Thank you.
And if you guys are listeningand haven't responded yet, go on
and say something because, Idon't know.
I can't see who's here.
So just leave a littlesomething down there.
Let's see.
I don't drink.
Gotta pick up my daughter from work.
Ah, that's okay.
We'll have a double shot for you.
All right, so just give us amoment here.
We're gonna have drink sessionand get started.
(32:27):
All right, so what we're gonnabe making today, because I. I love
this drink.
It's super simple.
Now, for the kids, if you wantto make mocktails, I'm using.
This is just coconut.
Just like coconut cream.
(32:47):
I'm adding it in here alongwith the rest of my drink.
Because why not an alcoholic beverage?
Well, I'm making alcoholicbeverage, you guys, for kids, gonna
be making a non alcoholic beverage.
So we're going to do here is alittle bit of coconut cream, because
you want the coconut flavor.
(33:08):
Then we're gonna have some.
This is pineapple from concentrate.
It doesn't matter what kind ofpineapple you're going to use.
Then we're going to add thatin there and usually about 6 ounces.
This is about a. I don't know, drink.
(33:33):
And then lastly, you know, forthe mocktail people, you're just
gonna have a splash of grenadine.
This is just a regular cherry grenadine.
And you can have yourself a little.
You just made yourself alittle tropical sunrise, and it'll
look like this.
(33:54):
So you now have a tropicalsunrise now.
Thank you.
Now if you want to actuallyspice it up a little bit, bring in
the coconut.
You want to have an adultbeverage bringing this.
How we gonna do this?
And now this is poor to taste.
I mean, I'm not gonna judge you.
(34:14):
You're at home.
You're not driving anywhere.
And just keep pouring.
I mean, whatever makes you happy.
You can dump it to the top.
Man.
I gotta work tomorrow.
Oh, you know, I'm actually off tomorrow.
I mean, you're right.
Let's keep it going.
All right, so let's see.
(34:36):
That's about right.
All right, so that now,because you added the alcohol, it's
called a panty Lipper Penny ripper.
So.
All right, so, Casey, what areyou drinking?
I should have had my clearcup, but it's.
It's Dunkin Donuts.
(34:56):
Black coffee, no cream.
Oh, no sugar.
Just black.
Straight.
The way I grew up in myfamily, you know what, if you put
cream in your sugar, you werelaughed at.
Cream or sugar?
It was just black.
So you know what?
That's just.
It's just how it is in my house.
(35:16):
Wow.
Okay.
Geez.
Oh, man.
Like, I don't drink coffee,but I heard stories, and I'm like,
man, it's good for you.
Okay.
I mean, I'll take your wordfor it.
Although I shouldn't bedrinking this lake.
It's kind of like drinking the alcohol.
(35:37):
I'll be staying up all night.
Oh, I thought this is gonnaput me to sleep.
I was like, man, I gotta get.
So I did have an extra addedin the extra shot for Lisa, since
she's driving.
I'll do that, Felice.
She owes me one.
All right, let's see what wegot, Ruthie.
You said you sipping on some,some American mint tea.
(36:01):
Non alcoholic.
I appreciate that.
Said I'm drinking Crystal light.
I mean, you know, it's prettyhealthy this time of night.
That's good stuff.
She said cute Ruthie.
Thank you.
And you say your uncle used todrink coffee like that?
(36:22):
Just straight black.
Wow.
So like if you're doing itjust straight without anything else,
do you do like the flavor?
Coffee?
What type of coffee?
I like it bold, you know, likeColombian, you know, French, stronger,
A little bit on the strong side.
Probably why I get the hair onthe chest and I don't have any.
(36:44):
Yeah, I gave up, I gave up thealcoholic adult beverages.
I'm just not the kind of guythat could handle it.
You know, my personality isjust such a, like go all in and I
have a tendency to chug.
Right.
So if I have a drink, I'mchugging it and so not sipping.
Every day I would drink.
I would wake up and notremember what happened.
(37:06):
I was like, you know what, Ican't do this anymore.
Yeah, that's.
I'm sorry you went through that.
No, it's, it was good.
Good learning lessons.
Right.
So we got the drinks out the way.
