Generational Knowledge

You hear about generational wealth all the time. Seems like a complicated process and to tell you the truth it is, but it's worth learning and like everything else you learn about it gets easier with time. The world is changing so much, and we need to keep ourselves informed with anything that could help us but more importantly our families.  On this episode Raymundo teams up with Dervin Emmanuel to discuss ways to lay the groundwork for generational wealth. From the obtaining knowledge and actions, you could take today.

Special guest: Dervin Emmanuel
Website:https://www.ourdiaspora.xyz/
IG: Dervinevolve
Podcast : soundpodcast 
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Transcript

0:18

Yeah. Here is your host. Raimundo welcome to my show. Where we relate, never. Hey, have some laughs. And try to learn some shit in a process. This is episode 50. Generational knowledge. I'm so excited to share this moment with cha. I mean, I see my 50th thousand episode in my head, but we still got some ways to go, but to make it here, it's a beautiful, beautiful day. No, my mother's birthday. Makes it even. That more special. I love you, mom. I miss you every day. Every time I look at my babies. I think you. I just hope I made you proud. I just hope I make you proud, mom. But yeah you know how we do things less? Let's go let's go. This quota today comes from Jim Rome. All good men and women must take responsibility to create legacies. That will take the next generation to a level. We could only imagine. And shit. That's what this whole episode is about. Building for either your children or just for your family to be. Your own legacy, yeah, own businessman. And it's the truth is up to us. To build them and we can't wait for tomorrow because tomorrow may not get here. So start today, even if it is. Adding one thing. Sometimes we think about the big picture and we want to ask so much and we think about, we had trust fund. Or we hear generational wealth. When we think about this so much that you have to do in that. And there is. But. The journey of a thousand miles started with one step. You could take it a step at a time. And once you get that flow, you know what to do, then you can crank it up. And then when you make more money, you can outsource it. So there's so many things. That come from just getting started. And just. Progressively getting better, you know, in the gym. Then they call up progressive over, uh, I forgot what they call it in the gym is progressive. Overload or something like that, where. I'm pretty sure that that's not the name, but where even if you put the weight up by five pounds each time you go, now, it's not a big difference. But you keep doing that. And in a few weeks, you'll be lifting. Shit. 30 40 pounds heavier. Yeah, man. But. Especially if you have kids. You want to make sure that. You leave them something. That can take care of them. AOL, let me tell you something about that job. Life fishers is cool, but they going to tax the shit out of it and they only going to be able to use it for so long. So. I suggest looking so all types of things, And that's why we did this episode today. on the day of my mother's birthday. But let's get it to the episode, generation knowledge.

Raymundo: 2:59

So on the 50th episode of the Raymundo Show, we talk about generational wealth, the foundation of it, and everything I've done, everything I'm trying to build revolves around this cuz I feel like it ain't, you know, you can't take the money with you. But it'll be great to leave it to family, to friends, or even definitely donate something to charity. But on this episode, I gotta a special guest to help me with the get my point across. this next guest, always on, always on the path to wealth finding, finding different ways to acquire it. and he's just really knowledgeable on a lot of shit. I gotta have him on, like five different episodes. But since I see him doing this thing, and not only is he in building wealth, he's enjoying his life. So maybe he could definitely share that part with us too. But ladies and gentlemen, let's give a warm welcome to the Raymundo Show. The der Oh Wait. Hold up.

dervin: 4:03

Thanks for having me, and I definitely

Raymundo: 4:05

appreciate it. I had on the wrong

dervin: 4:10

I love it. I love the feature. I love it.

Raymundo: 4:12

Welcome to the show, brother.

dervin: 4:13

Appreciate it, man. Thanks. Thanks for having me. definitely appreciate the, the intro cooking up on a lot of different things that Of course. Yeah. Yeah. They're definitely excited to, to get into it and, and talk through whatever with him, man.

Raymundo: 4:24

Of course, man, I've been seeing you, you know what I'm saying? I saw you were doing, you know, your podcast, yeah, yeah. The Sound podcast, right?

dervin: 4:31

Yeah. It's called sound Podcast on Instagram, synonyms The Sound is the name of the podcast. Co-host, another colleague of mine a bro, Tony. and we just, you know, essentially from Shoot to Shit to try to amplify the voices of folks doing cool things in their respective spaces and industries. You know what I mean?

Raymundo: 4:47

That's awesome, man. I should have thought of some shit like that. Y'all might steal your idea. Don't Trying to find something else about the sound, like the Sound Wave podcast or some shit.

dervin: 4:59

Yeah. We like, the name a lot. I, I feel like we had, another name that was a crazy like mouthful, but we like to play on words on this. I was like, yeah, yeah. We've seen another podcast with this title, so let's go for it.

Raymundo: 5:13

Yeah. Nah, that's good though, man. Like if I could do it again, I would not name the show after me. Not even me. I named it after my nickname. I didn't even name it directly after me. I feel like the ratio would've been too short.

dervin: 5:26

I'll fuck with the name. Oh, can I curse on here?

Raymundo: 5:29

Oh, yeah. Fuck yeah. feel free.

dervin: 5:33

I, I fuck with the name. I, I think it's original, right? Like

Raymundo: 5:36

it got a, like a, a, you know, a ring to it. You know what I'm saying? Yo, that's, that's Ray Moon though. he be a podcaster that his eyes be barely open. I'm working on it. I'm working on it. I be trying not to blaze before, but sometimes you gotta do it. You gotta do what you gotta do. You, bro.

dervin: 5:51

I was about to, I was about to roll up right now. And then I was like, you know what? I've got some stuff to work on afterwards. Let me just stay locked in, you

Raymundo: 6:00

know, stay locked. Yeah, yeah, yeah. Sometimes that can mess up the floor a little bit, man. So yeah, tell my listeners a little bit. Oh, first, tell'em where you from and then tell'em what you currently do.

dervin: 6:08

Yeah. So, just to give you guys a little context, background on myself, born and raised, Queens, New York.

Raymundo: 6:13

Don't get fucked. Hey, let's go. We family, bro. Hey,

dervin: 6:17

I already know. But aside from that I, well, I'd consider. a creative and a technologist. That's what I consider myself, that take context on uh, my journey professionally where I've always been super interested in technology and various different ways to apply that, whether it be hands-on or enabling technology in any way. Right. Have a very extensive technical staffing background. I've worked with and at some pretty large tech companies that y'all are probably familiar with and, and use every day. Yep. Yep. And in terms of my own individual ventures, you know, I'm a day trader. I trade four x I invest in, in crypto. I don't trade crypto too much, but definitely invest in crypto in terms of stocks. Same thing, you know, a lot more active in the trading space than investing. And I wanted to be explicit about that because it is different. Uh, Yeah. Yeah. And aside from that man there's a, a lot of other things that I'm exploring and getting into as well. But that's a, a high level overview of I guess, what you can expect from me. I'm also a history buff, history nerd, so if you follow me on any social media, aside from all the stuff I just mentioned, you'll probably see me rambling off about quirky history, shit.

Raymundo: 7:27

Nah, dope shit too, man. I don't know. I saw he went to the museum re recently. He just saw some dope ass paintings. I'm like, yo, this dude, you know what I'm saying? It's into the arts too.

dervin: 7:37

I love museums, man. I, I definitely recommend a cultist membership if anyone's familiar with it. Cultist like, gives you and your guests, I think up to three guests, like free access to like almost every museum in the world. it's pretty sick actually, for good price. For free. For free. Oh, for free. Like you pay for the membership yearly. Oh. But like when you go to the museum, you and your guests cut the line. What's this called? LA

Raymundo: 8:02

Cultist the cult of it. That's how the fuck you forget that shit, right?

dervin: 8:08

Yo, yo. It's, it's really some shit too. Yo, I, I went with, I went, so I went

Raymundo: 8:13

to, I feel wrong signing up I'm not gonna, I'm not

8:16

gonna

dervin: 8:16

say which, which museum. Right, because cuz this will, this will give it away. But I went to a museum with a lady friend. Right. And like Uhhuh, this, this I'm not in crazy, not serious, you know what I'm saying? Nothing like I had no, you know, intentions or anything like that. Yeah. You were chilling. You were chilling. You know, I, I used the cultist membership and the person at the front desk is. like there's a bunch of people behind us, and the person at the front desk is like, oh, you're, you're a cultist member.

Raymundo: 8:45

and

dervin: 8:47

They were just way more dramatic in a, in, in I guess, the word I'm looking for uh, animated about it than, okay. Yeah. I had experienced that before, but like, the way they did it was so dope. Like, just printing at like the ticket out for me and, and like who I was with, like how it made me look was insane.

