Why I Took Physical Delivery of My Tesla Stock Certificates

Why I Took Physical Delivery of My Tesla Stock Certificates | Mike Maloney

Рет қаралды 20,116

Ай бұрын

Link to the video that Mike mentions: • THE GREAT TAKING - "If...
Join Mike Maloney in this revealing video as he shares his personal journey of taking physical delivery of his Tesla stock certificates. Delve into his concerns about the financial system's complexities and the potential implications for investors. Discover the intricate process he navigated, from contacting brokers to finally holding tangible assets. Gain insights into why Maloney emphasizes the importance of physical stock certificates in today's digital age. Watch now and reconsider the nature of your brokerage account.
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Пікірлер: 167

@Goldsilver Ай бұрын

Watch this video for more information and context: kzfaq.info/get/bejne/hdN8aqlkmb-nqGQ.htmlfeature=shared Best of luck everyone.

@alby13 Ай бұрын

Watching your new video!

@jungle1776 Ай бұрын

You could have just transferred to the transfer agent then asked them for physical copies. The transfer agent wouldn't have given you a problem. We learned this because of GameStop.

@bbop8869 Ай бұрын

Sorry to hear about your mom. RIP Mrs Maloney...you raised a great son

@yanivpete Ай бұрын

"Why would they put all these rules in place if they don't intend on using them sometime?" Great question.

@kevinw9073 Ай бұрын

Fascinating! Goes back to the old expression, "if you don't hold it, you don't' own it."

@andyirons7162 3 күн бұрын

Mike been reading The Great Taking

@spaulj6767 Ай бұрын

Mike, sorry to hear about your Mom. I know she is very proud of how many people you have helped along the way.

@Goldsilver Ай бұрын

Thank you

@morientz Ай бұрын

My condolences for the loss of your mother.

@HOLO_FX Ай бұрын

1:44 condolences 😢

@alby13 Ай бұрын

i like the idea of owning my stock certificates

@derrickcummings3568 Ай бұрын

There’s actually a lot of drawbacks to owning physical certificates. Companies go bankrupt, get purchased or go through splits all the time. Name changes through marriage, death, divorce are all cumbersome. Many certificates get lost or forgotten about over generations.

@JFEnterprize Ай бұрын

@@derrickcummings3568and how is it to turn them in? 😮be it sell or transfer. Would prob go over as well as when I try and pay with $2 bills 😂😂😂

@ownsilver Ай бұрын

Very nice, we need more people to do this

@SRK12ka5 Ай бұрын

Videos like this reminded me why I first started reading Mike’s book and watching his videos 5 years ago

@theinflationsituation8870 Ай бұрын

You the man, Mike!! You've got lots of little knowledge nuggets. Thank you, sir!

@georgeorwell3501 Ай бұрын

Great work Mike. You are the first person in the world who has acquired the actual stock certificates. Well done. You are showing us we can beat these demons.

@kurtengel6029 Ай бұрын

Really, how do you think people held stock before the inter web

@georgeorwell3501 Ай бұрын

@@kurtengel6029 I know everyone used to get the actual stock certificates. Not any more. If you don’t hold it you don’t own it

@corneliusoliver7984 Ай бұрын

Mike. Good morning! I have a stock certificate from Scwab from the mid 90's. I was young and had little, but remember sending in certificates when selling and receiving them when purchasing. I asked them the same question last year and was discouraged from pursuing. Thank you for that information.

@thefireman2854 Ай бұрын

Condolences to you and your family mike. Prayers.

@bcdinvestmentgroupinc4788 Ай бұрын

Great insight. I saw Bill Holter mention this 6 months ago on Palisades Gold Radio.

@TheItalianPepe Ай бұрын

Never knew stocks had actual certificates. Thanks for sharing!

@derrickcummings3568 Ай бұрын

You didn’t sell the stock, you just took delivery. They transferred your shares to the transfer agent who keeps record of all shareholders and is the only party that can issue physical shares. Each company has a transfer agent and while uncommon now, has been the same process for a long time.

@marcosmejia7597 Ай бұрын

thank you mike for your yours of hard work.

@eastsidaproduct Ай бұрын

Thanks, Mike.

@David-xk8hb Ай бұрын

Thanks Mike for the helpful information. Would this also apply to gold ETFs like GLD, and gold miner ETFs like GDX and others?

@nickjensen345 Ай бұрын

Please make a detailed video about the process! I may want to do this with some of my long term positions!

