Double the information presented in this material was gathered from sources believed to be reliable however its accuracy cannot be guaranteed no client or prospective client should assume that the information contained here and or any component thereof serves as the receipt of or a substitute for personalized advice from a catalog or of its investment advisor Representatives affiliates or any other investment professional bricklayer as a registered Representative up and offer securities their Luci as security what's even better than a smartphone a smart play your favorite radio station so like this one guy collects away from there whether you have an i Phone Blackberry or Android just go to your devices at school and search for. Download our free for your devices App Store today it's habit forming and. Katie Kelley Howell tells San Jose San Francisco the Bay Area's business leader surfaces. From the bondsman's News Network Wall Street struggling again today amid the ongoing financial turmoil in Turkey the Dow down about 100 points shares and drug giant bear down 30 percent for a California jury's verdict Friday against Monsanto now part of bear in a lawsuit over whether exposure to 2 a bit we killers cause cancer some over drivers are taking passengers I'm a long way home it's a new twist on the old Broncos where taxi cab drivers take advantage of out of towners by taking them on an unnecessarily long route but with ride sharing companies those companies are responsible for putting the bill long alling as it's called is among the tactics used by some uber and lip drivers to maximize their take passengers aren't on the hope for the higher fare because they pay a fixed upfront price based on the app as the mind of the ideal group the drivers pay is determined by the actual trips mileage what the box measurements report I'm paddle Neil. That old expression has never been on our new Focus Financial dot com website. The longest stock market bull run in history has been fueled by easy credit that is now tightening just like the dot com and housing bubbles of 200-2008 the current everything bubble is ready to burst don't get caught in the aftermath again in preparation for the coming collapse retirement expert Adam Urana has just released a new book called Gold is a better way and other wealth building secrets Wall Street doesn't want you to know see why thousands of books have already been shipped and why it's been listed as a number one new arrival in its category on Amazon for weeks to order your copy of the goal is a better way book and receive access to the number one gold education number platform in the world Tex that word gold to 49776 gold is a better way reveals the insider information Wall Street doesn't want you to know that could save your retirement just text gold to bore 9776 text the word gold to bore 9776 now to reserve your book and free access to the gold is a better way platform it's time for return to wisdom Join the movement. Sponsored by online trading Academy Today show is provided for entertainment and general information purposes opinions expressed are those of the presenter only we make no promises or guarantees of investment performance online trading Academy is not a broker dealer a certified financial planner or registered investment advisor enjoy the show. Welcome. Your 1st time listener that we are pleased to be cheap money was rank OK We're excited to have you with us today joining me as always my great friend director of instructor development and common stock or at on line trading get me it's easy for me to say he is the brains of the operation but it is the one the only Larry Jacobs and Larry how on earth you doing great right another great week here we are just getting ready to kind of launch the show and Larry and I always get a kick out of this we have a lot of fun doing the show but it's also the fastest hour of the week it goes by so fast by the end of it we're both going to go I can't leave this hour is already over so stick with us though we've got a great show and one of my favorite parts about this show is we talk about we talk about generating more income this this is an income hour right this is just an hour of how to generate more income and when you look at the financial markets they have multiple directions and that's one of the things where we say you know this conversation has to go in multiple directions because the market goes in multiple directions you know the markets go up down and there's also kind of a stagnant or a non-directional market a sideways market some people call it and have a consistent inflow of money to have consistent income inside of the financial markets we've got to have a strategy that's going to generate money regardless of where the market goes and that's one of the key things I love spending a lot of time on with Larry in this hour is really going through that 3 part conversation how can we generate more income when the markets are going up right when the markets are going up are buy and hold is doing OK How could it do better right how could it do better how could we make more money and then also when the market's going down rather than giving those returns back you let's also be generating money as the market is going down and we start having some of that choppy market their strategies for that too the 1st thing before we can have the income is we've got understand how to do it and we're going to be talking about some of that stuff here today up down or sideways let. Generate more income in the market now Larry what are some of the things I guess right now are or are without because we're in a fairly turbulent market you know we we have a tweet here to tweet there are a tariff here and tariff there and all the sudden we've got to get a 2.2 or 3 percent you know change in one single day so what are some of the things that you and your instructor team are really working on with online trade he had to be students to really help them generate that income whether the markets are going up down or sideways great question right you know one of the things we talk about consistently is time you know one of the things that we just can't get back is time and most students that come into the cademy that we deal with are really nervous what's going on at the markets right now I mean we're all time highs on certain indexes but if you look at the spire right now are kind of kissing back up to a level there and we're seeing some prices going higher but the bigger question is what's continuing to inflate these prices we know it's not earnings because the earnings themselves have been you know non-sustainable for a couple of years right now so at some point what their biggest question is what do we do when the market turns around and one of the things we talk about because there's just not a lot of time to really focus on this and more and more people are not paying attention to we are due for a major correction about every 10 years to sickly we see the market go down we are now in that 10 year period right now and most students have no clue as the most of our listeners what to do if all the sudden the market was to go down again and we're not talking a simple correction like 10 percent we're talking about what if there's a nother catastrophic 60 percent or more correction in the marketplace I mean the last 2 we had in 2000 was 50 percent 2008 was 58 percent what's to say we don't see a 65 percent correction this time around we've got higher than we had before and a lot of students are coming in to say how can I protect this harder and wealth that I spent so much time accumulating you know how can we protect it and also how can we generate income you know one of the one of the things I love about doing the have to classes when I get invited to teach one of them is really focusing a lot of time on getting the class to be able to recognize number one recognize the downturn in the market and then also number 2 have a strong. Gee that's going to generate income while the markets are going down so we can protect our gains when we're at these highs but also generate money as the markets are going lower when you look at when you look at the professionals out there you take like J.P. Morgan Chase you know they're reporting in some cases they're reporting only 9 losing days over