Bread and Circus Keeps you Financially Ignorant Its Better for the Elites w/ Chris Russo

➡ The article discusses the current state of the market, highlighting its unpredictability and the fear of uncertainty despite being in a bull market. It also talks about a product called Blood Flow 7, which improves blood flow and helps with energy, brain fog, and anti-aging. The article then shifts to a discussion about financial literacy, emphasizing the importance of understanding finance to build generational wealth. Lastly, it warns about IRA scams and encourages people to check their investments and seek help if they suspect they’ve been scammed.
➡ The discussion revolves around the current economic situation, focusing on the impact of tariffs and wealth distribution. There’s concern about the delay in court decisions on political matters and the uncertainty it brings, especially for small businesses. The conversation also touches on the widening wealth gap, with the middle class being squeezed out, leading to fears of the U.S. becoming a third-world country. Despite these issues, there’s a belief in the resilience of the U.S. economy, with the country’s status as the reserve currency seen as a significant advantage.
➡ The article discusses the current economic situation, highlighting the risks of inflation and the potential for a market crash. It also touches on the uncertainty in the job market due to technological advancements, which could lead to job losses. However, it suggests that these changes could also usher in a new era of technological growth and innovation. The article ends with a debate on the concept of universal basic income as a potential solution to job losses.
➡ Change can be scary, but it can also lead to great things. Many people are afraid of change, often staying in situations out of fear. However, change can bring about positive developments, such as advancements in technology like AI, which could revolutionize various sectors, including medicine. Despite potential challenges, the hope is that AI will bring about significant improvements in our lives.
➡ This text discusses investing in pre-IPO companies, which are opportunities typically only available to high net worth individuals with a net worth of $2.2 million or more. These investments can be risky but potentially very profitable, with examples given of shares bought at $5 climbing to $50 before settling at $30. The text also discusses ethical considerations in investing, with the speaker refusing to invest in companies they consider unethical, but acknowledging that technological progress, such as surveillance technology, is inevitable and can be profitable to invest in.
➡ The speaker discusses the importance of understanding and getting involved in financial matters to maintain freedom. They highlight the current success of gold and their cautious involvement in cryptocurrency, noting its potential but also its complexity and lack of tangible assets. They also emphasize the benefits of pre-IPO investments and insurance vehicles like Index Universal Life for creating tax-free revenue. The speaker concludes by stressing the importance of financial literacy and the advantages of being self-employed (1099) over being an employee (W2) in the U.S.
➡ The text discusses the concept of generational wealth, emphasizing the importance of building it slowly and steadily rather than seeking quick, risky returns. The speaker encourages focusing on this type of wealth for the benefit of future generations, and mentions the power of compounding interest. For further advice, the speaker can be contacted through his website or LinkedIn.

Foreign. Well, you know, it’s funny. So right now the market is in, in agreed phase. Even though there is that fear of, of the uncertainty. You know, we’re in a bull market. The market’s at new highs. You know, every dip has been bought. You know, equity prices continue to go higher. And the reality is you can really make a case both ways. If there’s inflation, you want to be in us. You know, the big companies are going to continue to increase their value. I’m always looking for products that really help us as we age and make us feel better.

So many of us are having suffering from energy brain fog. You know, we’re getting older so we have issues, you know, that just come with age. And we’re taking all these supplements and we’re, you know, I’m always talking about peptides and things that make you feel better, give you more energy. And one of the overlooked areas is making sure that you have the blood flow to get the oxygen and nutrients to all the cells in your body and to your brain. And there’s a product called blood flow 7 and it is amazing. It increases your nitric oxide by 230% and it opens up your arteries by 62% which really improves blood flow and it gets those nutrients into your cells.

It helps with brain fog, it helps with energy, it helps with anti aging, it helps with maintaining a healthy heart. If you’re interested in this, go to blood flow7.com Sarah or use the link below. Welcome to business Game changers. I’m Sarah Westall. I have Chris Russo coming to our Friday night economic review. I wanted to bring in somebody that works with high net individuals and can give you some insight on how he talks to them, how he works with them. Because when you’re working with them, people think differently. And I would like to have you have kind of insight on how they think, how they work with people and how they maximize the return.

And one of the things he said in this interview is that so many people are financially illiterate and he thinks it’s by design because those, and I said this too, I repeated and those that are illiterate, the more people that are illiterate, they have better opportunities. So if the masses don’t know anything about finance and they do, they have a better shot at making more money off of you. And so the more literate you are on the financial world, the better off you’re going to be. And what can you do to get generational wealth, you know, meaning that you, not just my wealth, but my Grandkids wealth and it passes on for generations.

How do we establish those vehicles so that it’s a long term and you don’t have to be super wealthy right now to get it started. Start small and you build. What are those things that we can do and how can we be smart about it? And I need to tell you, he’s an entrepreneur who started Worldwide Wealth Group. So he is independent and he’s built up a really nice portfolio for people of high net worth. And one of the companies he got people into is Palantir. Right. And Palantir is kind of the, the poster child of the surveillance in the independent media.

They’ve used Paler as the evil company that everyone points to and I, I think they’re doing surveillance tech and I don’t like it and. But I got to tell they’re just one of many. Right. But he invested in. And I, I want you to hear what, you know, how investors think because what’s going to happen is I’m going to get a slew of people commenting about how evil Palantir is and how you shouldn’t talk about now you’re evil. I never want to talk to you, never going to listen to Sarah Wessel again because you brought on somebody that invested in Palantir.