Well, you've been sipping all day.
I'm okay.
(37:29):
So we got the investment sideof the house.
Now we talked about the investments.
Let's talk about a little bitabout business.
So what business?
Because you obviously starteda franchise.
Well, I started a franchise,but you bought into a franchise.
You sold that or dismantled that.
Did you go back and startedanother business?
(37:52):
Yeah, I've done quite a fewdifferent investments and businesses
along on the, along the way I,I went from a carpet cleaning to
actually making homemade soapand you make soap?
Yeah, yeah, I did soap in the.
(38:14):
Just making it and selling it.
And it's so interesting.
Business is so interestingbecause when I started my, my father
in law just, just said, hey,maybe you should try this.
So I did because I, I thinkit's good to just jump in and try
things.
And I did okay with it.
But then after I did that,then I started in the carpet cleaning
(38:37):
of business again.
I was like, oh, I'll just doit again.
This time not a franchise.
Just take my own equipment andrun my own brand because I already
knew what I was doing.
And so I did it a second time.
And then I was also working a job.
I was in construction.
And in 2008 the economy reallytanked and that was our last bad
(38:59):
recession.
Right.
So we've been kind of flyinghigh since 2008 and I couldn't get
work in the construction industry.
So I thought, you know what,I'm going to start a website.
So I did some research.
I thought, you know, I have alot of history in trading.
I'm running this soap businessI'm running.
I was doing soap online too,by the way, selling it online.
(39:23):
But.
But I want to teach peopleabout the markets.
So I started a website,started writing articles and fortunately
for me, the content reallytook off.
And it's, you know, back thenYouTube was just starting out, so
it wasn't video, it was a blog.
And I would post my articleson different websites and really
(39:46):
got a lot of traffic.
And so that's what got me intoeducating people in finances because
it was able, I was able tomake enough money to not have to
go back to work just from myinvestments and also from traffic
sales.
Right.
You get traffic, you canpromote products.
(40:07):
So Internet marketing companydid really well.
Got you.
That is really good.
Because one of the things whenit comes to starting a website, like
a lot of people have thatanxiety from there, creating a blog.
Did you utilize like WordPressor you just kind of wrote whatever
available.
You know, there's, there's alot of obstacles to getting started
(40:31):
in business.
Right.
And that was one of thethings, one of the things that I'm
good at.
And I am very thankful for my personality.
Right.
I've got a lot of negative.
Sometimes our greateststrengths are also our greatest weaknesses.
Right.
I think that's kind of always true.
Like we're really good in thisarea, but because we're good in it,
(40:52):
it causes weaknesses in otherareas I'm good at like just going
and doing stuff withoutknowing what I'm doing.
So I didn't have anyexperience in web building, but.
And I didn't have any money either.
But what I did have was thedrive to learn.
And I had a computer so Icould use those tools, so I could
(41:16):
use the little bit that I had.
And I didn't look at myobstacles, I just went and did it.
And so I used a free website builder.
Nice.
Because they had a couple freeones there.
I don't even know if there'sany free ones now, but they, they
had some free ones then.
Ruthie is, I mean, knowingRuthie over the years, she is the
(41:38):
queen of just doing it.
You just gotta make it happen.
Don't worry about all thatother junk, just go for it.
Yeah.
Because I'm one of thosepeople like, let me do all the research,
let me figure this out.
After I do about two or threethings, I was like, all right, cool.
Now I'm locked in.
But then by that time, it'skind of like either late, I should
(42:00):
have done it sooner.
And what's holding me back?
Because I could tell you this.
For me, I'm trying to start awhole podcast network.
So for the people that arebeen podcasting for a while and then
they kind of getting to learnthings and I can teach them, then
they can join my network.
But I haven't done the web.
Like I bought the dome domain.
I just got to get the websiteand everything like that.
I just been taking my sweettime with it because I want to do
(42:23):
it right.
And so can you talk aboutdoing it right versus getting it
done?
So that's a great, greatquestion, because I personally am
a getting it done guy, and Ialways believe that it's better to
just to jump in with both feetand to learn on the fly and to make
(42:45):
a ton of mistakes and looklike a total fool than to be slow
and go with a slow launch.
