Latest / The Steve Harvey Morning Show / Rushion Interviews Cassandra Cummings, founder of the Stocks & Stilettos Society!

Transcript

Rushion Interviews Cassandra Cummings, founder of the Stocks & Stilettos Society! · The Steve Harvey Morning Show

• 0:00
  Speaker 1: Welcome to Money Making Conversation Masterclass. I am your host,
• 0:03
  Speaker 1: Rashan McDonald. I recognize that we all have different definitions
• 0:06
  Speaker 1: of success. For you and may be the size of
• 0:08
  Speaker 1: your paycheck. Mine is inspiring people to accomplish their goals
• 0:12
  Speaker 1: and live their very best life. It is time to
• 0:14
  Speaker 1: stop reading other people's success stores to start writing your own.
• 0:18
  Speaker 1: People always talk about their purpose or gifts. If you
• 0:20
  Speaker 1: have a gift, lead with your gifts and don't let
• 0:22
  Speaker 1: your friends, family, or coworkers stop you from planning or
• 0:25
  Speaker 1: living your dreams. My next guest is Cassandra Cummings. She's
• 0:29
  Speaker 1: a leading wealth and investment strategist and founder of the
• 0:32
  Speaker 1: Stocks and Stilettos Society. It's the fastest growing online community
• 0:36
  Speaker 1: more than one hundred thousand women investors who are leveraging
• 0:40
  Speaker 1: the power of investing to achieve their wealth building goals.
• 0:43
  Speaker 1: She's a licensed financial advisor, investor, and speaker. Cassandra provides
• 0:48
  Speaker 1: her knowledge and guidance to empower others on financial literacy.
• 0:52
  Speaker 1: People everywhere should recognize her talent as we will at
• 0:56
  Speaker 1: this point. Please work with the Money Making Conversations Masterclass
• 0:59
  Speaker 1: because Andrew Commons Thank you so much. For having me,
• 1:04
  Speaker 1: thanks for having me. Well, first of all, thank you
• 1:06
  Speaker 1: you on the West Coast. You're based in Oakland, California. Yes,
• 1:10
  Speaker 1: I'm here, um right across from San Francisco and go Warriors.
• 1:17
  Speaker 1: That's the good thing. But I don't think the Warriors
• 1:21
  Speaker 1: are keeping you in Oakland, California. In California. Why Oakland California. Uh, well,
• 1:27
  Speaker 1: you're well, you're just like using social media, using the
• 1:30
  Speaker 1: internet to build your brand. But while Oakland, California, why
• 1:33
  Speaker 1: are you? Why are you there? Um? Well, I'm here
• 1:37
  Speaker 1: because this is home for me and there's no place
• 1:39
  Speaker 1: like home. So you know, Um, I came back because
• 1:43
  Speaker 1: there's a certain type of energy, there's a certain type
• 1:46
  Speaker 1: of grit that I learned while being here, and I
• 1:49
  Speaker 1: felt like I needed that energy once again in my life.
• 1:53
  Speaker 1: So I circled back after making a few pitch stops,
• 1:56
  Speaker 1: and I'm back home now. Those pitch stops. I always
• 1:59
  Speaker 1: tell people like I've lived in New York, I've lived
• 2:01
  Speaker 1: in Chicago. I've really lived I mean years, lived in
• 2:04
  Speaker 1: Los Angeles the longest fifteen years, and presently I've been
• 2:08
  Speaker 1: in Atlanti since two thousand seven, so it's about fifteen years. Here,
• 2:13
  Speaker 1: but I'm originally from Houston, Texas. Each stop, maybe a
• 2:16
  Speaker 1: better person, maybe understand that different people in different parts
• 2:20
  Speaker 1: of this country think differently, have a different set of
• 2:22
  Speaker 1: cultural rules, and also have different dreams. In your travels
• 2:26
  Speaker 1: and the places that you said you had these pitch stops,
• 2:29
  Speaker 1: how did they impact you and made you the person
• 2:31
  Speaker 1: that you are today? Well, I had a couple of
• 2:34
  Speaker 1: pit stops. I too, lived in l a Form quite
• 2:38
  Speaker 1: a long time. I think it was about ten years.
