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August 22, 2025 • 14 mins
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Episode Transcript

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Speaker 1 (00:04):
Well, going back to Investing and Trading Live sponsored by
Trading Academy each and every week, I am your host,
Josh little Quist with my good pal al Chonics on
the show talking about the dues and the don'ts and
the financial markets. In the last segment, we did a
little quick market update as we know markets are hitting
all time highs and we had a bell here we
could ring the bell. We have all time highs once again,
but we know there are more opportunities for all directions

(00:27):
with these markets. But also we're going to talk about
in this segment here how to use less capital, less
capital that you actually have, being more efficient. That way
you can use your money's for something else if you
want to, So it's more efficiencies with your dollars by
using leverage. We're going to talk about that coming up here.
If you miss seats for that free trading and investing
workshop that we do locally at the Academy and all

(00:48):
across some measure we're having. The gates are flooded with
these with people coming in that want to gain that
financial literacy. If you want to come into one of
these free investing and trading workshops, simply just text the
word investing to the number two ten, two ten. But
you got to do that right now, text investing to
the number two ten, two ten, and that's for two seats,
one for you and one for a friend. When you

(01:09):
text that word investing into the number two ten, two ten,
you're going to get a text instantly and that's going
to be a link to our landing page. All you
got to do is click that link. You can be
directed right to the dates and times. You can pick
your own seat and date there. We have these on
the weekdays, weekends, evenings, mornings. Anybody can attend. Al teaches these,
I teach these as well, and we have a good time.
So bring those questions in that you have about the

(01:31):
financial markets. If you're looking to gain more financial literacy,
you can also go to trading academy dot com. You
can pick your own seat there. That's trading Academy dot com.
Be sure to subscribe to the podcast investing in Trading
Live wherever you listen to your podcasts on Apple Podcasts, iHeartRadio,
on Spotify. We are making this the global number one
podcast on the financial markets. So l with this next

(01:53):
segment here, we have a lot of listeners and a
lot of people that have been coming to these free
trading and investing workshops that we do with the Academy
here and all across the metro. They a lot of
good people that have great jobs. And you know, I
always ask people when they come in what brought you
in there? There's something something's driving you to want to
come into a free training in investing workshop. And here's
a lot of the common things that I hear. Some

(02:16):
of it is, you know what, I'm doing great with
my with my career, but you know, earnings are just
they're sometimes capped, right, So they're doing great, but they
want to be able to build more for their future,
more for their family. But also they're saying there actually
must be listening to the show here because they're saying,
I want to build more wealth and do that on
my terms. And how you do that is actually by

(02:39):
having more income. Because when you have more income, then
you obviously you have everybody has those crazy bills we
got to pay. Everybody has to have a little bit
of fun, and then you need to have extra or
discretionary income. Extra money is to be able to start
saving so that way you can start to invest or
trade that and and if you know any super millionaire billionaire,

(03:01):
we'll call it billionaires because obviously millionaires, it's really not
a lot of money. These days, they have multiple streams
of income and it's not multiple jobs. Now the market
there's a potential that could provide a few different strategies
or streams of income. Because there's multiple assets, you can
almost call it each asset a quote unquote job. But
you don't want to make that a job. I usually

(03:23):
tell people you don't want to have to change your
life for trading and investing. You just need to learn
the skills and techniques and how the institutions are doing it,
and then follow what they do, but have a strategy
that's step by step to guide you through these investment decisions.
And that way the computer is it just executed it
automatically for you. But you've got to start with some knowledge.

(03:44):
And it does start with those free trading and investing
workshops that we do locally here at the Academy. So
when you're helping people that are coming in there, they're saying, hey,
you know, I'm doing great financially, make really good money
from their job, but they want to do more. What
are some of the direction is that you're able to
point towards for people that want to have a second

(04:04):
or third income stream or strategy to build that wealth bucket.

Speaker 2 (04:09):
Well, you don't think you have to kind of go
back to the what's the makeup of your financial life?
And there's two components to it. One is kind of
the income you accumulation phase, and one is more of
a distribution phase, kind of your retirement phase. And everybody
goes through those two phases. In order to reach the
second one successfully, whether you're looking at building wealth or

(04:32):
retiring comfortably, you're going to have to do something with
the income comportion income portion of it, because that's fed
with an overflow of money from your income bucket. So
if your job is just giving you enough income to
pay your bills, have a little bit of fun, and
there isn't much or anything left over, that really leaves

(04:53):
that wealth bucket empty or far short of where it
should be or where you want it to be when
you're retired.

