Magic mushrooms are finding their place in the world of mental health and wellness. You don’t want to miss this opportunity to invest.
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Psychedelics: Riding The Magic Mushroom Towards Wealth
I’m excited to announce that I’m finally offering the ability for you to work with me. I know that so many of you, probably every single one of you reading, has just been thinking every day when you wake up, “When do I get an opportunity to work with Jack? That guy is so awesome.” Actually I think probably very few of you are thinking that, but I do want to give you the opportunity. It is now open. I’ve got two options that you can finally pick my brain, so to speak. If you’d like to get more in depth, mentoring and coaching, there are two options. You just go to my website, MyIndestructibleWealth.com. There’s a tab that says Work with Jack, and you click that and you’re going to have two options. There’s going to be a one-on-one and you can book a call with me.
If you want to book just a single, “I want to pick your brain for an hour and see if I’m on the right track or bounce some ideas off you, or talk about some strategies and building my business,” that’s great, how ever I can serve you. I’ve built four LLCs or S corporations, four different entities to over $2 million. I have fourteen different multiple streams of income, a multimillion-dollar portfolio. You guys already probably know all of that. I’m just telling you that I know what I’m doing. I have so much to learn, but if you want to pick my brain, great, do it. If you don’t, keep reading to the free content and engaging, that’s great too. I really don’t care. I’m not doing this for the money as you guys are well aware. It’s a passion project.
At the same time, I can’t do things for free just like you don’t want to do anything for free either, no matter how much you’re passionate about it. Go to the website, click on the link, follow along. You can watch a video that tells you a little bit more about the mastermind course that I’m offering. That’s a real affordable way for you to get in-depth training on multiple streams of income, debt paydown, talk all kinds of real estate in particular like specific opportunities that you can do, speculation type plays like crypto, tech stocks, pre IPOs.
We’re going to talk retirement accounts, the fundamentals investing into you. We’ll talk about charitable giving on that course. It’s a complete course that’s going to take you quite a bit further along in your knowledge of what you need to do in order to build an indestructible wealth. It’s very action-oriented and there’s basic mindset. It’s not just, “You need to think more positive type thing, or you need to work on your mindset.” It’s that and it’s about how you’re thinking about your strategy, then it’s also specific opportunities that you can actually take advantage of and start building your own portfolio of assets. If you’re interested, great. Hit the website. If you have any questions on that, certainly you can feel free to email me on [email protected] or you can hit me up on Instagram on direct messaging. I respond to those daily.
Magic Mushroom: A Speculative Investment
This episode is all about self-storage, which is my favorite investment for multiple reasons, which we’re going to dive into now. My wife dragged me to a Maroon Five concert at Wrigley Field in Chicago. We drove in, went to the concert, and drove back home and got home at 2:00 AM. I don’t know how I feel about the whole thing.
First off, she has a not-so-hidden crush on Adam Levine. It’s pretty obvious. He’s a good-looking dude though. I’ve got to give him props. The other part to it is I’m not a huge Maroon Five fan. All the songs absolutely sound the same to me. Although they’re very good. He’s very good at what he does. I did enjoy a few of the songs, just a lot of effort and work to make that all happen. At the end of the day, here’s the bottom line, happy wife, happy life. She was happy. I’m good with it. However, I’m a little bit tired from that excursion, but I’m powering through, and here we are today.
I’m going to share with you guys some really cool investing secret sauce. At the concert, there were a lot of drugs present, particularly a ton of weed. I think it’s only fitting that we’re going to talk about drugs on this show, and we’re going to go to the magic mushroom. You guys affectionately know them as shrooms.Society is realizing it's not necessarily in the interest of pharmaceutical companies to cure disease. Big Pharma is not necessarily looking to do anything other than treat the symptoms. Click To Tweet
Back in college, my only experience with shrooms was that some of my college roommates tried them and they just laughed hysterically for 3 or 4 hours. That’s all I really know about them until I came upon this research. As you know, in Indestructible Wealth, we’re going to be pushing the envelope. We’re going to talk about magic mushrooms. You heard that right, and how I believe that this is a huge opportunity to make a lot of money and move the needle on your net worth.
This is going to be classified as one of my speculative investments. You’ve got to keep that in mind, allocate a reasonable percentage that makes sense for you. I don’t know what that is because all of you are at different stages in your wealth building journey. For some of you, this probably doesn’t make sense to do it all. Some of you, it makes quite a bit of sense. That’s for you to decide and figure out how it plays into your strategic plan.
A Global Health Disaster
Why in the world are we going to be talking about psychedelics and magic mushrooms? Let me set the stage for you, guys. There’s a global health disaster playing out right now in front of our eyes, and it’s leaving millions in the so-called lurch. According to the World Health Organization, more than 800 million people worldwide suffer from mental health disorders. That’s crazy, staggeringly high.