There's a really good book outthere, and I cannot remember the.
The author's name, but it'scalled Ready, Fire, Aim.
Right.
It's about business.
It's basically take the shotand then aim afterwards, you know,
and that's kind of how I to flow.
(43:08):
However, with that being said,I have learned to really admire and
respect the people that arekind of like on the perfectionist
side.
That doesn't mean that youdon't launch.
But my one friend who's alsoin this business, he's actually done
much better than I have infinancial success.
He's been really.
(43:28):
He's just such a detailedperson, and he's really on the details,
on the details.
And he's just done so well.
And so I've learned to valuethat gift in other people and to
maybe try to develop it alittle bit in myself because I'm
sometimes just all over theplace because I'm a quick thinker
(43:49):
and quick action taker.
So there's.
There's definitely good tohave a balance there.
Yeah.
So one of the things that, youknow, essentially mentioned that
book, you think.
I think that would be a goodbook to give away because I know
you're an author as well andyou've written a book.
Do you want to give your bookaway too, or.
No, just.
I can do it.
(44:09):
I can do it.
I got.
Here.
Hold on.
All right.
I got one sitting here on the shelf.
Nice.
The.
So for those of you who want Abook giveaway.
I'm a. I can do the shipping,but I can't ship out international.
So if you.
(44:30):
You got to be a USA to win.
Yes.
You got to be in the US Right here.
What we want to call it,though, what are we going to do to
give away.
What should they do?
Hashtag.
What.
What do you think it was?
Hashtag stubs.
Sure.
Yeah.
That's a good one.
(44:51):
All right.
Type in hashtag stubs.
S, T U B B S. Hashtag subs.
You only get one entry, nomatter how many times you keep putting
it in there.
So I just wanted to let y' allknow that.
So don't try to put it inthere like, eight times.
(45:11):
So we're gonna do two book giveaways.
I'm gonna do one for ready,set, aim, and then ready, fire.
Aim.
Ready, fire, Aim.
Thank you.
And then I'm gonna do anotherone for.
I'm gonna just share my screenright quick so we can see what the
books look like so y' all knowwhat y' all getting into.
(45:31):
And let's see.
We're gonna do.
We can do this book.
Oh, there you go.
Yep.
The complete trading system.
Okay.
So to make sure that you getthat copy, and then we're gonna do
one click.
(45:53):
Stop sharing.
It's like, this is the part.
The live shows that, you know,it's the reason why we do live.
There we go.
And then we got.
Ready, fire, aim.
Zero to one million in notime, Flight.
100 million, buddy.
100 million.
All right.
There's extra zeros.
(46:14):
That's a little fast.
Yeah.
No time flat.
No, it's a great book.
I. I highly recommend it.
He's got as many stars as.
Or he's got as many.
I'm a 4.6.
He's a 4.6.
But he's got 500 ratings.
I only have 100.
Right, right.
But either way, I mean, you'realready a proven entity to show,
(46:35):
like, hey, this stuff works,and that people need to know how
to make this happen for themselves.
So we got two people already.
Let me see if I can find it.
My giveaway one.
So we got two people right now.
(46:56):
So if you guys are really andreally want to get these books.
I know it's, like, so far,showing five people watching.
That's all I can see.
If you want to be part of thisgiveaway, go ahead on and type in
hashtag stubs.
You'll get inside this entry.
So with that being said,you're gonna do it this way.
(47:21):
All right.
This is why I play around with streamyard.
I like the templates.
Okay.
So we're gonna do a smallershift to talk about the saving size.
So we're going to bring thisback full circle to how we started,
which is, I can say what is wetalked about saving the 10.
(47:46):
We talk about, you know,investing the 10.
It's almost like you're doinglike a 30, 70 rule.
Like, don't even care aboutthe rest of the stuff.
Like you live off the 70%,whatever what that looks like.
So can you give us like howdid that work?
Well in your life doing itthat way?
(48:08):
Well, it's definitely harder now.
So I'm not, I'm not sayingthat it can't be done, but it's definitely
tougher now, right, becauseit's hard to actually live off of
your wages, right.
It, it's definitely as.
So you gotta really calculateeverything, right.
