The Wall Street Trapper On Financial Literacy, How To Invest, Debt In America & More | Big Facts

and i just kept learning because the [ __ ] reminds me of the street so much even if you look at america america is just one gangster canada is one gangster china is against the it's different hoods there's different people trying to take this [ __ ] over the same thing in the street i'm trying to go to your hood and do this if bain got a hug i'm trying to come home a little bit if i ain't strong enough i gotta pay bank draft that's the same thing happening in a in america you want salesman [ __ ] over here you gotta pay me a tariff that's that's draft right you know you paying a hustle over here right so when i started saying that this [ __ ] just like the streets it ain't no different only thing they get to really sit back and build wealth and like not go to prison right not get killed i'm like nah we gotta play this game and then it started under i started understanding oh we playing the wrong game you're listening to big facts with big bank and dj scream live for first class sounds you know who it is dj screaming [ __ ] big bank is here baby jay to say it's time for big facts and we got a special guest in the building about every request it's the wall street trapper that's pulled up on big fans what's up what's up what's up my brother what's good family what's good everybody good with you man it's lovely man i feel good now you've been making a lot of moves yeah you've been getting a lot of money come on right you know what i mean we want to start this conversation is uh who so who were you before you were the wall street trapper let's get into the essence of your journey a little bit like before you were the wall street trapper who were you so uh just all my homies you just called me free you know what i'm saying just born and raised in new orleans where'd that come from uh my homies call me freezer freezer and free is short for freezer street name yeah yeah uh so just born and raised in new orleans um saw my moms get shot when i was kind of like nine so that was kind of my introduction to the game my mom was hustling you know she's in the street and fast yeah yeah she she lived though and then she got shot again then she went to prison for attempt murder and she beat that charge um then she went to prison for the the north's kicking of doing so i lived with my grandmother for a little while my grandmother passed man so i went through a period i was just homeless around like 13 14 really just homeless and i just started hustling man like that's what i knew like my grandma was an entrepreneur my mom was in the streets so i just used both of those you know you should be in survival mode man like ain't really no different like new orleans is one of those places where poverty is heavy especially during that 93 94 95 area murder capital era like it was heavy so just learned how to hustle why i'm going to prison for attempt murder on robbery doing a 10-year bid that's when i got introduced to like financial literacy i'm gonna sell this dude white guy and he was just like i guess that was his first time seeing like that many black people at one time you know what i'm saying like and really and truly like like you think that should be normal but he was like man y'all playing the wrong game man like and like at first that it like caught me off guard i was like what like because all we know is the game that's all we know you know what i'm saying i don't stop going to school that's 16 like all i know is the game and so i was just like well if you if it's the wrong game then why the hell you in here with me like what game you playing right evidently you plan on saying am i playing but he was like nah he was like so what you in here so like in new orleans so if you have a red band like your band tell you what you're in jail for so i had a red band which means attempt murder yeah kidnapping so like if you got an orange band that means you're on a drug charge unless it's you got a million dollar bond so then you'll get it read man uh if you're in the feds you'll get a red and white bag so he had a red and white band so kind of like when you when you're in a state jail if you're looking at somebody a red and white band you kind of be like damn like he knows my [ __ ] i don't know like federal [ __ ] like a higher yeah some [ __ ] yeah that means you're important yeah like that like what you know so i saw the band so he was just like you're here for a timber on rob you're looking at 0 to 99. he was like i'm in here for embezzlement he embezzled 2.8 million dollars paid 800 000 restitution kept 2 million did 18 months they let him keep the 2 million you kept it that's just how it like it works on a point system and the guy says in the scale yeah so that kind of like took my head like damn like well let me learn how to play that game you know what i'm saying like let me play that because i don't need to be i'm playing i'm hustling backwards if that's what you got going on you know what i'm saying so during that time period was in a hole for like maybe 45 days together and so he just started talking to me about financial literacy like telling me how like you hustling you selling dope you robbing you jagging like that [ __ ] is pennies you know what i'm saying and then in my mind i'm like damn i'm 16 i ain't never really truly met a successful hustler like you know what i'm saying like all of us gonna end up to the same fate like you're gonna go to jail you're gonna get not like you you accept that you just trying to see how long you can get a run yeah you know what i'm saying so i was like that's crazy in my mind i started telling myself like damn if he do 18 months [ __ ] he could go back do that [ __ ] again come back they might give him eight years but he leave a 5 million this time you know what i'm saying so like i'm playing a numbers game in my head like i'm i'm just playing survival but i'm playing survival on the next level like how can i get out the streets so he was just like man like and wealthy people do like three things with their money man they stop trading time for money they start making their money work for them and they start giving value to people i ain't learning the value of the people paul to later on in the game but i had never heard that [ __ ] before like that [ __ ] was like spanish to me and so he started telling me that you know wealthy people invest in stocks because it's the first it's the easiest thing to do with your money invest in other businesses right the hardest thing to do is build a billion dollar business the easiest thing to do is invest in one you feel what i'm saying so when he told me that he was like then you start a business then you invest in real estate so i started doing the same thing all right cool let me you know after i came on from the pin i started getting into stocks using trap money you know what i'm saying caught another charge because at the end of the day you got an idea how you gonna make money like i had this idea like all right i'm gonna use this market but you still gotta get bread you know what i'm saying like you still got to get cash to put in that [ __ ] so and then so people always tell you like get a job and all that and that's cool but it's hard to tell somebody who've been hustling to go get a job just like it's hard to tell an entrepreneur to go get a job like i'm gonna do everything i can not to do it but nothing against working because you