What a great episode! I would totally subscribe to that dude's channels! lol. Graham & Jack thanks again for having me on. It was so much fun hanging with you guys. We totally forgot to talk about that time Graham reacted to my Black Card video and made it my most-watched video ever.
Current calculated yearly salary of the podcast: $58,666.12. If the podcast was someone working a 40 hour week every week it would be making $28.20 per hour. That also translates to $6.70 of passive income every hour! This is roughly the same as the median personal trainer!
simply study the curve of great assets like real estate, dividend paying stocks of blue chip companies, gold, etc ,my conclusion is that most great assets never come down to the price that you want them to so you can buy. just buy the ones you can afford today.
@@Jme--- How do one actually know the actual business going on behind every stock market? because i would guess that market would move a certain direction and it will go in a whole different direction and it can be exhausting.
@@Mcdd7-_- In situations like this I always advise people on getting a coach at least someone that understands price actions and all that while you strive on improving yourself by watching videos and learning fundamental analysis.
@@Jme--- i concur with the idea of an investment coach but getting someone who is capable and reliable is where the problem lies. everybody claims to be good until you actually need them. Have you used a coach? what is the experience like?
@@Mcdd7-_- I cant divulge much but Freda Lynn Johnson has been coaching me for quite sometime now and through her guidance I have been able to grow my bag from her trading strategies, signals and advise, started with $10k and have made over $105k from compounding that initial capital over the period of 7 months.
The downside to covered calls (selling calls) - You buy Apple at $120 (100 shares). So your breakeven is $120 per share. You then sell the call option and receive upfront $4 per share so your new breakeven is now $116. At a certain time, let's say a month, you are obligated to sell your shares, all 100 of them to the buyer of that option. If the stock has gone down the buyer won't want your shares so you won't be exercised. If the price of Apple goes up to $130 the buyer would have closed their position and made a quick profit using your capital. So you've made $4 a share and they have made many multiples more due to option premium prices jumping when the stock in this case goes up. That's downside scenario 1. The second and more costly one to the seller of options is this: Apple goes down and you don't get exercised so you still own the shares. But Apple goes down to $110. Remember your B/E is $116. What do you do? Sell another option, right? But at what strike price? And what if Apple now goes back to $120 and you have a strike price of $113 (out of the money) but now that OTM option is deep "In the Money". You now have to buy the option back (thus losing that second premium you just collected and more) AND sell another option if you want to have a strike price at or above your BreakEVEN! Confused?! A safe and conservative way to make money on shares you own but also a complicated and speculative way when you start seeing stocks jump around at big ranges. So why not just sell options on "safe" and boring stocks? There is very little premium in those so very little upside. Covered calls work with stocks that trade flat in a defined channel of clear support and resistance. Find those stocks and try the strategy. In essence, you are selling time to the buyer and expecting the stock does very little in that time frame - so weekly or a month out is what covered call investors/traders like to do. There are more rules and setups to effectively execute. Some are: % inside owners, trading close to the 20/50 day Moving average, no upcoming earnings, a general upward trend, some avoid banks and Chinese companies, and of course strong fundamentals.
The world is gradually moving out of the I work for my boss era and people who choose to be entrepreneurs are securing a brighter future for themselves
I see Crypto as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions
Hey Graham and Jack... Thank you for helping me through your podcasts, I have watched 20 episodes in the last two weeks and honestly the time spent was worth it. Learnt a lot.. Keep on going guys ❤️ A Big thank you to Graham personally for the advice, very inspirational guy...
I absolutely loved this episode and the lack of structure of this video. I felt like I was a kid in a candy store with each topic. Please bring Chris and Jordan on your podcast.
Several intelligent people are terrible investors because they face the market with untrained psychology and untamed emotions. . You need to keep raw, irrational emotion under control.
Really wish I knew what I know now several years ago in my early 20's. Investing today is priceless because tomorrow isn't promised, trading bit-coins, gold, silver and crypto secures a better future financially.
This is very true. How many wealthy people or billionaires became wealthy by wages and salaries or by saving in a bank account? You don't even know one right?