Raymundo: 9:03

you look pizza, like, oh, this guy's connected. No,

dervin: 9:07

it was crazy. It was ridiculous. Cause like, it, it doesn't just limit you to, to museums. Like you can go to auctions and, and stuff like that. Private galleries, all types

Raymundo: 9:16

of stuff. that, that had, did you start off the night with that? Nah, nah, I didn't, I didn't, I was about to say that's the way to, that's the way to lead. I'm saying the, the rest of the name must have been Shmoo, It, it

dervin: 9:29

was, it was, it was calm. It was calm. But nah, it definitely set the tone, you know what I mean? Okay, cool. I like that type of stuff. Like members only type of stuff where like, it's, it's a subtle flex, you know what I mean? But it's also so, so, so convenient to like yourself and like who you're with. If you're trying to engage in that, whether it be like a lounge or like, yo, it's so, you know,

Raymundo: 9:50

so, so wait, so different from a Groupon membership, right? And it comes out with the receipt, like, ah, this fucking guy, his fucking Groupon, Listen,

dervin: 9:59

I'm not hanging on Groupon. I'll be on Groupon every week. Be that shit too. Groupon be having deals, you know, I like to. Yeah, yeah, yeah. You'll never take the hood outta me, bro. If I, if I could get, get to where I'm going and save and do it efficiently, I absolutely will. Comfort comfortably. But like, I'm super strategic about it and Groupon, you know,

Raymundo: 10:19

that's a rich trait right there. Never stop looking for the discounts, just cause you getting that bread, you know what I mean? Like, that's how you keep your money, man. That's how the rich stay rich.

dervin: 10:29

Honestly, I'd say that when I started to find new ways to generate additional cash flow from just like my nine to five, at first I was spending more like mm-hmm. like I was hyped, like I was spending more. And, and like, because of that, there wasn't a drastic difference in lifestyle. But when you do see a, a big difference in lifestyle is when you start piling on those various different successful means of additional cash flow. And like keeping more in, not adding more expenses. keeping more in from what you've accrued from that cash flow. Putting some of it to work. Mm-hmm. obviously. Mm-hmm. taking care of bills, debt, things of those sorts. Debt management. Debt management is huge. I feel if you wanna like, like take, take steps and I feel like that's actually, that actually might be like the biggest hurdle for, for folks who don't like, grow up in an environment where financial literacy is emphasized. Exactly. I think debt management is, is probably like the biggest hurdle cuz people don't under like you, like it took me a while to understand debt and like bad debt and good debt. Yeah. Sort. So that piece right there I'd say is like, oh, you, you, you get that down first and everything should be piece of cake. Even if, even if you. like, cause because if you skip that step then you know you'll Exactly.

Raymundo: 11:45

Irrational decisions. No, no skip step and no half step. You hurt Nah, but nah, not for nothing man. Yo, I'm telling you my, my, my decision making skills this season have been crazy cuz like, everybody who I wanted on the show, the first like 20 minutes, they bodying it and I'm like, damn, I did it. I did the right thing again. And I'm like, what? I wanted to embody you. That's what the fuck I'm talking about. Yo, let's give it up dude. from Queens. Your what part of Queens?

dervin: 12:15

I grew up in Cambria Heights. Are you familiar with Cambria Heights

Raymundo: 12:17

not too familiar. No. No. So

dervin: 12:19

Ca caber height is like past, like St. Alban's, close to that Laurelton area. But also like, where I was at is like, depending on where you cross the street, you're in Valley Stream or Elmont and like, it's technically Long Island, you know.

Raymundo: 12:30

Oh, okay. You're like by RO Rose, what was it, Rosa? Is it, what's it called? When I think of the ones Close Roosevelt. Yeah. When I think of close to Rosedale. Rosedale, that's the one Rose's fifth. Oh, now, okay, now I'm familiar with it now. Okay. Now it, like, now it's starting to click. Cuz you know when, when you hear Queens, if it's not the bridge, the bridge. If it's not the bridge, it's Jamaica. Fucking Glendale Well, at least where I live, that

dervin: 12:58

Yeah, I know J Jamaica and stuff like that are, you know, Q Gardens. Oh yeah. FRAs. Those are all, you know, pretty commonly known Queensland.

Raymundo: 13:08

Yeah. I'm glad you, you bought off financial literacy, right? Like, I feel like I always wanted to be like better with the finances, but I'm not gonna front, like when, when Earn Leisure came out, they. I don't know. They, they put it on the platform where it wasn't boring anymore. Like you ain't even, there was a point, I didn't even want to hear about this shit, but like, after them, it's like, now like, listen, like listening about these, and I'm, I'm older now too, so now I see things and process things differently and I'm like, yo, bro, like learning about this shit is official. Like learning how, like, like they don't e you know, rich don't even use they bread. They use the, they use the loans to use the equity. That's not taxable. Like, and you start going deeper. And I'm like, wow. Like, then they put everything in the trust and then it go, it is just, wow. Like the things that I understand, why would they wanted everybody to know this. And even so they know you can get the information and they know not everybody's gonna act on it. But I thought they. During my research, I saw there was like five pillars that like are important as far as like to, to start with. And, and one of them, which he spoke briefly about is, you know, the earning, you can't even, can't even have that discussion if you're not finding ways to earn. Earning is the most important thing as a, in this world. Things are always changing. Inflation. Lemme tell you something, lemme tell you something about inflation. Inflation don't give a fuck about you. Inflation. You could be out in the cold with your kids, with no, with a thin sweater on. And, and, and inflation will close the door on you. That's, that's, that's how much inflation. Don't give a fuck about you. But but speaking about earning, right? You got different ways to earn, man. Like how do you time management these things,

dervin: 14:48

So, au auto automation man, and I mean, you think time management, right? Like mm-hmm. I have a Right. I have so full transparency, right? I have a job. I'm not gonna list the tech company that I, I work for. Of course not.

Raymundo: 15:03

It's a good one though.

dervin: 15:06

pretty, pretty well known, but it's extremely like, well paying but also extremely flexible environment, right? But I'm also privy to, to, you know, tons of technological related exposure in terms of technology trends. It gets a network and meet tons of dope folks who have dope skills and things of those sorts. So, learned a lot. And you know, you, you, you want to not trade your time too much, right? Like, until, like you can completely, like, you know, fuck you. Like I don't gotta trade my time. Yeah. For, for to earn completely, right? Because you know, there's passive income and. and there's earned income. Passive income is, is taxed a lot less than earned income. Right. And, and earned income, you gotta trade your time. So someone like me, right, who got like a, like broke through that threshold of needing like additional, like extra cash flow by like learning to trade, right? So, and I had been investing in, in holding like assets like stock and crypto prior to that, but it was learning to trade and getting profitable consistently. That like really helped. It was what I did with that additional cashflow afterwards. That gave me more time back. And what I did with that was I explored various different way or routes of automation, whether that be through staking in the crypto space and earning, earning a passive yield or essentially like managing. Other accounts that I trade with through bots that I essentially set up to trade during one particular session which is the overlap between London and New York Open. Which is like when it is a lot of cash. Cash. Yeah.

Raymundo: 16:38

That's some boss. You talking some bullshit right now? Keep talking. That talk man. You talking that

dervin: 16:43

there's, so, there's a lot of different, like, like some people, some people, they, they get their hands on a property, right? Mm-hmm. and they, they, they jump into real estate, which you can do without a license, by the way. Get their hands on a property. Maybe they live in a multi-family right. And they have their other tenants in the other spaces paying their rent while they're accruing rent from them, right? Until they've accrued enough to do that same thing again in another location that they get and just keep growing it and growing it from there. Me, I'm, I'm, I'm, I'm venturing into the real estate space personally. It is one of the oldest fastest ways to accrue wealth and is not going anywhere. Of course, my route to getting on this journey is a bit different in the sense that I didn't go that way first and it was the digital world that like kicked things off for me. You know what I mean? So it, I, I guess because there's so many different routes so many different things that you need to try in terms of trial and error first, and like, I'm gonna assume that a lot of people in the audience might still have nine to fives or nine to nines or nine to 10, some crazy, you know what I mean? And they need to, to, to get their time back. If you find a niche that can help you generate more cash flow, but you need to trade your time to do it, explore whether or not there's a way to automate that once you've figured out how to do it consistently and successfully so that you don't have to stop doing that. To, keep up with your nine to five. And then you have this conflict where you can't do this as much because it takes time. But if you can automate it somehow still keep this and then pile it on with other initiatives until you don't need the

Raymundo: 18:16

nine to five. So you don't, that's for you. So, so initially it's just taking the money that you're, that's earned using it to automate, to make you that money you using to make it automate is making you more money, but at the same time buying your time back.

dervin: 18:30

It's how you, it's, it's, it's how you scale, you know, anything uh, yeah, yeah. In my opinion even if, even if you're going nine to five, you're doing like an e-commerce store or something like that, like, there's still that, that learning curve and there that period of time where you need to be investing in your time rigorously before you're successful. That's anything, anything. What I'm saying is like once you find that rhythm, If there's an opportunity for you to automate that in a way where you don't have to invest the same amount of time for the same level of productivity then that's the formula.

Raymundo: 18:58

I didn't, this concept was introduced to me when I, I didn't even get to finish reading the book cuz I got too excited. Certain books are like, some, like a Netflix series. But the only difference is I wanna move different after reading the book and before our work week, and this was like before this time, you know, after, like after Covid, I feel like a lot of stuff got really more introduced. It was already getting introduced before. But yeah, just delegating. He had all different ways of delegating his work cuz he wanted to fucking do yoga and go to Star Wars conventions. You know what I mean? Like, and it really doesn't matter what you want to do. if you can set up a system where you can enjoy your life and make money, that's what you want to do. But, True. You gotta invest your time, invest in you. And oh, actually in save money, which is another one of the pillars, man, had like, yo, I can count how many times in my life I've done really like saved. You know what I mean? Like, I, like, I had to, how, how are you with, with, with saving money?

dervin: 19:53

So, you know, that emergency fund needed to, you know, cover, you know, thing, expenses where I'm living and things like that for months to a six months to a year kind of thing. But outside of that, I fucking hate saving and, don't believe in, in saving in certain climates. Now, I don't give financial climates. Economic climates, I mean mm-hmm. and I don't, I'm not giving financial advice here. Yeah, yeah.