So then what happens is that all of you are going to never hear about how people invest in these companies because you don’t want to hear it. Anybody talks about it as ev so that they never talk about it publicly anymore. They’re just private. And then you are all happy because nobody talks about it and you just bash on it. Meanwhile this is all going on and you are just ignorant. All you’re doing is helping yourself remain ignorant versus saying okay, I want to hear what’s happening here and I want to learn. And then I want to be smart and say, okay, this is what’s happening.

How can we protect our freedom and ensure that this kind of technology is used for the proper purpose and not against us? Right. You need to learn and understand what all this stuff is and not be, not be so reflective and angry and emotional and then shut it all down and then you never get to hear about anything. You’re happy now because you never get to hear about it. You think that you’re in this bubble and now all you are is ignorant and now you don’t get to hear about it. I’m, I’m really going to start pushing back on all these trolls that come out and just want everybody to remain ignorant in this ignorant bliss.

It Helps no one. Okay, I’m done with that rant. Before I get into that, I want to remind you about the IRA scams. I’m working with Miles Franklin to help people with IRA scams. I just got. I was on Eric and Glenn Meters show, which they work with people on how to get out from underneath the surveillance state. And I support their work. I think it’s great work. And they. We talked about the IRA scams. And just over the weekend, I got another dozen people that came on in because of one show that we did. And I’m telling you, it’s the tip of the iceberg.

And on your portfolio, look, because what’s happening is you’re buying this, this stuff, and they’re telling you it’s worth more than it is. So it’s like you’re buying a Honda and they’re telling you it’s a Porsche. And then they’re putting on your statements every month, they’re telling you it’s a Porsche, it’s a Porsche, it’s a Porsche. And then when you go to sell it, they’re giving you Honda prices, and that’s what the difference is. So people are investing. Let’s say you spent your whole life, you saved a million dollars. They buy it, and now it’s only worth 400.

They pocket that $600,000 difference. They just stole a whole bunch of money from you. And then they tell you it’s still worth a million dollars, it’s still worth a million dollars. Or they might say, okay, it’s now it’s only worth 850. And so, you know, what the heck, gold’s gone up by 40, 50%. And then when you go to sell it, then you realize, oh, it’s really worth only 450. But if you would have bought gold at the price that it was worth when it was a million dollars, you’d probably have a million and a half right now.

So you really got hosed. So I’m telling you, look at your IRAs. Make sure you’re not in that spot. If you are in that spot, go to sarahwestel.com Miles Franklin, fill out that form. And we are having really good success at getting people’s money back and making people whole. So just do yourself a favor and figure out whether you’ve been scammed or not. Okay? Sarahwestall.com Miles Franklin, fill out the form. You’ll also get access to the private price list and figure out where gold and silver, where you can buy it at at the best premiums. So you will get the most from your investment.

Okay, let’s get into this interesting and informative conversation with Chris Russo. Hi, Chris. Welcome to the program. Thanks for having me. You have a different perspective on finance. You work with high net individuals and you give them advice on what to do in this crazy time. And so I wanted to have you on as far as helping people. I mean, people want to know what the people with money are doing because typically they’re the most well informed. But in this particular climate, I’m not sure if anybody’s really all that informed because everything is so up in the air.

Yeah, that’s the challenge right now. I mean, there’s really nothing definitive except the fact that the Fed’s going to be cutting rates in September, quarter basis point. I mean, after today’s numbers, they could go a half a basis point, but I think that would, that would create a little bit of fear in the market. So I think Powell sit with quarter basis point. But yeah, you’re 100% right. I mean, between the tariffs, you know, the uncertainty of, of the labor market now and, and you know, everything’s up in the air, right. With the, this court decision on what’s going to happen.

And you know, Trump’s asking for them to expedite that decision. In the short, that’s just not the way things work. You know, they haven’t even accepted, from what I understand, the Supreme Court hasn’t even accepted to look over those tariffs. Right. They’ll accept it, but they haven’t even accepted the case yet. So. And that’s his way of, I mean, that’s how they win in politics is just get the court to delay, delay, delay, and then by the time they even look at it, it doesn’t matter anymore. Yeah, but this, this a biggie, right? Because there’s potential to give back a substantial, it’s like $72 billion that we’ve already collected in on, on tariffs.

And then they’re saying that from now until the next year, you know, Bassett was saying that it’s like, you know, 750 billion to as high as a trillion. You know, they always say the bigger numbers, but you know, it is substantial. Yeah. And we give it back to the countries. That would make a big difference. What are they doing with the money that they’re collecting right now? I mean. Yeah, that’s the, you know, right now it’s supposedly going back into the treasury. And then they, you know, they’ve discussed, you know, giving a rebate check back to Americans, but you know, that Remains to be seen.

Everything right now is kind of like tongue in cheek. And that’s like the main challenge with all the tariffs that are happening right now is because, you know, it’s one thing to have tariffs, it’s another thing of having uncertainty, right? So when you talk to like manufacturers, people, businesses that are trying to set up for the holiday, they’re like, just give me my poison now. We just don’t know what the poison is. If we know it, then we can work around it. It’s the uncertainty that really puts people, you know, in an uncomfortable situation. The business community and you know, the reality, Sarah, is what hurts the most is the small business, right? It’s the small guy that gets hurt because he can’t navigate as easily as the Home Depot or the Walmart’s of the world, right? They have, you know, deeper pockets, they’ve got more leverage.

And, and that’s the sad part, right? Because even like with COVID you know, everything is just continuing to, you know, spread the divide of wealth and it just keeps pushing to the bigger and bigger companies. Well, I’ve been talking about the fact that we’re almost looking like a third world country where the wealth distribution of the top to the bottom, the middle class is being gutted out and then there’s a huge, there’s only a few on top and everybody’s poor. I mean, that’s a third world country and we keep moving in that direction. But that’s a very dangerous path to go down.

