Welcome to The Gold Collar Investor Podcast with your host, Pancham Gupta. This podcast is dedicated to helping the high paid professionals to break out of the Wall Street investments and create multiple income streams. Here’s your host, Pancham Gupta.

Hi, this is Russell Gray, co-host of The Real Estate Guys radio show and you are listening to The Gold Collar Investor Podcast.

Pancham Gupta  Welcome to The Gold Collar Investor Podcast. This is your host, Pancham.  Really appreciate you for tuning in today. Let’s get into the show. I have a good friend, Bronson Hill as a guest today.  He is the managing member of Bronson Equity. He is the general partner and footing handler multifamily units worth over $100 million. Bronson co-leads a large in person multifamily meetup in Pasadena, California called Phoebe Pasadena Multifamily.  Bronson understands the investor mindset having spoken individually over the phone with over 1000 investors and having raised $18 million for the real estate deals. So, you know Branson recently also quit his full time job and he is full time talking to the investors and really helping them understand investing in multifamily. Hey, Bronson, welcome to the show, man. 

Bronson  Awesome, man. Really excited to be here, Pancham. 

Pancham Gupta  Yeah, super excited to have you. You’ve been doing some big things really excited to have you on the show. So, before we get started, are you ready to fire up my listener break out of Wall Street investments?

Bronson  I am so ready to fire up your list of getting people out of Wall Street into main street. Let’s do it.

Pancham Gupta  Let’s do it. I like the energy man. So, Bronson before we get started, like tell our listeners about your background, and more importantly, the person behind that background.

Bronson  Right. So, this is actually a really big week for me, as I mentioned earlier, Pancham, I quit my job of 10 years in medical sales, my medical consulting job that I was getting paid really well to do so that I could focus more on investing both passively and actively. And so, I’ve always been interested in real estate investments. I’ve been a single family investor. And then I had a relative who did you know, I was doing a bunch of single family stuff. And my cousin, I got a distant cousin said, hey, you know, you want to do this and get 30 houses? Why don’t you do multifamily? And I said, oh, I’d love to do multifamily, but I don’t have the money. And he said Well, you can raise the money and he taught me about syndication. And really what I’ve learned about syndication has allowed me not only to quit my job, but it’s also allowed me to 10x my net worth, and really help many other professionals to become financially free. So, I LOVE LOVE, LOVE passive investing. I love talking about the things that you love talking about economics and wealth preservation, growing your wealth, thinking outside of the dollar, probably precious metals, Bitcoin, all the different stuff. And I have opinions about all of it. So anyway, I’m just so excited to be here. I know your listeners are. A lot of them are folks that are really trying to become financially free. And that’s right up my alley. So, I’m really looking forward to conversation.

Pancham Gupta  Awesome, awesome. So, you know, there’s a lot to unpack in the short intro over there. You know, I want to ask you this, right, like we’re recording this early August, and I know you just recently quit your job. And first of all, congrats, man. I know the feeling. I know the feeling, you know, I quit before COVID I know a lot of people have quit post COVID. So, the feelings a little bit different but it’s nevertheless you know, the end result and the goal is the same. So how do you feel?

Bronson  I feel amazing. Yeah, I think in the beginning, when I was thinking about doing it, I was gonna leave right before COVID. And then COVID happened, I was really kind of upset because I think no, this was not this wasn’t the plan. I was gonna, you know, and of course, real estate changed a lot. We do a lot of multifamily investing. And so, things slowed down for a little bit there, but it’s worked out well. And I think the question comes up like, well, when do you leave your job? Like how much is enough? And I know you wrestled with that too Pancham. You’re talking about you had a coach that helped you to actually be able to go in and quit your job because it’s like, if you don’t have entrepreneurial friends or family, it’s hard to actually take that next step. So, it was really helpful. I have a group, I’m part of a group called Entrepreneurs Organization. And basically, there’s six of us, we get together every month, and they were all unanimously like, no, you need to leave your job because the upside is better over here. So, I feel great. I feel excited. I’m probably busier or as busy as I was before so I’m not just you know, sleeping until noon every day which–

Pancham Gupta   You’re not on the beach every day? C’mon man. 

Bronson  Just every other day. Yeah, exactly. I wish. The yachts and my Thai lifestyle. I’m not there yet so

Pancham Gupta  So, tell me you know, what was the mindset like you had this career on youth and medical professional, right, consulting, and now you wanted to switch, and you know, how was it like for you, like, you know, talk to us about the mindset when you first start to feed, what was your family thinking when you talk to them about this and how did you overcome any of the hurdles that you probably had?