Raymundo: 20:18

Well, this is just us shooting the shit about some real shit.

dervin: 20:21

but, but what I'm saying is, is that, the more like you, you make money work for you the better things will be. And at least in the United States, not quite sure if people are paying attention, but the US dollar is absolutely going to shit. you've been, you've been telling us

Raymundo: 20:37

that though. You've been telling us that for a while.

dervin: 20:40

On a, on a global, from a global standpoint, our financial, like our financial system is drastically changing. Way more than people I think are aware of. And right now you, you're losing money, having it sit in a savings account. Now it's different if it's some type of high yield savings account, which still might not be enough in like extreme hyperinflation, this is good stuff. This is good stuff, but you're, you are losing money, having it sit in a savings. Versus say, putting it to work in a property, right? Or, or finding various ways to automate those funds through, whether it be like an online store with digital assets that you sell you're well versed, experienced enough to automate aspects of trading and investing or staking on yield farming in the crypto space. Perhaps you've identified a DAO with you know, that's vetted and, and been able to consistently pay out their a p y percentages. There's a lot of different ways, right? A lot of, lot of different things. It's just identifying that and staying consistent with it. But saving, yeah, no, right now, at least during this time where like the, the dollars, the dollar's, not doing what we want it to do, and having your dollars sit in uh, the bank and not accrue anything. Is it actually losing value? It, it makes no sense, you know? Is it

Raymundo: 21:58

because Russia, China, and Korea, I, I forgot which Korea is about. They all bad enough. I heard to make they own

dervin: 22:05

I dunno if that's making a difference actually. You're talking about, you're talking about bricks. Yeah. So essentially bricks countries, right? That's like Brazil, Russia, south America, excuse me, South Africa and Saudi Arabia, right? They're, they're coming together to essentially combat the petrol dollar, right? The US dollar, right? Saudi Arabia is like, they, they're not taking us dollar for gallons of oil. They're taking Chinese Yun now. You know what I mean? It's thing, the, the, the power shift is changing and the US dollar is, is, is no longer going to be the petrol dollar the, the primary reserve currency and that a lot of countries hold and things of those sorts. right? Like Russia for example, when they had all their sanctions imposed on them because of their current client conflict over there, it, it didn't hurt their currency at all. It probably did for like a few days. Yeah. And then after a week, they had the strongest currency in the world. You know why? Because Russia was just like, yo, you're gonna buy my gas, buy it in Russian rubal, like, just use our currency. Like fuck the US dollar. They won't be host So just use ours and, and boom, strongest currency in the world during this time where the media is like, yo, like all this stuff's happening over there. So if you're paying attention to the current climate globally, the changes in our economic system, which are being discussed, like World Economic Forum, like all these hedge fund guys, banking dudes, they're speaking at these things and they're saying that we're about to implement some. So I don't trust my money with any of those guys. Actually, my recommendation Mr. Enough that you gotta, if you got a, if, if you've got a, a chunk of cash flow you, you, or a chunk of cash like sitting that you wanna put somewhere, put it to work, like put it to work. Like obviously you need that emergency fund like that you could always pull like cash out of and do your thing. But like, if you've got a lump of cash and you wanna put it away, you might as well put it to work. You know, in a way where it, when, when you're sleeping, it's making you money somehow, you know

Raymundo: 24:04

it's growing it. Yeah. You don't wanna put your shit in the mattress. You know what I mean? I, I, I always think about the George Lopez show when she had her money in the mattress and her house got on fire. Oh man,

dervin: 24:16

that was, that was an amazing show, by the way. No, it's

Raymundo: 24:19

a cry yo. I still watch that shit if I'm up, if I'm up before a certain time is on, on, yeah, that tt. First of all, you should be a financial advisor. Cause I trust you. Like I really want to, I if I had the bread, I'd be like, your son, let me pay you, help me set this shit up right now. Cause I, I feel like you know what to do. like, you, you, the, the knowledge you have brings trust. Like already I'm like, yo, I was dead ass. I mean, I already, you know, with the Forex, you were helping me back then. But just now, just hearing all, you know, hearing everything that you, you know what I'm saying? That you working on, it's like, yo, bro, and the terms you using. Some of them, I don't even know what they mean, but they sound broke and I wanna look them up. I want, it makes me wanna look them up so I can be like, listen, if you start yield farming and then you don't see that a reciprocal uh, return on the lateral movement

dervin: 25:13

Yeah, that was You gotta

Raymundo: 25:15

stop.

dervin: 25:17

That was, that was bad. Funny ladder movement. That was bad. Funny. Nah, man, I appreciate that. Listen, I'm, I'm, I'm a student man. I'm learning always still learning. Things recently have gotten better. They're, they, they're, I still have obstacles still, you know, building that discipline. But yeah, man, like, the knowledge is out there. It's just the discipline of applying it long enough until you got that breakthrough. You know what I mean?

Raymundo: 25:39

Having that breakthrough is important, babe. Going from someone that's learning about it to someone that's applying what they learned. That's what you wanna do with knowledge. Knowledge is power. Nah, knowledge is not power apply. Knowledge is power and

dervin: 25:51

yep, that is true

Raymundo: 25:53

man. Don't let schoolhouse rock fool you. Man. That was back in the day bro. Like, that's have all

dervin: 25:58

the sauce, but if you don't got nothing to dip it

Raymundo: 26:00

in Exactly. You ain't gonna have that Swaw you heard? Nah, But he, but he bought up son Dope was an emergency fund. Like a lot of these things, you know, that he's talking about the economic, it's out there and I feel like we don't think it affects us and all that shit affects us. You know how many times I've seen the s sp 500 and you know how many gurus or other people telling you, yo, if you would've put your money in the SP 510, 20 years ago, you would've been chilling right now. Imagine you just knowing shit like that. Like that. See that's something out. Dare to pay attention to. I would've just seen him ring that. and I seen them not, they'll still ringing the bell when shit got fucked up. Right? I don't remember. I just know, I just remember ringing the bell. Channel one channel one News

dervin: 26:43

Yeah, man. There's a, there's a lot of traditional and safe from an investing standpoint, things that you can do just based off of like previous behavior. What I say, what I mean by previous behavior is like what this particular asset has done over a certain period of time and what are the consistent patterns like during that period of time, right. What are the highs and lows? Like what impacts the, the market when there are those highs and, and those low that made that low P

Raymundo: 27:09

ratio. P ratio.

dervin: 27:17

But yo honestly like, Not everyone needs to be that technical and like fundamental in terms of like market analysis. Yeah. It's like great to have those skills if you're into it. Yeah. You need to learn it and, but like it, again, it's not for everyone, but it doesn't mean you can't profit from it.

Raymundo: 27:36

That's what matters. You could be all technical. You don't wanna be the one that all you know about all these words, but you don't know how to profit from it. I'd rather be the one that could profit it, profit from it, and not all the know the technical stuff.

dervin: 27:48

What I mean is some folks I included with certain things I do a lot better when I have community and um, one thing I noticed, especially with. this, I don't wanna use the word trend cuz that's not what it is. It's just been an influx and increase in platforms to share like your success, your skill. And sometimes there might be bad apples who like, you know, throw deceiving content in there. But like for the most part it's, there's just been an increase in ways to get your exposure out there. So as a result, more courses on things, when I say community, right, like, with me, I got introduced to, for example, Forex trading through multi-level marketing and it was fucking terrible Um, Multi-level marketing, absolutely terrible. It absolutely, most of those people, they don't fundamentally and technically know how to do analysis on the charts and actually trade. Additional tools, indicators, they don't completely understand the terminology, the importance of calculating risk, counting pips, things of those sorts. And these are all specific to four x, but some of these foundational concepts in terms of reading charts fundamentally and understanding the market apply to four x stock and crypto. You know what I'm saying? Mm-hmm. So like when you're trying to get into the space and, and then someone's saying like, yo, come invest with me when they're really trying to trade and, and get you to pay this. You know, it is a lot. It is, it is a lot of bullshit. But within that, I met really awesome people that I was able to build a community with. I'm gonna give you an example of what happened as a result, right? I met a, a, a good niche group of people within this who were more passionate about building the skill versus the whole multi-level marketing aspect. So these are people who are dedicated to getting on the charts, holding other people accountable, right? Like, keeping people en engaged, enthusiastic. If there was like a, a blown account, a mistake was made. Because these, these are, are naturally part of the whole process of growing your account, like, or accounts or growing your discipline and, and getting profitable, right? And without some of these communities, like, and people being able to share in some of the mistakes that I made or like talk to, like are going through the same learning curve or sharing information that helped them take that next step, it, it really, really, really helped me and motivated me. But also when there was areas of opportunity during that process, right? You were earning, right? Like, like, and when I mean areas of opportunity, like we're all in this together. We're a like-minded goal. We're holding each other accountable, but we're also actively doing it together. and say, I, I see a setup. I see a play, right? I, it, i, it hit all my check marks in terms of analysis and, and steps to take before I even enter a position. And I dropped that play and set up for everyone else. And you do your analysis. You trust that you believe in it, you hop too, and successful enough, profitable. Now this whole community just got profitable too. Or, or at least the people who followed along within it. Right. And to give you a scenario example, within this community, right. A colleague of mine essentially was on the phone looking at the charts for an exotic pair. I think it was like platinum. Essentially within this community, right, basically what happened one night to give you an example of like how lucrative it could be and beneficial to you to surround yourself with like-minded individuals trying to grow in a particular skill together and how that could be valuable. Basically, one of the folks in this group identified a play, like a setup. They said that they had been looking at platinum that night and something wasn't right. The way the market was moving seemed irregular. It was absolutely market manipulation, in my opinion, from my eyes. Maybe it was something going on with the broker we were all using, but essentially platinum was like moving up and down. right? Like a barcode on the charts. That's what it looked like. Mm-hmm. on, on the charts, whatever you're trading, it doesn't move. Things don't move like that. Right? Yeah. There are various phases of how things move. Like there's, you know, uptrend, downtrend, consolidation and, you know, breakouts to expansion and things of those sorts, but to just down, down, up, down, up, down, up, down, like a barcode for hours. That's really weird. Mm-hmm. So essentially this dude, he gets on the phone with another colleague of mine and says, Hey man, I just turned$600 into$12,000 in an hour, essentially hopping in and out of whatever the fuck is going on. Well, platinum right now. And the dude on the phone is like, nah, no way. You're, you're bullshitting. And he looks at the charts and he is like, wow. Turned 600 into like, 4K in like 20 minutes. So he calls me and says, yo, take a look at this. What's going on here? And I'm like, on the phone with him too. And I'm like, this is insane. This is clearly market manipulation. This is not gonna happen again. We need to drop a link in our, chat where we all communicate, 30 plus people, get everyone on the call right now. We're gonna exploit this all night. Me and my two other colleagues called out trades eight hours straight. I made$60,000 that night in eight hours. Wow. In a$600 account. I turned a$600 account in a$60,000 in eight hours one night unicorn night. Right. That's awesome. But everyone, everyone else on that call, I'm talking 30 plus people, probably at minimum 13, 10, 10 grand was made. There were people on that call over leveraging their asses off, but they were so into it. They were so excited. They saw the market manipulation happened, how dedicated we were, you know what I'm saying? Things like that don't happen all the time. That's a unicorn moment. But to, to identify a setup, call two people that. Called and got on a, like, made sure 30 other people in the same group got on the same call that night. So everybody was, everyone, everyone made a salary that night, you know what I mean? Off of like a once in a lifetime like opportunity on the charts, and y'all wish

