Antonio's Two Personal Investment Strategies

Description

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Links from Today’s Episode

Here are 7 guaranteed resources to get funding for your home:

Gary V Flip Challenge Play List:

https://youtube.com/playlist?list=PLlLFzyZmL87aAzGlL9-EWox7KZX1alpPw&si=LTYpWGga-EpXUdh-

Lights by ROA Music:

https://www.youtube.com/watch?v=RogITE1plk0

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LinkedIn: https://www.linkedin.com/in/grace-sandles-301508142

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Deaunna Marie

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Episode Notes

Opening Remarks
Thank you for listening to the podcast and for subscribing.
Today’s session will include Grace and Deanna, with more guests to come.
I typically don’t know the details of what we’re going to talk about beforehand.
Theme of the Day
Let’s call today’s session “Fix My Financial Plan.”
We’ll discuss the next steps and how to incorporate your son into the plan.

Listener Question 1: Pairing Drinks with Cigars

Question from Otis Chandler: What’s a good drink to pair with a fine stogie?
A “fine stogie” is likely a medium-to-strong cigar, with a nicotine grade of 3-4 out of 5.
Recommended drinks:
Chocolate beer (thick, heavy, full of hops).
Dry red wine (Cabernet, Merlot).
Strawberry beer could also pair well with this kind of cigar.

Listener Question 2: Choosing a Good Cigar

What makes a good cigar?
Cigars are graded based on nicotine content. The stronger the cigar, the more nicotine.
If you prefer strong cigars, look for bold, full-flavored ones.

Listener Question 3: Pricing at a Cigar Lounge

Price of a good lager at a cigar lounge?
VIP memberships at lounges typically range around $100/year.
Benefits of VIP membership:
Ability to bring up to 3 guests.
Discounts on cigars.
Access to private VIP areas.
For a good experience, VIP is recommended for privacy and better environment.

Cigar Lounges and Personal Experience

Why VIP matters:
As an introvert, I prefer the quiet and privacy of VIP areas.
I value creativity during downtime at a cigar lounge, where I can relax, smoke, and reflect.
If the lounge doesn’t offer a BYOB (Bring Your Own Bottle) option, I wouldn’t consider joining.
The lounge should also have proper ventilation to avoid discomfort from smoke.

Transition to Financial Plan Discussion

Financial Homework:
After the last class, you should have worked on getting your credit straight and focusing on a real estate plan.
Example: Setting up a Poshmark account to sell items, placing proceeds in an interest-bearing account.

Current Financial Plan: Steps Taken

Credit Actions:
Opt-out letters have been sent.
Actively reviewing credit improvement videos.
Real Estate Plan:
The goal is to secure an investment property by the end of December.
Researching down payment assistance programs for a fourplex property (considered residential).

Financial Goals and Clarification

End Goal:
Secure an investment property in 90 days.
Overcome challenges of bad credit and little to no money.
Plan:
Repair personal credit.
Research down payment assistance.
Aim to save $95,000 instead of $120,000.
Focus on multiple actions simultaneously (credit repair, saving, research).

Raising Immediate Income

Poshmark/Ebay Strategy:
Start listing items on platforms like Poshmark or eBay.
Goal: Raise immediate income through second-hand sales.
Include items like toys or other household goods for quick cash flow.
There’s nothing stopping you from making money by selling toys or other items you own.
Take a collection of toys, bundle them, take good pictures and videos, and post them on Poshmark.
This is easy, but you’re not doing it yet.
Everyone listening likely has around $25,000 worth of things they can sell—books, shoes, clothes, etc.
Even if you’re not ready to use Poshmark, you can flip items at garage sales.

Gary Vee Flip Challenge

Gary Vee extensively talks about flipping items at garage sales for profit.
Search "Gary Vee Flip Challenge" on YouTube to find helpful resources.
Deanna, please find the "Gary Vee Flip Challenge" playlist and put it in the chat for reference.

Monetizing a Podcast

If you have a podcast or plan to start one, you don’t have to wait to reach the required download limit to earn ad revenue.
You can monetize immediately through exclusive content or donations.
Create exclusive episodes and charge for access rather than waiting for enough downloads to qualify for traditional ads.

