Latest / The Steve Harvey Morning Show / Rushion Interviews Investing simplified with Financial Advisor from Morgan Stanley, Sonia Balfour-Fears. | "Power Book IV: Force" star Anthony Flemming reveals big news!

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Rushion Interviews Investing simplified with Financial Advisor from Morgan Stanley, Sonia Balfour-Fears. | "Power Book IV: Force" star Anthony Flemming reveals big news! · The Steve Harvey Morning Show

• 0:04
  Speaker 1: Welcome to Money Making Conversations. It's the show that she
• 0:07
  Speaker 1: is the secrets of success experience firsthand by marketing and
• 0:10
  Speaker 1: Brandon expert Rashan McDonald. I will know he's given me
• 0:13
  Speaker 1: advice to many occasions. In accasion didn't notice, I'm not broke.
• 0:17
  Speaker 1: You know. He'll be interviewing celebrity CEOs, entrepreneurs and industry
• 0:20
  Speaker 1: decision makers. It's what he likes to do, it's what
• 0:23
  Speaker 1: he likes to share. Now it's time to hear from
• 0:25
  Speaker 1: my man, Rashan McDonald. Money Making Conversations. Here we go.
• 0:30
  Speaker 1: Welcome to Money Making Conversations Masterclass. I am your host
• 0:33
  Speaker 1: from Sean McDonald. I recognize that we all have different
• 0:36
  Speaker 1: definitions of success. For you, it may be the size
• 0:38
  Speaker 1: of your paycheck. Mine is basically inspiring people to accomplish
• 0:42
  Speaker 1: their goals and live their very best life. I always
• 0:45
  Speaker 1: tell people on this show and every episode, it's time
• 0:47
  Speaker 1: to stop reading other people's success stories and really start
• 0:49
  Speaker 1: writing your own. People always talk about their purpose or
• 0:52
  Speaker 1: their gift. If you have a gift, lead with your
• 0:54
  Speaker 1: gift and remember this, don't let your friends, family, or
• 0:57
  Speaker 1: co workers stop you from planning or living in your Dreams,
• 1:01
  Speaker 1: My guests, so money Making Conversations. Master Class Today is Anthony.
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  Speaker 1: Anthony flem In the Third Anthony as an actor and
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  Speaker 1: is known for his role in Fox. Some of these
• 1:10
  Speaker 1: are just some of the role. Man has a tremendous
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  Speaker 1: resume Foxes television series prison Break. He's also appealed on Divergent,
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  Speaker 1: NBC's Chicago Fire. But currently he's starting in the shows
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  Speaker 1: that I watched every Sunday. Power Book four fours, a
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  Speaker 1: ten episode drama said in Chicago. One of my favorite
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  Speaker 1: cities is the third in Starmer to the Power Universe.
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  Speaker 1: You know Power University, you know got an MC Universe,
• 1:33
  Speaker 1: you got DC Universe, Now you got Power University. It's
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  Speaker 1: the fourth book. Powell breaks apart and comes together all
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  Speaker 1: different types of family or everybody is surrounded by Tommy.
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  Speaker 1: But here's a character that JP did. He plays on
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  Speaker 1: the show Gifted jazz musician. Let him know. I played,
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  Speaker 1: you know, B flash saxophone and tenor saxophone, But I
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  Speaker 1: know I have no skill beyond that. Who owns and
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  Speaker 1: operator at blues club with his ailing father that has
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  Speaker 1: been the target of several attacks by local gang members.
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  Speaker 1: As Richard JP's life feels he still cares to pain
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  Speaker 1: and never having a mother in his life and having
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  Speaker 1: a son he has no relationship with. JP's world is
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  Speaker 1: thrown off his axis when he crosses path with the
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  Speaker 1: one and Only Tommy. Please. Welcome to Money Making Conversations Masterclass,
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  Speaker 1: Anthony Flaming the Third. How you're doing, sir, I'm doing great.
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  Speaker 1: How you doing? Brother? Oh? Pretty good? I try to
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  Speaker 1: say everything up. Man, let everybody know who I'm talking to. Anthony.
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  Speaker 1: Tell us a little bit more about you. Where you
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  Speaker 1: based at right now? Anthony born and raised in Chicago.
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  Speaker 1: I currently live in Chicago. Well, I was in Chicago
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  Speaker 1: with Steve Harry. Now I was up to doing this
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  Speaker 1: talk show from twenty twelve to twenty seventeen. So Chicago
• 2:38
  Speaker 1: quickly became one of my favorite cities. Man, now that
• 2:43
  Speaker 1: I do, I will tell you this, and you could
• 2:45
  Speaker 1: probably agree with me on this. I have clothes that
• 2:47
  Speaker 1: I had to buy because of the winner. I can't
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  Speaker 1: wear nowhere else. Anthony, you got you got to dress
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  Speaker 1: in Chicago. You know how it is. You got to
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  Speaker 1: lay your up right. I got the hats, I got,
• 3:01
  Speaker 1: I got facial I got everything, but the beauty of Chicago.
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  Speaker 1: Talk to us a little bit about that. That That that
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  Speaker 1: that the culture of Chicago, the black Culture's Chicago the
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  Speaker 1: scenes because the food's outstanding, the black cultures outstanding. And
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  Speaker 1: that little summer it gives you is amazing. The little
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  Speaker 1: summer it gives you really makes you appreciate it. Doesn't
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  Speaker 1: it come un these winters? Yes? Um, But yeah, Chicago.
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  Speaker 1: You know, I'm born and raised here, so I'm a
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  Speaker 1: little biased, but I think it's you know, it's a
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  Speaker 1: fantastic city. It's a great place to grow up. I've
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  Speaker 1: heard it said that Chicago is a city that can
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  Speaker 1: both break your heart and feel your heart at the
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  Speaker 1: same time. Yes, there is a there is a duality
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  Speaker 1: to my city that I think resonates with a lot
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  Speaker 1: of people. So I'm sure it's that way in a
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  Speaker 1: lot of cities, but Chicago. I really feel it here,
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  Speaker 1: and Tommy is definitely feeling it um as she comes
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  Speaker 1: here and tries to set up camp. Well, you know,
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  Speaker 1: the interesting part about it is that being the fact
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  Speaker 1: that I lived in New York four years, I'm originally
• 4:00
  Speaker 1: mused in Texas. I lived in New York for years,
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  Speaker 1: so I know that the whole apple, the whole borough atmosphere.
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  Speaker 1: How you know, how you really you know, the transportation
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  Speaker 1: is different When he came to Chicago, I knew it
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  Speaker 1: would be a different field because you know, you really
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  Speaker 1: do have to drive everywhere in New York. You really don't.
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  Speaker 1: They have transit systems in Chicago, but New York, you
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  Speaker 1: really can be a guy who don't need a drive.
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  Speaker 1: It's license in New York. And when you get to Chicago. Well,
• 4:28
  Speaker 1: what your relationship was introduced? How I'm just letting everybody know.
• 4:31
  Speaker 1: I watched a series of regularation, but I'd like for
• 4:33
  Speaker 1: you to just tell the audience your relationship with Tommy
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  Speaker 1: so we can build off of that. No storytelling. You're
• 4:39
  Speaker 1: talking about JP's relationship. Yeah, Well, JP and Tommy meet
• 4:44
  Speaker 1: at a time when, as you had mentioned, JP is
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  Speaker 1: sort of in a desperate situation. His father is sick.
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  Speaker 1: Him and his father owned this jazz club together. His
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  Speaker 1: father is also a musician, and this jazz club is
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  Speaker 1: sort of a dream for both of them. So his
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  Speaker 1: father is sick, just putting JP in a financial crisis.
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  Speaker 1: So he's the club is in foreclosure and also it's
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  Speaker 1: getting shot up by local gang members and he doesn't
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  Speaker 1: understand why. So he is a brother who is losing
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  Speaker 1: pieces of himself, his father, his club, he's estranged from
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  Speaker 1: his son. He has that residual pain and memory of
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  Speaker 1: not growing up with his mother. So he's losing pieces
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  Speaker 1: of himself, as is Tommy. Tommy is rolling into town
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  Speaker 1: having left everything in New York behind. You know, he
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  Speaker 1: leaves town with just such tragic loss that he's experienced.
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  Speaker 1: Everyone who's ever been close to him is gone or
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  Speaker 1: has pushed him away, some by his own hand, you know.
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  Speaker 1: So he's got his car, is that beautiful Mustang. He
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  Speaker 1: drives a bag full of cash and a couple of
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  Speaker 1: burning phones, and he's coming to Chicago to start over,
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  Speaker 1: to reimagine what he can be. But it's a whole
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  Speaker 1: new city to learn the whole new grid. As you know,
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  Speaker 1: Chicago is not New York. There's both big cities, but
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  Speaker 1: they're both different cities. So he's got to learn the
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  Speaker 1: whole new situation here. But also he had to learn
• 6:06
  Speaker 1: that you and him are walking shoots, superciz of the streets.