(48:31):
You gotta be looking at yourhousing, looking at your vehicle
expenses, looking at your foodand, and for one, living off of a
budget.
I think budgeting is important too.
So it can definitely still be done.
But it's tough.
It's definitely tough.
But even it, either way, evenif you can't pay for everything,
you still should do it, right.
(48:52):
It's one of those things whereit, you, you started out, don't get
it yourself into debt, stayout of the debt, the debt's not good
and keep, just keep pluggingaway and it'll begin to grow.
Yeah.
So do you keep your, like, doyou have recommended, I mean, not
(49:13):
recommended.
What high yield savingsaccounts do you typically look at
or what gravitate, like whataccounts do you actually gravitate
towards when it comes to highyield savings accounts?
So with, when it comes tosavings accounts, there's not a lot
of options and it's going toget worse because we're lowering
(49:35):
rates right now and there's agood chance based off of the financial
data that we're going to lowerthe rate at least two more times
this year.
And so that means that savingsmoney is not going to help anybody
much as far as interest rates.
So whatever account you get is fine.
You know, if your local bankhas one, it's not going to make much
(49:55):
of a difference.
So the only thing I would usesavings for is just to put enough
away to cover in casesomething happens in your life, like,
okay, you lose your job or,you know.
Yeah, something H. Right, exactly.
Anything.
I mean that's one thing.
But anything could happen.
(50:16):
Somebody gets sick.
I mean, there's just a Lot ofdifferent things that can happen.
So a recommendation that a lotof the experts say, and I think that's
fine, is to put away sixmonths of living expenses, right?
And then don't ever save morethan that because savings are a surefire
way to lose your money becauseof inflation.
(50:38):
Right.
If I would have taken that30,000 that I had initially and saved
it, it'd be worth.
I'd be throwing away so muchmoney it's not even funny.
So you've got to invest.
Just save the bare minimum, really.
The rest needs to be ininvestments, businesses, something.
Okay.
Keep it short and sweet.
I like it.
All right, since we only gottwo people, how about we do this?
(51:03):
We can either whoever gets thefirst one, we'll just figure it out.
I'll do the first one.
And, you know, whoever winsout of the two people, because it's
only two people, who's gonna win?
(51:26):
Hey, Psalms, you got it?
Okay, Psalm.
So all you have to do is emailme at about that wallet.
Calm.
I'm doing.
Email me about that one.
This is what happens when youdrink midday.
(51:46):
Email me at info at about thatwallet.com put on there the.
I just hear you say live showdrawing for November 6th, and all
I would need is what, like, Iusually recommend the Amazon boxes
(52:09):
so it doesn't get to yourhouse and somebody do like the porch
pirate situation.
So just send me the nearest,what they call it, the nearest Amazon
box that's near you so we cansend that over to you.
All right.
So I guess Ruthie will get the.
(52:30):
Get your book.
Okay.
All right.
And so Ruthie, like, what doyou want them to email you?
Yeah, how about casey stubbs gmail.com.
and you could just put aboutthat wallet in the subject line and
send me your address and I'llmail it to you and I'll, you know
(52:53):
what, I'll drop a little videoor whatever, tag Anthony on it so
you can see me doing it.
I'll walk to the post officeor something.
And.
Post office is right down thecorner, so it's a short walk from
here.
That's awesome.
And Casey, this is fun.
Is there anything that youwant to leave the people before we
(53:17):
kind of wrap up the show?
Well, I think the biggestthing is just be wise with your finances
and have.
Have some financial discipline.
Learn, you know, learn things,study, watch some content.
(53:38):
I love to read.
Right?
I love to read.
I'm always trying to learn,always trying to grow.
If you're not growing, ifyou're not learning, you're not moving
forward, you're moving backwards.
So take responsibility foryour finances.
It's really the truth is sothis is so true.
Okay.
It's not what how much youmake, it's how you manage what you
(54:01):
got.
Right.
If you can't manage a little,you're never going to manage a lot.
Love it.
And Ruthie says she'll do anunboxing video for you too.
All right.
This does.
She got my email.
It's just Kate's very simple.
Casey Stubbs at Gmail.
