I Just Bought A New Stock
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I am not a professional investor and have never claimed to be. I'm an amateur investor sharing my experience of what I've learned, where I have had success, and where I've had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call "compounders". I view my investments as businesses, not as stocks. Before creating content on CZcams full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, timeline, and overall circumstances.
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Thank you! You have been spot on! Do you offer any courses?
I'm tired of these new buys every week, just to make up some assets with low percentage on my $236k portfolio and try to keep everything around 10%. Do you think these stocks you just mentioned are safe buys to outperform the market this year?
For me. I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery. Or hire a good market strategist.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
Who is this person guiding you and how can i reach he/she?
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Tracy Annette Webb" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesnât want to lose money, glad to say Iâm very profitable now and bought my first house through it
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. Itâs a good idea to diversify your portfolio across different stocks and sectors to minimize risk.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Well, there are a few out there who know what they are doing. I tried a few in the past years, but Iâve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.
Treasury yields and other safe cash-like investments are raising high returns, yet most investors believe this is a good time to buy stocks than gold despite crash. I'd love to spread across $400k into profit yielding dividend equities and end the year well, but unsure of which to get acquire.
all the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
So true! Wealth has no shortcuts, here are ways to acquire it..đ„
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
l made better decisions that grew my finances (over 1M in 2yrs) with heIp of my financiaI pIanner. Got my 3rd house Iast month, and will retire soon.
Elizabeth Greenhunts
get to her with her name..
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
I'm convinced that investing $50k-100k in the right company before it goes big is more important than saving for retirement. However, picking the right company is so hard. I have around $200k in a HYSA and want to invest. What are the best opportunities now?
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I have stuck with the popularly ââJennifer Leigh Hickmanâ for about five years now, and her performance has been consistently impressive. Sheâs quite known in her field, look her up.
Thank you for putting this out, it has rekindled the fire to my goal... was able to spot Jennifer after inputting her full name on the web, she seems highly professional with over a decades of experience.
I see this stock as a revolutionary move in the market. Bought a lot in October, recently sold $130,000 worth for cash. If you missed this, listening to bad news all year cost you some incredible profits.
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gain
I agree. This is why I work with an investment advlsor, I currently have $630k in a well-diversified portfollo that has experienced exponential growth.
@@hullbruce I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@@Aurierserge50 Sure, Sharon Crump Cline is the licensed advisor I use. Just research the name. Youâd find necessary details on the web to set up an appointment
@@hullbruce I like to give this a try even if my needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it
I fully disagree with the idea that the middle class is getting stronger and wealthier.
Then short America lil bro
â@@Chris-vz2kvAmerica is never about the middle class lol. Little bro.
Unfortunately it's true. The reason you won't anecdotally feel it is because things that are worth real value are not the major purchases of the middle class.
Itâs is, itâs just also shrinking in size population wise đ
Yup him and Steven Eisman keep saying this lol the data support them but certainly doesn't feel that way
The most significant lesson I gained from the stock market in 2024 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key
Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
Interesting, Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.
âAnnette Christine Conteâ is the licensed fiduciary I use. Just research the name. You'd find necessary website to work with a correspondence to set up an appointment..
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
My aunt passed and I inherited some of her portfolio and cash savings, Iâm 28 with about 400k cash in savings and as usual everybodyâs preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my returns
Lucky you, Iâd buy a lot of tech stocks and Dividend portfolios with that.
I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own.
How do I reach out to a Fin Advsr? my portfolio has been struggling since 2022 and Iâve been holding on by the skin of my teeth.
The decision on when to pick an Advsr is a very personal one. I get guide from âMonica Mary Strigleâ
Thank you. I see certifications on here website, with good experience. Intrigued, canât wait to hear from her.
Noteworthy video. I need suggestions for stocks to spread across the market that can aid in achieving my 7figure ballpark portfolio goal this year. I have about $230k in TSLA only and I know times are uncertain now.
nasdaq & sp500 exist for a reason, but its okay to consult a portfolio coach if you consider yourself a rookie
Well agreed, for 5 years now, I've had a license professional actively restructuring my portfolio, cos my job doesn't permit me the time to analyse stocks myself and in return, I've realized nearly $1m after subsequent investments to date. Quite straightforward
i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time, mind sharing info of the professional guiding you pleas?
