How Samuel Made $60K Just 30 Days After Joining Consulting Accelerator

How Samuel Made $60K Just 30 Days After Joining Consulting Accelerator


How Samuel Made $60K Just 30 Days After Joining Consulting Accelerator

Niche: Helping people double their investment accounts in 3 years or less. 

Here's what we cover:

1. Where Samuel was before joining Consulting Accelerator. 

2. The importance of market-message match for Samuel and how he escaped a red ocean. 

3. How he helps his clients leverage their IRA into making more money with options trading.  

4. The step-step process a client goes through when working with Samuel. 

5. Why he recommends having a recovery plan for his clients if they decide to make higher-risks investments. 

6. Samuel’s thoughts on diversification and its role in growing wealth. 

7. His plan and the reason why he places such high priority on following it to mitigate risk. 

Samuel’s #1 piece of advice for members:

Take the content in chunks and take the time to implement the work. 


Transcript / MP3

Nick Hauser: Welcome everybody. Nick Hauser here and in today's interview I'm going to sitting down with Samuel Levitz and Samuel's in the investments retirement and wealth creation niche and he actually is only been part of consulting accelerator for and around 30 days and typically on these interviews you'd like to share people's stories who have been part of the training for at least like 90 days to show what going through the entire training looks like and then they can start to get momentum, land their clients on their feet. But Samuel, sorry, was just too good to not not reach out to him and want to share with everyone because you know what? What he really does is he helps people double their investment accounts, 401k's IRA's and saving accounts. And really when he joined accelerator only a month ago, he really described a situation and we're going to jump into it really going from making six k a month of this business, but bouncing from check to check, ending in a negative balance really in the business account to go to the point now where he just really implemented two key action steps in a very small amount of the training and he's been able to make so far this month, 60 k $60,000 and he did a live event coming up here, uh, in the next couple of days. Nick Hauser: So shortly we'll be ready to even boost that number but 60 k right now. So it will be modest. Um, but yeah, awesome story. Want to really dive in and share everything you're doing because really interesting sort of when we chatted just before and see how you did this so quickly. So I mean first off, Samuel, how are you doing today? Samuel Levitz: Now I'm great, thank you nick. Awesome. Are you in Hawaii? I am. You probably see the rain forest in the background here and I won't rub it in, but it's cold here. So I got, I got my fleece blanket calling here. Get in blood within blended. Yeah, Nick Hauser: I hear that. Yeah. The people up north now somewhere, anywhere in the world. They're like, Samuel Levitz: you know Nick Hauser: the camera. So tell me a little bit about before I, well I mean first two like I said it, but I guess who do you, who do you help and kind of what is your niche and your offer? Samuel Levitz: Yes. So, um, so we have our, our brand is called double your Ira and we help anyone that has any type of investment account, like you said, whether it's an IRA, a four zero one k and sometimes annuities, savings accounts, um, any investment account. Basically what we do is we have a guarantee that we'll double your account in three years or less. Uh, and it's kind of an interesting offering, the financial niche because no one does that. No one does what we do and we're super proud to have built what we built. But we've had challenges building this company. Why? Because we're up against, I'm not going to mention their name is you know, you know, these guys, there were one point $5 billion um, financial, um, uh, publishing company. So they're all the guys that you see saying, hey, you know, I went from 15,000 to a million bucks in, you know, in a year and a half and you can too. Samuel Levitz: And we just can't compete with, you know, $500,000 a month ad spend at this juncture. We are a couple of guys that have made several million in the market, but you know, our business is separate from our obviously, so we're trying to run our investment company as its own standalone. That's why every month prior to this, our accounts, our accounts inside the company, we're going hitting zero cause we weren't getting these sales coming in. It's been frustrating. Frustrating. That makes sense. So what was the big challenge here? Was it just being able to close consistently or you know, with, with having those negative months until you joined kind of what was the situation that was going on? And I can tell you exactly the situation was I was swimming in the wrong ocean. I was throwing in what they called the red ocean, meaning that I have had, I had so much competition with the message that I was trying to relay. Samuel Levitz: My message was, you know, we can help Double York counts. We double your investments in three years or less. Well, I'm up against some of the biggest players in the world in finance. And you know, we're a couple of guys that just have done well over the last 30 some odd years in the market very well. But still, um, we're up against people that market for a living. We're not professional marketers at that time. Right. At that time we were, we were just kind of saying, oh, well that's the thing to do. Let's go do that and market it that way. Um, so what we did is we decided to not swim in a red ocean filled with Porras and blood spewing everywhere and decided to kind of, I removed myself, look after I, I, I think I mentioned to you before, but I had started with Sam's training week one by the way. Samuel Levitz: I haven't got past week once already, Sam. Um, because I've just been implementing quite honestly, and I'll tell you about that in just a second, but I just got through week one and there's a couple things that Sam said in week one that for me it was just absolutely stopped me in my tracks. I'm like, okay, I get it. Let me put these to work. One was a market to message match. I'm sure you're familiar with Sam, but that resonated so strongly with me. Here I am, you know, um, it's myself and my partner are trained team basically, and I run every aspect of this company. I'm the Admin, I'm the tech support. I'm the, uh, the market or the funnel builder. You name it other than placing the trades. And you were, that's my, yeah. I have all these different hats. And so, um, I've been stuck in, I'm sure many people down the road had been doing the same thing in, in trying to learn everything in how to balance the learning from the actual implementation. Samuel Levitz: And that's been a real struggle for me, uh, up until Sam and quite honestly, I said, okay, I'm going to invest in Sam and great name by the way. So I, I knew that we were going to have a good fit there. And so I knew, I said, after the things I've learned in week one, I'm just going to stop a moment, even though I wanted to digest week after week after week after week, I was like, I got bills to pay now. I've got clients to serve now. I've got to make stuff happen now. And so I decided to implement what I learned from Sam and it when we on any task, absolutely. 