Raymundo: 33:36

I had your number back then, bro.

dervin: 33:39

Yeah. But like that, that wouldn't have happened. Like I wouldn't have been, I wouldn't have been exposed to that call if I wasn't like trying to grow with this skill, with this and share my journey with like-minded people. So sometimes community can go such a long way when you're just trying to like level up like the people you surround yourself with. Like if they are like-minded as well, or they're living a particular life that you wanna live, they have a skill that you haven't mastered and you wanna learn more. And they're okay with sharing like fucking attached to that motherfucker and the, and then everyone else will attach and then, you know, it, it, it can get real

Raymundo: 34:19

beautiful. The people you surround yourself with can take you higher over. Absolutely. Oprah Rufi. I just read that on the Instagram before the episode I was like, yo, I know I'm gonna be able to use that for something, but damn, that's, that's crazy to have a night like that. And that's what I'm talking about, like, yo Tom goes by quick man. So being able to have something that just working on it a couple hours or even in 20 minutes, you can make a, what somebody makes in eight hours. You know what I mean? That's what I like about those type of trading options in four x, which I would say, right, that we would say that's earn eight. That's what's that active income, right?

dervin: 34:54

So you're, you are, you are, depending on how you go about it, you are still trading time, right? It isn't a tax the same as like being a employee earning income, but Yeah, it is it's not passive because unless you're like automating it with a bot, right. As a day trader, you know, there is, you know, like taxes, you have to be mindful of, you know, you wanna reserve a certain percentage when it comes to tax season cuz of those, you know, assets you're accruing. But still and

Raymundo: 35:22

to be a, to be a day trader, you gotta have 25 in equity. Right. Or unless, or you can't do through more than three trades. I just learned that recently.

dervin: 35:30

I think so. So those type of guidelines or ramifications, those are specific to the platform that you're using to trade. So it sounds like you might be doing like some options or futures maybe. And they're limited options. Yeah, yeah, yeah. On the platform you're using, they're limiting you to a couple of different trades until you have like enough buying power. Or maybe like that's not a platform for day trading. Okay.

Raymundo: 35:49

Okay. And that's why I mean, it, it was just my boy. He was, he had a good night. I think he said he. in three hours he made like ags or something like that. It's possible.

dervin: 35:58

It's, you know, options, stock options especially are extremely powerful. Like once you know what you're doing and it doesn't take much to make a lot as well. I think it's just like with any form of trading, you gotta get the psychology down first and the discipline down first. Once you like understand the terminology and fundamentals, you gotta like, I identify like what your identity is, you know what I mean? Like who are you as a trader? That's what a lot of it is about. Like,

Raymundo: 36:23

I notice in the, a lot of the courses with trading start with the mindset. What type of tra trader you wanna be, what type of investor you wanna be. Like, go from there. Cause then it'll, it'll kind of, it'll limit you from being all over the place. Cuz you could get lost in that shit. The,

dervin: 36:38

the reason why that's important is because the truth about trading man is that like, once I learned this before, it was, it wasn't always consistent, but once I did learn this, it, it did change things for me. But yeah, trading day trading is like 70 plus percent waiting. That's waiting, like doing your analysis and waiting for the right setup, you know what I mean? And then, and you need to have that discipline. Some people get greedy, right? Get greedy or worried, or they react to psychological areas in the market that most other people react to. From a retail perspective.

Raymundo: 37:13

Stops is important. You gotta have stops.

dervin: 37:16

stop losses. Oh yeah, yeah, yeah. it's a lot. You know, it is. I don't wanna get too much into like the technicalities or the terminology of the trading aspect. Cause, you know, someone in the audience might not be like, completely into, yeah,

Raymundo: 37:27

they might be, they might get lost, like, what the fuck they talking about

dervin: 37:31

But if you wanna learn a skill one, one way to do, to do it efficiently or like just one way to, to, to, to bust it out and, and level up is by doing it with the community of folks who are like-minded. Especially if you have a lot going on. To summarize what I'm trying to say, like, if you got a lot on your plate right now a tight-knit close group of, of, of people trying to evolve too might be like what you need to, to get over the hump that, that support mentally and, and just that drive to keep going. And sometimes that's all it is. That's all it, it all it takes.

Raymundo: 38:02

about to link back up like, yo let's get them back on that call, man. Is that No, but um, glad you bring that up. Things like Forex, there's different things that you can do si hustles that can kind help you cuz you just, you don't want to just worry about your job income. And I had a real estate investor that says you want to try to wait, you wanna try to find a way to get rid of your rent. Doing that house hacking that you spoke about earlier, you could do that living with, you know what I'm saying? But I would say have so many rental properties that it's like they're paying for the house that you living in at some point. You know what I mean? Just, but I feel like having the side hustle is important cuz your bills, you know your bills gotta be paid necessities and things like that. And you could just use your, your side hustle money to just pour in into the business, to the bigger empire cuz like, I mean, ain't go front. Things like fourex, things like trading you can do no matter what. You could be on a golf course or some shit, or, or you could just be in the crib chilling. Say, you know what I wanna trade today. It's a good skill to have

dervin: 39:02

and shit, man, you could, you could hop on a flight right before your flight land. Make it flight back,

Raymundo: 39:07

you know what I mean? With the money. With the money you paid for the flight for right. like,

dervin: 39:11

like when I like, yo, when I, when I first hit like consistent profitability, that's what it felt like, man. It felt like a video game, bro. Like, I'm, I'm getting on a plane. I'm, I'm entering a position that I see and by the time my land, I might take profits hit, I just made my flight back. Now I'm thinking about extending the trip You know what I mean? Like, yo, when you, what the realization for me. And I'm not, I'm not super like money oriented to the point where it's like the most important, but with what I want to do, which is important to me, money will really fucking help. And I know Yeah. It's a fact. Yeah. And yo there's this crazy feeling of like, I remember the first time that like I had, I, like, I just, I had like 20 K and didn't know what to do with it. You know what I mean? And, and it, and

Raymundo: 39:56

I was, I know why. Cause you, you ain't, you, you wanted to make sure you did the right thing with it. But you know, you wanted to fucking just spazz

dervin: 40:03

just spend. Nah, man. The, the, the first time that I got my hands on, like, like a good chunk of liquid cash, like that, I didn't make right decisions with it. I was an idiot. you can't. Right? I, I, I enjoyed myself. I, I paid off expenses, dad, of course. And had a good time. You know what I'm saying? The second time, right. The second time I was like, you know what, let me put some of this to work. And then I went and had a good time too. You

40:29

know,

Raymundo: 40:29

I ain't it all work, I had a good time either

dervin: 40:31

way, you know what I'm saying? The third time, you know what I'm saying? More and like more and more and more started to become like, okay, let me put more to work. Right? That's what it

Raymundo: 40:42

is. Cause, cause it started working.

dervin: 40:45

No, that's really the psychological hump though. Like, like, like really, like you're all right. I, I did this before, but the truth, yo the truth is the old you, this is gonna sound, this is gonna, and I sh I need to hear this because like, I feel like I'm at a threshold where like I need to do, say that shit.

Raymundo: 41:00

Take the next step. Say that shit The

dervin: 41:03

truth is the old you must die.

Raymundo: 41:07

Wait, wait, hold up, hold up, hold up. You just made me think of a game of throne reference.

dervin: 41:11

Kill the boy. Kill the, the old dude. Yellow. It's true.

Raymundo: 41:17

My fuck. It's true. Kill the boy and let the man's, he said let

dervin: 41:23

he, it's, it's something along those lines. But I know. Exactly. Kill the

Raymundo: 41:33

Boy. I was like, damn. He want him to kill him A boy. What type of shit? He on tar and he was like, kill the boy and let the man, let the man make the decision. Some shit like that. I was like, yo, game of throne. Got a lot of fire. Quote like that. Yeah.

dervin: 41:47

What, what I mean is like, yo, the old you must die. The old decisions that you would've made some of the old friends that you know might've not been as ambitious, holding you back, distracting you, or not being as supportive or taking you for granted. All of that must die. For you to like overcome and take like the next step, especially financially, I believe, like this is not just financial, this is for anything. Like, you want to grow and like improve and like just personal development. Like the old you has to die every single time. You gotta reinvent yourself every single time. you gotta like, tell yourself like, like when you come across the same like, like Insanities doing by definition, doing the same thing over and over again. You know how many people in this world are insane?