a 5 year period of time you know that starts to be very evident that the pros are making money no matter what direction the markets are going because the markets go down more than $9.00 days every 5 years right so they're making money whether the markets are going up down or sideways and that is one of those big keys is protected up at the top but it starts to come down I would say this is not a roller coaster we don't have to write it down just to write it back up we can actually get into some of those bearish positions and profit on the way down generate income as the market is falling so that we don't take that step back inside our portfolios but one of the things that we can do to help a few people get started if you're up for it Larry is we can do a giveaway and invite a few people out to one of our HAVE TO CLASS you know let's get some people educated right now we've got to have to a class coming up in your area and they have to take classes where you'll see exactly what it takes to really generate income whether the markets are going up down or whether the market's going sideways now have to class is really about 3 hours long you know I always say you can invest you can spend 3 hours of your time right golfing or spend 3 hours of your time at a movie spend 3 hours of your time on social media or you can invest 3 hours of your time and actually raise that financial I.Q. You know whenever you want to better return or just a return right you have got to make that investment up front so invest 3 hours of your time raise that financial I.Q. And get better dividends get better rate of return out of that portfolio in just a 2nd you're going to have a chance to win a set of passes to one of these half day classes so get your phones ready and if you're driving now is a great time to pull over included with your passes will be our professional insider's kit now that's packed with lessons from some of our top instructors lessons on topics like enhancing your retirement strategy how to make money when the market goes down income generation capital preservation crypto currencies and much much more the professional insider kit makes it so you can get started right now because 10 through 20 we need to call now and reserve those seats the number is 877-338-8723 that's 87. 73388723 if you want to be callers 9 or 21 sorry about that hit us up at 3 a class dot com and see if you can score some passes there Larry right now with our markets there is there is a lot going on and when we're talking about you know you're leading into kind of protecting money up at the up at these high prices that we're experiencing and we start talking about generating a little more income as the markets are going down what are some of the key things that you like to have our students and even the instructors love to focus on in these market conditions so how to make money when the markets go down I mean that's what we're really focusing on right now in fact it is right now that I've been waiting almost 8 years for this opportunity most people out there and rightfully so are nervous at this idea that there could be a correction what if you could learn that that nervousness can be flipped around into happiness because you learn a skill that allows you to make money when the markets go down if you think about it these big banks and institutions are always the ones selling to us when we're looking to buy in the marketplace so people ask me all the time is this legal Can I really make money when the market goes down well here my answer is number one the markets go down 3 times faster than they go up so you can make a lot of money to the downside and to is it legal and absolutely I mean it's no different than if you all the sudden decided to get a mortgage you're going to borrow money from a bank pay a little interest while you're waiting to pay that money back same thing happens when you're shorting the market you can borrow shares from a broker provided you have the right account that you talk to your broker about and then ultimately if you believe there's a high probability the markets are going to go down you buy back those shares at a lower cost you return it to the broker with a little bit of interest but the end of the day what most in people don't understand when it comes to trading there's 2 sides to the equation we've all learned that we make money when the markets go up but yet we've been never taught the 2nd part of the equation where it's more than OK to make money when the markets go down and that's we're focusing on right now with our students because as you mentioned time we said it's over and over again Ryan do you have the time right now to lose a nother portion of your hard earned money where it could take you years and years again just. Breakeven we saw this in 2000 it took 5 years to break even again we saw this in 2008 took 5 years to break even this one could be worse because we're dropping off the cliff from a much higher point than we did both in 200-2008 yeah with these record highs you know you look at it and when you're when you're looking at your individual accounts and you see the market's at record highs you know our individual accounts should be at record highs as well literally every single person who has a dollar in the market should be wealthier than they've ever been in their entire life and so when we're sitting in those situations that actually lends us to the fact that we would have more risk than we've ever had in our entire life now 100 percent losses a 100 percent loss or a 50 percent loss is a 50 percent loss no matter how big the account is but when you had a $50000.00 count and now it's a $150000.00 account to lose 5050 percent of that is $75000.00 where to lose 50 percent of the $50000.00 is only $25000.00 so even though the percent stay the same that a life impact to the drop in the market can have from this high of a price can just be very devastating because it can take out depending on how big your account is it could take out 3456 years of living income that retirement income that's really that's really set aside for us to be living off of later and the thing I always the thing I always stress with my new students is is you know money can come back right money can come back we go and if we lost a little bit of money we can work we get it back the problem is we lose all of the time the time you never get back all of us are on a clock it's again it's counting down we just don't get to see it we don't know when we're going to hit 4 zeroes on our life clock but every day we get closer to that point so every day we actually have less opportunity to recruit and grow if we do sustain substantial losses so it's very important that rather than rather than taking those big losses and just riding the roller coaster down in the right writing a back up that we look at these markets as down operate as opportunities as the markets are going down to generate more income income on the way up income on the way down don't have your portfolio get laid off just because the markets are going down right now with a half day class coming up and you're. You have to classes where you see exactly what it takes really generate that income whether it's for today or for retirement in an up down or even sideways market in just a 2nd you're going to chance to win a set of passes to one of these have to classes to get ready and if you're driving now's a good time to pull over now they have take classes about 3 hours long so the investment on your side of this if you are if you end up being collars 10 through 20 the investor on your side of this is 3 hours worth of your time to come in and see exactly what it takes to be able to generate that consistent income inside of the market now include with your pass is going to be a professional insider's kit now this kit is packed with lessons from some of our top instructors lessons on topics like enhancing your retirement strategy how to make money when the market goes down income generation crypto currencies and much much more professional insider get makes it so you can get started right now because 10 through 20 we need to call now to reserve those seats the number is 877-338-8723 that exhibit 73388723 if you to be colors 9 or 21 sorry about that his about 3 O.G.A. Class dot com You can forge about