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Well guys i want to have a serious serious discussion today this wasn’t a video i planned on making but over the weekend i have had so many people reach out to me you know friends and acquaintances and other youtubers saying dude there’s a lot of people making up a lot of lies out there about you right now and some some stuff is true some stuff is lies i want to
Kind of go through the biggest things like the most controversial points that are being told about me out there right now people are like you’re you’re trending on reddit people are talking about you like crazy i go on there and i’m like holy smokes you know there’s definitely some some truthful things people are saying there are some other things that people are
Just giving their opinion on there are some people that obviously hate me you know i i am somewhat of a controversial figure i come out you know very hard sometimes against different people have been against different companies and sometimes people are fans of those companies with those people and when i come out hard against you know something like that people
Are going to naturally like me right so there’s all there’s a lot of you know lies being pulled out there there’s a lot of truth being told out there so just want to get into this like i said this isn’t something i really you know pay attention to because i have so much other stuff to go on like like this just takes away from time for me read more in your report
To listen to conference calls spending time when my kids are doing stuff like that like that’s all this ends up doing and then so we’re gonna talk about gopro we’re gonna talk about is am i a bad investor we’re gonna talk about either you know people are saying i’ve never been through a recession we’re gonna talk about people saying i’m bipolar we’re talking
About people saying i lost all my money in 2015 some people are saying i lost money in tesla we’re gonna talk about that people are saying he takes controvert like like like controversial positions just for views you know lately i come in against something you know just so he’ll like you know start a big debate and get more views we’ll talk about that and then
We have people saying i make more money from youtube in courses than i actually do from investing so we’ll discuss all that there’s some troops up here and there are some lies up here all right people are saying he own gopro he is stupid i did absolutely own gopro was a big big possession of mine in 2017 and it was absolutely a failed position as a position i
Started in 2016 and i have you know a big belief in the company okay i thought they were gonna do some big things one ended up happening is just disappointment after disappointment the company you know they didn’t then get the camera specs up nearly fast enough like they should have 4k 60 should have came out at least a year or two before it did they launched a
Drone which was like the most hyped thing about the company that the drone and the drone literally was falling out of the sky like it was the most ridiculous thing and it wasn’t even a complicated problem there was a little battery latch thing that would basically what happened was the drones went up in the sky and then they would be flying around and then they
Would literally just fall out of the sky because the battery would come just slightly dispatched and took the company months to figure that out there was just so many bad moves like we could go into the y gopro didn’t work out for a million reasons but i actually did own gopro absolutely lost my butt on that position big time it was a pretty big five figure loss
And it is what it is so if people want to judge me because of that one position like you can judge me because that one position like like it is what it is i absolutely was a huge investor in gopro and i absolutely lost my butt in that position it didn’t worked out for a million different reasons so if you want to judge me for that judge me for that it is what it
Is okay other people are saying he’s a bad investor in general well okay so obviously before the youtube channel i can’t really prove anything unless i want to start showing old fidelity statements and all that type of stuff so let’s just talk about sense to you a youtube channel started so in 2016 i started a series on this channel called three stocks i’m buying
Okay which goes into the three stocks i’m planning on buying in that upcoming month all right there were if we go through 2016 and 2017 there were four stocks mentioned more than any other stocks alright and by the way you could go through all the stocks i’ve ever mentioned on 2016-2017 and you will pretty much find that almost every single stock other than gopro
Is up massively since that time okay so gopro was obviously the loser of the bunch ii stock that was mentioned ton was wynn resorts wynn resorts my wife and i started buying that when it was like a 60 $70 share we sold out when i started reaching about 180 or so before the whole steve wynn situation came out and i’m not just making that up like there’s the videos
On the channel to literally prove that that we sold out and whatnot so you can go back and watch those videos i’m sure i’m probably showing you screenshots of it if you don’t believe me and you think i’m making up go watch those videos okay another stock that i had on the list a ton in 2016-2017 was apple apple is up massively since then and another stock was google
In google stock is up massively since then you can go back and watch all those videos if you want it’s all available for you out there none of those videos were ever taken down they’re available for you to watch i’m definitely not a bad investor and if anybody ever wants to judge me off short term once again i’m a long-term investor in companies i don’t think that’s
The best way to judge me but if you want to judge me because i buy a stock and it goes down that month or the over the next two months like you can judge me for that i don’t really care in the end okay and by the way the majority of the money that came from go pro i sucked out immediately in eli stock which was documented on this channel and eli were up over 61%
On that position now in a matter of eight or nine months once again don’t judge me off short term but if you want a judge off short term then you better judge off that eli position as well okay so let’s just keep that in two contexts all right he has never been through a recession this is something people are saying he’s never been through a recession and this is
Kind of like a half-truth because here’s a deal i started investing in 2008-2009 that was like the worst time you know why as far as when people viewed time to get in the market all i heard from people was don’t look into the stock market don’t start investing in stock market it’s the worst time to invest in the stock market so in terms of was i investing in 2007
2006 2005 absolutely not i was in high school okay i graduated high school in 2008 that’s when i started looking into investing and actually started doing it so have i ever been through every session no have i invested during a recession yes okay so we’ll say well we’ll give that a truth we’ll give that a truth because i’ve never been through it in terms of i was
Already invested heavily and then you know the bottom rolls out and we go through that okay number four he is bipolar you know that’s a condition i haven’t been diagnosed with but it could be honestly true it could be honestly true i don’t know you know that one i won’t really address that one you know you can judge it for what it is number five he lost all his