Raymundo: 42:33

Nah, bro, you, you talking to me right now, like you're not even talking to the audience like you talking and I'm just, you ain't see me. I'm like, I keep doing the same thing, man. Fuck. And, and,

dervin: 42:41

and, and I don't, I don't mean like, there are some things that you need to do consistently, right. For it to become a habit that then you can do unconsciously and Yeah.

Raymundo: 42:52

But you know, but we know, we know what, we know what you're talking about. We know what we talking about. We know the shit that, you know, that your conscious tell you, yo, this is the same, this shit is gonna make you not do the shit that you trying to do. Stop. And you Exactly. Exactly. And then you tell yourself some bullshit. You be like, oh yeah, but this is different this time. I don't, I didn't have that mindset.

dervin: 43:10

Like, no, yeah, you gotta kill that, that mindset is so important. Mindset is everything. And me, I'm someone who, man, I've mentally, I've had some challenges in my, in my life recently, man, recently. And like having a community. Makes a difference and a community of people to like sometimes when you're getting your ass kicked, you need to be reminded like, yo, you know what I'm saying? And, and Right.

Raymundo: 43:34

Remember who youre fucking beat up Boo. Baka, what did you call it? Damn. What's his name? Baca. Damn. I forget to do from Black Panther. Baku. Umba. Baku. Yeah. Whoop his ass. When you ever, you forget Think of that Black Panther. nah, that's just though. So on the road, two, generational wealth, so to speak. No. Having different forms of income and who you were before you made the decision of making generational wealth has to go away. That person didn't do that now. You have to walk in the steps of that person that's trying to become that person that builds wealth and set it up in a way to where everybody eats. And it's part of a community where when one falls off, the other one helps, the other one up. No one will fall cuz everyone will beat each other's crutches. And you want to be in that type of environment, that type of energy man. Cuz you know, mentally distractions, anything can throw you off. And the being with the wrong people that'll tell you, yo, ah man, fuck that. Do that shit later. Or fuck that. Yo, you do that shit another time. Or just come chill out. Nah, you want somebody to be like, nigga man, get your, get your ass the fuck up and get back to work man. This is, this is what we do. This is how we get money. You need to hear that positive shit man. But side hustles, yo, there's so many ways to side hustle your way to where you can. Make the money work for you.

44:52

The equity. More Mundo after this commercial break. Was good. Yeah. I'm proud and happy to announce that. All three Patrion tears is up. Each with its own. Per can benefit. You want more moon? No, you get more mono. virtual version. I tried to be a little bit reserved. You know, on the regular platforms. But each. T it puts you more in depth. With who I am and where I'm at to go. So. Sign up to the show. Go to www.patrion.com. A forward slash the Raimundo show. Sign up is pretty easy. yeah. And I'll see you there don't just meet me there. Greet me So Snoop dog But anyway back to the show

Raymundo: 45:36

And you got things like fiber, Upwork that you can make money from to work on your passion, and then you can hire people on there to help you work on your passion to free up more of your time. And another thing I wanted to get into so all, all this active income, right? We want to get passive, right? We want to get into real estate, we wanna get into memberships and shit like that intellectual property, like are, do you have anything out like that right now? Or plan to do something like that, like a book or some shit?

dervin: 46:03

Book. That's funny you mentioned that. I am working on a book for something. I'm not gonna get into that in particular right now. It is something more along the lines of history and research.

Raymundo: 46:15

Oh, real, real, real, real truth. You got, you got real truth, Goldman

dervin: 46:19

But aside from that I am also a founder of a co-founder of a, a DAO in the web three space Dao standing for a decentralized, autonomous organization. And that will be kicking off pretty aggressively just in regards to a release leasing, what we've been worked on in the new year in terms of intellectual through our, through what we've incubated through the Dow. I, I, I'd say you know, what people will be able to access through an NFT collection launch, right? Staking that asset that you invest in through some of our Dow tools and things of those sorts. I don't want to get into too much of it now, but we're, it's, it's not the same as what a lot of other, these other Dow projects are. and it's a project of mine I'm really excited about. So that was the first thing that came to mind in terms of IP and like trying, trying to venture off in, in that route and, and put something out that people could then engage with that solves a problem. It's not necessarily like put something out to make money. It's, yeah. You

Raymundo: 47:13

see Yeah. To solve a problem when you solve a problem, you never have to sell it. Yeah.

dervin: 47:19

Yeah. I, I guess that's the

Raymundo: 47:20

pro the selling is solving the problem. Yeah. I mean, no, you still gotta market. Don't get it fucked up. You still gotta market. But your approach is amazing, bro. Like, like yo people, I'm telling you, people seeing this, they should feel like they trust you and wanna buy whatever the fuck you got to sell. Like, just saying, yo, yo, I could just make money doing whatever, but damn, I could make money to really help the industry and be part of some type of change. that's when you're not working no more, ladies and gentlemen. That's when you just making moves

dervin: 47:49

for me, right, you know, I'm on this mission to generational wealth as well, you know, full context. No, I'm not a billionaire. Haven't had he's wealth yet. He's on the path. He's, he's establish that for my fam. But I, I do believe that in the era that we're living in right now, it is probably since the Gilded Age. When I say the Gilded age, I mean, I'm talking about motherfuckers crossing borders and burning shit down the sword armor and accruing wealth that way, right? Yeah, yeah.

Raymundo: 48:20

You don't wanna do it that way. Since

dervin: 48:21

time, since that time, the era we're living in right now, I truly believe is probably the easiest time to become wealthy in accrue wealth because of everything happening around us. The conveniences which can also be distractions, but those same platforms that enable those conveniences also can enable you to access wealth. Right. Well said. And as the technology evolves with what's happening in crypto and web three. And I know some people might feel differently about that with the recent news, with what's going on with ftx, but FTX is not crypto, so I'm not even gonna like, talk about that. Like, that's not all of crypto, you know, that, that exchange, that that CEO things going on there. Let's not even jump in there, but yeah, yeah. Scary. Please. There's, there's just, you know, it, it, it, it doesn't matter what it is. I don't care if it, you're in real estate traditionally, or you're enabling real estate in a new way digitally, you know what I'm saying? Like whatever, whatever you're into we're in this era where technology has enabled us to be able to connect and get exposure in a way that's just. It, it's so ridiculous that I believe that this is the easiest time right now in a long time to accrue wealth to change your situation. And

Raymundo: 49:35

you can do it from the crib. Yeah. That's what's awesome

dervin: 49:38

about it. And a, and you know what's, what's crazy is like how, how long, like, are, are we on the cusp of another shift where like this will change again? Like how long will we have this opportunity where all of these things are just available to us? Right. Will it continue to pile on? Maybe. I don't think so, though. I don't believe that's how the world works.

Raymundo: 50:00

They don't like when we have too

dervin: 50:01

much. Sooner or later a group of people is gonna be like, what's going on with, like, I'm not, I'm not liking all these bags here. There's too many bags

Raymundo: 50:09

going on. You're like, another Airbnb. What? You're gonna put something on that

dervin: 50:15

So for me, right? Like my goal is to pay attention to how the world is evolving and changing and make sure I'm putting some of this additional cash flow to work in a way where my fam is not left behind. Mm-hmm. Hmm. if there's a drastic change in my lifetime, that's where I'm at right now. Like that's what the pandemic has done for me. Mm-hmm. in terms of mindset you know, big tech this whole past year of like layoffs and stuff, all this, all these things that are happening. My mindset right now is like the world is changing in our lifetime. It's also one of the easiest times to accrue wealth. But like, how can I be mindful and aware effectively enough to like make the right decisions to position myself and my fam for the next 10 to 30 years because the next. Immediate five years are going to be really fucking weird guys. Bro. I'm saying that to the audience. It's gonna be really Write the book really weird.

Raymundo: 51:15

They're Durbin. Write the book, bro. I scare people. Trust you bro. I don't want, I don't, I actually, I say I'm not listening no more. I'm not listening to Myron Goldman no more. I'm listening to Derbin. That's it. Nah bro. Nah, not I'm just kidding. I like about it going but like when you look on how to do business, one thing that says that you gotta be, you have to be on top of the trends to survive. Change is inevitable. And you're, yo, you got the fucking financial, yo, you got the financial binoculars like I see in, I see. Librium on Lithium is about to be up. I remember you told me that shit was going up way before it went. And that shit is up. I said it wrong, lithium. I made it, I dunno. what's it called?

dervin: 51:57

Lithium or you, you're talking about like lithium? The lithium the what's my like, like what's in our batteries or Are you referring to E Ethereum? Because if you're referring

Raymundo: 52:11

for lithium both.

dervin: 52:16

Both are, listen man, you both are in bad investments, okay? Both are in bad investments. I'm pretty Ethereum crypto based, I'm pretty sure close to decent applications. Ethereum right now and the web three space and web three is the next phase of the internet. And it doesn't hurt to put some cash in there if a lot of what's going to be built in the future might be on that network.