their supplemental income with Ryan and Larry will be right back if you can invest just about 3 hours to open yourself to strategies that could make you financially secure for life would you do it for over 20 years online trading you can to me is transform lives worldwide with their exceptional trading and investing education and they would like to invite you to a free half day investing class near you here's 11 recent graduate had to say online trading it Cademy taught me is that you got to have a plan and he gave me the tool it may be a better trade or a better plan or a better father let online training academy help you pursue your financial goals so you could have more time to focus on what really matters to kids there is static because I'm available now and we can eat together as a family I get my trading done and they're happy are you ready to start living the life you've dreamed of learn more and free ot a class dot com That's free ot a class dot com. It's the place where wise money invests a track record over the last 25 years is better than its real estate Join host Tom Kane Wilson for real estate radio power investing Wednesdays at 2 pm discover how we do stay can be an important brick building and learn from the experts how you can succeed in real estate investing but cashflow that translates into financial freedom for you little state radio power industry Wednesdays at 2 pm on the Bay Area business leader am 1220. Income stream probably not something you worry much about when you have a steady job income but as you head toward retirement is your income stream still going to be enough someone who can help his financial advisor Pad will you be financially OK in retirement with enough income you can count on if you live say 30 or 40 more years could happen Pat can help you get on the right track toward retirement as you need to protecting your Nasdaq patas help folks with their retirement planning over 30 years. Has offices throughout the Bay Area. Call for a complimentary retirement plan review 804728305804728305 or check don't invest and forget dot com associates 804728305804728305 or go to don't invest in Forget dot com securities and advisory services offered through N.P.C. Registered broker dealer member. Are you a responsible person and find yourself growing deeper in credit card debt then get ready for a toll free number that will put you on a path to financial recovery Trinity debt management will consolidate your accounts and work with your creditors you'll save thousands and become debt free for keeps If your debt has you down we should talk trinity of 180936549618093654961809365496 . Welcome back if you're just tuning in the director of instructor development. Had me shed some light on how to generate consistent income in the market. Income whether the markets are going up income whether the markets are going down and income whether the markets are going sideways now whether you're just tuning in maybe you're 1st time listener or maybe you've been with us for the whole show get ready the best is yet to come Larry a lot of our listeners are looking to you know replace their income we're talking about this a little bit before the break they're looking to replace their income with trading and investing they're looking upgrade their lifestyle some of that supplemental income but some people are also looking for this to be a primary source of income I had a couple of students out at one of my classes a while ago actually say their number one goal was to fire their boss right come in and live life on their own terms though is what I really think they were meaning by that what are some of the key takeaways from the have to class what are some of the key kind of skill sets or key strategies I guess that you and your team are working on with students out there really to help them create that supplemental type of income or even that primary type of income if that's their goal Well the other day we want to tell our students and we teach our students it's not about quitting a job I mean obviously people want to leave a job they don't like but you and I have mentioned this many times most millionaires on average have at least 5 income streams so the idea that we teach our students is when you learn to trade and create some supplemental income sound about quitting a job it's about quitting a job that you don't like for a job that you would prefer to be doing so a lot of our students are coming in right now and believe it or not it's not even to make money Ryan it's to learn how to generate and attain freedom and freedom means to a lot of our students for example some we had a student named John a couple of weeks ago came in and started talking about how he's really nervous about losing all the money that he basically has made we know in 2008 with the last correction it wasn't just simply people losing money in the markets the economy was impacted people lost their jobs this could happen again this could be a lot worse than we saw the 1st time and if you understand how to generate supplemental income you won't need things like the doc to help you through being able to get through life at this point you'll be able to generate your own money you'll not be able to lose your job and have to worry about making more money the idea is that you can go into your living room or anywhere there's an internet connection to be able to generate more income. And so the whole idea right now is our students are finally understanding the by being strategic It doesn't matter your age it doesn't matter your background if you're coachable if you have good discipline you can learn a skill right now that can supplement income he even at the worst of times because you have a skill that generates money as opposed to being reliant on others to determine your net worth when you're talking about the millionaires in the multiple streams of income you know that's that that's always a good topic I think to spend a little bit of time and it always reminds me of an acronym that we've thrown out in the show a couple of times and it's job right job J.O.B. Just over broke and that's where having that singular source of income ends up being very very risky because if we lose that source of income all the sudden we are life completely changes and that's why they call it just that's what they call the job just over broke and why the average the average 1000000 or has so many different sources of income it creates that stability in their life it creates that stability in their lifestyle if one income stream starts to not produce as much money or or has to change their OK changing it they can go and swap it out for something else and $1.00 of the things that I love about the financial markets is you have the opportunity to generate multiple streams of income really very simply with the commodities market we have the move the market with the stock market in the options market the currency market and we go on and on and even different kind of subsets inside of each of those in different strategy types where we could be using weekly income we could be using monthly income daily income there's all sorts of different ways to build out different streams of income and I don't know a place where it's where it's easier and more accessible to really everybody if you've got a dollar you've got 1000000 dollars in the market is open to you one dollar 1000000 dollars doesn't matter what side of the tracks you live on doesn't matter where you go to school doesn't matter the market is open for business you just have to understand how the market works and how to operate safely inside and I was think safely is that key word we want to generate that income want to generate that income safely inside of these financial markets so that's something that we can count on to start building the multiple streams of income right out of the gate with stocks options futures for its whatever it is that fits your. You're kind of investing palette but it's critical to have multiple streams of income otherwise we are in just that J.