Speaker 1 (04:59):
So we paid it a make sure of an empty
wealth bucket. So what are some of the things that
people can do to start to fill that?

Speaker 2 (05:04):
Yeah, And unfortunately a lot of the people we see
come in have a second or third job. That is
certainly that's one way of doing it, but the market
is probably you know, this is my opinion. It's the
best source of extra income that's out there because you
can do it anywhere in the world, you have internet access,
You decide when you want to do it, how often

(05:24):
you want to do it. There are assets, though, that
you have to learn to be able to generate income.

Speaker 1 (05:30):
Well, you know what, I'm going to say another nice
thing about you. I like your opinion. That's two in
one day.

Speaker 2 (05:35):
Thank you? Is that the only opinion I've had that
you like? Or this is? Is this a trend?

Speaker 1 (05:41):
Well, you know, let's let's continue on and see if
I have any more positive opinions.

Speaker 2 (05:45):
About pressure is uh so? Yeah, so generating income isn't
isn't as hard as people think it is. There are
a number of sources of extra income. The market provides
several of them. You can trade in the options market,
the futures market, foreign exchange market, you can trade stocks
for income. There's real estate, a lot of different things

(06:07):
that are available out there, but you have to understand
how to do it and what you need to do
before you do anything is know what you're investing for.
You can't figure out how to invest properly until you
know what you're investing for, so you tell us. Part
of what we do is put together a plan for
each student, each person that's specific to what their goals are,

(06:29):
and oftentimes that means doing something different than they have
done before. If you're in a financial situation now that
you are not happy with, either you're below where you
need to be or where you want to be, and
you continue to do the same thing, you're never going
to step out of that situation. You're always going to
be exactly where you are now. So how do you

(06:50):
do that? How do you learn how to generate income
with things you've never done before, you don't know anything about.
You go somewhere where people can give you the knowledge
that's available, not only the knowledge, but also build the
skills to use that knowledge, have the tools and the
resources to help you. That's what we've done for twenty
nine years now. We've been helping students to understand all

(07:12):
of the different components of the financial markets and understand
which one might be the most advantageous for them based
on where they are now. And that's going to change
over time. Too, as you become a little more sophisticated.
As your life changes, maybe there's a marriage involved, maybe
there's a divorce involved, maybe there's a death of a

(07:32):
financial provider. All of those things can impact your financial
life and you be able to you need to be
able to have help and guidance in maybe changing what
you're doing now to take advantage of or to kind
of address whatever that situation or that changes.

Speaker 1 (07:50):
Yeah, that's the beautiful thing of the markets is it
allows that freedom of choice. Because you mentioned a couple
of things. Or you have the futures market, the foro
x market, options market, and the stock market obviously, and
that's why we have these free investing in trading workshops
to guide you through what these decisions that you have,
what is right for you and if you want to

(08:12):
learn more about the futures market, the four X market,
the options market are just what it is, come into
one of these investing into trading workshops and gain that knowledge.
Simply just text the word investing right now to the
number two ten, two ten for two seats. To gain
that knowledge on these other markets, text investing to the
number two ten, two ten right now for two seats

(08:33):
or you can go to trading Academy dot com and
you can pick your own seats and your own date there.
So with these different assets, the futures market, four x options, stocks,
even the crypto market. But the crypto market I would
consider similar to the stock market because you have to
have the physical capital to be able to invest in these.

(08:53):
But you can consider these different assets just vehicles. They're
vehicles to get you somewhere, right, So someone that's looking
for income wants to use the right vehicle to get there.
For example, say I'm looking to get to Scott Staeler, Arizona.
I could ride a bike that's somewhat you know, kind
of a vehicle. I could take a plane, I could, gosh,

(09:17):
what else could I do? Take a car, take a motorcycle.
There's different things you can do or different ways you
can get there. But it's also going to be the
moder risk you want to take. I would I would
say I probably increase my risk on a motorcycle. Probably
increase my risk on a bicycle because I'm gonna get
pretty sore, right, might have some blisters by the time
I get there, get sunburnt. Right, So there's you always

(09:40):
want to minimize your risk, and there's ways to do
that when you understand the knowledge, and that's why we
have these free investment in trading workshops. So with these
different vehicles, l there's leverage that's involved, which is actually
phenomenal because as I mentioned as I ended the last segment,
there's ways to use less capital. So talk little bit

(10:00):
about that so our listeners know that you don't have
to use hundreds of thousands of dollars. You might be
able to start with two, five, ten thousand bucks. So
if you have a little bit of capital saved up,
there's ways to start using these vehicles properly.

