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All right so they've been hearing how -- make of this market the bear market so.
Mike in -- -- back with us now Mike.
What do you think about the market now.
I've learned a lot you know I actually I'm gonna look at some start up companies and -- and look about investing behind us were -- Seeing -- -- was at the beginning and now where it is now lowered its demand.
Hey you know it's funny because that sometimes you see people say well -- you look at all of the original air jordans you know to be worth X amount of money.
The go to all that are key to Jordan's never Wear make sure they don't get -- and then they'll put him in a box does -- -- cycle where does -- have a good time impress your friends.
-- Yeah I learned that I have been training my whole life to invest in the stock market really I have to and think about it so I go shopping and I look for sale.
There you go and then I buy when -- cheap right.
And that and that I spend all this time investing in this company and I tell my family and friends about it and I'm using it to my advantage in my career in my every day life -- The only thing is that you just don't own it you did everything right but -- you hit on something that's really important.
I think the stock market is the only part of our lives when it goes down we head for the hills you know at this.
If there's a sweater and a window and it cost 200 bucks and you walk by every day you really don't have that money you don't wanna spend that much -- -- that's what it's a hundred bucks here and there.
You're forking over the money but when the market goes down in the big -- look it's going -- it doesn't I think you guys -- -- public how many great stocks.
People sold them and going to crash and it's really heartbreaking in 20082009.
In -- January march February of 200975.
Billion dollars worth of stock were sold.
Since then the markets up almost a 100% -- we have bought 75 billion dollars with the stock you know how how would that have changed the lives of so many people.
And so some of the adolescent don't wanna talk about just kind of recap what -- because we have some great guys.
The idea is you don't want to make this a hit and run.
One of the big problems is for people who are actually in the market about 40% on just one stop.
So when you talk about the stock market being a casino did you buy one stock it's going to be a casino if you buy one -- he watched every tick of it.
It's going to be casino you bought was stock gonna go down you sell a -- lost it's a casino.
So it's about sticking stay in the courts I think that was the one lesson everyone sort of said.
Stated Corus buy them when they go down because of you like -- a good company is not gonna go out of business those are some things that I heard.
But I think to resonate when everyone.
I yeah I don't like casinos they take time.
It says doctor you know I'm definitely not a gambler and I do you see how if you do stick with that and the time because there is certain that -- fun with it that.
There's ever -- and -- things that we know instinctively and then there's certain things in.
I think people should do a little bit of homework you know and now you have to be in on -- -- on your computer every single night but.
You know the great thing about the market to is that this not only does -- democratize the ability to become wealthier least improve your life.
But because of the information makes everything is out there I mean everything is out to you right now you -- -- know what IBM is up to you go to the website.
They're gonna have presentations they're gonna have earnings report.
You'll have to get a feel of how businesses though and just a matter -- -- time I mean I know you always left the weights and all that stuff -- -- -- method acting but did -- take a few minutes studied there.
Right now I could I could end -- -- is no matter you know there's going to be their highs and lows.
But -- don't pull -- -- -- just it goes down a little bit so up yet because right now a lot of people are bracing for the crash people tell me.
-- I'd miss the move some waiting for the crash like what will be a talk about -- 9000 points and it does hurt.
Because there's a thing called pride and ego -- in -- is all.
And -- we hate the kind of say we made a mistake we hate the kind of live with that so prodding Eagles probably the worst enemies of anybody -- thinking about the market.
So a lot of people feel like I miss -- on stupid.
But I'm gonna wait for the pull back and prove them all wrong I'm gonna buy the debt personally knocking -- different -- you know because -- gonna be too afraid secondly forget about all that stuff you know then.
What I want is that keep following up with the guys on one of my what does that first one I'm gonna see on TV all the time that's a given and you better remember being okay.
They've -- better -- -- and I -- -- -- -- that goes on here like you really like something new and hot you know.
-- for the last three years around here all the women.
The course watch.
Every time asking the same question and it's fantastic -- together from some of them bought -- themselves some data for a graduation present -- whatever but Michael course.
Its -- it's absolutely through the roof so -- -- you guys that utopian to think about this.
I actually want you to become investors but I want to also be getting -- you see anything they like share with me is everything like now let's start to come on that you think -- -- know about.
How well -- I just want to get some.
-- -- -- -- Stock thank.
You -- I don't know -- -- what about you.
Nine as far stocks -- same.
Just now every -- by some clothing and just anything up anything I'm gonna purchase someone look at it you -- those that G shock right yeah it is an engine sucked he says there are so they have break yeah yeah -- -- so -- want.
This Christmas all the boys from.
Thirteen to 31 in the G shock watch.
Are they publicly traded.
See this is what I want you got to start to do connect the dots everybody had no one of one of those watches you have one.
Just what it takes about a 32.
Google is this publicly traded so these are your marching orders okay.
-- -- you're already hit.
Act upon being -- you when you get those gifts be -- be happy with that but keep don't want to -- I'm gonna follow up not had a fantastic name -- I didn't have -- -- I really appreciate you do as well it.
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