Rachel Sarah Parrish is the licensed advisor I use. Just search the name. Youâll find the necessary details to work with to set up an appointment.
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Iâve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Angela Lynn Shilling is the licensed advisor I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
Good analysis. Travel industry is risky though. Itâs the first thing people cut back when the economy goes south.
but not if you are retired, have cash in bonds etc and their houses paid off. Lots of travellers over 65, travel each year no matter what as time is ticking
@@dawkinThat dries up in a recession. When their income goes down, most everyone tightens their belt. When 2008 happened I was doing home theater and I had 2 clients ask me to cut up and take with me the boxes the equipment came in because they felt guilty. They didnât want to put them out when the garbage trucks ran. Even in gated high end communities people were losing their homes.
Yeah especially since BKNG also has a shedload of debt which could become a problem if its cashflows were to plummet (it actually has negative shareholder equity) - I didn't hear Joseph mention anything about this which seems like a significant risk to me even though it is an interesting pick...
@@firsargentum5920 To be clear they do hold $3 billion more cash than debt. (16 billion in cash, 13 billion in long term debt) They could pay the debt to zero at any time. They probably hold the debt right now because they're earning more on cash interest than they are paying in debt service interest. This is just free money for them so why not.
I do not bother looking at book value of a digital company. I use book value when looking at banks. Companies that are asset-light, and do crazy amounts of buybacks, typically have very low or no book value. You can look at Home Depot, or Dominos, as examples of companies that have near zero or negative book value.
@@JosephCarlsonAfterHours Fair points. The long term debt figure I got via some quick research suggested of $16bn but on further investigation I think this was based off a debt to capital calculation by the info provider which includes the negative shareholder equity. I do find it hard sometimes for a non-pro to get accurate company financial info - I really should try another provider ⊠Iâve heard this Qualtrim is good đ
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However Iâve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I donât know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so Iâve been sticking to investing via an analyst.
This sound interesting. Iâm not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
'Carol Vivian Constable is the licensed fiduciary I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Iâve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Angela Lynn Shilling is the licensed advisor I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
Joseph just wanted to say how much I appreciate you.
I appreciate you watching more.
The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500âs recent earnings. Nvidiaâs stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.../
The car is a Koenigesgg Regera.. it's made in Sweden and is about $3.5mill and only up from there. Very sweet ride.
Still no Corolla
What an absolute waste of money; smart enough to get that kind of money but still desperate for attention.
Should a non profit CEO (sam) be able to buy that? OpenAI is a scam, FTC needs to get involved.
@@user-pw2qm2zk6b The look on his face said it all.
@@user-pw2qm2zk6b I really doubt that the CEO of the hottest startup needs attention. You should not be this worried about what people do with their money.
I was looking at the same company about three months ago.
My analysis took me to decide against the buy. The main reason was that a few weeks later I booked a holiday myself and ended up going through the companies themselves to book things rather than using any other platforms. Then I realised that if all it takes for the company to lose business is from their customers to offer better deals themselves than itâs not a very strong moat.
I may be wrong of course but I donât believe the moat is strong enough to withstand 10+ years or so of growth. Not to mention serial acquirers are showing that they lack the ability to grow organically. Not strong enough of a company for me.
curious what you think of ABNB then?
I just booked a flight on spirit. Used booking to find it first. Remember, itâs a different ball game in Europe, those companies have to pay to play, and booking gets majority of the profit. However, even in my case, spirit still advertised their flight on booking.
@@jakeruth5781 I actually like ABNB quite a lot. It seems they had pioneered a new type of industry branching off short term stays and have used their front running position to become quite strong in regard to how they use their information gathered over the years. The only issue I see with them is that over the last few years or so, other companies have now had the chance to catch up in a way and I think they may start to lose their lead. They may keep doing well for quite a while but Iâm not currently invested. If the price were low enough it may be attractive to me.
I am also quite strict with what I buy as I want to buy things that will most likely be able to withstand long term growth and I just donât know if ABNB can continue to grow as well as they have in the past.
Let me know your thoughts if youâd like
I think there's still good growth for this group of companies as they supplant direct bookings, but agree that competition within the group is the main risk. Much like what happened in retail space, I think it will just consolidate within 2-3 top players.. if that's the only concern then why not just buy all.
