Dominique Henderson, Sr. is a well experienced Certified Financial Planner who has spent nearly two decades in financial services building a diverse skill set in strategy, data analysis, investment research, portfolio management, and financial planning. In this episode, Chris and Dominique talked about insights on how to deal with student loans, home purchases, and credit cards. Tune in and be immersed with a ton of valuable information.
Chris Pratt: We have a special guest today. He is a Certified Financial Planner and a mentor for people who have changed careers as a Certified Financial Planner. His financial advice has been featured in US News and World Report, YahooGoBankingRates.com and Investopedia’s Advisor Insights. He has an amazing YouTube channel, the Jumpstart Coaching Lab for Financial Professionals, where he gives a glimpse of what it’s like to be a financial planner. And he is the founder of DJH Capital Management. His name is Dominique Henderson, Sr. Welcome to the show, Dominique.
Dominique Henderson: Hey Chris, I love that intro, man. Have you followed around at me as a hired man? I love it.
Chris Pratt: There you go. Well, I always love to pay good respects to my guests and give our listeners an intro into who we’re talking to and who we’re working with here. Um, so you have a wealth of insight and knowledge. You got your bachelor’s degree in finance. You have a master’s degree in finance. You spent years in institutional fixed-income trading circles, real estate, and even stayed in the back office of one of Dallas’s premier hedge fund managers, which I love.
Dominique Henderson: Yeah, yeah.
Chris Pratt: So you have a wealth of experience to learn from my first question to you. You, you mentioned some of your writing that ever since elementary school, you knew you had a mission to help people win with their money. How did you start getting into finance and getting interested in finances at such a young age?
Dominique Henderson: This is always the question of exposure. Um, I have a lot of these friendly debates with peers, even my wife on, you know, when you start thinking about, okay, Hey, uh, and I’m getting real serious, real quick, right? So there’s less than three and a half percent of people of color that are certified financial planners and people always go, well, how do we get more people in the industry? I actually, one answer is exposure and I was exposed super early to some of the things that I’m even doing now with money. And I think that just changes the trajectory for a lot of individuals. Um, if you get exposed, you know, you know, maybe if the basketball was in my hand or something like that, I would have been wanting to be in NBA or the NFL, but, you know, due to exposure early exposure to some of the things that finance, even as simple as Parker Brother’s monopoly, like way back in the day, me and a cousin, we had monopoly battles. So, so intense that, you know, we would have to leave and go somewhere and we would leave all our money in our, in the same place it’s supposed to be like with a chess game or something. We come back later. So I think all that played into who I am today, Chris.
Chris Pratt: Wow. I love that. Okay. So you then went on in, you, uh, went to school for finance. That’s I think a bigger step than just being interested in finance, playing some monopoly and being like, Hmm, how does this, what does this monopoly game really based on? Right. That’s like really wanting to understand the math behind monopoly, how I can actually, uh, I don’t know, win the game, every time, why did you decide to get a degree in finance?
Dominique Henderson: I was really good at it. I was really good at monopoly.
Chris Pratt: So that’s why you did it?
Dominique Henderson: Yes. I had this prowess as monopoly champion, at least in my family. And I wanted to continue in it. No, no all jokes aside. I think, um, the interest was always business. I would say if I was going to school now, I probably would have enrolled in a financial planning program that they have now, but they didn’t have, when I went to school, I graduated in 98. And so, you know, I wasn’t one of those ones that went to school and said, okay, I’m just going to be undeclared because I don’t know what I want to do yet. I was blessed with, you know, actually saying, okay, no, I know I want to go into the field. I know it’s pretty bad. And finance, you know, kind of narrows it down for what type of jobs I can get, because you know, that was a thing back then you can actually go to school and expect to get a job, right. Based on what your degree was in, uh, that changed a little bit now, unless you’re like a lawyer or a doctor, but, uh, all that to say finance was like, that was what I had my, my eyes set on at that young age of 18 or whatever.
Chris Pratt: Right. So, so you wanted to make a career out of it and you saw a clear career path out of this finance degree.
Dominique Henderson: And I had, you know, hats off to college professors. I had some really, really, really good college professors. Some of them are here with us now and some of them are gone, but they really, really invested into me. And I pulled from them, which I always encourage people that are in the jumpstart community to do like pull on these professors, ask them questions, you know? Um, that was really, really, I think, instrumental in that path also.
