Investor Education
Sessions

May 19, 2025 08:02 PM Eastern Time (US and Canada)

Quick recap

The meeting began with Brian sharing personal updates about his son's high school graduation and discussing potential family commitments that might limit his participation in upcoming events. BStreet delivered a comprehensive presentation on financial preparedness, emphasizing the importance of building a strong financial foundation, diversifying investments, and taking immediate action to protect against market volatility and economic downturns. The conversation ended with Chris and BStreet discussing upcoming events and communication channels, including a dinner in New York and an exotic car meetup, while encouraging participants to stay informed through various communication methods.

Next steps

• All members to review and implement the financial preparation strategies discussed for a potential market crash.

• All members to create a personal investment policy statement as a guide for their investment decisions.

• All members to update their wills and trusts to ensure they are current.

• Chris to confirm and share details about the upcoming dinner in the New York area.

• Interested members to RSVP for the exotic car event on Saturday, June 17th at 4 PM at Nassau Coliseum.

• Brian to implement a text message feature for communication with members by the end of the week.

• Darren to share the link for his "7 Day Financial Reset" resource in the chat.

• All members to check the Telegram group more frequently for updates and information.

All members to review the meeting summary and additional information that will be added to the Phoenix Circle back office.

Summary

Graduation Plans and Community Updates

Brian announces that the meeting is starting and shares that his son is graduating high school this week. He reflects on how quickly time has passed, noting that many in the community have known him since his son was much younger. Brian also mentions that he may not be able to fully participate in upcoming events due to family commitments related to the graduation. Charisse inquires about plans for a group meetup, which Brian promises to address before the end of the meeting.

Preparation for Financial Stability

BStreet emphasizes the importance of being prepared for a potential market crash. He reflects on his personal experience of helping his son build a financial portfolio from a young age, which has resulted in a full-ride scholarship and growing investments. BStreet stresses the need to have a solid financial foundation in place, comparing it to other areas of life where preparation is crucial. He encourages listeners to implement the knowledge they've gained, rather than just hearing it repeatedly, and refers to resources like the "7 Day Financial Reset" and the "6 Figure Seeking Checklist" to help assess and improve one's financial foundation.

Financial Preparedness for Economic Uncertainty

BStreet emphasizes the importance of having 3 to 6 months of lifestyle expenses saved in a high-yield savings account or money market account to protect against inflation. He stresses the need to reduce or eliminate debt, especially before a potential recession or economic crash. BStreet recommends attending the weekly Friday sessions with Darren to learn different debt reduction strategies and encourages people to act quickly to become financially prepared.

Portfolio Diversification and Investment Strategies

BStreet emphasizes the importance of diversifying investment portfolios and income streams. He encourages participants to start investing in the stock market, even with as little as $1, using platforms that allow fractional share purchases. BStreet offers resources like ebooks to help beginners and stresses the need for diversification across various asset classes, including stocks, bonds, real estate, and liquid cash. He warns against relying on a single source of income or investment, highlighting the risks of economic downturns and market volatility.

Investment Portfolio Rebalancing Strategy

BStreet emphasizes the importance of taking immediate action and rebalancing investment portfolios regularly. He advises adjusting investments based on current financial situations, including changes in debt, cash flow, and revenue. BStreet suggests making strategic shifts in asset allocation, potentially increasing liquidity or protecting certain investments, to align with changing financial circumstances and market conditions. He also stresses the importance of dollar-cost averaging and considering defensive assets, urging listeners to make informed decisions now rather than regretting missed opportunities in the future.

Dividend Stocks in Recession

BStreet discusses the benefits of dividend stocks during a recession, noting that they can provide better value and lower volatility. He emphasizes the importance of diversifying investments across asset classes and suggests using AI tools like ChatGPT to help make informed investment decisions. BStreet recommends tailoring AI prompts to personal financial situations and consulting with experts like Chris for additional feedback. He also stresses the importance of having a solid financial foundation, referencing the "6 figure secret checklist" as an example of preparedness for market fluctuations.

Investment Portfolio Management Strategies

Chris discusses the importance of assessing and adjusting investment portfolios, emphasizing the need to stay prepared for market fluctuations. He advises diversifying investments across stocks, bonds, real estate, and cash, while considering individual risk tolerance and age. Chris stresses the importance of maintaining a long-term perspective, avoiding panic during market crashes, and staying informed about global events and economic indicators that can affect investments.

Economic Shifts and Investment Strategies

Chris discusses strategies for preparing for economic shifts and opportunities. He advises having cash ready to deploy when assets are discounted, such as during high foreclosure periods or stock market dips. Chris recommends dollar-cost averaging and focusing on consistent investing over time. He also suggests reviewing estate and tax planning, updating wills and trusts, and maintaining an emergency fund. Chris emphasizes the importance of scenario planning and stress testing one's financial situation to be prepared for various outcomes.

Upcoming Events and Communication Updates

Chris and BStreet wrap up the meeting by addressing upcoming events and communication channels. They confirm plans for a dinner in the New York area and announce a Father's Day event on Saturday, June 14th, at 4 PM with Cloud 9 Exotics at Nassau Coliseum, offering exotic car laps for $150. They encourage attendees to RSVP due to limited spots. BStreet emphasizes the importance of checking the Telegram group for updates and mentions an upcoming text message feature. They promise to share more details about the dinner and exotic car meetup soon, and encourage participants to ask any final questions before concluding the meeting.