$64,000 I Spent on these Stocks Today‼️

What is discussed, and when

1. 5:00 – 10:00: American Express
2. 10:00 – 15:00: American Express
3. 15:00 – 20:00: Cheesecake Factory, Celsius Holdings
4. 25:00 – 30:00: American Express
5. 30:00 – 35:00: American Express

Notable quotes from "$64,000 I Spent on these Stocks Today‼️"

• Next stock I bought here 20 shares of AXP American Express 380. American Express has one of the best business models in the world. That's the thing with these stocks I'm buying. I'm buying many of the best business models in the.

  about American Express · at 8:32

• Much so many dang AMD shares are coming out of my ears. So AMD, next stock I bought here today is Celsius Holdings, C E L H. Now Celsius, obviously they're in a very competitive market, right?

  about Celsius Holdings · at 15:18

• Business model works when you're talking about caffeine products. Next stock I bought here today is Cheesecake Factory.

  about Cheesecake Factory · at 17:46

Who and what is mentioned in this episode?

Companies & orgs

• American Express — Company · 8 mentions · first at 8:34
• Adobe — Company · 3 mentions
• Cheesecake Factory — Company · 2 mentions · first at 17:50
• Celsius Holdings — Company · 1 mention · first at 15:23

Full transcript with timestamps

0:00 Holy smokers. Look at that headline on CNBC here today. S&P 500 slips for third day as job report sparks economic fears. Are worried about the economy once again. That always seems to creep up, doesn't it? Public account, I can't complain. Today we're up over $26,000. It's been holding up pretty decent over the last I would say two or three weeks now at this point in time. We had that big drop back in November, but over the last two or three weeks, you know, I'm kind of happy with where the public counts at. I felt great here today. I went ahead and bought $64,000 worth of stocks today. Went for a walk.

0:35 It was beautiful here in Vegas. I wore a t-shirt on my walk. I thought I should have wore shorts. It's gorgeous, man. Absolutely gorgeous day. 70° mid December. That's why we make it through those hot summers, baby, for time periods like this. So, yeah, I spent $64,000 on stocks today. We'll talk about what stocks, all those good things. Some of the stocks I bought here today are growth stocks with some major growth. Some of them are dividend stocks. I did buy one hedge here today for my portfolio and uh one of the stocks honestly might shock some of you guys because it's a stock I haven't bought in a long long time and I mean a long long time in any significant way.

1:10 So that should be uh interesting to share all that with you guys here today. Okay. Then after we get done going through all those stocks, why I bought them, things like that, I want to talk about the fears around the economy creeping back up again. Are they justified? Should we have fears about where the economy is headed in 26 or not really? Okay. So, we'll get into all that in this video here today. One thing, one thing only, I need from you guys. If you could please just hit that little thumbs up button, that little icon. Boom. That's all I need. That's all I need. For everybody that's already done that, you're my hero. And that's all I got to say about that.

1:40 Additionally, if you want to see more of my videos in the future, feel free to subscribe. Hit that little subscribe button. That way, you're going to have a higher probability of seeing my videos in the future. Two piece of housekeeping I want to get out of the way here before we get rolling. One is I released a video last night on the channel. my predictions for the best stocks in 2026 and overall market performance. That video is a 40-minute beast going into that subject. And then this one was a phenomenal video. Uh one of my favorite I've created this year actually. How to scale to $10 million plus net worth even if you're not even remotely close to those numbers. You'll still enjoy that video. It's a gem dropper we call it.

2:14 Second piece of housekeeping is I will be going to Miami soon and going for a few days. Never been before. If you ever been to Miami or you live in Miami, let me know what I should do. Okay? I already booked a hotel um at a resort. But other than that, I don't know what to do. I'm just winging it. So, if you guys want to throw me some stuff in the comments section, you got some advice for me. Hey, go to this place, go to that place, feel free to let me know. Or if you want to send me a DM on Instagram, whatever. Okay? I appreciate y'all for doing that. Okay?

2:45 All righty. Listen, you ready to get rolling? Let's get rolling. We have only nine trading days left in 2025. So, if you need to make any last minute moves here before the year end, you better get them in because the time's about out. So, I felt like today was a good day to come in with a big boy buy. Likely my last big boy buy of 2025. And um you know, at the end of the day, like obviously Christmas is going to be here right around the corner. Then we got New Year's. It's just kind of one of those time periods you start spending a lot of time with family. You you know, kind of get a little disconnected from the market. So, I figured if I'm going to come in with, you know, one last buy for the year, let's let's go ahead and let's do this thing. Okay. Okay. So, what are the stocks I bought? Well, first off, I bought an ETF one, TSLZ.