need people working jobs but i just want to work for myself i just want to handle my own cause hustling teach me how to hold my own and bet on myself so uh my dude got kicked in and i just saw myself in the same situation like damn like i'm bagging this [ __ ] again and one thing that really caught me was when the people can't kick my doing i had the stock market on tv and the dude the cop really tells me you got to be a stupid mf to be watching this and doing this like that [ __ ] hit me in my heart like i felt like an [ __ ] yeah you know it sounds like damn because i'm i'm watching the money play but i ain't you know what i'm saying so you know i just can't see a point like all right let me try something different you know what i'm saying so i started using some money i had from just hitting licks and [ __ ] like i let me start investing this [ __ ] in the stock market let me start using it i started doing iron work which i built the falcon stadium i built some of the cardboard stadium build power plants and [ __ ] i was making some good money like two three thousand dollars a week i was like all right let me use this [ __ ] to invest in the stock market then i was teaching my homeless in the street you know just basic [ __ ] like yo we were nikes we were at timberlands we were finished and [ __ ] like all that [ __ ] on stock market you know and my pardon them like ain't no [ __ ] we never heard before so he's like what are you tripping so then i was saying all right well check this out if you go do a bid you gotta come home you gotta ask somebody to put you on or something like i give you something what if you put your money in the market and then you came home and now you got money like that was a bell ringer for me because when i caught my charge it froze everything but the money i had in the stock market they stopped everything but that i was like man that's crazy like they don't even that told me they don't even play me to be that smart they don't even play me for that you know what i'm saying so then i was telling my homies like all right well what did you get smashed you know you know this this could happen would you leaving your kids behind like nah another another trap we're going to take care of your kid you know what i'm saying at least leave them some bread like don't just let this [ __ ] be for nothing you know what i'm saying so i'm not never telling you get out the street but learn to leverage them you know what i'm saying like have an escape plan my [ __ ] don't everybody gonna be the the plug you know i'm saying everybody gonna be the connect like so how do we get out this [ __ ] right so that's how all this [ __ ] started man like and i just kept learning because the [ __ ] remind me of the street so much even if you look at america america is just one gangster canada is one gangster china is a gangster it's different hoods there's different people trying to take this [ __ ] over the same thing in the street i'm trying to go to your hood and do this if bain got a hug i'm trying to come off a little bit if i ain't strong enough i gotta pay bank draft that's the same thing happening in a in america if you want salesmanship over here you got to pay me a tariff that's that's draft right you know i'm saying you're paying a hustle over here right so when i started saying that this [ __ ] just like the streets it ain't no different only thing they get to really sit back and build wealth and like not go to prison right not get killed i'm like nah we got to play this game and then it started under i started understanding oh we playing the wrong game like instead of us being the pawns on the table let's go be the rook the knight the king the bishop like let's move this [ __ ] the way we can move it let us me as a man start saying i could be a father i could be a grandfather i could live to see 40. like i ain't got to go you know what i'm saying so that's kind of how this [ __ ] got into that was me before the wall street trap so for somebody for so for a black person that's just don't know [ __ ] about stocks don't care about it not interested whatever the case may be i mean what would you like how do we even spark the interest for those people other than the fact that you can make money because you can also lose money too right yeah yeah so i think one thing is they need to be interested like streets is a dying game man like yeah not dying and [ __ ] dude yeah [ __ ] you know it's like you ain't that [ __ ] ain't it yo you know what i'm saying and then we you know even though the dudes who taught us the game that's what they knew right so it was a lack of knowledge starting from the head there's no excuse not for somebody not to say i want to learn how to invest i don't know how to feel it there's no reason for that [ __ ] not right so now i think the first thing you do is for me is like educate like education is the leverage to life yo we look at if we look at even from the lowest point if you go work a job the person who knows the least get paid the less right so if you work at mcdonald's the janitor don't know that much so he don't get paid the less but the person who work on the fries and the in the burgers they're gonna get paid more than a janitor but the shift manager no more than both of them so the shift manager's gonna get paid more but the person who run the store and get paid more than them but the owner of the business so the knowledge is the leverage to life real talk right so we gotta get clunky with saying i don't know some [ __ ] i gotta learn some [ __ ] we gotta stop using that [ __ ] as an excuse we only three generations from not being able to learn how to read like we three generations from that [ __ ] like we need that fall from like yo you know how to read nah you gotta go like knocking you off right that [ __ ] was three like three generations that [ __ ] is not long you feel what i'm saying so you feel like we three generations from that [ __ ] so i think um the first thing we need to do man understand the importance of this game right like understand that and then saying okay like how do i get in it right is he just something simple as like investing like i said like invest in the [ __ ] you know just to get started right like you don't gotta your first investment ain't got to be the one that make you a millionaire it ain't gonna happen but what happens is we build the repetition we make that [ __ ] a habit like for me like when i was hustling like even before i even got my re-up yo like i was like let me invest this money right here real talk right at basic like let me make some [ __ ] work for me right and so we started learning that like just to [ __ ] you every day so if you wear a little viton if you like fendi if you like dior that [ __ ] on stock market lvmh right louisville trauma where hennessy dude the second richest man in the world what's the guarantee way though like so the [ __ ] just starting out so that's it so the the best way is to invest in what's called like etfs but that's fun so etf is like exchange traded fun so it's like saying it's it's the easiest way i can say so let's say you go to the store and you say like you won't get some cereal right or you wanna get some potato chips but you know on the potato chip ah they got all the potato chips they also got crackers they got pistachios they got all like [ __ ] like that snacks and [ __ ] right well the etf is you saying i don't know which one of them i want to get so i'ma buy the