Comments by "Jim my" (@chowsquid) on "The Plain Bagel" channel.

  1. So the key to raising billions for your startup is to have out of control hair, walk around bare foot, play LoL on calls, and promise world changing plans…..and also the children….of course it’s all for the children.
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  2. That won’t get you on the jo Rogan show or views
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  3. It’s simply so they can have this fight every year. Just like china’s most favored nation status back in the 2000s. It’s non debatable but it was brought up to debate regardless.
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  4. Also helps in a low interest rate environment. I wonder how flippers do now with high interest rates, dropping prices and low housing stock and no buyers.
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  5. Most people can’t do/handle nuance. Some people are counting on that deficiency
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  6. Imagine him going to his HS reunion before 2019 and then after. Probably the school weirdo that’s most likely to sell weed but then end up being WeWork CEO ….a different kind of weed
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  7. All they really need to do is cater to their customers. The people want ESG flavored funds, make some ESG flavor funds. If people want non-gmo organic guns and ammo makers that like square dancing, then make a non-gmo organic guns and ammo makers that like square dancing fund.
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  8. Most of those book’s formula is to project that the author had low skill, lay off, loser/cab driver,etc. and then tell them how he beat all his smarter richer friends. Basically ready made for the audience.😊
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  9. 6:44 why isn’t the Plain Bagel also a tech company? Your valuation could 10x. Add-in mentions of AI as well.
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  10.  @jaybinning2890  savings rate is at 3.3% now
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  11. Yup. Even buffet says you are buying the future stream of div income….but that future could be 10 or 25yrs out. The reinvestment and buybacks just makes your div share in the future bigger.
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  12. What about taxes?😂
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  13. Kneel before your overlord…..the almighty index fund….the laziest fund ever created….sleeps til noon and shows up for work once a quarter…maybe.
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  14. All they have to do is make ESG and non ESG funds, coke vs Pepsi funds, Canada vs USA, ford vs Chevy funds and let them vote with their money. Meanwhile blk gets all the fees.
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  15. But in that scenario, the bad decision already tanked the stock price, so your investment lost a lot of value even tho your div current isn’t affected….yet.
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  16. I think is based off of how Hong Kong did their real estate. You can only do this if there too much demand. If the US/ Canada has too much demand, you would see the same thing. The sellers would be in control.
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  17. You can do the same by selling shares
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  18. May work for a startup, but can’t imagine any company with HR dept would risk having employees party and drink during work hours. Even the perception of possible parties.
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  19. I think Canada just needs a group of couple hundred folks to just decide to build a new town out further and make that the new city. Two major cities can’t have all the fun.
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  20. Or look at Hong Kong
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  21. Most of it isn’t even actively managed. So literally taking a fee to do almost nothing
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  22. I think ceo comp is largely counting on shareholder indifference
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  23.  @grimaffiliations3671  bingo. This was left out in the video. It’s the combo of all these things. Reserved currency. Debt denominated in your own currency. Have diversified industries. Have exportable natural resources. And having friendly top economies.
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  24. Yup…you leveled up as an investor. And you can level up some more with tax loss harvesting. And carryover. Which with div, you can’t. Div is fine in a locked up account like IRA or 401K or HSA.
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  25. And the guy that sold/will sell that house can pay cash offer for another bid up house in Vancouver so this house trickles down the higher cost to surrounding areas. And repeat…..
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  26. 4:45 this pocket-izing / recharacterizing profit or money makes as much sense as envelope stuffing or Christmas club savings account. It can make sense to some people even though it can be irrelevant
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  27. You can pretty much say the same for most office buildings. Most medical offices look the same. No lobby. Elevator…hallways of offices…
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  28. If you want full reserve banking,then you’ll basically have to pay the bank money to hold your money. And you can forget about any interest. Basically you’re paying for a large safe deposit box. No free coffee or donuts either….or bagel
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  29. Some people like coke, some like Pepsi.
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  30. With div, you maintain position of a smaller less valuable company. With no div and cash out, you own less of a now larger more valuable company.
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  31. You own the same % of a now smaller company
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  32.  @Endeva09  you sure can. Every blog, article nowadays keep rewriting these secrets…..pay off your debt, then invest the money…there you go. Free of charge.
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  33. 13:51 here. Banks actually make money when rates rise.🎉🎉🎉
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  34. If people want to conspiracy on puppet masters, they should look more at all the pension funds and sovereign funds.
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  35. The value of the company continues to grow. So you will sell less and less of your shares for the same amount of cash.
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  36. Good to know google can translate from Canadian to English 👍🏻
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  37. Ummm,,,,how’s bout masayoshi son?
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  38. I think you mean the “r” has a “y” sound in Chinese.
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  39. 3:02 you keep advertising your plain bagel shoppe has $1,000,000, you gonna get robbed
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  40. Your not implying those people have a hidden agenda right? 😢
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  41. It essentially says to you, we’ve got nothin’. You do it. Essentially like a bond. Or royalty payments.
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  42. How about an NFT of a wewerk stock certificate?
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  43. Is holding up a sign on an off ramp passive? Standing there and holding is technically active, but that’s pretty much it.
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  44. It’s mostly B) since it’s the S&P 500 or Russell or JacobFWells top 50 bestest index.
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  45. So really, your neighborhood outrager should start outraging on S&P and how it controls the word by making a favorites play list…. The most dangerous controlling list of all time.