Bronson  Yeah, that’s a big question. A lot of big questions there. I would say in general, I’ve always been interested in real estate and the idea of being financially free, because when you’re financially free, a lot of people don’t really know what that means, or they have different opinions on that. But I think it means is that you have enough passive income coming in to cover your living expenses, and you can live comfortably. When you have that coming in, you basically are financially free. If you are a well-paid professional, I worked in the past with a lot of physicians, couple of I know offhand, they made over $3 million each per year, but they were working 80 plus hours a week. So, to me, that is still the time for money trade. And that is not actually financial freedom. So, for a lot of listeners as well, it’s just if you’re going if you have to go into an office, if you have to go to work, then you’re not really fully financially free versus if you have investments that can take you there. So, for me, it was really interesting. For many reasons, I have a lot of you know, creative pursuits, pursuits, I like I write music, I love helping people to become financially free. One of my big why’s and doing all of this is to actually help fight against human slavery in the world, there’s actually 20 to 40 million human slaves in the world, there’s a lot of meaning and a lot of purpose. That’s kind of from this. And for me, I really felt that if I could generate a passive income, it would free me up to be able to have space to create resources and connect people and educate them on how to become free themselves. So basically, how it started, like I said, I wanted to do it, I have, you know, it becomes the golden handcuffs, you know, not necessarily the gold collar, but the golden handcuffs where you just can’t leave because you get paid too much. I was getting paid over $200,000 a year to work basically 20 hours a week. And that’s very hard to walk away from and so my family thinks, man, you were crazy. You got the best shot, why would you ever want to leave like you’re getting paid to do like, why can’t you just be content, and but to me, I didn’t really want to do that, because I knew I would just stay there, and it wouldn’t really be fulfilling. And so, for me the biggest thing when it comes to my own personal growth, and I know your personal growth person as well, Pancham, we’re on the same circles. And it’s this idea of wealth, and personal growth. And those really go together. So, to me, I don’t just want to be someone who’s wealthy, I want to be somebody who’s just got resources. But I also want to have a purpose with that. And I want to become a better person, next year than I am right now. And so, this time and space, when you have freedom of time, that’s really when you have financial freedom. So, to me, I feel like now I have time to be able to create and do the things that I’m here to do.

Pancham Gupta  No, that’s great. So, when you had all those great ideas in your mind, right? Did you have negative thoughts as well? How did you overcome that? Like, did you when you first discussed with your family? was the response like Oh, man, just go ahead, do it. Tomorrow quit, you know, or was it different? or how was your own internal struggle?

Bronson  Yeah, so I think, you know, the world is full of negativity, we’re also we’ve also internalized a lot of negativity, a lot of times from our childhood or from other things. And so, it’s very normal. I mean, I’ve had tons of negative thoughts. About five, six years ago, I started doing affirmations where I basically created things, there was a time in my life where something you know, tragic personally happen. And I just felt a big loss of just confidence and just kind of faith in myself. And I just, I felt really personally very vulnerable and very weak. And so, what I started doing, they started creating different, you know, affirmations, and that sounds a little cheesy and hokey. But basically, as you say it in the mirror each morning, I’ve got 15 that I do each morning, and I basically say them, you know, whether it has to do with goals, or confidence, or my identity, who I am, I began to watch over the next 12 months, myself really take shape and become that person. And so negative thoughts, I think everybody has negative thoughts. And our bias is negative. So, the only way to change it is you have to every day, you’ve got to you know, surround yourself with those thoughts of who you are, who you want to be what you want to be true about yourself. If you have a faith, you know, what you feel God thinks about your what you think God thinks about you, and then get around people that are positive people. So again, if you’re the smartest person in the room, or if you’re around a bunch of people that are not where you want to be, you need to get in a different room of people that are at the next level. And so, I realized that I had to kind of limit maybe, you know, time I spent with certain family members, I had to say, okay, I’ve heard what you think, but I’m still quitting my job, what I had to kind of just like, go for it. But at the end of the day, there’s a quote by Mark Twain that says, at the end of your life, it will be the things that you regret that you did not do rather than the things that you did do. And so, this was something you know, I just turned 40 recently, so it’s like, you know, if I didn’t do this, I know if I when I’m 70 when I’m 80. I’m like, what if I really played full out, and I just went for it. And if it doesn’t work out, I could always go back and get another job. I always go get another job, but like, I just know for me like I want to give it 110% because it’s in my heart and I know I can do it. And if it doesn’t work out, there’s always options.