Raymundo: 52:40

And in what's Web three? Web

dervin: 52:42

three, right? So, What I was gonna say about lithium is that like anything with the screen probably has lithium in it or lithium battery in it. Oh, okay. So investing in in

Raymundo: 52:51

that definitely. Oh, yeah. Investing the thing that you use is a good way to start. Absolutely. The, what is it? The Wall Street broker.

dervin: 52:59

What is Web three? I like to, here's how I like to describe Web three. I like to describe Web three as the next iteration or phase of the internet worldwide web. Right. So like right now we're in a web two era where there's big monopolies on like some of these tech companies because of the, the way that they are hoarding data to sell products and advertisements to us more effectively on some of these platforms. Right. Web three gives us a means to cut those middlemen out in some scenarios where they might act or be able to act maliciously, whether that be in the financial space with decentralized. Means of access to financial tools like Duffy or you know, smart contracts that cut out the, the need for a, middle man unnecessarily in, in some arrangements and things of those sorts. Essentially there's more opportunity for you as a user or creator individual for sovereignty, right? A sovereignty and control of your own content how you monetize that content and how your data is used if you understand the technology in particular that this is being built on. For example, like the blockchain in itself, there's a, I feel there's a pretty large misconception that people have that there's this privacy aspect to it. It's not private at all. It's literally a ledger. It's made to track everyth. Anonymity is not the same as privacy. And as long as you keep that in mind and you understand that when you're maneuvering in that space, you should be fine. And you should be able to identify what to stay away from and, and what

Raymundo: 54:26

to explore. Damn, yo, what a fucking 50th episode you'll be here dropping this knowledge that I'm like, yo, I can, a lot of my episodes, yo, you don't understand. A lot of my episodes doesn't help me with my life, my own voice saying, yo, if you love somebody you haven't talked to them in a while, God forbid something happens. I'm like, call that person right away. Or I've been slacking, or I, or I've said I was gonna do something. I slipped up on it if I hear myself saying it. But this is one of those like, well, I'm gonna look back and like, yo, after this episode, I started listening, following trends, I started learning about web three. I started learning about the cultus. You know what I mean? Like certain things certain things, the. That can help me with my life, man. And y'all listening, man, I hope y'all wrote a lot of shit down. Cause a lot of this stuff is gonna be useful for the future or can be useful for right now, but there's so much when it comes to building um, financial success so you can have a good foundation for generational wealth. And one thing I wanted to speak about briefly was high level skills fucking right now what you call it, coding content creation, which I mean, I don't know. I don't know how to create my content. I don't know how to create, I don't, I'm not really, but I feel like it, it is fun and copywriting, YouTube, all these

dervin: 55:38

things right now. So, so those are, those are all, all various different ways, skills to like allow you Consistent means to access more cash flow. Cuz you have those skills, those skills are valuable to people. You can charge people for services, you can do all types of stuff. Right? So more cash flow. It's what you do with the cash flow afterwards. Right? Make it work, grow it. Investing In terms of the generational wealth though, there's an additional step after you've like gotten consistent with all of that. That I feel like is the hurdle and hum for people and it's understanding how to un avoid taxes. I'm gonna be like super frank and straightforward. You gotta, that's right on my list to wealthy people. Like that's a high level fucking skill. Like understanding that like this tax shit it like, we don't wanna pay it either. you know what I'm saying? That's the truth. It was made, it was medical business owners and you pay a lot of taxes but mm-hmm they also don't pay a lot at the same time and they do so legally. And one of the ways that folks like once. Gotten these high level skills. They've used them as a means to accrue more cash flow. They've invested and they've put that money to work, and now they wanna protect their wealth. what I've seen is just from research and what I'm, I'm in the process of doing right now is just better estate planning, right? Life insurance policies that you're funneling through a trust, right? Some folks funnel all the businesses that they own through a trust. Some folks are, are paying out these policies on their family members and things of those sorts through the trust. Just so like beneficiaries, the trust can borrow against it. When the time is right it's, you can get so creative with it. But essentially that, that in terms of passing down that wealth over time, generation to generation, doing so through a trust. as beneficiaries or even like having foundations where you're funneling revenue to as donations and then paying the trust out from there like you can get so crazy. I know I'm confused folks.

Raymundo: 57:31

Those skills that are like high level skills that can help you build bread make well help you make money to add to the income, and then learning about taxes is another play. Cause when it comes to having a business or, or being a homeowner, they say the, the taxes were made for them and re you know, re definitely Republicans, you know what I'm saying? So,

dervin: 57:52

why, why you say definitely Republicans

Raymundo: 57:55

because they always wanna make sure their taxes is not cut down and the Democrats is always trying to get some of their taxes, so, you know,

dervin: 58:03

don't, especially when it comes to the taxes and the financials. I'd say don't, don't get too caught up in the whole Democrat, Republican

Raymundo: 58:10

thing. Oh, no, no, bro. Listen, listen, I'm, I don't believe in any of them. I don't believe in none of it. Just when I think of Republicans, I think of them hanging on to their money. Cause the tax, cause the tax is made for pretty much, I feel like it's made for the wealthy or the, the landowners, the business

dervin: 58:28

owners. So as, as a, as a nerd historian, right. I know that. And we should, we should all remember that a group of folks angry about taxes, Dennis said a bunch of shit on fire at a tea. Just as the taxes on their constitution afterwards. Right. Because that doesn't make any sense. And I also know that it was pretty sure Mr. Woodrow Wilson, who used propaganda. And, you know, some historians might argue that he didn't use propaganda, but I think it was clear propaganda to miseducate the people into believing that the act, he passed the Federal Act, he passed changing the, the primary source of revenue for the government from trade tariffs to income taxes made sense and was constitutional. And that's why like, you know, I guess we're in this predicament right now where people have to essentially you know, find various ways to, to get around the extensive tax on earned income. But that's the reason. you know what I'm saying? The, the tax thing is a problem for me. Just understanding like over time, whoa. Like that the reason why we pay income taxes is, is because of this dude and this act that he passed, changing the primary revenue stream of the government right. From trade tariffs, which makes sense. Basically like, like fees that you would accrue and profit from on trade, right? Yeah. To income taxes of your own citizens. So like whenever you hear like all your income taxes and stuff like that are covering the roads, roads and all that shit. No, no. You,

Raymundo: 1:00:00

you know what? Wait, hold on, hold on. Wait, I gotta, I gotta cut you off, right? Because when you were cut, when you were starring your thing, I'm like, Is he trying to, what is he trying to do right now? Now? And the more you're speaking, I'm like, yo, bro, we are the same. We are the same, bro. I don't fuck with politics. I think taxes is bullshit. I just know we gotta find our way to, to fuck with the system. And, and if getting a L l C get in a business, get in a crib, if that way can help us deal with the bullshit, I'm with it. But yo doing the research, I think what, when gold, when money stopped being backed by gold, when the Federal Reserve took over I know, I know. It went from there to, I don't know. I damn, I, I, I read about that, that income tax thing. But this was, I did an episode on taxes and I had a, I had a whole segment like. Smoking it, like pretty much, yo this is bullshit. This is bullshit. But then, yeah, I had an accountant on it with my bro. I'm like, I'm not gonna shit on taxes and then have him as an accountant.

dervin: 1:00:57

bro. Bro. Listen, man, the tax thing, especially here in the United States is very interesting and it's something that we should all collectively as a community explorer because I've spoken to some people and I've found some research where like, you know, some might argue that, and I don't want to get you in trouble on your podcast, but like, organizations like the irs, you know, sometimes might not necessarily like, you know, I know some people that will straight up call the IRS a criminal enterprise and that like they, what they are in, they shouldn't legally be allowed to do what they do.

Raymundo: 1:01:24

The Federal Reserve too, I mean,

dervin: 1:01:26

not, not federal organization, but a clever name. Yeah. There's a, there's a lot of shit like that going

Raymundo: 1:01:31

on. They're not even, they're not even government. not, not at all. Not at all. They make money out of thin air. There's nothing back bonded behind this. It's all digital. They pretty much, yo and I like, so I watch Impact Theory and they, he had some financial dude on there and you could tell that the, the hose got nervous and he wanted to keep talking about it, but he was like, yeah, the Federal Reserve, the ta, they all ars r irs, they all criminals. They, if some of the things that they practice, if the normal individual practice him, they will be in jail for a long fucking time. When I heard that shit, I was like, damn, I ain't look into it. But I believe it's like that, you know what I mean? Like everything just set up a certain way and then, but you gotta think about it, man. Right. Like and I, and respect to all people, man. But you know what I'm saying? My people, the way we got here, You know, slavery racism, segregation, whatever the fuck it is, it don't matter. Cause we gonna find a way. Bring it. That's why I be like, yo, bring whatever. We gonna figure it out,

dervin: 1:02:29

let's go. Why? Why do we always defer to that?