180 degrees turned my business around in just a few weeks, like a few weeks. I went from, I went from one to three appointments every other day to anywhere between six to eight appointments every single day. Samuel Levitz: I had to block out, this has cost me money, nick, just so you know, I had to block out my calendar to for this interview. Um, I'm teasing you, but I did. Um, so it's been a massive shift for me. Just like two things that Sam taught me don't swim in a red ocean. I had to remove myself and look at my marketplace and I said, how can I, how can I offer them what they need without sounding like everybody else? It's spending, you know, three 84 or $500,000 a month to market to those customers. And so that's where we came up with the double your Ira because very few people are talking about that. And so by the time they get on a strategy call with me, they're like, they're ready to go. They're like, great. Sounds great. And how was that, that shift in the messaging to make it ira versus what you were doing before? Samuel Levitz: What, you know, how did that come about yet? So, so what I would do is I would, uh, um, strategy session is how you guys call it. So that's how my phone was opt in page to a VSL or a value video to a link to book my time on my calendar. Um, and uh, so I would take all these calls and I've got my book, I think it's outside, but, um, every phone call I had was a similar message. Well, how are you going to be any different than all these other guys was when I would ask him, well, what do you, what are you playing with? What? Well, you know, I don't have much in my, in my investment account, but I've, I've got an IRA and it's got about a hundred grand, you know, I'm 55. I got a hundred Grand Marais and that was the common denominator for every single phone call I had. Samuel Levitz: Everyone had some sort of a retirement account that was sitting in, now check this out. Does, this was the big one for me. Everyone I spoke to, and I mean everyone had an IRA that had money just sitting inside of a mutual fund. Believe it or not, people still do mutual funds here in America. Um, and the mutual funds earn maybe one to 4% a year maybe. And at the end of the year, of course, as you know here in the states, you know the depreciation of the dollar, you lost money in that account. Congratulations. And so we teach people how to actually leverage that money that's normally inside of an Ira just decomposing and actually put it to work, tax free, tax deductible. And this really resonated with, with um, with our customer Avatar. And it may change, it transformed everything. Like I said, it's just, it's just incredible. Samuel Levitz: It's changed everything. That's awesome. What does he does to be the funnel system you had set up to where you, are you driving like paid ads to it? You said, are you doing organically? What did that whole process look like? Yeah. So, so both I was, I was driving organic, organic and beanie that I would just kind of on my Facebook page and kind of reaching out and doing what you guys call the organic side of stuff. And that's how I stay. I floated my company for the last several months, um, because we were just new to, to the cold advertising world before our companies sustain itself by referrals because, you know, we started helping friends make a lot of money in the market. And then of course, you know, what happened there, those friends would say, hey, you know, hey, can you help my buddy over here? Samuel Levitz: You know? So we realized we needed to form a real company and really, you know, structured properly. And so when bitcoin came around, it sucked out about 10% of our clientele to the bitcoin world. Of course, they lost the farm on bitcoin and have since been knocking on doors. Ain't let it please let us back in. And now our price point is so different now that they're like, yeah, so they can't afford suit. Um, but the point is this, is that once I realized who my perfect client is, um, I think that's the single biggest change in the inception of my company and it's, it's created this, the, it lifted this huge weight. Like my sales calls now are so easygoing, friendly, uh, I don't typically have to implement any type of NLP persuasion. I just shoot the breeze with these guys saying, Hey, I got 175,000 in my IRA. Well, what's your plan to double it? I have no plan which you like and plan. Sure. Great. Okay, here's my price. We go and it's, it's really that simple. I mean, I've got a 43% close rate, um, currently at a, at a nice price action. I'm very pleased, very pleased to say the least. I found someone I could follow that actually breaks it down for me in a way that I can absorb and implement, absorb, and implement. And that was, or what I never did before. So I'm super grateful so far. No. Nick Hauser: And you know, what was, was that just the big thing for you on these calls? Is that it wasn't, they didn't have a problem, but the, almost the, the place where you were sourcing, Hey, here's, here's the funds that we're gonna help you grow. It wasn't something like an array where they had more money and it was something else where they were just like, I just don't actually have the money. And so you shifting that allowed to bring out their pain even more, but then also make it more financially realistic for them to invest with you. Samuel Levitz: Yeah, it was fine. I think, I think here in the stage who the stage, we have Iras and Australia, they call them super funds and whatnot, but here in America, Ira, individual retirement account, most Americans don't realize that you can leverage those funds inside of an Ira. Um, leverage meaning actually trade them. Cause most people literally just take their money and plop it in an IRA, a mutual client, and just forget it's even there, which is the kiss of death in the last, I mean, it's just a silly way to think you're going to retire off an Irish by the way. Um, statistic came out that I'm here in America, the average American needs 22 years worth of IRA retirement income to survive, just just arrive. And very few people have that. Almost none. In fact, none that I've talked to in my course of my business now have that. Samuel Levitz: And so I'm on a real mission to solve that for people because we've got something that really works. And so my job was very hard before because I was talking to the wrong clients. My clients at that time, my avatar that I was targeting, they thought they wanted to double their wealth. And so what's the psychology of that client? Sam helped me kind of squeeze out and that is there. The ambulance chasers, they're the ones that are following the shiny objects, right? They're the, they're the get rich quick type of people. That's not our people. My avatar