Yeah, it’s not only is it dangerous, it’s just disappointing, right, because, you know, the beauty of our country, right, has been that the middle class, having the middle class is what really fuels, you know, all boats rise high tide, right, in high time, they say. And we just keep gutting that, that center out. And you know, it’s not even, you know, it’s, it’s disappointing, obviously, but it’s, it’s also, you know, you could blow the whole system up, right? You see what’s happening in New York City. They want to put a communist in as a mayor, a socialist, whatever you want to call them.

But I mean, those things normally would get laughed off. You know, you can’t continue, you can’t continue the same path of just, you know, prices are going higher, right? Home, home prices have gone up like what, 45% over the last couple of years. Interest rates are higher. It’s, it’s unattainable to get out, you know, come out of college or to have children and think that you’re going to own a home in the United States of America. And it’s just, you know, something’s got to give and you know, you have unintended consequences for, you know, the greed that, you know, that we’re pushing right now.

Well, I just saw a poll this morning that showed that 40 some percent of the people polled believe that they should take extra homes from wealthy and give it to the people that don’t, can’t afford homes. I mean, we’re actually getting to that point where people are thinking that way. Yeah. And it’s, and it’s also the point that we’re not brought up like with kids in school. They’re not taught economic, like they’re just not talk taught the literacy of how things work. And you know, why socialism doesn’t work. I mean, just look at Europe, you know, it’s, you know, I think Elon Musk said it recently.

He said Europe is the dustbin of the world, you know, and it’s, there’s nothing great coming out of there anymore. There’s no motivation in those nations to, you know, to invent, to build, to expand, you know, and now when you look, you know, the birth rate, they’re dropping, you know, substantially. They can’t keep up. Right. Why would you want to have children? You can’t afford to have children. Well, there’s multiple reasons the birth rate is dropping. But yeah, I mean, if everybody’s poor, who the hell wants kids? That’s right. So if the same situation continues over here, you know, then, you know, you know, just where, where are we headed? Where are we going? You know, what’s.

So you think that, I mean, when people have nothing, then they’re not afraid to fight. Right? I mean, that’s what happens. And, and so we, we are in a situation where too many people want to take. It’s a revolutionary timeframe. Right. People feel like they have nothing, so they’re not afraid to lose anything. Right. And so they’re willing to fight. And that’s the kind of scary situation. That’s why I say it’s scary. It’s disappointing because we want everybody to flourish. Right. But do you think that we could turn into a communist? I mean, I mean, that’s the problem.

Like Venezuela, the, the, if people look at the history of that they were the wealthiest western country behind the United States and then they turned into this socialist hole and it turned into a third world country environment. Their wealth, you know, was erased. Yeah, you know, that’s a good point, but I don’t now I don’t see that. You know, maybe I’m just naive, maybe I’m patriotic. But there’s. I’m doing this for 29 years, and clients call me with fear because there’s always fear and greed. That’s how the markets work. I always tell them there’s one thing they can never forget.

Don’t bet against America. That’s what I tell everybody. When you call me people. Look, when Biden came in, people were calling me, literally from. People in the south were calling me up, telling me that they want to sell their stock, they want cash sent to them, and they want to put it in coffee cans in the earth. Swear to God, I’ve had a lot of noise. I could see that. Yes. You know, they thought, like, Boeing’s going to go under, the economy is going to go under, and the main challenge is it’s social media, Right. And, you know, there’s two, two worlds, right? You know, half the, half the country actually thought Kamala Harris was going to win, and the other half of the country thought that Donald Trump was going to win.

Right? And, you know, we’re getting, we’re getting to, you know, divided news. News is, you know, all pay to play, right? So, you know, everyone’s getting different stories and they have just, they’re living in two different realities in, in, in the world. So when you’re in that, you do have more uncertainty. Yes. But at the end of the day, Venezuela and the United States are two different animals. I mean, Venezuela was taken over by socialism. You know, they have. Their economy is primarily in hydrocarbons and easily hijacked. It wasn’t, you know, the, the people didn’t have access to that.

The United States has vast resources. We’ve. We’re the reserve currency as long as we’re the reserve currency. I tell people all the time, as long as we’re the reserve currency, we can continue to mess up and, and just print more money. Right? That’s. But they’re trying to get rid of our reserve currency status. There are people actively trying to get rid of that because they think that, you know, Triffin’s Dilemma. If having the reserve currency puts us in a backseat in some ways, and so there are people actively involved with the Fed trying to get manufacturing back by getting us out of reserve currency status.

Never going to happen. As long as there’s no way. It’s our goal. It’s our, our golden egg, right? It’s, It’s. There’s no way. Who’s going to be the reserve. There’s going to be a basket. That’s not going to happen. Right. Because no one’s able to make a decision. Europe has nothing and you’re not going to trust the Chinese or the Russians. So at the end of the day, default wise, no matter how, you know, crummy the world is, in certain areas, the United States is still the oasis. And in my personal opinion is, is, will be the reserve status.

There’s no one else out there. Even if it resets, like we’ll reset the currency so that it’s healthy again, but yet we’ll remain, we’ll maintain the reserve currency status. I mean, is that what’s going to happen? I mean, yeah, it’s worst case scenario. It just, you know, you got, the debt just continues to balloon and it’s a huge drag on gdp. And there’s tax receipts, you know, that are there that the American people can always pay. They could print more money. They can inflate their way out of it. I mean, that’s what we did in 2008.