Raymundo: 1:02:33

what we went through

dervin: 1:02:34

slavery. You know what

Raymundo: 1:02:35

I'm saying? I, I don't, I don't always do. But I love the fact that there's nothing that you can bring up that we can't get through, that we can't find our way in it. Like, is, is there a problem? Feeling proud of that? Talk to me. Talk to, let me know your opinion.

dervin: 1:02:50

Nah, so, so come on, bro. I, I'm, I'm Hasting You know the history, like I

Raymundo: 1:02:54

Oh, y'all, y'all, we, y'all were the first to win a fucking battle, right? Some shit like that. You just said it on my show, Haiti.

dervin: 1:03:00

Haiti is the first country to abolish slavery in the Western Hemisphere. And not only did they do so, against some of the, or all of the world's powers at the time. Under ridiculous conditions being the wealthiest slave colony in the Western hemisphere as well with I, I'm pretty sure 95% of the island were enslaved folks with a lifespan on average of about three years. But essentially what they did after defeating them was going on a world tour and supporting and freeing others, right? Like if you were experiencing oppression or you were fighting for your independence, you likely got support from Haiti at the time, like, like on some real life Wakanda shit. Like, I mean, like gasoline sent out a message was, and to, to the whole world, and was like, yo, if you're enslaved somewhere and you escape, you are free as soon as you touch our soil. And I don't give a fuck what anyone gotta. That's awesome. Jean Dee. There's also this crazy there's this crazy thing that I'd like to say I, I call'em bullshit whitewash historians, but these dudes and gals, essentially, some of, some of them try to say tons of negative stuff about the Haitian Revolution and its level of brutality and that like, oh, they killed all the white people on the island. That's not even true, right? Because there's, you can go to Haiti right now, and there are towns in Haiti where the inhabitants of these towns look like half white, you know, half folks of African descent or, you know, some type of AOC or, you know, other melanated, you know, descent. You know what I'm saying? Just being on the islands. Mm-hmm. And the reason why is because when the conflict escalated between the enslaved and the French, for example and Haiti, the Polish and Germans on the island actually defected and fought with the enslaved against them. when they won and Des was ratifying their constitution, he put them in it basically saying like, you know, yeah. Black now pretty much yeah, I've started to go into like historical nah, nah, nah. I like that, that history is important too. Like if you wanna understand like the way things are from a global perspective, how countries accrued this type of wealth and where the conflicts of interests are and the relationships are, and how far back they go. that I'm not saying everyone has to do that. Me, I'm really into that. For my side project and things I'm working on, the history stuff's important. Can

Raymundo: 1:05:19

you come back and talk about the book? Absolutely. Absolutely. That shit sound, yo, bro. That I don't know. And the way you explain it, bro, sound fire, bro. So I want to hear about that shit. I wanna read the book first come on the show and we'll fucking. Shoot the shit about the book, man. I love, cause you know, I don't believe in anything, bro. I, I feel like if I, if it's someone trying to tell me like it's a secret something. No, no, no, no, no. Let me, let me reiterate. Of course I believe in something, but I don't believe in the shit we was told growing up, you know what I'm saying? The shit from school. So I believe more like if someone's trying to tell me like they're wrong for telling me, I believe those people So the conspiracies, all that, whatever you wanna call crazy bullshit. I always got like a, a ear to it. That's why like even though a lot of people hat Kanye for that shit, I, I saw what he was really trying to say.

dervin: 1:06:04

Kanye. But that's Kanye, that's, it's an interesting conversation right now. No,

Raymundo: 1:06:07

no. Yeah. Yeah. The, the last, I can't even get into it cuz this last thing that he was on, I can't even, I can't even give it energy, man. But let's get let's get into the trust fund, right? Which is great that you mentioned that you could put all your assets, your life insurance. everything and, and have a living trust where you can reek the benefits of the taxes while you are alive and also your family can too.

dervin: 1:06:30

So it's like a think, think of it as like a financial arrangement or agreement or it's essentially an arrangement where a third party can hold on to assets and you can give the rights to those assets to beneficiaries, right? Mm-hmm. and that, that trust or acted party Businesses and, certain policies through your trust. And then allowing beneficiaries of your trust, i e your children, their children, and so on and so on and so on, to bar against the assets from the trust policies from the. People pass away their expenses, things of those sorts. Obviously those policies come in handy. But there are things that happen, right when people transition in life. Banks get involved, all sort of stuff. And a lot of people don't have their ducks in a row when it comes to like, estate planning. And that's,

Raymundo: 1:07:14

it's an estate planning. Think

dervin: 1:07:16

that you need to be super successful and old and like, have a bunch of assets already to get started on this. But actually the trick is the earlier the better. And like when you're accruing these assets and funneling them through this, you know what I'm saying? Like for me, I want to, I want a family, like family of my own. I have a family, you know what I'm saying? I'm, I got a lot of siblings. I'm getting my ducks in a row with this. I'm collaborating with my siblings and making sure that the beneficiaries of the trust we have together are their children and my eventual children, right? Like, awesome. But, but, but you, you gotta start. Yeah,

Raymundo: 1:07:49

you gotta start. I heard you can start with three to 6,000 which I feel like is not too, it's not a big price to pay to make sure everything is taken care of, God forbid. You know what I'm saying?

dervin: 1:07:59

Yeah. You can act depending on like who you're meeting with and just partnering with you for this estate planning. You know, a little less than that. Especially if you go the route of running like a, you know, long-term or short-term term policy, like life insurance policy through your trust to get started. And there are certain like policies that you can get set up in a way where like you're paying like 25, 50 bucks a month cause I'm not even crazy. Whatever you can afford to a accrue and growth the policy over time. Some people try to say that like, term life, life insurance policies are a scam and they're not like dope and stuff like that. I personally believe that like, some term policies are okay, like, like having some term policies to cover like, mortgages and shit like that. Like if somebody was to pass away, like all of that is really smart. You know what I'm saying? Yeah. Yeah. And

Raymundo: 1:08:43

mean. You can, I don't even know if you could separate it like that, like just for your mortgage, just in case you passed for this, for that. Yeah, yeah,

dervin: 1:08:50

yeah. You know what I'm saying? Because like the, the banks will come and take shit, you know? Yeah.

Raymundo: 1:08:55

This happened

dervin: 1:08:55

to trust, trust are, are, are, are great ways to, to just protect your family's assets.

Raymundo: 1:09:00

Protect Yes. Will Will's trust. So will I, I remember I used to wonder what was the difference? The will, it takes place after you gone, but the trust is handled actively and after, and it just brings everything together. Chadwick recently, I, I think he forgot to do one of them. Either he forgot to do a w I don't know, he forgot to do one of them, that his wife only ended up getting like 1.5 and they got tax. Cause if I'm not, if I'm not mistaken, when you pass your creditors and people you owe money, have a, a certain claim. To your, to your wealth. And IRS will des they will take as much as they can with everything, man. It don't matter what it is. even in a, a moment like that, you going through some shit, they still want they bread. They don't give a fuck about your tears or none of that. So it's definitely, when you think about, when I think about trust fund, I think about protection. me giving the fuck about my family more than me. You know what I mean? But right now I'm doing it to make sure they good, bro. Cause yo, if I don't get to be the best every, if anything in my life, as long as I got to be the best dad and made sure that I, that they taken care of you know what I'm saying? For the, for the rest of their life. that's the whole objective of everything. You hear me speaking, you hear me putting, you see me putting skits together, you see me? I'm learning. I'm reading, I'm fucking building. I'm doing whatever it takes for that. Cause I feel like, what's it worth if you, if you can't leave it behind, you know, for somebody? Cause we can't take it with us. So, yeah.

dervin: 1:10:22

I mean, I'm so, I'm so happy you said that because um, yeah, you know, like I mentioned before, I'm like a history nerd too, right? And, um mm-hmm. you know, the reason why there are so many things, at least I believe the reason why there are so many things that we can't explain, right? All over the world. Monuments, sites, locations, things left behind right. Is because that is what we are supposed to do. We can't take anything with us because the point is to leave things behind, like to guide the next, to support the next, to make sure like the, the wrong paths aren't taken, or whatever path you choose to take you, you can have that choice. You know what I'm saying? Like, getting down to the, the nuance of that. Yeah man, I, I totally agree. You can't take it with you because you're supposed to leave things behind. That's the whole

Raymundo: 1:11:10

ation the whole point. At the same time. You don't wanna use that to not make sure you do stuff while you here, make it great while you here and then leave it great for those who gonna continue in your path, man. Cuz well

dervin: 1:11:21

make it great work here. And then, and then leave it behind like, yo, listen, this is how I did it. Yeah.

Raymundo: 1:11:27

hopefully we got that fucking Tony Stark technology where I pop up in 3d like, like Biggie did it in the hologram, you know what I'm saying? Or Tupac like, yo, listen I love y'all 3000 but y'all better keep my

dervin: 1:11:38

money intact. With everything happening with mixed reality ar vr, I'm sure people will be popping up as holograms in people's homes and shit. Like, yo bro, you play need at FaceTime. Very

Raymundo: 1:11:50

Oh yeah. A new, a new iteration of porn you know, you gotta throw a porn in there. let's put like, for the culture. So some social media dude was like, yo, fuck the culture Cause the culture give you an excuse to do some bullshit that, you know, you shouldn't have to do. You know what I mean? You don't need to be doing that shit, but always for the culture.

dervin: 1:12:12

man, what, what, what is the culture right now? That's, it seems like the culture's always changing.

Raymundo: 1:12:17

Yeah, man. That's what it is, man. It just, it's just good stuff for ba stuff. But yeah man, we, yeah. Talking about the trust fund to wrap it up

dervin: 1:12:24

I wanna, I wanna make sure that the, like audience understands, you know, I'm, I'm, I'm referring to like a trust in terms of a state planning, like a trust account. I hate the sound of trust fund. Because it's like,

Raymundo: 1:12:37

well, you sound like Richie Rich

dervin: 1:12:39

It's, it's an estate planning tool as well.

Raymundo: 1:12:42

Yeah, that's, yeah. That's what the trust is. Yeah. But by definition, that literally what it says in the definition estate planning tool, I was like, oh, I didn't know that Nah. But yeah, it's important to have, man. Cause you, you heard of the Rockefeller method?

dervin: 1:12:55

No. I'm familiar with the

Raymundo: 1:12:56

Rockefeller though. Yeah. Yeah. I mean, I try not to really mirror what they do, but their method is, example, I have a trust that my gr my kids get right and then I, I gotta set up for my grandkids, so then when they get of age, they set up a trust and, you know what I'm saying? So it pretty much every generation after them gets hit twice., with a trust fund and everybody borrow it is like you become your own bank cuz everybody got a trust.

dervin: 1:13:22

That's the whole purpose of it. And that's what, that's what I was referring to. Right. That's wild though. It's, it's essentially making your family beneficiaries of the trust running businesses, life and term policies, things of those sorts through the trust. It, it's almost as if you, you're, you, you don't actually own that stuff. It's owned through the trust and you're just a beneficiary.