-O. B. Just over broke which is a fairly risky situation one of the ways where we where i love to help get people started generating multiple streams of income is out at the half day class like I said earlier I love it when I get the opportunity to teach one of those but one of those we can do right now Larry if you're up for it maybe do a little give away and give away a few passes let's do it right now we've got a half day class coming up in your area that have to take classes where you'll see exactly what it takes to really generate that supplemental income even that primary income inside of the financial markets right on top of that is going to be multiple streams of income through the different avenues inside of our financial markets I always say you can you can and you can spend 3 hours of your time doing a lot of things right don't golf and go to a movie I was joking say if it's Avatar it's even like 3 and a half hours right you go to a movie spend 3 hours your time you really don't get a great rate of return on that unless you're trying to enter the P.G.A. Tour going in golf going golfing is going to generate a great rate of return but what if you invested 3 hours of your time raise that financial I.Q. You were able to start generating multiple streams of income and really change that financial trajectory for you and generations to come well in a 2nd we're going to have a chance to win a set of passes to one of these have take classes so get your phones ready and if you're driving now is a great time to pull over include with your passes the professional insider's kit now this kit is packed with lessons from some of our top instructors lessons on topics like enhanced your retirement strategy how to make money when the market goes down income generation capital preservation crypto currencies and much much more the professional insider kit makes it so you can get started right now is 10 through 20 we need to call now and reserve those seats the number is 877-338-8723 that date 773388723 if you end up being callers 9 or 21 sorry about that hit us up at 3 class dot com and see if you can score some passes there to kind of stay on the supplemental track Larry what are some of the what are some of the keys What are some of the tools I guess that people are really keen on right now especially considering how considering how overpriced our market is especially considering how volatile things can be at these high prices what are some of those key. He kind of points that you guys are really focusing on with the students right now we're talking about how professionals make money a lot of people in the marketplace unfortunately have no clue how to buy and sell Yes we've all gone to stores in the past we understand the concept of supply and demand yet when it comes to your trading for whatever reason you get emotional as opposed to strategic and what's funny is most people if you take them to any type of a store and you even intimate that they're going to be paying higher prices they get all mad at you and they say why are you taking the here I want to go places where I can buy things on a discount yet again when we get into the market people get very very emotional and by the way it's not your fault you've been told your whole life this is exactly how to make money when the markets go up and no one ever explained as we said in the last segment Ryan how you can make money when the markets go down and that really is what we're focusing on right now is how in this day and age how are you avoiding these high sticker prices that we call stocks right now and that's because of fear and greed and unfortunately a lot of people out there right now see the market's going higher and higher they feel like they're missing out they're going to jump in hold out to that last moment and then when they jump in the big banks and institutions are going to crush them and with with our financial markets just coming in and really understanding how they work is critical for everybody really vary but who has even a dollar inside of the market if you have a dollar in an IRA or a speech you know it's critical to understand that supply and demand concept that you're talking about and whole sell and retail concepts you know we have a natural voice bias and you're talking about go into a to a store you go to a store you don't pay a high price but unfortunately any time we go to a store we generally are paying a high price and that price is referred to as a retail price the retail price is where things get sold to consumers and we're consumers but when we take that thought process into the market it becomes very devastating you know the professionals are buying at a very very low price even take a pair of pants for example you know they're manufactured at $1.00 price they're distributed at another price the next day you know they're out at Neiman Marcus and a pair of pants that cost $5.00 to make is out on the floor for $200.00. $50.00 you know and it's Labor Day And so they give us 20 percent off right we think we're getting a great deal really we're still paying a retail price we've got to be able to go in and analyze and identify where the institutions where the professionals are buying where the professionals are selling whether it's pants or avocadoes or houses or stocks or options when I go and identify where the professionals are doing it and just simply do what they're doing and that's one of my favorite things to really spend a lot of time on at the have to class because people really get to see how by understanding what the professionals are doing they can really mimic that and start to generate that income primary income supplemental income whether the markets are going up whether the markets are going down or whether the markets are going sideways Yeah absolutely and I find that what most people put off is this discussion because they're fearful I mean most people don't want to really address this idea the market's going to come down again and what are they going to do but I've got to tell you if you're somebody who has the ability to be able to be coachable you can follow a simple step by step process you're going to learn a skill that and not only you can take advantage of but your kids your grand kids people that you love and you trust because of the end of the day there is nobody who's going to look out for your money more than you will and unfortunately when a society right now where there's just news being blasted instantaneously I mean through social media right now any news event being real or fake right now can create some type of market friction we just heard the Federal Reserve talk about that they're probably going to raise interest rates into this year which means anybody who's thinking of buying homes or have what we God forbid have variable not fixed interest rates are going to really start feeling the pain and then on top of that if we have this correction and you're not on top of that you don't have a plan you're going to ride down and lose half of that money or more again it just doesn't make any sense right now we've got a half day class coming up in your area to have take classes where you'll see exactly what it takes to generate that primary in that supplemental income whether it's for today or whether it's for retirement inside of these financial markets invest 3 hours of your time and raise that financial I.Q. Included with your past is our professional insider's kit now this kit is packed with lessons from some of our top instructors lessons on topics like enhancing your . Strategy how to make money when the market goes down income generation capital preservation crypto currencies and much much more the professional insider kit makes it so you can get started right now because 10 through 20 we need to call now and reserve those seats the number is 877-338-8723 that's 877-338-8723 if you had to be callers 9 or 21 sorry about that hit us up at free O.G.A. Class dot com and see if you can force investors there coming up after the break we will join business and tech reporter Jason Middleton who will talk with ongoing training academies Lance Strauss about what's happening here in the Bay Area and how you can register for upcoming class that's coming up next on power trading radio. And online trading Academy our mission is to offer exceptional financial education so you could live the life you've always wanted maybe it's just having that peace of mind so you don't have to worry so much about the bills or even just having the luxury of not working so hard she with more time to spend with