@William Gorge True, but I think most people have their reasons for not trading. Either lack of experience or plenty of bad experience. Over trading ,lack of patience and bad trading strategy are more reasons why people lose trade. Then the untamed emotions you venture into the market with.
1:13:05 Hey Dave, if you’re doing what I think you’re doing with the ProShares UltraPro ETF, you may not want to hold it as a long term investment. Even if the S&P returns 9% in a given 10 year period, if there are down periods in that time, you could come out with a negative return overall. You are not guaranteed to return 27% in the same period because of the way they leverage returns on a daily basis
The Disney picture is from the film "The Rescuers" 1977 that is Madame Medusa played by Geraldine Page. So not Cruella De Vil... nice to know I know some things you guys don't, still have tons of knowledge to get from you guys keep it up. Also love the fact MeetKevin gets mentioned by Graham if the guest does not.
Graham: "Should I make an OnlyFans? I mean maybeeee... " Jack: "Can I produce your content?" Dave: Ight, Imma head out Jack is looking a little sus here😳
Free flow conversation is good. As long as you pull it back to investing when it becomes too out of topic. I also think that the educational part about options is really good for beginners trying to learn/understand what they are and how to use them.
I watched this episode three times already a few notes on many random questions I had were answered throughout the video. I absolutely loved the free-flowing nature of this video. To me it gave a lot of value. I'm definitely subscribing to Dumb Money 💰🤑
5 minutes to spare and Kevin was mentioned 😂 Also I like structured podcast But aslo like smooth flowing conversations like these. And the main channel doesn’t need to be slowed down for double the podcast 😂 I need these podcast more then once a week lol
I flew around this time and I felt super unsafe on a plane, it really solidified that feeling of social isolation and authoritarianism that has swept the country. The idea that healthy people were wearing masks just bothered the hell out of me.
I've been a fan of The Graham Stephan's show for years now but never had the time to watch any other stuff he did outside if it, but boy am I glad to have stumbled upon this video, instant subscribe!!! Watched it till the end, loved it and am now looking forward to the next one!
This is absolutely insane I just discovered and subscribed to the Dumb Money channel this morning watching 3-4 of their videos and now 6 minutes ago you post the iced coffee hour episode with them? This strongly suggests the algorithm is preparing channel subscribers for releases that are uploaded privately/scheduled.
I have figured out that Graham and Jack tell every guest that their intro was good to make them feel comfortable and give them a little confidence boost. Clever.
Thumbs Up 👍! Dave was hilarious joking about the Thumbs Down button at the end of the podcast. I loved the free flowing conversation. No more structure ever!!
Graham’s OnlyFans: exclusive content of Graham teasing, about to spend money foolishly on stupid crap but stopping at the last minute. “Oh, Graham. You money tease!” 😂
I think it's the Millennial Money show we need to worry about - all four of them bathing in a McDuck style money pit or something... but I do think it'd be hilarious. :D
It's insane to listen to US people talk about taxes.. In Norway most of the reports comes prefiled and it's like 1 hour to fill the extras and deliver the report.
Hey Graham, with these interviews to get more people to see them, I suggest along with posting the full length interviews. Post short clips as highlights so someone who is interested doesn’t need to watch a long interview. Just a suggestion, thank you for your time!
To answer your question at the end of the video, I like this style of podcast where it's not as structured because it feels more like you're just having a conversation and its almost easier to listen to in my opinion.
Graham! You've made your legacy picking up pennies in front of a freight train. Covered Calls/Short Puts create additional income from the portfolio, who doesn't want that?
I brought GME in December at $11 I had 14 share. I just I had feeling this babe was going down so I sell 12 from Robbin hood and Webull at $400 dollars. I have 4 kids just purchased my house so I brought a living rooms set with a fake fire stand. I was so happy. Every time I am going upstairs to my room I smile. I am sorry people I didn’t hold and sell but I just knew. I have 50 shares of AMC at $4.70 and just waiting for these babe to go up so I can buy my bedroom set. ☺️☺️☺️☺️
Great episode! When he mentioned Mark Cuban I thought that would be such a great guest if in any world you could get him on! If not Kevin O'Leary would also be amazing!
Jack I’m so tired right now but still won’t miss and upload! I spent the weekend rocklimbing, camping and eating Indian food from breakfast lunch and dinner.
