Earn Your Leisure

• We're Losing The Al Race - It's Almost Over!

  In this thought-provoking clip from Market Mondays, hosts Ian Dunlap, Rashad Bilal, and Troy Millings delve into the rapidly evolving landscape of AI and its profound impacts on society, education, and diversity. The discussion kicks off with new policies being announced during a school break, a strategic move that avoids immediate backlash but raises eyebrows regarding educational transparency.Controversy arises as the hosts discuss the perception and value of historically Black universities like Howard. They highlight negative comparisons to institutions like Harvard, fueled by political figures, which could potentially deter prospective students. This perception fuels a narrative that could impact diversity within the academic world and beyond, limiting the richness of diverse perspectives in education and industry.A crucial topic covered is the parallel between historical redlining practices in real estate and modern challenges posed by AI, bringing attention to the consequences of technological disparities. The clip sheds light on educational inequalities, where certain groups gain exposure to advanced opportunities like tech company visits, while others might miss out on such experiences. This divide poses risks of educational inequity and echoes the necessity to bridge these gaps swiftly.Rashad Bilal delves into AI validation and reinforcement learning, mentioning companies like Meta for their energy-efficient data centers, underscoring the significant, rapid development of AI technologies. With projections shifting, the hosts stress the importance of acquiring relevant skills over solely relying on traditional educational paths to secure financial stability in a tech-driven future.The importance of entrepreneurship and investing is emphasized as foundational strategies for thriving in an AI-dominated world. Companies like Nvidia are highlighted for their substantial influence, akin to historical financial pillars, playing crucial roles in technological and economic stability.Challenges surrounding diversity in tech hiring are candidly addressed, particularly the pressures black individuals face due to diversity initiatives. Gratitude is expressed to tech professionals and platforms that are actively informing communities about ongoing technological changes. The clip urges the necessity of teaching strategic AI tool usage to children and embracing advancements like AI and ChatGPT.The conversation shifts to the significant lack of diversity within tech companies and the limited awareness among black communities about technological progress. Concerns are expressed over the dominance of Chinese and Indian talent in tech firms and the broader global influence of countries like China on social media platforms.Emphasizing a strategic refocus on technology and entrepreneurship, the hosts call for a shift away from distractions such as celebrity gossip. The disparities in AI education between countries like the U.S. and China are highlighted, with mentions of Historical Black Colleges and Universities leading initiatives in AI education.Wrapping up, the clip discusses legal complexities involving AI and robotics, touching on issues like liability and discrimination. The urgency with which corporations are embracing AI reflects the rapidly widening technological gap. The hosts urge viewers to stay informed and proactive to ensure their inclusion in a tech-forward future.Join us as we explore these critical topics and their far-reaching implications. Your understanding and engagement are key in navigating and thriving in this tech-driven era.**Hashtags:**#TechFuture #AIImpact #DiversityInTech #Entrepreneurship #AIEducation #EYL #BlackTechInnovation #HowardUniversity #TechPolicy #AIandSociety #InvestInTechAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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• The Most Important Stock in the World? TSMC’s Role in the AI Race Revealed!

  In this clip, hosts Ian Dunlap, Rashad Bilal, and Troy Millings delve into the dynamic landscape of global investments and technological revolutions. Troy recommends Taiwan Semiconductor Manufacturing Company (TSMC) as a top investment over the next two years, predicting its central role in AI and quantum computing advancements. Learn why TSMC beats out competitors like Intel and why buying at $158-$162 could be a strategic move.As the world focuses on AI's evolving role, Ian highlights its significance in domains like data centers and personal agents. However, geopolitical tensions, especially regarding China and Taiwan, pose potential risks. The hosts discuss the implications of a Chinese stance towards Taiwan and how U.S. investments in semiconductor infrastructure could buffer global disruptions.Despite concerns over potential invasions, they downplay the likelihood of direct military conflict, suggesting that economic sanctions would be the route taken by global powers. The conversation also expands on China’s strategic ambitions beyond economic considerations, focusing on its goal to become the world’s largest economy and military power. Discover insights into how China is closing the technological gap with the U.S. by focusing on regions like Africa and South America.The clip further touches upon challenges faced by the U.S. economy amid rising debt and spending issues, housing affordability, and economic pressures on younger generations. Meanwhile, China's influence through its significant Bitcoin holdings is also highlighted, offering a financial twist to the global chess game.Join the discussion for an insightful look into the intricate balance of technology, economy, and geopolitical strategies shaping our world today.*Hashtags:* #Investing #TSMC #Taiwan #China #AI #Semiconductors #GlobalEconomy #Geopolitics #Technology #Innovation #USChinaRelationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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  11:45
• Why Stocks Are the Best Gift You Can Give a Child