the family graduates of online trading Academy share with us all kinds of stories here's what one recent graduate had to say I partied at a casino basically they're open 24 hours a day 7 days a week and so I hadn't had a Christmas often maybe 8 years and I hadn't seen my mom for Christmas and she abruptly passed away and that's when I you know I knew I needed to do something different I needed my time I needed my life another student says I was actually happy and career and training that's something that I had always wanted to do and if I die a slow death at a chemical are start to change my life learn more visit us online ad free O.T. A class dot com That's free ot a class dot com. Phase 3 has just been released at Redhawk in Danville a beautiful new home community from Ponderosa homes nestled in the rolling hills of vandals prestigious West Side Red Hots collection of spacious one and 2 story homes exudes a small town ambience just minutes from Danville delivery shopping center see the floor plans on line at Ponderosa Homes dot com and visit the models this Friday through Sunday 11 a 5 welcome to red hot Welcome Home California license number 01257567 What if I told you there is a wealth management firm that offers a 100 percent Satisfaction Guarantee think it doesn't exist think again our IMO And sorry President of Compaq asset management when you start a new relationship with Compaq we'll create your customized investment portfolio and financial plan dedicated to help you reach your goals for a year if you're not happy for any reason you'll get all of the management and Main Street that you paid refunded This is our 100 percent Satisfaction Guarantee dial pound to 50 on your cell phone and use the keyword talk to to find out more again from your cell phone dial pound to 50 keyword talk to mow satisfaction guarantee doesn't apply to fees and commissions charged by 3rd parties for such things as insurance products or mutual fund redemptions It also doesn't apply to any market losses which might occur in an account for additional information regarding this guarantee Please see the disclosure brochure of the able at the time you would roll or upon request asset management as a registered investment advisor funds custodian fidelity is to services member FINRA as I.P.C. Are you a responsible person and find yourself growing deeper in credit card debt then get ready for a toll free number that will put you on a path to financial recovery. Will consolidate your accounts and work with your creditors you'll save thousands and become debt free for keeps If your debt has you we should talk trinity of 1809906976809906976186970 . 6. Everybody My name is Jason Middleton I cover business and finance during the week and I'm on the line with me I have Lance Strauss he's a workshop instructor at online trading Academy Lance thanks again for joining us my pleasure I kinda want to jump in and add a $30000.00 foot level mask you like a macro kind of question when you're taking the classes with online training academy it's an education system but what is the motivation for people to come in I mean what seems to be driving people's interest in online trading everybody no matter what their age or all of them they're looking for financial security and financial security is it if you get it it is far superior to have been job security and what people don't realize is that all the sudden I wake up and I look in the mirror and I say who's an old person sometimes if you counted pages are flipping in the seasons are changing and all the sudden you're basically running out of time so so a lot of times people think they have a secure career and all of a sudden they go into work one day and they say you know what Thanks for all your help over the last 20 years but we found somebody younger than you and better looking and they're going to work for less money than all the sudden days they find themselves without a source of income so what or shoppers really all about if you really feel bad it is going to cover how do you get a job free income how do we find a source of income that is not dependent on you showing up to work does not depend upon you. Have a job that doesn't depend upon what the condom ears what's called on it you know in Korea or didn't see and that's what everybody needs no matter what they're doing 2nd revenue stream without a 2nd job I hear what you're saying there and your example is great is happen to me more than a couple of times when I have been let go radio is a very volatile industry as you can probably imagine correct there was a part of that answer there as you mentioned no matter what the economy is doing can you tease that out for so me do you mean that you can make money when things are not necessarily going up like an escalator where it doesn't really matter so long as the markets are there so the cool thing about it the way. Look at body worried about getting started a job the stock market's never going to hire you it's always going to be there and so long as long as the terrorist don't blow up Wall Street you know you can make money in up down and sideways markets So markets are buying knows how to do it down markets is what something called shorting which I'll explain in my class and in sideways markets are handled with what's called something called options which are your current thing we can trade stocks are Explain that to let's talk a little bit more about what happens in the class lands I take into class with you I know what I took out of it as well I did what I took out of it was I had less emotional I guess worry I came out of it with a little less where I had a little better grip on what we were going to be doing moving forward what do you what are you offering in that 1st 3 class Yeah well let me only 1st explain it is a totally non pressure environment we're not going to lock him in a room and trying to sell the condo and now we're shocked it's it's basically you know about 2 hours or 45 minutes where they can and it's kind of like we've got to figure out whether we're a good fit for them and they've got to figure out if we have what they're looking for and then think of it like an open house the college you go to Berkeley and York around you need some people that are instructors you say is it something I want to do or not that's you know nobody likes being under pressure we certainly don't pressure to do anything absolutely true and that was my experience no pressure whatsoever actually and I noticed I was in there because I was concerned about my retirement planning other people were in there because they had something happen within their life and they had to respond quickly and they looked a little bit freaked out and would you mean you probably see them more than a few times or all the time there are people who come there that always suddenly realise that their retirement account is vulnerable to market volatility up and down. I mean what happens I mean I don't know what's going to create or what happens if that crazy guy in Korea or that crazy guy in Wash D.C. Starts watching missiles at each other all the sudden you wake up one day and your retirement account is half of what you thought it was going to be and it's too late to do anything about it all right let's talk about where and when these classes happen they're free Don't forget the free. Get it FREE we don't charge anything that's basically by going to an open house are we hold them throughout the Bay Area or are our campus headquarters Good been there and seen as a for 10 years is right by the sound as a airport and we also have excel or a walk on the campus because a really we utilize a hotel location is to make it easy for people we have those in Pleasanton Koester City and Oakland I want to open new is not yes we added Oakland because a lot of people you know we just try to make it convenient we found a nice occasion that one that's right on the entrance to the Oakland airport can be easy to find or I would speak with Lance trails his workshop instructor at online training academy Lance how do we get people involved and in rolled in that 1st class were simple if they had access to their phone and they're not driving they can text K. As in candy isn't Dargo is going to be a whiskey K T O W 797979 that's K D O W The 797979 that will take them to a link that will be free ot a class dot com which if you're on your computer as you're listening to this you can just go right on your computer to Freo to crash dot com and then get right to the link where you'll be able to make. Entry all you have to do something like text . 