WARNING The Next Market Crash Could Be Brutal

0:00This is an iHeart Podcast. Guaranteed Human Earners, what's up? Look, building wealth isn't just about making money. It's about knowing where your money is working for you. That's why we partnered with Empower. Empower is all about helping you invest well so you can go out and live a little. Their free Empower personal dashboard gives you a complete view of your financial life in one place. Track your net worth, monitor your budget, analyze your investments, set retirement goals, and more. You've worked hard for your money. Now make sure it's working hard for you. Download the Empower personal dashboard or visit Empower.com.

0:37Not an Empower client paid or sponsored.

1:11When traveling for events or festivals throughout the country, every dollar matters. We compare flights, prices, hotel rates, and restaurant options. So why wouldn't we compare rides? Personally, I always check lift before booking a ride. Prices can change throughout the day depending on traffic, weather, and what's happening in the city. If you're headed to a concert, out to dinner, or catching up with your friends on a Friday night, taking a few seconds to check lift could leave you with more money to enjoy the experience. Save money. Check lift. As a listener, you're looking for ways to help teams move faster, make sharper decisions, and turn scattered context into work they can use.

1:50ChatGPT for Business can help. Chat GPT for Business gives teams a shared workspace with admin controls, permissions, and access to work and codecs in Chat GPT. This means your business can move from question to answer and code to rollout quicker. Join over 10 million business and enterprise users worldwide already using Chat GPT for Work. Download the Chat GPT desktop app or contact sales to learn more. Earners, what's up? Look, on Earn Your Leisure, we're all about smart money moves. And here's one that most people skip. Car insurance renews on autopilot, the rates creep up, and nobody tells you.

2:25That's what Insurify fixes. In about two minutes, completely free, you can see rates from more than 120 top insurance companies. And if there's nothing better today, they keep watching and notify you when there's a better rate. So go to Insurify.com. That's I-N-S-U-R-I-F-Y.com. Insurify.com. I don't think anybody is talking about how low the VIX got. Um, and not only my levels that I'm always looking at is between the number 11 and 15. Whenever we get to those levels, like historically, if we just go back, let's say three or four years, the last time we got to 1525, a few months later, we shot up to 27 and 2025.

3:1525, we touched 16. And then a few months later, we got to 30. A couple days ago, we got to 15. We're currently at 17. Normally, that's when you get that little knot in your stomach like, okay, I've seen this happen enough. I don't know what's going to cause it, but I don't hear enough people talking about, and the bond market could be the thing that causes it. I think that's why they're trying to get in front of it. but I could see us go from 15 to 27 over a three or four month period, which I prefer not to happen in the fall. That's why for me, if I'm going to have a storm, let the hurricanes and all that stuff happen and not to be remiss for what's happening to Gary.

4:00I want to be insensitive, but I want my, my, my issues to happen in the summertime. So when the fall comes, everyone's in a buying mood. if we hit 27 or 30 or 30.2 on the VIX in November and December. No, we can't do that. No, we can't do that. Because it's going to bleed into January. And now all the real think pieces about 27 are going to come to light. But I don't want that. We cannot be in those volatile situations in November and December. That is the biggest quote. I mean, for our tech companies, for sure. The Apple, Amazon, the Microsofts of the world. But yeah, 2025 is when I'm like, all right, seatbelts on in the VIX.

4:43And I've seen that happen over the past, since 2020, so six years. We've gotten into those mid-20s in September and October. And so we're kind of gearing up for that. But again, history, I think it's rewriting itself now. We can see what happens. Rewriting is the code word for manipulation.

5:07why can't we just be clean for two seconds i'm sorry it's me it's me and rashad they go they go you know what y 'all think pieces me and rashad are the trouble that's true

5:20but it may be different but if they rewrite it when it does okay like when i was little right yeah i would prefer for my mom to spank me than her to call my dad to get the spanking because it's going to be worse. So if we delay this, if we have no midterm drop, no summer drop, no drop in a fall, the one that happens in February. Now, if we have a drop when all the new hedge fund money is slushing in for that February or March period, it's going to be hell on earth. It's going to be. It's going to be. At some point, at some point, the roller coaster has to come down, right? and

6:06usually the party which we call it in the words of Michael Novogratz, you gotta know when to leave the party or at least step on the sideline for the party and we don't know when the party is meaning that there's going to be a deep correction we haven't seen it yet, all signs are pointing at it, I know 8 ,000 becomes the number that everybody's watching for the S &P so alright, do we get there first or do we climb back down to 7 ,300 I think we'll hit eight first and then we'll let some of the air out of the balloon because if you're raising capital, even with Bitcoin going up, sailor position is now back positive.