@eddie90023 Ай бұрын

Sorry to hear about your loss Mike

@josephdejak8145 Ай бұрын

Your mom would be proud of you and what you are doing you really woke me up about hidden secrets of money when i watched that 2 year ago. It is really about preserving your wealth than rather trying to get rich quick.

@Ohnpro Ай бұрын

It’s far easier to own the certificate then people think. If you purchase your shares directly via share owner online or computer share you can request your certificates for big name companies like Coke Ford ect. Very easy and very worth while!

@MrMilanoLau Ай бұрын

I read the book and have the following questions. I would like to listen to other people's views. 1. Can transferring financial assets to DRS prevent the taking? Is DRS as good as holding stock certificates in your hands? 2. Even though I could prevent the banksters from taking away my stocks, would it be possible to prevent them from taking away the assets of the companies I "owned"? If not, should I own stocks at all? 3. The banksters can legally take away everything when the whole system implodes. In a fiat money system, the Fed can print anytime they like. Under such an extreme circumstance, I cannot think of any excuses the Fed can come up and do not print. In theory, it should not be too difficult to plug any holes on financial institutions' account books. If there is a great taking, I believe it is more likely to be in the form of hyperinflation. 4. Now that the banksters' plan has been exposed, is it still possible for them to go on? More and more people know who they are. If everything in people's accounts were taken away, I suspect we might see guillotines, not pitchforks.

@ohjoshrules Ай бұрын

Could you make a detailed video on how to take delivery of your shares. I feel like if I know the whole process and fees and what the forms are needed to be filled out I can decide if I should do the same. If you already made a video about it could you send me the link. Thanks! Also my condolences for your loss.

@markliano6518 Ай бұрын

I used to invest in Gold, Silver, and crypto (BTC, ETH, LINK) but as bad as it’s getting- I’m just buying “Alpha Strategy” (from the book) consumables. Food, consumables (dry goods, shoes, car expendables), things I will need and consume, and land out the urban areas.

@aspensulphate Ай бұрын

I think it's a good idea, but I would not discount the usefulness of real money in the future, to purchase things that can't be stored up.

@NineteenEighty-Four Ай бұрын

Those will also start on fire 😂

@justinsmitley7619 Ай бұрын

Not when you put it in a fireproof safe or Fireproof bag

@bp5662 Ай бұрын

Premiering at 3:00AM huh? I'm guessing this is a Great Taking video. Might as well use those certificates for TP if the derivative system blows up.

@alby13 Ай бұрын

6am Eastern. New York. I think Mike is in that time zone now, but it looks like he hasn't had his coffee yet!

@daniellefrench Ай бұрын

Question: I understand the value of holding a certificate over the beneficiary ownership of holding digitally through a broker, but if this all plays out and the fiat currencies collapse, and all the stocks held through an exchange are taken as collateral, would that not cause a crash of the whole system, including the stock market and in that case, wouldn't your physical stock certificates also lose most of their value as well? Or would ownership of the digital stocks just transfer to the creditors and the stocks would maintain their value somehow? Any insight would be great- thanks so much!

@RatMother Ай бұрын

Is the Great Taking an American thing or is it worldwide and all stocks in the world? I am from Australia, can I take physical delivery of my stock holdings here?

@geoffdaly3991 Ай бұрын

supposing an event occcurs where stocks are taken as collateral by a trading house.. even if you are protected in your ownership.. the trading house will be liquidating massive ammounts of stocks that it has siezed from other holders and the value of your shares will be destroyed in GFC magnitude... would it therefore not be better to be out of stocks altogether as the only real way to avoid that type of scenario?

@arvidlinden5292 Ай бұрын

How do people know that there are not multiple iou's for every share the brokerage house owns?

@GroovyMisfit Ай бұрын

I am sorry to hear about your loss.

@jganun Ай бұрын

Is there a way to avoid the hassle and take delivery of share certificates at the point of purchase?

@briansimpson1009 Ай бұрын

Most interesting. However, if fiat currency is doomed, but one can get someone to sell the stock in the future then in what is one paid?

@user-sm5si7co5r Ай бұрын

I don't remember reading in the book, "The Great Taking", that taking stock ownership by certificate would protect an investor. I have most of my stocks in certificated form, or with the transfer agent if not available, and hope, like Mike, that will protect me but not sure? Does anyone know for sure?

@jimgilmore1219 Ай бұрын

100% correct Mile. The online brokerage companies are gambling websites just like those that gamble on racehorses. Who wins? Well, I never seen a Bookmaker gambling on horses lose in the long term.