797900. 7979 or on line 3 class dot com Lance Strauss workshop instructor at online training academy Thanks again you're welcome. If you could invest just about 3 hours to open yourself to strategies that could make you financially secure for life would you do it for over 20 years online trading you can be as transformed lives worldwide with their exceptional trading and investing education and they would like to invite you to a free half day investing class near you here's what one recent graduate had to say online trading it can a me and taught me is that you got to have a plan and he gave a bit cool it may be a better trade or a better plan or. A better father let on line training academy healthy pursue your financial goals so you could have more time to focus on what really matters the kids there is static because I'm available now and we can eat together as a family I get my trading done and are happy are you ready to start living the life you dreamed of learn more at 3 o t a class dot com That's free ot a class dot com. Welcome back if you're just tuning in you missed Larry Jacobson director of instructor development and top instructor here online trading get me really shed some light on generating more income in the market some of some of the time that income is just a fill in the gaps we call that supplemental income and some of the times that is primary and come right it's it's replacing that job it's that main source of income the matter WHAT it is it's critical to be able to generate that income whether the market's going up down or whether the markets are going sideways it could be income years and today or income you're using tomorrow you know retirement type income and retirement type income is one of the things that we're going to shift gears into this segment and really spend a little bit of time on how can we generate and really have that income set up for our retirement where you're just tuning in maybe your 1st time listener maybe been with us for the whole show get excited the best is yet to come and when I'm talking with our listeners you know a lot of times via social media sometimes it's when they come out to you know a class that I'm teaching but a lot of them are saying you know similar things there's really 2 main topics that I'm hearing on the retirement side Number one some of them don't have enough money to retire and number 2 those that do have enough money are not quite sure how to safely invest it especially given the situation that we're in right now with our financial markets what are some of the key kind of takeaways that you're trying to leave the students with right now so that they can number one generate more money and have more income for retirement and number 2 just have kind of better investing that more consistent income type strategy for their retirement Well it's about conversations because right now we have students that have financial advisors they've had them for a couple years they're now looking to fire them by the way because what they're realizing is they can't have honest conversations because they're not talking the same language and so. A lot of times the students will come back out of class go back to their advisors and ask them basic questions as to why am I in this particular fund it why do you have me in this versus that and really what it comes down to is educating themselves about how long term investing works and for example we have a lot of students who don't even know what mutual funds they're in and therefore when K. Programs alone how much money is each of them but most don't even realize they're paying about a buck and a quarter percent in fees and commissions every year to their mutual fund administrators and what's really sad here is that number one they don't really have the right allocation so that way they're putting in money every 2 weeks and by the way they're putting in money at all time highs right now Ryan it's not even like they're putting it in when we know we want to be buying low or they're just buying because they were told every 2 weeks I got to contribute to my retirement fund this is going to create a tremendous amount of problems when the market's correct again because if they have been very top heavy in price and that market crashes again to take down a majority or a large chunk of their investing The 2nd problem is that even know what they are shooting for they have no goals as to what rate of return they really need and as a result we're finding a lot of our students getting educated now to avoid the typical problem some retires at 67 or 70 a little bit too early because they never did the math and they have to go back to work at 76 or 77 because they've run out of money it was a great 6 years but now what are they going to do for the rest of their lives so a lot of our students come in again regardless of their age with their background is whether the single moms they just want to understand how to set aside money because of all the things that we have to take care of in life be it mortgages are paying for our kids' college is it's always the last thing that we take care of as ourselves which is our retirement you know I haven't ever had anybody really argue with me over the fact that how we make money in the financial markets is buy low sell high but I would want to emphasize that 2nd part of that process sell high buy low sell high because so many times when you talk to somebody you ask them about their investing strategy say you know what's your plan for your retirement. Count and most of it most of it is well you know just like what you're saying well I deposit money every payday which means they buy every payday not even with a complete disregard to price nobody goes and looks at what price they're paying before money comes out of their check it's all automated goes into their funds and automatically by I say well what are you going to sell and they say well I'm going to sell when I reach retirement you know to start selling the stuff and I'm like 65 and so when you look at that there is a complete void of buy low sell high inside of that strategy or Right now we've got to have to classical enough in your area to have to class is really about 3 hours long you know I always like to say you can spend 3 hours your time doing a bunch of different things you can spend 3 hours of your time taking a nap right but is that going to raise your rate of return is that going to better your financial situation probably not what about going golfing spend 3 hours going off and if you're not training for the P.G.A. Tour we're not really going to see a big rate of return a big return on investment there but what if you invested 3 hours of your time you came out to one of our classes and you were you were able to raise your rate of return on an annual basis by one or 2 points right there that is an incredible rate of return for just investing 3 hours of your time because in a 2nd you're going to have a chance to win a set of passes to one of these have take classes so your investment on your end will only be the 3 hours include with the passes in your half day classes a professional insider's kit now this kit is packed with lessons from some of our top instructors lessons on topics like how to make money when the market goes down in Hanson your retirement strategy cryptocurrency income generation capital preservation and much much more the professional insiders kit makes it so you can get started right now because 10 through 20 we need to call now and reserve those seats the number is 877-338-8723 that's 877-338-8723 begin to be callers 921 sorry about that it is about 3 O.T. 8 class dot com and see if you can score some passes there. It may be hard to believe but the average for a one K. Investor misses out on over $5000.00 per year in investment gains what well ports timing and our investment choices this is what's the studies show this is the challenge of the typical for a one K. And that's the whole reason for active for a one candidate that's why we have active for one K. That's