Raymundo: 1:13:41

And that's why you can, you can tax defer because you can say, you can separate yourself from the trust and put it on the trust. And the trust already comes with tax benefits.

dervin: 1:13:50

These, these, these concepts are, are what our community needs to beat the system. Exactly. This is what we need to like, be on the same page about understand to, because that's, that's what other communities are doing. And not always, they're not always sharing those tips. Nor am I saying that they need to, but like the information's out there. and it's on us. The onus is on us to do things like this, have those discussions, and make sure that we're taking that knowledge and, and, and applying it.

Raymundo: 1:14:14

Holding. Yeah. Make sure that you sharing the Raymundo show with everybody, you know, you know, just, just your cousin, your aunt, you know what I'm saying? Yeah. Yeah. Your moms, everybody. Everybody can, you know, as long as they don't mind hearing a little f bomb every now and then between some positive shit, you know what I mean? Which we all need a little bit. And it's been scientifically proven that fuck does it is a stress reliever. A stress reliever. So, that's another story. But so yeah, get your estate planning on. Talk to an estate lawyer, do some research. Whatever you want to change about yourself, do research on, I like that. 19. He says, whatever you want to change, do research. You wanna stop smoking, do research, you wanna stop drinking, do research. That should give you a whole new different perspective. And then take your plan. Find the right person, just like a therapist that is gonna make you feel comfortable. And I feel like they make it tough because the tougher they make it for us to do something that's gonna protect us the better it is. And, you know, one of those, I believe that they really, they make it easier for certain people. but whatever, whatever's tough in this world is worth having and we need. Get into these communities of like-minded people that, that are talking about these. Like, I want to be in the ball talking about yo some trust fund this or some yo po. Yo I got what my nigga, my insurance is a hundred k dude. Oh my shrimp is 1.3 pussy. What's up? Like, you know what I'm saying? Let's start talking shit about, let's talk crack jokes about some financial shit. Like what? You only got a a two family home, you bum ass I got a six family home on fuck

dervin: 1:15:43

That, that, that com, that competitive nature does get some people going, you know, and hell yeah. It takes me back to, you know, the emphasis I was trying to put on how much, how beneficial it could be from being in the right community of people, you know, building community. So you got a close, tight-knit group of friends and they're just as ambitious as you and have the same aspirations. And, and then some hold each other accountable, like accountability partners. Like, let's get in each other's ass and make yo know

Raymundo: 1:16:08

what we supposed to do. Der gonna be like, yo, I'll do this episode with this motherfucker. Now he gonna keep asking me questions. I'm gonna be hitting him up like, yo son. Do they do this in your community? Do they do that? No, but yo, where everything's happening, this is my signature question cuz this kind of like, even to this day, kind of still fucks with my life a little bit. what role does fear play in your life? How do you look at fear?

dervin: 1:16:34

That's all I can say on it. Everything there. E everyone experiences fear. It's, it's a part of human nature. For. it propels them forward. And for others it keeps them shackled down in both instances. It's a lie. It's just when you decide to pay attention or not.

Raymundo: 1:16:51

Yeah, the front I don't know what you're doing with the podcast, but you need to keep doing it. You're fucking informative. Sense of humor. You good, bro? Like you, you got it, bro. Like, especially everyone got they thing, right? Even if you don't know what the fuck I'm talking about. Or like, my, charisma's gonna keep you listening. Right. But your knowledge, bro. The way you speak about shit is like, you was there when they wrote this shit, and that's the type of people you wanna fucking listen to. I wanna a, I wanna listen to the person that was, I feel like he was there when they wrote the shit, you know what I'm saying? Like,

dervin: 1:17:20

I got Thank you, bro. I appreciate that. I appreciate that. A to

Raymundo: 1:17:23

of course, man. How can people that heard this and then yo say, yo, I want to hear more of him. I need to follow him. His journey. What, what, where could they go?

dervin: 1:17:31

So you could follow the Growing podcast at Sound podcast on ig or check us out on Anchor Spotify, synonyms of Sound, Tony and Dov. That's the name of the podcast, synonyms of Sound. You can follow me on Instagram at Durbin evolve. You can also check out what's cooking up with my Dow project at our diaspora on Twitter, along with our diaspora.xyz as the web through website. You can also check us out on Word Cell, which is a content publishing platform in the web three space that's censorship resistant. And you can check out Diaspora Doo and what we're publishing on there in regards to our research. You could follow me on Twitter at Forge which is literally four zero rge. Just getting back active on there. Don't really like, you know, say do too much, but we'll start so soon. But if you are didn't catch all of that or don't wanna like, I guess, play it back, follow me on IG at Durbin evolve, check the link in my bio check out, you know, some of the stuff in there, whether it be like the, the galleries of like digital assets that I put out publicly or links to some of my other projects that I mentioned before. That's probably the easiest way to, to get to everything else.

Raymundo: 1:18:44

Cool, cool. Well I wanna thank you, man, for being on the show. Like what I mentioned earlier, you captured. You know what I wanted the episode to be about was dope too. Y'all ain't know I put the episode together around just what I assumed he was doing and just from what he posts, he po you know, he posts what he does and not, it's not always like that for everybody on Instagram. So, you know, don't do that with everybody, but there's certain people you just know and like, just speaking to him and him confirming everything just lets me know I'm good at, I'm good at what I'll do, man. But yo the knowledge things that you spoke about I didn't like, I never heard or heard in that way. You're gonna help a lot of people get a a lot more financially literate. Just from the knowledge that you have. Man,

dervin: 1:19:27

for real, man. I, I, I hope so. That, that isn't like, you know, I don't sell courses. I'm not a teacher or anything like that. I just took a journey myself took the same journey with a few other people. So far I'm progressing and I'm sharing that. And anyone can do it and everyone should take the initiative to try because the world is changing. And I'm gonna change with it for the better and make look at that look is, is straight, you know?

Raymundo: 1:19:51

and thanks for bringing up community the way you did. Cuz like, I feel like people overlooked that networking community is so important, man. And having the right knowledge with the right people, taking the right. That's when the old you really motherfucking diess like gets cremated, toasted And then the new you and the new you. That's built a generational wealth making moves, putting your family and friends on, and only having high level conversations like this one right here, which is the 50th episode of the Rayo Show. It was an honor to have you here, brother. You did your thing. I appreciate you. We gonna stay in touch, man. yeah, we going either, either we get back and talk about the book or there's gonna be a time that when you back here we talking about success of we'll do

dervin: 1:20:37

we'll. We'll, we'll do both. We'll do both. And I haven't mentioned this, this book project to anyone yet. This is an exclusive one here. Like even like some of the devils I'm working with on the Dow. Don't know about this. But yeah, I am cooking up a book of my album I think people will enjoy it. Can

Raymundo: 1:20:52

can you get, can we get a title?

dervin: 1:20:53

I already gave you the title during this during this segment. On this episode you

Raymundo: 1:20:58

did, but for the people that didn't hear it, the old You Must Die Oh no, that's the title. The Old You Must Die. Oh, that's fire bro. Cause I'm over here thinking I'm like, dang, he said it. What type of hosts are you? I'm not, I'm not even

dervin: 1:21:16

kidding. Like it really is like bro. I think I'm, I'm in that zone right

Raymundo: 1:21:22

now. Yeah, but you know what's dope about that though, on the first episode of this year, season three, the Transition. I spit a poem at the end called r i p to the old me that I wrote when I was 24. That's fire So check that out when you get a chance. Yeah, man. And keep support, man. Keep doing your thing and, and keep, keep influencing, keep inspiring and. and keep looking out for them. Trends, man, you, you, there's trendsetters and there's trend finders. You'd rather be a trend finder cuz then you could be a trendsetter. Appreciate you.

1:22:05

Leaving behind the legacy makes you a legend. cause like the second amendment, you have the right to protect yourself, but most importantly, your family. When you're constructing a plan to build generational wealth. You get to beat an architect. It's easy to see the big picture. When you got the blueprint. All these home. When you create. You can pass down like a syllabus in the classroom. It's not a handout. Well more like a helping hand you decided to make something of yourself. And got off the grim social media rehab. Because you could see that. You could be the first millionaire in your family, but not the last. If you learn to share. Like a post in the flow or the algorithm. You can have a rhythm that your people can rock with. No more dealing with nonsense more dollars because inflation is affecting the nation. But you can't let it happen to the future, your family. We all have to feel like it's up to us. So when we get together, It won't just be a get together. It will mean that we got it together. For something that people talk about For your life to be the reality. Of other people's thoughts. Hopes and dreams. Where'd you get the pass down. Knowledge. Ways to do things. From one generation to the next. Thank you for tuning in. To the 50th episode of the Raimundo show. It's really like the a hundred. But who's counting. Me right. This was a great season. I learned so much, went through so many changes. And I'm still here. Trying to get to the top. Of a field that I love very much. I've grown a lot. Now I'm just trying to take it to another level. I love what I've seen in my mind. But now I'm ready to bring it to reality. I like the dank durva for doing his thing on an episode. And dropping that knowledge, man, that. He was able to. Mention this stuff that if I was already in the, in the game, I would have definitely. Been able to elaborate more. But thank God I had him. But yeah. I don't know when the new season is dropping. And stay tuned. I want to make sure, I think everybody who was a part. Of making this season. Great. I love y'all all the guests. My support squad. We did a brooklyn Lynne. But so next year, Peace love Mundo out