Day 4 Fintech Bootcamp

Money people talk different. Instead of talking about 'how do I spend money' instead of how do I make money make money for me?

1 billionare: I know how to make money but I don't know how to invest it. he admired wall st trapper knowledge. commit to being the wealth builder of your family. 

billionares increased their wealth by over 200 billion dollars. they gave us 1400 stimulus check. who got PPP loans first? the corporations. its not fair. 

Whatever you didnt know before these 3 days, no you know and you have been painted a different picture. from this point, its up to you. 

Q: I put a trigger for 202 for Paypal. it hit it but then i heard your voice in your head: you don't invest in what you don't know. 

A: there is a price where we can get in there. $134 is great price at Paypal. for chipotle, 550 was my price. sometimes they dont go all the way down to that. but its good to buy it when its under the average price.

Q; doing reserach on data  mining, questions is how do we get through the information to where we find the company that is a big player and not getting lost in the jargon. 

A: i'm an information junkie, I love going down the rabbit hole. data mining can blow your brain. fintech for how blockchain is to crypto, that's how data mining and machine learning is to Fintech. if i go too far, i forget why I came here I go back to an original point. let me put a guideline here so that i can stay on track. information is infinite. set those guidelines, researching this, let me stay here. when they bring you to another company, don't go there. if i know i want to be stuck in one company i will write it down (another company that they mentioned) and keep  reading on company i'm researching. 

Q: I started researching the metaverse. is it too soon to buy metaverse real estate?

A: hell no. I just told someone today to lets go buy real estate in metaverse. we gotta figure it out. got a text, it was an Instagram posts said the virtual real estate in the metaverse is an opportunity. 

Q: which metaverse to buy real estate in? 

A: we all have to use research. use laptop and phone to do research. don't be confused. after work, get home, go study the metaverse. information is our friend. go learn it. staying confused gives wealthy more time to build more wealth. let's get it. 

Q: i took the portfolio class. I'm looking at digital real estate. i found another company that was around longer and digital reality and make more money. what metrics do i use to figure out which 3 are best to buy? all 3 pay dividends. I'm confused about how to stack dividends versus positioning myself for growth.

A: I own both of those. twofold, what do you want them for? i use them for dividend only. I know its a growth sector, because its a REIT you wont see massive growth there. the dividends will increase but they will keep increasing the dividend only, so i keep them for dividends. where is the growth like, how will CEO handle the growth. wall st trapper course breaks it down. I've owned digital realty for 2 years. its a data center. because everyone needs data it needs to be stored somewhere. DLR is the stock symbol. The solution to poverty is wealth. the formula is wealth is information, application and adjustment. 

IF YOU COMMIT TO BUILDING WEALTH, YOU CANNOT ENTERTAIN ANYTHING THAT MAKES YOU POOR.  

I am is the 2 most powerful words in the English language. anything after that, you embody it. 

Classism is stronger than racism. racism is so low level, but classism is something that is overlooked. 

He's thinking about doing  a sale for the options class for Black Friday. 3500 lets do it for 1997. Whatever you get, its going to black Friday. simple. last time, it wore me out. Dec 17th is the day. It'll be 2 classes. 

Wall St TESTIMONY: today I make 12,000 today. I didn't get on Instagram today. I'm not a day trader. The way I trade options is different than everybody I know. I didn't start off doing that, I started making 200 or 300 dollar. you are paying for the speed of the learning curve, to not have to go through the hardships. the people that took that option class already made money. we put information in the group. 

Trap masters is 15k and its once a quarter than enrollment is open. 

Q: during pandemic, i bought everything i could think of. only bought 10 of everything. I'm in square, i paypal. but if i add to it my averages changes. so should i start a different platform or should I add in?

A: the value of the business changes every time the business does something new. I research my companies then i figure out every 6 to 8 months I look at them. You never know if there will be a deal on those companies. Paypal she got it at 83, trapper got it at 74. for me to get in it now it gotta be 175 i bought 200 shares at the 74. I was ready, when the pandemic hit, I was ready for it. We never know when the company is going through a certain event. from where you bought it to where it is now, the stock doubled. you playing with profit now. 

REEVALUATE YOUR BUSINESSESS SO YOU KNOW WHERE TO GET IN. 

Fintech will integrate itself into everything. as of right now Goldman Sachs said companies are investing 300 billion in the last 3 years into Fintech. It will surpass a trillion dollar industry. Every time someone has an app then we look at what is the payment processor on that one. 

