Comments by "" (@mrpmj00) on "Graham Stephan" channel.

.The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Microsoft
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Exactly why I invest in the stock market instead of being a landlord.
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lmao, that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! -
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If someone wants to buy my house or car and wants to pay me with bitcoin, I'd say GO AWAY and don't come back until you bring cash or a cashier's check.
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FAANG stocks (Facebook, Apple, Amazon, Microsoft) Netflix, and Intel, Zoom, ... ___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron, DOW, SIEGY for the recovery. Warren buffet quotes: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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Biggest risk is not investing in stocks, and sitting on the sidelines and complaining! I bought these on the dips in the last few days. Amazon Facebook Apple Microsoft
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Every Tesla exported out of China is equipped with the Coronavirus.
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These hedge guys or people who missed out are trying to get us retail investors to sell so they can swoop in and buy for cheap. NO, I'm NOT selling! The longer those who choose to stay on the sidelines will pay even higher a year from now.
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Life is short, u can die tomorrow due to an illness (heart attack, cancer, etc.) or accident. Enjoy buying things and experiences with your family before they're gone or all grown up with complicated lives far away from you. That's NOT a life. When you're old, you want to look back on your life and will a piece of you live on: getting married, having kids and watching them grow up, then watching grandkids. Having fun with toys like cars and boats and Starbucks with family.
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lol, you're too young to give advice kiddo. You should be having fun with girls like my son who's about your age.
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The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Microsoft
2
I looked into HSBC bank because they pay very high savings interest. HOWEVER, this is a Chinese company and I don't trust commies as that is HIGHLY RISKY (I also don't want to make China stronger than the U.S.). https://en.wikipedia.org/wiki/HSBC_Bank_(China) No thanks, I'll stick with Wells Fargo...and for those who are about to comment on Wells Fargo's past actions, WF paid a $3 billion dollar fine so and is heavily scrutinized so it is the safest so as not to make any mistakes (it's all new management since the scandal anyway).
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I looked into HSBC bank because they pay very high savings interest. HOWEVER, this is a Chinese company and I don't trust commies as that is HIGHLY RISKY (I also don't want to make China stronger than the U.S.). https://en.wikipedia.org/wiki/HSBC_Bank_(China) No thanks, I'll stick with Wells Fargo (so convenient with the most ATM locations) ...and for those who are about to comment on Wells Fargo's past actions, WF paid a $3 billion dollar fine and is heavily scrutinized so it is the safest so as not to make any mistakes (it's all new management since the scandal anyway).
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@tylerm2676 I repeat: that's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term!
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No crash negative Nancy. Buy no brainer bullet proof companies..cash rich: I bought Facebook, Microsoft, Apple, Google, Adobe, Wells Fargo, Twitter, eBay, Netflix, CRM, Home Depot, Lowe's TRUST THE PROCESS. The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward. Cash is trash, it loses to inflation. 100% sure that the market will go up. Think about it, who would lend out their money and accept risk yet not get a return? If the Fed had not stepped in, then every investor would rather keep their money and not lend it out, which would crash the country and we'd have 100% unemployment. There's a lot of money on the sidelines, and new 401K money
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If someone wants to buy my house or car and wants to pay me with bitcoin, I'd say GO AWAY and don't come back until you bring cash or a cashier's check.
1
....The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Microsoft
1
lol, yesterday's news said 1/5 of renters defaulted.
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lmao, NO crash coming. I bought Facebook, , Apple, , Adobe, Alteryx, Wells Fargo. TRUST THE PROCESS. The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward. Cash is trash, it loses to inflation. 100% sure that the market will go up. Think about it, who would lend out their money and accept risk yet not get a return? If the Fed had not stepped in, then every investor would rather keep their money and not lend it out, which would crash the country and we'd have 100% unemployment. There's a lot of money on the sidelines, there's also new 401K money coming in every day. These hedge guys or people who missed out are trying to get us retail investors to sell so they can swoop in and buy for cheap. NO, I'm NOT selling! The longer those who choose to stay on the sidelines will pay even higher a year from now. I'm up +10% in the last hour Friday thanks to Apple and Facebook.
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Buy no brainer bullet proof cash rich companies: I bought Apple, Facebook, Microsoft, Google, Wells Fargo, eBay, Netflix, Home Depot, Lowe's, Intel TRUST THE PROCESS. The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward. Cash is trash, it loses to inflation. There's a lot of money on the sidelines, and new 401K money
1
I bought Facebook, Microsoft, Apple, Google, Adobe, Wells Fargo, Twitter, eBay, Netflix, CRM, Home Depot, Lowe's Stocks are better investments than realestate. 1. REALESTATE: Let's say you bought an average home $250k with 20% down which is $50k+ $7k closing costs (usuallly 2%-5% of loan so let's use 3.5%) . house + 3% appreciation = $257,500. Less 6% sales commission , 3.5% closing costs, offering a home warranty = $231,750. Now subtract the $199k loan ($200k - $1k towards the principal) and your profit is $32,750. So, you actually lost money because you brought $57k to the table but now you only got $32,750 net sale, so you lost -$24,250. And I didn't even include these profit killers: property taxes, insurance, fixup costs (termite spray, new paint, new carpet, fix roof, fix heatpump/air conditioner, pool equipment, pool remodel). 2. STOCKS: $57k invested and the previous 12 months returned 9% which is a profit of $5,130. --------------------------
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Life is short, u can die tomorrow due to an illness (heart attack, cancer, etc.) or accident. Enjoy buying things and experiences with your family before they're gone or all grown up with complicated lives far away from you. That's NOT a life. When you're old, you want to look back on your life and will a piece of you live on: getting married, having kids and watching them grow up, then watching grandkids. Having fun with toys like cars and boats and Starbucks with family.
