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Season 3, Episode #4 of Not Me, But You! Podcast.

Connect with me/Follow me on X at: Waypa Today. I do offer 1:1 and small group coaching. Please email me at WaypaToday @gmail.com to set up a FREE 15 to 20 minute call to see if working togther makes sense.

Should we sell ALL shares of MSTY and ULTY to move the money into LESS risky things? We discuss whether doing this makes sense or not. We discuss potential tax implications of selling assets. Managing risk and managing your own emtions are two very important things we all need to learn to do effectively, or we will lose LOTS of money as investors!

Bitcoin is back up over $95,000 per coin! I like ICOI, which IS a Bitcoin play but also very HIGH RISK and HIGH YIELD! Do your own reserach BEFORE you invest! Yield at time of this recording is 221% PER YEAR! Less than $18/share. Pays MONTHLY dividend.

Rich people who tell us to invest in Apple stock are not wrong. But rich people ALREADY have cash flow. Put your cash flow in place FIRST. Then buy Apple and other Mag 7 stocks that are longer term GROWTH plays. They are NOT INCOME stocks. Apple stock pays a dividend of 0.04%!!!! LESS than one percent per year.

MSTY and ULTY have NEVER stopped paying dividends, even with the recent REVERSE split late last year. The "cascasding waterfall" approach to investing takes into account that SOME of these high yield/high risk ETF's WILL reverse split. But IF your investment goal is INCOME...then how important is the share price? How imnportant is the reverse split? You are NOT investing in these ETF's for GROWTH. You are investing for INCOME! Build your cash flow pipeline. It's the pathway to freedom.

IF you choose to sell all of your shares of MSTY/ULTY you also LOSE the weekly dividends! No more dividend INCOME and you're locking in HUGH losses when you sell.

#Dividends, #BTC, #Bitcoin, #ICOI, #MSTY, #ULTY, #SPYI, #QQQI, #CLM, #Stocks, #ROTH IRA, #IRA, #Roth Conversions.

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.

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Season 3, Episode #3 of Not Me, But You! Podcast.

Connect with me/follow me on X at: Waypa Today. If you want to email me you can message me at WaypaToday@gmail.com. I do offer 1:1 and small group coaching. Email me to set up a FREE 15 to 20 minute phone call to see if working together makes sense for us.

We discuss the power of "relentless routines." Taking action (getting started) is the key to achieving your goals. You do NOT need $2,000,000 to retire! Instead, you can build CASH FLOW weekly/monthly and live off the dividends(option income). NEVER sell assets with this approach to retirement.

Apple stock and Nvidia stock are greate GROWTH plays. But the ONLY way to capture profit is by SELLING some shares. With INCOME plays, you get cash flow WITHOUT ever selling any shares of the asset! Your ENTIRE life revolves around cash flow. You probably never thought about it this way previously, but it IS true!

I invest in a MIX of TRUE HIGH YIELD/HIGH RISK assets that pay me weekly/monthly cash flow. But I BALANCE my portfolio by ALSO investing in LESS riskly things. I also continue to stack Bitcoin. I teach the "Cascading Waterfall" approach to investing. But DO YOUR OWN research. I am not a financial advisor. I am relaying to you what I DO! You have to decide what you want to do with your money!

Have courage today, to pick one thing, and work and your dreams. We will talk again soon!

#Mag 7, #ULTY, #MSTY, #Dividends, #Cash Flow, #Bitcoin, #Apple, #Nvidia, #Share Price Erosion, #QDTE, #ICOI

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.

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Season 3, Episode #2 Not Me, But You! Podcast. Podcast stat update: 13 different countries and 100 different cites over the last 5 podcast episodes. Thank you for listening/downloading.

Follow me/Connect with me on X at: Waypa Today. Send me an email at WaypaToday@gmail.com. I offer 1:1 coaching/small group coaching. Email so we can set up a FREE 15 to 20 minute call to see if it makes sense for us to work together.

Relentess Routines help us with investing, attacking bad debt, eating healhty, exercising consistently etc. One of my favorite quotes is: "On the highway of SUCCESS, there is no speed limit. You can go fast or slow. The choice is YOURS!"

We can make money, simply by pusing buttons on our phones. If you have an internet connection, you can live anywhere in the world you choose. And you will still have cash flow weekly/monthly as long as you keep "relentlessly" buying/holding assets. After all, what do rich people do? Answer: they buy/hold assets, some of which bring them income!

Inflation is the silent financial killer. Too many people retire and miscalculate the devastating effect that inflation will have on their fixed monthly income!

If you utilize margin loans, responsibly, in your brokerage account, you can more quickly grow your account balance. These margin loans do NOT show up on your credit report!

If you want to drop your car loan balance, "like a rock" then use some of your dividends, to make PRINCIPAL ONLY payments to pay your car loan off much faster than simply making your scheduled monthly payment.

Initially, when evaluating a potential investment: Nothing is more important than the yield, the ROI(return on investment), the share price history, the dividend history and dividend schedule (weekly, monthly, quarterly etc.)

Have courage today, to pick one thing, and work on your dreams. We will talk again soon.

#MSTY, #ULTY, #Loans, #Car Loans, #Inflation, #Bitcoin, #Cash #Retirement #Retire, #Income, #ETF's, #Margin, #ROTH IRA, #IRA, #QQQI, #SPYI, #CLM, #CRF, #BTCI, #OARK, #SMCY, #ROI, #Yield, #Share price, #Time

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.