understands that. The market breathes and it, it, it does a dance. But over the course of three years, your account will double. And the only way to do get there is to have the proper mindset of a, of a wealthy, multimillion dollar investor that we help instill in people. And for some reason, once I changed that message, the flow through my sales funnel is just been like butter. It's been just beautiful. Nick Hauser: What is the big problem that these people have to, that they know they want to, you know, increase their wealth or double if I'm working with you in a short, short period of time. But what is like the motivation and the problem they're trying to sell, like coming to you in the first place? Samuel Levitz: It's, it's always the same man. It's always, hey look, I'm, I'm 52 years old or 60 years old and you know, I'm looking at retirement. I want to retire in the next two to three, two to five years or whatever it might be. Or I don't have any plans set up. I've got this bundle of cash sitting in a savings account, not doing anything. And I need a plan because you know, maybe the kids are out of the house and my wife and I are thinking about doing something and we have no plan. No one, no one I talked to. Samuel Levitz: That's probably one of those calls now coming in and probably um, you know, no one I talked to over the course of all my sales calls. This is frightening. No one has a plan. Like for instance, let me, let me expound on that. When I speak to potential clients and they, maybe they have a hundred grand or 300 grand inside an IRA or they have tried a investing before. Oh yeah, I invest in the market. I said, great, what's what, what plan are you following? And they're like, plan, what do you, what do you mean plan? What? What's your plan known as plant. They just, they'll trade just to try and make money, which is giving yourself a job. First of all, no one wants a job. Then they have to hover over their computer all day, every day. That's not retirement. That's give yourself a job. So it's always the same. No one has a plan to double their wealth in three years or less. And um, typically people have money that's just sitting stagnant. I'm hoping to grow for, you know, through some sort of, you know, mental telepathy Nick Hauser: and what happens next to, so they, they come to the realization like, I need some sort of plan or guidance or I'm trying to make this change. They speak with you and they go, hey, this, this sounds perfect. I've got enough money in my Ira, I'm happy to invest in and work together. But what are the next steps look like? Like what happens from there with working with you? Samuel Levitz: Yeah, so, so we used to actually use to actually trade, um, portfolios. We used to manage portfolios now, um, because we were doing for France. I mean the guy pulled out of retirement. He's the head of my training department. He retired at 52 with millions and millions of dollars in his account. He generations didn't have to work. And so I came to him. It's a great story. I'll tell you real quick. I had about a million bucks. Uh, and, but at the same time, I was looking to build for companies over here and I was super excited. I'm a man. I want to conquer. I'm going to build these four companies. I'm going to take my million bucks and I'm going to give it to a fund manager to manage for me while I'm over here building these four companies. Well, 18 months later, my fund manager of this big fancy high Maka Maka guys we call here in Hawaii, um, had basically lost close to 1 million bucks, just gone in 18 months and I had to pay him every month, blah. Samuel Levitz: All the while I had lost more money with my fund manager than I did building those four companies. And so I quickly put the brakes on. I said, okay, it's time to manage my stuff, which is kind of what Sam has already taught me week one, quite honestly. So I focus back on my investments. Um, long story short, I was able to meet a mutual friend, um, who was a financial savant. This guy that retired at 52 with his trade team, may deca millions trading. And, um, I should, he met, could you take a look at my account and maybe we could, you know, do something. He said, sure man, no problem. You know, this guy, where's t shirt? There's three sizes too big with holes in it. It looks like a homeless guy. And that he likes that, you know, likes being that multimillion under the radar. Samuel Levitz: No one. Yeah, those are the guys that literally you would, you would think he's a crack head and homeless guy. And I always tell that story and he laughs about it. Uh, but in nine months, um, him and his straight team, uh, took my account. We've made over 1 million bucks and nine months, um, using his plan that he had implemented 36 years ago. And so I said, dude, hang on. Because he knew that I run, um, so charities and he's, he admired that about me. So we became fast friends. I should look and we can make 1 million bucks in my account, nine months. Why don't we do this for the average American, like help the average American and grow their wealth and really have an amazing retirement as they fade off into the sunset. And he's like, man, I love it. I'm bored stiff. You know, I got nothing to do. Samuel Levitz: Let's do it. So he pulled his true, the amount of retirement. And so we started off with this altruistic model too. You know, we charged, I think back in those days, we charge $167 a month for our services because we wanted to help world. We were like, we're going to save the world and we talk about the wrong client. We would just get a truckload of, um, people with just poverty mindset is how I call. They just didn't understand, you know, you, we'd send a train, they would lose and about how you guys are a scam. We're like, really? And so we have now transform and morph this through Sam's hell to find our ideal client. Like who is that person? How much money do they have? Do they have the proper a prosperity mindset? And so we've really Mitch down. So now we're basically only talking to people that know that. Samuel Levitz: As Sam says, they're problem aware, they know they have a problem, they just, and so we just talked to them about that problem. Look, you've got money sitting there. It's not earning you nearly enough. You were coming into retirement soon. You want to start planning to have an amazing retirement, let us help you. We've got a guarantee to double your wealth in three years or less. And the conversation is so simple at that point that, uh, you know, we became friends quickly and typically over the phone we have a quick 2030 minute conversation. They, and they, if they can afford our fee, they come aboard and the rest is history. Nick Hauser: Yeah. And so when they do say, hey, you know, this, this sounds awesome. Like I need this, what are the next steps to like, or are they learning how to do with themselves or are you running it for them? You know, can you practically kind of explain like how you helped them double this? Samuel Levitz: Yep, Yep. For sure. So, so there's, we get a lot of clients that have gone to learn