• 2:40
  Speaker 1: I finished school down there at USC and then from USC,
• 2:44
  Speaker 1: I wasn't quite ready to go home yet, and so
• 2:48
  Speaker 1: I ventured out to Houston, Texas. I actually was pursuing
• 2:52
  Speaker 1: a career as a broadcast journalist, and so I had
• 2:55
  Speaker 1: some opportunities to go out there and really work on
• 2:59
  Speaker 1: the craft of becoming a news reporter and had dreams
• 3:03
  Speaker 1: of becoming a news anchor. And then I had to
• 3:07
  Speaker 1: grow up. I had to actually go back to what
• 3:09
  Speaker 1: I knew best, and that was, you know, the money industry,
• 3:13
  Speaker 1: and ended up coming back to the West Coast, where um,
• 3:17
  Speaker 1: I started my career in financial services with a I
• 3:20
  Speaker 1: g Well, you know, I don't really use the word
• 3:23
  Speaker 1: grow up, you know, because a lot of people if
• 3:26
  Speaker 1: that was kids, a lot of people out there immature.
• 3:29
  Speaker 1: I think that the realization of where your true gifts
• 3:31
  Speaker 1: or your challenge. That's why I talk about your gifts
• 3:33
  Speaker 1: or your purpose. You know, be with it. You know
• 3:35
  Speaker 1: that's what you're doing now. You're leading with your true
• 3:37
  Speaker 1: gifts just because you want to do something like I
• 3:39
  Speaker 1: wanted to play basketball, but I just knew that that
• 3:43
  Speaker 1: wasn't my gift, nor was that my purpose. And so
• 3:46
  Speaker 1: what you just realized is that this is my true
• 3:48
  Speaker 1: gift take advantage of I remember I would tell I
• 3:50
  Speaker 1: wrote on my I was living in the l A
• 3:52
  Speaker 1: was October nine nine one, and I had a said, guard,
• 3:56
  Speaker 1: if you allow me to maximize all of my talents,
• 4:00
  Speaker 1: and I will follow the talent that will lead me
• 4:02
  Speaker 1: to my where I was supposed to go. Because we
• 4:05
  Speaker 1: all if we if when we were young, we have
• 4:07
  Speaker 1: so many visions of grandeur about what we can do well,
• 4:11
  Speaker 1: but no goal are tied. It's tied to it. That's
• 4:14
  Speaker 1: what I felt that you're back in the financial world
• 4:16
  Speaker 1: because you put goals to it, and the goals come expectations,
• 4:21
  Speaker 1: and we reached out the expectation you start reaping results.
• 4:24
  Speaker 1: Whereas I was one time in the entertainment business, I
• 4:27
  Speaker 1: was a very successful stand up comic. I just didn't
• 4:30
  Speaker 1: I couldn't become goal order with that. You're going for audition,
• 4:34
  Speaker 1: then he tell you some people said they like it,
• 4:36
  Speaker 1: and they don't call you back. They call you back,
• 4:38
  Speaker 1: then somebody else gets it. So I can't tie goals
• 4:40
  Speaker 1: to that. I'm just a logical thinking person. So I
• 4:43
  Speaker 1: just think you're just a logical thinking person and my
• 4:45
  Speaker 1: correct Scassandra, absolutely, but you know, make no mistake about it.
• 4:50
  Speaker 1: I've definitely endured a lot of rejection um that was
• 4:54
  Speaker 1: really filled in the news broadcasting world, got a lot
• 4:58
  Speaker 1: of notes sent out, a lot of demot aids UM.
• 5:01
  Speaker 1: And I would have, you know, have to say that's
• 5:03
  Speaker 1: been the case even in financial services. You have a
• 5:06
  Speaker 1: lot of clients that don't necessarily established rapport with you,
• 5:10
  Speaker 1: they don't necessarily want to work to you. That's just
• 5:13
  Speaker 1: you know, a sotal form of rejection as well. And
• 5:16
  Speaker 1: I mean I too have fire clients because it just
• 5:19
  Speaker 1: wasn't a good personality fit or you know, they were
• 5:22
  Speaker 1: looking for something that I may not be able to
• 5:24
  Speaker 1: successfully deliver on. So I mean I think it's just
• 5:28
  Speaker 1: everyday part of life dealing with those nose. And those
• 5:31
  Speaker 1: nose they make you pivot, so you end up having
• 5:35
  Speaker 1: to change course. And that's okay because sometimes when one
• 5:39
  Speaker 1: door closes, right as they say, another door opens, and
• 5:42
  Speaker 1: sometimes it could be the grand prize in that new door.