Companies dont have time to create a machine learning division so they will merge or collaborate with a company that already has that. 

**TRAP HAS BEEN STUDYING THIS FOR 2 YEARS WOW***

I own RIOT and BLOCK on Tdameritrade, they have been treating me well. (couldnt find block stock)

Q: Blockchain being Fintech, HUT what other things surround it? 

A: You gotta look at the data. blockchain is the data that makes the transaction seamless. look at software that makes that happen. who makes that happen? something i'm trying to figure that out myself. 

another student: SPRUNK. i work in technology. sprunk turns raw data into a way that you can see what the data is. you get that? (could not find that stock but maybe its a software)

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Day 3: WHERE TO GET IN AT

Racism is low level. classism is a bigger thing. everyone that is racist cant afford to be in classism. 

Harvey Schwartz- previous head of Goldman Sachs is on the board of SoFI company, Goldman Sachs has been invested into FinTech so it makes sense. 

Once options was something i got in my brain, it was different from me. i made 12k today in the market. 

IPOs coming up in 2022:

1. Chime 35-45 billion valuation. makes dealing with financing easy. takes financial planner out business. 8 million users.

2. Stripe: 100B valuation. payment processing through mobile apps developing integrating payments. 

stripe has 1 million users already. 

other companies:

1. plaid- will be another one. it will be a game changer as well. ipo next year. it builds APIs for other businesses. takes high level information only banks have and breaks it down tot he everyday user. 

2. PD- software as a service. Fintech is intertwined in that, it doesn't have to be the face, it can be the software behind it. so many ways to make money behind this. my goal was to give your information on a platter on companies you can look at and start comparing to other companies. Netflix is saas, licensed to sell you movies. 

3. predictive behavior analytics- I feel a lot of insurance companies will pick it up. My insurance made me get this, this is how I found out about it. Insurance for the month can increase or decrease depending on your driving behavior. This app tracks when you slam the brakes, how fast or slow you go, etc. 

4.Garmen is a company you might want to look at, GPS company. (repeated that a couple of times)

5.behavior analytic companies they know when you go over the speed limit. down to the times. 

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6.ARK Fintech Innovation ETF, if you want to get 2 ETF, compare and make sure they are not top heavy the same (heavily invested in the same companies). 

current price: $51

option 1: buy on corrections- 20%

option 2: dollar cost average

If coinbase and square have  a good day, it will perform. if it doesn't, it will not do well. 

7. Finx ETF 

if you own this 2 you are in the FinTech business but you have a different exposure to it.

credit karma. intuit bought that company as well. Intuit is up 50% this year. 

8. Ipay ETF (IPAY), almost similar to ARK Fintech Innovation ETF

they got American Express, like that.

Mastercard, not as much. Global Payment is slept on. (GPN)

biggest fintech company in the world: is Chinese (? couldn't get that) that owns Alibaba group. 

Credit Sesame, over 10k employee and 35 billion in assets. 

Alibaba and put everything under it, Ali pay (has more users than anybody). Alibaba, credit sesame and other companies that work with Alibaba. 

ETF has 30 companies gives us different exposure in the Fintech industry. 

Fintech is a 6.4 trillion industry within the next 6 years. that's where the growth is at. 

we need to invest in fintech, also cybersecurity. who looked into getting a VPN?

The opportunities that we pass become the obstacle that the next generation has to face. I need you to say that I'm a disruptor. you understand what it took to get here. have you had a different information would you not be in a different position? 

Graduation from ETFs

You have ownership in ETFs

select 2-3 individual stocks

research in-depth

and buy on sale!

50% of my stocks will be in Fintech at least by next year, I've already been selling things to move over. I gotta execute on this information. 

Money is a tool, not a goal. I got long term investment and options moving. I'm going to print some money to go and buy from freedom. Are you wired for wealth? pay attention to what's moving. Mark Zuckerberg and Microsoft partner together. that's a move!!!

if we don't adapt, we die, we become poor. CEO make 100 of millions a year. you get paid by the hour. 

Everybody is not made to be an entrepreneur but everyone is made to make wealth. 

I bought land, I'm going to get the people that I need to teach me about it. the feeling of accomplishment is the best feeling that you are going to feel. I did what was necessary to turn my last name into an asset. are you wired for wealth?  

1 in 17 Americans is a millionaire. why not you? Let the consequences of wealth be a lifetime of freedom.