whole aisle right so each step is a collection of stocks that's made the same way so if you like technology of you like banks right you can buy etf called xlf right what that is you have all the banks chase a bank of america you know all the big banks right if you like technology you can buy the etf that i have apple microsoft you know all those big businesses so now that's safe for you right and yeah you're now investing in one industry that you like so that [ __ ] gonna make money regardless you're gonna make eight ten percent of you that's better than making zero point zero one percent what you're sitting in the bank you got to be cool with like starting off at the beginner level like we got to be okay with saying this [ __ ] not going to make me a lot of money right now but if i keep it up this [ __ ] gonna make me a lot of money right so you think again hustling like you don't start off the man you start i started skating two for one i get [ __ ] ten i didn't give me two dollars i set a two dime i get two down and get a [ __ ] i wear your full two for one i gotta start off like that and i work my way up you know you know what i'm saying like that's how i started like everything is ground everything got to be a grind like we want to change our mind be like nope i want to invest 100 i want that [ __ ] to be a million dollar bro that ain't how this [ __ ] works fine i don't care what you do yeah you know what i'm saying so it's good though to start that way bank but then you start okay this [ __ ] cool now let me go to another level okay now let me learn how to trade right like there's levels to it but this [ __ ] can change your life like there's like this when i say like recession proof for real like the stock market is that and here's why you can make money as the market going up you can make market when the market going down you can make market when the market sideways right when it's just moving in the same pattern but you gotta learn this [ __ ] yeah you know what i'm saying gotta know what you're doing [ __ ] don't want like we gotta be cool with just like we learn everything else bruh just like we learn the messed up [ __ ] that we do we gotta learn some [ __ ] that's gonna change our life right this trap is anonymous so is that like a school or a crew that you put together for that yeah for people to learn yeah yeah so travis announces a community i came up with again i keep this [ __ ] like the way that i understand it like i don't try to teach in a way that nobody else teach it so travis and nina was me saying how when i started i ain't had nobody to go to the dope part about it me saying crazy but i was in prison so i would get off work and i would just read my ass off right but i ain't had nobody to ask questions to so for me the best way for us to learn is in a group setting that's the easiest way for us for us to learn so if you put all of us in the room and i got some information i teach bank i break break it down the bank bring her bigger down to the queen he she gonna break it down to you now we could break it down to jake now we can just toss ideas around and everybody's learning curve gonna help everybody build and start a bank like man i don't get this [ __ ] the minute you get confused or some [ __ ] you're gonna throw that [ __ ] away that she's gonna become a cup holder you're gonna sit a cup on that [ __ ] you're gonna do it but if i got somebody pushing me there's somebody like man bank man get this [ __ ] this [ __ ] was going hey get this yeah i learned that from this [ __ ] i just made a hundred dollars what how you made 100 show me that [ __ ] you know what i'm saying so the group setting is always the great thing so that's why i created that because it was just me so now we got 3 000 people in there making money every day you know what i'm saying teaching each other we do a class every sunday like people that don't know [ __ ] now full three months later breaking down business from a to z like they've been in the finance class you know what i'm saying i got financial teachers in there like bro i ain't i went to school for four years and i learned that [ __ ] like that how you broke that [ __ ] down in 30 minutes right so why you think our people shy away from [ __ ] like that well because damn for one they kept us in survival mode right so think about this if i show you so easy thing a lion will never tell the zebra how to get away that real [ __ ] you feel me yeah lionel never tells you if i tell you i get it i'm gonna eat right right and then is he gonna go to the giraffe dragon will her gazelle gazelle went to the water buffalo now i can't eat [ __ ] right i gotta be a vegetarian vegetarian you feel what i'm saying so no i'm gonna teach my people how to stay lions you can be a vegan [Laughter] so i'm gonna teach my people how to keep eating right and i'm gonna always eat off them financial predator and financial prey you know what i'm saying like that's just like the game is ruthless right it's all about self-preservation i like that quote you'll be putting up uh wall street look like us now hell yeah man like and that's important too because we gotta again like why do they keep us away from this is because they don't want us to know that like we can be like millionaires no i'm saying why you think god damn that we shall we oh because so one of the things is one because it's never taught to us you think we're scared of the catch well we scared so what happens is check this out we we've been taught the only way to make money is to work for it so anything that can make me lose this hard earned money i don't want no parts of it yeah yeah yeah that's backwards because we still don't want no parts of that [ __ ] still if you're in the streets you got to invest so you can lose too so that was the easy thing for me something you know about but you that right you're right that is there's comfort zone two it's comfort zone so now here's the thing like if i've been brought up learning about the streets then that's second nature to me and everything that comes with it if i've been brought up learning to go get a job then i accept that the wealthy people do is at an early age they teach day people about investing so now they grew up learning about finances they grew up okay this part of the game like all right cool so this is how i so if this go wrong this is how i hedge that bet right so okay cool like let me limit the losses because i see the upside is big right right so it's even like with us like we already like if [ __ ] it's a drop what you gonna do man stretch that [ __ ] man anybody take that whole l man go in the other [ __ ] hood and sell that [ __ ] man don't sell that [ __ ] over here right so we learn how to protect ourselves and survive same thing happens we don't know how to do that but because now you come saying you'll get in the stock market and then on tv all you see is stock market crash you know they talking bad [ __ ] uh you think you need a lot of money because you see oh this person made a million dollars so now you'll be like man i about to play that [ __ ] man that ain't funny you feel like it ain't for you so if you feel like ain't something for you and ain't nobody speaking it to you and representation you don't got nobody that looked like you doing the [ __ ] oh you said oh why am i doing that right forever that's all you saw so you already got a disconnect we already feel like all my trauma comes from might be bending that's how you feel so you