2000. Right. We inflated our way out of it. Yeah, but you can inflate only so much and then the currency goes to, you know, then it, it doesn’t have any value anymore. And then the poor get poorer because they aren’t. If you inflate away, the rich get wealthier and the poor get poorer. Correct. But it doesn’t mean that we’re going to lose the reserve status. And that’s the most important thing. And you continue exporting that inflation to the emerging markets. And unfortunately it’s not a very nice thing, but it is, it is the reality. It’s what we’re dealing with.

It’s why we’re in this situation where the poor are getting poured in, the middle class is being gutted. So, okay, what are you doing for the wealthy individuals? What are some of the tactics that people are going after now knowing that there’s so much uncertainty? Well, you know, it’s funny. So right now the market is in agreed phase, even though there is that fear of the uncertainty. You know, know, we’re in a, we’re in a bull market. The market’s at new highs. You know, every dip has been bought. You know, equity prices continue to go higher.

And the reality is you can really make a case both ways. If there’s inflation, you want to be in stocks because, you know the big companies are going to continue to increase their value. Right. If you’re in a, you know, in a deflationary, you know, we have inflation now, we Start to see things start to come down, the labor market, etc. Now the Fed has to cut rates and the Fed’s going to put, put, you know, liquidity into the system and put, you know, wind, wind in the sails. You know, that the main challenge that I see, Sarah, and I’m doing this for, like I said, 29 years.

And I always have in the back of my head, I tell people all the time I’m a depression baby. But if depression for what happened in 2000, because I started in the business in 96 and the only thing that I saw was a bull market till 2000. March 6, 2000 was the peak. Right. I still remember it. And you know, The NASDAQ dropped 78% in the next 18 months. And everybody was wiped out up. Right. Everything was just, you know, gone. And, you know, that’s my, that’s my fear right now with the market. Right. I want the market to actually.

Yeah, but that was based on, but that was based on BS, right? Because that was a.in the. Mark, you know, dot com. Yeah. And it was just a bunch of. And, and so, but that was a real thing. It just. They built up a bunch of BS and then the real stuff came after it. It. And so that correction needed to happen. It’s just. You got to cut your teeth in that. Yeah. But the difference is like, it’s the same bull markets and the markets still go boom and bust. Right. We had, you know, 2008, we had covet, etc.

But the, the point is when you see the overall market continue to expand like we are now, and then you see that it doesn’t matter what it is. It could be tulips, it could be bitcoin, it could be the, the equity markets. Historically, if we start going parabolic and things just start to go and all of a sudden you see like the nasdaq, you know, I’m just coming up with a number. Let’s say, you know, 10,000 over the next six months. You know, I’m sorry, the S P at 10,000 or something in the next six months or even 9,000 happened in such a short time frame.

You know, eventually you’re going to see, you know, if it goes up fast, it could easily come down fast. Right. So that, that’s what we’re kind of watching. You know, that’s what we’re, you know, we’re keeping, we’re keeping abreast of. But, you know, it’s, you know, right now it’s. With all the uncertainty with the job market Everything. It’s still bull markets climb the wall of worry and you know, we’re basically in a Goldilocks, you know, market right now. And that just shows higher prices. I think that, and tell me what you think. I think that we’re pointing to major correction and change in the system right before a huge technological revolutionary growth period.

Because just like we went through the industrial revolution and the information age, we’re getting into a pre, huge technical change, new science, new everything, where it’s going to be a boom like the world hasn’t seen, but we still have to clean ourselves up before we get to that point. Yeah, I mean, listen, it’s, for me it’s scary, right? Like I come to work every day, I’m like, am I going to still have a job? You know, am I still going to be needed? You know, in a couple years from now, computer is just going to take over.

Everything is. It’s just going to be some algorithm that you can just, just, you know, put your money in and, and, and just get what the S P does or whatever, you know. I don’t think so, but people still want that human touch, I hope. Well, I think there’s always going to be that high level strategic thing that you have to figure out, but that’s, that’s a small percentage of people. I think the average people are at risks of losing their jobs. Yeah, absolutely. I was watching this, I got an ad the other day on my, on my social media.

They want your house, they want, they want to work on your house for free. It’s a roofing company that could come there and it takes this like robot that just pulls your roof off and then relays. It’s like a machine that just lays like this material and then this other stuff on top of it and it’s like there’s no need for a worker. And then it shows, like inside the house is like a machine that comes and like you give it the, you know, you give it the, you know, the specs and all of a sudden this, this robot comes and just draws out the line where the sink goes, where this electric goes, where that goes.

And you’re watching all these contractors and they’re just looking this, they’re going to what are we here for? Oh my God. Yeah, expensive too, because now you gotta build the robots, but the robots can build the robots. I mean, I don’t know, I, I think we’re gonna learn some new creative things. It’s scary, but I always think humans have a way out of it as we Build and it won’t be quite what we think. I just don’t think we. It’ll be quite. But I do think there’s gonna be a period. What do you think of universal basic income? Might.

I’ve been so against universal basic income. Like, I’ve had arguments vehemently about it and now I’m starting to go, well, maybe for a short period of time while we figure some crap out, we might be forced to. I don’t know. Not a fan. You know, I’m not a fan either, but. Makes you lazy. You gotta go out. 100. You gotta go out and fight for what’s yours. 100. But what happens if people can’t feed themselves and starve and there’s no job? I mean, what are we. Will we be forced into that situation? I mean, there’s. That’s, you know, there’s always that, you know, that case that could be made.

You know, I don’t. I don’t know. I just. It’s so bad. I’m in the camp where if I’m the government and I’m giving you money, I’m giving money to people that are going to dig a hole and then I’m going to give money to the other people that are going to put the dirt back in the hole. If you have to just dig a hole and put the dirt back in to earn that. Oh, I get that. Yeah. There could be other things I love that we could do. We could put people to work. You don’t need to do universal basic income where they sit at home doing nothing.