Great episode, I loath the sound of dumb money though. These days as retail investors the repertoire available to research and invest is insane compared to years ago when dumb money was coined. Great video again always watch these to the end! Thanks for providing awesome content!
Graham, sounds like you were describing Ryan George's Pitch meetings on Screen rant. He's wildly popular within that channel but most of his audience hates everything else there.
![How I Turned $10,500 into $210,000 at 19 (in 90 days) [Beginner Real Estate]](http://i.ytimg.com/vi/fnFWKmDGGUU/mqdefault.jpg)
What a great episode! I would totally subscribe to that dude's channels! lol. Graham & Jack thanks again for having me on. It was so much fun hanging with you guys. We totally forgot to talk about that time Graham reacted to my Black Card video and made it my most-watched video ever.
Glad to see you on this week’s video.
Just earned another Sub!
I’m not taking advice from someone who is scared of Covid...
Have you looked into earth2? Think it's perfect for dumb money
I actually learned about Graham from you Dave!
Current calculated yearly salary of the podcast: $58,666.12. If the podcast was someone working a 40 hour week every week it would be making $28.20 per hour. That also translates to $6.70 of passive income every hour! This is roughly the same as the median personal trainer!
Mateoooooooo
Thanks Mateo!
That’s incredible thanks Mateo!
Mateo is out here spiting these median income facts
how did you do that so fast??
It’s now part of the routine for them to compliment the guest for how good they said the intro
Hahah I mean they just keep getting better
Got to puff up the talent!
That's the trick.
All of Graham’s channels are now defined by their intros first, content second
This guy only watched the intro
We can't just gloss over the fact that Graham's Dad animated the Disney films we all watched as a kid
right
What? So cool!!! Thank you for the fact
simply study the curve of great assets like real estate, dividend paying stocks of blue chip companies, gold, etc ,my conclusion is that most great assets never come down to the price that you want them to so you can buy. just buy the ones you can afford today.
Many investors view stocks as a price that moves on a computer screen only few grasp the fact that behind every stock there is an actual business.
@@Jme--- How do one actually know the actual business going on behind every stock market? because i would guess that market would move a certain direction and it will go in a whole different direction and it can be exhausting.
@@Mcdd7-_- In situations like this I always advise people on getting a coach at least someone that understands price actions and all that while you strive on improving yourself by watching videos and learning fundamental analysis.
@@Jme--- i concur with the idea of an investment coach but getting someone who is capable and reliable is where the problem lies. everybody claims to be good until you actually need them. Have you used a coach? what is the experience like?
@@Mcdd7-_- I cant divulge much but Freda Lynn Johnson has been coaching me for quite sometime now and through her guidance I have been able to grow my bag from her trading strategies, signals and advise, started with $10k and have made over $105k from compounding that initial capital over the period of 7 months.
The downside to covered calls (selling calls) - You buy Apple at $120 (100 shares). So your breakeven is $120 per share. You then sell the call option and receive upfront $4 per share so your new breakeven is now $116. At a certain time, let's say a month, you are obligated to sell your shares, all 100 of them to the buyer of that option. If the stock has gone down the buyer won't want your shares so you won't be exercised. If the price of Apple goes up to $130 the buyer would have closed their position and made a quick profit using your capital. So you've made $4 a share and they have made many multiples more due to option premium prices jumping when the stock in this case goes up. That's downside scenario 1. The second and more costly one to the seller of options is this: Apple goes down and you don't get exercised so you still own the shares. But Apple goes down to $110. Remember your B/E is $116. What do you do? Sell another option, right? But at what strike price? And what if Apple now goes back to $120 and you have a strike price of $113 (out of the money) but now that OTM option is deep "In the Money". You now have to buy the option back (thus losing that second premium you just collected and more) AND sell another option if you want to have a strike price at or above your BreakEVEN! Confused?! A safe and conservative way to make money on shares you own but also a complicated and speculative way when you start seeing stocks jump around at big ranges. So why not just sell options on "safe" and boring stocks? There is very little premium in those so very little upside. Covered calls work with stocks that trade flat in a defined channel of clear support and resistance. Find those stocks and try the strategy. In essence, you are selling time to the buyer and expecting the stock does very little in that time frame - so weekly or a month out is what covered call investors/traders like to do. There are more rules and setups to effectively execute. Some are: % inside owners, trading close to the 20/50 day Moving average, no upcoming earnings, a general upward trend, some avoid banks and Chinese companies, and of course strong fundamentals.