how to do what we do and they pay anywhere between 20 to 40 or 60,000 bucks to get this type of training, to learn how to invest the way we do. Well, you have to fly to Chicago or Arizona or Utah and sit for a week at a time blow up. But it's creating jobs for people. And what people realize is after they spend the 20,000 or 50,000 with them, they realize that they have to hover over computer and watch charge and tickers and earnings reports and all this ridiculous stuff. They're like, I can't tell you how many clients we've picked up that have spent the 20 or 50 grand and then come to invest in our service. Why? Because we not only do, we train them every single day on how we do what we do and how to have a plan to double every three years, but we also send our pigs directly to their phone. Samuel Levitz: So as they're learning, they're also earning. So they're seeing how we're trading. What would you really just picked up Ge the other day? It's up 63% already. But our clients, even though even if my clients, you know, want to retire, they don't want anything to do what they love to be able to come in and see how we do what we do because it's fast and truly is fascinating when you get inside the mind of people like my train team who have made over 75 mil plus trading this particular way very casually. And by the way, we only do five to 10 trades a month. So we get a lot of clients that just, you know, sit on the golf course and drink a Mai Tai waiting for a text message from us and you know, enjoy their last, which is the reason why we built this company. We want stress free investing so people can enjoy it. Really. How can you enjoy the rest of your lives? That's just, you know, it's our way to kind of give back and nice now to finally thanks to you and Sam to have a system to where we can actually earn money for a change instead of just doing this a hundred percent philanthropically. Nick Hauser: That's awesome. So it sounds like you're doing it for them but with paths in that sense. But still you're, you're opening up the, the curtains for them to see, hey, here's what we're doing, here's why we're doing it this way. When something happens, they know, okay, you know, if they, if they happen to not be so much of a long term thinker or you know, think like a millionaire investor thinks they might be like initially they didn't have that kind of training that might be like, well what is he doing there? But they kind of know and they say, all right, this makes sense. I'm going with the flow. And it's the expectations. They just fully believe in what you're doing for them. Samuel Levitz: Yeah. So, so I have to state this disclaimer. So we are not a $95,000 a year financial planner, certified financial planner, sheer with six guys. That's, that's not us. We're a couple of guys with no three letters behind our name that have just made several million in stock market. Uh, and what we found is our clients love that and appreciate that about us because who do you want to learn from? You know, would you rather learn how to have a consulting business from guy like Sam Ovens? Or would you rather do it from a guy that is having blinky lights and Facebook ads, you know, holding it shaky iPhone camera saying, Hey, let me help you make gobs of money. Really, really. So, um, we send our, cause we can't trade for people. We can't do it for them. But what we do is we send our clients our plays directly into their phone, uh, as in terms of a text message I should say. Samuel Levitz: And so it's the same traits with myself and my entire company and trade team play at the same time. Meaning we don't buy a stock or an investment and then send to our clients. We say, hey guys, we're getting into Ge. Let's do this together. We keep a nice, currently we keep a nice small community so we can offer the support to our clients because money's a big deal, right? People are very sensitive about their money. They don't, they don't know who to trust with it. And we get that. And this is why we built the company the way we did. How can we structure it so you know, nick can feel comfortable utilizing our strategy to help double his account in three years or less and know that we've got his back every single day in case there's problems. I'll give you an example is a funny story. Samuel Levitz: We had this one gal here in Hawaii. She actually found us, um, and the first trade that she did when she came to us, all of our membership made 300% return in Twitter in six days. Amazing. It was amazing tree and she was so excited. Oh my God, this great. And she had never traded before. The next trade we had sent out. Guess what happened? Well, we had lost that trade because I promised my clients every one of those five or 10 trades, we sat there, some of are going to lose every month. I promise you to just how it works. You just have to have a plan to recover so it doesn't dent your portfolio to the point where you can't recover. And so what did she do? She wanted to make her 1 million bucks on her second trade and so she allocated 20% of her portfolio on that very next trade and it lost. So prosperity consciousness shows you, and this is something we work with our clients daily, you've got to be diligent on your buying. So we have buying criteria is that you never break. So I've got two roles play every play that we give you. Like if you're going to invest the money with us, just follow what multimillionaires doing, the trading world and number two stay within our guy are buying guidelines and you will, you will see a double within the three years. It's just how it works. Nick Hauser: So, so like it's, it's like a done with you almost suicidal. They have to do a little bit, but they're still in control through is probably makes them feel a little better is that you're giving them everything and they're like, eh, they could still, you know, it's not like you're just spending their money, right, Samuel Levitz: right. For the micro managers and all of us, right? Because they get the text message says, Oh hey, by Ge at this price is just a little word. Literally you just open up your, your brokerage APP, Schwab, TD Ameritrade, whoever it might be. And it takes anywhere from 15 to 30 seconds to place a trade and you're done. That's it. You do that five or 10 times a month when we have trades and you laugh about it. So that's, that's the extent of our service and it's, I'm so proud of it, Matt, and I got to say this one because I have struggled with this business to compete with the largest financial players in the world for the last three years. It's been very, very hard. Not My dream to, uh, you know, I'm an investor. I should back and I travel the world and I, I run two charities, which is my biggest pride. Samuel Levitz: Joy by the way, we'll talk about that later if you'd like. But you know as an investor you have this lifestyle of just kind of light stress, you know, you don't have to stress. So when we built this company, it was interesting because I had to figure out again how to get back into business mode and then to compete with these bohemoth of