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  Speaker 1: When he had power, he was running with his board
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  Speaker 1: ghosts and both were drug dealers. You're not remotely in
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  Speaker 1: the drug game. Drug business. I want to get into
• 6:17
  Speaker 1: the drug business. How do you deal with that characterization
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  Speaker 1: of of of eventually learning about who he really is,
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  Speaker 1: but also the fact that he comes into your character's
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  Speaker 1: life and he is your I guess you can say
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  Speaker 1: half brother Tommy is. He is my heaven brother. Yeah,
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  Speaker 1: and that's something that is very real. And being that
• 6:36
  Speaker 1: you're black and he's white and technically you know what
• 6:38
  Speaker 1: I'm saying from a visual exactly, but still, you know,
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  Speaker 1: none of that really matters when it comes to family,
• 6:45
  Speaker 1: because that's real. I mean, there's there's no family that
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  Speaker 1: is all just one thing. I think you'll find that
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  Speaker 1: mixing and interracial mixing and a lot of families. You know,
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  Speaker 1: I myself and interaction. My father is black, my mother
• 6:55
  Speaker 1: is Filipino, right, so you know that we are trying
• 7:00
  Speaker 1: to find our shared pass. We both have this shared
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  Speaker 1: past that we don't remember. So when Tommy comes into town,
• 7:08
  Speaker 1: you know, the grandmother is the connection and the show.
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  Speaker 1: He is going to visit his grandmother once he finds
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  Speaker 1: out his grandmother is alive, and that's where him and
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  Speaker 1: I meet. So it's about finding out who we were
• 7:19
  Speaker 1: once upon its time. It was funny because he you know,
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  Speaker 1: he would like you know, his character because it was
• 7:25
  Speaker 1: shocked and surprise. But you know what I think I
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  Speaker 1: love about that Joseph who plays the character, the lead
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  Speaker 1: character of the series, who came over from Power, is that,
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  Speaker 1: you know, Tommy is a guy who just shakes it
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  Speaker 1: off his character. You know, you give him information, he
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  Speaker 1: just shakes it off. You know, he shoot somebody, he
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  Speaker 1: shakes it off. He finds it, he finds out to you,
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  Speaker 1: his brother, he thinks about it. Go okay, okay, whatever,
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  Speaker 1: let's let's let's let's let's roll you. You you're my kid.
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  Speaker 1: I'm good with it, and so let's let's go back
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  Speaker 1: to you know, I'll be honest with you, you know,
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  Speaker 1: all the way to Power series with the very first episode.
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  Speaker 1: And then I remember when I read the reports about
• 8:01
  Speaker 1: fifty Cents doing a series owned stars about a drug
• 8:06
  Speaker 1: dealer who owned a nightclub. To me, I couldn't even
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  Speaker 1: wrap my head around that is something I would watch.
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  Speaker 1: I really did first. But but they've developed talking about
• 8:16
  Speaker 1: Courtney Kemp and him have developed such a series. It's
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  Speaker 1: really family driven. It's face about family. So tell us
• 8:23
  Speaker 1: about your journey before you became cast on this series
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  Speaker 1: with the original series, and what what what what? What
• 8:31
  Speaker 1: attracted you to the Power original series? And then what
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  Speaker 1: motivates you to continue and the successful role As to
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  Speaker 1: your plans JP, well, you know, to keep it on
• 8:40
  Speaker 1: one honest, I was into the original series while it
• 8:43
  Speaker 1: was out, but I wasn't, you know, dying hard. I
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  Speaker 1: knew it because I know Joseph personally. You know, Joseph
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  Speaker 1: is from Chicago, and him and I have worked together
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  Speaker 1: on stage before, so we've you know, we've been on
• 8:54
  Speaker 1: stage before and we've remained friends over the years. So
• 8:57
  Speaker 1: my connection to the show was through him, right, And
• 9:00
  Speaker 1: but once I was cast in the show, of course,
• 9:04
  Speaker 1: Marathon the whole the whole Verse season I'm talking about. Man,
• 9:07
  Speaker 1: it was like sixty five episodes in a very short
• 9:10
  Speaker 1: amount of time. Yes, sir, But you get pulled in
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  Speaker 1: that way. The characters are so well written, they're so dynamic,
• 9:17
  Speaker 1: they're so complex, they're so flawed in a lot of ways,
• 9:21
  Speaker 1: you know, and incomplete, and everybody's searching for something. Power
• 9:25
  Speaker 1: is always shifting, and everybody's always trying to grab that
• 9:27
  Speaker 1: power in whatever form that they are that they are
• 9:31
  Speaker 1: chasing it, you know, and like you say, it's also
• 9:33
  Speaker 1: about family. Tommy comes into town and it's about how
• 9:37
  Speaker 1: his effect is on other families, houses effect on the
• 9:41
  Speaker 1: CBI brothers. You know, what is Tommy doing to that family? Yeah?
• 9:44
  Speaker 1: What is his what is his presence doing to the
• 9:47
  Speaker 1: Flynn flamming? You know the Flynn family. That's hard to
• 9:50
  Speaker 1: say real quickly, but you know the family that's been
• 9:53
  Speaker 1: established here in Chicago and our story, Um, you know
• 9:56
  Speaker 1: he's coming in and disrupting things. You know, the daughter
• 9:59
  Speaker 1: and the Sun both kind of want to do their
• 10:00
  Speaker 1: own thing with Tommy. So those layers of what makes
• 10:03
  Speaker 1: it interesting correct anthem definitely. And then you know in
• 10:07
  Speaker 1: the scene there's a scene where Tommy and JP and
• 10:11
  Speaker 1: JP's father are sitting around talking and you know JP's
• 10:15
  Speaker 1: father is just like, you know, who is this white boy? Right?
• 10:17
  Speaker 1: What are your what are your intentions? Uh breazing back
• 10:21
  Speaker 1: into town? You know, what are you trying to get
• 10:22
  Speaker 1: out of JP? So yeah, all of that family dynamic
• 10:25
  Speaker 1: is just lay it throughout the show, and I think
• 10:27
  Speaker 1: it pulls everybody in because I mean, maybe not to
• 10:31
  Speaker 1: this heightened level for everybody, but it's definitely something that
• 10:33
  Speaker 1: resonates with our power fan base. We'll be right back
• 10:37
  Speaker 1: with more Money Making Conversations Masterclass with Rushan McDonald. Now,
• 10:45
  Speaker 1: let's return to Money Making Conversations Masterclass with Rashan McDonald.
• 10:50
  Speaker 1: Or the thing about it I always tell people, because
• 10:53
  Speaker 1: I was looking at The Fast and Furious nine, you know,
• 10:55
  Speaker 1: if you look through that whole storyline, that's all they
• 10:58
  Speaker 1: talk about his family, you know, every so it always
• 11:00
  Speaker 1: ends there at some dinner table where a unite. So
• 11:03
  Speaker 1: you know, the whole concept is family. They can race
• 11:07
  Speaker 1: cars and blow it up and all that stuff, but
• 11:08
  Speaker 1: it always goes back to family. Same thing with power,
• 11:12
  Speaker 1: same thing with ghosts. It's about family. And so in
• 11:15
  Speaker 1: this story they really introducing the rather unique relationship because
• 11:20
  Speaker 1: no one would have seen this coming. You know, Tommy
• 11:23
  Speaker 1: going to Chicago, who has a half brother who's black,
• 11:26
  Speaker 1: whose mom had a relationship with a black man. So
• 11:29
  Speaker 1: Tommy has to deal with that relationship. But he's also,
• 11:32
  Speaker 1: like you said, introduced to all these other families where
• 11:34
  Speaker 1: he's just like flipping switches. He plus he's carrying that
• 11:38
  Speaker 1: baggage from New York into Chicago. So when you when
• 11:42
  Speaker 1: you looking at all this this world, this I would
• 11:46
  Speaker 1: say confusion, but I say, drama happen to line you?
• 11:49
  Speaker 1: How does your character layer itself into this show? Well,
• 11:54
  Speaker 1: Tommy is in jpne you know, they're they're vetting each
• 11:57
  Speaker 1: other out. Tommy is trying to see can he trust JP? Right?
• 12:01
  Speaker 1: You know? Can? Can we? Can I pull JP in?
