#48 Millennials Unconsciously Bleed Money Everyday. Here's How to STOP with Cofield Advisors CEO

Don't know their profit margins. Don't invest in stocks. Don't plan for a big tax bill. Don't take advantage of depreciation. Millennials, WTF?! Cofield from Cofield Advisors told us wassup on this episode. Before that, tho, we started with Jony Apple-seed. Apple lost their most important dude, Jony Ive (Pronounced Johnny I've), who Steve Jobs called his "spiritual partner" (ie, get-blazed buddy). Apple stock was down as much as -2%. As the Chief Design Officer, Jony's fingerprints are all over every product (creep): iMac, iPad, Apple Watch, and of course the iPhone. So who's gonna make the iSexRobot in 2021? Don't worry, Jony's opening a new design firm and Apple will be his first client. Bottom line: keep buying Apple stock. It's a long-term win as they rotate away from hardware towards services. We then talked about interest rates DROPPING a lot! Mortgages, car loans, credit card debt - it's all going lower. Y'all need to be borrowing money and buying some kind of investment like a real estate property or a business. HURRY UP, that sh!t just got cheaper!!! Finally we hit up Bitcoin, the F*CK IT currency. Should you be buying Bitcoin at 13 grand? Everyone should own at least a LITTLE BIT of BTC. Go open an account at Coinbase and join us in 2019 please, thank you. Relax and make some effing cheddar, Peace Amer SHOW HIGHLIGHTS: 01:40- Why the EFF does Sam hate GoT & dragons?  11:00- Apple stock is falling bc Chief Design Officer Jony Ive is leaving 16:40- Should you buy Apple stock? YES! 22:00- Economy's interest rates fell A LOT and FAST; take advantage and invest now! 26:05- Trump is meeting Chinese President Xi Jinping; expect a short-lived bounce in the market 28:10- How China can work around tariffs by manipulating its currency 30:50- Bitcoin going up, up, and away 39:00- Amer's transgender experience at an elementary school 44:00- Is investing in Bitcoin gambling? Hear Yahia's insights as well 46:25- Dogecoin - WTF is this thing?  48:00- Cofield's story on how to tell if the corporate life is not for you 50:45- Cofield's online financial course https://moneymaster.thinkific.com/ 52:00- Cofield Advisors, all the biz advisor / personal finance / tax advisor all in one place 54:00- Depreciation - how to take advantage of it like Trump does so you don't have to pay taxes 58:00- The rich have the knowledge to get wealthier like a video game player has CHEAT CODES 59:25- Millennials' strengths: more woke, more socially conscious 01:02:30- Some millennials (and regular people too) are annoying bc they "Virtue signal" 01:03:20- Millennials' weaknesses: they're jaded by 2001/2008 and so they don't invest 01:12:00- Some of Cofield's success stories with IG influencers & bloggers making $250k+ 01:22:45- Cofieldadvisors.com 01:23:05- Catch Sam's show, July 12th at the Otherworld Theatre Connect with Amer and BNOS: Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2 Visit the Amer Abdullah BLOG: http://amerabdullah.com/ Like BNOS on Facebook: https://www.facebook.com/businessnewsandothershit Follow BNOS on Twitter: https://twitter.com/theamerabdullah Follow BNOS on Instagram: https://www.instagram.com/theamerabdullah