Nice.
Yes.
He says, he said it soundsgood on there and.
(54:24):
Alrighty.
Awesome.
Awesome.
All right, Casey, so where canpeople find out more about you and
oh, before we do that, I likethis question.
I know Lisa doesn't like it.
Lisa J.
Stocks.
I love this question because Iactually doing my actual interview
(54:46):
when we do like pre recordedepisodes, which is what is your favorite
dish to make?
My favorite dish to make.
Wow.
I don't know how anyone couldnot love that question.
So I gotta, I gotta tell you.
So I'm not, I did work as acook for while I'm not much of a
cook, but I, I was like agrill guy.
(55:06):
I do steaks.
I'd have the whole grill fullof steaks.
I was at Pondero Rosa Steakhouse.
They went out of business, butit was fun because the flames were
on the grill.
We're grabbing them with thetongs and whipping them out.
It was a lot of fun.
But just this week, mydaughter and I, my daughter's 16,
her name's Abby.
My daughter and I have beentrying to do sourdough bread from
scratch.
(55:27):
Where you do, you take yeast,you don't use yeast.
You use flour and water andyou mix it, then you let it sit on
the counter and then thebacteria grows and it creates its
own yeast.
And it takes like a week to do it.
And so we've been playingaround with this and it's really
challenging.
But there's only twoingredients and it makes the best
(55:47):
bread.
It's literally flour and water.
That's all.
And then when you mix thebread, you put a little bit of salt.
So there's only three ingredients.
Flour, water, and salt.
So because that's fresh andthat's what we're doing now, it's
fun.
Nice.
I'm gonna have to try that one day.
It's hard.
Do you like, let it like whatis the ratio between water and flour?
(56:10):
So the to you gotta create thestarter first.
It's like this little yeastball with just flour and water.
And it's 40 grams of water.
40 grams of flour also equal.
Yeah.
And you, and you measure it,you mix it, then you let it sit on
the counter overnight.
Then you do it again the next day.
And it takes like five days ofdoing that every day.
(56:32):
And I learned.
Guess where I learned YouTube.
There's a guy called Bread Code.
He's really cool, he's German,he's funny, he's a nice guy.
And he, his, his videos arereally good.
Okay, I'm going to have tocheck that out.
Five days to make bread,though, is that at this point I'm
gonna just buy the yeast.
Like, you know, the mainreason I wanted to do it, I told
my daughter, I said, the bread.
(56:54):
Now you watch all these YouTube.
YouTube is.
It teaches you stuff and it'scrazy, but the bread now has like
50 degree ingredients.
And the guy's like, this isn'tbread, this isn't food.
This is horrible.
You know, and so I'm like, Iwant real bread.
I'm tired of eating all thisjunk in the stores.
That is cool.
Okay.
(57:15):
Oh, we, we got another requestto be on the show from A Dad's in
Grass because, you know,talking about your daughter and everything.
Oh, yeah, that'd be fun.
Yeah.
So, yeah, I don't even.
I didn't even.
Did I.
Did I tell you guys that I hadnine kids?
Did I tell you at thebeginning of the show?
No.
(57:36):
That's kind of one of my big highlights.
I usually tell people rightaway, well.
I mean, I didn't know.
Let's.
Can we dive into that?
I mean, I got time.
I mean, if you have any questions.
My oldest is 26.
The youngest is 12.
So I got five girls, four boys.
Hold on.
Okay.
This is why you need toinvest, by the way.
(58:00):
Okay, so, yeah, take us.
Like, hold on.
So you got the first one 20,26 years ago.
The first one comes out okay.
Yeah, you know, you happy?
You know, but what made youcontinue to say, you know, I'm not
going to strap up anymore, I'mjust going all in?
Well, you know, honestly, forme, it's a, it's a faith thing.
(58:23):
You know, the very firstcommandment in the Bible is to be
fruitful and multiply.
And so it's like, okay, I'mgoing to obey that command.
And, you know, a lot of, a lotof it also has to do with, you know,
it's a little bit of faith, right?
Like, okay, how am I going toafford these kids?
Right?
And honestly, every time Ihave More children.