don't want to rock with that at all right and so here you come like me i'm like y'all got a t-shirt on i wear the same [ __ ] you're on i've been through saying [ __ ] you've been through fine let's go get some money what about the [ __ ] [ __ ] be scared cause [ __ ] be scamming [ __ ] no that's true i got scammed early on i got scammed on some stock [ __ ] earlier and and that's one of the things i don't like that [ __ ] is out here right that [ __ ] gonna always but here you know why that [ __ ] gonna always be out here because we always want to get rich fast yeah that's scam scam we're going to always have a job because one thing people want to do is get rich fast or not even that they won't get out of this situation right now right this [ __ ] painful so he'll be saying i'm gonna act like i'm broke no the hell i ain't i've been broke for real that should not feel good you know what i'm saying i'm not about to act broke at all you find saying so what happens is somebody in a bad situation if somebody can convince you long enough and catch you at the right time you gonna [ __ ] with it yeah right somebody like yo man i turned this 500 for five thousand no that first you might be like man he full of [ __ ] that [ __ ] don't work but you keep seeing that [ __ ] and then catch you on the right day man let me try that [ __ ] out man you feel like it's the best decision you ever made to learn how to invest yeah yeah changed my life not only changed my life changed my family life like my daughter right now she's six years old man she's like she got six figures investing she's gonna be a millionaire she 10. that's easy that's easy you know what i'm saying and that's that's just off the market doing whatever they do right and so that's why this [ __ ] is important because now we can start saying like how how many times have we said man i wish i knew that [ __ ] when i was younger [ __ ] every day so now what happens is when you get in a situation where you older you don't want your kids and your nieces and nephews to be saying the same [ __ ] yeah so teach them to [ __ ] you know what i'm saying so for me it's like all right my daughter came out the woman like that she ain't about a man look let's start doing that [ __ ] early right let's do that [ __ ] night and so not just for her birthday she made six i'm sitting i'm like which one for your birthday she was like i want 100 i want 16 shares of roadblocks she's six i put it on my bed we sit on a sofa i'm like what you want for your birthday she like i want some roadblocks daddy i said bet i pulled up the app went to account put 16 and she was like no daddy i want 100 bet get you 100 then bought 100 roblox you know i'm at six years old because i teach her abc's in that way like y'all she's gonna go to school and learn that [ __ ] when she come home is my is my it's not on me right as for what asset b is for what bank c is for what credit d is for what debt e is for what equity f is for what finances you know what i'm saying and so now she like what's your abc's is so now she repeating that [ __ ] to me like that right so now i ain't got to worry about the school not teaching her financial literacy right i ain't worrying about the school system uh america making her a new slave right we're going to say huh free early what's the news line consumerism consumerism makes us slaves right so every time so every time america creates something so it's my it's the america's job to create [ __ ] for you to buy yep that's that's the business of america consumerism we all buy [ __ ] but there's a stat a stat out that says the average person in america spends a dollar and 25 cent for every one dollar they meet well that's in the red think about that [ __ ] you're in the rent you spend a dollar and 25 for every one dollar you make so by time you made four dollars you already five dollars in a hole think about that think about that for every one dollar you make you already spent a dollar and 25 cents consumerism design like it's designed like that so the reason so they need put you in situations like america you know like america is smart like there's there there is so racism is real i mean but class isn't even if it's even realer right right racism is real don't get me wrong but classism is bigger classism is saying like this class of people has more say-so and more privilege than another class of people and so because they keep information from this class of people they'll never ever put themselves in the situation of the one percent right so if i can keep you working at a job and inflation is up so everything inflation is up seven percent which means everything costs seven percent more right everything is up seven percent but guess what didn't go up how much they pay on the job yeah that [ __ ] ain't went up right so the more money they spend so america is 30 trillion dollars in debt right so you and i know that if if i'm in debt if my bank account in the red they not letting me spend no money i got to pay them first right if your bank account of red you got to pay them first right or wrong well america bank account is 30 trillion dollars in a hole and counting just go to go look at it usdclock.org right usdclock.org look that [ __ ] up right quick you're going to see that you can look at that [ __ ] one o'clock in the morning that's gonna be still spinning you're gonna be they print money every day all day so the more money that they print the more money your money the more your money lose value so some [ __ ] that may cost you a dollar matter of fact a hundred dollars in 2019 whatever you spend 100 on the 2019 now cost you 107 your dollar lost money you lost value lost purchasing power so you set money in a bank here's the trick if i get you to sit your money in the bank i'm gonna i'm gonna use your money and your money gonna lose value and i'm gonna give you pennies on a dollar every year that's it right though yeah how do you look at that and [ __ ] just clicking turning that [ __ ] just turn look at it so this is it right here america's 30 trillion 319 billion oh it's still going it don't never stop this is the this is the debt that's the us national debt that's it so let me show you something right quick even on here so even on here look what it says it says the u.s debt is 30 trillion dollars then it says debt per citizen so that's me and you right we we got income coming in we already 91 thousand dollars in debt us i don't care how much money you make you 91 000 in debt then it says for another [ __ ] [ __ ] no so yeah so crazy man that per tax pill let me do that so we 241 241 thousand dollars in debt everybody in here because everybody in here working you pay taxes so you 241 thousand dollars in debt the debt per citizen is if you got a child or grandmother somebody that ain't working they 91 000 in there how so you got you see it right there that per citizen that per tax payer i see it you feel me that's crazy that [ __ ] don't never stop so if you don't find a way to make money without working for it you're gonna die trying to make money and that [ __ ] lose value every day they're not gonna never get out of 30 trillion in debt that [ __ ] gonna keep adding up what's some ways you think like they make like i guess being a consumer kind of like interested in funds so you got commercials you got this and spending spending spending is getting there so what's some ways that you can make invest in the financial literacy like fun for i guess the young