3:29 This is a leverage 2X against Tesla stock essentially. I got that $10.35. This is one I bought some of uh over the past, I would say, you know, couple months now at this point in time or a month at least. And this one is basically just a hedge for my portfolio. If the if the market goes south, I believe Tesla stock will definitely go south. And so likely Tesla stock would go down significantly, then this would 2x leverage to the upside. And so it's not it doesn't work perfectly cuz it readjust each day, but roughly the direction is correct, right? And so it's kind of a little bit of a play on that.

4:04 Now, in regards to Tesla, the thing I have kind of there's a few things here. Okay, Tesla makes amazing vehicles. I just bought a new Model X. Phenomenal, right? I love their vehicles. I have nothing but good things to say. With that being said, uh they've had a lot of trouble growing their business. If we go ahead and we pull up the charts feature on ThousandX and there's, you know, you can make a lot of reasons why Tesla's had trouble growing. Is it, you know, Elon going political over the past few years? Like what is it? I don't know.

4:30 But the bottom line is we can all debate about that. But the moral of the story is Tesla's had incredible hard time selling more vehicles. There's no other way of putting it. Now look at Tesla's revenue on a trillion 12 month basis. It's completely flatlined. Now, they are expected to get back to growth. That should be good. Right now, on the other side, they've also, in my opinion, have solved full self-driving, which is important. So, them and Whimo are clearly look like they're going to be the two companies to be out in front when it comes to robo taxi opportunity with kind of Amazon or their Zuk's product, which we have here in Vegas, kind of playing the third wheel there.

5:04 Now, in regards to this business, it's way overhyped. It's people are way too excited about it. They believe it's going to be like Tesla's gonna make so much money from this. No, they'll make money from it, but that's going to be many years out. They'll lose money likely their first several years in this business um as Whimo does. It's just the way it is, man. You know, whenever you go into a new business, everybody thinks, "Oh, we're going to make so much money." Now, you need to fight off the competition for the first few years. You need to, you know, undercut everybody's price and then longer term you can make money from it. And then also the technology will be commoditized as the years tick on, right? So that's just all something to kind of keep in mind there.

5:43 Um, so yeah, basically the stock has a crazy valuation on. If the market dips in any major way, Tesla is going to go down significantly. It's way overhyped. The robo taxi opportunity will not make any money for a long time. When it does make money, it's not going to be as much as people realize. And so that's just the way it's going to be. And um, you know, all that will obviously play out. But, you know, in the in the short term here, the stock has momentum. So, I don't really expect to make money on this hedge in the very very short term.

6:11 It has momentum. It's momentum trader name. And so, at the end of the day, when it has momentum, people just keep kind of funnel in, funnel in, and it works until it doesn't. And then when things flip to the downside, it gets pretty significant pretty quickly in regards to Tesla. Next thing you know, stocks down 30, 40% from recent highs. But, you know, we'll I got time to play with there. I got time with there's I have 0% fear that Tesla's going to run away from me because the valuation is so ridiculous in terms of trilling to a month P, 4 P, 2 year forward P, three year forward P, 5year forward P, it doesn't matter. The stock's not running from here. And so, you know, short-term, who knows? We can go 500, whatever. Uh, but over the next 6, 12, 18 months, I'm 0% scared about that. I'll end up selling that for likely a big profit, but it's probably not in the next two weeks. So, I'll just say that. Okay.

6:57 Next one I bought here today is ADB Adobe. I bought 25 shares there. 34766 in regards to Adobe. And this is a you know, this is a pretty I would call it a straightforward one in in regards to Adobe. I mean, one of the best business models out there. We're looking at a 2-year 4P on this one. A 14. Way too low for a company with double digit growth. Way, way too low. And so Adobe's a pretty darn simple one. I don't know if I have my projections here for Adobe. Let me see if I have them. I'll show you guys my Adobe projections. Adobe is a stock that gets a lot of hate. I don't know which one I have. ADB or the regular Adobe. Um but at the end of the day, it's a money maker. You know, this was actually I called this a bull case.