Creating a Successful Podcast Strategy

Produce 200 episodes in advance:
100 public episodes for the first 8 weeks.
100 exclusive episodes that you can monetize.
Post consistently for the first 8 weeks to maximize visibility and grow your audience.
Use the "New and Noteworthy" window on platforms like Apple Podcasts to boost exposure in the first 8 weeks.
Encourage listeners to check out exclusive content and give your podcast a five-star rating.

Why Planning Ahead Matters

Avoid the burnout of daily podcasting by recording and editing in advance.
Aim to be 56 episodes ahead, allowing you to miss recording days without disrupting the schedule.
Keep content evergreen (timeless) so it remains relevant and allows for flexibility in posting.

Monetizing Through Exclusive Content

Offer exclusive content in seasons (e.g., summer, winter).
Charge for season passes or subscriptions, ensuring you have steady revenue without relying solely on ads.
Build themes for your exclusive content (e.g., for a crime series, focus on one story or investigation).

Example of a Podcast Introduction

Use upbeat music and craft an engaging introduction to hook listeners from the start.
Example:
"Hey everybody, this is [host’s name] and welcome to [podcast name]. For the next 8 weeks, we’re doubling our content output just for you! Every day, we’ll be dropping two to three episodes to make sure you get the best content. Don’t forget to give us a five-star rating and share it with your friends!"
Maintain this level of energy and engagement throughout your first 8 weeks to grow your listener base.

Podcasting Tips for Consistency

If your podcast focuses on daily topics or trends (e.g., news or gossip), you may need to adjust your strategy.
For evergreen content, plan and record ahead to avoid missing any scheduled releases.

Maximizing Podcast Income Potential

Create both free and paid content, with the free content designed to funnel listeners into subscribing for exclusive episodes.
Use creative strategies like offering crime or educational content in a unique way to build excitement around each season.

Conclusion and Audience Engagement

Always encourage listeners to engage with the content, subscribe, and follow for more.
Use creative audio production and consistent posting schedules to keep your audience invested in your podcast's journey.

Where to Start and Invest

Find a Mentor:
If you’re wondering where to start or what to invest in, the first step is to find a mentor.
You don’t ask a bricklayer how to invest in gold. Ask someone who is currently doing what you want to do.
Avoid those who used to do it, as they are no longer professionals in the field.
Having a mentor will guide you through real-world experience.

Next Steps After Finding a Mentor

Communicate Financial Goals:
Clearly define and tell your mentor your financial goals.
Many people aren’t millionaires simply because they’ve never seriously thought about becoming one.
You need to focus on what you want to achieve.
Big Picture Planning:
Think long-term. What do your finances look like 10 years from now?
How much money are you making 10 years from now?
What kind of lifestyle will you have with that money?
Lifestyle Determines Investment Strategy:
If you envision yourself grinding 20 hours a day, you’re likely pursuing a career in stock trading, day trading, or similar fields.
If you want a life of travel and leisure, you need income-producing assets that work for you without requiring your daily input.

Defining Investment Strategies

Antonio’s Casino Effect:
This is a strategy where you make many small bets with minimal risk to generate returns over time.
You aren’t placing a single large investment; instead, you’re spreading smaller bets (money) across various opportunities, like sales funnels or stock trades.
The goal is to win 70% of the time, similar to how casinos minimize risk by spreading bets over many smaller games.
Example: In stocks, you invest in many positions, flip them, and reinvest the profits to make larger bets.
Antonio’s Hard Income Producing Asset Effect:
This strategy focuses on creating long-term passive income by building assets that generate revenue with little daily effort.
It requires significant work upfront, but once the assets are in place, they generate income without continuous input.
Examples: Rental properties, automated businesses, or investments that don't require constant monitoring.
Your time is no longer tied to income, as systems or employees manage the assets.

Choosing the Right Strategy

Casino Effect:
Ideal for individuals willing to work daily, flip money, and take smaller risks.
Best for people actively involved in their investments or business, like stock traders or influencers.
You continuously reinvest profits from smaller gains.
Hard Income Producing Asset Effect:
Best for those seeking passive income with long-term growth.
Requires more upfront capital and effort but offers freedom as the assets generate income without your direct involvement.
This strategy suits individuals looking to step back and enjoy life while income flows in from investments.

