Great analogy!

That’s what it IS

That's why I just kept buying blockbuster

Exactly

I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. Thanks for sharing!!

Nah, holding good-quality companies will do fine over time and stay invested no matter the macro environment. Bond hasn't done well since 2021 because rate goes up, value of the bond goes down.

On occasion you can beat the market with blind luck, but I wouldn't depend on it. Having a science background there is a saying, 'Luck favors the informed', I've found it to be true, allowed me in great part to retire early

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance.

ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

I appreciate this share. I set up a call. I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.

Lol literally read this as he said it

Basically.. don't sell in the red

So save more money.

Jan Norris Buy gold and silver ! ;3

He means wait. when the stocks are going up it has to dip at some point you dont know how big the dip is or when it will fix its self but as it goes down 1st day end of day buy may have second dip. buy second dip day as there is only one sertainty the market will always go up he said so buying an up is wrong take the suffering in dip or get good at rope a dope.

Which is everyone who can afford an iPhone and is smart enough not to buy one.

It doesn’t take much. $50-$100 a month adds up over time.

Ahmed Khader not with 100$, commissions would eat up your capital if you buy individual stocks. Find a broker with 0 commission on funds and buy monthly

Panagiotis Tamvakeras If you still think commission will eat you up, you dont deserve to be rich. There are so many platform out there that offers free commission on stock purchases ie Robinhood. Stop making excuses and find a solution. This is the information age after all.

$100 a month is dumb. save up and do a lump sum investment. dollar averaging is proven to make less in the long run.

Panagiotis Tamvakeras wrong Robinhood is free to buy and sell

Use the Robinhood trading app, no commissions

Yup He knows to buy and hold same as cryptos. buy deep dips and hold long term

That doesn't apply to cryptos because cryptos are for speculation. With cryptos, he wouldn't touch them at all.

You can apply his methods to cryptos and real estate. Long term holding and rebalancing your allocations have served well over decades

He holds stocks but doesn’t “HODL” crypto since he knows crypto has zero intrinsic value

​@@USAhealthInsReform eliminates intermediates and give u unconfiscable value

Michael Hinchey 😂 😅😅😅

Lmao

Bella Rose beauty and brains

That would have really worked out with $HMNY

@@jerome8601 bro. I hope you're being sarcastic

That works with some companies who have a great vision right like Tesla

i have a question, when the stock price goes up is it a good time to buy or not? (student here)

The problem over the last two years is that there was no dip. I had so many out-of-the-money buy orders languish on me.

@@Bill-qu6gt just wait more... You don't always have to buy every second.

Steam Punkster Rebalancing and dividend reinvestments.

Long term investment for 10 years

Woah, calm down mamacita

Waldorf and Statler

You only lose money if you sell though

@@ThahnG413 Yes, but "never" selling is a so so strategy to avoid losses if you ask me.

@@martina5328 I disagree as the market is always in a cycle if you simply hold good quality companies you will see growth over time

@@ThahnG413 I think that is a valid point. But still, at some point, you need at least the option to take money out - if you want to buy a product, a house, or something else. Even Warren holds a lot of cash I hear, he got the cash from selling something? (Cash is trash according to Dalio..).

@@martina5328 I wouldn't take stock money out to buy a house unless it was a house I was renting out because you'd be better off slowly paying it off and getting percent gains from stocks

John F Me no millennial. Me no Americano. Me no socialist. Me just lazy.

We have had pandemics before

oh yeah, lizard people confirmed lol

Unfortuantely property prices are so inflated where I live that nobody could buy a decent house for less than around £800,000 - which is well beyond what a salary can deliver.

This is a joke right?

its not foolish

Buffet was cash heavy in 2008 and sachs turned to buffet and had to offer a great deal and high interest plus dividend to buffet everyone was stuck in the markets buffet was cadh heavy and Berkshire is still cash heavy. Sachs needed the help anf warren was unsure do to the last banker deal with Solomon.

M Chowe It is foolish, since it's speculation. Buying and holding is the way to go.

It is foolish to drive a vehicle as there is some risked posed of a drunk driver ending your life. The idea that you won't die is speculation. I know of plenty of day and swing traders who have consistently made money over 10+ years.

Warren is a long term investor. His model is simple really. It's not geared towards buying and selling to get fast cash. It looks more like this --> Coca-Cola $45.00/share buy 100 shares. Price drops to $44.00/share over the course of 3 months buy 100 more shares. Price rises to $46.00 over the course of a month buy 50 more shares. HOLD HOLD HOLD and keep buying more shares as time goes on averaging down if necessary and averaging up slightly when the price increases. As he keeps doing this his position(number of shares he owns) keeps increasing and any money he makes he puts a portion towards buying more Coca-Cola shares. Over the next 70 years his position will look something like 500,000 shares and the price of Coca-Cola will be around $250/share his profit will be enormous. He's a holder and because he has a ton of money he can buy millions of shares at once. For people like you and me we would need our whole lifetime to crack a few hundred thousand in profits. Which if we teach our kids to do the same thing and not squander it they should be able to make a few million in their lifetimes. They teach their kids and now the real money starts flowing because the more money you have the more money you can make.

@@murcielagosv9244 Thanks. How much would he earn buying 50/100 shares a go after say 30 years? How much would you earn in dividends over that time?

Why not

Dont know looks like some oldie

Anthony Ahearn Maybe you take a huge hit because you don't know what you are doing. Everyone I know have done fine with investments. I'm a small average investor and feel better when stocks go down as well. That's why my 401k is over 1.4 million and Roth IRA is $800k. Interest,dividends,and compounding along with contributing does wonders. Just this week alone my Oneok and a couple of REITs paid out over $6k in reinvested dividends.

@@blackworldtraveler3711 nope it's not a huge hit, it's a hugh hit

He said that he enjoys it every day, not by buying and selling stocks frequently, but by discovering and buying wonderful businesses.

He has a private jet, he travels all the time

Define “enjoy”. Money means nothing to him, he enjoys his work

Jonathan Quintana Liar... if anything he bailed out Goldman Sachs.

WRONG..They called Buffet, not the other way around!

intx123 no he doesnt. Its all invested.

intx123 cash used to be $20 billion. Because the tax reform, it's now $160 billion. I was just at the shareholder meeting.

He never got bailed out. Companies called him to get bailed out

I see exactly what you are saying, but 80 billion in net worth is not the same as having 80 billion in cash. Most of that 80 billion is hard at work making more money while simultaneously paying workers wages. If he were to give away 40 billion of his worth it would no doubt help many people but it would also cost many workers their jobs.

Warren Buffett is giving away 90% of his wealth when he dies. He and Bill Gates have teamed up to channel their wealth for charity. By the way, the market goes up over a persons life time. If a person invests in stable dividend paying stocks they won't be bothered by market corrections because their wealth will still be worth so much more than if they had not have invested it. Not to mention the huge buying opportunities that become available during a large correction that they can apply their dividend cash towards and income savings.

he already plans on donating his fortune to help others after his death not split it up for family. So yea he's doing that.

Do you follow Buffet at all? He's one of the biggest philanthropists in history, educate yourself.

Chad Gammon You did not get my point. I never said he’s not a philanthropist. My point is do you really need $80 billion? I know you’re simpleminded but try to grasp the point.