Pancham Gupta  Great man. So much mindset, some golden nugget state. So, Mark Twain said that, but I’ll tell you there is a real inner story in India, just a quick story in India, there are displays holy place where all the old people, like a lot of them who are religious, they go and stay for the last part of their life. And you know, want to just spend time there. And you know, the idea is they go to heaven. And so, there are people over there who actually take care of these old people. And some of them have gone and seen many, many, many old people, and they talk to them like, okay, what are, and they open up, right, they talk, it’s their last moments and all that in their life. And the number one regret, like Mark Twain said that they have for all the things that they did not do that they could have done if they had enough courage. So, the guy actually wrote a book about it. So, it’s across countries, religions, and it’s true across humanity. So, it’s Yeah, definitely, the message there is, do not stop yourself and whatever you want to do the purpose, go for it. So cool. Let’s switch to know what you’re doing today. right? So, tell us about like, you know, Nadia, all the time in the world. How are you spending it? And what’s your I know, you talked about the mission, which is very similar to mine, when it comes to the podcasting but what is it that you’re doing?

Bronson  Yeah, well, besides, you know, sipping my ties and being on yachts, right, we talked about the benefits of free lifestyle, which is not. I mean of course, I’m away on weekend,  so I’m not that far in. But no, I really, to me, I feel like I mentioned, even though you have freedom of time, when you’re financially free, my own personal belief or my faith is that everything we have is a gift. And especially when it comes to time, it’s like a trust that’s been given. So, I really think about what I can do with the time that I have. And so it really comes for me down to my why, my big why’s is human trafficking and fighting that, but my why for each person that’s part of our group of, you know, over 3000 accredited investors, it’s just I want them to become financially free, I want them to start investing outside  of Wall Street, I want them to start basically finding ways to looking at wealth outside of the dollar, and really see, you know, their own goals, their own financial goals, what could be possible if they became financially free? So, I think for each person listening, I think that’s something that is important to me is that, you know, obviously you’re listening to this for a reason you’re hoping to get something out of it. But what is the why? What is the if you had enough money, what would you do? And I think there’s this space that’s really interesting between finance and spirituality, where they kind of combine because I think money is very spiritual, how we look at it, and what we do with it, and where we, where we place it. And so for me, it’s that idea of a trust its idea of stewardship, and how can I really help people to get further along their path and in their way they may be related to finance, it may just be related that somebody needs a friend, somebody needs to talk, you know, whatever the thing is, and so, but I try to just think of each day as being a clean slate being an opportunity, what I want to create, what do I feel like, will really help and add value to people and I know you’re doing the same thing to Pancham with your community, you’ve just added so much value, you’re doing awesome stuff, and you’ve watched a lot of your listeners become financially free as well, which is amazing.

Pancham Gupta  That’s great. So, can I ask you this, like, you know, what is one goal, I know you mentioned this, like, how are you achieving this financial freedom for your listeners? Are you focused on a certain asset class? Like, what are the mechanics behind what you’re doing?

Bronson  Yeah, that’s a good question. I haven’t really talked about that. So, we do multifamily syndication. So, we have over 100 million in multifamily assets on the south I love the Sunbelt because of you know, COVID reasons, business reasons, landlord, you know, rights, population migration, people retiring, there’s so many reasons why I like those areas. And so, we basically work we have deals we’ve done in Texas to Florida, and we love I call it the unfair advantages of multifamily investing where you get high cash flow, you get appreciation, the tax benefits, especially for high earners, like probably many of your listeners, some of the tax benefits are incredible. And then you just really have an inflation hedge there as well as the amount of money being printed has gone up 400% in the last 20 years, and so people wonder why everything is costing more it’s for that reason so that’s really our business is really looking at multifamily investing. We also look at other alternative assets. I personally invest in other asset classes as well, but our bread and butter is multifamily. 

Pancham Gupta  Got it man. I cannot say enough about multifamily. So, I love all the reasons you mentioned and a lot more when it comes to multifamily. So let me ask you this right, switching gears a little bit, what is one goal that you’re most inspired by but also very uncomfortable at the same time that you’re working towards now that you have quit your job, which was probably, if I had asked you this question two weeks ago, probably that was the goal. So now, is there any other goal that you are shooting for?