The world is gradually moving out of the I work for my boss era and people who choose to be entrepreneurs are securing a brighter future for themselves
I see Crypto as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today🤑
People are scared of investing because of the high rate of unprofessional brokers everywhere
This is bullshit , I've lost enough money trying to invest at the end I couldn't withdraw , without lots of excuses from you scammers ❌❌❌❌❌❌❌❌❌❌
SCAM ALERT
Hey Graham and Jack... Thank you for helping me through your podcasts, I have watched 20 episodes in the last two weeks and honestly the time spent was worth it. Learnt a lot.. Keep on going guys ❤️
A Big thank you to Graham personally for the advice, very inspirational guy...
Ahh I am so glad that you enjoy it (:
I absolutely loved this episode and the lack of structure of this video. I felt like I was a kid in a candy store with each topic. Please bring Chris and Jordan on your podcast.
If I was featured on this podcast the title would say: “from $0 to negative networth”
:(
@@TheIcedCoffeeHour the sadness is real.
Now THAT I would like to see an interview about!
Do as I say, not as I did
On my way to be a new a millionaire, starting with $5 so I got a head start
NICE GOOD LUCK
You got this
You can do eeeeettttt
Peace of cake mate 👍
It starts with five bucks!!!
Dave has such a great friendly presence
I definitely like the free flowing conversation. It allows things to be more real
Things are getting worse, it's so bad that having a job doesn't mean financial security
Several intelligent people are terrible investors because they face the market with untrained psychology and untamed emotions. . You need to keep raw, irrational emotion under control.
Really wish I knew what I know now several years ago in my early 20's. Investing today is priceless because tomorrow isn't promised, trading bit-coins, gold, silver and crypto secures a better future financially.
This is very true. How many wealthy people or billionaires became wealthy by wages and salaries or by saving in a bank account? You don't even know one right?
Yeah I agree with you, I think the best time is now .
@William Gorge True, but I think most people have their reasons for not trading. Either lack of experience or plenty of bad experience. Over trading ,lack of patience and bad trading strategy are more reasons why people lose trade. Then the untamed emotions you venture into the market with.
Flat tax of 0% sounds good. Eliminate the income tax, abolish the IRS, and cut federal spending by 50%.
1:13:05 Hey Dave, if you’re doing what I think you’re doing with the ProShares UltraPro ETF, you may not want to hold it as a long term investment. Even if the S&P returns 9% in a given 10 year period, if there are down periods in that time, you could come out with a negative return overall. You are not guaranteed to return 27% in the same period because of the way they leverage returns on a daily basis
I really like this guy. Had never heard of him before this. Thanks for introducing us to him!
jack and dave's excitement exposing graham to more gritty options strategy at the end was precious lol
This is hands down the best podcast channel on TH-cam!
Wow, thanks!
Done the video! Watched at 100x speed. Take that Damian and Amar!
NICE
@@theicedcoffeehour299 scammer
Dave has one of the best voices on TH-cam (up there with Grant Navarre)
Hahah yesss
Haha thanks Jack!
The Disney picture is from the film "The Rescuers" 1977 that is Madame Medusa played by Geraldine Page. So not Cruella De Vil... nice to know I know some things you guys don't, still have tons of knowledge to get from you guys keep it up.
Also love the fact MeetKevin gets mentioned by Graham if the guest does not.
Graham: "Should I make an OnlyFans? I mean maybeeee... "
Jack: "Can I produce your content?"
Dave: Ight, Imma head out
Jack is looking a little sus here😳
ಠ_ಠ oops
@@theicedcoffeehour299 scammer, not real!!!
I personally love the freeflow conversations. It really brings out your guys personality. That's just my opinion
ahh so glad you enjoyed
I prefer the natural flow of the conversation
ahh thanks for the input!