• 5:47
  Speaker 1: I agree, I agree, And I think that a lot
• 5:49
  Speaker 1: of people don't realize that, you know, they feel they'd
• 5:51
  Speaker 1: be They allow themselves to be blindsided by what your
• 5:55
  Speaker 1: own goals, and the goals might not be the right
• 5:58
  Speaker 1: goal from them. I know that, and that's why I
• 6:00
  Speaker 1: wanted to bring you on the show because just looking
• 6:02
  Speaker 1: at your your body of work, it has it has
• 6:05
  Speaker 1: tied to Joney's tied to decision making, and often times
• 6:09
  Speaker 1: when you are and I just say that, when you
• 6:11
  Speaker 1: are an attractive woman, then a lot of people will
• 6:13
  Speaker 1: not give you the credit do credit because of your attractiveness.
• 6:17
  Speaker 1: Am I wrong and making those statements like that? Absolutely? Um.
• 6:22
  Speaker 1: I've always sort of played my beauty down a little
• 6:25
  Speaker 1: bit um for the most part, and I would say
• 6:29
  Speaker 1: in recent years, I told myself, I'm not playing small.
• 6:32
  Speaker 1: This is who I am. Right that just so happens
• 6:35
  Speaker 1: that I have the brains that comes with a pretty face,
• 6:39
  Speaker 1: and I need to actually use that as an asset.
• 6:42
  Speaker 1: You are trying to uggly yourself up, no mo huk,
• 6:44
  Speaker 1: because then well, you know, I just you know, just
• 6:48
  Speaker 1: learn how to put on some eyelash, some laws. But
• 6:52
  Speaker 1: before then, you know, it was just really like, you know,
• 6:57
  Speaker 1: this is who I am. It come from Oakland. You know,
• 7:01
  Speaker 1: we don't do a lot of beautification here. I would say,
• 7:04
  Speaker 1: you know, we grew up, wasn't a lot of you know,
• 7:07
  Speaker 1: provocative clothing and things like that. We were really from
• 7:11
  Speaker 1: the town and we had a different way of maneuvering
• 7:15
  Speaker 1: here that didn't really require you to flex your beauty.
• 7:19
  Speaker 1: You really had to show improve in different ways and
• 7:21
  Speaker 1: not leave with your face. So I learned that. But
• 7:25
  Speaker 1: as I started to make those pit stops, I saw
• 7:28
  Speaker 1: really how advantageous you know, pretty as privileges, and I
• 7:32
  Speaker 1: really needed to use that to my advantage absolutely, you know,
• 7:35
  Speaker 1: like saying, look at me, I got my suit on.
• 7:36
  Speaker 1: You know what I'm saying, I'm trying to pretty. I'm
• 7:40
  Speaker 1: trying to look as pretty as I can. So you're
• 7:42
  Speaker 1: talking to you looking hands to think I like that.
• 7:47
  Speaker 1: I like that because you know, as we go through life,
• 7:50
  Speaker 1: you know, you have to like put all of your
• 7:53
  Speaker 1: all your bullets in the gun. You know what I'm saying,
• 7:55
  Speaker 1: It's just start shooting, and you want you shooting your
• 7:58
  Speaker 1: best shot and so and so. That's but the one
• 8:01
  Speaker 1: thing that we know that that you leave with is
• 8:03
  Speaker 1: your intellect. When you leave with your brand, you leave
• 8:06
  Speaker 1: with the fact that you have you can provide a
• 8:09
  Speaker 1: strategy or f natural goals that can change people's lives.
• 8:13
  Speaker 1: Tell a little bit of how you came to be
• 8:15
  Speaker 1: a wealth and investment strategist. It was really from my
• 8:18
  Speaker 1: college mentor. Her name is Angela, and I mean this
• 8:24
  Speaker 1: woman is was a powerhouse, and you know, I wanted
• 8:30
  Speaker 1: to emulate her. And I saw her moving and shaking.
• 8:34
  Speaker 1: She was a bond trader here um at Citing Stock Exchange.
