Charles Schwartz

When you have this varied amount, a lot of people say, if you want to be really conservative, you go with the S&P 500, you put it in there, you invest and you call it a day. What are things that people should be looking at? How involved should they be? Should they go to brokers? You know, because there's all these different ideas and now we have AI as well.

But would you recommend still using what our parents did?

But would you recommend still using what our parents did?

But would you recommend still using what our parents did?

It doesn't make a massive amount of difference.

It doesn't make a massive amount of difference.

It doesn't make a massive amount of difference.

So there's a lot of issues where people, A, they don't have the bandwidth. So either time, intelligence, whatever it is, it's just not their cup of tea. For example, I'm phenomenal at baseball. I'm horrible at basketball. So I don't try and do that. So outsource, it just is what it is. So if someone's like, hey, I know I need to do this.

So there's a lot of issues where people, A, they don't have the bandwidth. So either time, intelligence, whatever it is, it's just not their cup of tea. For example, I'm phenomenal at baseball. I'm horrible at basketball. So I don't try and do that. So outsource, it just is what it is. So if someone's like, hey, I know I need to do this.

So there's a lot of issues where people, A, they don't have the bandwidth. So either time, intelligence, whatever it is, it's just not their cup of tea. For example, I'm phenomenal at baseball. I'm horrible at basketball. So I don't try and do that. So outsource, it just is what it is. So if someone's like, hey, I know I need to do this.

There's real estate, there's options, there's all these different things that are coming in. If they don't have the bandwidth and they don't have the bandwidth, is it, again, I'm just trying to help people out, do they go in and just S&P, QQQ, whatever it is, walk away from it? Or do they say, no, this is important and I can make a living from this?

There's real estate, there's options, there's all these different things that are coming in. If they don't have the bandwidth and they don't have the bandwidth, is it, again, I'm just trying to help people out, do they go in and just S&P, QQQ, whatever it is, walk away from it? Or do they say, no, this is important and I can make a living from this?

There's real estate, there's options, there's all these different things that are coming in. If they don't have the bandwidth and they don't have the bandwidth, is it, again, I'm just trying to help people out, do they go in and just S&P, QQQ, whatever it is, walk away from it? Or do they say, no, this is important and I can make a living from this?

Because there's a bunch of people who, again, they've never seen the pullback. And you've got these crypto bros who think Bitcoin's always going to rise and take off and we're going to eliminate our currency by going to a cryptocurrency, which drives me nuts. So where do you, how do you help those basic people versus the ooh-la-lahs, the people up here who are moving things around?

Because there's a bunch of people who, again, they've never seen the pullback. And you've got these crypto bros who think Bitcoin's always going to rise and take off and we're going to eliminate our currency by going to a cryptocurrency, which drives me nuts. So where do you, how do you help those basic people versus the ooh-la-lahs, the people up here who are moving things around?

Because there's a bunch of people who, again, they've never seen the pullback. And you've got these crypto bros who think Bitcoin's always going to rise and take off and we're going to eliminate our currency by going to a cryptocurrency, which drives me nuts. So where do you, how do you help those basic people versus the ooh-la-lahs, the people up here who are moving things around?

Right. I adore options. It's one of my favorite things in the world. I remember when I first discovered the puts and the calls and I was like, ooh, it was just a lot of fun. But to your point also, you need to be a certain breed and you have to understand your risk levels. And I, it was terrifying. I was like, okay, we can't do this anymore because I didn't have it and I found other ways to do it.

Right. I adore options. It's one of my favorite things in the world. I remember when I first discovered the puts and the calls and I was like, ooh, it was just a lot of fun. But to your point also, you need to be a certain breed and you have to understand your risk levels. And I, it was terrifying. I was like, okay, we can't do this anymore because I didn't have it and I found other ways to do it.

Right. I adore options. It's one of my favorite things in the world. I remember when I first discovered the puts and the calls and I was like, ooh, it was just a lot of fun. But to your point also, you need to be a certain breed and you have to understand your risk levels. And I, it was terrifying. I was like, okay, we can't do this anymore because I didn't have it and I found other ways to do it.

Wenn jemand dazu kommt, und es ist eine große Frage, die ich über Kryptowährungen habe, weil ich, es gibt nur zwei große Geschäftsverluste, die ich je gemacht habe. Einer davon war Bitcoin, weil jemand zu mir kam und sagte, hey, es gibt dieses seltsame Ding, es ist wie World of Warcraft Geld, es ist wie 100 Dollar, wir sollten etwas kaufen. Und ich bin so, ich kaufe nicht virtuelles Geld.