Free flow conversation is good. As long as you pull it back to investing when it becomes too out of topic. I also think that the educational part about options is really good for beginners trying to learn/understand what they are and how to use them.
TH-cam: How many ads do you want?
Jack and Graham: Yes😂😉😵⚡
I like this free flow conversation, it’s seems more genuine and raw. I was captivated the whole time
I like this set up so much better - no echo, no awkwardly sitting on the couch and holding the mic for 2 hours.
Haha we will get a legit setup hopefully soon
@@TheIcedCoffeeHour soooooo now there are 2 of you lol.
Really enjoyed this episode. It was just like 3 friends talking in a bar, but the strategies and experiences were amazing. More please!
Awesome episode. Thanks for having him on
Love Dave, so glad you guys did an iced coffee hour together!
I really liked this free flow conversation format!
I watched this episode three times already a few notes on many random questions I had were answered throughout the video. I absolutely loved the free-flowing nature of this video. To me it gave a lot of value. I'm definitely subscribing to Dumb Money 💰🤑
5 minutes to spare and Kevin was mentioned 😂
Also I like structured podcast
But aslo like smooth flowing conversations like these.
And the main channel doesn’t need to be slowed down for double the podcast 😂 I need these podcast more then once a week lol
Hey there, Dave here!!!!!! I’m excited for this 🙀🙀
HEY THERE
Hope you enjoyed it!
I flew around this time and I felt super unsafe on a plane, it really solidified that feeling of social isolation and authoritarianism that has swept the country. The idea that healthy people were wearing masks just bothered the hell out of me.
This is the crossover we need
Yesss
I've been a fan of The Graham Stephan's show for years now but never had the time to watch any other stuff he did outside if it, but boy am I glad to have stumbled upon this video, instant subscribe!!! Watched it till the end, loved it and am now looking forward to the next one!
This is absolutely insane I just discovered and subscribed to the Dumb Money channel this morning watching 3-4 of their videos and now 6 minutes ago you post the iced coffee hour episode with them? This strongly suggests the algorithm is preparing channel subscribers for releases that are uploaded privately/scheduled.
That’s an amazing coincidence!
Welcome!
I love selling puts and covered calls, aka the opinion wheel. Collecting about 1,500 premium weekly on an 100k account.
I have been WAITING for this collab!! Awesome to have Dave on the podcast, great episode 😃
I love this free-flowing chat session format. Looking forward to many more.
I love Dave Hanson! So fun seeing these TH-cam worlds collide.
He’s amazing!
I have figured out that Graham and Jack tell every guest that their intro was good to make them feel comfortable and give them a little confidence boost. Clever.
Thumbs Up 👍! Dave was hilarious joking about the Thumbs Down button at the end of the podcast. I loved the free flowing conversation. No more structure ever!!
This episode was really well done. For Dave with his new contest, it's sort of a star search of finance and youtube!!!!
Knew this colab was coming eventually
That Disney picture you showed is from The Rescuers, lol.
Love the financial based podcasts, thank you it’s Sunday!
Thanks for watching!
You read my mind! I was thinking this morning that what i need is investing for beginners!!!! Perfect timing. I'm not at £0 but small beginnings!
Enjoy!
I always bring up the idea of a flat tax. Same for everyone, no loopholes, no deductions. Nothing, everything would be so much simpler
Graham getting into options... Love it
:D
My two fave TH-camrs in one collab. This is great!
thank you so much!
Orlando!
Graham’s OnlyFans: exclusive content of Graham teasing, about to spend money foolishly on stupid crap but stopping at the last minute. “Oh, Graham. You money tease!” 😂
Graham needs to see this
I think it's the Millennial Money show we need to worry about - all four of them bathing in a McDuck style money pit or something... but I do think it'd be hilarious. :D
😂😂
This was great! Love the free-flowing structure of the podcast :)
It's insane to listen to US people talk about taxes.. In Norway most of the reports comes prefiled and it's like 1 hour to fill the extras and deliver the report.
This was such an amazing guest!
thanks so much!
That's not 101 Dalmatians. That cell is "Madam Medusa" from "The Rescuers" (1977)
Loved the freeflow conversation
Parking tickets are a revenue driver for any municipality. Especially since regular parking demand is down due to the pandemic.