• 12:05
  Speaker 1: And that's another thing Tommy has to decide once he
• 12:07
  Speaker 1: finds out that he does have family here in Chicago
• 12:09
  Speaker 1: with JP. How do you protect him? Do you pull
• 12:12
  Speaker 1: them closer to you or do you push them away
• 12:14
  Speaker 1: from you? Do I want to bring them into this
• 12:16
  Speaker 1: fold or you know? Now, I'm gonna just keep it
• 12:19
  Speaker 1: moving past them. But I think the more that they uncover,
• 12:22
  Speaker 1: the more that they discover about their shared pass and
• 12:24
  Speaker 1: JP and Tommy sees JP's intentions, I think we'll see
• 12:29
  Speaker 1: JP definitely playing a bigger role in Tommy's world. I
• 12:32
  Speaker 1: had to has to it. And I'm gonna just give
• 12:34
  Speaker 1: you some backstory on our you know, PowerBook four fours
• 12:37
  Speaker 1: when it premiered, if it premiered to the highest numbers
• 12:40
  Speaker 1: in Stars history, and I was one of those people
• 12:42
  Speaker 1: who generated that premiere and it comes on every Sunday
• 12:46
  Speaker 1: on Stars. I'm on them on the East Coast, So
• 12:49
  Speaker 1: it's on eight o'clock, So I'm two and seven o'clock Central,
• 12:51
  Speaker 1: eight o'clock on the West Coast, and I just find
• 12:54
  Speaker 1: the characters. You know, the episode can anywhere be from
• 12:57
  Speaker 1: forty five to an hour and five minutes long. They
• 13:00
  Speaker 1: make very each week. But when I when I look
• 13:02
  Speaker 1: at your characters, because I want to die, dive deeper
• 13:05
  Speaker 1: into that because of the fact that we kind of
• 13:07
  Speaker 1: talked about it. You know, you've been you've had a
• 13:09
  Speaker 1: pain for life. You know, you grew up without a mom,
• 13:12
  Speaker 1: your father's ailing, and then you have a son. So
• 13:15
  Speaker 1: and I think that's really important because we're talking about
• 13:17
  Speaker 1: a black man who, in the culture that we live in,
• 13:21
  Speaker 1: not to have a son in his life. So give
• 13:23
  Speaker 1: everybody to the backstories. Why isn't that Why isn't your
• 13:26
  Speaker 1: son in your life? And JP's son is not in
• 13:30
  Speaker 1: his life and he was until he was about three
• 13:32
  Speaker 1: maybe four years old. JP loved becoming a father and
• 13:35
  Speaker 1: he loves his son very much. That's also, you know,
• 13:38
  Speaker 1: feeds into the tragedy of it. This is a brother
• 13:40
  Speaker 1: who wants a relationship with his son. You know, m
• 13:45
  Speaker 1: JP came out to his wife at the time that
• 13:47
  Speaker 1: he was gay, and when that happened, when he decided
• 13:51
  Speaker 1: to live his life that way, his wife at the
• 13:56
  Speaker 1: time took their son away from him, and JP has
• 14:00
  Speaker 1: tried to find him after all this time, in many
• 14:02
  Speaker 1: years as far as the backstory is concerned, but he
• 14:05
  Speaker 1: can't find them. So essentially he has no connection to
• 14:09
  Speaker 1: a child of his who is out here in the world,
• 14:11
  Speaker 1: and that it's just a big void, a big hole
• 14:15
  Speaker 1: in JP's life, you know. Um. So that's why when
• 14:18
  Speaker 1: he's uncovering more and more about his past and how
• 14:21
  Speaker 1: his mother Kate Tommy and JP's mother Kate left JP
• 14:25
  Speaker 1: to raise to raise Tommy, you know, he is repeating
• 14:29
  Speaker 1: that pattern and that cycle, and it's just weighing very
• 14:33
  Speaker 1: heavily on JP. He wants nothing more than to be
• 14:36
  Speaker 1: a father to his son, um. But when he did
• 14:39
  Speaker 1: come out, which takes a lot of bravery to do that,
• 14:43
  Speaker 1: to be able to say I'm going to stop living
• 14:44
  Speaker 1: my life as a lie and I'm going to live
• 14:46
  Speaker 1: it honestly. But he did that and it cost him dearly.
• 14:50
  Speaker 1: It costs him a relationship with his son, you know.
• 14:53
  Speaker 1: And the tragedy of that is is something that you know,
• 14:58
  Speaker 1: was real, really great to work with as an actor,
• 15:03
  Speaker 1: to really dive into that and to see Howard shapes
• 15:05
  Speaker 1: and forms JP's world. Cool. Now I'm talking to Anthony
• 15:10
  Speaker 1: Fleming the Third. He plays your role JP on this
• 15:13
  Speaker 1: very on the very popular power book Forward Force. He
• 15:16
  Speaker 1: plays Tommy's half brother. Um, you know, I have a daughter,
• 15:20
  Speaker 1: and because when I when I look at your character,
• 15:24
  Speaker 1: you know, I think about I'm kind of mad when
• 15:27
  Speaker 1: I say that. But this is just let me finish it,
• 15:29
  Speaker 1: because this is a good thing. Because if if my daughter,
• 15:34
  Speaker 1: you know, if I left me at three for some
• 15:36
  Speaker 1: reason I couldn't control, and then I saw her again
• 15:40
  Speaker 1: at sixteen or eighteen and eighteen, I would be so
• 15:43
  Speaker 1: hurt because I know there were so many things that
• 15:46
  Speaker 1: I would have taught her, I would have poured into
• 15:50
  Speaker 1: her that would have made her. I feel a better
• 15:52
  Speaker 1: person that I get from your care. That's am I
• 15:56
  Speaker 1: reading the same type of hurt that you're delivering on
• 15:58
  Speaker 1: screen in your character. It feels like when you look
• 16:01
  Speaker 1: at that photo, it's a lot of pain in that
• 16:04
  Speaker 1: photo because you know what could have been if you
• 16:06
  Speaker 1: would have been allowed to live a life as a
• 16:09
  Speaker 1: father for this young man. Oh, there's definitely pains. There
• 16:14
  Speaker 1: is so much pain associated with having a child of yours,
• 16:18
  Speaker 1: something that came from your body. Yes, sir, that is
• 16:22
  Speaker 1: out here in the world and you have no connection
• 16:24
  Speaker 1: to it. You don't know if that child is one alive.
• 16:29
  Speaker 1: If it is the child is alive, is it's safe,
• 16:32
  Speaker 1: it's my child taking care of you know, basic needs,
• 16:35
  Speaker 1: and you know, what is the relationship? How is this
• 16:38
  Speaker 1: child seeing the world? What is this child experience? So
• 16:42
  Speaker 1: not to have any connection is it's heartbreaking, you know,
• 16:47
  Speaker 1: it's it's his biggest regret and it's his biggest the
• 16:52
  Speaker 1: biggest pain in his life. Definitely, where's your character going
• 16:56
  Speaker 1: as far as the evolution of the character in these
• 16:58
  Speaker 1: overall ten episodes, that's all they shot for this, and
• 17:01
  Speaker 1: it looks like those ratings are where I think they are.
• 17:04
  Speaker 1: We're all going to be seeing more episodes in the future.
• 17:07
  Speaker 1: That has not been announced yet as we are interviewed
• 17:09
  Speaker 1: on this particular episode, but probably four forced by man.
• 17:13
  Speaker 1: I enjoy your character, Anthony. I enjoy the show. You know, Uh,
• 17:18
  Speaker 1: sometimes it's over the top of the head I'm watching television.
• 17:20
  Speaker 1: I ride with it. I ride with it because it's
• 17:22
  Speaker 1: fun and you know Rachean, we actually did get picked
• 17:26
  Speaker 1: up for season two. Congratulations, man, congratulations. Let's say it
• 17:30
  Speaker 1: get loud, man, because because I read the article. You know,
• 17:33
  Speaker 1: I think I've read the article the just that I
• 17:35
  Speaker 1: mean last week or something like that where everybody kept
• 17:38
  Speaker 1: asking them Joseph, was he picked up? Was it picked up?