(58:45):
It seems like my provisiongoes up, and I attribute that to
trusting the Lord for my provision.
There is a lot of statisticsthat married men make more money,
and I just really believe thatthat's true.
Married families make moremoney, and, like, single guys don't
make as much.
And part of its motivation,you know, when you.
(59:06):
When you got.
When you have thatresponsibility, you gotta.
You gotta figure it out oneway or another.
Wow.
Okay.
But did she agree to this?
Like, oh, this is somethingthat you plan?
Like.
I was on another podcast, andit was a dad's podcast, and one of
(59:26):
the guys said something hesays, whenever I talk to people with
big families, it's always thewoman that agrees because the dad's
not gonna make that decision.
Right.
So, yeah, no, I didn't tell mywife we're having.
I mean, I recommended it, andshe said, yeah, let's do it.
So it was.
It was definitely her thatwent for it.
(59:47):
Wow.
Okay.
So if I'm just like.
And you agreed like this.
I mean, you know what, dude?
It's the best.
Honestly, it's so good.
I mean, kids are amaz, and mykids are awesome, and it's just been
an amazing journey.
We.
I'm from the.
(01:00:08):
I'm originally from Oregon.
Okay.
And so right now, I live inthe east coast, and so we would drive.
Yes.
We got twins.
Oh, they got twins.
Nice.
Because of multiple.
Yeah.
Yeah.
Just one set of twins.
But that's always fun.
The first ones.
But, yeah, we get everybody inthe vehicle, we drive across the
country, and it's just so manystories, so much fun.
(01:00:30):
That's cool.
It's.
It's great.
Keeps everything lively.
Okay.
So no boring days.
I'm like, how's it quiet now?
That's my thing.
I'm not at home.
Oh.
I drove to the office.
I.
You know what?
When you got nine kids, youdon't work from home.
So that's lesson number one.
Okay.
So for a family that'ssomebody that's out there thinking,
(01:00:53):
like, you know, I just want tohave, like, two kids or three kids.
What is it?
Do you have any parenting advice?
I would say for somebodythat's looking to even have that
first child?
Oh, well, I mean, the.
The parenting advice.
First of all, I've been.
How long has it been?
(01:01:14):
My oldest is 26, so I've gotquite a few years.
And so you just got to learnit on the go, just like in a business.
Right.
You want.
You can prep and prep andprep, but you don't learn until you
go.
And as you learn, the stagesare different, and every kid is different.
Right.
So you have to continuallyadjust because it's like your first
(01:01:34):
kid, it does this, and it'slike, oh, we got through it.
They did great.
And then all of a sudden, yournext kid's having all these other
issues.
It's like, well, wait, whydidn't the first one do this?
You know, because everyperson, every child is just so different.
And so you just got to do your best.
And what.
For me, the hard part has notbeen working so much because I like
to work.
And so focusing on career andworking, I've had to learn to not
(01:02:00):
always put my own needs firstand to step back a little bit from
that stuff.
Yeah.
Because I'm thinking, like,well, how long we got married before
the first child?
Well, so my wife had twins.
They were before we were married.
And then I adopted them.
Okay.
And so then we had five together.
And the last two was really aninteresting story as well, because
(01:02:22):
we adopted the last two.
So.
Okay, so.
So the last two were.
My wife was babysitting one ofour neighbors, and the neighbor,
the mother, was having a lotof issues, and she was a drug user.
And so she ended up giving herkid away to her sister, and then
(01:02:44):
her sister couldn't take her,and so they were going to turn her
over to the state.
And so my wife was like.
She called me up on the phone.
She said her name was Ellie.
She said, oh, they're going togive Ellie up to the state for fostering.
And so my wife was like, wegot to get her.
And so I was like, okay.
So my wife showed up at thecourthouse, and then they issued
(01:03:06):
us custody because we had whatthey called a kinship case.
Well, this was one.
This was one little girl.
She was two years old.
Her name was Ellie.
And then we get her, and thenliterally a month later, and we didn't
know the moment.
We were just babysitting.
A month later, the state callsus the caseworker.
And they said, hey, the motherjust had another child, left it at
(01:03:31):
the hospital.
The child is addicted toheroin, is going through detox.