companies one point $5 billion I have to compete against man. It was like how do I do that? And so when Sam, when I got Sam's course, I just dove right in. I think I stayed up all night just kind of devouring and strategizing in my head how can I implement? And that's when I really learned those two things from salmon week in week one in week one dude that I was able to implement and would change the entire direction of my company literally overnight. Nick Hauser: And what were those two things again? Market message match. And then what was the second one? Samuel Levitz: Working Message Mash. And the second one is going to sound really rudimentary to people. And I want to make this point very clear to everyone that's watching. His message was the four things you need to do implement daily. Hmm. I didn't pay any attention to the two cars that I just already do. Those. The second two was get on strategy calls, whatever you gotta do, just book strategy calls and closes. So look your calendar and make the calls. And that's exactly what I did. And I went from, I went from one to two every other day or every three days to a calendar. Now where I'm, see I'm booked out. Yesterday I had, I had eight calls yesterday. Samuel Levitz: Today I've got four because I block out my calendar because I'm getting ready to leave for the Philippines, for my charity. Um, and so what's happened since then? So, uh, I'm looking at hopefully having a hundred, my first hundred thousand dollars a month with the company or with the business. Um, because we have a live event day after tomorrow, I think I could bump in another three or four, five sales to push us over a hundred. I go for 6,000 a month to a hundred thousand a month in month, in one month. I mean pinch me insane, which will allow us, by the way, to fulfill our mission, which is we want to transform 1000 people's lives to help them double their wealth in the next three years. It's a huge mission and we've got a, and we can do it, but I can't do it competing with the one point $5 billion companies that have just squashed us cause we can't afford to play in that ad budget game. Right? So that's why now with this new, um, double your IRA niche focus, it's just, you know, until they figure it out, um, I'm enjoying my new niche and the new, the new flow. Nick Hauser: Now what does this look like? We're the person who they understand that, you know, it's a long term play to invest in this kind of way and they understand that their money needs to be somewhere, but they don't know where and they're on board with everything, but they've never done anything. Just have a bunch of money sitting in a savings account. They were an employee or they're an entrepreneur, whatever it is. And like, what does like that, these next steps, did they take, like do they open up an account online? Where do they do that? You know, can you just lay that out what that process looks like? Samuel Levitz: Yeah, yeah. Normally, normally what we do is we, I'd say about 75% of the people that start with our service, they can afford our services start with us. Um, they've never traded anything before and so they come to us brand spanking new, which is kind of cool because then we get to like imprint on their brain how to think like a multimillion dollar bet. Rabbits. Yeah. No bad habits. Exactly. Thank you. Um, so yes, uh, that, that's what we do on our onboarding call and we onboard a new client and kind of help them get structured as simple investment brokerage company, Charles Schwab, TD Ameritrade, each raid, um, uh, and those conferences Nick Hauser: one or is it up to them? Yeah, yeah. Samuel Levitz: Look, I've been using Charles Schwab since I was 16. My grandpa taught me how to invest and so you gave us a bunch of money, all the relatives and say, let's see what you're doing. It was really trial by fire, right? So I opened up a account. I was like, shoot, I'm going to be an investor. I'm his little punky kid. And a, but that started it all. But yeah, we like Charles Schwab simply for a couple of reasons. Best checks, best support in that industry by far a one 800, four, three, five, 4,000, they'll handle everything. So for instance, let's say you wanted to get started as a client. You're like, Sammy, I've got, you know, a hundred grand or 300 grand over at fidelity is in that mutual fund. What should I do? Just it. And you wanted to move to Schwab, you literally call Schwab and Schwab handles it for you. They're like suck it right over from the Deli, plop it right into your new IRA account within Charles Schwab. And then you're off and running. And you could start leveraging those funds and getting our messages, pulling up your Schwab at, hey great, we're getting into Ge. Did it booth done 30 seconds later and you're back at the beach with a Mai Tai. Do you and your stuff still, Nick Hauser: and this is a self directed IRA, they're sitting up for themselves. Samuel Levitz: It can be any, it can be any, we have a lot of people with Roth Iras, self directed, regular standard Iras. 401Ks if you've got the ability to move and uh, four one ks are all different, annuities are all different. So this is why on our onboarding call we kind of help you or help the client understand, um, what you've got, how to utilize what you utilize and just change the views. Nick Hauser: Uh, like looking at myself here. Oh yeah, it's terrible. Scream. So I guess to know there there's many different kinds, but just like, you know, high level for somebody who is maybe watching and they're like, I don't, I don't really know what any of these things are. I just kind of money my savings account. Like just high level. What is IRA? You mentioned a little bit individual retirement account. What really is a difference between an IRA 401k and mutual fund? Samuel Levitz: So 401k is something that's set up, excuse me, IRA. Uh, the mutual fund is, or I should say 401k is something that's set up by your employer. It's basically a retirement account that's set up by your employer that they typically manage or they have someone else manage it for them. Typically with an a, with a four one k you can control the funds on how to utilize the funds. Most IRA's or a, or sorry, most 401ks you can trade yourself somehow stipulation. So it really just depends. So that's why we get on the call. If a client just has a four one k, then I will not sign them up in the, in the service and less we know that they could leverage the funds inside of an Ira without, uh, any devastating penalties or restrictions. So I'm very conscious and aware of that. Um, singles with annuities, but an IRA for people that may not know and Iras a tax deferred tax shelter. Samuel Levitz: So you can put several thousand it currently here in the seat, you can put several thousand a year inside of an Ira, a where that money can grow tax deferred up until you pull it out at retirement age. Um, most people realize that they just have it sit in a mutual fund. Mutual Fund. To answer your question is like a basket of, of of stocks typically from one particular sector, whether it's um, Tagore or