I am already on MSFT like you said the stock is undervalued. I try to buy a few shares every month.
SPY I have on my list of future buys. I check out DOM ans AWR thanks for the info.
I usually never give investment advice but....
- Thread starter Tito_Jackson
- Start date
I am already on MSFT like you said the stock is undervalued. I try to buy a few shares every month.
SPY I have on my list of future buys. I check out DOM ans AWR thanks for the info.
Make sure you guys take advantage of your 401K and Deferred Comp programs at work. Put as much as you can in that shit. Also buy whole life insurance that appreciates in cash value as you pay your premiums. My plan when the market drops this year is to sell all most of my stocks and switch to bonds, treasuries, and precious metals until the end of the year. However, I might buy some dollar store or walmart because those stocks tend to go up when market is down.
I just started with them as of this week. They have a paper trading platform called think or swim. Problem is (for me) that they upgraded their
platform which made my computers obsolete. Think or swim is free once you've registered with TD Ameritrade.
I wish I had an M1 account. I sold my only share of AMZN (Amazon) and that bitch leaped 200 dollars off of earnings call!!
And I just signed up RH with a margin account. Most Valuable Thread!!
I'm considering uploading Think or Swim to one of my tablets but I'm going to trade on RH. Do you know of any good mid caps I should bid on?
Currently, I'm studying options.
That's it? That's all you got to write? Tesla is giving away money. Tesla makes money grow on trees. I buy a little of Tesla on margin and sold it just to cover gas money. If I held it by the afternoon, I'd have a grand in my pocket!
Tesla's a good reason to register for a brokerage account and grab some money!!
$TSLA is hot now but i called it months ago.
$NIO (Chinese electric car company) is a stock to buy as a sympathy play off of $TSLA.
nio is doodoo
Compared to tsla or in general? NIO has done well recently, not expecting that to continue?
dumped nio a while ago. not ready for a break out. its boring
I'm the student here but 1.88 - 4.03 in last 3 months dont sound to shitty.
Hind site is 20/20 tho
I’m new to this! Took the OPs advise and I am impressed! I
Don't you just hate people like that?
I don’t mind
Bears have a lot of point
Any one can take a look at the market and
Know it’s funny money
they do the doom and gloom a bit much
But at least when the market tanks
No one can say they were blind sided
Saw this on quora just sharing
I am 45 and just had a $8M exit (all cash) without much talent. What should I do?
As a mentor, I advise not to spend one dollar of that new money. I advise to invest it properly and to only spend the fruits of the investments. So here’s what you can do:
1: So let’s drop one million into a good dividend stock: IEP, Icahn Enterprises: It pays about 12% dividend per year. That's $120,000 income on $1,000,000. Not Bad. I combed through 1,000 stocks to get you IEP so don’t feel like I’m just giving you a random stock.
I've been with IEP for 15 years and they always paid the nice dividend. The stock is a rollercoaster, but stay with the dips and peaks to eek out that dividend income. IEP is hard to beat.
2: Put down one million into an apartment rental: (3–4 units California/USA): It will take some looking but you can find a 4 Unit Apartment rental in Los Angeles California that makes a small profit in monthly rent. Expect to pay about $1,000,000 (one million).
Each rent can fetch about $1,750 a month plus. That’s $7,000.00 per month and $84,000 per year income. Put %10 management company fee and %10 costs for upkeep = 84,000* .80 = $67,200 a year income. I’m just going to round that down to $60,000 per year. You may have more costs. Take this deal.
Add the $120,000 income from your dividend stock and we are bringing in about $160,000 with #1 & #2 above, combined — per year.
We just invested two million dollars; the rest is up to you. Notice, we didn’t actually spend any of that precious eight million; only spend what comes from the investments; never spend the original amount.
“Cut the fruit from the tree. Never cut the tree.” — Wiseman.
You will need to pay taxes. Don't complain. Keep humble with your new-found money and keep your investments private. Your financial future depends on it.
I’m also telling you a lot about what Not to do. Don't do anything risky. When the in-law comes to you with a wonderful investment idea — you will promptly respond with NO! This is not the shark tank — You are not a shark!
Also — you are not a bank! Do not think you can just loan out your new-found money; it’s unlikely to return. Your new big word is NO. Practice that. Practice that and practice keeping quiet. Don't flaunt your money; people will take it from you. Be smart. That’s my advise. Best of luck.
I am 45 and just had a $8M exit (all cash) without much talent. What should I do?
As a mentor, I advise not to spend one dollar of that new money. I advise to invest it properly and to only spend the fruits of the investments. So here’s what you can do:
1: So let’s drop one million into a good dividend stock: IEP, Icahn Enterprises: It pays about 12% dividend per year. That's $120,000 income on $1,000,000. Not Bad. I combed through 1,000 stocks to get you IEP so don’t feel like I’m just giving you a random stock.
I've been with IEP for 15 years and they always paid the nice dividend. The stock is a rollercoaster, but stay with the dips and peaks to eek out that dividend income. IEP is hard to beat.
2: Put down one million into an apartment rental: (3–4 units California/USA): It will take some looking but you can find a 4 Unit Apartment rental in Los Angeles California that makes a small profit in monthly rent. Expect to pay about $1,000,000 (one million).
Each rent can fetch about $1,750 a month plus. That’s $7,000.00 per month and $84,000 per year income. Put %10 management company fee and %10 costs for upkeep = 84,000* .80 = $67,200 a year income. I’m just going to round that down to $60,000 per year. You may have more costs. Take this deal.
Add the $120,000 income from your dividend stock and we are bringing in about $160,000 with #1 & #2 above, combined — per year.
We just invested two million dollars; the rest is up to you. Notice, we didn’t actually spend any of that precious eight million; only spend what comes from the investments; never spend the original amount.
