Continued from 2007 ... GO DOW GO!!

Wifey said:
It's 12 pages long :eek: so I haven't read it all yet -

I read it! Wow. He's an amazing man with a brilliant mind and insight. Definitely an ORACLE. Good work Uncle Warren
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Nope ! Charlie Munger was the oracle hahaha ! Both were nothing but get that dollar and take wnership positions with all the money ! No he has a younger guy to take Charlie Mungers place .. the buffet just sits and eats the massive cash and mybe a little Sushi hahaha .. he make millions for bottemless pockt fools just to have dinner with him , what the heck is that BS all about ,, FOOLS HAHAHA !
Think about the taxes he states the company pays .. I call BS that doesnt even comemclose a smart person unless for special treatment with the government .. makes no sense ..
Dont forget the pay your fair share the leftes push ... Sounds to me that Buffett pays enough to run the government and you never hear anyone go after him hahaha ! He s a democrat ..
 
Look a largest Buffets holdings .. a few ..
bank of America , Apple .. Verizon ,,, look at their charts and tell me how you make the money he makes from those 3 Apple s the only one in the growth arena , the other 2 dont ever move up hardly . They pay a dividend which sure as heck isnt going to make billions with the % he owns in any of them .. i mean come on he pays 29 biziilion in taxes to federal , states and other countries last year , more than the trillion dollar companies ,, whats wrng with that BS picture ..
 
VIPR PWR said:
Nope ! Charlie Munger was the oracle hahaha ! Both were nothing but get that dollar and take wnership positions with all the money ! No he has a younger guy to take Charlie Mungers place .. the buffet just sits and eats the massive cash and mybe a little Sushi hahaha .. he make millions for bottemless pockt fools just to have dinner with him , what the heck is that BS all about ,, FOOLS HAHAHA !
Think about the taxes he states the company pays .. I call BS that doesnt even comemclose a smart person unless for special treatment with the government .. makes no sense ..
Dont forget the pay your fair share the leftes push ... Sounds to me that Buffett pays enough to run the government and you never hear anyone go after him hahaha ! He s a democrat ..
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Oh yeah! Looking at again it that is what it says! Hahah - oh boy!
 
VIPR PWR said:
Look a largest Buffets holdings .. a few ..
bank of America , Apple .. Verizon ,,, look at their charts and tell me how you make the money he makes from those 3 Apple s the only one in the growth arena , the other 2 dont ever move up hardly . They pay a dividend which sure as heck isnt going to make billions with the % he owns in any of them .. i mean come on he pays 29 biziilion in taxes to federal , states and other countries last year , more than the trillion dollar companies ,, whats wrng with that BS picture ..
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I don't know! Maybe Doge should sniff around!
 
Nobody is sure when it comes to the market lol
 
Wifey said:
That's the truth! Look how TSLA taking a hit again and why??
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Allmthe lagit reasonsmthey allways use hahaha ! Its called BS manipulation ! China , the concern Musk is doing to many other things , the chance a may TSLA crash but the last Imhear is a TSLA recall due to steering failures ! But the truth is that musk farted in public during a conference call hahahaha
 
Im looking at a add few more buy ops now on TSLA into next week !

The market got smashed on Friday and the buy ops are opening up for the solid companies .. WMT , META , TSLA and just about every tech stock I own plus others .. building More as Secondary positions since my cost avg. is way lower than the prices on them all ... it like starting over with a new account hahaha
 
VIPR PWR said:
Im looking at a add few more buy ops now on TSLA into next week !

The market got smashed on Friday and the buy ops are opening up for the solid companies .. WMT , META , TSLA and just about every tech stock I own plus others .. building More as Secondary positions since my cost avg. is way lower than the prices on them all ... it like starting over with a new account hahaha
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So cool
 
Maybe some swing trades to build a little more then start holding some long. To many choices for my brain
 
Yes , secondary positions of the good stocks gives you other options to choose cash or drip somemin the position or sell for profit on the up trend without affecting you low cost avg shares .. Choices made to benifitmare good ..
 