why we launched the program for listeners and our clients because very difficult to allocate a for a one K. Account these plans have limited choices you've got to make the changes now if you will for on headcount is the program that you should know about it ranks your current options within your current employer's plan and then all you do is log in and make the changes will tell you what to buy what percentages and what funds if you'd like to see more about it just go to invest Talk dot com Invest Talk dot com and click on the investments down from K T T financial and it may be just what you've needed diabetes high blood pressure anxiety meds everyone's on them if you're a 50 year old male maybe a bit porky and you may even have type 2 diabetes a $1000000.00 of Term insurance may only cost you about $200.00 a month called term providers speak with Bigloo at 804442013 Bigloo will find a term life policy for you even if you have type 2 diabetes are overweight or have high blood pressure term providers help thousands of people like you think they can't afford term life insurance to buy a 1000000 dollars of affordable term life for you all you need to do is call Big Blue at 804442013 who will make sure the scales are tipped in your favor call 804442013 Bigloo will answer your call and work to fit you into a term life policy that you can afford remember Big lose like you he's on meds to call 8044 forward 20138044. For 2013. Welcome back if you're just tuning in you missed Larry Jacobson director of instructor development and top instructor at on line trading had me really shed some light on the timing really focusing on generating more income inside these retirement accounts I don't know if you heard it Larry but towards the end of that last segment even threw out one of my favorite catch phrases as far as Don't spend the golden your golden years at the Golden Arches absolutely you know we talk about this all the time and you know it's really fascinating that everybody talks about how much they hate going to work where we love going to work as traders in fact we have what's called the 3 hour trading day most successful traders trade the morning sessions they like to trade when the markets 1st open by about 9 o'clock Pacific time which is about 12 o'clock Eastern time most people are done for the day they're out doing what they love doing and that's the key here is that if you're doing something you love every day you actually get to say to yourself Wow I love doing this and that actually paying me to do this that's mind blowing and most students that we talked to today they're loving their new lifestyle because they realize that no matter what they do where they go they can take their laptops anywhere they can trade as long as there's an internet connection and even you and I joke at times when we're on vacations we get a lot of flak from our significant others for actually trading on their vacation and yeah I mean and one of the good things I've done is I got my wife trading a little while ago so now listen I just I just catch her sneaking peeks on her phone to see where positions are but you know you touch on a great spot there where you're saying that kind of 3 hour work day and I think a lot of individuals that I talk to they approach trading and they approach investing with the mindset of man how my going to fit this into my day because I mean right now we've got 24 hours in the day and I mean let's face it we're using all of them right everybody is using all 24 no matter what whether you're whether you're sleep in or whether you're getting up and get now after it and whenever you watch a movie on trading or a movie on investing it always shows you know some guy with 9000 computer monitors in front of him sweating perf. And he just took his hypertension medication when in reality it's not that way I mean really you're going in and I would say if you only have 15 minutes a day that's fine it's all about proactively identifying where you want to buy and where you want to sell and then waiting for price to get there you know if you want to buy a car and you say you know what I buy this Jeep Cherokee and I want to pay $30.00 grand for it OK you've identified what you want to buy You've identified the price you're willing to buy it at now you really just have to wait for somebody to be willing to sell it to you at that price that's the same thing in the financial markets so many times we feel like oh I if I if I don't get it now I'm going to miss out when in reality you're better off waiting for a price to come down to the whole sell come down the whole sell off or you take it there buy low and you sell high whether that's for supplemental income whether that's for primary income whether that's for retirement income it's all about identifying it ahead of time so I was telling that if you have 15 minutes a day that's totally fine if you have 5 minutes a day that's totally fine it's just all about putting in a little bit of consistent time so that you can proactively identify these opportunities you know we may identify a level today where we want to buy but we may actually not buy it until next Thursday because price may not come down there so it's identify I would say identify wait execute he I mean we have a student Maria she's amazing and she keeps talking about the fact that she now has time to spend more time with her kids that's a general message I hear over and over again and what's really sad is that most people think the only way that they can get where they want to go is by getting a nother job and as you mentioned just over broke you're taking more time that you don't have by working another job what we're talking about here is how can you reduce the stress in your life how can you reduce down the time commitments in your life so you have more time available to go the things you really love that can be spending time with your family your kids I know people who are now volunteer and we have another student his name is Bill and Bill recently started working for habitat of humanity he wanted to go out there and build homes it was always kind of a dream of his he saw a lot. Doing this yet he always said if I just had the time and so a lot of our students Ron are finding the time because as we talked about the understand that by learning how to trade it opens the door to generate multiple streams of income and it doesn't matter that they're making more money Perceval said that allows them opportunities to do things they couldn't do maybe a year or 2 ago yeah and the thing I was trying to emphasize with this is it's not about creating another full time job right you can go and get a 2nd job anywhere it's just going to occupy all that much more time you don't get to do you know like you're saying you don't get to do the things you love this is all about life right this is all about having financial freedom and to me financial freedom just simply means being able to do the things you want rather than I guess the things you have to do rather than what somebody else is telling you to do right it's all about creating that full time life and one of the things is if you do if you do a little bit extra you get a little bit extra and I there's all sorts of fun kind of cliches and one of the old ones is if you always do what you've done you'll always get what you got right so I was like to say break the mold don't just slightly break the mold smash that mold you know let's get out of the rut of doing what we've always done and having what we've always had and let's really upgrade it and upgrade is completely relative wherever you are right now in life Let's upgrade that let's upgrade that with a little better rate of return maybe you're making money in the market and you could just use a little bit of a little bit of a jumpstart to make a little bit more maybe you're struggling to be consistent you just need to come out of the class so you can you can grasp some of the strategies and now reach that consistency maybe you're brand new you're looking to start off on the right foot and you don't want to go to the School of Hard Knocks you know either way you know when you come out you really start to get to see how to generate that income no matter what your situation is where they got a dollar where they got a $1000000.00 right