“Cut the fruit from the tree. Never cut the tree.” — Wiseman.
You will need to pay taxes. Don't complain. Keep humble with your new-found money and keep your investments private. Your financial future depends on it.
I’m also telling you a lot about what Not to do. Don't do anything risky. When the in-law comes to you with a wonderful investment idea — you will promptly respond with NO! This is not the shark tank — You are not a shark!
Also — you are not a bank! Do not think you can just loan out your new-found money; it’s unlikely to return. Your new big word is NO. Practice that. Practice that and practice keeping quiet. Don't flaunt your money; people will take it from you. Be smart. That’s my advise. Best of luck.
Cool. I will look into it. Sounds like a good stock option play. I'm saving up for a modest quadplex as of late.
Dayum.
That was gospel
Solid info. Thanks.
gotta check mine's later .....
I did this just to test it. Had about $10k siting in my investment account, divided it throughout the stocks listed in this thread. Portfolio is up $500 today
Alright, everyone. We are halfway through the investment challenge.
Hopefully, all of you took the steps I laid out in this thread. You could have started with as little as $1.00.
The following updates are assuming you began January 27th, the Monday after I posted the challenge. Results will vary, but for most if not all of you, if you started three weeks ago, you will be in the positive.
Every pick has positive growth. Every pick significantly outpaced any money market, bond, savings or checking account. This is an average % growth of 10%. That's crazy!!! So, if you invested $1000.00 you earned approximately $100.00 in three weeks. Phone bill, light bill, etc paid for. Literally doing nothing. This is how rich people get richer. I will post the final update in two weeks or so...around the 27th of February.
If you haven't started, start today!!! Take that $10.00 you were going to use for lunch and open an M1 account. You can do it!!!
Hopefully, all of you took the steps I laid out in this thread. You could have started with as little as $1.00.
The following updates are assuming you began January 27th, the Monday after I posted the challenge. Results will vary, but for most if not all of you, if you started three weeks ago, you will be in the positive.
| Stock | 27-Jan | 18-Feb | % Growth |
| AAPL | 308.95 | 316.48 | 2% |
| MSFT | 162.28 | 186.36 | 13% |
| AMD | 49.26 | 55.63 | 11% |
| NFLX | 342.88 | 383.85 | 11% |
| TSLA | 558.02 | 842.3 | 34% |
| VOO | 297.23 | 309.69 | 4% |
| GOOG | 1433.9 | 1527 | 6% |
| GOOGL | 1431.73 | 1526.2 | 6% |
| DIS | 135.9 | 139.09 | 2% |
Every pick has positive growth. Every pick significantly outpaced any money market, bond, savings or checking account. This is an average % growth of 10%. That's crazy!!! So, if you invested $1000.00 you earned approximately $100.00 in three weeks. Phone bill, light bill, etc paid for. Literally doing nothing. This is how rich people get richer. I will post the final update in two weeks or so...around the 27th of February.
If you haven't started, start today!!! Take that $10.00 you were going to use for lunch and open an M1 account. You can do it!!!
DAMN!!!!! Today has started off crazy. Even if you jumped in yesterday, you would already be making money. Stop waiting. Tesla and AMD are seeing big gains today and it's not even noon yet.
For those who are scared and still unsure of how this works.... I want you to think of this as your bank account. When you put your money in a savings or checking account, the bank invests your money. The difference is, they keep all the profit and give you on average .09%. Robbing you!! You essentially pay the banks to make money. With Robinhood investing you can get a debit card to access your money like a normal bank. With most investment platforms, you can withdraw all of your investments into your normal bank account in about 3 business days. Why wouldn't you do the smart thing with your money?
After this challenge is over, I will be falling back on the investment posts. One thing I know is that you can only offer advice. I recognize that not everyone will heed the advice. So, if I am able to help at least one of you, I can rest easy knowing I assisted another brother to become closer to financial freedom.
Again, you can start with as little as a dollar. Skip lunch today. Get $5.00 less gas today. Noone on this board has an excuse regarding why they can not open his or her investment account today. (even if you do not currently have a banking account)
For those who are scared and still unsure of how this works.... I want you to think of this as your bank account. When you put your money in a savings or checking account, the bank invests your money. The difference is, they keep all the profit and give you on average .09%. Robbing you!! You essentially pay the banks to make money. With Robinhood investing you can get a debit card to access your money like a normal bank. With most investment platforms, you can withdraw all of your investments into your normal bank account in about 3 business days. Why wouldn't you do the smart thing with your money?
| Stock | 27-Jan | 18-Feb | % Growth | 19-Feb | One Day % Growth | Total % Growth |
| AAPL | 308.95 | 316.48 | 2% | 324.19 | 2.38% | 5% |
| MSFT | 162.28 | 186.36 | 13% | 187.44 | 0.58% | 13% |
| AMD | 49.26 | 55.63 | 11% | 58.81 | 5.41% | 16% |
| NFLX | 342.88 | 383.85 | 11% | 387.94 | 1.05% | 12% |
| TSLA | 558.02 | 842.3 | 34% | 938.02 | 10.20% | 41% |
| VOO | 297.23 | 309.69 | 4% | 311.35 | 0.53% | 5% |
| GOOG | 1433.9 | 1527 | 6% | 1530.3 | 0.22% | 6% |
| GOOGL | 1431.73 | 1526.2 | 6% | 1529.02 | 0.18% | 6% |
| DIS | 135.9 | 139.09 | 2% | 140.89 | 1.28% | 4% |
Again, you can start with as little as a dollar. Skip lunch today. Get $5.00 less gas today. Noone on this board has an excuse regarding why they can not open his or her investment account today. (even if you do not currently have a banking account)
Thank You
Yea, I see Cornoa has got the market all red.