Chris Pratt: Yeah. Um, and, and I think it’s something that students, especially these days tend to take for granted the access that they have to professors and knowledge. But anyway, enough about school, let’s talk about financial planning. So we’ve talked about what a certified financial planner is before on this show. Can you talk about what you do and what you focus on as a certified financial planner?
Dominique Henderson: Sure, sure, sure. So my ideal client, I don’t really have a, like a type of person or a profession, if you will, or industry that I work with. I had at the stage of my career, I’ve done some things well. So I have some, some freedom of choice and I typically work with a psychographic of person. And all that really means is I asked my prospects usually in each appointment to see whether or not they value their time over money because that’s my ideal client. If you value your time over money, um, we’ve all made sacrifices to get where we’re at, you know, likely that person that I’ve worked with has done that over and over again. And they tend to get the concept of that. Money is replaceable. Finances is replaceable, but time isn’t, and what essentially you’re doing when you come into a relationship with DJH capital management is you’re saying that the things that I value in life, I want to spend more time getting to do those activities or creating enough margin so that I can do more of those activities.
And I’m willing to outsource the part of my life that I don’t know that much about or that somebody like you, Dominic is more competent in doing so that I can go spend more time doing those things that I love. That’s my ideal client. And that’s the kind of financial planning that I’d try to deliver to each one of my clients, because, um, at the end of the day, that’s what it’s about. Right. We have limited time and money that we then have to spread across unlimited choices. And so I think a good financial planner helps there.
Chris Pratt: Let’s just say we all have the same 24 hours in the day. Yeah. There’s that bill Gates documentary, I forget what it’s called Decoding Bill Gates or what not, you know, they talk about how that’s something that no amount of money can buy is more time in the day.
Dominique Henderson: Yeah. For sure.
Chris Pratt: And, and, uh, uh, in my scholarship program, back at school, one of their mottos was that time is the great equalizer. Of course, you know, my school program didn’t come up with that phrase, but it’s so true. Uh, okay. So let’s say I am a recent college graduate and I’ve recently graduated from college and, you know, I have some student loans, like $20,000 in student loans and I’m starting a new job making $40,000 a year. I got a new apartment where I’m, you know, 30% of my rent’s going to my apartment. What should I do? Should I go see a financial advisor? Should I just, you know, work my job, you know, buy some stuff for myself. Uh, w what should I focus on?
Dominique Henderson: Wow. Really great question. Because I mean, to be honest, you probably need to, um, find a way to make some more money. Like, if you’re asking me, like, how do I get to a specific goal, Dominique, in X amount of years, like being debt-free, or being able to buy a house or all those kinds of things, because having student loan debt, that’s half your nominal income, even before Uncle Sam comes to grab his money, or you pay for anything else is a big deal. And I, you know, I mean, we don’t have to talk about this, but there’s obviously a student loan debt crisis in this nation that is growing, and I don’t know how it’s going to be fixed. So I would say, no, don’t come to me right off because the line item of what you pay me for advice is going to be pretty significant in relation to some of the other things that you might need to be doing.
So, one of the things that I would highly recommend is living beneath your means, right? So you want be making $40,000. Um, let’s just multiply that by 0.8 for ease and say, it’s 32. So you’re bringing home a little bit and all that, just kinds of healthcare, blah, blah, blah, blah, blah. Not contributing to your 401k right now. So you’re making just over 2,500, it’s rounded up say $2,600 every month. And you’ve got to figure out how to eat, pay rent on an apartment, get out of debt and save. So we need to figure out, you know, of those priorities, which is the highest for you. Um, living expenses is probably going to be one of those things, but are there ways that you can mitigate that? Right? So we would probably start talking about things like that. Like, can you, instead of having your own apartment, can you move in with somebody instead of having a car note, can you buy a beater? Things of that nature. Because you’re going to be needing to take that income and be able to use vehicles like your 401k that will reduce your taxes and put a little bit more money in your pocket or an HSA. And I would say paying down your student loan debt. Like those things don’t have to be mutually exclusive. We can figure out ways to do those all at once.
Chris Pratt: You said a lot of amazing things here that we want to cover. I want to go back to what you said towards the beginning there, you mentioned goals, right? What are your goals? Do you want to buy a house? What have you, why is it important to when you, not just, even when you go to see a financial advisor, but when you’re just thinking about your personal finance in general, why is it important to have goals?