You do it where you start helping. There’s community service. There’s ways to help people through their health situations. There’s so many things we could do. We could use that to improve our country in a massive way. Yeah, absolutely. And remember, look, just, you know, when you look back a little bit, let’s. Let’s just remember when the, when the tractor was invented, you know, farmers were like, oh, this is. That’s it. We’re no longer going to be needed. Where’s our mules? Where’s our, you know, there’s always the next. Yeah. You know, the next. And there’s more things to invent.

We’re going to be different. We’re going to be explorers. I think there’s so much happening that’s going to come and I. And it’s going to be different than what people think. But change is scary and brings fear. Exactly. Changes. What. That’s 100%. You just hit the nail on the head. You Know, and anything changes is the most scary thing in the world, right? It is only a small percentage of people that are really, you know, optimistic versus pessimistic in the first place. And then to be able to have the vision that things are going to be great, right? Most decisions that people make are because of fear, right? They stay in a marriage, they stay at a job, they stay in their house.

You know, they’re scared of that change, right? And then sometimes people make that change. It’s like, oh, my God, I wish I would have done that sooner. Right? So the same thing with this whole AI. I mean, I’m excited to see what’s going to happen from a medical standpoint. I’m excited to see, like, I’d like to see some real change in the country. I’d like to see, like, you know, we. You could go to a. You go to an ice cream parlor and get 31 flavors of ice cream. But, you know, our train system and subway system in New York hasn’t changed.

The air flight, air traffic hasn’t changed. It still takes seven hours to get to England, London. You know, I mean, it’s. There’s so many things that we could still use and grow in this country that hopefully AI really gets to push, do some real positive change. And the basic income and all those scary things, hopefully those just become like, ancillary challenges versus the real upside to what we’re going to have in the next five to 10 years. Well, I think the business community needs to lead with wisdom and the adults in the room need to come forward because the AI could be something that really hurts us, or it could be something that really helps us flourish in the medical community.

If it’s used to push like the COVID era BS where they forced bad science on us and told us to follow bad science because it’s the science, if that’s baked into AI, that’s. That’s pretty awful. Whereas if AI is actually used to look for every possible better way of doing things. Now we’re talking. Quick break from the program to share with you something amazing. This is called sloop. It’s actually Slupp 332, but it’s been shortened to Sloop. And this thing mimics exercise. It seems too good to be true. I first shared this on my sub stack and I had Dr.

Diane Kayser, and we went through all the benefits of this and the whole thing sold out. You can’t get it anywhere, really, across the industry. And the people who are using it the most are athletes and bodybuilders and people who want to see extra performance in athletics because this in preclinical studies with mice increased their endurance by 70% and their distance by 45%. I mean, it’s incredible. And it’s been shown to mimic exercise even when you’re at rest. In pre clinical studies with obese mice, they lost upwards of 12% of their body weight in four weeks and it increased muscle.

So this is really taking the industry by storm. It’s actually not that expensive either. With my 10% coupon, it’s about $80 for maybe a two month supply. If you take one capsule a day, if you decide to up it to two capsules a day because your dosage depends on what you want, then it’s a one month supply. But Dr. Diane recommends doing one capsule a day until your body gets used to it. You might not see the same level of results right away that the mice did, but your body can get used to it and see if it’s something that you really want to do.

If you are interested in this, I will have a link below so you can try it yourself or go to sarah wessel.com under shop. Remember to use the code Sarah to save 10%. Yeah, I mean, good luck with that because first of all, I could just show you right now, look at, at, look at all Zuckerberg and all the CEOs of the, of the major companies. They were all Democrats and then all of a sudden they were kissing the ring, changing everything when Trump was about to be anointed as the, as the new president. Right. And they all just changed like this because they know where their, where their bread is butted.

Right. And because they don’t care, they’re not Democrat or Republican there. The point is that you’re saying, you’re saying that, you know, hopefully that there’s some adults in the room, there are none. And they control everything. Right. And when it comes to the medicine part, yeah, I’m hoping, because the only thing that we have in medicine that cures is antibiotics, which you’ll never see a commercial for because you can’t take them for more than two weeks. Right. Every single drug that comes through this country, that comes through a pipeline is just to maintain. So every 30 days you got to continue to be at the doctor.

Right. So I’m hoping the AI thing, you know, you know, gets it to bypass and we get some cures in this country versus just, you know, how do we just, you know, continue to change that disposable razor theory every three days? And have us go to the doctor. Okay, well, a couple things that have happened lately in the headlines, and I want to know what your, what people are thinking. This just came out that the Bureau of Labor Statistics showing that from a year back, they’re readjusting at 900,000 jobs. And I think the important piece is to show, and I think the, this is why the Trump administration wants to show it, is that this, this very weak labor market was like this before I got into office.

And you’ve been lied to. That’s what I think they’re trying to do here. But the reality is they’re readjusting because we really do have a weak labor market. So how do you square that with a strong stock market but a weak labor market? Well, first of all, the 911,000 jobs that they revise as an annual thing, so no one really knows, like, okay, you could say that August things were starting to slow down. But it does go back the full year. Right. It’s just done as a year. The number was supposed to be as low as 600,000.

This is the window, 600 to a million. It came in 911. So it came in on the higher. It’s the biggest revision in history, etc. It’s awful, though. It’s. Yeah, it is awful. But it also gives Trump the ability to come out and say, see, I told you so. Jay Powell was too lazy, should have been cutting rates this whole time. And now it’s going to take us time. Don’t worry, we’re going to get things turned around now. Right? Yeah. He’s going to say, see, these guys were losers. And now this is what I inherited. And he’s going to have a point.