@@jakeruth5781 I responded to your message but now canât see the response. Can you see it or has it been taken down?
Crazy how you post all this stuff but Iâm still not making money lmfaooo Iâm fuckin cursed. Missed like 25-30 different 100-500% runners this year already and I just keep buying junk that drops -20% each day
There is no way around it, you gotta create your own system from scratch which is what I've done. I just watch these guys to get different perspectives. My system is 100% accurate and has nothing to do with guessing what the Fed will do or macro economic data of any kind.
Recently started out with an investment manager and it turned out to be exactly what I was looking for. When I look back, On over 150k my rate of return was 3/1.5 % on buy & hold. Disaster. Long story short I wish I could have taken this path long ago. Closed last year with a growth of 32%, I could have hit a million and more by now.
bravo! I've been getting suggestions to consider financial advisory, but where and how to find someone reputable has been challenging, mind if I look up the advisor guiding you please?
Sure. Nancy Magaret Delony is the analyst that helps me. She has a large following and is easily found online. She has extensive understanding as I have made so much since following her.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send an email to her and let you know how it goes. Thanks for sharing
Just to say thank you, Joseph - calm, analytical, knowledgable, and very humble. Your contribution extends well beyond the money subject.
More than half of single family dwellings were bought by equity firms in 2023. The middle is "growing" because the 65+ who own their houses are millionaires.
There is a huge growing forever renter class that may or may not spend their money on travel instead of home ownership
Well said. To be more accurate, private equity bought a little less than half of single family dwellings sold in 2023 (44%). These purchases are heavily concentrated in metropolitan areas, accounting for well over half.
Itâs the greatest crime against our future prosperity, itâs happening in broad daylight, and very few in power want to reverse the trend.
you may well be right long term but keep in mind that this is the most economically sensitive category in the economy. ppl cut vaca first.
He said that. Why should long term investors worry about temporary market fluctuations? Also, don't underestimate the stupidity of poor people. Thanks to social media, they will borrow money to go on vacation or charge it to a credit card.
@@RealSerie26 long term is a relative concept. If long term is 20 yrs then sure why would anybody care. At the same time it seems based on many indicators we may be entering period of reduced travel spending. If thatâs the case why buy now.
And eating at restaurants. Texas Roadhouse is going to get slaughtered when the recession hits. Booking doubled in the last year, what is their price when the recession hits later this year? Personally, I think the cards are about to collapse. They can only fake the numbers for so long.
@@RealSerie26Good point đ Does Europe have many hotel rooms that donât have migrants in them? Oh wait, I bet they are making more fees from the govt than consumers.
This falls under discretionary spending for consumers. Any weakness in the economy, will cause the stock to tank by 50%. Just my opinion.
Joseph, I agree with 9 out of every 10 of your picks, this one is one of the 1s. Itâs certainly not a bad pick but it doesnât seem to follow your principles.
You make several good points about the economy of scale power and free cash flow growth but where is the moat you always emphasize? Anyone with an internet connection and $1000 could theoretically create a competitive product. Thereâs also the threat of Chat GPT and Mr Altman - if they get into the booking business heâll be driving one of SpaceXs rockets.
Is this more of a short term (18-24 months) play?
Difficult to create a competitive product for $1,000. There's specific relationships that Booking has with hotels only because of their size. A smaller startup would not have the bartering power or market weight and inventory to get those types of relationships. Booking has 20,000+ employees with 24/7 customer service, and owns digital properties that connect hotels to car rentals to airports to restaurants. Very difficult for a small company to rebuild this. It's only been accomplished through a series of key acquisitions. Lifetime customer value and brand loyalty is another thing. Once someone uses something like booking once, and they have a good experience, much more likely they'll just use it again once they're in the ecosystem. They have a huge market share already and their marketing is effective at getting more people into the ecosystem.
The reason it's as big as it is now is not because it hasn't faced adequate competition.
The key is risk analysis. The markets are and has always been unpredictable. Thus the important point is not how much one might make but what one could lose. trading and holding on speculative stocks/Crypto and even great stocks can test ones ability in the arena of our ability to control ones loss aversion biasâŠbuy high sell lowâŠThe market is overvalued by almost all measures like the CAPE and Buffett indicator. Speculation is high with things like meme stocks (are they dead yet?), our kitty dude, Ai dreaming and all.... It is all about how much one can lose during times like these. Does that mean don't invest, of course not but one must access the risk and have a way out if the tide goes out.....I've been engaged in active trading and managed to grow a nest egg of around 2.6B'tc to a decent 24B'tc....I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Sandy Barclays program is widely available online..
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
The present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to sheâs so accommodating.
Funny timing. I went on a vacation this past week, and downloaded the Booking app to take care of my lodging needs. Very easy, seamless, efficient way to travel, nothing but good to say about it.
I think this is genius purchase. When people cut back and the stock tanks you'll be able to get shares on the low low. People need to remember that extreme volatility is actually better for your returns if you're a net buyer of stocks in which long term investors always are.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? Iâve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Regarding Sam Altman's Koenigesgg Regera, he's actually a billionaire (or multi-millionaire at least) from his days at Y Combinator. He joined in the early 2010's and was President for a few years before becoming CEO of OpenAI. Y Combinator allowed him to invest in a ton of Silicon Valley startups, many of which have become successful, which is where he got his money from.
The sketchy part is how many of those startups have private deals with OpenAI, so even if Sam doesn't directly benefit from OpenAI's success, he might be getting some kickback on the side.
Marriott is another company worth looking at for nearly all the same reasons.
And higher quality IMOH
Yes. MAR transitioned into an asset light, intellectual property business. The franchiseeâs make the Capital expenditures
It's a little late to get on the Booking holdings IMO. I was buying fractions of the stock in 2023 and it did great since. But i don't see it compounding for a long term. Maybe it will do great, maybe it won't... I don't have a lot invested in it.
Iâve owned this company for a while now. I agree with you on most points. The biggest point for me, is the absolutely massive share buyback.
the car Sam Altman is driving is a Koenigsegg Regera. costs more than 2 mio.
Just a handfull of AI chips. Basically pocket money =)
Customer dissatisfaction with Booking is huge. They tend to have good deals but if you have to do a change or need refund, good luck. There should be class action against these company if there isnât one already.
For my easy of cancelling is one of the main reason to use booking. I had to cancel few times and never had an issue
Never had issues with cancelling or changing a booking with Booking. In fact, it's one of the main reasons I use them.
Thanks, Joseph for the video. BKNG is one of the few not-overvalued gems in this market. I also would favor it for a buy. Good selection!
How can I safeguard my investment portfolio of around $2M in stocks amidst the economic firestorm? What's the most effective strategy to reallocate funds in my portfolio to hedge against downturns?
Investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
With two million dollars and if younger than 45, you should just put 40% of your money in SCHWAB US DIVIDEND EQUITY ETF SCHD and 60% in SCHWAB GROWTH ETF SCHG.
If willing to go for it put 25% in both companies above and 500,000 in both Amazon and Meta. Amazon has 30% of the global cloud business which is expected to expand from 60 billion a year to 600 by 2030. Metaâs metaverse is a revolution that only the hard core sci-fi reader understand. 90% of companies on the planet with be forced into selling their wares, etc. on Meta where Meta will take a small fee. You wonât be able to get people off this thing. The company is priced for non-metaverse earning. It will be the largest company in the world many times over. Dinning on Saturnâs rings with your partner in Tokyo and eating the sam3 meal and wine delivered to you from an affiliate service. Every gesture your patrber makes it projected to you perfectly with AI waiters and customers. Setting for possible surprise interaction in the back either subtle or not. West World babe West World. Limited Lebron 2030s with projections of his highlights from your shoes as you walk around making them possibly less valuable they are worn and in what environment online. NFT living spaces and wares. playing board games, video games in each otherâs homes, apartments in New Station on Planet X where the environment evolves culturally and politically. The crazy shit has been spending $10 billion a year and by 2030 +/- when AI is ready and he reveals it youâll get 19x in a year and another 10-30x over there next ten.
Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
Problem is that NVDA is addicted to the datacenter, their mobile offerings are terrible. Inference needs to happen at the edge (mobile) and training will not have the same amount of demand as time goes on. NVDA is a major bet on aggregation of resources (compute) but this is cyclical as we have seen dozens of major shifts in this industry. Remember when Citrix aggregated desktops with VDI and then it imploded because VDI has a problem with latency? AI Inference in the datacenter has the same problem with latency. AAPL and Samsung are the best buys for AI now that we are transitioning from training to inference. If you are in cross roads or need sincere advise on the best moves to take now its best you seek a pro who knows about the financial markets. Cheers and good luck!
Problem is that NVDA is addicted to the datacenter, their mobile offerings are terrible. Inference needs to happen at the edge (mobile) and training will not have the same amount of demand as time goes on. NVDA is a major bet on aggregation of resources (compute) but this is cyclical as we have seen dozens of major shifts in this industry. Remember when Citrix aggregated desktops with VDI and then it imploded because VDI has a problem with latency? AI Inference in the datacenter has the same problem with latency. AAPL and Samsung are the best buys for AI now that we are transitioning from training to inference.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan that includes AI looking into Nvidia, MSFT, Alphabet stocks among others with my Fin. Advisor, . It's been a year and half of steady growth with over $700k in profit.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment riskwould be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Hey Joseph, what do you think of Caterpillar stock (CAT)?
Way too cyclical for his style, my guess. Same reason he avoids mining companies.
Groceries inflation is up 100%+. The middle class is getting destroyed.
Where did get your data? The grocery inflation rate for 2022 was 9.9%, 5.8% in 2023, and 1% to 2% in 2024.
Yet somehow they still find money to donate to Donald Trumpâs campaign.
wrong
Biden America.
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Waking up every 14th of each month to $210,000 itâs a blessing to I and my family⊠Big gratitude to Ann Marie strunk đ
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down đ€Šââïžof myself because of low finance but I still
believe in God
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Ann Marie strunk đđ
I agree on Booking Holdings. High quality business. I am suprised you havenât considered buying Ulta Beauty because they both just buy back their stock at cheap prices. Even though they have competition. Ulta imo has legitimate potential especially with what they have been doing with Target and also expanding to Mexico as well.
He used to have Ulta, idk what happened to it
IMO Estee Lauder is a better brand than ULTA. ELF is doing the best.
@@moneekdilawari4508 ELF's FCF yield is very low, Ulta is very high nearly 5% just like BKNG.
@@moneekdilawari4508 as a brand I agree, as an investment I do not but that's just my take.
I do fear their huge debt growth over the last 5 years , and their already high PE ratio and market cap
I'm building a passive income stock portfolio and i don't know the stocks to start with.
Problem with booking here in europe is that ppl start to use booking and find what they need and then go directly to the hotels or airlines website and book it there cheaper. its used like a better google for vacations
Correct, that's how I use Booking nowadays. Direct bookings are cheaper and hotels usually give you compliments when booking directly. This makes sense because hotels pay some amount to Booking for services. It's good for tourists and good for hotel to book directly.
@@SCShield Most hotels or accomodations aren't reacheble directly. You have to book them throught Booking. When I speak to the owners of accomodations they say they all hate booking, but it's the only way for them to get customers.
@@SwarioC Yes, this is when I use Booking when hotel doesn't have a website to book directly. That's usually rare, but I guess it depends on what kind of hotels you're looking for (2-3-4-5 stars). I agree with you.
Dutchy here, I have quite some friends who work/worked at booking, they usually kinda strangled hotels by demanding lowest price guarantee tho otherwise you get kicked offâŠaltho I could imagine this maybe has changed in the years due to politics interfering with this practice đ
Iâm not really seeing the âmoatâ here.
network effect
Thats what i was thinking aswell, where is the moat? this is nothing that cant be copied better by others?
are you seeing the billions in cash flow ?
@@washtubdysthe9221 correct. But they are the 1st & most dominant player. Think Google Facebook Amazon. Displacing them âmightâ be possible but will be very costly. Most capitalist look for cheap profits đđ
There is no moat here
Surprised you went with Booking over something like Visa
I have a lot of money in Mastercard which I consider a great deal of overlap in growth and risk with Visa.
VISA and Mastercard need to come down significantly. Will buy Mastercard near 380 $US.
@@AnoNymInvestor k
My wife and I net-worth was 62k April 2020.
Just hit 550k this week. Started last month this 2024 investing with Amelia Jason. I still thank you for the level-headed financial advice.
Thanks for keeping it light and real at the same time.
Much needed for us traders in times like these!..
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors this Amelia Jason is she one?
It surprising mrs Amelia Jason is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely .
Another fake plug đ. Go away
4k a share, I can afford to buy 1 share đ
I can't afford even 1 đ
You can buy partial or fractional shares of it ya know? Wish the dividend was more for $4026 its only $8.75 every 3 months. Also wish I had the money to sell options on this stock but that's north of $400,000+ per contract.
Got to get those fractional shares!
I like the new addition and the Thesis, I am going to continue build my VISA position since it is continuing to expand internationally and just saw this that it is expanding more in the Caribbean and Latin America.
Great video Joseph!!
Thanks for all your thoughts. Do you think BKNG will do a stock split?
Hoping for the SalesForce effect that it now drops 20%
Having the opinion that the middle class is growing anywhere, especially in the US, is yikes. Data shows that wealth inequality is growing and growing, with the middle class shrinking.
You are correct. The middle class is being squeezed out.
Yep
Yeah I was baffled by that Thesis.
Totally laughable and out of touch
Real median household income, meaning adjusted for inflation, went from $62,000 in 2012 to $74,000 in 2023.
The people stating that people are getting crushed are the ones out of touch. Go outside. Touch some grass. Visit a Costco, a Walmart, a McDonaldâs, a Texas Roadhouse, a movie theater. Go to Vegas. Go to an airport. Literally every place is packed.
I recently came into a huge inheritance, and I'm conflicted as to where to invest it, some of my ideas are A. All in on SCHD B. A 33.3% split between QQQM, SCHD and SPY? Or maybe 60/40 between SCHD and some other stock? I wanted to hear what you think! I'm lucky though, Im only 31, so I have plenty of time for compound interest
My portfolio cracked $50 million this week I have a good amount of SCHD and I'm still buying weekly preparing for a flip in tbe market. Right now it makes up on 4% of my entire portfolio. VOO is only 5% of my portfolio and VGT is about 6%. I'm working to bring those up to 10% each and reduce my individual stocks down to 40% from 52%... I also hold smaller amounts of VIG, DGRO, and MGK in a secondary account that I'm buying weekly as well. My individual stocks have blown all other investments out of tbe water the last 5 years, but I don't expect to outperform over the long haul.
Good, are you doing this yourself, whats your cash flow like
No I'm not, Diana Leayani lara is behind my growth, look her name up or make proper research for one who is suitable with your goals.
Hi , Can you suggust stocks or funds which will not fall (or rise) during market fall ?
It is always easy to buy new stocks, but buying the right stock without a proven strategy is extremely challenging. I've been trying to grow my $360K portfolio, but my major challenge is not knowing the best entry and exit strategies. I would greatly appreciate any suggestions.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k
Please who is the advisor that assist you with your investment and if you don't mind, how do I get in touch with them?
*Sharon Lynne Hart* is the licensed advisor I use. Just research the name. Youâd find necessary details to work with a correspondence to set up an appointment..
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@JosephCarlsonAfterHours have you thought about the risk of regulators, mainly in Europe over the increasing protests against overtourism
The assets in BKNG are 27.7 Billion but the liabilities are 324 Billion, and in the last 12 months insiders have sold 70 million in shares , you have to wonder ho safe this is ?
$31.8 Billion Liabilities
19:29 ; More cash than debt.
I really enjoy your channel.
You make a strong case for BKNG. My wife goes to them every time we travel. Iâve never thought about investing in them. Potentially something to pick up.
Buying from the high again like Salesforce, Weâll see, only time will tell
I donât think Iâve disagreed with you until now. Thereâs gotta be something better to invest in than travel.
Why did you sell your Chipotle stock?
I definitely believe in this space. I choose ABNB as my representation, but I think being in this space is definitely a win.
Any Update to Pool Corp? Do you still own it?
You can see his holdings in the description; he doesnt
@@DapaChrons do you know if there was Any Information/video about his selling?
@@OB470y ah no, I donât sorry. I didnât watch his channels back then frequently. I know it was sometime in 2023 between when he bought it and the beginning of this year
@@OB470y I don't remember him buying into it. I thought he just gave his thesis on it and it was on his watchlist.
Last 5y: spy 85p bkng 111p schg 150p qqq 160p
I will never understand why take the risk of stock picking if not significantly outperforming major indexes
needs a stock split, but great company
Joseph wasup? I've come across a very interesting stock Abercrombie & Fitch Co which you must know some of the products..
Looks like a zero to hero situation you probably want to cover.
Thanks for the video, I agree, this is a great idea!! Should have bought years ago, but maybe it is not too late
Booking lost my booking in 2017 still haven't apologized or tried make it right. Run!!!!!!!!!!!!!!!!
As always, really much appreciated your video and all the provided information!!
Based on your post on X, I wouldâve loved to hear your input on why Booking instead of AIRBNB !
Is it based on the diversification of Booking compared to Airbnb ?
Thanks again !
Joseph "Vici" Carlson
Oh yeah mr carson, he loves car stocks
Any plans to sell Texas Roadhouse anytime soon?
Not yet!
Brass cojones!! Love your channel Joseph.
As Italian citizens, I agree with you , here almost everyone use booking app and thereâs no main hotels chains. And in every case for almost everyone itâs really important travel and post stories for Instagram. Thatâs why I already invested in booking 1 year ago đ
Im a fan of your videos whoch are very informative. On a few videos you mentioned FICO and each time you valued it to be expensive. You made a video when FICO was only in the low to mid $800 range. It has sinced doubled in one year. I bought at $1,100 believed it would continue to rise once the Fed starts cutting rates.
One thing that worries me about Booking Holdings is how they have more liabilities than assets, and over the last 2 years the total equity (assets minus liabilities) has swung from 6 billion to -4 billion, and I couldn't find an obvious reason to explain this. Joseph what's your thought on this?
Seems like Booking has negative equities since last year (and then no RoE figures anymore). Isnt it dangerous ??
What about comparing it with ABNB business? ABNB is one of the highest margin companies in SP500 and is really cheap right now.
Have you taken a look at cruise lines as well?đ
Joseph, please take a look at ELF sometime. Look at 1 year, 2 year, and 3 year chart comparison and then the numbers on qualtrim. Put it up against the QQQ or SPY, even NVDA. Be amazed! đ
Those share buybacks are crazy
W buy, I bought it couple of months ago. it's a hidden gem that a lot of people overlook. High net margin, high next 5y earnings growth, low valuation. The Company easily affords the high debt with high cash flow, and the future rate cut will boost the stock even further
Joseph I want to know if itâs just a compounding machine or a compounding cybernetic organism with living tissue over a metal endoskeleton.
Koenigsegg Agera or Regera, they vary wildly in price based on options but they are gonna be atleast 1.5million dollars and up, more than likely upwards of 3 million or more.
buying gasoline at Costco pays membership in 60 days
Great content as usual. Im here for information and level headed insights. My opinion is left at the door.
can you analyze sweetgreen stock? their popularity is surging past texas roadhaouse and chipotle but the stock is still cheap
Should have went with Marriott! Company is amazing. Always a good time to buy
Why not Airbnb? Just wondering whatâs your thesis between booking vs Airbnb?
Love it. My main concern would be that this seems to be a business that could be very easily supplanted by AI. It even feels like the kind of service that a company might use to showcase their AI. I know you said that Google wouldn't have any interest in this space, but in the event that they had an LLM that could run semi-autonomously, I think they would enter the space.
Joseph, I have little disagreement with your analysis on Bookings, except for the financial negatives you did not address. Do you think that the Tangible Book Value and the Debt to Equity ratio is not important? Although their Free Cash Flow looks good, the Book Value and Debt to Equity ratio is getting worse and moving in the wrong direction for Bookings.
Vematum's future looks bright. Stellar project!
Vematum's making moves. Glad to be part of it!
Nice pick, It would be interesting to know why booking over airbnb
What's probably your expected holding period for the new stock?
Booking is on my watch list but I already own Airbnb. I love the ceo of Airbnb so Iâm betting on him and the company.
Keep em coming Joseph!
Joseph
Buy FICO already
You introduced me to this compounding monster last year and im up more than 70% since.
Yet you didnt buy it this entire time.
I'm not convinced he is actually driving that car. It looks AI generated to me
Vanguard warning of decline in S&P500 next 10 years. 3-5% annualized from 10%. Ditto high cap growth stocks. Your thoughts?
About a week ago I opened two positions and one of them was Booking Holdings. This video just made me feel much better about that investment. I'm so glad I have the same investment strategy as you do!
Second investment was Copart. Seems like it's under the radar, but still a great compounder. You might want to take a quick look.