Hey Graham, with these interviews to get more people to see them, I suggest along with posting the full length interviews. Post short clips as highlights so someone who is interested doesn’t need to watch a long interview. Just a suggestion, thank you for your time!
We will be doing that soon!
Loved it, loved the conversation style of it, much better
Everything is hot because financial education is taking over...
To answer your question at the end of the video, I like this style of podcast where it's not as structured because it feels more like you're just having a conversation and its almost easier to listen to in my opinion.
Chapters really help. Like in the Shelby Church podcast. If the app or headphones crash you know where to go back to.
Why do you make your channel so captivating....
Before I know it... Hours fly by...! :)
Ah, this is why Dave has such a great presenter voice!
He reminds me of Saul Goodman
Oh yeah!! I see the resemblance.
We love a good contrarian concept for the stock market- another great guest!!!
More to come!
Graham! You've made your legacy picking up pennies in front of a freight train. Covered Calls/Short Puts create additional income from the portfolio, who doesn't want that?
GRAHAM FINNALLY GOT INTO OPTIONS❗❗❗
Hey, there, it's Dave, here!
(:
HEY
@@TheIcedCoffeeHour Jack, I long for your response on Insta lol
Great content this week.
I didn't notice the structure was different for this one, I liked just listening to the conversation flow.
ah so glad you enjoyed (:
Loved the unstructured!
Dave's credit card videos are awesome and so well produced!
Yesss he is great!
I feel honored being so early because I know Jack or Graham will see this. Love the content as always!
Yooo thanks Lorenzo!
I brought GME in December at $11 I had 14 share. I just I had feeling this babe was going down so I sell 12 from Robbin hood and Webull at $400 dollars. I have 4 kids just purchased my house so I brought a living rooms set with a fake fire stand. I was so happy. Every time I am going upstairs to my room I smile. I am sorry people I didn’t hold and sell but I just knew. I have 50 shares of AMC at $4.70 and just waiting for these babe to go up so I can buy my bedroom set. ☺️☺️☺️☺️
The fact that this is posted on a Sunday!’ Is a plus most of my TH-cam’s I’m sub to don’t post on Sunday!
@The Iced Coffee Hour wat
the things is, it's so complicated but so easy, it's a whole spectrum 👌
its very true, you can take it to whatever complication level you want to
I absolutely love these investing videos.
Ahh so glad you enjoy (:
When Jack talks about options it is like he is talking about someone he is in love with😂
I once had 10 properties, 15 rentals in all and now I have none... life is so much better now.
Great episode! When he mentioned Mark Cuban I thought that would be such a great guest if in any world you could get him on! If not Kevin O'Leary would also be amazing!
Love the brown colour on Graham. You say you do not spend much but your colour combination and style of dressing is really good
Jack I’m so tired right now but still won’t miss and upload! I spent the weekend rocklimbing, camping and eating Indian food from breakfast lunch and dinner.
Nice man! Rock climbing is awesome
Wait, this was less structured than the normal podcast 😂 I love the free-flowing format, and I guess I didn’t notice it was structured before haha
I liked the free style format. But I think it shouldn't matter. Do what you want. When your enjoying the format it's going to be better for us.
Great info! Really loved listening even where I didn't understand. Gives me an idea of all the things I still have to learn!
No way! I was just thinking that it must be nice to get him on the podcast. Good job Jack and Graham!
thanks!
Great episode, I loath the sound of dumb money though. These days as retail investors the repertoire available to research and invest is insane compared to years ago when dumb money was coined. Great video again always watch these to the end! Thanks for providing awesome content!
I like the free flow conversion.
Wow! Graham your networth has exploded! 22 million? Congrats
I love the sponsored ads. Laugh my a*s off every time 😂
Grahamcoin to the moooooon! 🚀
WOOOH
Would love to see dumb money and two of you crossover
I love Dave found his own youtube channel at the end of 2020 ! love his credit card vids !
Graham, sounds like you were describing Ryan George's Pitch meetings on Screen rant. He's wildly popular within that channel but most of his audience hates everything else there.
Digging the off the cusp hour-long videos