Wifey said:
So if you were starting from dead scratch with 1,000 what would you put together? No etfs to start out

I'm getting close with my savings
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Tough to give a specific position to start from scratch . Leaving out ETF's , I would not do that at all ! With my plan for divs and income they are necessary to bring in the cash for other positions or grow on a monthly basis and quarterly basis. 1k isnt a lot and high cost stocks and you can diversify with very many shares ..they dont tend to pay high divs and all tend to be quarterly payouts . Investor strategy is what I would start with since Ive learned from when I started out the first time . Their wernt any ETF's like they are now !
ETFs are cheap enough to diversify less risk plus they follow indexes .
Many sources will tell you young people should start with a index fund , usually controlled or managed type by brokers etc. the problem is they have minimum by ins.

Remember when I told you about the AXOS account I opened and got a bonus of 250$ ? To get that I had to fund the account with 2k for 90 days and make 2 trades ( buys ) . I bought know and already ETF's and then a few other ETF's that paid a High div and yeilds % in case I wanted to drip . I decided not to drip and take the cash . Moved the cash to high % money market account and then transfer to a brokerage account to add and or start new positions when they looked like a buy around or lower than my already cost avg. that account has done well to say the least for as small as it is and cost . You can do the samemon any brokerage platform ! They 250$ sign in bonus was why I opened the account . Monthly payouts was my strategy !

Buying the trillion dollar companies is good on the low but starting out wont allow 1k to got very far as a investor , you would have to be a trader to make the cash or sit in them with hopes of things like good splits..

Using a trader strategy you will be buying and selling for unknown amounts of profits , watching them all the time as not to miss the sell . Say you buy 3 shares of AMZN moves up 5$ per share do you sell or continue to hold out for 10$ or 20$ .. Can take some time to happen especially with the volitillity in todays market . In the mean time waiting it could drop temporarily or just stay flat for a while not making you anything at all ! Building cash is the key, CASH IS KING !
 
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This is the axos .... i just let it sit and pull the div cash when I want to ! No drip ! I Started with 2k , bought a few flips and added a few decent quarterly div stocks imown all but 2 on other accounts. Im sitting on 476.70 in gains . More profit if I sold all the green positions , made the 250$ bonus and take cash divs. 43$ cash on account now to be transferred to money market and then to other brokerage ... More div cash on the etf's coming in end of the month give a day or 2 on payout days .
On the reds I've made enough or close to have broken even or better so if I decide to sell those , I can use that for a tax loss and still made money on the position ,, WIN WIN !
If I sell just the greens I get a profit of 600.17 ... and hold the reds for more divs and see if they go green at some point hahaha !
As a starter I would go with something like this with maybe a few exceptions .. It pays monthly on all the ETF's and Quarterly on the stocks . I would have to look through the account and add up all the divs I made to be able to say how much cash I've already pulled out and invested back into something on another account . The platform is really poor basic ...
my preference is to transfer the entire account to a better platform I have , but I wont pay the transfer fee and need to verify the brokerage I send it to will cover the fees .

With a start of 1000$ the start with something like this account can be a decent Christams of covering some monthly bills...
Whilemit grows over time !
 
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I was told years ago before the internet that You should invest enough to cover your monthly bills or expensis ..Thanks Dad that was exceptional advice .. I wish internet trading was avail. Back then.
 
Wifey said:
Maybe some swing trades to build a little more then start holding some long. To many choices for my brain
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Swing trades can easily bag you .. more risk , more taxes as cap. Gains since you selling short term , you'll have to cover those taxes EOY !
Think about how much a swing ( hint : NVDIA ) will or could make on a trade and what your willing to take to selling . You have to watch more !
Dont go all in and diversify IMO , smaller trades , some will win and others could be bags or loser bags you could have sitting for years ,do it with Dividend stocks only IMO just incase.
 
Without a doubt you understand and have more than enough knowledge to get your feet wet ! Only live experience will give you the real insight IMO.. its a live and learn more to actually getting into the markets ..
 
Been going back and for with my older brother as he has deceided to play his get rich trading again .. well he just told me he had made a buy on a bio pharma stock ( those weight loss pills being push ) recommended by his doctor ! I think it was Novartis .. it was moving up , he put a bigger buy on it and put in a sell , he screwed up on the sell ticket somehow AGAIN and ended up losing 1000$ but did make some on a smaller trade or two and said he actually broke around even .. he doesnt understand trading let alone investing and DD IS LIMITED hahahaha !
 
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