Day 3 session am

You guys came in last minute. Good job. Welcome to the Wealth S. Some of you are still deciding. That's fine. I get it. Uh what I've been seeing in the chat in my DMs is a lot of people like I see the value. I see the ROI, but um I might just want to try this on my own first. Cool. Totally respect that.

So, what I want to do for all of you guys that want to try this on your own. So, I'm going to give you 45 minutes and I'm going to give you the entire 12-week road map. All right. Look at my timer. I'm going to show you week by week step by step. So, I'm going to show you what what you need to build each week. I'm going to show you what you need to be completing like what artifacts you need to be completing each step. I'm going to show you what decisions you need to be making and finding at each step. I'm going to show you what obstacles that you're going to hit each step so you can plan for that and what support you'll need. Okay?

Just like I do when I plan my drive trip to Baja. And by the way, go on to YouTube just search ripabo and you can find it. It's I have a network show. It's on ESPN by the way. My season just aired. I think it came out just a week ago for Christmas. It's on YouTube now. Search ripo. But I've been leaning for 20 years. And so again, this how we do it. We have two goals and we make a plan. We plan for everything that could go wrong or go right. And that's what I'm going to teach you. Remember we talked about investing. We did the risk leverage policy because it's not about just how much money can I make. It's also what else could go wrong that I need to prepare for. So I give it to you both. We're going to look at all this. You guys ready to go? All right. All right.

So this is the 12-week road map that I would uh advise you to complete this on. And again, this isn't theory. This is the exact playbook that our members follow inside the wealth. you can follow on your own. Now, uh we've been I've been coaching people through this exact system for over a year now, but I've actually been teaching the system for a couple years in my mastermind. So, I took it when I was only available mastermind and then we launched this course about a little over a year ago. So, this has been doing again not theory. It's been tried and true. Hundreds of people have gone through this at this point. But in this session, you're going to know exactly what it takes to build a fully operational wealth operating system for yourself in four weeks, right? You'll have the road map to follow as I call it come out. Um what's going on? There we go.

All right. So, the first four weeks I would spend going back through the treasury doctrine. So, I walked through it. I gave the artifacts, but remember we only got a little bit of it done and I was like obviously we're going really fast. I was like, you know, put some round numbers in there, take some guesses, um, go back and do it later. And then like the treasure box only went through two of them. You need to go through all four. So, what I would do is I would probably spend like one week for each one. Well, I would spend probably one week just doing this alone. So, one week I would want to get all this done. So, you know, one per day I'd go back through it. I dig through all my data. Once you got your data, the rest of stuff starts coming easy. So, you need to get, you know, your P&Ls, you get your budget, get your balance sheets, you need all your books in order. And then you're going to want to go through and you want to put write out what you think your consumption rules are going to be. You're going to want to write down, you know, uh, what you want what you think that your liquidity rules should be.

So, the consumption rules were like, I will never spend cash on blank so I can appreciate an asset. So, I wasn't going to earn an extra two or three hundred grand and go buy a Lamborghini that was going to lose 30%. I would never pay cash for appreciate an asset, right? So, you have to kind of come up with what you think that your own consumption rules should be, how you spend, right? Then we want to have like our liquidity rules. Liquidity rules, remember we went through the four layers of liquidity. Layer one is our operating money. So, how much money do I need for operating? I walked you through some of the calculations and it's in that workbook I gave you the liquidity rules workbook or the artifact as I call it. So, how much operating income do I need? So, we need to figure out what is my monthly spend and a lot of you ask what about the debt service? All of that goes into there, right? Because I haven't made that payments on a monthly basis. It's like if it's just for your personal, your household or is it your business? I would do this for both. Obviously, like your budget, what do I have to spend every month? And then how many months of layer 1 liquidity do I need? I would say it's at least 30 days. If I have good layer twos, I'm willing to like once a month move money from layer layer two to layer one if my money doesn't replenish enough. So layer one is being replenished by your income every month, right? So it's like your operating account, but how much above do I want in there? So for me, it's like one or two months. One or two months because my income is replenishing that account and so it should stay right around there. But if it gets too low in one month, I can move some from layer two back into layer one really quickly. It takes me 24 hours, 40 hours to move from layer two. I went one the other day. It's too much work. I see Jeremy, you got a fox shirt. You're dirt biker, Jeremy. I see Jeremy Jeremy Jeremy got you. You got Fox shirt. You're dirt biker. You like my D analogies. Anyway, uh so all right, sorry. I got off track there. I can't I can't chat. Uh so I saying is my my account is being replenished every month by my income, right? But because my business is not consistent every month. It kind of goes up and down. I want to have like a one or two month. He's a mountain biker. I like mountain bikes. Um and Andrew Andrew's one of our coaches even better. Andrew's a big mountain biker. Andrew's one of the coaches inside the both of us. I get to know him. Okay. So um my my income is being replaced a month. Um but because my income is chunky because I own my own business. I might want a month or two of of of capital in there. And then I can easily pull from layer two in there. Layer two are my cash equivalents. remember. So that's like my um you know that's my my treasury bonds, my money market accounts stretch I would put into there, right? But I would have to actively sell the treasury bond or I have to act sell the stretch and then transfer the money back into my bank account. It's not hard but you know it's going to take a little time and effort and it's going to take a year so I don't do every day every week but you know I can do that. So you have figure out what those are for you rules. How much cash do you keep in layer one? What do I need there for both my personal and and for my uh and my business and then how much do I want in layer two and we work through those those ratios and a lot of it depends on what you have as obligations how much risk I'm taking. So, for example, if I've gone very risky, meaning I've gone like high LTVs on like some of my some of my loans, let's say for example, on a volatile assets. So, I've taken leverage against my treasury, my Bitcoin treasury stocks, or I've taken loans against my Bitcoin that's volatile. I've gone like high LTV like 60%, I might want more liquidity to cover margin call. If I've taken no debt or very low LTV debt or debt on an asset that's not volatile, like a home with a 30-year fix, for example, I need less liquidity in layer 2. You guys tracking that? Give me a thumbs up. Okay. I want to make sure that I explain this properly. We're going through this because you're going to be on your own. You guys are the selfstarters, the DIYers. I want to make sure you have the information. I'm not trying to keep it on here. So if it's not clear, let me know.

All right. Then once we know the consumption rules, what we're going to spend on, what we're not going to spend on, I'm going to wait x amount of days before I make a purchase over this amount. Right? So we have all all the rules around how we're going to spend our money. Remember one was I'll never I'll never uh spend cash on something on a consumption thing that I can delay. Okay? Then the liquidity rules, how much do I need in layer one? How much I need layer two. Layer three. Layer three are assets that are hard to get liquidity against. Like a home for example, it's not as easy to get money out of a home as it is out of my treasury bill or my money market account. That's a layer three. So how much money need to keep in there? And then layer four are ones that are really hard to get liquidity out of at all. So that's private equity, that's venture capital, that's commercial real estate, that's land, that's things like that. And I'm certainly not saying to not to buy those things, but we just want to know where those at. Remember, layer four is where the real wealth is made. Layers one through three are what protects layer four. Okay. All right.

So then once we've gotten through consumption one, so I'm trying to get through all this probably in in one week. So I work on consumption rules on day one. I work on liquidity rules on day one. I'm going to work on leverage rules. So leverage rules are when you borrow, when you don't. Remember, a rule is a rule. It's not like I think I'll do this or I'll try to do this. I'll try to never go to more than 50%. It's not I'll try. It's a rule. An operating system. right back to the phone. It's written in code. You don't have a developer manually thinking through every decision. It's predetermined with intention. It's written as a rule. By the way, if if any of this is sticking out to you, put on social media and we're sending out the boxes. I got I got to keep reminding Okay, so the the leverage rules are uh when you should borrow and when you don't borrow. I will only borrow for productive investments that have a positive carry. I will never borrow for something that has a negative carry. You guys remember what positive carry and negative carry is? A positive carry means I borrowed from my life insurance at 5% and I put it into a stretch at 11% and I have a 6% positive arbitrage. A negative carry is if I borrowed against my Bitcoin at 12% and I put it into life insurance making 5%. I'm losing what 7%. That's a negative carry. So the rules would be something like that. It would also be the LTVs that we want. Now how do we know what LTVs we want? Well, we do it based off the volatility of the assets. So on a higher volatility asset like a big treasury company like 8020 ball. I want to keep much lower LTV numbers on that. Bitcoin is like a 50 ball. I can have a little bit higher. But on a home that has a 30-year fixed mortgage, I can have a way higher LTV on that because there's no margin calls, no volatility with that. Home being market on a daily basis. Okay. So I need all my leverage rules. So, I will only borrow for these things. I will never borrow for these things on these assets. These are the LTV numbers, liquidity ratios I'll make on these. And so, now I'm setting up different rules for different asset categories. I showed you like the stack and I showed you which asset categories and I put sample LTVs on there. The LTVs are just samples because I may be more risky than you. You may be more risky than me, but also it's not just I'm more risky than you. It's also like right now because we're in the cycle, I want less risk or right now we're on the cycle, I want to take more risk. So, like say for example, in 2020, 2021 when the whole world got shut down and everyone was going to die apparently. And um right, everyone like hunkered down. I didn't want to take a lot of risk and I dissed my portfolio. I stocked up a ton of cash. I think I had like a 40% cash position at the time. I was like I was defend I was getting ready for defense. But then, you know, then everything took off and then I went full offense and I deploy the cash back in position. So, so these things change. The LTP percentage stuff can change. Remember, it's a steadfast rule, but the ILOS gets updates. The iOS gets updates. Okay? So, leverage rules are there. They need to be steast because we don't want to be remember what somebody said. I'm tired of my my policy shoot from the hip. We don't want to shoot from the hip. We don't want the emotion to get us at the heat of the moment. I don't do any shopping. I've been married for like 202 years now. My wife does it all, but I used to. And uh anyone ever gone to the grocery store when they're starving and everything looks good and you just like I take that, I'll take that. I take that. First, when you go to the grocery store, you just ate a big meal and nothing really looks that good. So, like our emotion is like really powerful. So, we don't want to be making financial decisions in the heat of the moment or with the ocean. We need to have the plans laid out in advance.