Money in 2000 in the 15th is a hundred percent lie i did lose a significant portion of my money in 2015 how did i do this because i started short trading i started trading around earnings okay and that was margining money i basically got so confident in myself too confident because i had made a lot of money in the stock market going up intel going into you know
The end of 2014 then i started margining heavy positions and then i thought i was so smart that i started trading earnings okay i started trading earnings because i knew a lot of industries and whatnot but the thing is is sometimes even if you know the industry very well even if you’re right about that company beating earnings and i was right a lot more than i
Was wrong sometimes still unfortunately that stock gets killed the next day maybe an analyst comes out and downgrades it for whatever reason maybe their guidance wasn’t good or something like that and so i absolutely got killed that year i lost i lost about a hundred thousand dollars between my wife in myself that year which was a significant portion of our wealth
But did i lose everything in 2015 absolutely not okay and i look back at that period and by the way i never had a share of this on the channel i shared this because i wanted to share it and i thought it was good information for me to get out there i could have kept that a secret never had anybody ever know that but i was looked at it this way i’m like mines well
Be truthful about the whole situation might as well get it all out there if people want to judge me for what the bad mistakes i made in 2015 judge me for that whatever it is what it is okay i went completely off the rails no different than a drug addict goes off the rails sometimes and they you know just go crazy with it right i just got caught up into the drug of
Margin trading and trying to make you know quick short-term money and you know it was it was a bad time that’s all i can say and i lost a lot of money hundred thousand dollars at that time a hundred thousand was a lot of money you know so it is what it is but i absolutely didn’t lose all my money that year okay number six he lost money in tesla i literally show
Him the screenshots of when i bought tesla and discussed it on this channel a million times the first time i bought into tesla and then sold out the day that they announced you know or elon musk announced they we’re gonna go private i made it worth $3,000 profit in like less than a month’s time okay there’s most recent time i made about 80 bucks profit okay so
Both the times i held tesla i made profits one time over three thousand dollars in one time like 80 bucks which was kind of sad because if i sold out one day sooner i would have made like over $2,000 profit is what it is i don’t you know it is what it is but you know people saying i lost money in tesla no i made money in tesla both times i just didn’t make as much
As i could have the second time all right number seven there’s a big one for me this is that they want okay people say i take controversial positions just for views meaning that i you know play devil’s advocate i guess you could say or something like that just for views just to cause controversy and the truth is absolutely not but i am a someone that loves to take
Contrarian views okay i love to take the other side of things i love if everybody’s pushing this way i’m gonna go this way okay and i’m not the only one that feels like this or i’m just the one that speaks up i’m just the one that has the balls to actually come out here and do it okay a lot of youtubers a lot of people in general will not take controversial positions
Even if they feel that way because they know the the masses will get you know mad at them the masses will freak out there get a ton of downvote so get a ton of people comment and hate blah blah blah i i just have the balls to do it i did it with bitcoin i’ve done it with you know countless different things over time and it is what it is so do i do it for the views
No do i do a lot of things for views absolutely do i understand that views equal a lot of money absolutely but do i just take controversial positions just to take controversial positions no okay i’m just the one that has the balls to come out and take a controversial position when i feel a certain kind of way most people will not do it in my position because you
Get to a certain you know level right where you just want to be a good a little good boy you just want us to you know stay in and stay in your lane and not cause any controversy because it could damage your brain and every time i do take controversial positions it damages my brand every single time okay does do the views go up yes but does it damage my brain in the
Short term absolutely every time a single time okay people you know kind of kind of back off so it is what it is and the last one number eight people say i make more money from youtube okay the ads that are shown here on the videos and from course sales i have a stock market membership group and i also have you know one big course i sell that’s like everything i
Ever learned in the stock market and they say i make more money from that than i do investing in that is 100% true that’s 100 true and i’m not ashamed to say that for a minute i’m not ashamed as i like like what i’ve built here on youtube is unbelievable okay they’re the kind of you know money we make each month off of youtube it’s it’s amazing okay and i’m super
Thankful for that and i’m super thankful for everything i built here and it’s been a lot of work to get to this level it has been a lot of work and it’s been a lot of hate you get sometimes in you know trolls and all that type of stuff all the stuff you have to go through okay but generally speaking any big youtuber out there you’re gonna make more money from youtube
And from things your other businesses you’re doing my thing is course selling i don’t ever do sponsorships i could i could have all sponsorships but the reason i don’t do sponsorships is because if i did sponsorships and guess what controversial positions sponsors don’t want you to take that right they don’t want you to take that because then they feel like that
Could damage their brand if i had to come out here and speak about whatever then i’m also i’m limited okay but by me just you know free-ranging it yes i absolutely make a lot of money off youtube and a lot of money off courses and it is what it is you know investing it’s like it is hard it would be hard it’s hard to keep up okay we’re making you know as much as we
Make off the youtube channel and whatnot so that is definitely a hundred percent true and i’m proud of that okay now one day i hope that i start making more in investing then youtube and courses and i think that’s possible but you got to understand to get to these numbers that we make per month like like i’m sure i’m showing you screenshots of the youtube numbers
Alone that doesn’t even take into account then my stock market membership group which has over 300 people it doesn’t take into account people that buy my high-end course and things like that like like it is what it is guys doesn’t take him to account the the you know book i i launched in 2017 doesn’t take into any of the old affiliate marketing i did back in the
Day that i still make money from so you know i’m very proud of what i have built the personal brand i’ve built around and you know youtube and whatnot and you know if people want to judge me for that judge me for that but i just wanted to clear the air here about what is true and what is false and you know it’s for you to judge me and judge the channel and judge
Whatever you want to judge okay anyways thank you for watching guys and have a great day
Transcribed from video
i address all the lies By Financial Education