• 17:40
  Speaker 1: He said? And heard yet and normally the show was
• 17:43
  Speaker 1: picked up around this time. Congratulations, how you feel, brother,
• 17:47
  Speaker 1: Man excited? So you know, we got picked up a
• 17:50
  Speaker 1: season two. The news just dropped yesterday, so it's fresh
• 17:55
  Speaker 1: for a lot more. Man. I'm so happy because they
• 17:58
  Speaker 1: can delve into your character, man, because I want to
• 18:00
  Speaker 1: see you know, because it's a lot because you know
• 18:03
  Speaker 1: the fact that you know that you're gonna have to
• 18:05
  Speaker 1: introduce your character to your son. First of all, first
• 18:08
  Speaker 1: you have to find out who you are, and they
• 18:09
  Speaker 1: have to realize that you know, you're you're gay, and
• 18:12
  Speaker 1: your dad. Those are a lot of dynamics that has
• 18:14
  Speaker 1: to be worked out. So I think that, Man, it's
• 18:16
  Speaker 1: gonna be fun watching you man, and in the future
• 18:19
  Speaker 1: episodes and also in the next season because that character
• 18:23
  Speaker 1: that you're playing, Anthony resonates with me because of the
• 18:27
  Speaker 1: fact that I am a father, and it resonates to
• 18:29
  Speaker 1: me because I know that I don't want to experience
• 18:33
  Speaker 1: your pain, but I can relate to your pain if
• 18:35
  Speaker 1: I was denied an opportunity because I'm one of those
• 18:37
  Speaker 1: passionate people that you know, I want to be a dad,
• 18:40
  Speaker 1: I want to be a parent, and that's what that
• 18:42
  Speaker 1: role is being played out on your character. Now, did
• 18:45
  Speaker 1: you do any research or this is something that's naturally
• 18:47
  Speaker 1: within you? This is the when you're giving directions by
• 18:50
  Speaker 1: the director or casting what what? What? What tips or
• 18:54
  Speaker 1: steps did they give you to play this out? Or
• 18:56
  Speaker 1: you say, hey man, this is how I'm gonna deal
• 18:57
  Speaker 1: with it. Uh, I see this character going in this direction.
• 19:01
  Speaker 1: Tell my audience how does that play itself out? When
• 19:03
  Speaker 1: you building out a character like this that's so unique, well,
• 19:07
  Speaker 1: you know, of course, the writers, Courtney Kemp and her
• 19:09
  Speaker 1: amazing writing team have developed the story in each individual
• 19:14
  Speaker 1: character to be you know, so so multifaceted, certain so layered.
• 19:21
  Speaker 1: But then as an actor, you know you're hired to
• 19:23
  Speaker 1: do a job. You're hired to bring your skill set
• 19:27
  Speaker 1: and you know some of your interpretations and perspective to
• 19:30
  Speaker 1: the role. So we've been been a blessing. It has
• 19:34
  Speaker 1: been such a blessing to be able to do that
• 19:36
  Speaker 1: with this particular character. You know, I feel this cat
• 19:39
  Speaker 1: in my bones. You know, I'm a parent myself, yes,
• 19:41
  Speaker 1: and you know I know the joy, so you know
• 19:43
  Speaker 1: where I'm coming from. I know where you're coming from.
• 19:46
  Speaker 1: You know, I know where you're coming from. So I
• 19:49
  Speaker 1: know that joy and that feeling and the things that
• 19:51
  Speaker 1: you try to teach your children and how you want
• 19:53
  Speaker 1: your children to be out here in the world, and
• 19:58
  Speaker 1: so you know, I drew on a lot of personal
• 20:00
  Speaker 1: experiences for this role, for sure, when it comes to
• 20:03
  Speaker 1: being a parent, when it comes to you know, JP
• 20:06
  Speaker 1: loves his father. It's his hero. You know, my father
• 20:09
  Speaker 1: was my hero and someone who I was very close to,
• 20:12
  Speaker 1: and he's someone who introduced me to jazz. I would
• 20:15
  Speaker 1: have loved to for me and my dad to open
• 20:17
  Speaker 1: up a jazz club because you know, he grew up
• 20:20
  Speaker 1: and he put that love of jazz and me and
• 20:22
  Speaker 1: you know, to this day, it's my favorite music. So
• 20:24
  Speaker 1: it's been great to connect on that level as well.
• 20:27
  Speaker 1: I'm letter rdy know, I'm talking to Anthony Fleming the Third.
• 20:31
  Speaker 1: He plays the incredible character JP Gibbs newly renewed power
• 20:38
  Speaker 1: for us. You know, I want to thank you man
• 20:41
  Speaker 1: for coming on The show Man because of the fact
• 20:42
  Speaker 1: that I just try to tell stories. I try to
• 20:44
  Speaker 1: tell stories with people who I feel like I have
• 20:46
  Speaker 1: an interesting story to tell. I know that you are
• 20:49
  Speaker 1: you working on any other projects outside of Power right there? Are?
• 20:53
  Speaker 1: I know COVID lift is dropping. I know you're based
• 20:55
  Speaker 1: out of Chicago. What does the future look like for
• 20:57
  Speaker 1: Anthony Fleming outside of Power? You know, I'm just keep grinding, baby,
• 21:02
  Speaker 1: keep hustling. You know, some auditioning for stuff I'm getting
• 21:04
  Speaker 1: told no, you know, because that's that's another thing storytelling.
• 21:08
  Speaker 1: Just so you know, the actors, the grind never stops.
• 21:11
  Speaker 1: You get told no way more than you get told yes.
• 21:13
  Speaker 1: So you know, you got to keep hustling. You got
• 21:15
  Speaker 1: to stay hungry. That's one thing I would always stress
• 21:18
  Speaker 1: and tell people who come into this industry and keep
• 21:21
  Speaker 1: sharpening your skills, keep honing your craft. So I'm steady
• 21:24
  Speaker 1: doing that. I got a couple of things projects that
• 21:26
  Speaker 1: I'm working on. You know, I also do voiceover work.
• 21:29
  Speaker 1: I can hear it. I can hear it. Yeah, Like
• 21:33
  Speaker 1: it's just still a twenty five percentity of and then
• 21:35
  Speaker 1: I be a happy camp, happy camp here, brother, No man, really,
• 21:39
  Speaker 1: you know because like I said, my background just a
• 21:42
  Speaker 1: little bit before wrap. You know, I started out as
• 21:44
  Speaker 1: a stand up comedian, left the career as IBM, where
• 21:47
  Speaker 1: I was at a math degree, so I was out
• 21:49
  Speaker 1: there grinding, So I know exactly. You know, you have
• 21:52
  Speaker 1: to put the work in. You have to have faith
• 21:55
  Speaker 1: in yourself. You know, you have to believe that. You
• 21:58
  Speaker 1: have to create relationships. That's word as well, because you're
• 22:02
  Speaker 1: not going to make it in this business by yourself.
• 22:04
  Speaker 1: You gotta be able to have people you can count on.
• 22:06
  Speaker 1: And like you said, you have a relationship with Joseph
• 22:08
  Speaker 1: even before you really became a fan of the series Power,
• 22:12
  Speaker 1: and I'm sure that helped you out as well. But again, man, again,
• 22:15
  Speaker 1: congratulational series being renewed, Anthony, and thank you for coming
• 22:18
  Speaker 1: on Money Making Conversations Master Clay. You're a fantastic brother. Hey,
• 22:21
  Speaker 1: thanks man, I appreciate it. Thank you. If you want
• 22:24
  Speaker 1: to hear any interviews or seeing interviews on Money Making
• 22:26
  Speaker 1: Conversations Masterclass, please go to Money Making Conversation dot com.
• 22:30
  Speaker 1: I'm Rushan McDonald. I am your host. We'll be right
• 22:32
  Speaker 1: back with more Money Making Conversations Masterclass with Rushan McDonald.
• 22:38
  Speaker 1: You are now tuned into the Money Making Conversations Minute
• 22:42
  Speaker 1: of Inspiration with Rushan McDonald. Hi, I'm Rushan McDonald for
• 22:45
  Speaker 1: Money Making Conversation Masterclass with your daily Minute of Inspiration.
• 22:48
  Speaker 1: Doing a conversation with producer and founder of American Black
• 22:51
  Speaker 1: Film Festival with Jeff Friday, he shared how important it
• 22:54
  Speaker 1: is for those who make it in Hollywood to open
• 22:56
  Speaker 1: doors for others, so metaphorically Hollywood club. And when we
• 23:01
  Speaker 1: get in the club, we gotta go back to the
• 23:03
  Speaker 1: door say yo, I'm not going into My boy can't
• 23:05
  Speaker 1: come up. And that's what people like like Abra Duvene
• 23:08
  Speaker 1: have done, and that's what you know Ryan done. When
• 23:10
  Speaker 1: you look at a movie, it might be three hundred
• 23:13
  Speaker 1: people who get a check. There's only only keen or
• 23:16
  Speaker 1: in front of the camera. What about the other two
• 23:18
  Speaker 1: hundred and ninety people who you don't know, who have families,
• 23:21
  Speaker 1: who have families too. If you're going to be at
• 23:23
  Speaker 1: the forefront of this fight, you gotta bring you gotta
• 23:26
  Speaker 1: go back to the front door, and you gotta let
• 23:27
  Speaker 1: your boys, you know, or go open the back door,
• 23:30
  Speaker 1: let them do whatever the door you go to. You
• 23:32
  Speaker 1: can listen to this full interview with Jeff Friday is
• 23:34
  Speaker 1: available on Moneymaking Conversations dot com. Now let's return to
• 23:38
  Speaker 1: Money Making Conversations Masterclass with Rashan McDonald my guests on
• 23:43
  Speaker 1: your Fears. Let me look background on't I say that?