• 8:38
  Speaker 1: She worked in finance, and I was like, I want
• 8:41
  Speaker 1: to be like her when I grow up because I
• 8:44
  Speaker 1: came from you know, very humble beginnings for on welfare
• 8:48
  Speaker 1: and I had an opportunity to now have a mentor
• 8:52
  Speaker 1: have someone that could you know, get my foot in
• 8:55
  Speaker 1: the door and really show me the ropes um. And
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  Speaker 1: so that was really my introduction to financial services. It
• 9:02
  Speaker 1: was my introduction to really putting myself out there to
• 9:07
  Speaker 1: help others. She is so generous with her time, with
• 9:10
  Speaker 1: her knowledge, and that's something that I just wanted to
• 9:13
  Speaker 1: emulate and it just really became a part of who
• 9:16
  Speaker 1: I am. Now we'll be right back with more Money
• 9:19
  Speaker 1: Making Conversations Masterclass with Rushan McDonald. Now, let's return to
• 9:25
  Speaker 1: Money Making Conversations Masterclass with Rushan McDonald. Now, and you
• 9:30
  Speaker 1: say who you are? So now you are a mentor? Yes,
• 9:34
  Speaker 1: now you are a leader. Now responsibility comes with that. Yes,
• 9:43
  Speaker 1: I mean I never imagined the impact that I would have,
• 9:47
  Speaker 1: Like I saw the impact she had, but I think
• 9:51
  Speaker 1: I have definitely ten x that in it. I definitely
• 9:54
  Speaker 1: did had impact on you before you know, social media
• 9:57
  Speaker 1: got out there, you know for the then that became
• 10:00
  Speaker 1: the craze. So you know, she shehart, she's a lot
• 10:04
  Speaker 1: more intimate, a lot more personal or now you know,
• 10:07
  Speaker 1: you post up on lengthdin, you post up on social media,
• 10:10
  Speaker 1: people a d M, you and all these things and
• 10:13
  Speaker 1: whether you will respond to them or not, sometimes you
• 10:15
  Speaker 1: don't want to, and sometimes you have to something. Yes,
• 10:18
  Speaker 1: people to follow you to build your brand and your relationship.
• 10:21
  Speaker 1: That that's the world you live into. Now you're you're
• 10:24
  Speaker 1: the founder of the Stocks and Stilato Society. What exactly
• 10:28
  Speaker 1: is that? So it's an online community of women investors.
• 10:32
  Speaker 1: And I mean we've got women in there who are
• 10:35
  Speaker 1: at the very beginning of their investing journey, haven't even
• 10:38
  Speaker 1: bought their first stock. We've got women who are in
• 10:41
  Speaker 1: there with you know, multimillion dollar portfolios. So there are
• 10:45
  Speaker 1: black women in there that run the gamut. And we
• 10:47
  Speaker 1: really wanted to create this space where women could really
• 10:51
  Speaker 1: feel comfortable about talking about money, whether it would be
• 10:54
  Speaker 1: questions like you know, how do you even buy a
• 10:56
  Speaker 1: stop too? You know, I need to do a tax
• 11:00
  Speaker 1: loss harvesting. And so we wanted to create that space
• 11:03
  Speaker 1: where women who were well seasoned and investing could also
• 11:08
  Speaker 1: help and embrace the ones who were coming up in
• 11:11
  Speaker 1: this investing game. And I think this community has done
• 11:15
  Speaker 1: a great job of making sure that we leave no
• 11:18
  Speaker 1: system behind. Now, when you say one hundred women investors,
• 11:24
  Speaker 1: is that a is that a newsletter? Is there a
• 11:27
  Speaker 1: Facebook club? Where where are these? Where are these one
• 11:31
  Speaker 1: hundred thousand women apologizes? So we have currently we have
• 11:35
  Speaker 1: about nineties six thousand in a Facebook groups. Yeah, yeah,
• 11:41
  Speaker 1: and then we have about eighteen thousand on our Facebook page,
• 11:45
  Speaker 1: and we have about forty thousand on Instagram, and so collectively,
• 11:50
  Speaker 1: when we look across all of our social media platforms,
• 11:54
  Speaker 1: some huge numbers. Now I'm just gonna let you know
• 11:57
  Speaker 1: that you know, this is this is this is ninety
• 12:00
  Speaker 1: six thousand in your Facebook group, which is you know,
• 12:03
  Speaker 1: if you watch Facebook, there were a lot of commercials
• 12:05
  Speaker 1: encouraging people to join groups, you know, and then you
• 12:08
  Speaker 1: also on your Facebook page you have eighteen thousand, and
• 12:14
  Speaker 1: then on Instagram you got another forty thou Yeah, Now
• 12:19
  Speaker 1: do you all do uh retreats? We do? We um
• 12:25
  Speaker 1: what we do a signature event called the Stocks to
• 12:28
  Speaker 1: Star some in in Vegas every year October six through
• 12:31
  Speaker 1: the AID or the first weekend in October. And it
• 12:35
  Speaker 1: is a party unlike any other. I mean, I've never
• 12:38
  Speaker 1: seen a group of women come together around the idea
• 12:42
  Speaker 1: of investing and have so much fun. And we learn
• 12:46
  Speaker 1: from some of the top people in the industry. So
• 12:49
  Speaker 1: it's folks, and you know, I call it entertainment. We
• 12:52
  Speaker 1: come out, we have a good time, we learn how
• 12:54
  Speaker 1: to grow our money, and then we get to business.