people and [ __ ] so um just even before you even get into like the the the deep [ __ ] like the [ __ ] that you like messing with all day you know what i'm saying like we on everybody and everybody most our generation got apple everybody should own that [ __ ] right so one of the things i did was i made it a priority that when i would go in the hood by my homies i started changing the conversation i started making us talk about making money outside of just hustling so i went to sean i'm like yo i'm messing with options i'm day trading i'm doing why not day trading but that's my options i'm showing them getting money from the stock market who don't like making money right i ain't never met nobody yet and i don't like making money i don't care what they be talking about money not important and all that man everybody like making money that should make you feel better that should make you feel free all right you know what i'm saying so one of the one of the best ways for me was explaining that you can do it and you can do it so every time i buy something before i buy it i'd be like how much of this can i own because that's the true way to build and well ownership how much of this [ __ ] can i own right and so once i said man i own more nike than you bro legit i own more microsoft than you uh i own mo nike uh mulu you win that little baton [ __ ] y'all you wanna bought that i like that [ __ ] you just made me some money family good [ __ ] right i like that she just made me a whole bunch what you talking about y'all own that i own the deal you got on i own the lvm oh you got gucci i own that too ppr you why i own that too appreciate that maybe some money fam oh you got them dickies on back you got them tails on too that you just made me some money from how vfc corporation you know what i'm saying so like i started like changing that to my homies so that was something that we started doing just around my way just like yup you made me some money i like that iphone back you just made some more money i like that so it's you know it's just like we make everything dope man yeah we make everything dope man and then for me that's what from the trap of wall street was all about it was about how do i make this [ __ ] fun to us to where it's something we because everybody everything they do is making boring by design make us feel like we can't do it if i make you feel dumb long enough eventually you gonna start thinking you done you feel me if i make you feel inadequate if i it's long enough you're gonna feel inadequate right and so for me it was like nope that's why my mission statement is one shot at a time right so yup start with one chef inside cool that way everybody no travel left behind man yeah man so whenever i look at wall street trapper they see wall street trapper you got it together you're getting money you're sharp but what's some of your advices what's some of the [ __ ] you know you probably got some i want to say flaws but we all imperfections like show people your human side i show that [ __ ] all the time [ __ ] uh one of the things is um so i like so i i like on my strip club right okay that's my [ __ ] yeah i love going to that [ __ ] man i go to flame you know i used to go to follies for the closet you know what i'm saying would you take some of your wall street or or stock investment riches and maybe open your own strip club no no no you wouldn't do that that ain't my business well so the difference is when you look at if i had somebody who owned a strip club and could break it down to me and show me the ins and outs it'll be something i'll get in look at you i'm about mentorship you know what i'm saying one thing i'm about is if you could teach me some [ __ ] i don't know and you willing to mince i'll pay for mental so you can invest in the flame you would what okay man from i know you we know we make money we know what make money in the world yeah like we make [ __ ] hot you know what i'm saying like even when you look at wall street they got to get the numbers so i tell people there's all the time like we move we we know more about economics than we think we know so check this out when jays come out you already know what them lines gonna look like at the store you already know what's gonna sell out online you know that already that's economics if you're in the hood you know what i used to be like you know on the first and the third checks coming out you know who you can give credit to before that and who you can't give credit to you know that already yeah economics you know when the apple phone will come out if you in the store you know the line will be around a corner you know you got to try to get it online you know some people going to get them in reselling that's economics at its finest you know of a product hot you you know you got to go get it first that's economics like at the lowest level we know more about economics and making money than we think we know we know about high products we the consumer we we tell wall street was hot they don't know they got an idea we on the ground level we know it's hot why you think mcdonald's not mcdonald's so when them chicken sandwiches were popping right you could have bought a company called restaurant brands like we made the chicken sandwich pop we did that [ __ ] they ain't know that they got the numbers later we was going to every pop-up like that [ __ ] damn that [ __ ] along that line alone that that's how the stock went up that's how restaurant brand stock went up we tell them what's popping right so for me if i get i don't mind i just bought a farm i don't know [ __ ] about no farm i got to get a mentor you know what i'm saying i got to pay somebody to [ __ ] come show me how to put that [ __ ] together but i'm just about to put on the phone i would just i just held ross get a bull so that was me so i'm about relationships like i will i'm i'm about building a relationship together that's another thing we got to learn how to do like build relationships right so so dude a woman i know who's heading into real estate i met a husband at a party she was having me and him linked up he saw me that i'd be rocking with ross so ross went on his page and said he wanted a bull the dude family got bulls they got nine thousand acres of land so he hit me up he was like trap i know you know rose you know my family won't give him a bull i'm like bet let's make it happen i call ross and his people like yo man i know some people get you a bull what's up you say a bull you mean like an actual like a boy a big ass bull that [ __ ] went viral when he got that [ __ ] yeah bull yeah bull like an angus black angel like a man cow so what do you do with a bull i don't know what he bout to do with it right for me it was like bet let me make this plug so now i gotta connect on some bulls so for what i want to do with my farm is i want to do goats cows chickens and fresh vegetation and what that does is so america is built for the entrepreneur and investor so one of the things we got to learn is like how america opera we got to learn the business of america right truly learn the business of america so america if you're an entrepreneur investor the america is designed to help you win that's a fact so if you have a farm farmers get some of the best tax breaks to anybody you get a farm you don't got it down they pay nothing you know that [ __ ] offset all your taxes you get a [ __ ] you down [ __ ] all sell all your taxes you get a phone you put one bullet on it the dude