7:44 It's not even that crazy bull. Uh 10% revenue growth topline over the next four years on average, 12% net income growth. This was not even crazy at all. And we're talking about 20% Kaggar there. Adobee is a very misunderstood stock. People don't really realize a lot about the business. They just hate on it and it's just kind of hilarious. But you know, people hate on stocks until they turn the corner and then they love them, right? Tesla used to be like that. Like everybody used to hate Tesla stock, make fun of it back when I was investing it like six years ago or whatever, right?

8:14 Then it went through it big run and then suddenly everybody was pro Tesla like, "Oh my gosh, Tesla's the best stock ever." So it's just how it is. Like AMD actually just earlier this year got so much hate and then obviously turned a corner in regards to that stock and you know now people call it advanced money duplicator. Next stock I bought here 20 shares of AXP American Express 380. American Express has one of the best business models in the world. That's the thing with these stocks I'm buying. I'm buying many of the best business models in the world. American Express certainly has one of the best business models in the world. They have a subscription-based business model at the end of the day, right? Um, let me see if I have my a American Express numbers. I think I have them here. So, they have a, you know, obviously people pay to have the credit cards, uh, several of them, right? They

9:04 pay like a subscription fee each year. And American Express invests that back into member benefits and perks. And so, American Express can make money through that. Obviously, all the fees merchants pay to them. American Express has several different ways they can make money from this business model, but you know, for my base case for American Express, I have only 8% revenue growth on average from 2026 to 2029. 12% net income growth, 28 to 33p, which is pretty fair for a business model with this sort of mode around it. 16 to 21% Kagar, significantly above the S&P 500.

9:36 That's why I go ahead and stick money in a stock like Amex. I think honestly my bull case is pretty realistic as well. 10% revenue growth on average per year, 15% net income growth on average per year, 30 35 PE, we're talking 21% to 26% KAGAR for American Express, you know, for a business model that has a sort of safety, American Express has because you got to understand whenever you put your money into a stock, right? It comes with risk. There's potential it doesn't work out. There's potential downside, right? American Express very hard to see that downside, you just can't really disrupt them. They're just so strong in in their market segment. So, there's a lot of people that offer credit cards, but at the end of the day, man, that's one that just comes back time and time again. And if you ask me, what is the main credit card my wife and I use? American Express. American Express, it's just the

10:23 best in terms of the overall profile of perks. Some credit card might beat them on one thing, but then they it's just at the end of the day, American Express, what we found is the most solid overall credit card for us. And that's even beating Chase. Like I said, there's some certain other credit cards that they may have a little bit better this or that, but they don't have overall better product. American Express is just the easiest card for me to pull out whenever I go to buy something. I go to a restaurant, go to the coffee shop, it doesn't matter where I go, American Express is always just the easiest to do. We use a Chase credit card for a lot of like business related stuff, but American Express is just ends up being number one. Number one, number one. Next stock I bought here today, guess what it is? One of the best business models in the world, Salesforce. Ticker symbol on this one, CRM. Very misunderstood stock

11:11 here. 25512. I just I've been buying a lot of Salesforce stock, I would say, over the last like few months now at this point in time. When it comes to Salesforce, another misunderstood stock that people just don't get it. They like to hate on it. You know, some of these stocks people just like to hate on, man. and you know, maybe they had a poor experience with the product one time or something and like it's just it's it's almost comical. Two-year forward P on Salesforce of 20. We're looking at a company with double-digit revenue growth. Uh very strong expected double-digit earnings per share growth.

11:44 Let me see if I have projections uh for Salesforce here saved. I I run projections on every single stock I own. And Salesforce, there we go. Sometimes I forget to save them though. But here we go. So here are my Salesforce projections here. This is a pretty basic base case I have for Salesforce. I that's the thing when I run my numbers. I don't want to run with some crazy projections that it's like, oh my gosh, it's going to take a miracle. I just run like very basic numbers and I say, does this make sense to buy the stock or not?

12:15 I ran them at 12% revenue growth on average, 26 to 29. I think that's very doable with how Agent Force is going to scale and how big of a component of the business that will be. Obviously, they just finished up that acquisition as well. So, that's going to boost up revenue growth over the next year or two in quite a substantial way as well. 27 to 32 PE, 20% net income growth on average. Very realistic. It seems like they're going to run that business lean over the coming years. I get 13 to 18% Kaggar on the stock overall. Like, it's just, you know, like I don't need to try like not every stock I buy needs to be some like 10x opportunity or like, oh my gosh, this is like crazy. No, doesn't need to be that. I just need to find great winner winner chicken dinners that can likely provide me a return significantly above what the S&P 500 does. And we got it, man. We got it.