• 12:56
  Speaker 1: We get down to business after we leave there. Okay,
• 12:59
  Speaker 1: now October six through the Okay, in our in Vegas.
• 13:04
  Speaker 1: What hotel y'all at? We got one of the best
• 13:14
  Speaker 1: buffets and vegans. I'm a buffet. I love buffaith I
• 13:17
  Speaker 1: love buffet's already hotel, I got one of the best buffeties.
• 13:20
  Speaker 1: I mean, you go in there. They got it all
• 13:22
  Speaker 1: up in there. Now, I just wanted to test thee
• 13:27
  Speaker 1: You're my only thing with Cassandra comference. You know, I'm
• 13:29
  Speaker 1: testing her. You know, you know the people come on
• 13:31
  Speaker 1: this show, you know they throw our numbers all the time,
• 13:34
  Speaker 1: and actually you know, well you know I'm trying. I'm trying,
• 13:37
  Speaker 1: but she has just she just set me back. You know,
• 13:39
  Speaker 1: where were showing six thousand. You can round up if
• 13:42
  Speaker 1: you want to. You you you got you know, mad
• 13:44
  Speaker 1: that's a that's either way. You see anything above point five,
• 13:48
  Speaker 1: you round up anyway. That's okay. Now, if you really
• 13:53
  Speaker 1: if you really think I'm front eighteen thousand sitting over there, okay,
• 13:57
  Speaker 1: if you really think in front of forty thousand sitting
• 13:59
  Speaker 1: over there now, if you really think up front Vegas,
• 14:01
  Speaker 1: you know, as a multi day event, you know, I
• 14:04
  Speaker 1: told me six through the egg you know at the Aria.
• 14:08
  Speaker 1: You know we're not off the beaten track with the Aria.
• 14:12
  Speaker 1: You know when you going there, everything everything is controlling
• 14:14
  Speaker 1: that hotel room by the phone, the phone controlled everything,
• 14:18
  Speaker 1: turn back through lives, the every lives open, the front door,
• 14:22
  Speaker 1: back door, back and then Lord of Shade everything the Aria.
• 14:25
  Speaker 1: I know exactly when you're at whoa, we all on
• 14:29
  Speaker 1: the strip, on the strip. I love it. So how
• 14:34
  Speaker 1: long after you have this? Uh? The Stocks and Stiletto
• 14:37
  Speaker 1: Society has been around And when did this start? Uh? Well,
• 14:42
  Speaker 1: we've been around since two thousand and sixteen, so six years.
• 14:46
  Speaker 1: And it started after I left Morrow Ledge. I was
• 14:50
  Speaker 1: talking with a friend and I was just telling drop
• 14:55
  Speaker 1: name again. She dropped the area. Just see, I just
• 14:58
  Speaker 1: love talking she just drops his name. I left, Marylynch,
• 15:01
  Speaker 1: you know, just left. I just I had something to do.
• 15:04
  Speaker 1: Oakland girl here. I just started winning Live Floss and
• 15:06
  Speaker 1: Eland a couple of weeks ago. You know, I've been
• 15:10
  Speaker 1: winning naturally I've been winning naturalizes. So so I'm making
• 15:19
  Speaker 1: money over here, absolutely so. So. Meryl Lynch. And the
• 15:23
  Speaker 1: reason the reason I bring that up because of the
• 15:25
  Speaker 1: fact that in order to get respect you have to
• 15:28
  Speaker 1: be respectable brands, And when you with respectable brands and
• 15:33
  Speaker 1: you made the decision to lead a respectable you have
• 15:36
  Speaker 1: to have a goal. Now that goal might not happen immediately,
• 15:39
  Speaker 1: but you know that, Okay, what they're doing doesn't fulfill me.
• 15:44
  Speaker 1: There's a lot of people watch my show, listen to
• 15:46
  Speaker 1: my show, the trapped in jobs because they're afraid to change,
• 15:51
  Speaker 1: They're afraid of the unknown. I'm pretty sure there was
• 15:54
  Speaker 1: some fear tied to this. How did you overcome that
• 15:57
  Speaker 1: dear of the unknown? Consentrac You know, I would have
• 16:01
  Speaker 1: to say it had to be my circle. You know,
• 16:04
  Speaker 1: it was my circle that was rooting for me. They
• 16:06
  Speaker 1: were my cheerleaders. They were like, you got this, sis,
• 16:10
  Speaker 1: You're gonna do this. And I had a very difficult
• 16:13
  Speaker 1: time really finding my lane afterwards because I had been
• 16:17
  Speaker 1: trained to do things a certain way, and so I
• 16:20
  Speaker 1: had to unlearn those things and reprogram myself to to
• 16:24
  Speaker 1: really go out here and serve in a different capacity.