Risk rules. What you're never going to do. But Mark, isn't this risky? Yeah, it is super risky. It is. Going in the ocean is super risky. It literally is. So, you should not do that unless you learn to swim. You should not do that unless you're in decent shape. You should not do that without a flotation device. You should not do that without a lifeguard on duty. You should, right? So, drisk the situation. You should not do that if they're sharks. Joel says they're sharks. So, there is risk, but there's risk everything. So, if I go to the gym, I could get hurt at the gym. I get a car accident on the way there. I could throw my back out picking up 45 pound weight. I could drop the bar on my like there's a bunch of ways I get hurt at the gym. That's risky. If I stay at home on the couch, then I get heart disease and I get obesity and I get diabetes. That's risky too. Either choice has risk. I get depressed. I lose energy. Right? So like don't think of risk is there or not. The risk is always present and we want to be aware of what it is. We want to understand what it is and we want to mitigate against it. So well staying at home is risky because I can get obesity. I could get heart disease. Uh I could get cardiovascular disease. So what I want to do to mitigate that is while it's on the couch doing breathing exercises and that'll mitigate the risk on the right. You see what I'm saying? So we went in the risk rules remember we went through like what are the single points of failure that we have? Let's stress test it for an income drop. test it for a for a market crash, right? So, that's going to be all your liquid all your risk rules. You want to plan all that out the chat here making sure you guys get track of me, but I don't want to go too slow. I want to make this sink in for you guys. All right. Remember, when we're writing these out, the Treasury doctrine, these are rules. If a rule requires willpower, it's not a rule. If a rule requires will or if a rule could be changed off of emotion, it's not a rule. Okay?

Then, we want to go to the balance. So, now again, we did this very quickly. Uh, we went through a couple of them. We sort of braformed. We sort of just like uh, you know, average them out or whatever. But we want to get deep into this now. So we want to classify every asset in four categories. And what I would probably do is I would also not just classify the assets I have in every category. I'd also classify all the assets I would potentially want to buy in those. And when we did laser coaching yesterday, you noticed how Gary and I were talking about quite a bit was like understand our investor DA. And I forget who it was up here, but we were talking about different ways to buy assets for tax appreciation and oh solar and art and IP and uh Bitcoin and all these things, right? But for you, you should probably do the real estate one because you already own real estate. You already real estate. And for you that's really risky. That's your invest real estate. You don't know anything about oil and gas credits or solar credit. So probably stay away from that because that's risky, right? So it's not that solar or oil and gas or art credits are risky. Except if you don't know anything about them. They're risky, right? So, I would list all the ones I have, but I also think about the ones I potentially want. Um, and then so, um, all the assets I had in four categories. Remember, collateral assets, collateral assets are assets I can borrow against. My home, my Bitcoin, my stocks, because what we're trying to do is stop running off of our revenue and run off of our assets, our treasuries. So, we have to know what assets we have and what we can do with them. If I'm a coach of a team, I have to know who my players are and who I can put in this position, this position, this position, right? So, your coach, these assets are your team. My cler assets, my bargains, my home, my break, my stocks, my productive assets. These produce cash flow, rental properties, businesses, um, could be dividend stocks, things like that. Annuities, they're productive. Warren Buffett hates gold. Hates gold. He never bought gold because gold is not a productive asset. Warren Buffett buys companies. He buys business. He calls what we call efficient capital businesses. Hershey's chocolate, Coca-Cola, big brand equity. All he produces capital productive assets. He hated collateral assets. He didn't like gold. He didn't like Bitcoin either. Not because he didn't like Bitcoin because he invested in private assets. Warren Buffet is all about his dealbox. He knew exactly the type of assets he wanted. That's all he invested into. Then we have lifestyle assets. This is the boat. This is the RV. It shows up on your balance sheet. It's in your asset stack. It's in your assets, not your liabilities. Now, the loan on the RV or the boat is in your liability. But the asset, the RV, the boat is there, but it's not a productive asset. It's not a collateral asset. It's a lifestyle asset. My beach house in Cabo, it's a lifestyle asset because we don't rent it out. And because it's in Mexico, I can't really get a helock against it. So, it's not a collateral asset for me. Now, if I turn it into an Airbnb, it could be a productive asset, but we don't rent it out. So, it's not it's a lifestyle asset. It's worth a lot of money. If I want to sell it, I mean, it's gone up much so much since I bought it. I could sell it. It's it's a very valuable asset. So, it's in the four quadrants. It's a high value asset, but low control. Low control. You guys tracking me? Thumbs up. Tracking me. Some of these questions scroll up a little bit. Uh, right. Yeah. Tim. Tim, I'm going to call you, buddy. Sorry. Should I cash out my Roth IRA contributions to buy it and take out a margin loan? No offense to them, but like I don't know. Any pass will do them? I don't know. Should you? I don't know. Where you going? Why did you buy what you even have in the Roth IRA? I don't know what they are. Do you have Bitcoin in your Roth IRA? Why sell Bitcoin Roth IRA? Pay the penalty by which is the Bitcoin TF. Why would I do that? So, I don't know what you have in the Roth IRA. I don't know why you have the Roth IRA. I don't know how old you are, what your tax taxes are potent. Like, I obviously have no information to help you make that decision. So, what we're trying to teach you here is we're trying to teach you strategy. We're trying to teach you mental framework so you can learn how to make that decision, too. Now, if you join the coaching program, we assign you a one-on-one private coach where you can sit down and literally like have like, you know, Zoom conversations and you can get to the bottom of that question because there's a lot more information that comes from that Tim. But, like, how am I going to answer that question? I don't know where you're going. I don't even know what's in the Roth IRA. Could be, you know, whatever. So, what? Map out my assets, collateral assets, productive assets, lifestyle assets, dead weight assets. These are ones that are not useful. They're not liquid. Um, you know, you bought a time share, you're still making payments on that time share. Anybody want time shares that they bought a long time ago? Nobody. Nobody. Okay, you guys doing pretty good. I don't see anybody hands up. My dad, man, my mom, they went buying like three time shares and uh then he had to negotiate to get rid of all them after after a few time.

Okay. Then we're going to identify what we have that's dormant capital. Okay? So that's money that's trapped in an asset. So I I have 500,000 equity in the home. I'm sure the home is growing at three to three%. Sure, but that money is just sitting there. So that equity, whether that equity stays in the home or I take the equity out, the home's going to continue at 5%. Let me repeat that again. If I have a million dollar home with $500,000 equity in it, whether the $500,000 equity stays in the home or I take the $500,000 out and put it into asset over here, the million dollar home is still going up 35%. It doesn't change that. It also doesn't change my balance sheet because I'm moving equity from here over to here. All I'm doing is taking here. It's not adding any value. my three my house 3% no matter what and now I move over here 20%. So now I have an asset going for three and ass 20. That's the boring capital. It's money trapped in an asset. Your house is going to go with 35% of that equity or not. I want to look at my illquid risk exposure assets I can't access in a crisis. This is where we spend this 200 345,000 capital. All right. This is where we build out the entire personal balance sheet map. All right.

We want to go through the liquidity stack. So week three, I would spend the time going through this uh the ability to wait. I don't care that my treasury stocks are down. I can wait because I have plenty of liquidity. I wasn't I didn't need to sell those stocks to fund my life. I can wait. I have plenty of liquidity. I don't mean I have lots of cash. I have lots of liquidity. My operating liquidity, we went through this. Is that one month, two months? Three months of expensive checking. My buffer liquidity. That's layers two. Is that three months, six months? What do I have? My opportunity liquidity in case an opportunity pops up. But what can I mobilize quickly to take advantage of the opportunity? Do you have credit lines already in place? He locks already in place. Is that already ready? I can just tap into. If you wait until, oh shoot, I need some money. Let me go see if I can refinance my house. That could take months, three months, four months, five months. So, I want to have it up and running. Mary says, "Do your own research. It's how to learn." Yes, I I highly recommend learning and doing your own research. Mary says, "Use AI. Ask questions there. Perplex Gemini. Information helps us make these decisions." Be very careful with this one. Do not let AI make decisions for you. You can have AI do research and bring you back research. You can have AI help you weigh options. You can have AI help you compare things, but do not ask it for information. Do not follow its information. I have tried to get it to give me like tax advice and tax strategy and it's absolutely terrible. I would not follow any of that. But I can use it in like deep thinking mode and I could put tax policy in there and help me think through it. I can do that. So, use AI to help you connect dots and patterns and think things and compare things. Do not have it help you think and give you decisions. Do not. It's terrible. It's only good information that's been fed. Okay. Uh, opportunity liquidity, emergency liquidity. Again, I need to make sure I have that. It's the same as uh dig your well before you're thirsty. Anyone he ever heard that before? Dig your well before your third. If you wait down first, you're going to get your well die before you get the water. You already want to have the well built and ready to go. We want the emergency liquidity. That's assets I can bargain against. And then when we have that, we add all those up. Remember, tier one plus tier two plus tier three divided by my total net worth times 100. That gives me a percentage. If it's less than 10%, you're probably in danger. 10 to 15% eh, it's moderate. To 15%, very strong. Any 20%, you're like bulletproof. Excellent. Back to using Sailor as an example. It's why he's been raising cash and he now has $2 billion of cash liquidity available. All right.