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  46.  @hommhommhomm  the market an stay irrational longer than you can stay solvent - some guy
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  47. Yes…but that is WHY I have no savings…the conspiring puppet masters that’s killing my job…
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  48. And FRC misread the Fed raising interest rate at the rate they raised interest rates. When you lose a game, the every missed free throw was crucial. Every TO, every foul. When you win the game, every missed free throw was not important, every foul was needed and every fart you made turned the tide in your favor.
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  49. Now that you bring up 0%. Relatively, div stocks got a boost because of situation you mentioned during 0% years. But now that interest rates are 5%, some of those same fans of div stocks can now buy CDs or savings accounts or bonds instead. This can put pressure on div stocks as it’s no longer the only game in town for yields. So your div may stay the same, but the div stock price could tick down as rates rise.
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  50. You are thinking yield vs the actual dividend. Yield is based on the stock price….like if you bought it right then
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  51. Like talking on YouTube….or the jo rogon show
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  52. If the stock bounces back, you look like a genius. If the stock continues to tank, you look like a criminal.😂
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  53. That last part. Forced to. I think part of FIRE is you can continue doing what you dream of without a boss or some profit motivation.
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  54. Even with dollar denominated debt, you can still have a debit crisis if you want. You are thinking the congress and executive branch is rational. We could have an irrational congress and executive branch that just refuse to pay the debt and just go golfing…. you guys deal with it.⛳️🏌️
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  55. Seems all FIRE always involve a blog or channel or both.
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  56. Basically
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  57. Why are you buying the stock of a company’s mgmt you don’t trust? That is like the most important factor when buffet buys a company. You’re buying the mgmt as much as the company.
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  58. As much “growth” as my reinvested savings account or CD.
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  59. And 10yrs from now you gonna say….milkspit…..$31Tril??… you made me get off my chair for $31T??
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  60. If you look at AAPL’s numbers, it is just so unfair compared against any other stock.
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  61. The company behind that stock hopefully has something of value that can generate value at a rate satisfactory to the investors. That’s why the stock is the price it is. The price of plain bagel shoppe stock is that price because it can reliably sell X many bagels for Y profit with Z amount of potential growth. If you think those XYZ is not attainable or maintainable, you would price the stock lower.
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  62.  @Sidious6460  you can turn a tax deferred into a tax free in some situations. 401k as an example. It’s tax free on withdrawals after 50.5 if your withdraw is below your standard deduction. Just need to withdraw strategically.
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  63. Obviously it’s when the bagel state is plain & simple.
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  64. It’s a conspiracy theory if you believe there a conspiracy theory. ❌🗂
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  65. Ummm….bitcoin? NFT?
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  66. Now you understand how to make the big bucks in social media
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  67. Is share count matters to you, sure
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  68. Freaking freak. Why did these people buy 10+ yr bonds? So greedy
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  69. That 0% div and holding thru hard times with nothing in the meantime is basically all small growth companies. So requiring divs basically locks yourself out of most AAPL, Goog, Netflix, Amazon when they where young. Goog and nflx still don’t pay a div.
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  70. It’s like a bank account you can live in but can’t withdrawal from
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  71. I bet much of Vancouver is from Chinese/Hong Kong families selling/moving cash into Canada housing.
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  72. You get a div of $500…..the equivalent is sell $500 of stock….not sell 5 shares or 50 shares. If your div is 5%….you’re just selling 5% of the total value of your stock, not 5% of your shares ( unless your total value is $100)
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  73. If you can’t sell fractional or you have very small number of shares, then this will be harder to manage. But Richard’s audience is multi millionaires so, not relevant 😂
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  74. The US wouldn’t be affected on current debt/bonds. That’s the problem for the debt holder….suckers!!!😂😂 But it would affect future US borrowing…😢 Btw, US also a holder of current US debt.
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  75. That’s a good question that wasn’t addressed. The world needs bonds like US treasuries. If US has no debt, all that money still has to buy something. It could go to japan’s debts or Swiss like it did last time driving up Swiss francs or….corp debt🤷‍♀️
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  76. That’s how I bonds work
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  77. You can always say they are a puppet master because they push ESG or XYZ initiatives. As well as if they don’t push ESG or XYZ initiatives….thus blocking your interested agenda. What they really need is pass through voting (continue to expand that) or make new ESG XYZ designated funds….because that’s what people want. Then everyone can be their own puppet master🎉
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  78. A company can be sold before it ever pays a dividend. And the share of profit from the sale is the shareholder’s.
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  79. Question is why are people investing in badly run companies regardless of divs
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  80. Depends on who is president and the treasury secretary
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  81. Wait for that Carl Icahn mention😂
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  82. A lot less mortgages doled out. Basically economy grinds to a halt. Please, please don’t be like India.
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  83. Thus you also won’t have rocketing companies because mgmt is forced to be conservative. Perhaps too conservative. Against highly flexible competitors that has boat loads of cash and doesn’t need to borrow during high interest times or pandemic shutdowns Why bind yourself for no reason? Unless you don’t trust the mgmt…..which then why are you investing with that company in the first place?
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  84. He likes owning div stocks but his Berkshire didn’t pay a div for a very long time. That’s how you get to $500,000 a share of brk.
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  85. Not sure goog is a good example here…..Internet balloons, googles no one bought….lots of secret moon shot project by the founders spending any amount of cash they want. No one’s gonna say no to Sergey or Larry.
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  86. Sell some shares
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  87. It’s mostly how buffet explains it.
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  88. In that case, might as well buy an annuity
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