Investing In Yourself – Using Pillars to Build Your Core | |
Setting Budgets + Saving for Black Swans | |
How to Open My First Brokerage Account | |
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:  | Get Updates to Your Email When I Create A New Post:  |
Coming soon is a post on Health -- The Body. You have to invest in and know the data about your body. Like many people of color, I get nervous about hospitals and doctors. Thanks to my corporate job, I was exposed to annual exams and blood tests. Unfortunately, when I made the shift to being an entrepreneur I didn't keep up with my annual exams. And it may be costing me...stay tuned for a future post on Health and how that impacts your Wealth.
Also Coming Soon - a series on #HowtoInvest. People have been reaching especially after the spikes in Gamestop, AMC, and other stock to learn the basics. I self taught myself how to invest beginning at the age of roughly 18 and have never stopped. To be a good investor and ensure you are not gambling (speculating), I'll cover (hardest parts of investing in RED):
Budgeting 101 - How to Fund Ur Investments?
Why Stocks as an Investment?
What is Ur Investment Profile + Personality?
How to Pick Stocks?
When to Buy Stocks?
How to Enter My Trade?
How Many Stocks Should I Own?
When to Sell Stocks?
Am I Speculating (Gambling)?
When To Buy A Stock - Go On Offense
Learning From David Tepper (Street Cred: #ABilliSquad Member Net Worth: $14.5B, When He Speaks Markets Listen, Owner: Carolina Panters; Charlotte FC (Major League Soccer): David has been a buddy for a long time. If you search my blog, he was instrumental during the financial crisis of 2008. When many were scared or unsure, wondering if the horrible housing bubble would ever end...David spoke calmly about what the Federal Reserve was doing and the fact that it was "Game On". He signaled it was time to be less afraid and start investing and that's what we did here. By following David's advice, we start investing around the lows of the market and our stock portfolios benefitted greatly.
So I wanted to share the following snippet from David for my "When to Buy A Stock" series:
"Tepper says big market corrections create big opportunities for investors and they need to spot those opportunities to become successful in investing.
The investing legend advises investors to remain updated on all the market information and conduct thorough research before investing in a company to understand the best opportunities available."
Source: By Anupam Nagar ETMARKETS.com
Thanks David and in case you didn't completely follow what he meant, here is a "Detail" breakdown:
Market corrections create big opportunities - For us regular folk that don't speak Wall Street, he's simply saying to find opportunities to buy stock when the market is off its game.
What is a Correction? Try these example(s):
a) When LeBron James, Serena Williams, or Tom Brady has a bad game (aka: market correction), INVEST -- they are ballers and will bounce back.
b) When you stand in line for hours on Black Friday freezing waiting for low priced deals (aka: market correction), INVEST -- buy that TV because those rock bottom prices are temporary.
This week I have 8 stocks that will expire profitably:
Tegna (TGNA) - Bought months before the elections when they media companies were at their lows. This is a hedge the stock will trade higher, as I have a big position in TGNA
Navistar (NAV) - Shareholders, like myself, approved the takeover from Traton. Small, but nice profit made here
P****** - This is a subscriber alert stock. We have a big position and continue to go on offense in this position.
Wabash National (WNC) - Small position, our play is to if things can continue to re-open...trucks will be on the road.
Viacom (VIAC) - Still on offense in this position. Read my previous posts
Roku (ROKU) - Still on offense in this position. Read my previous posts; This is a hedge and will be profitable by the end of the week
Snap (SNAP) - Small position, Snapchat is finding ways to make money off advertising and it's working
Palantir - I keep hammering this stock. I told the doctor who took care of me that Government, Cloud, and Security are forces that are converging.
Roku - So nice, I traded it twice 👌
#getthebag
Side Hustle 101 - Know Your Worth
1) Someone's Listening - Skipping College Sports Isn't Insane
Why I'm Reading: Someone's listening. To keep it short, this article is about a league being developed to COMPENSATE high school athletes in a development type league prior to them being considered or drafted for the National Basketball Association (NBA). Again, I've been a broken record - NCAA makes money, colleges make money, coaches make money (and have radio shows)...the players are one injury away from devastation. On top of the fact on 3% of college athletes will make it to the professional leagues. I can sincerely say they ARE NOT being paid their worth.
Prism - Voting is a Moral Issue
1) When I Lost I Shook The Opponents Hand --- I Didn't Get Revenge
Why I'm Watching: The Ken's did an amazing job a few weeks ago. They used their muscle to alert the business community of a troubling development. A business community that was slow in it's initial response because businesses usually stay outta of it. Laws being developed across the country after record voter turnout. As a technology subject matter expert, I find it interesting we can use our mobile phones to securely gamble on sports and even purchase lottery tickets. Oddly, voters lines remain long, drop boxes are constantly argued, and more not less restrictions are being placed on this pillar of democracy. Making "progress" in our voting process doesn't mean you have to be progressive. Thank you Ken Frazier and Ken Chenault.
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