Bronson  Yeah, I mean, I’ve got a lot of goals, I think there’s some big financial goals as far as making a certain amount of money to be able to give, I mean, I want to, you know, my why is I want to make a lot to give a lot. So that’s kind of my there’s a book by I think it’s Bob Berg called the Go Giver and it’s a great book, the idea that, you know, true wealth is being able to give and there’s such a gift to be able to do that. I mean, I’ve got personal goals, I’m doing a Spartan Race, which is like an obstacle race, I’m trying to qualify as the over 40 years old categories, I’m gonna see if I can be a, you know, qualify there, I’ve got a YouTube channel, I’m ramping up, I’m doing all kinds of macroeconomic and other sort of stuff. And I’ve got, you know, I get keeps growing, it’s gone up, you know, four or five times the amount of number of subscribers since I kind of early on. So, it’s growing, but it takes time to grow that. So that’s a big goal as well. I mean, I’ve got goals in every area of my life. So, I’ve got goals with, you know, my family spending time with my daughter, taking her to Lego Land next week, which will be a surprise for her where she starts school. So excited to be able to do that because I’m not going into work, which is great. But yeah, I think just really, I think probably needs a little more clarity on just, you know, how many people I know some people like they want to release a million people from financial bondage or things like that. I should probably quantify that a little more. But I just I just thought that you know that yeah, you know, but the idea that like, you know, for each person, even one person that is able to start investing passively, I have had over 1200 one on one phone calls with individual investors. And it’s just, it’s amazing to me to see that once the light goes on. It goes from this like idea of something that’s possible. Oh, yeah, people do multifamily investing to where they actually invest. And they’re like, oh, my gosh, this could actually work. And they can start taking some of their other wealth and allocating much more resources to it. And they’re getting all these benefits. And then they start to see the freedom that could come as they want to quit their job or as they want to retire. Or as they just want to see their wealth, grow more, and pay less taxes. So, I love being involved with just even individuals kind of walking through that process is really great. 

Pancham Gupta  Awesome. So many goals there. I love it in all walks of life. right? 

Bronson  Yeah. 

Pancham Gupta So, I’m gonna ask you one question. That is, this is more about failures, right? So, is there any specific failure, one specific failure that you can speak to that you think has set you up for later success in life?

Bronson  Ah, that’s a good question. Once failure, I think every failure teaches us something if we’re willing to learn. I go back. Yeah, I had a job when I was in my mid-20s. It was a career job. And I was really excited about it. And basically, like, I had moved to another state for this job. I bought a house, I’d gotten married, bolder earlier, and just six months prior, and they basically came to me and said, yeah, we just don’t think it’s a good fit. And your last day is Tuesday. This is on a Friday, they came to me so Friday at two o’clock, and they say your last day is Tuesday. It was like the entire air in the balloon Pancham just got like totally lean or let out, just totally gone. But I think it was that feeling of afterwards a lot of emotion that came from that and feelings of you know, am I imposter? Am I a faker? Am I and that’s imposter syndrome is a common thing. I think most people feel at some point, there’s the feeling of, you know, what am I going to do now? Or oh, my dream has been shattered or what is there left, but I think in the place where you end up where you feel like, there’s nothing, you know, you’re kind of just at a place of like, I feel like there’s nothing I had, I don’t know what the next thing is, it really is a time that you can just sit with that and allow yourself to grow. And then you can create something, you know, it’s like the idea of something dies. And it can kind of give life or give place to something else, which I think is really beautiful. So, to me, I think just probably the idea of perseverance, and realizing, you know, if it doesn’t work out in one place, it could work out in another now if I have a setback or a deal doesn’t go well or an investor gets upset, or I don’t know, I’m whatever reason something happens. It’s not favorable in life. It’s like, you know, I can say this is not my first rodeo, like, things are not always gonna go perfectly. And that’s just life.

Pancham Gupta  Perfectly said my friend. All right. So, I have one last question for you before I go to the second part of the show, which I call taking the leap round. And my last question is this. Do you have a morning routine that you follow? If so, what is it? And do you think it attributes to your success? I know you mentioned affirmations, but yeah, do you do anything on top of that?