told ross yo just about you having this bull on this land you could then offset 40 of your tax just just having this bullet on the left you feel what i'm saying so i won't put so we got 40 acres of land and so me and my homie we got 40 acres of land so the goal is to do ghost cars and chickens and stop our own meat supply asset island is the name of the farm and so we're gonna do acid island farm so we're gonna breed cows breed breed them create our own brand breed chickens and breed goats man and start our own meat and then also use that to offset taxes and then do retreats and [ __ ] on the farm so that that should become another cash producing asset you know i'm saying it's about having more assets and liabilities man you know what i'm saying that's that's the that's the game i'm playing and that's the game i want everybody to start playing if you can go buy a patch of land go buy that [ __ ] cause they ain't building the move you know what i'm saying i don't care you and your homies y'all get together we buy seconds in the club we do all that [ __ ] let's get together let's go buy some land right let's get together let's go buy some real estate like right now i'm looking at a um a forward unit apartment complex right like i won't i don't want to have cash on me like i won't get rid i won't put that [ __ ] in assets right because that's how you make your money make money we won't look at the [ __ ] in the bank because it looked good but that [ __ ] losing value man and i didn't even know that money ain't done if something happened right now you can't go get a hundred thousand dollars off the bank fact you can't get that [ __ ] they're gonna tell you first of all actually 50 million questions then they're gonna put the feds on you then they're gonna ask you what you need it for then they're gonna say girls a week to get it to you mm-hmm you don't got that [ __ ] that says empty that [ __ ] just look good on paper right the most we could probably got the bank at one time it's probably about twenty thousand dollars it's probably the most you could get at one like at one time right something right then you're saying yeah like right then like in the moment like you i need 20 grand that's probably like the most you can get depending you know what i'm saying like you trying to go get 50 60 100 000 bank man you got to wait a couple of days man you got down to go through interrogation i get it they can you can wire some [ __ ] yo money yeah supposed to be your money right it ain't there because the minute you get it what they do is i mean people know it though so when you put your signature on a open a bank account you're literally giving them permission to use 90 of your money all right you're giving them permission to do that call fractional reserve banking so if you got ten thousand dollars in the bank you're giving them permission to take out nine thousand and give you a thousand now when you put your card another bound is gonna say you got ten thousand enough but you only got a thousand dollars they don't took the nine dollars and get the bank because he needed a loan so they won't make money off bank then they're going to give you like 50 cent for losing 9 000 dollars do you 50 at the end of the year for that and they're going to charge bank whatever his credit score is on the interest on that so again we learn how the business of america work then it's easy for us to build up but then they're gonna keep pushing a certain narrative whether it's in music whether they you and that's our [ __ ] like we love music we love that [ __ ] but that we gotta start learning how to deviate between some of that [ __ ] you know what i'm saying like i love that i listen to who's already every day who sucks who some of the rappers are people in music you think that's kind of kicking that [ __ ] where they teaching people how to you know flip their money outside of ross of course nah nah so um i just was at my homie [ __ ] d1 he doing it money man he doing it for sure those like those two i know top my head like d1 and money man they really like kicking ass kicking it hard um i want i won't hear more people doing it man because music has always been the gateway to our culture they always been the gatekeepers you know what i'm saying like we learn a lot of [ __ ] through music we learn life through music and music can teach us how to build well right i got a lot of rappers right now artists be hitting me up like trap man show me this [ __ ] show me the athletes and everything and i don't mind showing that [ __ ] cause they the gatekeepers like their platforms be huge even though my [ __ ] growing their platforms be huge so we make them financially literate they can reach a ton of people right you know what i'm saying they can reach a ton of people they're going to reach way more than me you know what i'm saying so we can i remember um i went to this money bag yo thing it was out here in that dome and i was looking like me and my home was standing up you know we had a section right next time and i saw like how to hold down rush to the front when they saw money back yo and i told my partner i said i said we not finished until we had this effect on the coach but we not offended yeah that's real [ __ ] we're not finished like we got so much work to do because we got to do with integrity though you know what i'm saying we got to teach our people the right way but we're not finishing so we can do that because even though rap is our culture rap ain't teaching us how to make money yet right they ain't teaching us how to make money yet and we can start in influencing the artist to teach us how to make money right it's a game changer for it's a that's i'm gonna be real like if we can get artists to start teaching how to make money that's that'll be more impactful than moto d king malcolm x marcus garvey nelson mandela everything because now you have those are the heroes yo like i just saw little baby with the dual rod 409 from new orleans yesterday yeah my whole city was out there my whole city was out there in the trenches to see that that's amazing to see that's amazing to see especially in my city bro like that [ __ ] is amazing to see so i love music is always going to be a heavy part of our culture so we can just get you know not every song but we can get one or two songs throw a verse and a couple of well you talking about financial literacy man we we can get back to where we belong at in this world man you get back there man you blame this first step yeah yeah hell yeah because that's what we love like when you get somebody like me i come on big fat like everybody respect everybody on here let me say this too man i miss so i met you about i ain't meet you personally this is like 2014 15 i first started coming today when i came home and uh i still hear your name a lot this one's like duct tape was like this [ __ ] was hard and i went on your page one day right he was sitting on the floor in a bathroom he had a [ __ ] wall full of money yeah so music is music has always been the storyteller for our culture right that's because we feel like that person is speaking my story right we feel like that person is speaking to me what i've been through so everybody gonna relate to artists differently right because every art is speaking to a different a tribe of people and so for me i'm not rapping but i'm just on that [ __ ] spitting facts and i'm making people relate to me based on what i've been through so i tell my story a