• 23:45
  Speaker 1: The very top of the show. Financial advisor and Global
• 23:48
  Speaker 1: Sports and Entertainment Director with Morgan Stanley. She began working
• 23:51
  Speaker 1: in the financial services industry in two thousands. Then she
• 23:54
  Speaker 1: joined Bank of America Merrill Lynch in two thousand and six.
• 23:57
  Speaker 1: So if you're have any phone calls that you want
• 23:59
  Speaker 1: to make, this is the time to make those phone calls.
• 24:02
  Speaker 1: She has since transitioned to Morgan Stanley, where she is
• 24:04
  Speaker 1: one of the one of the feud and two percent
• 24:07
  Speaker 1: of Morgan Stanley's financial advised to obtain the Global Sports
• 24:10
  Speaker 1: and Entertainment Director of destination as of January of this year.
• 24:14
  Speaker 1: Please work with the Money Making Conversation Master Class sun
• 24:16
  Speaker 1: your Fears? How are you going to sign you? Good evening?
• 24:19
  Speaker 1: Good evening, Rashan, thank you for helping me, Well, well,
• 24:22
  Speaker 1: thank you, well, you know it's I think that with
• 24:25
  Speaker 1: gas prices. You know, some areas going over five dollars.
• 24:28
  Speaker 1: A lot of people want to know what's going on
• 24:31
  Speaker 1: with their money. I guess, uh, do you get? Are
• 24:33
  Speaker 1: you getting? Are the phone calls that you're getting now
• 24:35
  Speaker 1: different from the phone calls that you got doing the pandemic?
• 24:38
  Speaker 1: They are? And the reason being, um, the reason why
• 24:42
  Speaker 1: they're different. Of course, you know, we have the pandemic
• 24:46
  Speaker 1: and and and then we had unrest and you know
• 24:51
  Speaker 1: with with police, and now we have a war. Um,
• 24:56
  Speaker 1: and the tensions in Russia and Ukraine for a lot
• 25:00
  Speaker 1: of us is different, and so people are nervous. There's
• 25:05
  Speaker 1: a lot of anxiety, and the calls, although similar, because
• 25:10
  Speaker 1: there were anxieties there. Um, these anxieties are unknown for
• 25:15
  Speaker 1: a lot of people. So they are a little different. Yeah,
• 25:19
  Speaker 1: because our reason you can say that because did you
• 25:21
  Speaker 1: look at television's Let me just answer myself the question
• 25:25
  Speaker 1: to myself. For instance, when when the civil arrest was here,
• 25:28
  Speaker 1: when the George Floyd situation, the pandemic is here. When
• 25:31
  Speaker 1: I walked out my front door, I had to deal
• 25:33
  Speaker 1: with either wearing a mask or not going out in
• 25:35
  Speaker 1: the front door. I had to deal with worrying about
• 25:38
  Speaker 1: the police, the police where they where they stopped me
• 25:40
  Speaker 1: because I will stop several times. One was because my
• 25:42
  Speaker 1: tag was expired. I was nervous. Whereas the war, I
• 25:46
  Speaker 1: can just turn the TV off. I can ignore it
• 25:48
  Speaker 1: in the sense even though it's going on. But they
• 25:50
  Speaker 1: ignoring still doesn't mean it's not impacted me. Because my
• 25:54
  Speaker 1: gas I went to fill up yesterday and I looked
• 25:58
  Speaker 1: down it was like five thirteen sense because I used
• 26:01
  Speaker 1: premium gas in my car, and I was like stunned.
• 26:03
  Speaker 1: I was like, wow, this is ridiculous because on TV
• 26:06
  Speaker 1: they only give you the lower's price gas, the regular premium,
• 26:10
  Speaker 1: the regular gas. So but there's gas out there in
• 26:13
  Speaker 1: some places five and six dollars a gallon. But in time,
• 26:17
  Speaker 1: that also tells people who because you deal with people
• 26:19
  Speaker 1: on retirement accounts, you deal with people who don't know
• 26:23
  Speaker 1: if they can take their money in or redirect their money.
• 26:25
  Speaker 1: And we're always talking about closing the black wealthcap, so
• 26:29
  Speaker 1: you have a lot of questions to come in you.
• 26:30
  Speaker 1: The first question I'm gonna ask you, what is the
• 26:34
  Speaker 1: wealth cap the black wealth gap? Is there any possibility
• 26:37
  Speaker 1: that being closed in my generation? And if so, how
• 26:41
  Speaker 1: can that be achieved? That's an excellent question. It's something
• 26:48
  Speaker 1: that you hear a lot more younger people talk about,
• 26:53
  Speaker 1: which which is very very encouraging to me. And really
• 26:58
  Speaker 1: by having the door open ones one often is the
• 27:03
  Speaker 1: greatest component to increase the black dollar and wealth in
• 27:08
  Speaker 1: the black community. Education is another way what we what
• 27:14
  Speaker 1: we need is more people who look like us to
• 27:17
  Speaker 1: understand the different components of building wealth. And and that's
• 27:21
  Speaker 1: where we start to really understand how you build wealth.
• 27:26
  Speaker 1: Because when you understand, we can work towards closing the gap,
• 27:31
  Speaker 1: you know, having the opportunities really to talk to youth
• 27:36
  Speaker 1: in an engaging way and to not only focus on finance,
• 27:41
  Speaker 1: but promote financial literacy so that we can shed light
• 27:46
  Speaker 1: on the mindset and the discipline needed to become wealthy,
• 27:50
  Speaker 1: because it's discipline just like the same kind of discipline
• 27:54
  Speaker 1: that it takes. And I know you're an early riser
• 27:57
  Speaker 1: to wake up early year, to wake up early, and
• 28:02
  Speaker 1: for those who can do that and have the discipline
• 28:05
  Speaker 1: to regardless of what's going on, to get their rest
• 28:09
  Speaker 1: so they can start early and they can have a
• 28:12
  Speaker 1: full day, the discipline to exercise every day. It's the
• 28:18
  Speaker 1: discipline to really understand and have a mindset to be
• 28:26
  Speaker 1: intentional about understanding what your money can do for you
• 28:30
  Speaker 1: and understanding what you need to do to allow your
• 28:34
  Speaker 1: money to work for you. You know, and when I
• 28:36
  Speaker 1: thank you for that information, he just told us. When
• 28:39
  Speaker 1: you was talking to your opening credits, I talked about
• 28:42
  Speaker 1: when you was at Merrill Lynch, you created the first
• 28:46
  Speaker 1: African American mother daughter wealth management team with your daughter.
• 28:50
  Speaker 1: So I'm assuming that the conversations and the approaches were
• 28:54
  Speaker 1: different as the people you were dealing. I want to say,
• 28:58
  Speaker 1: in your age group or the group that came to
• 29:00
  Speaker 1: you for financial advice and the group that came to
• 29:03
  Speaker 1: her for a financial vice, what what was the Was
• 29:06
  Speaker 1: there any common denominators or they were just extreme people
• 29:10
  Speaker 1: looking for extreme different different approaches to their financial strategies.