In 2019, the American Foundation to Prevent Suicide estimated there were 1.38 million suicide attempts in the United States alone. That is crazy for me to even fathom that. Suicide is often the result of a mental health condition like depression, anxiety, stress, or trauma. Traditionally, to treat these types of issues, physicians prescribe antidepressants, but their side effects can be brutal. You can have weakness, digestive problems, fatigue, drowsiness, weight gain, anxiety, and even suicidal thoughts.
One paper found 40% to 60% of people who took antidepressants didn’t even see any improvement. Not only do antidepressants not work for up to 60% of the people who take them, but for those who do work, 1/3 said they stopped working completely over time. It’s a complete, epic, total failure disaster. That’s why medical science is looking for a solution. They need an alternative to these traditional antidepressants from Big Pharma.
I believe what they’re working on will become a game-changer. It involves a class of substances that people have been using for thousands of years to treat all types of illnesses. Because of fear and hysteria, the government banned them 50 years ago. New studies have come out that have shown a lot of promise here. VA has approved it to treat Post-Traumatic Stress Disorder.
A study published in the Elite Scientific Journal with Nature shows that when paired with therapy, it was a safe and effective treatment. Pharma giant, Johnson & Johnson, released its own FDA approved drug, SPRAVATO, using one of these substances. This breakthrough offers hope to the 2.7 million registered Vietnam War veterans, and the 300,000 vets afflicted with Post-Traumatic Stress Disorder. I’m talking about therapeutic compounds that have been isolated from psychedelic drugs.
They’ve been banned for 50 years, but a recent research shows they had the potential to cure a wide range of mental disorders. This addressable market for these treatments is worth trillions. It’s about $2.9 trillion to medical costs and lost productivity due to mental health disorders. Despite these studies demonstrating their effectiveness, psychedelics are still illegal at the Federal level, but things are starting to shift. Here’s why. For years, Americans have viewed psychedelic drugs like magic mushrooms, ecstasy and LSD as party drugs with little medical values. These were always taboo. These recent studies have found that a measured dosage can ease depression and addictions, and increase a sense of overall wellbeing and joy. These shifts seem to be lasting generally after 1 to 3 doses inside a supportive setting.
There’s no need for drawn out dosing schedules, refills at the pharmacy. It also lowers the chance of developing a reliance, tolerance or addiction. We’re not talking about unregulated use of these compounds. We’re talking about concrete scientific applications to improve health, boost quality of life, and save lives. This is fascinating shit. Thinking about this for a second. Psychedelics were so taboo, so shunned by mainstream society, and now here we’re talking about these as a potential major life-saving treatment for many people.
A Reclassification Of Psychedelics
Let’s be straightforward, psychedelics face a huge uphill battle in Congress. Many lawmakers rooted in their traditional grounded thoughts of these substances, they still have the outdated views against these. Let me be clear. This is not a legalization story, and it’s certainly not a recreational drug story. This driving theme behind where Teeka Tiwari at the Palm Beach Group calls his third trillion-dollar trend. His first two were the Apple, where he predicted Apple would become a trillion-dollar company, and that Bitcoin would become a trillion-dollar coin. This is his third prediction. He believes it is almost surely going to hit trillion dollars in market cap.
The main point here is we’re looking at a reclassification of psychedelics from Schedule 1 drugs to a lower Schedule that decriminalizes and recognizes the huge medical breakthroughs that these compounds represent. Two of the biggest Federal agencies have already authorized psychedelic therapies. The tide is definitely shifting. While Congress, their current inaction on psychedelics is discouraging for people suffering from the mental disorders and their families. Here’s the good news. We’re at the early stages. We can position ourselves to be in front of this huge third trillion-dollar trade.
Here’s what happened. Back in 1971, President Nixon signed the Controlled Substances Act, which banned the use of psychedelics. Big Pharma knew these drugs would be a money-making machine because patients had to take them every day for the rest of their lives. We’re talking about the new slate of traditional based and antidepressant drugs.
The pharmaceutical industry did what they always do. They’re the greediest humans that I think are on the face of the planet. They pressured the government to make the plant-based and other psychedelic compounds illegal. The government propaganda campaign against psychedelics changed the minds of American society, and then led to many of the misunderstandings and the shun nature of these compounds that still persist today.
Big thanks to the greed of Big Pharma, many people who suffered from mental illnesses couldn’t legally access the treatment options that they have deserved for many years. This also set back years of research as the testing was also restricted. Scientists had to wait through a sea of red tape just to study them. There was jail time that they ran afoul of State or Federal laws. It really put a clamp down on the progressive nature of these as a medicine.The profit potential in psychedelics will be just as lucrative as beta blockers or even better. Click To Tweet
Things have finally started to shift with the internet and the ease of access to information. People are getting empowered to do their own research. It’s incredible. Society is realizing it’s not necessarily in the interest of pharmaceutical companies to cure disease. Imagine that wisdom that I just dropped on you. Big Pharma is not necessarily looking to do anything other than treat the symptoms.