Um, week four, going to the risk and leverage policy again. Uh I kind of went through this already building risk every policy defines their max LTD except for debt shock rate survivability lender concentration limits uh like liquidation avoidance rules. I talked about when I was doing hard money loan in real estate. My hard money lender went out of business. I got margin calls. If we would have split up between multiple lenders, I would have been better off. If you did, if you borrowed against all your Bitcoin in one company and they went out of business, it's difficult. If I had it across four different lenders, I'm more resilient, right? You understand that? Okay. So, that's you should have all that in four weeks. You guys track me so far? Give me a thumbs up. I get that in a month. That's the map. So, sort of like if you're going on a you're going to go hike the Pacific Trail or something like that, right? They're going to sort of give you these gates. So, sort of like back to my trip to Cabo my dirt bike for example. Day one is going to be 300 miles. We have to be here by 10:00 a.m. and have a break. We have to be at lunch by 12:00 p.m. We have to be here by 3:00 in the afternoon. If we're not there at lunch at 12, we have to think about how we can compress our time to get back on track, right? So, we have gates. It's like if you're running a triathlon, like you have zones that you time out. And so, we want to put this on ourselves. And so, that's what I would do here. Now, again, you can go at your own pace. Most of you doing this on your own probably spend two years getting this done. And that's fine. Take three or five years. I don't care. But think about the money on the table in the meantime, right? And and as I said, like you can't do this in November. You can do it in November for 27. All this stuff like we showed when Gary and I were here building yesterday, right? Like, hey, I have this house in under contract right now. What can I do? Like, you can't do anything right now. Like, there's nothing you can do for your tax savings really in November or December. I mean, there's a couple things. You could put some money in 41k and for the tax. You could go buy a vehicle probably real quickly. There's a couple things you can do, but most of your options are gone at that point. So, take as long as you want, but just know the cost between behind. And again, that's why we're calculating those numbers. Here's how much I can go get, and here's what's costing me not to do this. And understand those, okay? Those are real. All right.

So, uh, back to So, we got through weeks one through four. Now, weeks six through nine, we've got that built out. We've got our treasure bind. We've all got all our rules. We have all our numbers. We have all our metrics. We know what all our assets are. They're all our categories. We know which one we're going to do. We got the engine. We got the playbook. We're ready to go. Okay. Now, we mobilize it. That's going to be the next uh the next phase. Weeks six to nine, we've got the foundation. Now, we want to make it efficient. We've got the motor running. Now, we're ready to supercharge on it. This is where most DIYers start to slow down. This is where most people start to slow down. Let me show you why. Week five is about the cash flow operating system. I really wanted to teach this module, but I didn't have time. What we want to do is we want to build rules for all of our cash flow. There's a book called Profit First. If you're a DIYer, you don't want to go with me and my tools and my coaching do on your own, read the book, Profit First. What Profit First does is it talks about how to set up a series of bank accounts. So to optimize cash flow, it's pretty good. It leaves a lot to be desired. I've taken it and I put the profit system on steroids. So profit first will tell you how to create five core accounts. Operating account, profit, account tax, account owner, account. That's cool. I think we need way more than that. So I've changed their system to where I think works better. So I think we need lifestyle accounts, accounts, cars, travel investing, automated accounts, automated routing rules, we make percent based allocations. So we create, we create the system, I have the software where we can literally drag and drop all of our accounts and then we set rules on each account. So we're automating and advertising our car payments, our vacation, our investment accounts, all that. And it's all set up by series of rules and then what we do is we take all that capital that sits in all these accounts and all earns high yield. It can go out earn high yield and come back in automatically. It's all automated and right off the bat, people are making 50% more income. Boom, just like that. For a lot of like high business owners that we have in this group, I'm going to make an extra 50 grand a year just from optimizing your earn alone. Just that. Um, I didn't go through that. That's where I really spend a lot of is thinking about all the cash flow coming in. What accounts does it go into? How do we optimize when our payments are being made? So for example, if my money in my savings account, my check account making 0.4%. Whatever. I'm not making any money. I set up automatic bill pay on the first month. Cool. If I'm making 11% of my money, I want to hold as long as possible. I want to make every single I want to make every single bill goes out the very last day. If I could hold my money just 15 days longer on average, I could double my return. Okay. So, spend I want to be thinking through all that my payment accounts. Where do I have money? We probably got money in my money. My char account, money, my trade account, I a little bit cash over my river account. I got money in First Bank. I got money. I checking. I saving my business. I got all this. So, how do we map that? How do we optimize that? We doing that. Automate everything. Um, the goal here is to have zero monthly money decisions. Zero. It's all rules. It's all automated. It's all system. a system that's designed to get you to your ideal outcome. Okay, so we want to have rules catch operating system danger that you want to watch out here for. Remember if I back dangers I I lead the group called leading the trail running radio. So if we if we see a dual like hey rock on the trail on the right or whatever if there really dual we'll stop and we'll hold somebody there and mark the danger danger. We want to know what those are. So some of the dangers I see here would be set the wrong allocation percentages um overspending on variability instead of smoothing out the variability. Um I see one big problem like I said earlier on the payments people payments too early and they lose the float costs a lot of money and I know a lot of like oh I want to make 10 million. 50 grand doesn't sound like that much. 50 grand compounding over time is a big amount of money. So painful payments too early. The only thing is really losing the flow cost you a lot of money. This is where you this may be where you start to need advisors but I'm sure with googling you can figure it out on your own.

Okay. Week six is the tax optimization. This is creating capital without adding risk. Okay. This is not about adding risk of obviously leveraging assets. There's a little bit of risk involved. But if I'm just creating capital without adding risk I'm just reclaiming some of the money that I already made. There's no risk there. So we want to plug the we want to build a tax reduction value plan. And it answers one where is the tax even happening. Um what business real estate mining solar what what frameworks can I apply? Then how do I redirect the tax savings into assets right from math right? If you're paying, you know, 60 grand a year in taxes without optimization. I mean, you drop in, you're end up 20 grand a year. That's 40,000 year freed up to deploy assets right now. And here we need to have created uh at this point we need to create this tax shield engine, right? This is this is really where the wealth of us really becomes critical. But again, this is what you want to do.

Week seven, I'm going to go into cash yield optimization. So this is the kind of optimizing the leak. So it's sort of like we've uh we sort of built a system in week one. We went to taxes and now we have a better idea to really maximize this in the cash optimization. So like tax accounts, we don't have to give the tax right away. I can keep the tax money and I can make money on that money before I give the tax. We have to be careful. We want to put in like bitcoin where the vault brings it down. I don't have any taxes. We can start to think about where every dollar is sitting. When it's waiting, what it's earning, is it still liquid? So, the cash bucket is the bank, how many markets, the T bills. We have like a payment delay yield calculator that can calculate if I delay my payments by this time. What can I make? Fernando, this is a fiasco. I paid for a course, but all I got was advertising for another course. Really? We could just go ahead and refund Fando's money and get him out of here if that's what he wants. I literally was just on stage for like 24 hours teaching everything and gave you all my tools. Maybe you missed it, Fernando. Maybe you missed it. DJ John agrees with Fernando as well. I guess you weren't here for two days. Uh, we can go ahead and get out of here and find the money, too. Um, if you don't want the system, you don't want the road map. Okay. So, uh, but we want to watch out for dangers here because what happens is a lot of people start to go chase yield and violate their liquidity rules. They'll leave cash idol out of fear. Like I don't I I need to make sure I have this money for the taxes because I don't know if the penalties are really high by the way, they are. Um, so I'm not going to do anything with it because I'm afraid it could get out. So, we want to make sure that we're not doing not leaving cash out of fear. So, again, we can put it in something safe for even a money market account 5% or treasury for 5% at least make that money. But, we want to pressure test this. Okay. So, we have to understand some of these fears. Okay.

Week eight is now we want to start think about the entity structures that we have. So we talked a lot of these questions we did in the live coaching yesterday. It was like should I do this an LLC or should I do this personally? What about should I should I use my C corp for my right? So we have starting to think to the entities. The the ultimate goal now we end up on day one. But the ultimate goal is to own nothing and control everything. And we do that through entities. So escortp corps LLC's trust um all the different types of trust that we might have. All those are ways to get assets into things that we can control. Remember high control but no ownership. No liability. I I reduce my tax exposure. I do I reduce my risk of you know lawsuits and losing things. And we're basically trying to separate control from liability. The way my asset protection attorney explains it is you take away the opportunity of someone to sue you. Because before you sue somebody, if anybody's ever been in a lawsuit, unfortunately, uh it's terrible. But if you're going to hire an attorney to go sue somebody, the first thing they're going to do is go do a discovery this person having assets to sue. Because like if someone owes me millions of dollars, but they're broke or bankrupt, why would I go spend $100,000 or $2,000 to sue them in a judgment that they can never pay? So the first thing you do is make sure they even have assets. So we want what asset protection attorney say is we want to make sure that anybody discovers we're broke. We have nothing. As a matter of fact, I'm millions of dollars in debt. Why am I millions of dollars in debt? Because I keep borrowing against my assets. My income goes into entities that have assets that I no longer own. And I personally just borrow money against all my assets. Suming go ahead. You can get off my debt. Good job. Okay. So, we're separating our architecture, the entity of control. So, we want to map out what we own, who controls what, what's exposed versus protected. So, example like LLC's for my real estate. So, for my ranch property, I hat for someone to go there and slip and fall and assuming and get everything. So, that's it's an entity, a trust for my Bitcoin. So, now that can pass down through generations and it doesn't get taxed. I can put it into an irrevocable trust. So, my kids and my grandkids and my grandkids can never even sell it personal holding for my brokerage. And here, here we really want to create that entity control architecture. Okay. So, so now by the end of eight weeks, so the first first two months you should have your cash flow operating system, the tax shield, I'm sorry, by week you should now have the cash operating system, the tax shield engine, the item c engine control architecture.

