All my property deeds are free and clear..all on HUD...I bought every one of em CASH for 7500.00 or less...I own a construction business...I make 500 to 950.00 a month on every one of em... repairs ain't shit..I got men that work for 8 to 10.00 a hour on em...I ONLY RENT TO MARRIED COUPLES WITH KIDS...30 OF MY properties...have been inhabited for 10 or more years by the same couples.. brah..tell yo brother to call me...I got some info for him..brah
I usually never give investment advice but....
- Thread starter Tito_Jackson
- Start date
All my property deeds are free and clear..all on HUD...I bought every one of em CASH for 7500.00 or less...I own a construction business...I make 500 to 950.00 a month on every one of em... repairs ain't shit..I got men that work for 8 to 10.00 a hour on em...I ONLY RENT TO MARRIED COUPLES WITH KIDS...30 OF MY properties...have been inhabited for 10 or more years by the same couples.. brah..tell yo brother to call me...I got some info for him..brah
Hey Tito,, Whats your thoughts on the cannabis industry??
Right on, write on bruh.. Good moves
U dam right.. brah
I'm luckly ahead of the curb but Tito Jackson I wanted to know why do you have these stocks in M! and not RobbinHood?Is there a spific reason? does one offer one thing better than the other? I have Robbinhood and you're right when you say they are slow when it comes to transactions
Agree with ALL of these even though I sold my Netflix for nice profit got more Dis... I have AAPL, AMD, VOO as well.
The only one I wouldn't get now is TSLA only because I didn't pull the trigger a year ago and Im just gonna fall on the sword..
My portfolio was up 24.99% in 2019 - It would have been more but I got mad weed stocks and ended up selling off many of them for a loss to get Uncle Sam out my ass just a little, kept 2.
This year Im really focused on Dividend bearing stocks, Ive calculated if I can put away what I have in the last 2 years, for 3 more years, I wont have to save and just need to live to become a millionaire by the time I retire.
I do have a professional managed account with Edward Jones and then I use Robinhood myself.
Some ones brothers need to look at is boring ass stocks like WM, WRK to a lesser extent. WM is a dividend monster and is everywhere and is going NO WHERE. There will always be waste.
Good thread my brother
Right, I knew you had properties. I meant the market. I wanna get into it.
Bro, real estate is highly dependent on where it's located. You can't take a sample of one and say that as a fact. That's just the market your brother is in. Historically, more people get rich from real estate than any other investments. Fact.
Why Real Estate Builds Wealth More Consistently Than Other Asset Classes
Are you curious why real estate investors talk so much about why they love real estate? Want to know if there's any substance behind HGTV shows and glamorous remodel projects? Take a look as we pull back the curtain and show the nuts and bolts of why real estate investing grows wealth so well.
www.forbes.com
I watch the movie the big short OFTEN & leanr so much about it! I wish I could have bet on the housing market crash!
Thank you for the information found in this thread.
That is true..... real estate is the long ball... brah
Let's not be foolish...the other thing is gambling and risks with stocks.. brah
I have those in M1 because the cost of each of the shares is relatively high.
- TSLA - $559.01
- NFLX - $351.43
- AMZN - $1,857.25
@drbaby6 @killagram Actually, there is truth in what both of you are saying.
- Regarding Stocks: The S&P 500 has seen steady continuous gains averaging 8% since the turn of the 20th century. That is a long track record. What many people do not know and/ or realize id that many people made money during the great depression. Companies such as Coke, Exxon, and P&G continued to pay dividends during the depression and have done so regularly since the beginning. Statistically, stocks are much more stable than most other investments.
- Regarding Real Estate: 90% of all millionaires invest in real estate. There is a strong positive correlation between ownership of real estate and net worth. Real Estate if done properly can provide generational wealth for many years to come. Despite what it may seem currently, ALL property appreciates in value in due time. The run-down ghettos in Detroit and the abandoned flood-damaged areas in New Orleans are seeing this. Look up property in D.C. Find the worst neighborhood and look at how much the home value has increased. Right now Lil Haiti in Miami is the hottest market because it is the most elevated area relative to the coast.
To be honest, I haven't really looked into it too seriously. It is quickly becoming saturated. "Good Ol' Boy" regulations are shutting out many non-whites who are looking to start farms and/ or open dispensaries. I will jump all the way on board when a cigarette company gets smart and figures out a way to develop and market pre-rolled joints and sell them nationally as they would a pack of Marlboros. lol!!
Having the staff on hand to do the work is a competitive advantage. Plus I'm sure you have a warehouse full of miscellaneous stuff which can be used at will.
Props to you.
Mayne.. u betta stay posting....I wish a muffucka would violate..and do a ock...keep pushing that knowledge.. salutations..brah
Oh I'm fuckin... wit what u putting down... Kinsfolk
Nah. If your under 25k your allowed to day trade up to 3 times every 5 days. If you want to execute more than 3 day trades you will need over 25k.
PDT rule is a rule to stop new traders from losing all there money.