bio or whatever. In my group managers just kind of, they call it diversification, right? Well, diversification is great, uh, for some people, but it's still not a plan to grow wealth. It's a plan to mitigate risk, which is fine, but it's still not a plan to actually stare stuff. And grow wealth. That's the biggest misconception, misconception that we find with clients that want to grow. My, Oh, I mean I've got a, uh, uh, a mutual find me not diversified. Okay, great. But what's the plan to grow it? Uh, oh. So we like to help clients differentiate what that is because you know, some terribly difficult to double every three years or less. Um, but they have to understand the mindset of getting it out of a vehicle, like a mutual fund, putting it into something that you can actually leverage and utilize. Otherwise it just sits there and stagnates and you gotta you just get what you get. You don't want that. Yeah. Nick Hauser: And what differentiates like or over regular IRA as far as when it's taxed? How much you can put in, what age you can take it out to. Samuel Levitz: Gosh. Okay. A high level, high level. Yeah. That's, yeah. That's beyond my pay grade. Huh. Um, so they're self directed Iras, right. Where you can say, look, I want the money inside. My account should go towards this. A lot of people utilize it for things like real estate investments. You know, I want to buy an apartment building with mine, 500 grand inside my ira. Great. You could totally do that and get cashflow inside your Ira, but then now you're a landlord. Congratulations. Um, so you can direct funds from an IRA to approved investment vehicles. Some people have regular Iras, which is just as simple retirement account where you can put money in tax free and you can grow it tax deferred up until you pull that money out at retirement age. And I want to say, I don't think Google knows better than I do. Nick Hauser: Yeah, Samuel Levitz: yeah. Most likely. Um, you could always pull that money out. However, people want to buy an island in the Philippines and they don't care about paying, you know, 30% tax day or whatever it might be prior to that. You can do that. So it's your money, you spend it as you will, but if you want it to grow tax deferred tax free for now, um, you leave it in the IRA. So it's a, it's a perfect investment vehicle to be able to leverage. Most people just don't understand it and can leverage it. People think you just have to have it sit there and just kind of, you know, for meant for the next 30 years. Nick Hauser: And what to somebody, they have their money in a mutual friend deck right now they're listening to our conversation or like what kinds of sounds interesting, but I mean, what's really wrong with what I have, and we described the kind of the, the basket and everything but to, but can you tell you anything else? Like, you know, maybe any hidden fees or the percentage compounded over time for managing mutual fund that they're missing out on if they were to, you know, invest with you and learn how to do it? Samuel Levitz: Well, there's, there's lot of, there's a lot of mutual funds were great in the 80s and that was Kinda my grandpa's waited till, well put it all in a mutual fund and you know, it's like having a job. Like Sam says, you know, back in the day it was you bust your butt, you go to the university, you study hard, you come out of university, you get a job for 40 years and you bust your ass up to 40 years and he's retiring that and then you die. Yay. So that's kind of the same thing with a mutual fund is you just plop your money in a mutual fund and you hope that I do. Diversification is enough that it just kind of slowly trickles in the upward direction. The problem is at the rate of, um, of, uh, how our economy is gone here in the states, which currently is pretty, pretty good, but the decline of the dollar and things like that, if you're making one, three, 5% a year, you're not beating the market. Samuel Levitz: What's the point of having money? That's just, you might as well put it under your mattress at that point if you're not leveraging it to strive to make, you know, more returns than 5% a year. Um, you know, just don't do the grandma under the mattress type of thing. But when we do a trade, we don't, we don't, we don't make an investment just to make an investment. We look to find our strategic opportunity to where we can make 100% return or more. It's not, we won't do it. We won't do it. This is why we only do Lena where from five to 10 a month. Um, because we believe in stress, free trading. We don't want to stress anyone out and we built this company how we like to treat and what's worked for us over the course of time since we've been investing and it's been, it's been great and this is why we have this guarantee that lift, your account's going to double in three years or less if you just follow our two guidelines. Very simple guidelines. Nick Hauser: How do you define a strategic opportunity to know like somebody, others thing like, well you're saying in five to 10, but maybe right now they're like the thing to invest properly and get a great return. They have to be choppy, trading, trading, trading, all day every day. Samuel Levitz: Yeah, that's, that's the kiss of death. And so we don't, we don't day trade day trading is for people that want to look smart. You never see day traders over the course of time become deca millionaires and [inaudible] right. Because they'll lose all their hair and they jump off a bridge somewhere and they call it life. I'm day trading is not our cup of tea. We doubled again. Strategic coach. We like to take strategic hopes. So your question is how do we do that? I'm fairly technical, however we trade technicals, which is fine. Um, you know, read our charge and do all this things. We do everything the old fashioned way. Here's my tree team is very old fashion. You know, they've made the tens of millions doing things the old fashioned way, looking at church, staying up all hours of the night. They love it for some reason. They just love it. Samuel Levitz: So here in a, why am I trade team is up at about one in the morning to start studying the futures, how it looks like for the open of the market. Um, we treat a lot of what's called earnings. So earnings reports, no, Apple's about to release earnings. How does it look for the new iPhone released, these types of things. So we trade leading up to that based on what we think's going to happen. Um, big new cycles. You know, Brexit was um, a big, a big deal. That was I think over to $2 trillion was lost on that Brexit day. And that was the single biggest day we've had in our service, uh, ever. So we're very good at being able to pick big news cycles out. So we trade technicals, we trade earnings, we trade new cycles. We kind of don't discriminate. If we see an opportunity somewhere, we're going to exploit that opportunity for our clients. Nick Hauser: Yeah. And what we'll usually indicates to like, this is a good opportunity. Like Apple's about to release the iPhone. So you could probably say, well there's probably a very