6:42Yep. There are some engineering and games that they're playing. So we'll get closer to 8 ,000 and then after the funds have been brought in and they've settled in accounts, okay, they'll let the market fall apart slowly. We're going to need that capital for OpenAI. We're going to need the capital for Anthropik. we still got some big earnings. Obviously, we talked about NVIDIA, but Broadcom's coming up at the top of September. Mike Cron will come back around mid-September. Reportedly, Anderil is moving up their date. Everyone's moving their date up so they don't get washed out in 27. You don't want to be caught how Stripe was in 2022 and miss your moment.

7:22Man, Stripe. Man. That was the one that was the highest valuation. And, yeah, that won't be a distinction that they will have for sure. Shout out to Stripe. I love you from the bottom. Sponsored by. Fueled by Stripe. Love you dearly. I never know any issues with Stripe. We don't need any 90-day remittances. We appreciate you. All right. What is the biggest mistake you see in investing right now? I got one that is good. I feel like we're going to be on the same page. I think we're going to be on the same page. And I don't know how to express it. So I'm going to say it flat out. Too many of you want to be traders because you have no excitement in your life for something that brings you joy, opposed to just holding for long-term and actually getting rich from holding the assets long-term.

8:21Okay. For everyone who says, well, how do I get the capital? I don't make OnlyFans. I don't know. but for the first two years of your trading journey it's going to be really hard if this gets clipped up on my page for all you traders you'd be like yo when you don't even do listen i'm telling you i've been trading futures since 2015 earners what's up look on earning leisure we're all about smart money moves and here's one that most people skip car insurance renews on autopilot the rates creep up and nobody tells you that's what insurer 5 fixes in about two minutes completely free, you can see rates from more than 120 top insurance companies.

8:57And if there's nothing better today, they keep watching and notify you when there's a better rate. So go to Insurify.com. That's I-N-S-U-R-I-F-Y.com. Insurify.com. Quick one before you jump back in. You're listening for ways to help teams move faster, make sharper decisions, and turn scattered context into

9:45We talk a lot about ownership. and one of the most important assets you can own is your digital real estate. Too many entrepreneurs rely on social media platforms they don't control. Your website should be the center of your business. Framer helps you build a professional website without all the friction. It's more than a website builder. It's a complete website platform. Your entire team can collaborate in real time, make changes instantly, and publish updates in minutes instead of days. Framer's AI agents work alongside your team to create content, refine pages, manage your CMS, and optimize your SEO all in one place.

10:21And because everything stays editable on the same canvas, you maintain complete control over what goes live. That's why everyone from startups to Fortune 500 companies and brands like Perplexity and Miro trust Framer to power their websites. Learn how you can get more out of your site from Framer specialists or get started building for free at framer.com.earn for 30 % off a Framer Pro annual plan. That's Framer.com slash earn for 30 % off. Framer.com slash earn. Rules and restrictions may apply. Earners, what's up? Look, you may have heard about Built as the loyalty program that lets you earn points on rent wherever you live.

10:58Well, they just leveled up even more. As of 2026, homeowners can also earn up to 1.25x points on their mortgage payments. This is thanks to Built's three new credit cards, the Palladium Card, Obsidian Card, and Blue Card. All three turn your housing payments, rent, or mortgage into flexible rewards. So you can choose the card that fits your lifestyle without missing out on points and exclusive benefits. Build points can be redeemed at top airlines and hotels, Amazon.com purchases, future rent payments, and more. Build points have also been ranked by top publications as the industry's most valuable point currency.

11:36Your housing payment is already your biggest expense. Make it your most rewarding. Find the card that fits your lifestyle and apply today at joinbuilt.com slash leisure. That's J-O-I-N-B-I-L-T dot com slash leisure. Make sure you use our URL so they know we sent you. Terms and limitations apply. Subject to approval and eligibility. Built cards are issued by Column N.A., member FDIC, pursuant to license from MasterCard International Incorporated. They don't realize smart people use smartphones, huh? seeing through BS they thought was going to slide. Download TexNow because it cuts out clownery.

12:15You can literally activate it from your couch. Nationwide 5G with the same towers the other companies use. Pay what you want or not at all. You're in control. Show these ridiculous carriers we ain't paying for stupid because we're way too smart to pay dumb. Free app-based talk and text via the TexNow app requires Wi-Fi or data connection. Data plans sold separately. 5G where available. The number of people I know who quit before you get good at year three or year four is probably 85%. The best trading money and easiest trading money you'll ever make is holding the equity long term. And putting the trading first over, like even when I reviewed portfolios in Stock Club, it was a bunch of people who sent me the options and future portfolio first.

13:01I'm like, that's not the long term portfolio. It's not. yeah i'm gonna read what i wrote i'm gonna read what i wrote down because i figure i'm like yo we're gonna be on the same page i put panic buying okay most people think about panic selling yes oh my gosh i it's gonna i'm gonna lose all of it especially like a space yeah this is what i tell us more too many people are chasing ai winners based on headlines and past performance without calculation of the valuation, position size, or what the future growth has already priced in. That is what I wrote down. And what does that mean? We're watching this happen in real time, whether it be in memory, whether it be in energy.

13:48People are saying to myself, oh, my gosh, I watched that person win. I can win, too. I want to be in. So here is the last sentence, though. you don't lose money because you missed the first move you lose money when forces you to abandon your discipline it's a key point it's so important you don't lose so if you let's say that hey you something go up 10 15 20 percent you weren't in the position you're not losing so what yeah so what right but if it's a strong company that you're going to invest in long term you have a foundation then you build on foundation, discipline to what your plan is, right?

14:32Like you only lose when you're saying, I don't want to miss out and you forget your plan. You throw it out the window. You lose your discipline. Once you lose that, then you lose money. You know, who's a prime example of that? Eli Lilly. As soon as the AI trade got hot, you know, who didn't go out to buy GPUs and make a AI doctor? Lilly. They stay focused. They said, let me go get this peptide market. I see y 'all getting hot in the gray market Let me acquire everything that I need there in China And they focus on their core competency And all the gains have come from that Who did they partner with?

15:05Hefe We're talking about Healthcare tech Go look at their partnership with NVIDIA We were there when they got announced You don't have to deviate far from the plan And just chasing trades I know you brought up light last week I brought up EV people start yo what's the price for eevee if you haven't gotten voo or vti vgt eevee should not be your first piece of exposure to a fucking etf i'm sorry no right so i i'm glad you brought that point up because there are a lot of people oh my gosh it's back to his original price yes there are people watching this show for eight years seven years so for for market mondays they have built a foundation and they're adding to that foundation and we're giving them some ideas There's things that they can look at to increase the portfolio.

15:52But it's a foundation. And then there's some people who are new to Market Mondays who might have been watching this for the past six months. So don't forget the core pieces. Like, build the foundations first. First. Have some strong indexes. Have some strong ETFs. Look at the future growth of the companies inside of that ETF before you decide. It's just not, hey, let me just go out there and buy it. No. Make sure that your portfolio is sufficient With an actual plan You know Ian's plan, two tech, two index That has not changed in seven years Probably 15 years And it's not going to change I told you, look, I'm going to build my table It's going to be two indexes and two ETFs And I'm going to build on top of that table with individual equities Then we're going to try to get some derivatives On top of it What's your plan?

16:39Listen to me, that should be the plan And if so, buying EUV first is like hanging a chandelier and you have no drywall in the house. That's the last thing you need right now, my brother. Get the foundation. But, and also too, the other part, I know as a trader, it feels backwards to tell you not to trade first, but the opportunity costs in losing out on four, like the one thing I will say, this is my thoughts, my thoughts only, not Troy, not Rashad, this Red Panda LLC Rebellion. Everybody who critiqued me, you also see they don't have as many shares as I do. that the net worth number is not matching in alignment.