Okay, so now we're twothirds of the way through 12 weeks 9 through 12 are now about the multiplication. So this is where the system really starts to scale, right? Here's the thing. Uh this part is custom engineering. So you can't really just follow like a template here. Let me kind of show you what I mean. Let me let me show you a couple stories, real numbers and things we've gone through. So like the complexity that we have here, we talked about like how to get the dormant equity and deploy it. Okay, but not everybody has home equity. Like these are the stories we went to yesterday. Why have I have $2 million of Bitcoin? Um, but I want to put into a trust so that way I can make sure it goes through to my heirs tax free. So this is where it starts to get customized. And each one of us have a different set of assets, different amounts, and we're all trying to achieve different things. And so that's why this has to start kind of get customized. Michael's story, you know, you have $3 million of real estate, but I want to build out this stack of all these different entities to remove myself from ownership, but I still want to get them uh moving faster multiple jobs and have the velocity. So that's why if you've noticed over and over, I had to call out somebody earlier about asking if they should sell, I buy ETF. I want to give you the architecture. I want to give you the framework so that then you can figure out how to um how you can uh manage your own. It's it's teaching the man to fish and I give them fish because the conditions of fishing change every day and we can coach you through the variables on a personal one-on-one basis. But this is where where some of this starts to get a little bit complex and has to be sort of like customized. So again, some of the questions we like which entity should open the helock, how do I for taxation like how do I deduct the interest on that one, right? So this is where even if you work with us or you work with someone else, you're still going to need a team, right? You're still going to need an attorney to handle the entities. You're still going to need like uh you're still going to need CPA to file your taxes. Like I can't file your taxes for you. So you're still going to need those individual need to build out that team. So whether you build on your own with us, you're going to need that. Um so I build that weeks 10 through 13. So now we start to we've got the treasury system installed first month. optimized everything the second month um and the fourth fourth month we've multiplied everything so over the over the 12 weeks you have fully operational west and uh and that's it like I just gave you my route map to go to Cabo now you know the routes we're going to do and what what town we're going to stop on the way and you can do and a lot of times people see us on TV and then they'll pop up and they're like oh we know you're going to come through here and we showed up here or sometimes people saw that oh we we rode this trail but there's some trails that we ride that we won't even talk about because if people go out there without support they'll die like there's one trail that we ride it's not even trail but it's 60 miles from the entrance of the trail to to get out 60 miles and there's no truck that can get in if you break down or get hurt the only way to get out to be a lifted you have to have a helicopter but you're like halfway down the botto How do you even help? Like if you get hurt or break down, you're done. The best option to try get to the coast, somehow have boat pick you up. So we don't talk about it cuz people go there without support like you're going to die. So we give you the map and people go try that.

But if you don't have trucks to give you gas every 100 miles or you don't have someone carrying your gear bag or food, uh, you're kind of stuck. So that's the map.

Um, and uh, and that's basically it. What do we got? Um, yeah, so what we want to do is now I want now to we're going to go to Q&A. That's what I want to spend the rest of the day doing. Um, I want to make sure you guys get this. I've asked like you copy, you get this, you track in, give me thumbs up, but I really want to make sure I drive this home.

And yes, I'm going to tell you one more time. If that sounds overwhelming, yes, you can come inside the wealth of us. Um, we have weekly group coaching calls. We have one-on-one advisors, private advisors we get. We have our entirely advisor network that we can introduce you to. We have a whole wealth of less vault of all the training, all the tools, all the templates. We have the community with about 250 members inside there. The team doesn't make it fast. The team makes it possible.

Um, and I'm I'm going to skip through some of these success stories, but you have the road map. Again, this this event was not about geeking. Those are the comments I came in. I think they missed the first two days. I gave you the downloads. I gave you six of them, seven of them. I think I gave you the tools. I gave the training. I answered your question. I brought people out. We did hot seat coaching. I gave you not about geeky and I gave you them out. You have the artifacts. You know the obstacles. I told you the risk to watch for. You know the timelines of what you should do it on. You can go do this alone. You can do it weeks one to four, four to six weeks if you stay focused. Weeks five to eight, maybe a couple months if you don't get stuck. Weeks 9 to 12, maybe that takes you six to 18 months if you can find the right advisors. Probably 12 to 24 months on your own. But the road map, the question is, if you want to help, we can help you. If you want to build a team, we can help you. Otherwise, uh, we're done with that.

Uh, what we're going to do, I got one hour and we're going to do Q&A. So, we're going to open up here. Do we have a Q&A box going here? Okay. So, we're open up a Q&A box here. We're going to open that up. Let me set my timer. We're going for an hour. Then I'm going jump into VIP for 30 minutes. And then at 12:30, we're going to do love celebration. Set timer here. Yeah. So, I'm going to sit here for an hour. I'm answer questions. We're going to hang. This is this is the fun part for me. I'm gonna sit down. Oh, by the way, get your wa box. Take a picture. Drop it on social media. Tell us tell us an aha moment that you had. Give us a moment. We'll send you out one of these boxes. We're still getting mixed out. And uh let's hang out. Let's answer some questions here. Got an hour. We have We have one and a half hours before the cart closes and you lose all the bonuses. Where's my Q&A? Okay, there we go.

What are the key reasons I should consider buying MSTR instead of coin directly? Dave is asking that. You know, Dave, um it depends on how much energy you have and how much I want to dig into a question like that. A lot of times someone says should I buy bitcoin? I'll just say no. Do you buy house right now? No. And the reason I say that is because it's the wrong question to ask. A better question is how could I do enough research toward the answer that becomes inevitable to me. So should I consider buying an MTR bitcoin directly? I don't know. Do you need a screwdriver or need a wrench? Right? They're different assets for different things. The short answer Dave is that MSTR is a Bitcoin proxy that is a leveraged Bitcoin play that moves about two times Bitcoin. So should I consider buying Micro Strategy Bitcoin? If you want a two times more volatile asset than Bitcoin, then you should consider buying it. If you don't want an asset that's two times as volatile Bitcoin, then you should not buy it. That means that I would expect it to go up twice as much as Bitcoin. I would also expect it to drop twice as much as Bitcoin. So Bitcoin drop 30% down 60%. Exactly what it's supposed to do. Everyone's freaking out. I'm like, why are you freaking out? It went down twice as much as Bitcoin. Exactly what it's supposed to do. So if you want the two times volatility, buy it. If you don't want the two times volatility, don't buy it. That's why I think about that.

Dave anonymous. Um I'm not going to answer questions. I'm going to answer this one though. I keep missing the social media thing. What do we need to do? What is the bonus? The bonus is the box with the mug and the t-shirt and the notebook and the pen and the bookmark and all that's in there. And all I have to do is take a picture of this, put it on social media, and just say one a moment that you add tag. Just tag me at Mark Moss26. And then you get that. Okay.

Um Max Abar, how do you decide when under what conditions and how to change the rules? He gave the analogy of the constitution which is amendment process. How do you decide what amendment process is for your treasury doctrine? It's uh it's personal. So I gave some examples. So I said like in 2020 when the whole world was going to end and the whole world shut down and the markets crashed. Um I built up a giant cash position. I had like a 34 cash position at one point. But then in 2020 21 when we all the stimulus pump the system market started ripping I moved everything back out. So when I want to be more conservative because the markets are crashing, I would change my LT requirements and change the liquidity requirements. Maybe also come down to my business. So right now my business is cranking and we're doing really good lots of seeups coming. I'll run a lower liquidity level. I can change my rule. If um if if if now we're in a recession, my business is suffering. I'm afraid of income loss, then I'm going to increase those rules. That's how you decide. I it's it's uh it's based off of market conditions, my conditions, my mental conditions, my right now I'm working. I got I got tons of stuff coming in. I got plenty of income coming in. So, I'm not worried about the cash flow. But if I was 78 and I want to fix income, then I'd be different. As you start to do this in a year from now, in two years from now, five years now, you feel much more confident. You'll change your rules. Right now, you're scared. You start with more safer rules.

Uh Barry Burman is the program Mark offers use for someone who's 75, probably a 10 year max time frame. Uh Barry, I would say yes. It's extremely useful for someone who's 75. And here's two reasons why, Barry. Number one, uh you're probably not working anymore and you're probably living off of your assets. Maybe I'm guessing just because the average way we retire is to sell our assets every year to fund our life at that stage. So you're probably dwindling down your assets right now and you're hoping that you don't run out of money before you die and you don't really pass to your heirs. So and so number one, stop selling your assets, start living off of them. Number one or two, the inheritance isn't the asset that you pass down. The inheritance is the system that you pass down. So Barry, if I was in your place, I'd want to build out a system to keep as much of my assets as I can as possible and then give that system to my heirs. So I say it's extremely uh powerful for somebody in your position.

Mary Barry uh Murray Chonard, I'm in Canada. Banks here won't lend much more than 80% on real estate. How does someone pull remaining? I mean, 80% LTV is pretty high, Murray. I don't know if I would borrow much more than 80% against real estate. That's that's probably about the top of my LTV rules. So, uh I don't know. I don't know. I I mean, that's kind of I don't know. I don't know if you guys ever US either. Like that. That's already a pretty high LTV.

Uh Andre Haram, what is Bitcoin? You mentioned that day one. Um I uh I've sort of explained it. Uh as a matter of fact, there's a whole video on YouTube maybe breaking it down. I'm not going to go too deep on that. It's basically a process of using tax tax uh incentives to reduce my taxable income and taking money that I would have given to the government, I get to keep and then I use that money to buy Bitcoin. So the government bought my bitcoin for me and then next year I borrow against my bitcoin to get more tax appreciation tax appreciation buys more bitcoin. Next year I borrow against that bitcoin to get more tax appreciation and that become bitcoin machine.

Alfredo salom is it fair point to say that most of the value of mining bitcoin versus buy mining bitcoin and having it grow in price is the potential tax write off the tax write off the option by bitcoin is similar to mine it. Uh no alfredo it's not it's not a fair point to say that that's not wrong. No that is wrong. Um now the price of bitcoin goes up and down and the amount that I can make on mining go up and down. So mining is dependent on three factors. One how powerful a machine do I have and how much energy it take to run. Number two what is the price of bitcoin today? And number three what's the difficulty rating of mining the bitcoin and those variables change. Now it's a mathematical equation. I can tell you with 100% certainty how much Bitcoin you can earn today mining uh computer you had in the cost of energy. What I don't know is in the future what the price of Bitcoin will be or the rating but typically it changes but typically let's hyp and I haven't looked in the last month so it all but let's say hypothetically right now I can buy Bitcoin for $92,000 one bitcoin or I can take $92,000 buy bitcoin mining in computers and probably have two bitcoin in two and a half years. So if I'm going to hold the bitcoin for a couple years anyway why not get two and a half instead of one.