Dominique Henderson: Oh, Stephen Covey said it best, right? Um, “Begin with the end in mind”. How do you know where you’re going unless you have some type of map and that’s what financial planners really do is they create a map or a strategy for you to get to your goals more efficiently, right? With this being my 20th year in the industry about, I’ve obviously seen some very nasty things, including markets, but I would say one of the nastiest things I ever see is that five or six figure mistake that a client makes, right. They bought the wrong house at the wrong time. They don’t, you know, they don’t exercise, delay gratification, they pay too much for school or degree or a car. You know, things of that nature. People always think about mistakes. Like I bought the wrong stock, or I wasn’t invested in Apple or Google when I know those are the things that largely you would probably be, would miss that anyway, but kind of stuff that people always forget to do would be proper tax planning, or proper benefits selection, or not expensing or exercising delayed gratification.
Let’s say your employer is going to help pay for your school. Cause a lot of employers have tuition reimbursement. Well, your employer is going to give you 20 grand. Well, why would you go to a school that costs you 80 grand and still be $60,000 in debt at the end of that, when you can go get a master’s degree or an MBA or whatever you choose at a much lower cost, especially when you kind of think about long-term getting to your whole point about why would you have goals? How much more money you’re going to make with this degree? Like think through that whole process.
Chris Pratt: Well, what you just said there, that’s not even just with the graduate school that that also applies to, you know, your undergraduate program.
Dominique Henderson: Absolutely, even more so, right? Because that money that you’re borrowing the money that you’re borrowing is compounding for another four years.
Chris Pratt: Right.
Dominique Henderson: And not that you’d have to pay the compound interest on all the loans, but the fact that the matter is, you know, a dollar that you have right now is not going to be worth as much as a dollar that you would receive in the future. And this is all the time value of money. So you know that the inverse applies in that if you’re spending 50 grand or 60 grand on college right now, four years later, that money is money that you could’ve been putting somewhere else or doing something else with getting some value out of. So I think people just need to be thinking about it more holistically.
Chris Pratt: That’s a really good point. You also mentioned buying a car, buy a house. Do you have any stories you can tell us about people who made, you know, just a horrible decision with buying a house or a car or something expensive that they shouldn’t have?
Dominique Henderson: Absolutely. I’ve been in this game for 20 years. Of course I have plenty of stories and all these people will remain nameless. So I started working in 2010 with a registered investment advisory, pretty much the same build as my current firm. But by the time I left, it was a day we managed to half a billion in assets and there were about 600 families. So a lot of welfare, a lot of moving parts. When I first got there in 2010, they were already working with a recent, uh, lottery winner. Um, lottery winnings were in the eight figures. So a lot of money. And I think the actual deposit at our firm was somewhere between the 12 to $16 million mark, something like that. Okay. And so I think that client came on maybe a year or so before I got there. And I remember, cause we were all just like, yeah, you know, we were, you know, kind of water cooler talk like, Oh, this is great, man.
Look like, what would you do if you won the lottery? Y’all were doing all that kind of stuff. And we were looking at his account and I kid you not, at the time that we pulled this report, he was making just from his investments without touching the principal, he was making about a half, a million dollars in tax-free income, just off of this one account. Now pause right there. That’s a lot of money that you don’t have to pay taxes on. I don’t, I don’t want to have to explain the nuances of tax-free income, but basically that money comes into your pocket. You got to pay back.
Chris Pratt: Wait, so why just quickly, why didn’t you have to pay taxes on it? What account was it?
Dominique Henderson: Uh, it was all in municipal bonds.
Chris Pratt: Right. Yeah, yeah.
Dominique Henderson: Yeah. So I kid you not though, at the time of my departure, which was the summer of 2016. So six years later, there was less than $2 million. Uh, Betty had managed from that 12 to $16 million deposit.
Chris Pratt: Wow.
Dominique Henderson: And this was through the product of buying a couple of Lamborghinis, a couple of mobile homes, building a big Cosmo hall of a, of a home that would never appraise for what it needed to because of where the area was in. And I mean, it was just endless laundry list of mistakes. And as his advisors, we were like, are you sure you want to do that? But at the end of the day, if he calls her up and says, Hey, I need you to deposit X amount of money in this bank account. It’s his money. Like we can’t, we can’t say no. So, you know, you’ve seen those 30 for 30 gone broke. It happens to regular people too. And that’s the case in point with that one.