lot so when you see me like yup trap been through that [ __ ] i'll post me being in a pin i'll post my old pictures i'll post my rap sheets so you can see the authenticity in me but at the end of the day a rapper gonna have an artist gonna have that influence always it's just the way our culture design and it's the way that the music industry is set up right it's the way they set up so if we can just say as influencers no matter what you teach when you're teaching real estate stocks credit trucking whatever you teaching if you can plug in with an artist right and make them aware of what you're doing and show them like this i think that's what i think all artists should do you got all every artist always runs with like they squad you should take one person on your squad and designate them to learn some financial literacy [ __ ] every like everybody like you running with 20 dudes 30 dudes one [ __ ] gotta be yo go take this course learn that [ __ ] i'm gonna give you 100k go go learn that's that's how you contribute to the team that's how you contribute to the team it ain't gonna hurt you bought him a chain you bought him a car cool go get him 50k time to learn that [ __ ] pay for my mentorship pam of course let him learn some [ __ ] cause when rap over what you're gonna do he don't learn the game like if one person in the squad learn that [ __ ] and dedicate to that [ __ ] we can change the game you start putting that [ __ ] in music now you know we can catch on to that you start trying street [ __ ] yo instead of take the break you know take the pill take the scan whatever you're doing look take a portion of that [ __ ] put that [ __ ] in the stock market buy some real estate fix your credit learn how to leverage that [ __ ] you know how many you know how many people you going that's why nick was so powerful yeah he started teaching us that [ __ ] like damn okay bet you know what i'm saying that was powerful who your favorite artist though right now yeah man so i was like stealing it but i like ross i like got it you know what i'm saying i like gucci a lot like rocky here because he just stay authentic to himself um but i like god and whole i listen i've been this i like gates because he on some spiritual things i don't know if i have a favorite artist but everybody talks to me in a different language like i like gates because i know where he comes from but i like the spirituality shifty megan right i like got it because i know he come from but i also saw him transitioning to a boss right you know i'm saying i like i love jake because he speaks to me on okay this is how you go from being a street dude to being a billionaire right he laces us with that i like ross because i see him every day putting in the work you know he talks a lot about brand partnership how to get with a business he showed me how he put posts up for rock for 18 months and puff ain't paying nothing and then the 19 month puff cut him a seven figure check that's brandon at his best that's building a relationship you know i'm gonna do this for you for nothing and then when you look like damn like homie been putting that [ __ ] up for 18 months for nothing yo he got hit with a seven figure check now you could do it for something you know what i'm saying so it ain't just i have one artist but i like what everybody bring to the table because they relate to me in a different way you know what i'm saying so that's how i look at music like that man what you think about jury and watches and cards and that's how [ __ ] man you go back to where we come from yeah we've been some fly ass [ __ ] man right pharaoh's been fly so it's deb do you have a rule of thumb as to when you should buy that [ __ ] so i just like i'm not like i own one chain you know i'm saying um i'm not heavy on it but i'm heavy on access for everybody different but i do think you should have more whenever you buy jewelry it should be an asset so this rolex this i bought it for a certain price it's i've had it for a year it's twenty thousand dollars more now mm-hmm you know what i'm saying yeah the price of rolex's have gone up in the last year like skyrocketed and that's why so if you buying a watch like a rolex are those raw legs diamonds oh yeah i would never bust it down okay you know what i'm saying i keep it fair because that adds to the value to the value yeah you know what i'm saying so i think we should just if you're gonna buy jewelry learn about it like learn what type of diamond you buy or you're buying an si dime or you're buying a vvs diamond you want to flawless down like know what you buying so now you can learn how to appreciate it right if you buying a rolex understand like is it like how long did it take them to make that roulette what addition is that so you can now understand how it's going to appreciate in value jewelry is always a asset right but you don't have a million dollars in jewelry and then you don't got a million out of somewhere else that's my thing like we can do everything in batman we fly man we are the culture man we make this [ __ ] what it is man you know what i'm saying the jewelry people can't make no money we busting this [ __ ] you know what i'm saying like we make them up other rich you know what i'm saying so i think we should just understand that like if you're a rapper like you just got a sinus check you got a sinus bonus just a million dollars bro don't go spend five hundred thousand dollars in jewelry all right don't go do that yet wait till you get you a couple of m's then do that [ __ ] it's love then now you know i had to talk with some rappers before they say that that is their investment though like if they could have that car before the biggest [ __ ] in the game they're a young [ __ ] that's the investment to them they can charge [ __ ] starter kids that's what i'm saying they feel like they could charge more for a show well of course we're right now or a feature rap is also about imagery mm-hmm right so it's a lot about imagery man and i'm not an artist right someone outside looking in but it's always about imagery you got to look a certain way right but i also think certain you can still be big like look at dudes like kendrick lamar who's like j cole like you know what i'm saying i just saw a post the other day about j and bun b said he said man richard j get the less [ __ ] he will right and it ain't that he on wed he still got expensive he said yeah it it's just that the [ __ ] he wear you won't know what it is but it cost you know what i'm saying so i remember hear this but like you got the bright watch i got the right watch right so it's we just learned how to do it like i don't have nothing against them wearing a jewel i understand the look but i want you to have more money working for you than money that's on you you can't have more money in your closet and only then you got invested for you that's my whole theory right more assets and liabilities even though the jury is an asset if you got the right jewelry you don't say if you got the right [ __ ] on you know what i'm saying so man again rap is what makes us we all love that [ __ ] and so i'll be down better be like rap tripping no we just got to learn how to use it for our power and not keep letting them get rich off us yeah selling us the [ __ ] you know what i'm saying what's three investments you'll put people on for this year for 2022. make some bread they got five bands right now yeah they're going to open up a little stock account on that cash app