Bronson  Yeah, so I do I get up, I do my affirmations. There’s an app on the iPhone called keynote. A keynote is basically like a PowerPoint on your iPhone if you have an iPhone. And it basically you can just put in text there and I just, you know, you press buttons and just kind of goes to the next slide. And so, I read my affirmations that we can put pictures in there or loved ones or goals or things like that, which is great. So, I do that. I read my goals each morning. I go through my personal mission statement. And basically, I do some of that stuff in the morning. And then I have a like spiritual practice. I do some reading the Bible and praying. And then I if I have time, I like to go sit out my front yard, and I’ll just go kind of sit and reflect or journal. I enjoy doing that. I don’t always have time to do that. But that’s something that I enjoy. But I think in the morning, just kind of taking some time trying to get centered trying to focus and say, okay, this is who I am, this is where I’m going. And give me some space for that I think is really important. Great. 

Pancham Gupta  Great. Is that from the book Miracle Morning?

Bronson  Oh, yeah, I you know, I think it’s similar practice to that I don’t specifically , you know, you exercise, you do reading and there’s all the things you do in the morning, I’m not a 5am guy, you know some matter if you’re a 5am guy, they give a little, you have little kids, you’re probably a 5am guy.  

Pancham Gupta  Yeah I am, actually I’m a 4:30am guy.  

Bronson  So, I think the Miracle Morning is like it’s a miracle if I get up before like 730. So, when you have little one, you become a different person. So, you’re there. But I think whatever time you get up, I do think mornings are really, there is something really wonderful about mornings, if you’re intentional to set up, this is what I want my day to look like, this is where I’m going you remind yourself, you know where who you are and where you’re going. And I think your day, my day goes much different when I do that. 

Pancham Gupta  Great, man, thank you for sharing that. We’ll be back after this message… If you want to know the top six reasons on why you should consider diversifying outside of the Wall Street, then you are in the right place. I have written a free report for you. It goes into not just the top six reasons why investing in stocks for one case may not be the sound strategy but also what are the alternatives. Get your free report today on thegoldcollar investor.com/download, I repeat, thegoldcollarinvestor.com/download… So, Branson, we are going to go to the second part of the show, which I call taking the leap round.  I asked these four questions to every guest on my show. My first question for you is When was the first time you invested outside of Wall Street?

Bronson  Yes. So, the first time I invested outside of Wall Street, I bought a house, this was in another state where I was living. And I ended up keeping it when I moved, I think I’d mentioned I got fired from a job or I lost this job and never been fired from any jobs. That was tough. But basically, I decided that we could have sold it, we ended up keeping the house and ended up being a pretty good long term investment for us. And so, to me, that was kind of what I realized that oh, well, I actually can do much better putting money outside of Wall Street rather than just buying stocks and bonds.

Pancham Gupta  Got it. Got it. So, did you have any fears that you had to overcome when you did that?

Bronson  Yeah, I think that, you know, the fear to be, you know, an out of state landlord, there were some concerns about that. There were some concerns over just, you know, obviously, there’s some money that you’d have available if you had sold, or if we’d sold, but it allowed us to basically have money tied up in the house that would grow at a better rate. So, some of it just had to do with, you know, at that time in my life, just not having a lot of money and being you know, being more liquid or not. So that was a concern. And then also you have to like what happens if a tenant trashes it and what happens if some doesn’t go well. And over the, you know, 15 years or something that I had, I just sold it this last year at a pretty good profit and rolling pretty much everything in the multifamily now, but I actually did have a time as like, six, seven years ago, where there was a tenant,  there, I had a party, and a brick came through the big, large front window and did break the window. So, but even that worked out, like works out fine. Like it was paid for everything kind of worked out. So yeah, at the end of the day, like you can overcome stuff. And you know, in general, if you buy assets, such as real estate, they tend to do well over time, as long as they’re bought conservatively and their cash flowing assets. 

Pancham Gupta  Yeah, absolutely. So, do you have any investment that did not go as expected? Can you share one with us?