Chris Pratt: It’s just so, I mean, it’s just, it’s, it’s really sad.
Dominique Henderson: Well, and that’s not the saddest part, Chris, the saddest part is I’ll be 45 this February. Uh, he might be, he was five years younger than me. And he had children younger than me.
Chris Pratt: Wow.
Dominique Henderson: So the likelihood that he’ll have to go get a real job after having all that sudden wealth is extremely hostile.
Chris Pratt: You’ve just lived off of $500,000 a year after tax.
Dominique Henderson: Actually! Yeah. Wow.
Chris Pratt: Yeah. But, but I mean, when you got a pot of gold, 12, let’s just say it was $12 million in front of you. Of course, you’re going to want to buy, you know, a few, but you could still, I mean, you could still buy a Lamborghini, right. You buy a hundred thousand dollars car, you got 400,000 left.
Dominique Henderson: He had a big family. And it was a lot of, uh, you know, 50,000 here. Right. I mean, it’s, it’s the story of, of like any athlete.
Chris Pratt: Yeah, it adds up.
Dominique Henderson: Yeah. it adds up. Definitely. So if you see, you know, if you studied anybody like Michael Vick or Mike Tyson, or all these people that had all this wealth and you’re like, where did they go? I mean, there’s a lot of, uh, people with their hands out when you have that much money,
Chris Pratt: Man.I can only imagine. Wow. Okay. So that’s a great story. You, you mentioned municipal bonds, first of all, what’s a bond and second of all, how are municipal bonds tax free?
Dominique Henderson: Yes. Okay. Yeah. I’ll try to keep this really, really elementary cause I traded bond for six years. So I can take you way far down the rabbit hole, but the bond is essentially the same thing as your mortgage. I want to relate it to something so that everybody understands you go and say, I want to go buy this house. And the bank basically looks at your ability to repay that loan back and they will loan you the money. Well, the bank is essentially holding that paper just to make it really simple. And they are collecting your monthly mortgage payment. And so they’re getting interest and they’re getting principal payback from that particular loan. A bond is exactly the same thing. So Apple other corporations, even the state of Texas or wherever you’re living right now, maybe the school, a school bond or a very, very popular thing. So they need to build a school. They use the tax revenue from all the real estate around there to secure the bond and you go to the polls and vote and they, the bond,
Chris Pratt: I’m actually at the Seattle area and on the ticket was a bond. I think of 1.9 or $1.7 billion for the Harbor View medical center to fund the, uh, the hospital in downtown Seattle.
Dominique Henderson: Yeah. So the way that transaction works is that money likely will be supported by several different buckets of revenue. But the point is, is taxpayer dollars or probably some sort of combination of taxpayer dollars and maybe some private money get put together to start that process. And it gets paid off over a set amount of years. Now, the typical deal is, um, municipalities like Seattle and state of Texas, North, Texas tollway, and things of that nature typically have tax exemption. And the projects that they fund with bonds are tax-exempt also. So as a general rule, state projects inside your state borders are tax exempt. So for you, if you bought that bond trust, the federal government will not charge you taxes on that because you’re essentially Seattle is doing the public good and the funding for that. And the taxpayer dollars, if you choose to invest in that are exempted from federal taxes,
Chris Pratt: How is a bond then different from a stock ?
Dominique Henderson: Ownership, really the structure of ownership. So bonds are typically the, they are the highest in priority as far as getting paid. So when you start to think about, um, Oh, so let’s look at the mortgage crisis was a perfect example. So when the mortgage crisis hit, the bank was left with the fact that they had loaned Chris X amount of dollars to buy this house. Chris was sitting in the house, but now you can’t make the payments anymore.
Chris Pratt: Right.
Dominique Henderson: And so with the bank can do is they can come get the house because they are the bondholder essentially. And so equity or a stock would not have any play in that. Like basically the owners of the stock don’t have as much invested the bank as a lot more invested than, um, you know, uh, well, let’s, let’s keep the analogy straight. So a bondholder has a lot more invested in a particular company because they’re providing the financing, whereas a stockholder they’re not providing any financing, they haven’t provided any capital. They just bought a share of the company. So this is all amped. What level of ownership and financing you provide to an endeavor and bondholders are, are typically the top of the stack.