• 16:28
  Speaker 1: And so it took me about a year to kind
• 16:30
  Speaker 1: of catch my footing. But I did have a conversation
• 16:33
  Speaker 1: with one friend and she was like, you need to
• 16:35
  Speaker 1: start a Facebook group, and I'm like, what is that
• 16:37
  Speaker 1: You know, because we couldn't really be on social media
• 16:40
  Speaker 1: like that with the firm. And once I opened up
• 16:45
  Speaker 1: the Facebook group, I had about fifty people and before
• 16:48
  Speaker 1: I knew it, I had like five thousand people and
• 16:50
  Speaker 1: it just took off from there. That is awesome as awesome. Now,
• 16:54
  Speaker 1: let's go back to the Las Vegas event. Yeah, and
• 16:58
  Speaker 1: what we're prompted that type of retreat and you know
• 17:02
  Speaker 1: we talked, we really didn't go take Can you break
• 17:04
  Speaker 1: down what happens on each day or they're like seminars
• 17:08
  Speaker 1: and speakers because I know there's entertainment in Vegas. There's entertainment.
• 17:13
  Speaker 1: What what is the what is the take away from
• 17:15
  Speaker 1: that type of event from a standpoint of education? Yeah, so, um,
• 17:22
  Speaker 1: we make sure you get municated, sure in a different
• 17:25
  Speaker 1: realms of investing. So Day one is our v I
• 17:28
  Speaker 1: P Day. They come out and they actually have two
• 17:30
  Speaker 1: master classes. So we have two amazing speakers come out
• 17:34
  Speaker 1: and they both teach our V I P ladies something.
• 17:38
  Speaker 1: Um that's gonna help propel them right. And then when
• 17:41
  Speaker 1: we get today too, which is the general sessions, we
• 17:45
  Speaker 1: basically have morning breakout sessions and that's gonna be either
• 17:49
  Speaker 1: between options or day trading, and then we have afternoon
• 17:54
  Speaker 1: breakout sessions and that's gonna be really centered around UM.
• 17:59
  Speaker 1: Let me remember, UM, I can't remember off the top
• 18:02
  Speaker 1: of my head, but we have to probably like crypto
• 18:05
  Speaker 1: and something else right that side hustles, So crypto inside hustles.
• 18:11
  Speaker 1: So morning we do options and day trading. In the
• 18:14
  Speaker 1: afternoon we do crypto and UM side hustles. Then on
• 18:19
  Speaker 1: the third day is when we have our panels. So
• 18:23
  Speaker 1: we have a real estate panel, we have an angel
• 18:25
  Speaker 1: investing panel, UM, we have a entrepreneurship panel this year. UM,
• 18:31
  Speaker 1: we talk about a lot of things that help women
• 18:34
  Speaker 1: take have some takeaways that they can actually go and
• 18:38
  Speaker 1: act on right away. So we give them actionable gems.
• 18:42
  Speaker 1: And it's not a bunch of fluff. You know. I'm
• 18:44
  Speaker 1: really big on, you know, getting away from the ro
• 18:48
  Speaker 1: ra rod and stuff like. I want people to have
• 18:51
  Speaker 1: things that they can't go and put into place when
• 18:53
  Speaker 1: they leave this event. We'll be right back with more
• 18:56
  Speaker 1: Money Making Conversations Masterclass with Rushan mc donald. Now let's
• 19:02
  Speaker 1: return to Money Making Conversations Masterclass with Rashan McDonald. Lem
• 19:08
  Speaker 1: gonna tell you something, you know, because I'm really impressed
• 19:11
  Speaker 1: with you and not saying that it wasn't impressed with
• 19:13
  Speaker 1: you before you came on the show. But you have
• 19:15
  Speaker 1: a certain style. I think it's very um, very comfortable.
• 19:19
  Speaker 1: I think that's important, especially dealing with your money, people money.