Juan Kamarano. How do I anticipate or put in the equation the variable rate of a heliloc? How do I anticipate or put in the equation the variable rate of a heliloc? Um, so I guess what you're saying is you're getting a whole line of credit with on a adjustable rate mortgage. How do you anticipate that? Well, I would anticipate that by basically trying to think through where I think rates will be. We're going to have to sort of project that. Obviously, I'm going to give you the rate to start with. You know what the rate will be in the future. Um, this kind of goes back to having to sort of understand the macro environment as I laid out in day one if you were here for the state of the world address that I gave. If you weren't here, go back and watch the recording for it. I broke down why I think rates will continue going down during Trump's term here in the presidency. And the rest of the world keys off of what the US is doing. So, I expect rates to go down, not up. Um, but you sort of have to just put it into a model one and you have to make assumptions and then you have to model those assumptions because we know the future obviously, right?

Um Alex Sanderia, these are steps for three months. What do you plan from months four to 12 of the program? Um, we keep going. We keep going. We try to get our money doing a second job and then we try to get our money doing a third job and then we try to get our money doing a fourth job and if the job and then we try to continue to do the wealth alchemy like this like like the strike complexity or the time APR arbitrage or we do other things like that along the way and we continue to coach get better and better at it.

Dave, if I already own a you own some insurance policy, can I move inside another entity like a trust or is that out of the order step? Sure, you can move assets into a trust. Of course, yes, you can. Do you want to? I don't know if there's a question, but could you? Sure.

Ann Marie McQueen, I'm between full-time employment and doing my side hustle full-time. I need revenue from digital products, plus to build a layer one and two, and then I will be with you. Any advice in the in the meantime? Um, I mean, this is how to make money course. Um, but um, you said you need revenue from digital products. So, any advice for that? Um, well, the advice for that would be there's two ways to grow a business. One, get more customers or two make your customers more valuable. We talked about that right on day one. So, you have two choices. Get more customers. If you have some good customers, I would focus on trying to make your customers more valuable first. That might help get your revenue out faster. Um, but if you're starting now, the obvious have to focus on one get more customers. How do you do Um you either earn them where you buy them. So that's going to be no tiebreaker going to do two. So simple, right? Um so you earn them where you buy them and earning them is start creating content. Start write blogs, start podcast, YouTube channel, social media, um affiliate partnerships or two you buy them, start learn how to do paid ads, paid ads on Facebook, paid ads on YouTube, etc. So that's sorry that's a high level answer.

Um Rajie Kumar, could you talk about other wealth accelerators that would result in 20% annual return or similar to the strike convection system or all the other ones Bitcoin related? Uh you know, I'm not going to get I gave out a bunch of the sauce. I'm not going to give out all the sauce. I gave you plenty to get going, Rajie, but I'm not going to give them all to you. Go do the couple ones, get those going, make a bunch of money, and then you pay the system. Come to get more. How's that sound?

Uh Chris Carter, I'm still trying to wrap my mind around borrowing more than you need and then paying for the note with the extra money. Is there a certain percentage you look forward to doing this? Other certain percentage, Chris, would be the time frame you think you need to cover it. And again, let me help you with this. As much as I like to think I'm a creative guy and I came up with this out of thin air, I didn't. Right? When I did hard money loans doing real estate, my lender would loan me money for 12 months based off the value of the asset I was borrowing. So, it's hard money based off the assets. It's an asset based loan, not a credit based loan. My hard money lender would always require me to have the interest reserve account. And so, when they funded the project, they would fund over the amount and put it in and then that would make the payments. It's not a new concept. So, hard to get your mind around it. You know, a lot of people think that um these things are impossible. They don't work because they don't they've never heard of them. They've never seen it. I was like, "How many billionaires do you know?" Like, unfortunately, I've never heard about these things. You don't billionaires. But this is very very common. And so, uh, you can't get your mind around. You don't even heard of such a thing. But this is just common place. This is how it works. I had my California finance lender for years and I did creative finance. I told you this. I was alone against real estate in back final financing, what we call creative financing. And in that world, I go to trade shows and I was in group in that world. This is common place. So, I know just because you haven't heard of it doesn't mean it's new or risky or doesn't work. It's just you just don't know a lot of billionaires. So, anyway, is there a service you look for? It's the amount they need coverage for, right? So, if I think I need I need a year's coverage, I'm going to put a year. I talked about ways where I could take that in put it into something like a high yield return and then I could extend that runway. So maybe by doing that I extend into a year and a half one you know 18 months. Um so those are ways that you would adjust that.

Murray Bandino if you have more relevant specific advice for Australian residents. Uh Murray I'm not sure what isn't specific for Australian residents. The advice I just gave right there on the question before years applies whether you're in England or Germany or France or Australia. So I'm not really sure what the more specific relevant advice you're asking for. Um but if you have a more specific question I'd drop it in.

Murray uh Rainard Peard I still don't understand how I can make 20% per year if I bought a rate of 18% on average. Um if I borrow a rate of 18% average against my assets. How can I make sure I can make more than that without saying Bitcoin 50% a year. So, how can I make sure? How can you guarantee me the future? I can't. Tomorrow's not guaranteed for any of us. It's just not. People die every day. Nothing nothing in the future is guaranteed. So, we make assumptions. We model things out. We make our best guesses and we plan to mitigate the risk of the downside. So, Rainard, we cannot I can't guarantee anybody anything in the future. As we say in the financial world, past performance is no guarantee of future returns. It's just not. So, none of this is guaranteed. Rainard. I can't make you any guarantees. I'm sorry. And anybody wants guarantees. I'm not here to do that. But what we do is we make our best guesses and we make assumptions and we build models and we make educated guesses and we we hope the best and we plan and migate for the worst and we move moving forward in life. I have a venture capital fund the big 20 fund. I'll throw it more time you invest in that. We invested to start our businesses that are building on the bitcoin in the bitcoin ecosystem. How do I know? How can I be guaranteed this business is actually going to succeed in return shareholder capital to me. I I can't. There's no guarantee that business is going to succeed. There's no guarantee the market's going to accept that business. There's no guarantee that operator cash will fulfill what he's going to do. There's no guarantees. But we make our best guesses. We bet the team. We bet the project. We know the industry. And we make our best guesses. We model it out. We hedge our positions. Not everyone succeeds, but the ones that do make up are the ones that don't. And so I'm sorry there there's no guarantees in any of this. And and I know that's probably the answer that you want, but that's the answer that's going to get you the truth.

Uh Rob McManus, after the 2008 recession and digging out of that mess like you, Mark, how do I how did you get past the fear of risk going into the debt again? More psychological question than than numbers. Um, you know, Rob, I gave you my whole story, but I spent 15 20 minutes telling you that I don't again, but I told you I spent seven years of being afraid to use that debt and and I thought I was doing a smart thing and I was making high income. My wealth wasn't really growing because my lifestyle creep went up and the mass wasn't going that much. Um how to get past the fear of going, I think it was probably more um analytical than it was psychological. And so what I had to do whenever you have you ever heard the saying I never I never lose. I either win or I learn, right? And so what happens is we don't we don't win. We don't we don't learn from doing things over and over. We learn from iterations. So what has to happen? My tenner told me this. He's like, you know, we're playing tennis out here and some people they make a mistake like, "Oh man," and they run back and they're mad about the mistake. And he's like, "Well, he's like, "Stop, stop, stop, stop. What just happened? What was the mistake? What do you think you did wrong?" "Well, I didn't turn properly." Okay, so so that's what you did. Let's just practice that a couple times. Okay, now let's go back. Right? So what we do is we make a mistake. We have to go back and what happened with my team here. I'm like, "Look, what happened here?" I don't It's not about pointing fingers and pointing blame, but what went wrong? So we can fix that and not do it again. So going back to this, what went wrong from an analytical perspective? Well, I did this. I did this. Okay, how could I have mitigated that? Oh, I could have done this, this, this. Okay, what was the the right way to do it? Okay, how I put safety measurements? How could I not do that again? So, so that's what it really came down to, Rob. So, I it wasn't a psychological question. It was um it was uh you know, I almost drown in the pool. So now I put on a light jacket and I'm set on a float. I feel better now. I like jacket a float now. I didn't before. Right.

Um Ted Nude, do you think the four cycle in Bitcoin is broken? Yeah, I mean it's not anymore. We're past the four year cycle. It's obviously broken. Uh right. So, uh the speculation of whether it was broken was there a few months ago. Here we are in January. I think it's it's it's proven out. It's broken. Right.

Crystal Ball AR Armis, which layer one foundation high quality insurance company do you recommend? Yeah, I don't. So, one, I'm not going to tell you. Number two, I can't. And the reason why is, as I said yesterday, like we have a couple different insurance companies that we work with. We have several different tax records we work with, we have different tax protection trainers we work with. We have all different people, but they all work with different people. So, for example, the person I use for tax credit, he's my network. I'll refer you out to them. But, he only works with certain people that have certain levels of income and assets. If you have less than that or your income comes from a different source, I have somebody else I can send you to. And so, we have different people. So, I can't just send it to I don't know about you. I don't know who you are. I don't know what you need. I don't know if you need a guitar player that knows how to ri heavy metal or need a guitar player that knows how to riff reggae. Like, I don't know, right? So, we get to that person. I don't know who they are. Number one, even if I did, I'm not going to tell you here. It comes inside it goes inside the network that I am gatekeeping. I'm giving you all the information away for free. I'm not giving you my contacts for free. Okay.