Chris Pratt: Top of the stack as in, they get paid back first or
Dominique Henderson: Yes. paid back first.
Chris Pratt: So they tend to be lower risk, which is why the return on investment tends to be lower than stocks.
Dominique Henderson: Yes, I would say as a whole credit worthy bonds, not junk bonds, but credit worthy bonds over time have probably. So if the stock market has averaged somewhere between eight and 10% for the last hundred years, bonds have probably been about a third of that because of what you just said.
Chris Pratt: Right. Okay, great. So just a little, uh, lesson on investing there, let’s go back to this kid who just graduated college. They’re a young adult and they have this student loan debt. Again, you suggested they might not be able to afford your advisory fee. And you mentioned paying off their loan, being important. What’s a great strategy to pay off your student loans. Should you just, you know, live with your parents and put 90% of your paycheck towards your student loan?
Dominique Henderson: I think a start. So, um, here’s a plug for a buddy of mine, uh, Travis Hornsby, started Student Loan Planner, um, and all his firm does. And they’ve consulted on hundreds of millions of student loans. If you’re having problems with paying it back, or you want to know whether or not your, if your strategy for paying it back is the right one. Then that would be someone you talk to. Um, because of the diverse amount of specialties inside of financial services, there’s been people that have cropped up as specialists in student loans. Matter of fact, I’ve had, um, a colleague of Travis’, Maegan Landress on my podcast. So that is a real thing. And I think he’s doing well to go talk to one of those people because let’s say the same person you’re talking about actually works for Teach for America. Well, they actually have some options. They don’t necessarily have to pay back all their loans. There’s some loan forgiveness programs that they may qualify for. And that depends on the type of job you do. So that’s why, you know, it may very well be $300, well spent to do a consult with somebody like Travis over at, um, Student Loan Planner.
Chris Pratt: Okay, great, great feedback. And I mean, $300 compared to, you know, your student loan of 20,000, a hundred thousand dollars even, or more is pretty reasonable. Okay. So, uh, now let’s say, you know, I’ve, I’ve paid off my student loan. One thing we haven’t really talked about is homeownership. Homes are so freaking expensive, especially if you live in some of these, these crazy markets, you know, San Francisco, Seattle areas, horrible. New York city, obviously horrible. You know, if I’m a kid in my twenties and I want to buy a home, but the cheapest home, you know, condos are $500,000. What should I do? What’s your advice? Should, you know, should I save up as much as I can until I have 20% to put down? Is it okay to put down, you know, 5%, you know, what percentage of my income should the mortgage be? Cause of course there are other costs than just the mortgage payment. Um, do you have any advice for that?
Dominique Henderson: Yeah, I think, um, this all depends on your budget now, granted, I mean, there are maybe some geographical constraints as to why you can’t move around, but if you can move, I would, for instance, uh, here’s a plug for Texas, no state taxes, probably about as liberal. And, um, as far as, you know, taxes and things of that nature, being able to start a business as you can get in the continental United States. So you may want to strongly think about relocating, if you can’t relocate, um, you are kind of pigeonholed with your options unless you can make more money, um, maybe be a side hustle or something like that because in some of the places you named and it’s been like this before, right. You know, like Miami, Phoenix, Las Vegas, before the crisis, those, all those were areas that were pretty, you know, the real estate was this ridiculous. I think you have to start,and this goes back to that whole question earlier, Chris, or the discussion earlier about, um, goals, like what are your goals? Are your goals really homeownership? Changing? Wait until prices go back down or things of that nature. I think you have to kind of get creative because the cost of living nowadays is really, really high. And I would even say, you might have to consider whether or not in this particular example, $40,000 is actually a livable wage for the type of things you want to do.
Chris Pratt: Right, I was thinking for just generally than $40,000. Because you know, like someone in my situation, you move to these more expensive places so that you can make more money. So it’s a little bit of a rabbit hole that you, you know, you moved to a higher cost of living area so that you can make more income. I have a ton of friends who make, you know, they make six figures, uh, in San Francisco, but they have to live in a two bedroom apartment with four other roommates, right. Because you know, uh, rent for a two bedroom apartment is $5,000 a month. Right. And, um, maybe some of them are trying to live in, but, but you get, you get the point.