generating that income it really in that money in that account that you deserve say and I got this from my grandpa I'm sure he got it from somebody else but have your money work harder than you there's men at work money at work let's get that money workin real hard one of the ways where we can really help you do that is by inviting out to one of the have to take classes we still. Have a couple looks like 2 more stacks of tickets that we can give away Larry you ready for a little giveaway let's do it all right well right now I've got a half day class coming up in your area to have to take classes where you'll see exactly what it takes to really grab the bull by the horns really manage that retirement account generate more income whether you got a dollar 1000000 dollars generate that income and upgrade that lifestyle you know where you are now set that goal for that next year and let's start working towards it in just a 2nd we're going to have a chance to win a set of passes to one of these half day classes to get your phones ready and if you're driving now is a great time to pull over include with your past this is our professional insider's kit now this kit is packed with lessons from some of our top instructors lessons on topics like how to make money when the market goes down income generation capital preservation crypto currencies and much much more the professional insider kit makes it so you can get started right now because 10 through 20 we need to call now and reserve those seats the number is 877-338-8723 that's 877-338-8723 if you end up being callers 9 or 21 sorry about that hit us up at 3 o t a class dot com and see if you can score some passes there you know Larry I'm always talking about where you got a $1000000.00 or whether you got a dollar right where you got 15 minutes a day or 15 minutes a week it really doesn't matter the resources that are available to you it matters that you're applying yourself and that's one of the things I always stress is if you have a goal the 1st thing we have to do is take the 1st step I do a lot of insurance racing and I can tell you never reach the finish line if you don't cross the starting line Zig Ziglar said it best he had a great quote that says you don't have to be great to start but you have to start to be great and that's exactly right I mean a lot of people believe they've got to come in they've got to learn in 7 days how to train they've got to start killing it bad expectations setting what a lot of our students learn is that it's all about how to start off slowly while you have another job generating supplemental income to the point where you have the decision you have the choice and again he coming back to freedom we could coming back to time but so many. Sout there that come into the academy are learning how to start thinking strategically how to manage their time better how to manage their training better how to manage their lives better because a lot of our students come in they're one paycheck away from being broke and again we understand that it takes more than a day or a week to get into certain situations you've got to give yourself a little bit of slack to understand that with the right training and coaching and one of the things that we have here at the Academy is and we've been doing this for over 20 years Ryan and we have literally over 42 centers worldwide over a quarter 1000000 students of come through our doors they have learned that we are a company that will stand behind you very few places out there give free lifetime retakes our company does so the students that commit to this process we are completely dedicated to helping you figure out how to make the goals that you're looking for and live the lifestyle that you're trying to attain you know that lifestyle I love that word and I love just kind of going back on that financial freedom right financial freedom is being able to live whatever lifestyle that we want whether you want to travel the world you know whether actually the last couple weeks I've worked with a lot of students who've been with online trading Cammy for a little while and we've been talking with them about their experiences and I was blown away about how how popular kayaking is I was like What do you do for fun in your spare time now kayaking What do you do paddle boarding What do you do kayaking unlike Mitt everybody's kayaking impellor boarding these days you know I'm the lazy one who's I'm like Just put me in a car and like drive me around it only for a little bit give me a little bit Hawaii and these guys are all out paddle boarding and making me look I want to do that on Lake Michigan in Chicago in the winter Yeah it was just really interesting talking everybody though but but it always lifestyle it's like you know how's your life changed what's happened and over and over it was now I do this I've always wanted to do this now I can't I've always wanted to do this now I can one of them was spending time with their daughter and really helping their daughter has a small business and helping them get that up and going to. All lifestyle stuff which is freed up because of that financial freedom no more do they got to go in and punch a clock they're able to do the things that they want to do rather than the things they have to do yet if you're serious listening to our show right now come in check this out because for get a bucket list how about a bucket life Yeah absolutely and coming out to the half day class is a 3 hour class you know a lot of times we call it the half day class and that's kind of the tag we throw out here but it's 3 hours you're making a 3 hour investment that could potentially change your life no nothing ventured nothing gained you got to put the 3 hours in a we'll take it from there now one of the things is we've got to have to class coming up in your area I've got one more stack of tickets left before we end this show Larry we try to do another giveaway I think so all right well in just a 2nd you're going to chance to win a set of these passes so if you're driving poll over and get your phone ready included with your passes are professional insiders kit and this kit is packed with lessons from some of our top instructors lessons on topics like how to make money when the market goes down income generation capital preservation crypto currencies and much much more. The professional insiders kit makes it so you can get started right now is 10 through 20 we need to call now and reserve those seats the number is 87733887238773388723 and if you end up being callers 9 or 21 sorry about that hit us up at free class dot com and see if you can score some passes there Larry I've said it before and I'll say it again fastest hour of the week absolutely always goes so fast but at the same time great information that we're sharing folks it's time to kind of get control of your financial futures remember education appreciates and possessions depreciate we will be back on next week with you our financial family and between now and then May all your trades be green. The preceding program was provided for entertainment and general information purposes opinions expressed are those of the presenter only we make no promises or guarantees of investment performance online trading Academy is not a broker dealer certified financial planner or registered investment advisor. I'm Nick Sobolewski a select quote agent with a true story that could save you hundreds of dollars a year a woman named Linda just called her husband Ray has a $300000.00 group life insurance policy but he's changing jobs and can't take it with him well I shot the many highly rated term life insurance companies we represent and found Ray who is 41 and takes medication to control his cholesterol a 10 year 5 $100000.00 policy for under $27.00 a month that's almost twice the coverage for less than half of what he had paid if select quote hasn't shopped for your life insurance you're probably paying too much for your free quote call 804526990. 804-5269. 804-5269 or go to so I quote dot com since 1985 we shop you save get full details on the example policy it's like quote dot com slash commercials or price could vary depending on your health your company you know the fact that available at Allstate are you a responsible person you find yourself growing deeper in credit card debt.