Um, Brett Jeffrey, I have anxiety about the mother of all worse than 1929 events happening. I have anxiety about overleveraging things with no counter party risk such as metal self bitcoin. Sure. Uh, and and having fear, that's fine. That's good. List it all out. Write it all down. What do I think can go wrong? What is the worst that can happen? Then we can mitigate all those. I don't want any of you to go into this thinking it's risk-f free. Just like when I plan my dirt bike trip, we think about all the things that can go wrong and we try to plan and mitigate against as many of those as possible. Like literally, we bring spare parts and spare tires and spare tubes and spare spot pumps and spare radiators and bring mechanics that can work on. We bring trucks with trailers. And now we have a truck trailer on the highway. We have a truck fall on the trail get bike down we lo the bike okay and then on top of it this year I brought an extra bike not just parts in the academy I brought an extra bike we mitigate we don't pretend the risk not there so to your point of anxiety but the mother of all okay so the mother of all crashes 1920 comes cool then what then what so recognize what you're afraid of write it down how is that going to affect me and how do I mitigate against it it's an engineering problem you're dealing problem but this we're talking about money wealth it's it's a math problem

Cornell great day mark thank you uh so bitcoin classifies as collateral asset and a compound asset I could clarify well I called collateral assets assets we can use collateral That's assets we can borrow against. Right now, let let me let me say this. Um, I use this analogy. You already heard it. I'm going to say it again. Sorry, I'm using analogy over and over. I can take a flaad screwdriver or I take a screwdriver and I could obviously use it as it intended purpose and I could put a screw in with it. I could also use it to poke a hole in my drywall to put a hanger in. I could also use to scrape paint. I could probably use it as a weapon to stab somebody. I could use it for a lot of different purposes. Its intention though was to put a screw in. So, what is the intention of why I'm using the asset? That's typically how I think about it. So, well, but I mean a rental property is a productive asset, but I mean it's also a collateral asset as well. So, I don't know, right? Right? So, a lot of times they can be in different buckets, but but but where am I putting my in my portfolio? Let me give you another example. You remember uh remember remember remember uh remember prime time? Anybody know who prime time is? Anybody know who prime time is? Dion. That's right. You guys know Dion. Dion. One of the best football players all the time. He was an offensive player and he was a defensive player, right? And not only was he both, he was one of the best offensive players and one of the best defensive players. So, what is Dion? When I'm a coach and I'm building my team, what's Dion? Well, oh, and special teams, you're right. So, three. So, if I'm a coach and I have Dion on my roster, what purpose am I using him for? He could be offensive player or defensive player, right? So, we're a coach and our assets are our team. And how are we using the tool? So yes, Bitcoin is a collateral asset because I can borrow against it. A rental property is a productive asset because it produces income, but I can still borrow against it too. So you got you gota be a little bit creative here. These are just black and white.

Um, okay. How would you advise Mark Eastman? How you advise to research a whole life policy for infinite banking? Google whole life policy infinite banking. I'm sure a bunch of people come up. A couple things I want to look out for. I mean, mainly for infinite banking, you want to look at um what is the what are the terms on um the compounding I'm going to get and also what are the returns I'm going to get back and then how much can I borrow? How does it what does it take to the liquidity? How long does it take? what percent of DVD you can get. I want to look at those really want to look at I really want to look at the company itself. Um life insurance scares me a little bit because in order for life insurance companies to pay these uh pay these uh yields um you know the last two decades when interest rates zero they had to go out on the risk curve but even worse than that with co and then the with co coming out and then the the vaccines um the death expectancy went up and so uh insurance business is a great business to be in but if you don't write the risk correctly you go bankrupt and most companies weren't planning for co and the vaccine and now the risk all cause mortality went up. I think a lot of insurance companies be offside. So I really want to be careful that I'm using a good insurance company that I think could be around and they didn't they're not offsides based off this new all cause mality they didn't calculate. So, those are a couple things I would look for. I was looking at that jun company.

Uh, Logan K, can you review the slide that has Larry and asset classes? What happens if some assets lose value? I don't know what slide that was. I'm probably gonna go dig that back up. Sorry. But what happens if an asset loses value? I don't know what asset. So, I have a rental property. The rental property makes me 1,000 bucks a month. The price of the home drop by 20%. Does it still make me 1,000 bucks a month? Okay, then like whatever. I don't know. Bitcoin goes up and down. Bitcoin price is down right now. It was 12690. The price is going down. What do I do? Nothing. I hold, right? Because we want the volatility. Layers one, two, and three give us the liquidity. We can hold the volatility. So, what do we want when it goes down? Depends on the asset. And depends on why it went down. But if my productive asset is still producing income, so if it goes down, if my Bitcoin goes down, so if it goes down, right? Um so you know, depend. But if if Bitcoin went down because they developed, you know, they found some big developer code and all a sudden the blockchain security protocol fell and collapsed and um then I might care, right? Then I might care. But what I would say is if asset price goes down, what should I do? The main thing I should do is go back to my thesis. Why did I buy it? What did I expect was going to happen? Over what time frame? Is my thesis still intact? Then I do nothing. If my thesis changed, then I act that's what I would do. I go if I go down, go back to my original thesis, understand is my thesis still intact? Yes or no? If yes, nothing. If no, then figure out what the next action would be.

Sam to what's your take on SDI for income performed well for a while. it performed well for a while. That's the key point. I don't use it. I wouldn't recommend it.

Gabriel Brown in general, would you release equity from your residence to purchase rental property or go with more liquid interest bearing products? I don't know. I mean, both both paths will do. Either path will do. They're both good. Um, so I don't know what more liquid interest bearing products you have that you're thinking of. I don't know if those other interest bearing products are more profitable than what your rental real estate will do. I don't know how capable you are with rental. I don't know if you have the capability, the skills. I don't know if you have the time. Uh, you know, any path will do. They're both good options and you could pursue them both. You figure out what works best for you.

Uh art nibon strike is more volatile than stretch but does offer higher yield and caps the upside as well. Which one do you prefer for level two stacking? Um yeah art I'm not I'm not a spokesperson for strategy and I'm not going to sell the products. Uh they have five different products out there. You mentioned two of the five. Each of the five are a little bit of a different tool. So yes strike has lower yield more upside. Strike has higher yield no upside. You've got that right. Um for level two liquidity you said level two stacking. There's level two stacking. There's level two liquidity. Level two liquidity. I would not want a volatile asset in my liquidity stack. I want to not I said level two liquidity layer two is for cash equivalents. Cash equivalents are a zero to four vault. Strike is not that.

Uh Mike Farlo, I started by accumulating Bitcoin and now have a few million dollar in Bitcoin. Congratulations, Mike. I'm retiring soon. I want this to produce income without selling the assets. Good. That's what you should do. What is your first suggestion to making this a high yield success? Um, Mike, you want the easy answer? I made a product. It's called Perpetual Income. Go to archlanding.com/velocity and just tell them how much income you want. Put your Bitcoin there and they'll give it to you. That's the easy answer. I I don't know what. What is your first suggestion to making this high yield success? Um, you have to harvest the appreciation using debt. You have to manage the payments with an interest account. You want to put the interest account into a yield bank account. Like we already kind of walked through this a bunch of times. So, the easy answer, Mike, is just go to arl.com/ velocity and we just do it all for you. It's a turnkey product. Anybody else has Bitcoin they want to retire off of? Um, I've got like three videos on my YouTube channel breaking it down. I got an 8,000 page word book you can download for free or I create a product goaly. Sign up and I take care of it.

Um, Scott, regarding modifying the rules based on conditions, ED volility, have you developed a way to automate those adjustments? Uh, no Scott, I don't know if there's a way to automate those adjustments because it depends. Not only does it depend on the market conditions obviously, but also depends on me where I'm at personally. Um, maybe depends on where I'm with my age, my risk level, but also just where I'm with my life. I want to sort of take this year off a little bit. You know, I'm ready to retire. Uh, man, I you know, I've taken too many hits. So, it's like I'm changing and the market's changed at the same time. What does it say? Um, no man sees a river for two times or something like that. You guys ever heard that? because the man changes and the river changes. So I'm changing the market's changing and so I I I haven't thought of an automated way to figure out what I'm feeling from an emotional level and what the market is doing. Um, if you if anybody figure let me know interesting Scott. Oh no I already answer that one.

Uh Diego Kadinus when looking at HELOC should I consider the interest only versus principal plus interest option? Um sure they both do I think um I would probably be more interested in the term. So like uh I like long-term fixed debt. So if they're going to be like principal and interest option typically that's like a longer time frame. So they're going to give that to me you know set up for five years or something like that versus only it's adjustable. Um, I would look at the payments, I look at the returns, I look what I put the money into, and then, and I decide what the what the best option for me is at that point, you know. Um, just as a kind of stepping out for a second, obviously, as you guys can see, um, seeing a a one sentence question, um, there's a million other pieces of data that are sort of required to go into that. And so, we're sort of taking hypothetical examples, and I have to give you sort of hypothetical answers back, unfortunately, right? Um, not because I I want to be, uh, hypothetical here, but like that's hypothetical question, you know, I take, should I take principal? It's like, well, it depends. What am I using the money for? How, how, how, how, how, how, how, how, how, the money for, how, how can I earn the money? So, there's other variables to take into consideration. And so, you know, we're just taking just general questions that are hypothetical. Unfortunately, I have to have sort of give you um ways I would think through it because I can't just answer because these are not black and white and and and and again, like any path will do, right? Oh, Grant's got it. The Greek philosopher Heracletus. No man ever steps in the same river twice. That's right. It's not the same river because the river keep moving and he's not the same man. And so, my rules say my rules are never the same because the market's not the same and I'm not the same.

Jay, thoughts on Jeff boot and the price of tomorrow. I've been working towards getting fully Bitcoin standard and his viewpoints with me for measuring everything in fati terms and we're not supporting fiat system versus opting out now the system as much as possible. I don't think there's a question there, Jay. Um I like Jeff. He's actually good friend of You've seen us do many many things together over the years. Um I love you. Yeah, he's great to be smart. Yeah, I agree with his philosophy. I guess that's my thoughts. I'm not sure, but yeah, he's great. Read the book. Yeah, it's great.