A small group of innovators emerged that started producing plant-based medicines to treat these disease and go to the root cause. Ironically, the various same pharmaceutical companies that once suppressed them are now coveting them and targeting them for acquisition, which even makes this deal even sweeter. Because of the interest ramping up, we believe we’re on the cusp of the next revolution.
It’s true, psychedelics can be dangerous if abused. Name one thing that can’t be dangerous if it’s abused. You could actually die from drinking too much water. The same applies to all drugs. For example, Advil is one of the most dangerous drugs in America if you take too much of it. We don’t even need to mention legal substances like cigarettes and alcohol, which kill millions of people each year due to people abusing them. When it comes to medical use of drugs, we don’t need to frame the argument around what’s legal or illegal, but how the government classifies a drug.
Let me explain. Now, the government classified psychedelics as Schedule 1, which includes other drugs like marijuana and heroin. Obviously, we know it with marijuana at the State level, it’s been legalized in many states so far, but they still have it as a Schedule 1 at the Federal level. That’s how far behind these fuckers are.
According to the government, these drugs have a high potential for abuse, and they still don’t view them as having any accepted medical treatment. We believe, based on the research and what’s trending, these will eventually be reclassified to Schedule 3. Drugs in this category have medical use, but they may lead to moderate or low physical dependence or high psychological dependence. Schedule 3 classification will put psychedelic substances in the same category as drugs like Tylenol, Codeine, Anabolic Steroids, and Vicodin. They’d still be regulated, but would be recognized for their medical benefits.
I don’t want to go into the detail, like all the minutia of why Congress will eventually reschedule them. It is likely to happen. In fact, several events including Johnson & Johnson releasing its own FDA approved drug, SPRAVATO, to treat people suffering from depression, which uses a chemical cousin of the so-called party drug, Special K. I’ve never heard of Special K. I don’t know if you guys have heard of it. You mostly probably haven’t either. Apparently, I’m not in the party scene, so I’m out of the loop. I don’t know about Special K. This drug that Johnson & Johnson is releasing is a cousin of a psychedelic.
If you’ve heard all this and you’re still skeptical, I completely understand. It takes a while to change our thoughts and our mindset around things. For most of us, this is very unfamiliar territory, but we’ve been through this stage before. Take beta blockers, for example, is widely used to treat heart conditions. They control heart rhythm and reduce high blood pressure. The research that resulted in beta blockers dates from the turn of the 20th century. The drugs had to surpass several stumbling blocks in the 1940s before they became widely accepted in the scientific community.
The FDA didn’t approve the first beta blockers until 1986. Today, the beta blocker market is worth more than $19 billion. Companies like Eli Lilly, which developed the first beta blocker, have seen billions in profit. Shares of Eli Lilly jumped 200% in the years following its FDA approval. Today, they’ve returned 3,200% to the most loyal shareholders. That’s a pretty substantial return on investment. That’s our opportunity. The profit potential in psychedelics will be just as lucrative as beta blockers, even better, based on everything that I’ve read about it. I think this market will generate returns much faster.
Right now, individual investors have the early advantage over institutions. That’s because institutions have to wait until stocks are large enough to trade on the world’s biggest exchanges. This gives you the opportunity to get in before the institutions. It puts you in a position to be way ahead as these companies develop and a storm of big money finds its way into this space.
There are five small cap companies that are viewed as the best plays to ride this trillion-dollar trend. As soon as I hang up, actually, I’m going into my Fidelity online brokerage trading account, and I’m buying all five of these. It’s how you get your hands on this. I’ll send you the report for free. It’s simple. Go to my website, MyIndestructibleWealth.com. You’re going to subscribe to my seven-step video series, which that also puts you on the Insider’s Club list. I’ll be emailing out once a week on this email list, and then respond to one of the emails and request these psychedelic stock picks.
Please, only do this if you’re very serious and if you do plan on following through and buying these stocks. Either way though, definitely get on the email list as you’ll have access to deals and information. It is my Insider’s Club list, that no one else will. I’m putting all my very best stuff on the email list. Only request the psychedelic stock picks if you plan on taking immediate action because I’m going to have to take the time to attach the doc, send it back out to you. Make sure you’re serious. I don’t mind sending it out. If you want it, just make sure that you’re serious about it and that you’re going to follow through.
If this makes sense to you and you’re like, “I’m in, I want to do this,” you don’t have to put a lot of money into these trades. Put an equal amount into all five because we don’t know which of the five are really going to pop. This is where you do a position-sized bed. A position-sized bed is a small, equal-sized bed into a multiple higher risk but higher reward type place, that can go parabolic if they hit. I believe that the research is strong on this. I like the play. It makes sense to me. Only invest into things that make sense to you, that you understand, and that fit your overall investing strategy. I hope you enjoyed this episode on psychedelics and the magic mushrooms. You heard it here first. Here we go.