Point. He will have. He will have a point. And listen, the GDP did come in at what, 3.2 or 3.3 in the second quarter. So we did have a stronger GDP. And now that the Fed changed, the Fed was looking at inflation only. Right. Their mandate was to bring inflation down to 2%. Right. And they knew that they had to cut rates. All of a sudden, it’s like no one gives a damn about what the inflation number is anymore, even though they’re still watching cpi, PPI and all those things. Right, Right. But the reality is the Fed changed in their speech and that’s why the market took off.

When Jay Powell came out and said that they’re now focusing on the job market. Right. It’s all about what’s going on in the job market. They knew that these numbers were going to come out like this. Right. So this is giving them, you know, the green light. They’re going to cut rates in September. I think it’s next Wednesday the 17th. And you know, quarter basis point, they start easing over the next, you know, who knows, maybe the next year or two, you know, as long as the inflation doesn’t really start to creep up again. And it probably won’t if we have this weakening that we’re having.

You know, we’re going to be in an easing cycle for, you know, for an extended period of time. Well, okay, let’s talk about what you do for high wealth individuals. You actually invest before companies go to market and you get people in pre, pre ipo. Most people don’t have access to that. So how does that work? Well, that’s a good, that’s a good point that you bring out. We do, I do a lot of things. But yes, that’s one of the niche. We, we go out and for high net worth individuals and we’re able to, you know, find companies that, for me, I’m a late stage guy only focus on late stage vehicles, meaning things that are already, you know, you know, probably going to go forward and be a publicly traded company, you know, before the next, you know, three years or so.

It could be, could be three months. They’ve proven themselves, right. They’ve proven their cash flow, they’ve proven their management, they’re proven this is a good opportunity. But they’re pre ipo. Yeah, they’re pre IPO and it’s for high net worth. They’re reg D vehicles. They’re only for clients that have pre existing relationships at the firm. 30 days or greater. And then there’s different vehicles. Sometimes it’s 5 million net worth or higher, sometimes it’s 2.2. It depends on how the fund is structured. But yes, it is, it is a niche that the average person does not have access to.

Well, and what is the amount that you’re able to, what is, let’s say they’re worth 2.2 million. They’re 5 point million. 5 million net worth. Because that’s kind of, you’re obligated from a regulatory standpoint to only work with high net. They won’t let some people get involved in some of these, right? Correct. What is the minimum that somebody can invest? There’s a lot of people out there with that kind of network. Most my clients already fit that criteria. So qualified purchaser is somebody with a $5 million net worth or greater. So you can have, we can have an unlimited amount of it’s not just us.

This is just the industry. And in this industry, when you’re doing private deals like that, it’s a, you can have an unlimited amount of qualified purchases, which is 5 million of investable assets or greater, the lower band to that. It’s not accredited, but it’s usually what they call a qualified investor or a qualified client. That’s somebody with a $2.2 million net worth or greater. Right. What does that mean? So like your house, your investments, your, everything you own is too. Minus your house. Yeah, typically it’s, you know, minus your home, your net worth. And you know, they’re not small investments.

You know, most clients like that, maybe they’re doing fifty or a hundred thousand in those types of investments. It’s just. Okay, that’s what I’m looking for. You don’t want to be more than 10 of your, of your investable assets in any one vehicle. Like with that. So somebody might put 50 grand or 100 grand into a new IPO and then, but at the time that IPO goes, they skyrocket and then they drop. Right. So, but do they usually, based on your experience, let’s say you put 100,000 pre IPO, do they usually increase and not drop to the point where it’s below their initial.

You know, what is their usual gain in. That’s a really good question. And we’ve done so many deals and you know, legally, I can’t talk the exact numbers because. I know. But as an advisor. But I would tell you that the pre IPO historically is lower than the IPO price. Right. You’re buying it. You know, there’s some deals that we’ve got involved in that are, you know, four or five dollars a share that, you know, they were private for two, three, four years. And then ultimately when they, when they went IPO, they went IPO to $20 a share and then traded up to 50, $60 a share.

Now when you do it, you have to hold on for 180 days because you’re considered a, you’re, you know, when you’re doing private deals, you’re considered an insider because that’s where the shares are purchased. They’re purchased from, from the insiders. Right. So they might buy at 5, it climbs up to 50 and then it drops down to like 30, but you still get to sell it. 30. I mean, that’s a typical deal. Yeah, that’s the risk. Right? That’s the risk. But that’s still six times. I mean, that’s a Great return. Yeah, there’s been an and right now with, with what’s happening with AI and the data centers and you know, companies like, you know, Chachi PT, which is OpenAI or even SpaceX and Elon Musk.

A SpaceX. You know, you see something like that that’s still private. Early investors in that are up, you know, tenfold so far depending on obviously we got in but you know, we did a lot of the, a lot of big deals. I’ve been involved luckily with you know, Uber Lyft, Palantir, you know, Facebook was, was probably the first one that we did. And I mean I can list so many different companies that we do on the private side and it’s a great addition to, you know, the portfolios. I mean I’m a stock guy. I’m in front of this desk from 8 o’ clock in the morning, in front of my computers from 8 o’ clock in the morning till, you know, 6, 7 o’ clock at night every day.

