I'm Not a Player, I just Trade Alot | Side Hustle 101 | Prism: Appraisal While Black

  

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

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)?

Investing in Your Health

More to come on Investing in Your Health in Pt 2. 

How to Trade Stocks

So knowing when to sell stocks OR anything in life is arguably the hardest thing to do. When should you sell your house, stocks, car?? The second hardest question to answer is how should I find stocks to buy. A closure to some recent trades and why I bought and sold these positions today:

Cost Conscious 

VIACOMCBS - Stock price dropped because cable is steadily declining. I'm not trying to teach an old dog new tricks, I just like buying things on a discount. Won't hold forever because streaming is the future but they also have a streaming option and people that make content still get paid well. This is just an income producing trade as I own the stock as well.

TAPESTRY - Retail was crushed by COVID-19. I've owned the maker of  "COACH" bags and purses and finally being rewarded. I own the stock and this is just for income. 

DAVE & BUSTERS (PLAY) - This stock was so beaten down last year and I've been holding strong. It's an investment on re-opening that's paying off handsomely. I own the stock and this is just for income.

High Risk/Reward 

MICROVISION - For my Reddit WallStreetBets Crowd! I jumped on this stock, don't know anything about it. It's my gamble trade...and this time it paid off. But I didn't invest alot...only what I can afford to lose. After this tiny win, not sure if I'll be back in MVIS. But this is throw away $$ if I had lost.

KRATOS - Of my 8 trades, Kratos is the only one position currently trading at a loss. I heard a tip and took a gamble on a stock I know nothing about. I thought about holding but...I don't want to own something I don't really believe in. Throw away $$

Techy 

ROKU - What can I say, ROKU is so nice, I traded it trice. It's the gift that keeps giving. I own a nice position in ROKU and these are pruning trades. In addition to my main position, not pictured here I try to trade ROKU as frequently as possible to earn income. I own a ROKU streaming bar, cut the cord a year ago...and not going back.

Here are my trades closing today:

Side Hustle 101 - 

1) PPP: 

Why I'm Reading: 

I qualified for PPP and I'd like to think that I'm putting that money to good use. I focus on hiring and employing people in underrepresented groups for the Cybersecurity industry. For a small but growing side hustle 4 persons of color have been paid by doing business with me. I've had one of my best years due to this small scale up in business. This is all without a website and proves that it's more important to give people a service they need. I plan to use the PPP money to build a website, expand and hire more people. I also learned I don't I don't qualify for full loan forgiveness as I was part of the First Loan Draw, but recent PPP loans do. I know, life is not fair but you won't here me complaining. So here an article on Loan Forgiveness:

ppp-loan-forgiveness

2) Boosting Your Business Using Social Media: 

Why I'm Reading: 

Haha, business is good and I don't even have a website. So my future plans will be to use social media to get that bag. 

3 Social Media Requirements

Prism - Appraisal While Black

1) Bias in Housing: 

Why I'm Reading: 

I try not to argue much nowadays, but to those who don't understand the systemic forces of racism, here is a solid article of how a system is not always equal:

Appraisals While Being Black

When To Buy - When Markets are Going Down (Mary J Blige Style)

 

PREMIUM SUBSCRIBER ALERTS:

This is a quick hitter post. I wanted to reiterate the "Loner" / "Cancel Culture" investment philosophy I sometimes use. In my previous post, you've seen I often come to the aid of companies that have flat out done or said some stupid things. We are human, make mistakes and should not automatically get canceled. But if you break the law, cause harm to another, or invade my or someone else's space --- I have a different frame of mind. Yes, I said it don't be a 'Karen', BLM hater, Asian hater...or just a hater in general. Life is short, can't we all just get along.

The following premium alerts were triggered yesterday and they represent companies I was following and waited until they got picked on. Every quarter companies release a "health check report" called a quarterly earnings report. These companies were flying high, released their quarterly health check and then got beat down. The beautiful thing I do is to set an alert and wait for it to ring. Similarly to my home buying lesson --- don't get emotionally attached or fall in love with an investment. haha I play hard to get...and it's served me well. Once these alerts trigger, I trade them and send them to my subscriber group. If you're at work on the clock, I can't expect you to search for these stocks, so I have your back and deliver them straight to your phone and inbox.

The market was down big yesterday at one point. It reminded me of Mary J Blige's song "I'm going down, when you're not around" and since I was around I bought these stocks on a down day. If you can guess these stocks correctly, I'll reveal these new purchases:

Stock 1: Hint: Zoom meetings have sent these stocks higher. Say cheese!

S******* Inc 

Health Care : Health Care | Small Cap 

Stock 2: Hint: A grumpy billionaire in my Mansa Musa network is buying this stock so we went huntin' in packs together.

B******* Inc 

Health Care : Pharmaceuticals | Large Cap 

Stock 3: Hint: What does scrolling, streaming, and banning have to do with this stock.

T*******

Communication Services : Interactive Media & Services | Large Cap 

Stock 4: Hint: It appears I beat Cathie Woods into stocks like Draftkings; however, I like this bet she making here and decided to follow Cathie here.

S******* Inc 

Communication Services : Entertainment | Mid Cap

As a cybersecurity expert, I've learned to take advantage of Machine Learning. So I use handpicked data points, enter them into a rules engine, and when my data points hits I get that information sent to me. It's the best way to have my $$ working for me while I'm sleeping. I wake up and then make investments after evaluating that data. If you can guess this stock correctly, I'll reveal the new purchase:

Stock 5: Hint, Indeed, I rolled the dice on this stock and think its a winner.

****** Inc NASDAQ: J*******

Industrials : Professional Services | | Based in China

#getthebag