Would you like to take her sister?
And so we're like, yeah, so wetook her sister.
And so then.
So we got in one month, we gottwo kids.
And then at the exact sametime, my wife said, hey, I got a
surprise.
I'm pregnant.
So we ended up getting threekids right at the exact same time.
(01:03:54):
And then at that point, mywife said, okay, we're done.
I said, okay, yeah, like, now, did.
You go under the knife?
Or y' all just, like.
You know, we're just going touse protection from that.
We just.
Yeah, we didn't get no surgery.
I. I couldn't do that.
Okay.
I. I'm not.
That's not me.
(01:04:16):
Because I've heard women say,like, hey, I've been under the knife
several times.
This is your turn now.
Yeah, I've heard that fromother guys, so.
Wow.
Wow.
Okay.
I did.
I. I didn't want to do thatjust in case she changed her mind,
because if she would be like,let's go for another one, I would
have probably said yes.
(01:04:37):
Okay.
So, man, what kind of.
I'm up here thinking, like,what is, like.
I mean, obviously no alcohol,because clearly alcohol would actually
destroy your possibilities.
So, I mean, now my paid.
Like, what are the health tips?
Like, this is a whole notheradult show because I don't have any
(01:04:59):
kids.
I'm actually about to look up 12.
What is a Psalms?
What, 11.
What's it called?
Which was.
Let me look this up right quick.
There's a really great psalm.
It's a Psalm 127 that sayschildren are a gift from the Lord.
And I've just always loved that.
(01:05:20):
That one.
Okay.
And this one for 112, 6 statesthat the righteous will never be
moved.
He will be remembered forever.
Interesting.
Okay.
Yeah.
So you definitely.
You're leaving a full legacyover there, man.
(01:05:41):
You are.
You're a living king over there.
I'm definitely, definitely blessed.
It's been good.
It's been good.
I enjoy every day, man.
I know this isn't like a full,like, adult family story, but, I
mean, thank you for sharingthat with us, because, you know,
(01:06:02):
from the Sam's generation,it's like, how do we prepare ourselves
for something like that?
Again, it wasn't like you werelike, hey, I'm out the Army.
This is what I want.
I want a big family.
This was more so of like.
Like he said, with business,you got to take it one day at a time,
one event at a time.
(01:06:22):
And Christmas must be lovelyat your place.
You know what?
They're getting older now, so not.
Not quite as much when they're little.
You know how Christmas is justso fun with kids because it's just.
It's very special because of the.
The wonder, you know, the kids just.
They just get so excited, you know?
And honestly, I'm kind of aGrinch, you know, like, oh, spending
(01:06:46):
the money, you know?
But my wife was like a bigkid, and she Just loved to do it
for the kids, and the kidswould always have fun.
So she'd actually get me tocheer up a little bit, which is nice.
But, you know, you just neverknow what's going to happen in life.
You just never know, man.
Nobody knows where they'regoing to end up or what they're going
(01:07:06):
to end up being or wherethey're going to end up going.
It's.
It's fascinated me because,like, just.
Just driving the other day, Iwas like, I never thought I was going
to be here doing what I'm doing.
Like, if you would have askedme 25 years ago that this is what
I'd be doing, I'd be like, no,no, no.
Because I'm up here thinkinglike, well, what does the future
(01:07:27):
hold for you people?
Like, I don't know.
I'm taking it even.
I don't even know whattomorrow looks like.
Yeah.
Wow.
Okay.
Yeah.
So, you know, just the thingabout the, the sandwich generation
and the kids, you just got toteach them these, These habits.
Yeah.
You know, it's.
Finances is really all aboutgood habits and, and being.
Being wise.
Right.
(01:07:47):
And you just got to teach itto them.
And even if you.
If they don't get it rightaway, if you teach the principles,
they'll come back to them eventually.
Because there's just so manystories about inheritances.
You know, if you have money,if I did a great job and I made all
this money, but I didn't teachhow people how to use it.
(01:08:08):
There's so many stories.
It's like a lottery winner.
When somebody wins thelottery, they're usually broke a
couple years later.
And it's the same thing withan inheritance.
If you don't know how tohandle it, it's.