valuable, it's a new product that's going to sell a lot. So that's why it makes sense. What's like another example too of like identifying something that's like, hey, that while it's never set in stone, but you're like, this is probably based on everything we know in our experience, this will provide a good return. Samuel Levitz: Like so for instance, on 2016 we saw a huge opportunity in banks, Bank of America, one of the best stocks in the US Stock Market Bank for America was settling towards, it's all are 20 year low. Very, very rare. Very interesting. And the tree team was able to, to identify this trade because they realize nothing's going to happen to Bank of America, the strongest U s bank stock there is, right? And so we decided to make some plays and now these are option please. Uh, let me kind of clarify it. So let's say you like a bank of America. Let's take that example and let's say Bank of America is trading at 50 bucks and you've got x amount of money in your account. You can buy x number of shares of Bank of America at 50 bucks. That's how people trade in the stock market. Samuel Levitz: And then if it goes up to 55 bucks, congratulations, you made $5 times, however many shares. Great. Well, with options what we do is we compound that leverage multifold meaning one option contract is equal to 100 shares of that stock. So we can control 100 bank of America shares with one option contract. We typically, our specialty was finding option contracts that are anywhere between $1 to one penny. Never pay more than that so we can get into option contracts ludicrously cheap to leverage massive, massive returns. This is why 2016 we got into Bank of America and we were able to do over 3000% return on Bank of America multiple times leading up through Q one of 2017 and that change our clients' lives instantly. I mean it was in those three months, some of our clients triple their accounts and your three months and got free shares, Bank of American stocks, they're holding onto which our dividend bang. Samuel Levitz: So every single time there's a dividend paying and they get free, either free cash in their account or more free shares of Bank of America. I forget what it's trading at today. I didn't see you. It's well over double. And so they made money on the front end. They're making money on the backend. So we don't just, we don't just trade to trade. We have a strategic plan on how to, how to leverage what you have to create wealth to create a foundation that you constantly raise the ceiling on. So now you've got a hundred grand, you know, in three years or less, you're going to have 200 250 and then you've got to set the new foundation. How do we leverage that 200 to half a mil? Great. That's built from there. So this is what's important. Why I talked to people every day. No one has a plan. Again, they just trade to trade. And that's a kiss of death because if you're just trading to trade the market and try and make money, you're getting, you're going to have the Las Vegas mentality of, you know, emotional. She's me emotional tradings going to set in and that's deadly. That's when you know you lose 1000 bucks today. Well I know I got to spend 2000 bucks to cover that loss and hopefully makeup. And that's when he would see people jumping off bridges and not good. Nick Hauser: And that's the common thing I've heard throughout this conversation is the plan and the plan of action. And the example you gave was the client, she on her second trade wanting to make $1 million and then it didn't happen for unfortunately. Uh, but what you said though is, you know, we only will, we'll make this trade and even if it's a bit of a risk with having a plan on the backside to maybe mitigate some of their risks. Can you kind of explain what, what that looks like? Is Somebody here that might know? They may be like, but if I have x amount of dollars and I want to take a risk here, I think this might work, but I don't know, but this is a stretch for me. Samuel Levitz: Yes. Nick Hauser: Money left to put back into that. Like, what do you mean by have a backup, you know, kind of way to mitigate that. Samuel Levitz: So it's a multiple good question and it's a multifold answer. Multifold answered in the sense that one of our two rules to invite someone into our service if they can afford it is it's a rule number two is um, our, what we call our Brian criteria, three to 5% of your entire portfolio. So Nick, quick pop pop quiz for you. I'm going to put you to the test. Let's see, you have $100,000 IRA trading account, whatever. And we say, Okay Nick, we just put out a play four g to five g at this price, this limit order, boom, it comes to your cell phone. How much of Gee are you going to be purchasing nick? Nick Hauser: Anywhere from three to five k. Samuel Levitz: Perfect. So anywhere between three to five k never more, never less because we have a strategic plan to it's is, it hits great, then your account is starting to leverage and grow and stairstep if it doesn't hit, it doesn't Ding your portfolio such that you can't pull it back and keep it moving in the same check trajectory as we are anticipating. So that's rule number one that really must be adhered to. And that's what that one gal didn't do. She made 300% return on our first trade, got overzealous, put 20% of her entire portfolio on the next trade and it lost of course. But it was the perfect lesson for her because she's like, okay, I'm so sorry I won't break that rule ever again. And now she's one of our best clients. It gives us, I think we've got two or three testimonial videos from her, which is great. Nick Hauser: You know, I know we gotta hop off here too, so I want to, I want to explore a little too just what your vision is for your company and your Jerry's. You're working with the West. Kind of a technical question, but some people are watching the same thing I like with like, or this guy is talking about the three to 5%. Like what's special about that number? Yeah, I know it's low compared to 100% all in a one thing. But how is the three to 5% strategic is effective to, you know, not bet the farm. Samuel Levitz: Yeah man. So, so what we've learned over 36 years of trading is that any more than that, and you're lucky, Samuel Levitz: any less than that and you're, you're done be bored stiff, you're on it, you're on a 15 year plan. Did you know, make a dent in your portfolio? We found three to 5% is a perfect niche number because when you do have wins, it able to stair stepping grow to where you can start seeing some compounding happen and where we can predict within that three year timeline, but your account is going to double at some juncture between that timeline based on what's happened in the market in the past 40 plus years. Um, and when you do have losses, because when clients come into my service, that's one thing I promises every month. We're going to send you trades that loose. I promise you that. So let's get that out of the way. Now, how do you structure your accounts so that you can absorb the losses? Samuel Levitz: They don't crush you. They don't, they