13:04 Like, you know, it's fine. It's all good, man. So, those type of crazy opportunities, they come around every once in a while, but I don't always need those. I need stocks that are money makers. I need business models that I can sleep well at night and I can likely significantly outperform the S&P 500. And that's what great businesses do. Great businesses, what do they do? They let you sleep well at night holding them. And great businesses significantly outperform the S&P 500 over years, right? All righty. What's next one up here? Well, here it is. AMD AMD stock, Advanced Micro Devices. I bought 20 shares at 20846 here today. AMD. I wasn't planning on buying any any more AMD. I really wasn't. I was not planning on buying any more AMD. But with that being said, the stock got hit recently down to 208 and I'm sitting there today doing these buys and I'm like, dude, I got to pick up a little more AMD. And

14:02 I have AMD I have so many AMD shares coming out of my ears. I don't really want to buy any more AMD cuz I I almost feel like I'm overexposed. But it's hard for me to see the stock sitting at 208 today and not step in and buy a few shares. This is my base case for AMD. Now, I have 35% on average revenue growth, right? You might think, "Oh my gosh, isn't that insane?" Lisa Sue has said she expects them to grow 35% a year for the next 3 to 5 years. And Lisa Sue is a sandbagger. So, when I have my base case at 35% for the next few years, just understand that's nothing crazy. That's just Lisa Sue sandbag numbers there. I won't be surprised if they come in well ahead of that with the 450 series and then when they come out with their 500 series in a couple years. Oh my gosh. So 35% there, 45% net income growth. They should get a nice margin uptick over the next few years and that net income margin should

14:52 increase for the company. I still have them, this is the craziest thing about my base case. I have them not even getting a 20% net income margins under this assumption. 50 to 60 PE 34% to 40% Kagar. We're talking this stock somewhere between $600 $800 2029. I think it's very possible. That's why it's hard for me to see AMD at 208 today and not be like, let me just snag a few shares here. And like I said, I have so much so many dang AMD shares are coming out of my ears. So AMD, next stock I bought here today is Celsius Holdings, C E L H. Now Celsius, obviously they're in a very competitive uh very competitive market, right?

15:35 Energy drinks, very competitive. But there's really the thing you got to realize about the energy drink space is there's really only three major players in this space is Red Bull, it's Monster, and it's Celsius. Celsius owns not only their own brand, Celsius, which is extremely popular, but they also own the Alani brand, which has blown up over the last few years and is very, very popular as well now. And then now they also own the Rockstar brand that they just acquired from Pepsi, who is running that into the ground, right? They have the Pepsi distribution. They have major international opportunity ahead and the monster co-CEOs are kind of on the way out, right? They're up there in age now at this point in time. The Red Bull uh founder passed away a couple years ago.

16:17 And so, you know, it's really Celsius's game to grab over the next few years in this market and really just run ahead of the competition and um maybe become the biggest energy drink company over the coming years. We'll see how it all plays out, but they're definitely in a very strong position. And this is a stock that I look at, you know, in the low 40s here today and I'm like, got to give me some more shares. Obviously, I liked it as a better buy when it was in the 20s earlier this year and I bought a ton of shares in the 20s.

16:44 With that being said, it shows you my level of confidence in this company that I can still step in and buy this stock in the 40s. This stock was in the I bought a ton of shares this year in the 20s and I'm still willing to buy in the 40s. That's a big signal from me, right? that this company has some very exciting things going for it over the next 5 10 years. What the energy drink market share numbers are going to say next quarter, whatever, like that is what it is. That stuff moves all around and if anything, it's probably going to be positive for Celsius. But like I like that company a lot for the next several years, right? And so that's another one. I don't have to stress over it. Almost a recurring business model.

17:25 Like people go buy those energy drinks day in and day out. Like if you drink Celsius, like high probability you drink Celsius like almost every day or certainly every workday. I remember back when I used to work at Quick Trip, the guys that would come in and buy Monsters in the morning, guess what? They came in every day and bought Monsters. The guys that would come in, get a cup of coffee, came in, got cups of coffee every single day. Like it's just that how that business model works when you're talking about caffeine products. Next stock I bought here today is Cheesecake Factory.