Uh Nick, can you talk about control value matrix? How do you view control? I see house versus heliloc as high control. Would you view a house without helock differently? Um so high value is is pretty easy, right? So there's assets that are worth a lot. They're readable. They can go up a lot. They can go up a lot of value. That's the easy part. The control is how much control over the asset you have. So if I have a residential property, I have high control over that. I can easily get a heliloc or if I already have a helock up great. Um so that's that if I have Bitcoin that's high value and high control, I can control. I can have my own custody. I can take a loan against it. But if I have Bitcoin in in in a Roth IRA, I have a high value asset with low control because now I have no control of the asset. I can't take custody and I cannot take a loan against it. So Bitcoin in my own custody is high value high control. Bitcoin in an IRA is high value, low control. Um a rental property like a three-bedroom, two bath residential property is high value, high control. But real estate that's like a class A tower in downtown San Francisco is high value, low control. So real estate can be in either category. Bitcoin can be in either category. Does that make sense?

All right. David Bennett, I'm looking to generate stable cash flow and protect against currency basement for retirement. What do you think about mult real estate cash? Um sure. Yes. Okay. Uh 7% cash on cash doesn't sound that attractive when I can make 11% just going to stretch. Would you rather have seven or 11? I'll take the 11. Um but if I'm getting into real estations, it's not just the 7%. So I would never let just let me answer this, David. I would never do a real estate pay 7%. But typically that's not the way they work. And I'm not here to say real estations. My friend Kimber is probably the largest real estate in the country. They typically pay like 8% pre. Seven or 8% pref. What that means is you're going to make the 7% or 8% preferred meaning you're going to get paid before they get paid. You're preferred. Then you're going to split the difference. So you're going to get paid the first money up 8% first and then what's left gets split 7030 50/50 something like that but you're also typically going to get the the pass flow sorry pass through tax benefits of it and then typically the goal is to try to refinance it in three years and get 100% your capital back so the one year cash on cash might be 7 or 8% but a 5year IRRa should be like 25 or 50%. So you got a bit more research to do before you uh figure that out because that's not exactly how it works. But to answer the question if I was going to decide should I do 7%? No, absolutely not. That sounds like a terrible deal. I would take it.

Um, by the way um what do we have the put the QR code up on the screen? We have about 45 minutes and then we're closing the cards down and you guys are out. You don't get any of the bonuses. Uh the highest value bonus is getting into these small group mastermind groups. I say it's a $6,000 value. It's probably worth more than that. It's really priceless because no matter how much you pay me later, you can't get in because once we form the groups, then they're gone. So use one of those QR codes. If you want to call the call, we got people standing by. The other one makes you takes you where you make a deposit. If you want to get into those bonuses, you got to make a deposit. If you make a deposit, you don't want to have questions, you got a phone call, you decide it's not for you, you got to get a refund. No big deal. We'll give you money back. We're not here to take people's money. We can refund it. No worries. We can charge your credit card back if we don't. Of course we would. But don't lose your chance to get those bonuses. You can see that these questions need coach. And it's no different than look any of you guys can go on YouTube and you can find any information on working out. You want to learn how to build muscle faster. You want to learn how to get leaner. You want to learn how to get more flexible. You can watch all those videos on YouTube. But in the gym every morning, there's all the trainers there with the clients because because the trainer can watch me do my reps. Anybody here knees over toes guy. I bet Sean's heard the knee over toes guy. Of course, Sean has. Uh I love the knees over toes guy. He has completely revolutionized the world of fitness. Like I never thought about mobility. I always thought like like yoga. I got to hold for two minutes and I can't sit still for two minutes. So I actually hate that. Right. Um but he taught me that we get flexible through strength and we get through movement and I'm like I never thought about it like that. Oh my gosh. And with I I hurt my hip h really bad and I went to like two years therapy I could do better within like two or three weeks of using either show also now better like revolutionary anyway you can watch his videos got million followers on YouTube if you read the comments it's like 500 comments like oh my god you changed my life right and you watch on everyone else's show and um he has his like core five or six exercises a split split his split knee squat you know reverse uh walking backwards with the sled um the rais but yet I still buy his app too I'm a member of his app at pay 50 bucks a month to have his app and the reason why I pay 50 bucks to have his app is two reasons one I mean all his stuff on YouTube I can just watch for free but man he has so many videos and he has so many exercises so how do I the right exercises in the right sequence for what I'm trying to achieve. And then even if I do that, when I'm doing them, how do I know if I'm doing it in the right way? So, in the app, he's got them all curated. Oh, you want to build muscle? Do these. Oh, you're trying to recover from me surgery, do these. Oh, you want better uh shoulder? Do these. And then when I'm doing them in the app, I can take pictures and upload them and his coaches will critique me. Oh, hey, based on this, I go a little bit lower. Okay, based on this, I go on next stage. Oh, right. So, I get coaching. I get outside perspective helping me do the thing. So, one, the app curates it all and says, "Oh, here's what you need for this. Oh, here's

"what you need for this." No, I can go watch all YouTube videos and I can spend a couple days going through them all. I'm get confused, not sure what to do.

Or he can just say, "Oh, you have a shoulder problem? Do these. Oh, you have any problem? Do these." And then I get a picture. And then they can coach me through. So, I get a coach because I need that outside perspective. "Oh, I can see what you're doing wrong." A lot of it's hard for us to see it, but they won't be able to tell me that until they see me in the position, right? So, I couldn't go on the app and say, "Hey, coach, um, do you think I'm ready to go to the next level?" How do they know? They have to see me doing the thing first, right? "Hey, do you think I'm going low enough on my split squat?" It's like, "Well, I haven't seen you do this split knee squat yet."

So, that's the coaching side of it, right? So, the information is free. I'm going to give you all the information. But the coaching is the outside perspective that helps you apply the information. It curates it. So, if you guys are like, "Hey, I'm really trying to figure out my click stack." I'm like, "Hey, here's the three train you need and here's the worksheet." And when you don't submit it, and I'll help you go through it, right? "Hey, I'm really trying to figure out if I use heat lock to get this big money." Great. Here's the two models you watch. Here's the worksheet that you can calculate for you and here's my pointing guy you can talk to and when we get all information come back come back come back come back come back come back come back come back come back come back to me and I'll go through it. So it's the curation of here's what you need for this particular thing and then let me go through with you and we can coach you in that specific application.

This is all very specific applications. We can talk to rallies all day like you should get more flexible in your hips but until you actually figure out where your stiffness is coming from and what condition you're in. This is different. If you're 74 years old and you haven't been able to walk in 20 years it's a lot different than if you're a 24 athlete. So the principles are the same. Ben Patrick would tell you the same thing. It's still squat but the way this mother does it he talks about his mother all the time. She's pretty flexible for old lady but the way she's going to do it is different than a young kid athlete would do it. Right. Even though it's the same principle what I would say is the principles are few. The methods how we apply them are many millions of ways we can apply. So anyway uh close in 40 minutes 40 minutes go and click back questions here.

Juan Camarabano how do we apply the wealthless concepts when you have a corporation that generates it own income and has it own expenses and you add the personal layer of profits and expenses especially considering I have a partner and you're 50 owners in our case I have a business line on credit operating expenses possible assets companies.

Okay so this is where we get into the personal application of things one and um first of all you kind of need to start like what is my goal? So like so in the needs of guy app it's like am I trying to put on muscle? Am I trying to recover from knee surgery? So it's like what are we trying to do here? So first of all one you have a business but you're 50/50 owner. Okay, so you have your business and you guys need to think about your business as a business as an entity. Your business is not you. You don't own the business, but you control it, right? So you guys need to decide what to do with the business and how much of the business value is built up and then how much of the business or the equity do we extract from the business. Okay? So the business might decide that we want to buy more assets and maybe the business treasury we want to keep assets in the business and maybe the business wants to buy Bitcoin, maybe the business wants to buy your building that your office is in and maybe your business wants to buy whatever more assets and then we want to do a treasury policy in our business, but then I'm also taking profits out of my business and I'm also doing it personally. Like when I talk about Michael Sailor, Michael Sailor's not doing it. His company called Strategy is doing it. But you think he's also doing it personally? Of course. Right. So he's running Strategy on a treasury policy, but he's also running his own life on a treasury policy. So one, you have a business and you think about the business. What's the policy of the business and how am I building the treasure of business? And then how much profit am I taking out of the business? Then how am I doing it personally as well? Okay. So you have a business line on credit. You have operating expenses. Great. So use your business line of credit to build the assets of the business and figure out what your thresholds are and all that. And then take out what you guys do over here as well. That make sense? So you have two plans I need to make. One for my business, one for my personal.

Now some businesses are great to build equity in business. We talked about this the other day, right? Where it's like the way that you grow business and how the equity valuations can grow multiples off of your revenue. We talked about all that. But some businesses I forget we talked to other business. Sort of like my business, my my Mark Moss personal brand, I can't really sell that. So it's more of like a high cash business. So that business taking all the cash out and building my wealth externally versus if I had a business that could be sold, I want to keep it all in the business because my goal would be exit the business at some point. So it depends on the business what your strategy would be with that. You guys copy on that and you didn't tell me what kind of business you had. So it's hard for me to say. But on a high cash business like my personal brand business, I'm taking cash building somewhere elsewhere. On a business that can sell somewhere, I want to keep money in there build valuation so I can sell that at some point.

L So I'm 76 here for exactly what you just said. How do I build a legacy system that I use today and pass efficiently? Well, I mean I I gave you the the road map obviously. Yes, of course we can we can go join it. plan as I told you is take your assets, set up a treasury doctrine, so to limit your LTB levels, your late ratio levels, liquidity levels, your risk risk leverage levels, set that and then start to pull money off of the assets to pay for your life expenses and then make sure those rules, the doctrines that the system is dialed in so you can pass the system onto your heirs. So your heirs can also get income from the assets without selling the assets. Remember I told the story on day one, my friend in Mexico, his grandfather died and left my friend, he's running the company, but he's running for his parents and uncles and they pass all these houses and beat up two or three hot beats in Mexico, houses up the mountains here, retail properties and the kids, his parents and uncles. They're trying to sell everything because there's no system set up where they can just get the money and go out and sell the assets. So that's what you want to do.