• 19:23
  Speaker 1: You want to be comfortable on somebody you giving your
• 19:25
  Speaker 1: money to. Don't everyone be nervous about across the table
• 19:31
  Speaker 1: with anybody now? Bit coin and cryptocurrenty, Okay, Lord knows
• 19:36
  Speaker 1: the Black community keeps getting left behind because we don't know,
• 19:39
  Speaker 1: we don't trust you know, Lord, you know we we
• 19:42
  Speaker 1: just took our money out of the mattress, you know,
• 19:45
  Speaker 1: thirty years ago, Okay, and we're still in black communities
• 19:49
  Speaker 1: dealing with these check cash and places and don't know
• 19:52
  Speaker 1: anything about apps, don't even know anything about zell anything. Okay,
• 19:57
  Speaker 1: this is true talk. Okay. I want to want to
• 20:00
  Speaker 1: turn into a couple of a couple of things into
• 20:02
  Speaker 1: little snippets for you. Can you talk to the black
• 20:05
  Speaker 1: community a boy, why they should be involved with the
• 20:08
  Speaker 1: bigcoin and then separately talk to them about cryptocurrency. Uh? Well,
• 20:13
  Speaker 1: bitcoin is definitely the granddaddy of cryptocurrency. Um, it's been around,
• 20:18
  Speaker 1: I believe about twenty years now. It's been around for
• 20:22
  Speaker 1: a long time, twelve maybe twelve years, and so you know,
• 20:26
  Speaker 1: like I say, with bitcoin, it takes time to get
• 20:30
  Speaker 1: to a certain level of you know, investment success with anything, right,
• 20:35
  Speaker 1: you've got to have sort of like this long term view,
• 20:38
  Speaker 1: even with crypto. So bitcoin has definitely gotten a lot
• 20:42
  Speaker 1: of buzz, a lot of media attention and things like
• 20:45
  Speaker 1: that because it has definitely come into its time, right,
• 20:50
  Speaker 1: it's a forty something thousands now. If you want to
• 20:53
  Speaker 1: buy bitcoin, you can still buy bitcoin. You don't have
• 20:56
  Speaker 1: to buy a full point. So if you want to
• 20:58
  Speaker 1: put a thousand dollars on bitcoin, five hundred dollars on
• 21:01
  Speaker 1: big point, you can, and you can still you know,
• 21:04
  Speaker 1: make money off of that. There are tons of all
• 21:07
  Speaker 1: coins we call those are all coins, and so those
• 21:10
  Speaker 1: are your dolge coins, your Shiba coins and things like
• 21:13
  Speaker 1: that that you can get into that are really really inexpensive.
• 21:17
  Speaker 1: And so you can put in five hundred dollars and
• 21:20
  Speaker 1: walk away with like, you know, five hundred thousand shares
• 21:24
  Speaker 1: of a coin. Why investing in some of these all
• 21:28
  Speaker 1: coins that may have the potential to rise and increase
• 21:32
  Speaker 1: as much as bitcoins. So that's really what the game
• 21:35
  Speaker 1: is now. People are looking for the next bitcoin in cryptocurrency. Um.
• 21:41
  Speaker 1: The other thing too that's really big in crypto right
• 21:44
  Speaker 1: now is really investing in coins that are tied to
• 21:47
  Speaker 1: the metaverse. I was just talking to someone this morning about,
• 21:51
  Speaker 1: you know, coins that are heavily involved in digital real
• 21:55
  Speaker 1: estate in the metaverse, and so a lot of people
• 21:57
  Speaker 1: are starting to allocate money and it could be a
• 22:00
  Speaker 1: small amount to some of these coins like Gala and
• 22:04
  Speaker 1: the Central Land and things like that that are heavily
• 22:08
  Speaker 1: connected with the metaverse and digital real estate. So there
• 22:12
  Speaker 1: are really good opportunities, especially from black people, to get
• 22:15
  Speaker 1: in with very little money and you know, very little
• 22:19
  Speaker 1: risk um with crypto. So right, digital metaverse, none of
• 22:25
  Speaker 1: that's real, it's not really you know, black people thought
• 22:30
  Speaker 1: stock market wasn't really at one. Well, I know where
• 22:33
  Speaker 1: ibm at, I know where the whole deep I go.
• 22:37
  Speaker 1: I can lose some mother hole DEEPO get mad and
• 22:39
  Speaker 1: on deepot digital real estate. Huh huh. And that's the
• 22:44
  Speaker 1: part that we have to cross that line over understanding
• 22:48
  Speaker 1: the reality of n f t s. You know, the
• 22:53
  Speaker 1: college athletes learning about els, all these things were fast
• 22:59
  Speaker 1: moving into a society where education really may never catch
• 23:03
  Speaker 1: up with us. So it means that the ability to
• 23:06
  Speaker 1: be a participant may never be an opportunity. And so
• 23:11
  Speaker 1: bringing you on my show at least helps us understand
• 23:15
  Speaker 1: that there are people like us. There's a community of
• 23:18
  Speaker 1: women out there who don't want to be average. You
• 23:21
  Speaker 1: don't want to be left in the back, who want
• 23:24
  Speaker 1: to be able to say, how can I be a
• 23:26
  Speaker 1: party of this? Now, you have a little program called
• 23:28
  Speaker 1: build a Bag of Wealth. I think that's the best
• 23:31
  Speaker 1: way to close up with you and this interview. But
• 23:34
  Speaker 1: also want I have a show. I do my show
• 23:36
  Speaker 1: live on Tuesdays on w CLK Campus. I take phone calls.