Dominique Henderson: These are choices though. These are still choices, right? So like for instance, I’ll give away mine. So I live in Dallas, we’ll actually South about, about 25 miles South of Dallas. And I have extremely low cost of living now. I’ve saved some expenses over time just because I got kids in college and I was just gonna start, but like my cost of living for what it costs to pay my bills, pay my mortgage in this house and pay the taxes and pay the insurance, which is like the base cost. I’m less than 30 grand a year. So you can find places like that around the country. It’s just like, you have to make choices about where you want to live and all those kinds of things, because yeah, maybe you want to make a lot of money in books or big city. Uh, but things, can you work virtually so that you can serve clients all over the globe or all over the nation so that you can really make whatever type of money you want no matter where you’re at.
Chris Pratt: Right.
Dominique Henderson: Right. So I think that that’s just the world we’re in right now. Um, the cost of real estate in those areas that you named. I don’t see that going down anytime soon. Sam’s just goes in a very, very interesting area where it’s kind of like, where there’s no more places to build. And so unless they changed the laws about where you can put real estate residential real estate, that is then that’s going to be where it is. Seattle has a lot of the same constraints.
Chris Pratt: Yeah. The last thing I want to cover really quickly was the topic of credit cards. We haven’t talked a lot about credit cards on the show. What’s your position on credit cards? Do you think people should get credit cards and try to take advantage of the rewards? You think people should stay away from credit cards? You think it depends on the situation. And what’s your approach to that in terms of advising people on credit cards?
Dominique Henderson: I’m not going to give you the Dave Ramsey answer, which is debt is bad. Cards are bad. Um, to be frank, I, for my businesses, both of my businesses, I would say 95%, 96% of my operating expenses are charged to my credit card every month. And I have enough cash flow to pay them off every month. So you have to use credit responsibly, because unfortunately the credit bureaus and that system, and we don’t have to get into that because there’s a lot of nuances. But the point is, that is a system. Once you introduce yourself into the system, by purchasing something on credit, you have to play by the rules. If you don’t play by the rules, then you’re gonna hurt yourself. That’s with anything, right? That’s what any game with anything, if you don’t play by the rules, you end up hurting yourself. And so I think knowing the rules about credit, like what composes your FICO score, and you know, what amount of your FICO score is attributed to late payments versus how long the account has been open and all that other kind of stuff. You need to know those, if you choose to use credit, um, and it’s a choice it’s not wrong or right. It’s just a choice.
Chris Pratt: I find that it’s a very interesting game to play and I liked that you called it a game. Um, it’s a very serious game to play as well, but if you’re going to play just know that you can lose. I think that’s the important part.
Dominique Henderson: Ray Dalio, D A L I O, the former chairman of Bridgewater Associates, the largest hedge fund in the world. He wrote a book called principles for, I think, life and work or something like that. Very, very, very smart astute guy. I would admonish all your listeners. I would assume that they’re probably in my like daughter’s age, which is like 23 through 35 demographic is probably where your heaviest, but um…
Chris Pratt: Yeah absolutely.
Dominique Henderson: Okay. This should be in every K through 12 curriculum when kids are old enough to understand it. It’s 30 minutes, it’s on YouTube and it’s called How the Economic Machine Works. Everybody should watch this video, but it basically explained at a high level of how the whole economy works. And he talks about what I’m about to say right now, which is, there’s only two ways to purchase things, cash or credit.
Most things, if you think about boats, houses, all these things that really move the economy are purchase on credit. And so you’re likely going to have to play this game at some point in your life, unless you just extremely can wait for things like wait for a house to save enough, to buy a house for cash. I mean, okay, good luck with that. Your wife or your spouse may not like, or, or raise enough cash to pay for your first pregnancy. You know, there’s this thing, but you have to put on credit. So it’s just understanding the components of how that works and playing by the rules. I think that’s probably the simplest way to fair.
Chris Pratt: Great. Alright. Ray Dalio. Thank you for the plug. Alright. This has been really great, Dominique. We’re out of time. I wish we had more time to chat. I just want to plug your podcast, Conversations in Finance with Dominic Henderson, CFP. You can find it on pretty much every major podcasting platform. You also have a YouTube channel where you live stream. What is it, every Wednesday, uh, and you have your company website, DJH-Capital.com. Highly recommend you check them out. Dominick Henderson. Again, here’s some really great advice. Thank you so much for taking the time to come on the show today.
Dominique Henderson: Absolutely. Chris, I appreciate it, man. Thanks for having me.