17:53 This should not as come as a surprise. I've been buying this stock for years. I'm still buying it and I might buy it next year as well. I like this is one I can't get enough shares of because it's just one of the most attractive opportunities I see in the market. Certainly in the in the restaurant industry when we're talking about Cheesecake Brand, when we're talking about North Italia, when we're talking about Flowerchild, they had an investor conference they did. They were at this it was a Barclays investor conference about uh that was about two weeks ago now at this point in time. Phenomenal.

18:22 Definitely worth a listen. It's on their investor relations page. Definitely worth a listen. Definitely worth a listen if you care about Cheesecake Factory stock, right? Or you can scroll TikTok, you nerd. Do what you want to do. Okay, be cool and listen to that Barclay's uh investor conference they had. It's free to do. You just go to their investor relations page and pull it up if you care about Cake Stock. That is phenomenal, man. You'll learn so much about the business and where they're at. This one might be shocking to some individuals. Meta. I bought Meta Stock here today. Now, if you know me, I have the huge position in the public account which is around I don't know a million dollar position or whatever it is. I actually I think it's over a million dollar position in the public account for Meta, right? And so it's a significant position for me and my cost basis in the public accounts hundred

19:10 something dollars. So to see me come in and buy 650 this stock is $658 when my cost base in the public account is hundred something dollars speaks volumes. But that's the thing when you come to great companies, what are they supposed to do over time? They're supposed to go up a lot over time right? So what I'm up or down on a stock is irrelevant. What matters is when I run my projections, does it look like I'm going to make a lot of money in that stock over the coming years? And when we look at my meta projections, have you seen my meta projections for the stock?

19:45 I can show you them. They're pretty they're pretty darn exciting. I'll say that. They're pretty darn exciting. So, let's go ahead and pull up Meta. And it better be better. Let's take a peek at this. Okay, so Meta, this is my base case for Meta. 15% revenue growth on average. I should take that number up, man. I should take that number up. That's low. I should have like a 17 or 18% number here for my base case. Net income growth 18% here. 29 to 34 PE. We're talking about a stock in 2029 that is somewhere between $1,300 and $1,500, which we call over a double up between now and 2029. That, ladies and gentlemen, is very, very attractive stock. And so, whenever I'm up or down on a stock, it's is irrelevant over time. ELF is a good example. ELF, I've bought shares this year anywhere between like $50 and probably like $100, right?

20:45 My ELF shares in the public account that I bought back in 2019 have a cost basis in the sevens. Do you know how far $50 to $100 is from $7? But it's it's irrelevant. All that matters is is ELF a huge money maker for the next 5, 10 years? I believe it is. And so I'm willing to step in and buy a stock like ELF at $50, $60, $70, $80, $90, $100 because I believe that could be a $500 stock longterm, right? Or $300 stock longterm. So the fact that I bought it for seven in the past, okay, cool, doesn't matter. So same thing with Meta. The fact that the cost basis in the public account is hundred something dollars because I loaded up on shares in 2022 when it was dirt cheap, right?

21:31 Okay. Like whatever. like whatever you know it's just at the end of the day is meta moneymaker over the next several years to me it says it is and so therefore I go buy that dang stock right so that's how I play this game okay next up here let's talk about the economy or the fears around the economy because now we're starting to have those fears creep up again about the economy it seems to always pull up are they justified well here's some stuff we're seeing okay so Adobe tracks all the business spending and things like that and I know some people are probably like what I thought Adobe just built that huge business from editing photos and videos. Okay, time to get educated about Adobe and all their different business lines and things like that. Okay, no, they do a whole lot more than just photos and video editing if you didn't know. Okay, so here's Adobe tracking all the stuff on a high level.

22:20 Total season spend November 1st through December 1st. They actually have it up 7% year-over-year to 137 billion. So that's very nice growth there. As far as mobile spend, so this is on a mobile device, 73.7 billion during this particular time. That's up 7.2% year-over-year. So once again, significant growth there. Buy now pay later outstripping both 9% year-over-year. Does that concern me that buy now pay later is up more year-over-year than overall spend? The answer is absolutely not. Buy now pay later is still a relatively new thing, right? So the growth should outpace that. No different than when credit cards were in the new thing, right? Like guess what? Credit card use should have been far out stripping the overall spend numbers, right? And when it comes to buy now pay later. A lot of people, you know, freak out about this. Oh, this is so bad. Guess what? They said the same exact thing four or five decades ago

23:18 about credit cards. Oh, credit cards. These are so bad. Like they're taking off. And by the way, it might have been justified. um you know people are going to spend money they don't actually have blah blah blah blah now we look at credit cards as a usual thing that's very normal right some people go out of control with credit cards and they spend way more and they get into crazy credit card debt and they're paying that off till they're in the grave right people like myself and maybe a lot of you guys we use credit cards because we get all the points for them and so if you spend a lot of money and you get all those points back it's phenomenal and you just pay it off right away so we never pay interest I never pay interest on my credit cards.