And I’m not only working for clients, I trade on my own. So I’m constantly trading, I mean typically on a zoom. If you saw my computer, you think it’s like NASA, there’s like literally 18 of us in a box. Yeah, yeah. And it’s all lit up and there’s people from all over the, all the country that, you know, it’s our team and we’re, we’re trading and we’re, we’re getting first hand information and so do you ever do ever like Palantir? You brought up Palantir. It’s probably a great investment but right now it’s kind of like the evil incarnate in the independent media.

It’s speak. It is essentially government surveillance transferred to private and they’re one of many companies people but Palantir has become the, the face of that. I don’t know if they deserve to be the own, I don’t think they deserve to be the only face because there’s a lot of the companies that are involved in that and I’ve talked about it openly on people. But do you, do you ever get any kind of pushback from people on what companies you invest in based on whether you think it’s good for the country or not? Well, there’s certain things that, that I personally just won’t bring to clients.

Like you know, some of the sin stocks like nicotine, you know, like, you know, stuff like that that I just, I won’t bring around or like certain banks, I don’t want to call them Out. But certain banks that have done dirty business to people out there. And I’ll tell clients, I’m not buying you this stock. I won’t bring you these companies because they’ve ripped off the public, doing this, that and the other. But when it comes to, like a Palantir. No, I actually used that to my advantage because I remember talking to clients about Palantir and it’s like they didn’t know who it was because before they became public, you know, you’re calling clients like, have you heard of Palantir? No, I haven’t.

You’re explaining. You go, well, here’s the. You know, they help find Osama bin Laden. Put it this way. They’re doing what’s called AI, which you probably haven’t even heard of yet. And that AI, that computing that they do basically in, in, in a short time frame, Palantir is going to know what you’re going to have for lunch tomorrow before you even wake up. Yeah, and that’s what, that’s the scary part is, because Palantir is one of the faces of the surveillance state that. But it was all. And I’ve been trying to tell people this. It’s. It was all built by NSA and our intelligence agencies, and they’re just moving it.

It to private corporations, which are advancing. The tech is advancing every freaking year. And so they’re just advancing it like anybody else, and they’re now incorporating even more advanced AI, but it’s just moving from public to private and it’s legalizing it, essentially. I had Bill Binney, who was the former technical director of the nsa, on. He was Snowden’s advisor. Right. Mentor. And we talked about what, what Palantir really is. And I don’t think people quite understand it, but from an investment standpoint, from your standpoint, it probably was a hell of an investment and probably still is.

It was our biggest winner. Yeah, well, that’s. And. And it is what it is. But do you. You. You don’t like to go off after people who are openly scammers, but when it comes to stuff like this, it doesn’t. That you don’t. What are your views on that kind of stuff? You know, like surveillance tech? And you already told me you, you think they’re okay. Yeah. I mean, listen, you can’t fight the system in that sense. You know, if I look and I see Wells Fargo just set up 2,000 accounts of retail bank investors or bank clients and, you know, hit them with $75 charges and then got a, you know, Whatever billion dollar fine against them and, you know, created all this chaos.

You know, then I could say, I’m not buying Wells far. I wouldn’t give them the opportunity. I wouldn’t support them. Right. Or if people are dying from cancer, from smoking, I’m probably not going to get too excited about Philip Morris, all three, et cetera. Right. But when it comes to like, technology and stuff like that, you can’t change progress. Right? Those things are going to happen no matter what. And you can make a case that those things have been, you know, as, as scary and, you know, you know, what’s the word that I’m looking for? You know, where Big Brother is, kind of like keeping an eye on us and surveillance state.

Yeah, it’s the panic. Positive stuff too. You know, there’s positive protecting us also. I mean, there’s, there’s yin and yang there. You can make a case for it. You can make a case for it, but people have to start getting involved for it to be real and understand what that difference is. But I appreciate the conversation because I think people need to see, hear, see and hear different perspectives. But I do, I do think we need to wake up and, and understand those differences so we can maintain freedom. If you focus only on, like being the moral police on, you could go down a rabbit hole on everything, you know, and it’s just indecision at all.

And at the end of the day, it’s like, you know, you really have no choice, so you really have to pick where your level is and pick your poison. You know, there are people that are just, you know, they’re dead set on trying to be, you know, those social justice warriors and just trying to find mistakes and fault and point fingers at everybody else, and they just can’t get out of their own way. And those are usually losers and they don’t really progress in the world. So I try not to focus too much on that. So where.

That’s, that’s a fair point. So where, what are you advising people to do now with so much uncertainty? Where do you stand on gold, on crypto and on stocks? You know, that’s a great question. So right now, gold is doing fantastic, right? If you’re in an easing policy, typically, you know, gold is where you want to be. You know, they’re printing more, you know, they’re, they’re debasing the currency. It’s typically good for gold. When it comes to the crypto, I’m in the crypto game very lightly. I always tread light on it because, you know, There is no, I don’t want to say legitimacy behind it because obviously now you’ve got all the major banks that are involved, and the SEC is allowing all these things to be considered as securities now.

But at the end of the day, you tell me, if going to buy something at the store, you could still use a bitcoin or you could go, you know, use some of these cryptocurrencies that are out there. So at the end of the day, you know, there’s really no tang tangible asset behind it. There’s, you know, yeah, you could say bitcoin has been, you know, the best because you can’t produce more of them. Basically, like 98% of all bitcoins have already been mined or whatever the number is. It’s high and you can’t add any to the circulation.

That’s what’s been can, you know, help pushing the. The price higher. But when it comes to all the other things, you know. You know, I had a friend of mine, actually a cousin that told me to buy this cryptocurrency, right? And I’m like, all right, whatever. It’s like two and a half cents. So I’m sitting here on the computer. It took me like half of my Friday figuring out how to get it. I had to look it up. Then I gotta buy it. I have to transfer dollars to Coinbase to another wallet. Get these 10 words.