Bronson  I will share this I had an investment, you kind of learn what you’re good at by what you fail at or what you’re not good at. So, I had a time in my life where I was investing in this options trading strategy, and it was selling, you know, yeah, iron condors, or, I don’t know, Smashing Pumpkins or whatever. These are their special things that they do. Exactly. selling it, I did something. And again, I think if you’re an engineer and you’re just like, I think in your background engineering are so you know, you can work a formula, you work a system, you do it a certain way to be like, it’s not necessarily my gift. I’m not like a formula like I can work it, but it was definitely, so I did something not by the formula, had a big loss lost substantial amount of money. And I really learned the other day, I said, you know, this probably is not the right seat on the bus for me and I can probably find another seat where I’m working with investors. I’m going I’m getting involved in a different way than to be more of a technical kind of quantitative trading person. So, for me You know, that’s not for me. So that was definitely an education that cost me some money. But I got the lesson. So

Pancham Gupta  You do and you learn, man, those are real life seminars and your real life education. So, alright, so my last question for you, what is one piece of advice would you give to people who are thinking of investing in main street that is outside of Wall Street, that they’re on the fence, they listen to this? Like, what is one piece of advice?

Bronson  So, the biggest thing that I think holds most people back from investing is we call it analysis paralysis, where they know I should do real estate, I know I should do something I know I should get outside of stocks and bonds, or I should do something outside my retirement,

Pancham Gupta  That is common with engineers, by the way. 

Bronson  Yeah, because again, engineers are very smart people. It’s knowing that and a lot of the more you learn, there’s no clear answer on what should be done. This is an issue too, with doctors is that the training that gets them to be very, you know, technical, and solving problems, whatever, it’s not always clear with investing in some things, you just have to experience to be able to see how it works for you. So, what I tell people, sometimes they’ll have a net worth of $2 million, or $3 million. And they’ll say, hey, you know, I don’t know what to do, I’ll say, well just take a small take, you know, 50,000 100,000, put it in a deal with somebody. And you’re gonna learn as you do that, you’re gonna see, first of all, how the investment works, you’re gonna pay attention, because you’re invested into it, you’re gonna see how this operator works, you’re gonna see if you like working with them, you’re gonna see if you have the temperament to do it, because you may absolutely love it, I’d say about 95% of our investors that invest, they absolutely they find, man, I wish I had started doing this earlier. And then there’s a few, there’s some people that just say, you know, I’d rather have a higher level of control. I just can’t trust other people to do it. And that’s fine. But you don’t really know you don’t know what you don’t know. And so, the upside is so high, when you’re looking at typically stocks, you know, 6 to 8% per year when you count the down years, and yet with multifamily, we’re consistently seeing on average, around a 15% return per year. Now, again, we’re not saying any specific investment, but some are worse, some are better. But in general, that’s a much, much better return, especially with the tax benefit. So, you don’t know what you don’t know. I would say just try look at deals, you know, get in touch with Pancham, I’m getting one of his deals, my deals, other people’s deals, and just start and then you’ll see how you like it or not.

Pancham Gupta  Love it. Love it, man. Absolutely. You know, it’s like drug investing in multifamily, to be honest. All right. So, this is great Bronson. I know you’ve put together some special report for the listeners, if they want to find out more about you. Can you tell the listeners how they can get that and also, what is the report about?

Bronson  Yeah, yeah. So, you can email I guess, Pancham put this nice email together bronson@ thegoldcollarinvestor.com  and this is the single best investing strategy during and after a pandemic is 24 color pages and it’s for a free download. If you send an email to that site, we will send it to you. And yeah, it just basically compares investing in stocks and traditional investments to multifamily real estate, particularly in a time of pandemic or afterwards kind of where we’re at right now. So very applicable to today.

Pancham Gupta  Yeah, I actually loved the title, I would absolutely, you know, want to read that. So, you know, listeners, if you haven’t found out about Bronson, if you don’t know about him, you know, I would absolutely want to get that report and check that out. You also have a YouTube channel, right and all that info is in the report, or you can..

Bronson  So yeah, YouTube channel. Yeah, that’ll be we’ll send that out with the report. We’ll just put the link on there so you can check out which is Bronson Hill, if you search Bronson Hill on YouTube, you’ll find me so 

Pancham Gupta  All right.  Great. Thank you, Bronson, for your time here.

Bronson  Thanks so much. So good to be with you, man. Thank you. 

Pancham Gupta  I hope you learned something from Bronson here. Thank you for listening. If you want all the goodies that he has to share, do email at bronson@thegoldcollarinvestor.com. I really appreciate you. This is Pancham, signing off. Until next time, take care.

Thank you for listening to The Gold Collar Investor Podcast. If you love what you’ve heard and you want more of Pancham Gupta, visit us at www.thegoldcollar investor.com and follow us on Facebook @thegoldcollarinvestor. The information on this podcast are opinions.  As always, please consult your own financial team before investing.