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lol, yesterday's news said 1/5 of renters defaulted.
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There is NEVER a cure for a flu, it just needs to be controlled like HIV from turning into AIDS, and the market will skyrocket.
1
If someone wants to buy my house or car and wants to pay me with bitcoin, I'd say GO AWAY and don't come back until you bring cash or a cashier's check.
1
no crash coming. Buy no brainer bullet proof cash rich companies: I bought Facebook, Microsoft, Apple, Google, Wells Fargo, eBay, Netflix, Home Depot, Lowe's, Walmart TRUST THE PROCESS. The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward. Cash is trash, it loses to inflation. 100% sure that the market will go up. Think about it, who would lend out their money and accept risk yet not get a return? If the Fed had not stepped in, then every investor would rather keep their money and not lend it out, which would crash the country and we'd have 100% unemployment. There's a lot of money on the sidelines, and new 401K money
1
QUESTION: where is your $10k profit coming from because you have to pay the mortgage and maintenance? Not to mention a landlord needs to keep cash on hand in case there's no tenant (that's an opportunity cost that money could have been used to grow elsewhere). Most people are NOT realtors so they have to incur a commission when selling unlike you who gets to keep half that. When it's time to sell a house, it's going to cost you 10% in commissions and paperwork and more for a 1year insurance and fixing repairs found during an inspection and termite spray. 1. Assume the house did NOT appreciate: a. Selling a $100k house (bought with a loan) means a loss of -$13k ($3k interest - $10k comission/paperwork). Multiplied by 3 rentals: -$40k loss. b. Selling a $100k house (bought with cash) means a loss of -$9350 ($0 interest - $10k comission/paperwork). Multiplied by 3 rentals: -$28k loss. c. COMPARE TO the STOCK MARKET: $100K + 0% growth = $0 profit. 2. Assume the house appreciated 4% (average is 3-5%): https://www.zillow.com/research/zillow-home-value-appreciation-5235/ a. Selling a $100k house (bought with a loan) means a loss of -$9350 ($4k profit - $3350 interest - $10k comission/paperwork). Multiplied by 3 rentals: -$28k loss. b. Selling a $100k house (bought with cash) means a loss of -$6k ($4k profit - $0 interest - $10k comission/paperwork). Multiplied by 3 rentals: -$18k loss. c. COMPARE TO the STOCK MARKET (average 8% return): $100K + 8% growth = $8k profit.
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Get to the point please.
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The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Microsoft
1
What's the point of life without delicious coffee?
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You're ironic. You bought a Tesla yet you want taxes to fix street poholes....it would had you bought an ICE car in which the fuel tax pays for street maintenance.
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lol, yesterday's news said 1/5 of renters defaulted.
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That's NOT a life. When you're old, you want to look back on your life and will a piece of you live on: getting married, having kids and watching them grow up, then watching grandkids. Having fun with toys like cars and boats and Starbucks with family.
1
As a successful stock market investor who grew up poor, I just CAN'T get myself to buy Tesla for the following reasons (Yes, I've test driven the Model 3): PRODUCT: I have driven the Model 3....it sucks. large turning radius, stupid center console with tiny fonts, stiff ride, heavy steering wheel, noisy interior, no Apple Carplay, higher car insurance, longer bodyshop times, long charging lines, autopilot that kills the driver and pedestriains, spontaneously combusted car in parking garages, out of the way trips to the charging station, no cupholders in the back seats, should I go on? INVESTMENT: - I don't trust ELon Musk, he purposely said Tesla is overvalued to cause the stock to drop so he'd paid less taxes on his bonus. He does not care about what happens to stockholders. - China dropped the tax incentive. - European sales down -90% https://eu-evs.com/pivot.html - As of 5/1/2020, Tesla sales plunged -97% and 71% were to low margin fleet: https://finance.yahoo.com/news/uber-drivers-riders-required-wear-203750039.html - There's no future to own cars (EV or ICE) because today's teleportation is in the form of wfh - Fake accounting profits through manipulating the numbers game. - Fremont and Shanghai plants are closed.
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I've bought Facebook, Microsoft, , Google, Apple, , Adobe, Wells Fargo. Stocks are better investments than realestate. 1. REALESTATE: Let's say you bought an average home $250k with 20% down which is $50k+ $7k closing costs (usuallly 2%-5% of loan so let's use 3.5%) . house + 3% appreciation = $257,500. Less 6% sales commission , 3.5% closing costs, offering a home warranty =$231,750. Now subtract the $199k loan ($200k - $1k towards the principal) and your profit is $32,750. So, you actually lost money because you brought $57k to the table but now you only got $32,750 net sale, so you lost -$24,250. And I didn't even include these profit killers: property taxes, insurance, fixup costs (termite spray, new paint, new carpet, fix roof, fix heatpump/air conditioner, pool equipment, pool remodel). 2. STOCKS: $57k invested and the previous 12 months returned 9% which is a profit of $5,130.
1
I have driven the Model 3....it sucks. large turning radius, stupid center console with tiny fonts, stiff ride, heavy steering wheel, noisy interior, no Apple Carplay, higher car insurance, longer bodyshop times, long charging lines, autopilot that kills the driver and pedestriains, spontaneously combusted car in parking garages, out of the way trips to the charging station, no cupholders in the back seats, should I go on?
1