17:16So you have to be mindful of where you get your advice from, right? I'm telling you this as a person who has watched a bunch of traders say, I can out-trade any long-term gains. You can't beat father time. You cannot beat father time. So you can try and trade your way, but you're going to have a down day or the internet connection goes down, whether you're wired or wireless or the broker is screw you, or for those of you using prop funds, your prop firm goes out of business or they fuck over your payout or they start trading again. There's a bunch of things that can go wrong. A lot of things go right when you have time on your side.

17:54But do what you want. You're not going to be time. This is why I said it's the most valuable asset. It should be in part of your investment plan for sure. Whether it's going to be 15, 20 years or it's going to be two and a half years if you're in a call. Why? Because it's the one thing that we cannot control and we can't get back. If you learn from Leopold, time is the most valuable asset. Once they got his portfolio, once they got it, you know how disrespectful they were with it?

18:25We're going to let it run up a little bit. We're going to sell off 80 % of it now that that's in a profit and we're going to keep that 20%. I have strong suspicion that part of that 20 % is Micron. Send this. Absolutely. And maybe Nibius. Yeah. That was his largest position. Ernest, what's up? Look, building wealth isn't just about making money. It's about knowing where your money is working for you. That's why we partnered with Empower. Empower is all about helping you invest well so you can go out and live a little. Their free Empower personal dashboard gives you a complete view of your financial life in one place.

19:02Track your net worth, monitor your budget, analyze your investments, set retirement goals, and more. You worked hard for your money. Now make sure it's working hard for you. Download the Empower personal dashboard or visit Empower.com. Not an Empower client paid or sponsored. Before you sign off, you tuned in for ways to help teams move faster, make sharper decisions, and turn scattered context into work they can use. ChatGPT for Business can help. ChatGPT for business gives teams a shared workspace with admin controls, permissions, and access to work and codecs in ChatGPT. This means your business can move from question to answer and code to rollout quicker.

19:45Join over 10 million business and enterprise users worldwide already using ChatGPT for work. Download the ChatGPT desktop app or contact sales to learn more. Earners, what's up? Look, on Earn Your Leisure, we're all about smart money moves. Here's one most people skip, and it starts with Insurify. Most of us never shop our car insurance. The policy renews every year, the rate creeps up a little at a time, and nobody calls you to tell you. You stay with the same company because it's easy, and that convenience costs you real money. That's what Insurify fixes. Real quotes from more than 120 top insurance companies side by side.

20:22About two minutes, free, no phone calls, no pressure. And if there's nothing better for you right now, Insurify keeps watching and tells you when that changes so you're never stuck overpaying. Millions of people have used Insurify to shop for their car insurance. So insure with Insurify. Go to Insurify.com. That's I-N-S-U-R-I-F-Y dot com. Insurify.com. When traveling for events or festivals throughout the country, every dollar matters. We compare flights, prices, hotel rates, and restaurant options. so why wouldn't we compare rides personally i always check lift before booking a ride prices can change throughout the day depending on traffic weather and what's happening in the city if you're headed to a concert out to dinner or catching up with your friends on a friday night taking a few seconds to check lift could leave you with more money to enjoy the experience save money check lift you already know how ai is changing how everyday work gets done how much ground you can cover and how fast a team can scale.

21:23To stay ahead, you need the tools that give you a competitive advantage built for this new era. Welcome to Agentic Revenue. Adio is the CRM for this world. It meets you where you work, compounds every customer signal into context, then acts on it across your pipeline to let you move it on match speed and scale. With agents and automations for every job in revenue, Adio orchestrates your work around the clock. Built to handle the scale of your workloads, extensible with API and MCP, and with the infrastructure to keep up with your most ambitious agents. Loved by high-growth startups like Granola, Modal, and Edged, Adio runs the work behind every win.

21:59That's Adio, the agentic CRM, the intelligent system that never sleeps. Picks up leads at 2 a.m., catches renewals before they slip, hands you the answer before you ask. Try Adio free at adio.com slash iHeart. That's adio.com slash iHeart.

22:18This is an iHeart podcast. Guaranteed human.