Speaker 2 (10:14):
Yeah, and who uses those vehicles. All of the big
firms out there do, even people like Warn Buffett. Warn
Buffett typically will tell people just to buy stock and
hold on forever, but he makes probably eight billion, nine
billion dollars a year trading one of those leverage vehicles.
All of the professional traders do, all of the hedge

(10:35):
fund managers. That's really how they build their profits is
using leverage, which means they can take a smaller amount
of money that control something that could be worth a
multiple of it by ten, twenty fifty, one hundred times.

Speaker 1 (10:49):
So what does that really mean though, al because a
lot of people either don't understand it, which totally makes sense,
but because you're not tiatakas anywhere else? Sure, what does
that really mean? When you can control you know what
I mean?

Speaker 2 (11:02):
Yeah, And it's very much like a like a mortgage
on a house. I think that's one thing people understand.
You can you can own a house that might be
worth four hundred five hundred thousand dollars without you having
to have four hundred to five hundred thousand dollars take
out a mortgage. You know, you basically you're using other
people's money. You maybe that might cost you thirty or
forty thousand dollars to control a four hundred thousand dollars asset.

(11:25):
You can do the same thing in the financial markets
using leverage.

Speaker 1 (11:30):
And they had a much smaller scale though, and you
intiate that skill. So maybe you only need five hundred bucks,
one thousand, ten thousand, whatever it is, because you can
control the money, you don't have to have the physical
dollars to do that.

Speaker 2 (11:43):
Right, Well, think about this, what if you could control
the movement of let's say one hundred shares of a
stock that if you bought the stock would cost you
twenty thirty forty thousand dollars, but you could control the
movement of that same hundred shares for five hundred or
six hundred dollars. That's using that leverage. That's that's how

(12:05):
you you really get the greatest productivity out of every
dollar you have. And you mentioned you a job, well,
look at let's pretend you have a company and you
have employees, and one employee comes in every morning and
goes over in a corner and lays down and sleeps
all day long. That that person is not productive for you.
You need to look at each dollar you have as

(12:26):
an employee, how do you get the greatest benefit out
of it, the greatest productivity use leverage. The other thing
is if you're looking for income, you have to be
able to trade or invest in something that you can
get into and out of a short term basis. And
that's going to be whatever that time frame in is
is specific to you and the asset that you trade

(12:48):
and the strategies will be based on your time frame.
You know, this is something that is specialized as customized
for each person. That's the right way to do it,
because there is not a one size fits all strategy
that is right for everybody.

Speaker 1 (13:02):
Yeah, and I said a couple of nice things already
in the show here today. Al but I got another
one that might not be so nice.

Speaker 2 (13:08):
Here.

Speaker 1 (13:09):
You mentioned, you know, having predict productivity of employees. But
there's someone that might be sleeping in a corner or something.
Are you saying that based off of experience?

Speaker 2 (13:19):
Well, if I am saying that based off of experience,
it wouldn't be me as the one sleeping in the
corner because I wouldn't know it.

Speaker 1 (13:26):
Then Oh, you're right, so you've seen it. Oh.

Speaker 2 (13:29):
What I understand from having been in this business for
a long time and I was a brokeer age, you know,
for years. And I'll tell you this that most financial advisors,
most Wall Street firms, their goal is to benefit their
bottom line, and sometimes that means taking advantage of their

(13:51):
clients or the public. I think I mentioned in the
last segment last week that Wall Street shob isn't to
help you, is to separate you from your money and
make money for themselves.

Speaker 1 (14:02):
Yeah, and that's really why we do have these free
investing and trading workshops so you can understand the background
what's involved. But also how to be efficient with your dollars.
So let's say you got five thousand bucks ten thousand
bucks saved to set aside, and you want to be
able to use it efficiently. Well, you might want to
use the right vehicle to do that. So to come

(14:24):
into one of these free investing and trading workshops gain
that information, that financial literacy, all you got to do
is text the word investing to the number two ten
two ten. That's for two seats, one for you and
a friend. Or you can just go to Trading Academy
dot com and you can pick your own seat and
your own date there to gain that financial literacy on
the right vehicles to get to where you need to

(14:45):
be financially. Coming up next, we still got more retirement
techniques and concepts on these markets. This is Josh and
All investing in Trading Live. We'll be right back
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