23:55 Everything is paid off before interest ever starts acrewing. It's phenomenal. And yet I get all those points. So I during the course of a year I can get thousands of thousands of dollars back to me for just spending, right? That I could buy those things cash, but I'd much rather just buy with a credit card and actually get thousands of dollars returned to me in the end, right? So anyways, I just want to cover that in regards to buy now pay later because people freak out about it. I'm like, this is the same stuff people said four or five decades ago about credit cards.

24:23 Okay. High cost of goods is causing consumers to spend less for the holidays. This is a CNBC report I saw today. Literally today over 41 overall 41% of Americans uh plan to spend less for the holidays this year. Six points higher than a year ago. And to that I said, hm, really that's interesting. 41% of Americans plan to spend less. So my guess is they said, are you planning to spend about the same as last year? spend less or spend more. Right? And so if we look here, the less number was 41%. All right? About the same looks like it's about 42%. So only 16% only 16% of people are expecting to spend more money.

25:09 Then why are we getting this sort of data out? Huh? Weird, huh? Isn't it weird? That's a little weird. What happened here? So, this is out of the National Retail Federation. Thanksgiving holiday weekend draws a record 203 million shoppers. Something's not adding up here. So, the consumers when they do these surveys, oh yeah, we're going to spend less this year. We're going to we're going to spend about the same. And yet, when we're seeing the actual data, it's saying, okay, if anything, you guys are more excited to go shopping this year. And um if anything, it looks like you're spending actually pretty darn aggressively.

25:47 Interesting. And that leads us to the consumer sentiment. The Michigan consumer sentiment, which they've been doing since the 1950s, this has been in the porter potty. It's been in the porta potty, baby. Look at how bad the consumer sentiment has been. It has been a dumpster fire. I mean, just absolute horrible in regards to this. And this is a weird thing. You're getting these surveys, these sentiment readings, and they are horrible. Absolutely horrible. But yet, the world keeps turning. People keep spending. If people weren't spending, why are Visa numbers as strong as they are? Why are Mastercard numbers as strong as they are? Why are American Express numbers as strong as they are?

26:29 Like, why is Apple numbers as strong as they are? Meta 26% revenue growth in the latest quarter on a year-over-year basis. What is going on? Amazon numbers look great. Google numbers look great. So you got to ask yourself like why are all the sentiment surveys so bad? They all would scream like it's the worst economy ever and yet world keeps turning. People keep spending earnings look great. Weird. Very very weird. Very very weird times. That's what I'll say about that. Right. Which then could lead you to maybe there's something fishy going on.

27:07 Maybe there's something political going on. This is some people have tried to say this like oh maybe the Michigan consumer sentiment numbers maybe that's screw skewed and the goal is to make Trump look bad and so that's why that sentiment survey is so bad. No no no no got to look a little deeper. Listen the consumer sentiment consumer sentiment. Guess what? Trump's been president before last time I checked. And guess what? The consumer sentiment when Trump was president until Rona happened was amazing. So if this was something that was like, "Oh, we're going to try to hurt Trump or this is like anti-Republican or whatever, then why was consumer sentiment so amazing under Trump 1.0?"

27:53 Tell me that. Additionally, why was consumer sentiment at pretty much the lowest it's ever been in history under Joe Biden? That doesn't look very political to me. I could understand if like consumer sentiment was horrible under Trump 1.0 and then it was like skyhigh under Biden and then it would like went down low again under Trump, then I could say, "Okay, this there's something fishy going on here." But the fact that it was amazing under Trump 1.0 and was pretty much about the worst you ever seen under Biden and still in dump like this is just how people feel, right? Inflation is very very taxing on the masses, right?

28:31 And it's just is what it is. And so the sentiment is horrible out there, but yet the world keeps spending. And you know, people keep spending. It's weird. It's very, very weird. But it's not political. It just is what it is. Now, as far as crude oil, crude oil is screaming recession. Like look at this. Crude oil is 55. 55. Past 6 months, crude oil is down almost 28%. Screaming recession. very very strange. That's where you get in this weird economy where you have crude oil just you know way down there. You have sentiment surveys that are horrible. You have gold continuing to show strength with some people's say you know you flock to gold when times get rough.

29:18 But yet the stock market's near all-time highs. But then you look at Bitcoin and Bitcoin's like down what we what's Bitcoin down 30 30 plus% from its recent highs. It's weird times man. It's weird times and I can understand people's confusion in regards to the economy and things like that, right? But the thing you got to understand about the economy is kind of like the ocean. The waves coming in, sometimes they're a little bigger, sometimes they're a little less big, but they keep coming. And so that's the thing you got to always understand about the economy. Even if you're in a massive recession like we had in 08, 09, people are still going to spend money out there. During 2020 when the worldwide economy was shut down, people still found ways to spend money. You know, they tried their hardest to make people not spend money and they still did. the things just keep rolling on.

29:59 The economy keeps going. It keeps going. Certain times it might be a little better than other times. Certain times consumers might have a little more money to spend. Certain times people might feel really good about their financial situation. Sometimes they're going to feel like crap about their financial situation. That's going to move all around. But the moral of the story is just like the ocean, the waves keep coming and they don't stop. Sometimes they're bigger waves, sometimes they're smaller waves, but they don't stop. The waves never ever stop, ladies and gentlemen. So do keep that in mind. And that leads me to this segment of the the video which is talking about businesses and what's really are the strongest businesses and how to think about a mode around a business which I think is a highle subject here that I want to dive into.

30:42 If you've ever heard the term moat around a business is basically like you know the defense it has against competition in the marketplace, right? And so let's say Coca-Cola. Coca-Cola is a pretty tough company disrupt in the soda space. One, because the soda industry is not really growing. It's not really a growing category. To then come in and try to steal shelf space from Coke and Pepsi is very difficult at this point in time. Not impossible, but gosh, it's pretty darn hard. And then to get distribution, and how do you get distribution? Do you think Coca-Cola is going to want to distribute uh soda products that compete directly with Coca-Cola? Probably not. Do you think Pepsi wants to? Probably not, right?

31:20 Like that's probably not a goal of theirs. And so, you know, it's tough business. So, but that's people usually worry about it in regards to the the competition, right? Somebody coming in and trying to eat this other company's lunch. I think about them not just competition. I also think about a moat around a business as can you do well regardless of the economy. If you can do well regardless of the economy, that's a huge moat around your business. You're talking about this a very anti-stress stock, right? So, some companies that just came to my mind when I thought about this that not only do they fend off competition well over the years and should in future years, but also they do well regardless of the economy. Companies like Intuitit Intuitit's got a phenomenal business model, Turboax, so taxes need to always be done. So, it's a strong moat regardless of the economy. They obviously have their QuickBooks product.

32:10 They have other products as well, but QuickBooks, like if you have a small business, use in it. Um, like you're just going to stay signed up for that. If your small business is doing a little better, you're still going to use into it. If it's doing a little worse, you're still going to use into it. There's no other way around it. Adobe, same exact thing. Like, doesn't matter what's going on in the economy, Adobe's going to put up their numbers. People stay subscribed to their business model and it just keeps rolling on, right? Big corporations, it's like 90% of their business roughly. It just keeps rolling on. Salesforce, same exact thing. You know, people try to disrupt Salesforce time and time again. Everybody wants to be Salesforce. Who wouldn't? like, you know, one of the best business models and uh one of the best company financials you'll find ever. And yet they can't disrupt it. They just keep

32:51 rolling on, right? Regardless of the economy, the economy could be great next year. Economy could be crap next year. Salesforce still going to put up their numbers regardless. Apple, I actually even think about Apple in these terms because of their subscription side of their business model nowadays, right? And how much they make on the services side of the business. Additionally, when you think about their products and people being locked in the ecosystem, if somebody loses their AirPods and they use AirPods all the time, guess what?