Understanding Your Vehicle

Vehicle Defined:
A vehicle is what you invest in to generate income.
Example: A lawnmower is a vehicle for a gardener, but a fleet of lawnmowers for a landscaping company is a much larger vehicle, offering greater income potential.
A large vehicle, like Delta Airlines, controls and generates income by selling positive space, not seats.
Income Generating Vehicles:
In the casino effect, your vehicle is something like sales funnels, stocks, or social media audiences that you leverage to create income with smaller bets.
In the hard income producing asset effect, the vehicle could be real estate, intellectual property, or automated systems that continually generate income.

Applying the Casino Effect

Example:
In real estate, if you don’t have a large down payment, you can create several smaller income streams through sales funnels, small investments, or flipping properties.
Continuously reinvest your profits into larger bets to build your capital for future investments.
The strategy is about making money from minimal risk and reinvesting those returns for bigger opportunities.

Conclusion on Investment Strategy

Choose Based on Lifestyle:
If you prefer constant involvement and working daily to flip income, the casino effect is for you.
If you want passive income and long-term freedom, the hard income producing asset effect will suit your needs better.
Both strategies require clarity on your financial goals and lifestyle preferences.

Casino Effect and Hard Income Producing Asset

You can create wealth using the casino effect with the intention of turning it into a hard income producing asset.
Example: Investing in stocks with short-term strategies to take out money and place it into long-term assets like real estate.
I am not a long-term stock investor anymore. I use the casino effect to make small wins (e.g., $3 per trade), then roll those profits into hard income-producing assets.

Stock Strategy

I aim for at least 70% success in my stock bets.
Even small gains (e.g., $3 per trade) multiplied over many trades can generate significant profits.
Example: 700 wins at $3 each = $2,100 profit in an hour, which can then be reinvested.

Transition to Hard Assets

Once I accumulate enough profits, I move that money into hard income-producing assets like real estate.
Real estate is indestructible income compared to the volatility of the stock market.

Be Careful of Your Soundtrack

The way you invest is often influenced by the circumstances of your life.
You may hold a stock when you should sell or sell when you should hold because of personal financial pressures (e.g., bills, debt, etc.).
Example: If you hold when you should sell, you miss out on gains. If you sell when you should hold, you cut your losses too early.

Stock Market Strategy for Big Investors

For hedge funds or those with large holdings, missing just $5 in gains can mean a loss of hundreds of thousands of dollars (e.g., missing out on $5 per share for 50,000 shares = $250,000 lost opportunity).

Transition from Stocks to Real Estate

My goal is to make $80,000 for a down payment using the casino effect in stocks.
Once I reach that amount, I pull the money out of stocks and place it into indestructible income, like real estate.
The stock market is volatile and depends on someone else's economy. I want to take money out of their economy and put it into my own economy (real estate).

Leveraging Someone Else's Economy

The stock market is someone else's economy. I use it to generate wealth and then move that wealth into my own income-producing assets.

Art, Gold, Silver as Hard Income Assets

Art, gold, and silver are long-term assets, not suited for the casino effect.
These are examples of hard income-producing assets and should be used to sustain wealth over time.
You can take out cash-bearing insurance policies against these assets, allowing you to borrow tax-free against their value.

Real Estate as the Best Retirement Plan

Real estate is the best retirement plan because it:
Always appreciates in value.
Can be insured.
Allows you to borrow against it tax-free.
The stock market and other investments cannot provide the same level of stability and growth as real estate.

Art and Insurance

High-value assets like art can have cash-bearing insurance policies, allowing you to borrow tax-free.
Example: Mark Zuckerberg built a $25 million statue for his wife. Likely, he has a cash-bearing insurance policy on it to borrow against.

Three Levels of Spending

Poor: Income → Expenses (spending directly from income).
Middle Class: Income → Borrowing from Financial Institution → Expenses (spending via loans, credit cards).
Wealthy: Income → Income-Producing Assets (IPA) → Expenses (use assets to pay expenses, not your own income).

Managing Multiple Accounts for Investment Strategies

Navy Federal Credit Union: Used for short-term, casino-effect investments.
Dover Federal Credit Union: Used for long-term, hard income-producing assets. I don't have a debit card for this account, so I can't easily access the money.
PenFed: Another account used for short-term needs or emergency funding.

Personal Finance Statement

Use the personal financial statement to track income, expenses, and assets.
It helps determine if you are in cash flow or deficit and guides long-term financial planning.

Income-Producing Assets (IPA)

The wealthy create IPAs that pay for their expenses. They only borrow from financial institutions to create more assets, not to pay for personal expenses.

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