  In this eye-opening clip, Rashad Bilal and Troy Millings explore a game-changing approach to gift-giving that can significantly impact future generations. Why settle for traditional gifts like toys or gadgets when you can offer something that grows in value over time? Instead of the usual presents at baby showers, birthdays, or holidays, consider gifting stocks or ETFs. This innovative method can teach children the invaluable lesson of financial literacy and the power of investing from a young age.The clip delves into the benefits of using stock gifting as a way to support children's long-term financial health. Did you know the IRS permits tax-free gifts of up to $18,000 annually? This allows you to transfer wealth efficiently without burdening future taxpayers. Explore how setting up an Upma account (Uniform Transfers to Minors Act) can be a strategic move. It enables guardians to invest in various assets like stocks, real estate, or even cryptocurrencies like Bitcoin for minors.Our hosts emphasize the importance of a systematic approach to investing—contributing regularly to the Upma account ensures the growth of these financial assets. They highlight the strategy of dollar-cost averaging to maximize investments over time, making the most of market fluctuations.Ready to take the first step towards building financial assets for your family? Rashad and Troy recommend opening an Upma account with trusted brokerage firms such as Fidelity, Schwab, or E Trade. This clip is a must-watch for anyone looking to transform how they think about gifts and build a financially secure future for the next generation.*Hashtags:*#StockGifting #FinancialLiteracy #UpmaAccount #InvestInTheFuture #WealthBuilding #DollarCostAveraging #TaxFreeGifts #LongTermInvestment #FinancialEducation #RashadBilal #TroyMillings #Fidelity #Schwab #ETradeAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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• Set Your Kids Up for Life & Get a Tax Break! Roth IRA Secrets for Entrepreneurs

  Welcome to EYL's latest clip, where hosts Rashad Bilal and Troy Millings dive into smart financial strategies to ensure a financially secured future for you and your children. In this insightful discussion, they explore the power of Roth IRAs and how starting early can make your child a millionaire by the time they retire.The clip kicks off with Rashad explaining the basics of individual retirement accounts (IRAs), focusing on the traditional IRA and the Roth IRA. A traditional IRA offers a tax deduction when you contribute, but it becomes taxable upon withdrawal during retirement. In contrast, the Roth IRA does not provide an immediate tax deduction but allows for tax-free withdrawals in retirement, making it an appealing option for long-term savings.One of the key takeaways from this discussion is how entrepreneurs can create financial security for their children. Rashad emphasizes the importance of employing your children in your business or ensuring they have a job, allowing them to contribute to a Roth IRA. The benefit? A significant tax deduction for the parent and tax-free income for the child up to $14,300 per year. By consistently contributing the maximum to a Roth IRA from ages 12 to 17, while investing in stock options like QQQ that have historically delivered impressive returns, you can set your child on a path to becoming a millionaire by retirement. Rashad explains that a seemingly small investment of $7,000 per year can grow to an astounding $3.5 million due to the power of compound interest.Troy adds to the discussion by highlighting the importance of deferring gratification and understanding the wealth-building potential for your child's future. They also discuss the flexibility of accessing funds in a Roth IRA before retirement age, albeit with penalties and taxes, providing invaluable options for future endeavors like starting a business.This clip offers invaluable insights into using Roth IRAs for generational wealth building and ensuring retirement doesn't become a looming concern. Through strategic planning and calculated investments, you can empower your children financially while securing tax benefits for yourself.Join Rashad and Troy as they uncover the secrets to creating a solid financial foundation and ensuring generational security. Dive into the world of smart investing and discover how you can turn small, regular contributions into a multimillion-dollar future.Hashtags: #EYL #RothIRA #FinancialSavvy #GenerationalWealth #InvestmentStrategy #FinancialFreedom #EntrepreneurLife #WealthBuildingAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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  10:42
• Have We Reached the Bottom of the Stock Market Pullback?

  The Earn Your Leisure Podcast. Financial Advisor Rashad Bilal and Educator Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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