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Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call.

Today, we’re going to be


talking about why money disappears without financial intelligence. Now, I’ll tell you right off the bat, I think I actually
lied. I think it doesn’t disappear. I think it transfers to the intelligent. It doesn’t matter what discipline you’re actually
looking at for investing. It could be stocks, bonds, commodities, real estate, Forex, options contracts, Bitcoin. It really
doesn’t matter. The idea is that when you look at where your profits and losses have eventually come over time and
even going back historically, it always comes from the transfer of money from those who do not have financial
intelligence to the people who have financial intelligence and it’s just purely about understanding the mechanics and
the business model of whatever you’re trading. Like options contracts for example is a very numbers, statistical
probability-based system that you would be trading versus something like real estate might be more cash flow, leverage,
spreads, like more location-based data on demographics and growth and job market. I mean, there’s just different data
points, but ultimately, it’s just understanding the mechanics of whatever system or discipline you’re ultimately
investing in. But whatever it is, you’ll ultimately find that people who lack financial intelligence will just let their
money disappear and it will start to transfer to those who are more financially intelligent.

And some people call this the law of attraction with money, this idea that people who are good with money then attract
more money and I think this is true. I think that when you use just a very simple scaled analogy of just managing a
small bank account or a small trading account, if you’re good with managing just a small amount of money and you can
do it well, you’re naturally going to grow that stockpile. Now, that doesn’t mean that money is going to come flying in
the windows. It’s not going to come off of the trees and hit you, right? But it’s just this idea that it will start to attract
and accumulate more money. If you’re a good steward of money and you have financial intelligence, you will naturally
attract more money. It will start to now come more naturally to you. Just keep that in the back of your mind today.
Money doesn’t disappear when it’s lost and that’s the thing that people think. When they lose money, they think it
disappeared. It didn’t disappear. It actually just transferred from somebody who was not financially intelligent to
somebody else who might be more financially intelligent. Hopefully this helps out. As always, if you have any
questions, let me know and until next time, happy trading.

income -1,319.86 750 frost offer to vacate 153 credit 1

bank -103 -210 advance at court -68 cable (09/04)

R 1050 -120 cash 85 avail

util 60 420 bal -20 lipo

ros 600 -1,130 loan 65 avail at Cred1

fr 100 -709 repay (nov 1)

chong (400) 400

fee 100

wil 100

amica 0 09/17

credit 1 (paid 08/23) 0 avail $153

capital 1 (bal 447) 0 5-Sep 75 paid 08/25

spectrum home 0 4-Sep cap 1 68.07

spectrum cell 0 15-Sep paid with C1


maigua (R+F) 3.85 122

lipor 20

1,129.14

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