don't, um, take you off your plan, take you off track to where you can't recover and keep growing. So we had put things in place to hedge. For instance, when President Trump meets with President Xi of China, we're into, uh, uh, a steel play because we've got a good feeding plus the wall here in the states. We think it's going to be steel. Well, we have the play set in place for a ks, which is a ETF. I won't bother you with the details, but we saw it coming and we said if she goes with Trump and the wall goes, is going to be a big boom for the steel sector here in the states. Um, if it doesn't, we had a quick countermove to called the Vix, which is, um, the fear index in America. So when he come, he goes up. If your index goes down, we call me to go down if your index goes up. So it's a nice hedge that you can kind of do the ying and Yang also. That was one suggestion. One example that we did against that. Fortunately, we did 63% on that steel play in six days. You know, our favorite motto here at Double Your Ira is, um, clients never lost any money taking profit. Speaker 3: Okay, Samuel Levitz: that's awesome. That's awesome. Sorry, 63%. We'll take it. Nick Hauser: You explained here too, um, uh, throughout, you know, throughout the, but, but does Samuel Levitz: summer, I see like what is the vision here for you and what you're trying to accomplish with, with your company? The reason we started the company was really to give back. I mean, as I mentioned, I've been an investor for a long time and uh, and it's a great life because you can kind of read to do what you want to do, right? It's kind of Robert Kiyosaki's quadrant in his world project where you want to be. Um, and the same time, it's like, like the head of my training by, he was bored stiff. He didn't, you know, he'd made tens and tens of millions of bucks and was bored stiff with nothing to do. And so we started the company to really, how can we help? How can we take the average American and create something for them to where they can sail into their retirement? Not worry about money, because when you don't have to worry about money, as Sam teaches us, uh, things just become easier. Samuel Levitz: And so I started my two foundations before, um, I started this company. And so now what I'm able to do is I'm able to do bigger things now. Like when I don't have to worry about my company making money. Thanks to you guys [email protected], man, I can, I'm flying over for a month. I'll be in the Philippines for a month. Um, I started my foundation. There were, it's called pay a low health forward dot. Orgi. Check out the videos. By the way, pay Aloha forward dot orgi little plug, but building this really cool. It's that my concept is to build the largest bamboo eco structure in the Philippines and utilize it as a community center and Learning Center for a small mountain province in the southern part of Cebu. Bring in a library. These people, they, they're such a simple, lovely people. They don't know what they don't know. Samuel Levitz: They know they want more money, they have no clue how to get there. So we want to bring in some of the basics. I don't want to change their, their landscape because it's beautiful and a beautiful people. I want to be that one American forces, Western values, no way. I just want to show them what's possible to unlock their minds so they can create a better life for themselves. Because the number one export of the Philippines is Filipinos. They all have to leave in order to make money to send it back home. And so I accidentally fell in love, uh, shortly after I, I went to the Philippines and now I'm going to be getting married. So I do work over with my, with my charity foundation might, I've got my architect working on this beautiful structure and now in the fundraising stage of it and it's just doing it. Samuel Levitz: It's just, I'm so, so grateful to have found you guys because I would have had to do all that with my investment money, which I didn't want to do. I wanted my company to be able to stand alone and you know, succeed on its own without me having to give myself loans for the company to pay for things to get the company going. So as you can tell, I've got a lot of homework to do. Yeah. That's the box that we send out to read that 20 pound box. I don't know if it's going to go on the trip to the Philippines with me, but um, but I know this one, I know this one will for sure. And uh, man, I just encourage anyone that's listening to just take it, take a breath when you go through Sam's stuff and make time to actually not only just digest, absorb and learn, but actually take time to implement those things. Samuel Levitz: Because if not, what I found for me over the years, if I digest this whole course or what have you, and then I'd forget, I have to go back after the two or three weeks that I've studied it and realized where I had to implement. So I like personally for me what works best is I take it in chunks. Like I said, I did week one and I turned my anchor Mama. I'm shooting for a hundred grand this month out of them, you know, normally when I do six to eight. So man, I am so grateful nick, I can't even begin to tell you. Nick Hauser: Yeah, that's awesome. And then I've spent, my next question was any advice you have for a new person starting out, whether they have a business or they're just getting started from scratch? Um, so that's, that's awesome. And the vision you have set forth, it's, it's really clear and it's awesome that we can be part of helping you do that. For sure. I guess the closes that where can people find out more about you online or they like our conversation there, got money tied up in a mutual fund or they got and I already sitting around where can they find you? Samuel Levitz: Yeah, thanks man. Yeah, we're just going to double your double your and we have a quick little um, VSL, what we call her, our value video there. Then just kind of explains things. If you think you qualify and you, you know, you need a plan in place, there's a link there that schedules my time. He will speak with me directly or hopefully my sales team by the time when people see this. Um, and we simply get you started because the fact is you need a plan. We all in the states, we all need a plan. None of us have a plan. Most people don't have a plan. So it's my job to really help people see that they need to plan, help them input, implement that plan, and keep them on path so they can see their accounts double every three years or less. That's my goal. Thousand people and I'm not gonna stop till I get them. Nick Hauser: Awesome. Cool man. It's been great speaking with you right here in this story. So that's a short amount of time. And again, you all did like three, that three to five to percent of the program, um, it's still got all the results you want it. So perfect. A conjunction there. But yeah, again, great speaking together and I look forward to seniors tests moving forward. Samuel Levitz: Mai tais on me. When you guys coming up? Nick Hauser: Yeah, you got it. See Ya. Samuel Levitz: Cheers man. Thanks. Nick Hauser: Okay.