• 23:40
  Speaker 1: I love to invite you on my live show. It
• 23:43
  Speaker 1: also plays back on my national platform. But you are
• 23:45
  Speaker 1: so engaging, and whenever I bring an investor on somebody
• 23:48
  Speaker 1: talking about stock, the phone flight up. And that's why
• 23:51
  Speaker 1: I know these black folk want to know how to
• 23:53
  Speaker 1: make some money. I mean I can bring on celebrities,
• 23:56
  Speaker 1: no calls, I bring on somebody talking about stock home
• 24:00
  Speaker 1: they find their way to that phone. So I know
• 24:03
  Speaker 1: there's education that they want, but the opportunity to participate
• 24:08
  Speaker 1: they're being left out on, So talk about your build
• 24:11
  Speaker 1: a bag of wealth. Yeah. So build a Bag is
• 24:15
  Speaker 1: a program that um I came up with to teach
• 24:18
  Speaker 1: women and man. It's actually open to everyone. Um how
• 24:22
  Speaker 1: to trade options. And options are contracts um to buy stocks.
• 24:28
  Speaker 1: You're not obligated to buy them, but oftentimes, you know,
• 24:31
  Speaker 1: we don't have a lot of money to get into
• 24:33
  Speaker 1: the stock market to buy the Amazon's, to buy the
• 24:36
  Speaker 1: Google's because they're just really priced, you know, extremely high.
• 24:41
  Speaker 1: But if you learn how to trade contracts, you can
• 24:44
  Speaker 1: still make money off of Amazon or IBM or home
• 24:47
  Speaker 1: depot would have you with very little money. And so
• 24:51
  Speaker 1: we have designed this program called build a Bag where
• 24:55
  Speaker 1: we show people how to go from five hundred dollars
• 24:58
  Speaker 1: to five thousand dollars and me about a month and
• 25:01
  Speaker 1: a half to two months. See see see I am
• 25:08
  Speaker 1: about talking about staff. So we should have started out
• 25:11
  Speaker 1: with that conversation five the five thousand dollars. You know,
• 25:16
  Speaker 1: some we're gonna book you on my show My Money
• 25:19
  Speaker 1: Makes Mother Master Clay, I'm firing some people off the
• 25:22
  Speaker 1: show to bring you on this. Okay, they need to
• 25:26
  Speaker 1: trade options, they need to here. Okay, we're gonna start
• 25:29
  Speaker 1: off with the five other dollars to five thousand dollars
• 25:32
  Speaker 1: in the market. We don't that conversation though immediately, but
• 25:36
  Speaker 1: you've been fantastic. I thoroughly enjoyed it. I'm glad you
• 25:39
  Speaker 1: contact me. I'm glad we contacted you. It was it
• 25:42
  Speaker 1: was a synergy. My people were reaching out to you
• 25:44
  Speaker 1: and you naturally reach it out to me. I know
• 25:46
  Speaker 1: that you'll be hearing from me again. I want to
• 25:47
  Speaker 1: bring you on my live show. It's just like this
• 25:50
  Speaker 1: very funny NBR airs on a lot of twin HBCU
• 25:54
  Speaker 1: campus at seven one stations nationwide with number one week
• 25:57
  Speaker 1: and show on Black radio in America. But more under,
• 26:00
  Speaker 1: you are number one in my financial heart. Okay, we're
• 26:02
  Speaker 1: gonna we're gonna win together here girl, five hundred dollars
• 26:05
  Speaker 1: of five thousand dollars of the month. I'm looking forward
• 26:09
  Speaker 1: to it. I appreciate you. Thank you for coming on
• 26:10
  Speaker 1: Money Making Conversation master Class. Thank you. If you want
• 26:14
  Speaker 1: to see or here into my interviews, please go to
• 26:17
  Speaker 1: money Making Conversation dot com. I am Rashan McDonald. I
• 26:20
  Speaker 1: am your host