• 29:16
  Speaker 1: So the common denominator and that's what you see now,
• 29:20
  Speaker 1: and that's why I'm encouraged about the wealth gap closing,
• 29:25
  Speaker 1: is the fact that people that are my age, or
• 29:31
  Speaker 1: people that are looking towards retirement or putting together and
• 29:37
  Speaker 1: a state plan, or people that are my daughter's age,
• 29:43
  Speaker 1: they all want and need guidance. You know. That's that's
• 29:48
  Speaker 1: the common denominator. People that don't do this every day,
• 29:54
  Speaker 1: and is not investing people's money and not putting together
• 29:59
  Speaker 1: financial plan for people so that they have that guide
• 30:04
  Speaker 1: to help them through life and not have to worry
• 30:07
  Speaker 1: about it. They really don't know. And you know, so
• 30:12
  Speaker 1: we have physicians, and we have athletes, and we have
• 30:19
  Speaker 1: business owners, and they are very good at what they do,
• 30:23
  Speaker 1: but they don't do this every day. And if they
• 30:26
  Speaker 1: don't do this every day, they don't really have that
• 30:29
  Speaker 1: roadmap at their fingertips to help guide them through knowing
• 30:34
  Speaker 1: what their numbers are and knowing that based on the
• 30:37
  Speaker 1: seven life priorities, what the numbers look like that will
• 30:42
  Speaker 1: make that retirement plan successful. And so that's a common
• 30:47
  Speaker 1: denominator that young or middle age or older need the
• 30:53
  Speaker 1: knowledge and need the guidance to be able to fulfill
• 30:57
  Speaker 1: their goals and have an effective plan towards building wealth. Son, you,
• 31:02
  Speaker 1: where aren't more my knowledges involved in stock activity? And
• 31:08
  Speaker 1: I thought about it, of course while you are on
• 31:09
  Speaker 1: the break um and why are people sitting on the
• 31:12
  Speaker 1: sidelines as you ask? And I think it's important for
• 31:16
  Speaker 1: a lot of people to identify why they're nervous, so
• 31:20
  Speaker 1: we know there's a lot of anxiety now because of
• 31:23
  Speaker 1: the tension with Russia and Ukraine. But from from there,
• 31:28
  Speaker 1: you know people identifying why they're nervous. They need to
• 31:32
  Speaker 1: look at the intended use of their assets and what
• 31:37
  Speaker 1: they plan to invest in. And if you're clear on
• 31:41
  Speaker 1: your goals and you're confident on your timeline, and you
• 31:45
  Speaker 1: understand that there are highs and lows in investing, you
• 31:49
  Speaker 1: really should be fine. A lot of people are nervous
• 31:54
  Speaker 1: because they don't know and they're not being prepared, and
• 31:58
  Speaker 1: so working with the financial professional, so you understand that
• 32:03
  Speaker 1: the market has heaps and flows and that over the
• 32:07
  Speaker 1: past one hundred years, and you can physically look at
• 32:11
  Speaker 1: the charts and look at all of the many crisises
• 32:16
  Speaker 1: that's occurred over the past eighty to one hundred years
• 32:19
  Speaker 1: and understand that even though those crisises occurred, the market
• 32:23
  Speaker 1: still went up. And so really understanding I think that
• 32:27
  Speaker 1: will take away some of that nervousness and really being
• 32:30
  Speaker 1: prepared I think will help people. Now. In terms of
• 32:34
  Speaker 1: why minorities are not in the stock market, I really
• 32:38
  Speaker 1: don't think that's necessarily the case anymore. I really see
• 32:42
  Speaker 1: a lot more minorities getting into investing but working with
• 32:48
  Speaker 1: the financial professional, not as many. You hear about a
• 32:52
  Speaker 1: lot of younger folks now they're getting involved with cryptocurrency,
• 32:57
  Speaker 1: or they want to start investing, or or you know,
• 33:00
  Speaker 1: they have a Disney stock um and things like that.
• 33:03
  Speaker 1: So I think it's changing. It's just that we need
• 33:06
  Speaker 1: to get more involved and get to our goal where
• 33:12
  Speaker 1: we have a predominant amount of us involved in investing.
• 33:17
  Speaker 1: Let me ask you this question. So as you said
• 33:19
  Speaker 1: the word cryptocurrency, I've had experts on on my show
• 33:22
  Speaker 1: talking about cryptocurrency, talking about bitcorn, talking about stocks. Does
• 33:27
  Speaker 1: cryptocurrency and bitcors does that fall in your wheelhouse? So UM,
• 33:34
  Speaker 1: many brokerage firms, including Mortgage Stanley UM really shy away
• 33:41
  Speaker 1: from offering cryptocurrencies to our clients. Neil Um. We were
• 33:47
  Speaker 1: actually the first brokerage firm on Wall Street to offer
• 33:52
  Speaker 1: bitcoin on our platform. But you have to be an
• 33:55
  Speaker 1: accredited investor to be able to buy it. So um.
• 33:59
  Speaker 1: For for us, you have to have a million dollars
• 34:02
  Speaker 1: with us, and the minimum you can put in it's
• 34:05
  Speaker 1: fifty thousand. And again we set the criteria very high
• 34:10
  Speaker 1: because the potential for loss is tremendous and so it's
• 34:15
  Speaker 1: the potential for gain, but that volatility. A lot of
• 34:19
  Speaker 1: people that have, you know, their retirement sons, we discourage
• 34:24
  Speaker 1: them from putting that into it. You have to have
• 34:26
  Speaker 1: significant disposable assets before we would encourage that. Well, okay,
• 34:32
  Speaker 1: and so that means that that let me just slow
• 34:35
  Speaker 1: it down because you know, a million dollars you probably
• 34:38
  Speaker 1: got a lot of people hung up on micro should
• 34:40
  Speaker 1: right there. I can't even listen to this guy. I
• 34:42
  Speaker 1: don't have a million dollars, you know, because of the
• 34:44
  Speaker 1: fact that you know, we're talking about, you know, investing,
• 34:47
  Speaker 1: and so they say a small amount of money. I
• 34:51
  Speaker 1: want to invest a small amount of money. Is it
• 34:53
  Speaker 1: worth it? And let me ask that question because you know,
• 34:56
  Speaker 1: as a child, you know to just put twenty dollars
• 34:58
  Speaker 1: in a bank, but one hundred dollars in a bank.
• 35:01
  Speaker 1: Where is a starting point for investing or savings and
• 35:06
  Speaker 1: creating a relationship what a person like you or should
• 35:09
  Speaker 1: we just go to an app like a robin Hood
• 35:11
  Speaker 1: type app type to to get started? Can they come
• 35:14
  Speaker 1: to you with a small amount of money to invest
• 35:18
  Speaker 1: and start their their road their journey to financial success?
• 35:25
  Speaker 1: And so I want to say that, yes, you can
• 35:30
  Speaker 1: start with a small amount of money to invest. The
• 35:35
  Speaker 1: criteria and I give this to clients across the board.
• 35:41
  Speaker 1: Children of my clients, we have to start with savings
• 35:46
  Speaker 1: right right, And for a young adult that's starting out
• 35:51
  Speaker 1: and they're looking to buy their own, their first car
• 35:56
  Speaker 1: and potentially save to get their first home. Do you
• 36:00
  Speaker 1: have an emergency fund? You know? I always start there.
• 36:04
  Speaker 1: And the criteria to establish an emergency fund. If you're single,
• 36:09
  Speaker 1: it's six months times your monthly expenses, your electric, your rent,
• 36:15
  Speaker 1: your gas, whatever your monthly expenses are six times that amount,
• 36:20
  Speaker 1: that should be your emergency fund. If you're married or
• 36:24
  Speaker 1: your couple is three times your monthly expenses. So once
• 36:28
  Speaker 1: you've established your emergency fund, then the moneys that you
• 36:33
  Speaker 1: have left over, that's what you use to invest. And
• 36:37
  Speaker 1: you start where you are. And if it's a hundred
• 36:39
  Speaker 1: dollars a month, that's where you start. And if it's
• 36:42
  Speaker 1: a thousand or five thousand, that's where you start. But
• 36:47
  Speaker 1: I definitely encourage at any level you should start. Okay, cool,
• 36:52
  Speaker 1: I think they're back on every but I think they've
• 36:54
  Speaker 1: rejoined me. The one hundred dollars they rejoined me so good.
• 36:58
  Speaker 1: I can see the phones are lightening up now. But
• 37:03
  Speaker 1: you know, you know the fun the fun part about
• 37:05
  Speaker 1: I got all these you know, got these people on
• 37:07
  Speaker 1: TV screaming about stock and I got these different shows
• 37:11
  Speaker 1: talking about the stock market going up going down. And
• 37:14
  Speaker 1: you know, what is what is it? You're a term
• 37:16
  Speaker 1: of hot stock? What is what is Is that a
• 37:20
  Speaker 1: term that's being used on television only or that term
• 37:23
  Speaker 1: is used within your and your framework of doing business?
• 37:27
  Speaker 1: The word hot stock? You know, I get that all
• 37:32
  Speaker 1: the time. Um. You know, I I go out and
• 37:36
  Speaker 1: people are um here and understand what I do, and
• 37:40
  Speaker 1: they're asking, you know, for a trip or to you know,
• 37:46
  Speaker 1: what are the hot stocks that I should invest in?
• 37:48
  Speaker 1: And and I mean it's not a bad question, right, um,
• 37:54
  Speaker 1: but you know I have to tell them that our
• 37:56
  Speaker 1: team primarily focuses on longer term investing, So we don't
• 38:00
  Speaker 1: necessarily recommend a stock or two for short term purchase,
• 38:06
  Speaker 1: nor will we recommend just one or two for a portfolio.