33:15 They're going to go buy another pair of AirPods. Regardless of the economy is bad or good, if they're locked in the ecosystem and they drop their iPhone and their iPhone breaks or they lose it or whatever, guess what? They're going to go buy another iPhone. They're not going to go buy some other product out there. Like, they're in the ecosystem. They're not going to go get an Android phone. It's not how it works. So Apple actually has an incredible mode around the business, not just in terms of competition, but around the economy and just being able to put up numbers regardless if the economy is good, bad, consumer sentiment is great, bad, whatever. Microsoft, same exact thing between their cloud business and obviously so many businesses using their suite of products, universities, students, things like that. Like, yeah, that's a company that puts up numbers regardless of the economy. Costco.

34:00 Costco's another good example, right? That's one you might think, well, if the consumer's weaker, maybe they won't go to Costco as much. I mean, sentiment's been bad for years, and yet Costco is doing better than ever. Additionally, when it comes to Costco, how they actually make a lot of their money through their membership model. And so, you know, if you buy a little less from Costco, okay, like, you know, Costco might not love that, but as long as you keep your membership, and most people keep those memberships regardless of how the economy is doing, it's good. It's good. American Express, same exact thing. They obviously cater to a higherend consumer and so those people generally have money no matter what. So they stay signed up for American Express and they just have very strong products in the marketplace and so maybe you say well people might not spend as much on American Express cards if the economy is

34:45 rough. That's possibility but people still going to keep the credit cards right and then if it's people with money they're still going to be spending money. It's not like they stop spending money because you know business isn't quite as strong and all they keep spending. Uh, Amazon. Amazon's a good Oh, that's so funny. Amazon Prime van literally drives by as I'm talking about Amazon. Amazon's a good one to think about because this is one you might think conventionally like there's no way Amazon could be immune to the economy because they have the Prime side of the business which is also a membership model and they have a ridiculous amount of people signed up for Prime now and they have the cloud side of the business which is you know runs a lot of the back end of the internet and many of these companies business models. I mean, shoot Amazon like at the end of the day, if my light bulb goes out, if I have a light bulb go out

35:32 in this room and I got to replace a light bulb, guess where I'm going? Regardless of the economy, it's going to Amazon. I'm going to Amazon right away. Like, okay, I need this type of light bulb. Boom, boom, boom. It's going to get delivered tomorrow. regardless of the economy. And so Amazon's actually got a business model that sure they do would do a little better in a strong economy, but that could be said for all businesses. At the end of the day, Amazon, regardless of the economy, good, bad, and in between, it's still going to put up good numbers because they have that sort of mode around their business now that people are just like they need something, they're going to Amazon to get it. I'm not the only one. There's a lot of people trained like me like I I almost everything I think of now if something happens around the house or I got to get this or I'm like oh I got to get my son this or this son this bl I think about

36:17 Amazon comes right to my mind. Next thing you know I'm on my phone Amazon app boom boom boom got it ordered within 20 seconds. I didn't have to go drive to some store and then try to see if it's even in stock and you know all that stuff. No no I'm ordering within 10 15 20 seconds on my phone. That's strong you know. So that's also how you need to think about moes around a business. Not just competition and fending off competition, but what about if the economy is not as strong, right? Sometimes those waves aren't quite as big. So that's something to keep in mind here. Okay. I want to keep in mind for you ladies and gentlemen, these two videos, if you haven't got to see them yet, you might want to check them out.

36:51 My predictions for the best stocks in 2026. Also, my predictions for the how the market will perform next year. That one I released last night. And then this video from 3 days ago, my full blueprint on scaling to a $10 million plus net worth. as somebody that's done it and that whole game plan. You guys will definitely enjoy that. Appreciate everybody. As always, my pin comment down there today, my private group is closed currently. Demand was insane this year. So, it's closed now for the year. We'll open it back up at some point in 2026. If you want to be among the first to, you know, get on the wait list. So, when we do open it back up, you'll be kind of the first in line. That will be the pin to comment down there. Much love and have a great

Questions about this episode

What is discussed in "$64,000 I Spent on these Stocks Today‼️"?

In order: 5:00 American Express; 10:00 American Express; 15:00 Cheesecake Factory, Celsius Holdings; 25:00 American Express; 30:00 American Express.

What is mentioned in this Financial Education episode?

4 people, works and ideas are mentioned, including American Express, Adobe, Cheesecake Factory, Celsius Holdings. Each one on this page links to its own page with every episode that mentions it.

How long is "$64,000 I Spent on these Stocks Today‼️"?

The episode runs 37 min; the transcript is about 7,720 words in 56 timestamped sections.

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