Mike Moriety, I know you discussed this at length, but should you I love this question, but should you 100% take a loan out against the equity of your house? That to most of us is the easiest way to get me extra money. So, there is nothing that is 100% you should do. That's why I said that emphasis. I know you said, "But should we 100% take a loan out against equity?" Absolutely not. There's nothing 100%. Now, if I take some of the equity and mobilize it, I'll grow wealth faster. Does that mean 100% I have to? No, it doesn't. So, none of this is 100%. Do what makes sense to you. Do what? Remember what smart and dumb is. Smart things get you closer to your goals. What are your goals? If your goals are not that high, you don't need to leverage everything. If you if I have $10 million and my goal is to get to 12 million, you don't have to do very much, man. You can just like let compound saying, but if you have one million goals 10 million, then you're going to Yes, you should take all the equity out, right? So, it sort of depends on where remember the two points. Where am I trying to go? And where am I? Um, and then what am I willing to do to get there? So, no 100% you don't have to do anything. Uh, should you? Well, I don't know. Is it going to help you? It's smart if it's going to help you get to your goal. Should you? Well, it's dumb if it doesn't help you get to your goal.

Uh, Joel Joel Rean, another retiree here living off off a decent Bitcoin stack. Would would like to not sell any more Bitcoin. What do you recommend? Well, I recommend not selling it, Joel. Obviously, uh, I recommend what I call harvesting the appreciation. I live off harvesting the appreciation. Again, I have a bunch of YouTube videos that explain how to how to do that. Of course, we can coach you and system how to do that or I create a product. Go to arling.com/ velocity and then you can just the whole thing for you.

So, Greg Quilty and our coaching program. Are we going to be coached on how to get into Bitcoin mining? Um, maybe yes and no. Um, so I have talked quite a bit about using Bitcoin mining as one of our five or six ideas that we've thrown out for tax depreciation. I like using it for tax appreciation. I I like using real estate tax appreciation. We have other ways of tax appreciation I don't really like because they're sort of outside of my area of expertise in my wheelhouse. So I do recommend Bitcoin mining for tax appreciation. So we'll talk about it. We'll talk about how to do it. We'll talk about the tax benefits of it. I'll even introduce you to the people that can do it all for you. Um, now am I going to teach you how to set up a few people ask like hey I want to start up want to buy piece of land. I want to build mining silly. No, we're not going to do that. Like I'm not I'm not here to help you start a business. Um, if if you as I said if coaching like if you want to do the research and bring back the two numbers and you want to compare we can help you with that but I'm not here to help you start a Bitcoin mining operation. We can certainly talk to you about it from like a tax appreciation. I can people to do it for you. So I don't know exactly what you're asking for but hopefully that's sort of answered your question there. Greg.

Um, Aaron Duckworth, if one wanted to deploy a buy borrow die strategy, would it make sense to remove Bitcoin from my Roth IRA? As me, I can handle the taxable income implications and move it somewhere that I can't do a Bitcoin back loan or use to buy more Bitcoin effectively. This moves. Um, sure, yes. I don't know if you need to. So, for example, a lot of times we could borrow against assets in our Roth IRA, but it needs to stay in the Roth IRA. So, if my goal was to actually like live off of the borrowed money, it wouldn't work in IRA. So, that's what I want to do. Yes, I have to take out the Roth IRA. I have to pay whatever penalty I pay and do that. Now, if my goal was to buy or die, right, um I'm going to keep borrowing and levering it up and then when I'm old enough to pull it out with with no penalty, then I'll start doing it. Um, then it might be sense to leave it in there for a while. So if I want to live off of the borrowed money then yes it has to come out. Does that come out right now or do I grow until 55 and a half? I think it is. So ultimately if I live off the borrow money yes has come out. Does that come out right now? Maybe not. Maybe I can allow it to lever up inside of there for a while. Okay.

I think that's about it. I'm going answer one more. Matthew Noto. He asked a good question. I'm going to answer this one and then I'm going to go we're going to VIP for 30 minutes. So, if you're VIP, we're going to be VP. We answer some more questions for you. And then we're going to go into the welcome party. That's where by that means the cart closes in 30 minutes. If you want to come in and work with us, you got 30 minutes. You got the two QR codes on the screen. Make the payment. Uh, pay the deposit, book a call, whatever you want to do. Um, but I'm giving you all the information I can cram into a day and a half. I mean, I I went deep. I went heavy. I gave you more than I I gave you more than I was told to give you because, uh, I knew it was a little bit overwhelming. You know, typically we're trying to sort of more like increase your context, not give you all the content, but I just want to give you all anyway. So, hopefully you notes. Um, we already keep the replays up for a little bit. Um, I wasn't going to do that. Obviously, if you want to buy the recordings and watch them at your own leisure, you get the um slides, you have all the tools, you do that. It's like 200 bucks like obviously at this point you know it's worth more 20 bucks but I it cost me money to get them edited and all that. So a little bit but anyway 30 more minutes card open so at least make a deposit if you don't if you don't want to go through it back deal. Let me answer one more question here.

Matthew no give us an example of money doing six jobs. I'm going to answer this one because I think it's like the crux of everything here. As I've said many times the reason why you have to work so hard is because your money doesn't. I've seen we've answered many questions here the last couple days of people said I'm working a second job. I have a side hustle. Things like that. Why are you working two jobs when your money is only working one? What do I mean by your money only working one? I earned my money and I'm putting it into my house. So my money is in my house and it's doing one job. It's in my house. I'm listening to Dave Ramsey. I'm borrow I'm making money and part of my paycheck is going into my mutual fund, my 401k account. And I'm going to let it sit there for 40 years doing one job sitting in my 401k. And hopefully in 40 years it's enough where I can quit my job and sell it down and I'll die before I run out of money doing one job. My mutual funds just doing one job sitting in my home. That's what 90% of people do. Why 90% of people are not the 1% centers. What the 1% do is they get to dollar doing multiple jobs. So remember we talked about the velocity of money. What the government uses to measure the health of the economy. How fast does $1 go through the economy? I spend a dollar at the coffee shop. The coffee shop spends a dollar to buy beans. The bean supplier spends a dollar to get the gas. The gas store spends a dollar to pay their employee or employee pays a dollar to the burger person for lunch. That $1 created $5 of economic activity. $5 of economic activity for $1 in the system. So we use something called the velocity of wealth. How much wealth is created from $1. How many jobs can I get doing? So the example is I could put the $1 down in the home. I could put $100,000 down on a rental property for $500,000. I put 20% down. So I have $100,000 in a $500 rental property and I live there and it earns rental income and the loan get paid off and builds up equity and that's great, but it's just one job. What I could do is I could put the $100,000 into my life insurance policy first. Then I could borrow the $100,000 against the life insurance policy. Now the money is making 5% interest compounding there. I've got the $100,000 back out and then I put it into the real estate property. So now the same $100,000 is making 5% compounding here and it's making money in the real estate property. Then after a year or two or three when the equity has gone up, I pull $100,000 out of the rental property on a heliloc or refi and then I go buy $100,000 of Bitcoin. Now the same $100,000 is making money here. It's making money there. It's making money there. I have three different investments growing compounding but I only ever put $1 in or in this case $100,000 in. That's three. But we can get between five or seven or 10 or 17. So just like the government uses the velocity of money to measure the health of the economic of the economy, the economic, we use the velocity of wealth number to measure the health of our wealth. Most of us don't have a money problem. We have a time problem. We have a speed problem. What do I mean by that? If you make a million dollars in 20 years, that's not very good. 20. If you make a million dollars over five years, that's not bad. 200 grand a year. If you make a million dollars in one year, that's pretty good. If I make a million dollars in one month, right? So it's not the money, it's not the million, it's the time. We speed up the time. We speed up the velocity. So instead of being $1 to grow over the next 20 years, I get to grow five times for 20 years or seven times 20 years. That's the velocity of money. That's $1 doing three times five. So forget you trying to get a second job. Make money to do two extra jobs. I want to do half a job. That's my goal. My money work harder. I work less harder.

All right. And yes, the Tamara says, "The order of events is very important." The order of events is very important because of tax depreciation benefits that we get, right? So I want to go into a tax depreciation asset first so I can reclaim taxes. So then I have more after tax income to go into the next investment. All right. We have 24 minutes until the cards closed. Scan those QR codes. Your choices are make a deposit call. You'll be one of those. Um, but if you're not VIP and you didn't sign up, then we're done. We're going to jump into the VIP now and we're going to love party. So, I love all of you. I tried to give everything I could to you. I appreciate you guys taking the time to be with me. I really really hope it was valuable for for you. When I started making YouTube videos 7 years ago, my goal was to never never uh well, my goal was always value and I thought the worst thing ever happened and somebody watched the video and thought it was a waste of time. So, most coaches tell me don't teach so much, but that's just the way I am. I want to give you the value. So, I really hope you got the most. I love you. I'm going to keep trying to give you education and keep going. Whether you work with me or on your own, do it, man. Do it with me or without me. Just do it. It's going to be worth it. If you get frustrated and you can't do it on your own, you get stuck. It's costing you too much money. You can jump in later, but you're going to miss all the bonuses and that sucks. Um, so if you think it's even worth your time, book call, talk to somebody. That's what I recommend. But anyway, our time is done. Thank you so much. We will be maybe we'll be back next year uh for round two. Our time is done. I'm out. I'll see you in a little bit. I'll see the members of the welcome party in 30 minutes. As always say at the end to your success, I'm out. May as well hide from the money, too. Money, success, progress. None of it comes without work. Repeat after me. I have what it takes, but it's going to take everything I have. I have what it takes, but it's going to take everything I have. Whatever you want is on the other side of work. Everything you have.