or whatever yup yup so first we want to get them off cash out that [ __ ] [ __ ] don't do cash out yeah we don't want them on cash shop so i think a good way fun right now is to wait till um amazon split and google split so they about to split now you told me by right now when i dmv because you got the money for it okay i got you you said somebody got five thousand no it's two thousand dollars right now won't give them the best bang for their bucks green shut up people learn the best bang for them um so i think one of the they can because those are businesses that's gonna be around right and so they bout to go from three thousand dollars to maybe 150 175 right 145 depending on the price when they're split so i think that'll be two good investment fund that happens in may and june um i think another good investment right now would be in financial technology because the what that is it's called fintech it's the way we use money now is changing so your paypal's your squares even though they're getting beat up right now we cannot deny that the way we're using money is different look at the first thing you said paypal i mean you said go get cash right so the way we're using money is different right and so as long as we see that that's cool electronic vehicles right that's about that's the thing like investing in the future is the thing that's how you gonna make the most money so when you when you buy a stock and this is some game when you buy stock don't base it on what it's doing right now based on what you see it's doing moving in the future like basing on how you see the people building that [ __ ] out you know what i'm saying so if you notice like again financial technology is the thing but also um chips so every if everything is going to be with technology you know all technology need a chip you know she can't operate without a chip so a good investment would it be invest in smh which is a etf that i told you about you'll have all the chip companies or invest in the chip company right you see meta versus the [ __ ] look at some companies that's gonna be like making way in the metaverse right that [ __ ] gonna be here in five years ten years like so look you're gonna make money along the way but the best way to become a millionaire through the stock market is investing in the future it's always happening and the best time to invest in the future is when the market going through something so right now the economy is going through some [ __ ] right but every time the economy crashes the next year you get a whole bunch of millionaires and billionaires come out of nowhere wow just happened in 2020 with that recovery it always happens so from every recession become people come out millionaire people people add to the world by 15 right so during the pandemic the wealthy people got richer by seven trillion dollars in a two-year time period while our mothers out here chasing stimulus checks and ppp we trying to we scrambling right we trying to get on they sit back like yup bad right so during the 2000 2002 financial crash right well the people added 50 trillion dollars today well right during the real estate boom the crash in 2008 great recession we was here for that right they got wealthier after every recession the wealthy people get richer why because they buy assets on discount the same way we run to the store for black friday and go buy [ __ ] when it's on sale that's how they look at the stock market that's how they look at real estate well that [ __ ] on sale right now i bet go put 10 million in that [ __ ] right so you might not got 10 million but you got five thousand dollars laying around you got two thousand dollars you've been trapping you've been moving you've been dancing you've been man put that [ __ ] in there you you feel like stock market of all this you know critic over whatever whatever you're doing real estate yeah so i feel because it's the lowest it's the lowest barrier entry i mean it's the easiest to get in so even if you get credit right and i love all of them but when you get credit and you leverage the credit you gotta do something with it right for it to make money you can't just sit on a [ __ ] you gotta go leverage to get into something right so if you go let's say you go get credit you learn how to leverage credit you get some money from some credit the easiest thing to do is if you had already been learning how to trade stocks is to take that money put it in the stock market learn how to trade that now you can pay that [ __ ] back easy right if the market going down bet because you learn how to trade you can trade in a down market the market going up bet you trading the up market you pay the credit back you got free cash america did all the work for you my goal is how do we pimp america how we pimping you know what i'm saying like when i look at that [ __ ] all in business owner yup you went to school for that [ __ ] yep you work for me bet go make me some money go make my daughter some money go make my home and some money or maybe clean some money go make screen some money right how we teach everybody how to make money off them and stuff that we keep being the one they're making money off of so i love to me but i'm a stock market investor if you go find somebody in real estate they're going to say real estate right but for me you make money in this [ __ ] up down and ain't nothing going to beat that this if this [ __ ] crashed we're going to make a bottle of money while it crashes if it crashes with the money no good then we all [ __ ] up anyway you know like we [ __ ] up anyway right and so you know even we [ __ ] up anyway so but it's good to diversify your [ __ ] but man i'm i'm 80 of my [ __ ] in the stock market man i'm i'm sticking with it that's what worked for you man what's some game of motivation you want to give to the people man the wall street trapper supporters the big fat supporters if you let them feed you you're getting permission to starve you man hmm that's a good one for you straight up you wrote that in that big fast that's what you wrote down let them feed you getting permission to stop you man you don't get nobody permission to stop you you don't give nobody permission to take food afterwards found them out and then and every day you not building well you giving them the permission to start every day you're not learning some [ __ ] that's going to change your life you're giving them permission to starve you every day you get up and you see this ain't the life you want you're giving them permission to stop you because you ain't working toward changing that [ __ ] and i mean you're accepting that [ __ ] if you're accepting that [ __ ] you can't blame nobody up with yourself so you allow them to feed you giving them permission to starve you man bird from traffic somebody in the trap right now they want to tap in and learn more they motivated how can they do that uh check my on instagram man wall under school street underscore travel man youtube wall street traveler um we got our website yup yup dudetrapuniversity.com man everything trapping over here you know what i said yeah okay we appreciate you pulling up salute [Music] [Music] [Music] you

Channel: REVOLT

Views: 256,496

Keywords: REVOLT, TV, music, rap, r&b, hip hop, Big Facts, Wallstreet Trapper, Investing, Financial Literacy, Debt, U.S. National Debt, Stocks, NFTs, Money, Banking, DJ Scream, Big Bank, Baby Jade

Id: UY1Ldprp388

Length: 56min 12sec (3372 seconds)

Published: Thu May 12 2022