• 38:11
  Speaker 1: You know, it's all about asset allocation. And if you
• 38:15
  Speaker 1: are starting if you're starting out and you cannot diversify
• 38:19
  Speaker 1: across different sectors, you know, so there's eleven different sectors
• 38:24
  Speaker 1: you may not benefit from one or two stocks, because
• 38:28
  Speaker 1: if those one or two stocks go down, then you've
• 38:31
  Speaker 1: lost all your money, right, you know, So we recommend
• 38:35
  Speaker 1: instead of picking that one or two that you look
• 38:38
  Speaker 1: at a SMP index and you put your money in
• 38:43
  Speaker 1: that index fund. And so an index fund like that
• 38:46
  Speaker 1: tracks the SMP five hundred. All of the major companies
• 38:54
  Speaker 1: in the US in the SMP five hundred. So that
• 38:57
  Speaker 1: would be the recommendation. We'll be right back with more
• 39:00
  Speaker 1: Money Making Conversations Masterclass with Rashan McDonald. Now let's return
• 39:08
  Speaker 1: to Money Making Conversations Masterclass with Rashan McDonald. You know,
• 39:13
  Speaker 1: I've been involved personally investing ever since my early thirties
• 39:18
  Speaker 1: and and as I've gotten older, you know, different people
• 39:21
  Speaker 1: I've talked to have advised me, Okay, do you want
• 39:24
  Speaker 1: to be aggressive? Do you want to be a moderate
• 39:26
  Speaker 1: or you want to be conservative? And that's those the
• 39:28
  Speaker 1: sectors you're talking about. Are those the way or how
• 39:31
  Speaker 1: you want to spend your money based on your age? So, UM,
• 39:36
  Speaker 1: that's risk tolerance, oderate aggressive and people have to understand
• 39:42
  Speaker 1: their risk tolerance. Okay. Now, so if you're the kind
• 39:46
  Speaker 1: that you can go to Vegas and um, get on
• 39:51
  Speaker 1: the the what is that we all call you're you're
• 39:58
  Speaker 1: you're putting all your chips on all right, right, right
• 40:03
  Speaker 1: the roulette. Then then you're aggressive, You're willing to take chances,
• 40:09
  Speaker 1: and you know, you just want to go with it.
• 40:11
  Speaker 1: And so someone like that would invest in one hundred
• 40:15
  Speaker 1: percent equities, one hundred percent stocks if you are more conservative,
• 40:20
  Speaker 1: right and you're only on that penny slot machine or
• 40:24
  Speaker 1: that slot machine, you really conservative slot machine, right, you know,
• 40:31
  Speaker 1: So then we want to put more fixed income in
• 40:34
  Speaker 1: your portfolio, right, and then we want to put less
• 40:39
  Speaker 1: stocks or equities in your portfolio. But the sectors that
• 40:44
  Speaker 1: we're talking about are the different sectors that covers the market,
• 40:49
  Speaker 1: you know. So we have construction and materials, we have
• 40:54
  Speaker 1: UM industrials, we have healthcare, we have reached is a
• 40:59
  Speaker 1: sect turn now and and so that's what I'm talking
• 41:02
  Speaker 1: about technology. Okay, cool, well, Sanny. We have a call
• 41:06
  Speaker 1: in from David Buckhead. Hey, Dave, how you doing. Hey,
• 41:11
  Speaker 1: I'm doing pretty good. I'm doing pretty good, Dave. We
• 41:13
  Speaker 1: have sun your Fears on the call off. She's from
• 41:15
  Speaker 1: Morgan Stanley is one of the financial advisors on the show.
• 41:18
  Speaker 1: You have a question for her. Yeah, thanks for putting
• 41:21
  Speaker 1: me through. Um. You know, when I turned my radio down,
• 41:24
  Speaker 1: I caught the piece of information that Sonny was passing
• 41:27
  Speaker 1: along about Penny investors, and I was like, yeah, you know,
• 41:30
  Speaker 1: I got all excited. But you know, my question was
• 41:35
  Speaker 1: really really geared towards say, a person whose middle age
• 41:40
  Speaker 1: or uh you know that has some investments in the
• 41:44
  Speaker 1: stock market, you know, with particular and particular stock. But
• 41:48
  Speaker 1: then more so I thought about, you know, um, the
• 41:52
  Speaker 1: beginning of the conversation where you both were talking about
• 41:55
  Speaker 1: how that information is funneled down and I hate to
• 41:58
  Speaker 1: use that word loosely, but it's true in my case,
• 42:00
  Speaker 1: funnel down about financial knowledge, training, understanding how money works. Um,
• 42:06
  Speaker 1: you know, those resources unfortunately weren't really available to me,
• 42:11
  Speaker 1: you know. And um so so having said all that, um,
• 42:17
  Speaker 1: you know, in terms of why black people, uh are
• 42:21
  Speaker 1: are I guess low end users of these services, I
• 42:25
  Speaker 1: think are because in my case, like I would probably
• 42:29
  Speaker 1: want to see an investment come uh quicker than what
• 42:34
  Speaker 1: I'm I think what I'm hearing is more long term.
• 42:36
  Speaker 1: Would you say that that's true? Like stocks, they're more
• 42:38
  Speaker 1: long term investments when you're dealing with somebody like, so
• 42:41
  Speaker 1: on your fears, right, what you're what you're teaching down
• 42:45
  Speaker 1: and it's not just and thank you for that, um
• 42:49
  Speaker 1: and thank you um, you know for even pointing out
• 42:53
  Speaker 1: that you're you're in the market, um and and and
• 42:57
  Speaker 1: that the the information gets funnel down, you know, And
• 43:01
  Speaker 1: I want to start there, you know. So for a
• 43:03
  Speaker 1: lot of us, or a lot of people that say,
• 43:06
  Speaker 1: I don't know anything about investing, I don't know anything
• 43:10
  Speaker 1: about the stock market. And I have to use myself
• 43:13
  Speaker 1: for as an example. My husband gets on me all
• 43:15
  Speaker 1: the time. He said, well, if you don't understand, why
• 43:18
  Speaker 1: don't you just google it up and and and look
• 43:20
  Speaker 1: it up. The information is out there now, right, and
• 43:24
  Speaker 1: so all of us we can google it, we can
• 43:27
  Speaker 1: look it up online, and so it's much more available.
• 43:32
  Speaker 1: And so that's the thing I want to encourage people.
• 43:35
  Speaker 1: You start googling, you start looking up information, you start
• 43:39
  Speaker 1: searching for financial seminars, because there's a lot of free
• 43:43
  Speaker 1: education out there on investing and on the market. And
• 43:47
  Speaker 1: so that's what people need. To start looking for the
• 43:50
  Speaker 1: information and trying to get the knowledge. That's where it starts.
• 43:54
  Speaker 1: Dave said something that I wouldn't say struggle nerve with me,
• 43:57
  Speaker 1: but it did you know about giving somebody your money
• 44:01
  Speaker 1: and then trying to get it back with the showing
• 44:05
  Speaker 1: rapid um or a rapid increasing their money. Because that's
• 44:10
  Speaker 1: that's always the sentiment that you feel when you watch
• 44:13
  Speaker 1: the stock market, that people will just putting money and
• 44:16
  Speaker 1: they get money back and they are happy and they celebrate.
• 44:19
  Speaker 1: That's the false sense of how stock the stock market
• 44:22
  Speaker 1: actually works. Correct, it really is. Um? What um? And
• 44:28
  Speaker 1: I'm so glad you brought that back up because that's
• 44:32
  Speaker 1: that's a very important point that that day brought up
• 44:35
  Speaker 1: and question that he asked. So in terms of returning
• 44:39
  Speaker 1: on your investment. Again, UM, once you're educated and you're comfortable,
• 44:44
  Speaker 1: and you have your savings and you're willing to get
• 44:47
  Speaker 1: into the market, you have to understand that, Um, you
• 44:51
  Speaker 1: can't time the market right. So if you invested, say
• 44:57
  Speaker 1: October or than November of last year, we all heard
• 45:03
  Speaker 1: that the markets were at all time highs, right, and
• 45:07
  Speaker 1: people are thinking all a lot of people are making
• 45:10
  Speaker 1: money in the market, this is the time to get in, right,
• 45:13
  Speaker 1: So you get in then the market are at all
• 45:16
  Speaker 1: time highs. And so when it's at all time highs.
• 45:20
  Speaker 1: There's only one place for it to go, and it's
• 45:22
  Speaker 1: going to go down, right, And so we were saying
• 45:26
  Speaker 1: at the end of last year, we are overdue for
• 45:29
  Speaker 1: a correction in the market. We're overdue for at least
• 45:33
  Speaker 1: ten to fifteen percent correction in the market. We knew that.
• 45:36
  Speaker 1: And so when you try to time the market, you
• 45:39
  Speaker 1: put your money in and you think that by yeah,
• 45:43
  Speaker 1: by March or you know, February next year, I'm going
• 45:46
  Speaker 1: to be rich because the market is at all time highs.
• 45:49
  Speaker 1: And you look at the market now that that was
• 45:52
  Speaker 1: down eight hundred points yesterday, and if people are looking
• 45:55
  Speaker 1: at their four one case or their retirements, it's down significant.
• 46:00
  Speaker 1: So this is the time and this is where you
• 46:03
  Speaker 1: know it's so you always um and this is something
• 46:06
  Speaker 1: that we learned. You go. It's a contrarian theory. They said,
• 46:10
  Speaker 1: you always go against public sentiments because when the market
• 46:16
  Speaker 1: is like this and it's down so significantly and there's
• 46:20
  Speaker 1: all this volatility, people are scared and they don't want
• 46:23
  Speaker 1: to get in because they say, oh, I'm gonna lose
• 46:25
  Speaker 1: all my money. This is the time to get in.
