The Middle-Class Wealth Trap Nobody Warns You About

It can.

This other part, the economy is too bad to start having a bunch of defaults happen.

Yeah.

For those of you who keep asking for 2007 and 2008, they're never going to let it happen. It's going to take too much money. They're going to have to print too much money. You're going to have to force companies to do business together who don't want to do business. And stock went from 187 currently at 62.

62, yeah, yeah.

Bad investment if you got it at the wrong price but they're not going to let a lot of these companies go over they're going.

To force a jensen or a meta or somebody.

To put and that's the other part about like when you get too high up on that totem pole you're forced to save companies that you don't even want to say.

And jensen came out last week and said we don't need to save them yeah they're they're going to be fine we don't even need to save them but i i think There is some truth in some of these neoclouds. They won't exist. Because just think about that. Like that has NVIDIA backing it. Nibius also has NVIDIA backing it.

But NVIDIA is not going to back every one of these neoclouds. And you're fighting the non-neoclouds at this. Right.

Fighting Azure.

Right.

And you're fighting Google. Like, no.

The biggest investment lesson, and I've said it from the beginning, invest in the companies that have the most cash and the ones that move to GDP of America.

Yeah. Once you do that, that list gets down to 15. Another lesson.

If you had to put your life on the line and your kid's life on the line, you're not putting your money in the fucking court. We stop gambling. You want to stop gambling. If you're in this in a short term trade, I get it. But long term, how are you picking them over Amazon AWS?

I guess it becomes affordability. How many companies?

What it does say is this, that you go to most.

Companies are going to need compute.

Yeah.

At some level, you're going to need compute. Allegedly. We can't meet your demand up here. You need to rent it from down here.

How many customers can we get down here from people that are creating that space?

Yeah, a lot of them are not going to make it. We're going to be honest. It's a G-League.

They're serving the stepped-on product, and they got a license to do so, so it doesn't decimate the value of the second-tier market, and they're selling to a second-tier, non-elite customer.

Fair.

Not a great business. Step on it. Thank you, man. That was fair. Second tier, yes.

Yes. Second tier is so far down, though. You're talking about hyperscalers and then everybody else. Yes. Which doesn't mean it's not a bad thing.

And the hyperscalers are too high, but it's a race to I don't want to get left behind.

We can't. Yeah, we can't afford to. And we might not be able to afford to. Absolutely not.

Um, so what do you think about like, when we say investing, like the cost of waiting for an investment, because we talked about that with David Rubenstein, as far as he, a few things, but one was meta.

Hearing that story broke my heart again.

Yeah, for sure. So he talks about, you know, he had an opportunity.

Yeah.

He had an opportunity to invest, um, $ 15, 000 in meta at the beginning dorm room level. He didn't do it. $ 30, 000. And the $ 30, 000 would have turned into $ 100 billion today. And he also talked about how Amazon. He could have invested early in Amazon. They actually did get a small piece of Amazon and sold it as soon as they actually IPO.

Sold it.

So, obviously, you know, he's a billionaire, but still, $ 100 billion is different.

It adds up.

So....

Everybody doesn't have that level of opportunity, but they might have heard about, you know, NVIDIA, Micron, TSM, or, you know, you get the video about the 2027 plays and what is the cost of not actually executing?

It's going to cost you your freedom. Like, I'm going to be very honest.

When you say I'm afraid to invest in the companies that run America, but then you go pay your bills on time, that is literally paying the liability and not the asset. So if you haven't got to the place that you want to get to financially, and I know even for my friends, I get some criticism, like you don't want to buy anything outside of this.

I'm like, my freedom number is here though. I know what I have to allocate the money to.

And a lot of times it's not that the acumen is always better.

People execute at a high level.

Like even when I told that story, saying I couldn't get my family to invest or give me the money to invest in, Facebook. But even in that case, he was getting it on the ground floor when it was a completely different idea. So even how it was pitched was different. Like when I had the chance to, it was Facebook. But even in that, you have to learn how to pitch. But for me, the opportunity cost was, well, I never want to be in a position where I don't have a hundred grand available to put into something.

Like when our guy hit us, you want, yes. If you send it, I'm already familiar, did my research. The answer is yes. So what is it going to cost you?

It's your freedom.

And same thing with work ethic. Like you did the video earlier today, right? Even this weekend, like when y'all go zero dark 30, I'm like, here come Rashad.

Here come. You're rich for relationships. Got an extra bonus. Yeah. Hey, you get 30 that 30 X on your investment. Just from listening to the video.

I'm telling you, if you don't me in a suit and just being out on interest state tour is a recession indicator. So the opportunity cost, whatever millions you want to make or a deck of millions you want to make, that's what it's going to cost you by not putting the money to the market.

And I think that's important for people to understand. It's like, you can watch the show, but don't watch it just for entertainment purposes.

Execute.

This is one of the few things that you can actually watch from an entertaining standpoint that you can actually benefit and make money from in real time. But if you don't execute on it, then you're not going to be able to. Because we done talked about SMH, we done talked about NVIDIA, we talked about QQQ, we talked about The Franklin Dynatech farm. We talked about Bitcoin. We talked about Sanders. We talked about AMD. We talked about Google and Microsoft.