Save the 10 words. Don’t anybody see it. If you lose it, you lose everything. And then I had to move it to. From dollars to ether to make the purchase and then bring it back to my Coinbase account. Like, who’s doing that? Like who? How is that more simple? How is that something that we all want to get, but from a perspective that all money is digital anyways? And then we need. We get into a more secure digital environment with blockchain and other kind of data structures. And then we also get to the point where they can track all transactions and all did and all assets.

Based on that, you can see kind of where the world would go in that direction. But you’re right, I mean, there’s a. Another practical sense of questioning some of this stuff. But I do see how it can. Digital money can move in that direction. Sarah, let me flip it to you. If a year from now, bitcoin was at 10,000 or 5,000, how many. If I was in there and lost my. I’m saying, like, how many people be like, yeah, of course we knew that it was wor. It was. Of course that was going to Happen, you know, we, in hindsight everyone be like, yeah, of course it was extremely risky but I do think it’s a digital asset.

I think everything money is digital. The majority of money is digital now. And so they’re trying to come up with a more safer, secure, faster way of transferring money. And crypto potentially could be it’ll be something like that. I mean whether it’s crypto or just digital money or whatever the heck they call it, it’s moving in that direction because it has to. That’s progress. That’s digital money being more secure and then tracking everything because they need they can. So they will. Right. And it’s funny because people say like, you know, they don’t want to be. It’s decentralized and I’m not part of, you know, the US dollar but you have to turn US dollars into your crypto.

Show your driver’s license, put on your tax return. If you cash it out, you have to do the same thing. So you’re even more watched and more tracked. So that’s that, that’s the irony of thing which I get a kick out of but and I’m not anti crypto, I own some crypto. I’m just saying at the end of the day, you know, it’s you, you really can only just go with the herd versus really making a case of saying the average person going and maybe it does in the future, the average person going to make a transaction on a coinbase or trying to take a bitcoin to go buy a bagel tomorrow, it’s just not, I just don’t see it there yet.

Will it possibly. Probably. I mean it probably will. It’s digital currency and I think we’re moving that direction. But what you do for high net individuals pre IPO stuff really is where all the sweet spot is, isn’t it? I mean for that kind of investment. Yeah, that’s the sweet spot when it comes to taking advantage of the real hyper growth that’s out there, you know, is, is being able to get involved in that but there’s just so many other ways and you know, the market itself, you know, defined benefit plans and profit sharing plans and there’s index universal life, there’s so many different like insurance vehicles that are out there that the average person just doesn’t understand and they can take advantage of it too.

Right? Yeah, yeah. It’s all about creating tax free revenue in the future and yeah. And for me, and I’m, you know, I’m not trying to sell anything or you Know, do that. But like Index Universal Life has been a spectacular vehicle for clients. You get that compounded growth and you could do it on. I have, I have people that, you know that are setting up for retirement and we also do it for, you know, someone that has a new baby. Instead of putting money in a 529 plan, you know, or if grandparents want to put money towards their kids, they could set up these, these, these life policies that grow and come out tax free in, in the future.

And you have somebody that’s, you know, new, newly born. The insurance part of. Is almost nothing. It’s just tax free and gets to grow for the next whatever 60 years. That compounded interest is something that’s real special. And then can you take it out tax free as well? Yeah, comes out tax free. Never get a K1, never get a 1099. It’s way better than an IRA or any of these other investment vehicles that the government sponsors because you don’t have to pay taxes on it. You don’t have to pay. Yeah. Like a regular qualified plan, as you know, is grows tax deferred, which is still wonderful, but it’s not as good as, as tax free.

I have my kids and whole life plans. I got them in when they were like 12 and 13. 12 and no, my daughter was 11 and I think my son was 15. I would have done it sooner if I was smarter, but I did it. They’re older now, they’re, they’re in their 20s now. But yeah, because it also teaches financial literacy. That’s what I tell clients. I mean, this is a way, if you could bring your children into the fold on financial literacy, which I’m, which I’m big on. Right. They just don’t, they don’t teach that in school.

And people don’t understand like this country is set up for. There’s the have and have nots and certain things as we discussed earlier. But this world is really set up. The United States is set up for, you know, in my opinion, it’s for 1099, not W2S. Take advantage of all the tax codes and the real growth. And that’s how wealth is really created. And I think purposely most of the country is kept in the dark on purpose. So they just don’t have the ability to. Because the less people that know, the more opportunity it is for the people that do, which is sad.

And. But what do you think of generational wealth? I, I’ve been talking to my kids lately about, over the last few years about let’s focus on generational wealth. So we build it so that we can focus, because sometimes wealth takes time. So let’s look at generational wealth that we can forward for your kids. Correct? Yeah. See, with generational wealth, in, in my, in my humble opinion, is. Is something that you want to have structured and set up, up and. But you want to have it built on a slow and steady basis, you know, not being over aggressive.

I know some people, they come in, and especially now with crypto and everything, you know, everybody’s looking for that, you know, you know, hundred to one return and become like, you know, this big Instagram influencer, you know, overnight and multi millionaire. Easy come, easy go. Most of the time. Right. It’s about having that, you know, that slow and steady wheel that starts small and then gets bigger and bigger and bigger. And like Albert Einstein said, compounding interest. That’s right. Most powerful. Well, okay, so if people are wanting your advice, where do they go? You can go to my website, WorldWideWG.com as in WG, as in wealth group.

You can also see me on LinkedIn, Christopher Russo. Russo and yeah, those are the two best. Thank you so much for joining the program today. I really appreciate it. Awesome. I had a great time.
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