• 46:29
  Speaker 1: It is not the time to get in when it's
• 46:31
  Speaker 1: at all time highs because it's already gone up. So
• 46:36
  Speaker 1: that's the thing, and it can happen overnight. You have
• 46:40
  Speaker 1: to be willing to leave it in there and wait
• 46:44
  Speaker 1: till next year. The time something I want to get
• 46:46
  Speaker 1: a call in right quick, I know it. Then the show.
• 46:48
  Speaker 1: But Cynthia, as you called in cent there from Atlanta,
• 46:51
  Speaker 1: how are you doing, cynthing, you have a question for
• 46:52
  Speaker 1: sign your fears? Yes, I do. I want to just
• 46:57
  Speaker 1: find out. So I'm a middle age person heading close
• 47:01
  Speaker 1: to sixty. My children are grown and gone now, and
• 47:05
  Speaker 1: I'm wondering is it too late to start? If not,
• 47:09
  Speaker 1: where do I start? It is definitely definitely not too late.
• 47:17
  Speaker 1: And if you're saying you're close to sixty one, do
• 47:22
  Speaker 1: you have a financial plan? And two, I mean you're
• 47:25
  Speaker 1: close to sixty and we anticipate that you're gonna live
• 47:29
  Speaker 1: till ninety ninety five. That's thirty years of investing and
• 47:33
  Speaker 1: being in the market. And if we put Moneys in
• 47:38
  Speaker 1: the market now, regardless of how much it is, I
• 47:41
  Speaker 1: can show you a model out for you what that
• 47:44
  Speaker 1: would do for you in thirty years. It's never too late.
• 47:50
  Speaker 1: And then where you start, Cynthia, I don't think Cynthia
• 47:53
  Speaker 1: was ready for that. I think really synthey didn't know
• 47:58
  Speaker 1: you're gonna live at ninety five. She say, you shocked
• 48:01
  Speaker 1: her right there, said this in ninety five. She knows
• 48:04
  Speaker 1: something I don't know. Ninety fi. I gotta start, I
• 48:06
  Speaker 1: gotta start investing. I gotta get with my fault one kids, right,
• 48:11
  Speaker 1: you know. Rather she's ready to retire, she's ready to
• 48:15
  Speaker 1: go something, but she wasn't ready to hear she's gonna
• 48:17
  Speaker 1: live to ninety five. I'm gonna let you know right
• 48:19
  Speaker 1: right now. Inside that shocked that. She got real quiet.
• 48:22
  Speaker 1: She said, ninety five. Man, I'm invested in the stock
• 48:26
  Speaker 1: market at ninty five. But that But that's what I
• 48:30
  Speaker 1: try to tell on this show because people they set
• 48:33
  Speaker 1: age limited age restrictions on what they can do and
• 48:36
  Speaker 1: what they're supposed to do. Because at sixty, you're not retiring,
• 48:40
  Speaker 1: you're just living. You continue to keep dreaming, keep investing
• 48:44
  Speaker 1: in vacations, keep investing in yourself. More importantly, because what
• 48:49
  Speaker 1: happens is when you stop dreaming, when you stop investing yourself,
• 48:53
  Speaker 1: then guess what it affects you physically? Mentally, you have
• 48:57
  Speaker 1: no motivation. So when you get the ninety five, you
• 49:00
  Speaker 1: look ninety five, you walk ninety five, you have ninety
• 49:02
  Speaker 1: five year old money, which usually if you didn't invest,
• 49:05
  Speaker 1: you have nothing. And so that means she's telling anybody
• 49:08
  Speaker 1: who's listening, do not think there's an age limit. If
• 49:11
  Speaker 1: you seventy you can still invest. If you eighty, you
• 49:15
  Speaker 1: can still invest. But it's the different approach to the investment,
• 49:20
  Speaker 1: the different approach to what you're trying to get out
• 49:22
  Speaker 1: of it. What is your financial player, what's your angle?
• 49:24
  Speaker 1: So Cynthia, she's telling you, yes, you can continue, give
• 49:34
  Speaker 1: me a call so we could talk about what you
• 49:36
  Speaker 1: can do. Yes, sounds great. There you go. Sit there,
• 49:40
  Speaker 1: we revived Cynthia. See she probably gonna go shopping now.
• 49:44
  Speaker 1: She said, ninety five, I gotta buy some new clouds.
• 49:50
  Speaker 1: I know we have like a couple of minutes left.
• 49:52
  Speaker 1: I want to squeeze in. One question. Dividends, stocks that
• 49:56
  Speaker 1: have dividends tied to it, is that advantageous. Absolutely. You
• 50:02
  Speaker 1: find these days that you get more income from dividends
• 50:07
  Speaker 1: than you do from bonds. From the yield and bonds.
• 50:10
  Speaker 1: So traditionally a lot of people invested in bonds are
• 50:14
  Speaker 1: fixed income because they would get income. That's why it's
• 50:17
  Speaker 1: called fixed income. They would get a set amount of
• 50:21
  Speaker 1: income from bonds and and the world's changed. Where you
• 50:26
  Speaker 1: get income these days is from stocks, dividend paying stocks.
• 50:31
  Speaker 1: And you can earn more income annually from dividend paying
• 50:36
  Speaker 1: stocks these days from them fixed income and bonds. Well,
• 50:41
  Speaker 1: I'm gonna tell you, Stunia, you are are amazing. I
• 50:44
  Speaker 1: hope you have find time to come back on Money
• 50:46
  Speaker 1: Making Conversations, Masterclass. I know for a fact you change
• 50:49
  Speaker 1: Cynthia's life. Okay, she's in a little ninny five and Dave,
• 50:53
  Speaker 1: now he's gonna get off the penny slot machine and
• 50:55
  Speaker 1: realize that the money's not going to come back tomorrow.
• 50:58
  Speaker 1: It's gonna come back over May a six month period.
• 51:01
  Speaker 1: But more important, you told everybody when the stock is
• 51:04
  Speaker 1: on fire, wait wait, because it's gonna calm down. And
• 51:09
  Speaker 1: when it calms down, slide down. Catch it on the
• 51:12
  Speaker 1: slide down, don't catch it on the go up, because
• 51:15
  Speaker 1: the go up is when you want your money been
• 51:18
  Speaker 1: put in at the slide down. And so again I
• 51:21
  Speaker 1: want to thank you for taking the time of coming
• 51:22
  Speaker 1: on Money Making Conversations, Masterclass. And again you were fantastic
• 51:26
  Speaker 1: and now next time bring your daughter, bring your daughter
• 51:28
  Speaker 1: on come in studio. I will, okay, absolutely, it was
• 51:31
  Speaker 1: my absolute pleasure. Rashan, thank you so much for having
• 51:35
  Speaker 1: me on. I appreciate you've been listening to Money Making
• 51:38
  Speaker 1: Conversations Masterclass with Rushan McDonald. Always remember to lead with
• 51:43
  Speaker 1: your gifts. Money Making Conversations Masterclass is a presentation of
• 51:48
  Speaker 1: thirty eight fifteen Media Incorporated. You are now tuned into
• 51:53
  Speaker 1: the Money Making Conversations Minute of Inspiration with Rashaan McDonald. Hi,
• 51:58
  Speaker 1: I'm Rashan McDonald for Money Making Conversation, your masterclassroom, your
• 52:01
  Speaker 1: daily minute of Inspiration. I sat down with CEO and
• 52:04
  Speaker 1: founder of Curls Television star business mentor and Arthur Mahisha Dillinger.
• 52:09
  Speaker 1: She shared the wisdom of keeping your job as you
• 52:11
  Speaker 1: build your business. That is correct. I had to I
• 52:14
  Speaker 1: always always always mentor and subject. When I mentor, I
• 52:18
  Speaker 1: suggest that you keep your day job until your site
• 52:20
  Speaker 1: hustle becomes your main hustol and you can no longer
• 52:23
  Speaker 1: do both. Right, So, because you have to keep money in,
• 52:26
  Speaker 1: people want to just quit their jobs and go in
• 52:29
  Speaker 1: all feed for it. I feel like that's that's great,
• 52:32
  Speaker 1: but it's not practical, and soul I always suggest doing
• 52:37
  Speaker 1: both until you can't do both anymore and you have
• 52:39
  Speaker 1: a long history of success in the business that shows
• 52:43
  Speaker 1: you can actually maintain or list off of that. You
• 52:45
  Speaker 1: can listen to this full interview with Mahisha Dillinger. It's
• 52:48
  Speaker 1: available on Moneymaking Conversations dot com.