Thanks for the feedback, bruh.. YOur so right, they are shutting the doors on our people.. I see the cig industry taking over the bud/flower/smokable part of the cannabis industry in decade or less.. The edible/concentrates/cbd/tinctures side of the cannabis industry will slowly get bought out buy these big corporations.. Its too much money to be made in the cannabis!! Good thread, bruh
True, but that's the plan. Start now get bought out and move on. It's being happening in tech for decades. Look at what Nas is doing. He's investing in small start ups then selling them for millions reaping the profits.
I've been slowly trying to learn more in hopes of eventually getting in the RE thing as a side hussle to career change. Read another good article today..:
Why Real Estate Builds Wealth More Consistently Than Other Asset Classes
See if you city got a city improvement movement going on... first thang.. first thang first..if they do you can strike gold on homes with them..brah
Facebook bought Instagram for 3 billion...its not worth over 100 billion...while 3 billion is a great price...i would have wanted to negotiate to at least get a percentage of it...
Mo Money
Subbed. And respect @Tito_Jackson great thread
I put in an order for $135. I have 10 in my portfolio to make it a round number:
- AAPL
- MSFT
- AMD
- NFLX
- TSLA
- VOO
- GOOG
- GOOGL
- DIS
- IVV
Nice!! The market is down,I put in an order for $135. I have 10 in my portfolio to make it a round number:
- AAPL
- MSFT
- AMD
- NFLX
- TSLA
- VOO
- GOOG
- GOOGL
- DIS
- IVV
which means it is a great time to buy. Be a shark when there is blood in the water.
I've made about 30% on my portfolios this year. It takes years to learn but there are some stocks and index funds you can buy that will make you about 10-15% each year if you just buy and hold. Short term trading nets a bigger return but its a lot more complicated. Then there are options, which I'm not versed in. If you you want 5 long term stocks to buy I'll post some suggestions.
I'm listening
I'm a novice hoping to find some places to park savings. I'm cool with long term. Buying selling stocks is fun money to me mostly cause I lose. But a good array of long terms is my next goal.
Thanks in advance for any input
Ok I'll give you two funds to buy after the election, DOM (dow fund), SPY (S & P 500 fund). Again I wouldn't buy these two until after Nov because there will be volatility in the market (I think) between late February until the end of the year. Once you buy them just hold them for about 10 years for a 10-20% return year over year. These funds are good because the DOW and S & P will always go up because inflation makes things more expensive, which makes companies worth more, which makes market go up long term. So as market goes up, so will these funds because you are only invested in the top companies in the DOW and S and P. Short term I like Boeing (BA), once the 737 max comes back into service that damn stock is going to go from about 320 to 400. I would sell around 420 or so. MSFT is a great buy now and a long term hold because they are making tons of money and the stock is way undervalued. I think it will hold up even when the market drops this spring, summer, and early fall. MSFT is also releasing the new XBOX later this year which will also give it a boost. Last stock is AWR (american water) its a residential water utility company. This is your "defensive" stock. You can buy it now and hold it long term for small incremental gains over time. It also pays a dividend that exceeds your savings account. Everybody needs clean water pumped into there home and the company is recession proof cause your shit will get shut off if that bill don't get paid. No matter how bad the economy people will by food and pay their water bill. They will pay water before rent sometimes. AWR is especially good because many large institutions move money to utility companies when the overall market is doing poorly, which I anticipate will happen within next one to two months. This is not professional advice, just suggestions based on my personal research.
That's wassup!!! I haven't gotten that high in one trade in terms of profit.
I'm also a Tim understudy (3+ years).
I slowed down alot, I'm doing more studies.
Back in 2018, I was up 2k for the year, then gave it all back to the market.
I closed 3.5k in the red for that year plus 1.8k in commission fees.
So 5.3k poof, gone. I'm slowly getting back on the bicycle of penny stock trading.
What ended up killing my trades were holding trades overnight.
For the newbies, DO NOT HOLD these type of trades overnight.
You will not have control over your loss if the trade moves against you.
The stock can close green for the day and gap down the following morning.
Alot of times that gap down can continue to crash.
Reason I was holding them overnight was due to the pdt rule.
I figured I could swing trade these type of stocks to get out of PDT land.
It worked at first.... then it didn't.
I have to focus on using up the day trades and use another brokerage if I need more.
52 week lows, sounds dangerous cause the stock can continue in a downtrend.
Do you place stops on or keep mental stops to kick out of the trade?
I have stocks to trade as well. I should've got in during the beta, I got in a little after.
I'm paying $149.00 per month.
When I tried shorting, I could never find shares to short. I repeat, I could NEVER find shares to short.
For the noobs again, be SUPER CAREFUL with shorting. You can blow up your trading account shorting.
Blow up meaning, you can go into the negative. When you short, you have unlimited risk.
Many people that were used to shorting the stock DRYS as an example blew up.
That stock squeezed from 2.00 per share to 100.00 per share in a day.
The shorts who couldn't cover were finished.
You also mentioned that stocks to trade has a feature that tells you the direction the stock is going.
Are you talking about the oracle feature?
How's your trading in 2020 so far?
These videos were recent and an interesting angle on P&Ls. Disregard the content on being related to Forex.
In my opinion, these videos below wouldn't necessarily apply to penny stock trading.
This video below includes a trader that shorts: