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Jake Broe
Jake Broe
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Comments by "Jake Broe" (@JakeBroe) on "$25K Swing Trading Challenge (Day 032) - Warren Buffett Bought My Stock" video.
Hey Andy! I personally would not. I think the craze happening right now around electric vehicles is all speculation. There are no solid numbers to justify these sky high expectations. People are buying up GE and F in the hopes new electric vehicles will launch successfully and lead to strong sales. If you are a believer, then maybe go for it. I prefer looking at past performance and current trends rather than speculating on future events that might happen. Just my style though!
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Yep! I am going to hit 40,000 subs the first week in March!
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Haha! Thanks Ron!
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Thanks Nick! I'll for sure make a video explaining my tax bill at the end of the year, but I do cover taxes on swing trading in this video. https://youtu.be/z_FEsms4jdw
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He probably bought in with a limit order over a couple weeks.
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Hey Justin! Airbnb just had their IPO and after looking at IPOs in general, I don't have an interest in investing in them during Year 1. You might want to check out my video on this topic: https://youtu.be/pyZ8AAJBkS4
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If you sold VTI/SWSTX for long term capitol gains, then we can assume 15%. If I am in the 22% marginal tax bracket on my net gains... then the difference is just 7% (lost to taxes). I need to outperform the index by 7% to make this worth it this year, lol.
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Hey David! I've tried StreetSmart Edge, but it just feels like more than I need for this challenge and I don't want to intimidate people are scare them away with the advanced interface. I'm trying to keep things simple so people of any level can follow. Cheers!
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Hey Stan! People are just chasing gains, and the Mega Caps already went up huge last year, so people are speculating in the small caps. It won't last, and the small caps will crash at some point this year. The market is just flooded with money right now.
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Since Verizon is a defensive dividend stock, I actually am expecting it to shoot up on days the rest of the market is down. It's a counterweight stock.
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Haha, some of the videos I see of other financial YouTubers make horrify me. The push penny stocks with no fundamental analysis, entirely based on hype that never sustains itself. Cheers Luke!
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Thanks Gloria! Cheers!
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Thanks Chris! I appreciate the support! Cheers!
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Thanks Will! Cheers!
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Thanks so much Benjamin! I would greatly appreciate that!
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Sounds like a solid plan to me Russell!
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He's been investing for 50+ years and has beaten the S&P for probably 90% of that time... The best baseball players in the world don't get on base EVERY at bat.
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Hey Hugo! Schwab is great, go with them. As for their robo advisor, I think you can handle buying your own mutual funds and index funds. Just open a brokerage account and do it yourself. It's not that complicated!
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Thanks Blake! I'm having fun for sure!
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