It can destroy you.
And truly, indeed.
And I'm glad that, you know,you figured out investment a long
time ago to prepare you foryour kids and your family and your
(01:08:34):
life and your wife.
And it's like, well, I guessone last question.
I know it's a little over,which is because I know you gotta
get back to your family andunderstand, so.
Sorry.
The only thing is, it's like,when do you cash out of your stocks
(01:08:56):
or even your options so thatyou can, you know, offset some of
the costs or in.
In case an event comes up.
How do you select?
Well, that's a really good question.
And it's something thateverybody needs to.
To figure out.
It's.
It's all totally uni.
Rich person.
Somebody asked me today, theysaid, and this Happens to me a lot
(01:09:20):
because I have a.
Some people that I coach andstuff, they're like, well, should
I take this trade tomorrow?
And I'm like, well, I don't know.
I don't know about your account.
I don't know about your life situation.
I don't know how much moneyyou have.
I don't know about what youneed to use it for.
I mean, I can't answer thosequestions, but you need to figure
it out for yourself, you know?
(01:09:40):
And so for me, I am looking at always.
I like to always add.
Even now I'm always adding.
And I don't really want totake too much out until I hit retirement
age.
Right.
That's really my.
My plan.
And when I do, look, I've gotsome great examples of my.
(01:10:06):
My grandparents and parents, right?
My grandparents, when theyretired, they ended up making a ton
of money just from theirretirement investments.
Wow.
And, you know, that's how Iwant to be.
Right?
So that you have no need forvery few people nowadays.
This is a statistic, Anthony,and I'm sure you know this because
(01:10:27):
you're doing this.
Very few people have enoughmoney for retirement now.
That is true.
Yeah, I saw that recently.
People are still working untilthey're 72.
It's ridiculous.
It sneaks up on you.
Like, as.
As an older guy.
I get it.
It sneaks up on you.
So you got to be ready.
Because I'm in my 40s now, andI'm like, I gotta kick it in gear.
(01:10:50):
Yeah, the 40s.
You still got time.
But some people don't.
Don't.
Aren't aware until it's like,oh, I'm retiring.
Yeah, yeah.
He said all more time.
It's like, what am I gonna do?
I don't know.
I'm gonna rely on thegovernment, but furloughs and they're
cutting Social Security.
What?
(01:11:11):
That part.
I tried to explain it so much.
Yes, you're so, so right.
Oh, man.
All right, well, Casey, Ididn't know.
I'm totally.
I know this went over, buthopefully one person got value out
of this conversation.
And man, thank you so much fortaking your time out of your busy
day with the family.
(01:11:32):
I mean, I feel bad now.
It's like, just have you onthe show.
I was like, man, this shouldhave just been a ten minute phone
call.
Like, you know what?
I made a very specialexception for you, Anthony, so you
don't have to feel bad,because most of the time I don't
do this.
Like, people will want itbecause I could do meetings all day
long.
And I'm like, nope, that'sfamily time.
(01:11:52):
I don't mess with it.
So this is very rare, so don'tfeel bad.
Okay, man?
Thank you.
Thank you so much.
This was amazing.
Hopefully, everybody, you guysgot something amazing out of this.
And congratulations to thewinners of the giveaway.
Please make sure when y' allget the books, take a picture, hashtag
(01:12:12):
both of us, or tag both of usin whatever platform you're on.
Casey, one more time.
Where can they meet you ifthey want to learn more about your
investment style?
Learn about more about you?
Well, this is YouTube, soeverybody on here has probably got
YouTube.
My YouTube channel is FreedomIncome Options, and I post a lot
(01:12:33):
of stuff on there, so there'sall my contact information's on there
too.
Yeah.
Awesome.
Well, thank you, everybody.
And Casey, we just hit on justfor a couple minutes.
I'm gonna just do the closeout stream, and then we good to go.
Okay, great.
Thank you.
Appreciate.
It was a lot of fun.
Awesome.
Well, thank you, everybody.
Hopefully I'll be safe out there.
(01:12:54):
And remember, you can only puton one shoe at a time, because if
you put both of them on, youcan actually wind up.
All right, y' all be safe.
Yeah, peace.