Think about every top stock we've talked about on the show.

Yeah.

That's a high percentage of winning.

But you have to take the first step. So you might not lose $ 100 billion, but you might lose $ 50, 000. Or $ 500. Or $ 1 million.

Shout out to everybody in Red Panda. Red Panda Millionaires, gang, gang. And if you want to learn how to get rich from the market, go to eninvest.com. And they cost you millions, though.

For sure.

As a result.

Like, I look at some of the people who even started with me who may have wavered, and then you start a new batch. It was like, damn, I got off board for a month, and that month turned to six months. How many people do we know who started in content and had an edge, and then they just didn't keep going?

Let it go. Didn't keep going.

Yeah, it's over with. Now, you try and rebound it. You can't.

When you have your moment as an entrepreneur, you have to put your foot on the gas and make sure you never lose.

Yeah, man.

The interesting part is when he tells the story, Rubenstein, he says, you know, Eduardo did put.

The money up. Yeah. Put that money up. Eduardo's worth $ 45 billion. He's living in Singapore.

Chris Saka put up, I think, 1.3, I think, Saka.

Man made $ 117 billion. Yeah.

I mean, the opportunity, I mean, it's tough to even quantify because there's so much that you're going to, you're going to miss. Even like I said, from the start of this in, in, in 2020, the amount of money and opportunities that, that have been missed. I mean, how do you count it? How do you even quantify it?

But the, the, the beautiful part is that you can start now because there's still more opportunities. I always say this, we're not done. Like And EYL, you always say, we're not done, we're not done, we're not done. They're like, how do you know we're not done? I'm like, because the market is going to present opportunities for us. And so as long as the market is presenting opportunities, we have an opportunity to take advantage of it.

So we're never really done, but.

News changes, companies change, but most importantly, opportunity changes. So the more you wait or you hesitate or you delay, the opportunities change.

And so we got to make sure that we understand that.

That's why We always say information's on us, but execution's gonna be on y'all.

So you have to take action. And on top of that, they're gonna keep moving up the cost of living. Now that some of the information has been given- just the cost of things are tremendously high.

I had this conversation this morning. I mean, have y'all seen a serious thing, right? The guy who worked at Sears.

Oh, yeah.

That's been everywhere over my timeline.

But I remember that time.

I remember back in the day, if you worked at like a factory or a steel mill, you could have a main family and a family of four pounds affordably.

When we grew up.

Like, you don't even, you can be a circuit city manager and have a main joint and an extra joint and a Pontiac Firebird and send your kids to college.

Bro, I literally woke up and I was like, I remember those times.

Like, you were the, if you were the manager at Radio Shack, like, you could have.

Like, a dope apartment or you.

Might be able to have a house with a kid and, like, people went to malls and that was an opportunity for kids to go to have, like, jobs and, People will manage the stores and they have families. And I'm thinking like right now, there's no way that, and no disrespect to anybody, like Best Buy. It's going to be tough to like raise a family of two and be a manager.

Bro, you remember when a hundred grand was like the goal when you were a kid? A hundred percent. A hundred and fifty? It was like, you were up. Yeah. Let me just thank my parents.

How they do this.

You got to listen to the information that's being provided and learn every single day. I learned something yesterday, actually, that you know, that 6,000 pound rule that we talk about all the time.

And, you know, SUVs.

Yeah.

But, you know, there's cars that weigh 6,000 pounds.

100%. For sure. I tried to get one. I tried to get it. No.

They canceled it.

Oh, they canceled it. Okay. Yeah, yeah, yeah.

So, there's cars that weigh 6,000 pounds.

It's bigger. It's bigger than XC.

So, like, that's, and this is, I'll just give them a little bit of game since you brought it up. So like when you have like a hybrid car, like you got to think that it has the fuel, but it has the battery that adds to the weight.

Okay.

But then you got an incentive for buying an EV. They used to, this administration changed it, but they used to get a $ 7, 500 tax credit, right? For having an EV. And then you might get a state credit for having an EV. So you almost save like eight to $ 9, 000 just for having an EV and Then, and I'll use the, it was the Porsche Panamera Hybrid at the time when it was obviously battery and fuel, so it's heavier.

But then they stopped making it. They stopped making it. And that's another way to save them. Well, that's why Elon put them air compression things on there. The rocket edition.

So even if a car weighs 5,000 pounds, it technically weighs 6,000 pounds.

Because the government uses GVWR, which means gross vehicle weight rating.

Okay. So it's the car itself, the driver and the passengers. Okay. The fuel, luggage, and cargo.

So a 5,000-pound car is 6,000 pounds.

Legal cargo. If you got the BBW, too.

So. Jesus Christ, what are we doing?

But through, if you're in Brickell, for sure.

For sure. Miss it.

Cartel.

Yeah. Legal.

At all times. At all times.

That's a good rule.

Before we leave, anything we need to cover?

Yeah, yeah, yeah. I think it's important as we keep going into these earnings weeks.

The Middle-Class Wealth Trap Nobody Warns You About

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