@geffhome Ай бұрын

What about your pension? How do we “take possession” of that (as much as is possible)?

@oceanwonders Ай бұрын

As someone who does short-term trading, owning physical certificates doesn't really work... but the point is well taken.

@stephenpack2202 Ай бұрын

Can you retrieve a btc etf certificate as well from your brokerage???

@TheKlaus3001 Ай бұрын

How much did it cost,Mike ?

@RooneyShotbolt-fd5qm Ай бұрын

Do you think Weewu will pump before XRP?

@cockyhemi-123 Ай бұрын

That’s one hell of a backyard! Mine has nothing but a couple of dead trees and is the size of a postage stamp. Lol! I need to get some land. 🇺🇸

@TranDiep_LamAnh Ай бұрын

Clearing out all my Alts going into BTC and Weewu only, maybe a little BNB and SOL

@stephenpack2202 Ай бұрын

Sorry for your loss mike

@eugen-pr6lg Ай бұрын

Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..

@GerwigMcgraph Ай бұрын

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.

@ChabanPatches Ай бұрын

Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.

@GerwigMcgraph Ай бұрын

Sure! She interacts on what 's ~App using the digit below

@GerwigMcgraph Ай бұрын

*she's always active on Whats'akp*

@GerwigMcgraph Ай бұрын

*+130*

@josephstephenshedosky9120 Ай бұрын

I know why he's doing this but I've listened to some podcasts that imply that even this won't save you from the great taking

@silentbliss7666 Ай бұрын

Doing something is better than being a sitting duck

@WhatWeCallDollarsArentMoney Ай бұрын

Possible. If the old stock is made worthless. They are talking about every asset being tokenized. Digital only.

@tomcharlesworth1653 Ай бұрын

Can you give details of the podcasts?

@goldilocksminer8393 Ай бұрын

I disagree.

@philipjones9458 Ай бұрын

When I was actively buying shares 30 years ago in UK always had certificates sent to me. Regards Mike Chester UK.

@jackhydrazine1376 Ай бұрын

This would be good to do in case there is a major continental or global electrical outage due to EMP blast or a CME from our Sun.

@gittyupalice96 Ай бұрын

If that happens the best thing to invest in now, is BIC lighters, and water filters.

@postscript123 Ай бұрын

Does that work? I thought I heard David Webb say that it doesn't matter if you hold the certificate, banks still can use your stocks as collateral?

@rainerbauss 15 күн бұрын

Not in his documentary, here at 23:52 he gives an example that stocks used to be numbered paper certificate and are now fungible without any number... kzfaq.info/get/bejne/mtFjdLmUytjFhH0.htmlsi=t3Qb3CxuGGM2vIUj&t=1424

@postscript123 15 күн бұрын

Ok to clarify, the "stock certificate" that Mike got, doesn't have a number on it, so it doesn't mean anything. It's just the same representation of "stock ownership" that a person who holds it electronically in an online account? And all the shares are pooled still.

@stage274 Ай бұрын

At least your name is on it! Detonating ownership.

@andreavandekleut6379 Ай бұрын

notice all numbers will be the same because they all come from :"tesla " tesla has only 1 company number but your follow numbers might be inj succession , but the cusip is TESLA , all the same #'s

@TinoGomez-eh7cc Ай бұрын

Scary! You know sooner or later they can take it all from you if you leave yourself vulnerable. It makes you appreciate your physical holdings more.

@pox2468 Ай бұрын

What did it cost you to get the certificates? My brokerage wants to charge me.

@americaneconomist86 Ай бұрын

So question: what do you do, when you want to SELL this physical stock certificate again?

@TheKlaus3001 Ай бұрын

Condolences.

@Nickoeuh Ай бұрын

What happens if your certificate disappears like for a reason it burns? Can it be re-issued?

@silentbliss7666 Ай бұрын

Yes but the process is tedious and you have to pay alot of money to get the certificate replaced

@thefireman2854 Ай бұрын

@@silentbliss7666 *as long as computer share still has record of your account with them.

@saxonsmith1475 Ай бұрын

Can you still get a dividend if you take delivery??

@bbustin1747 Ай бұрын

Yeap they send you a paper check

@baigani0 Ай бұрын

Sell everything TSLA ticker

@marcopolotimetraveller Ай бұрын

Is Charles Schwab Uncle Klaus's brother?

@dan781781781 Ай бұрын

Tesla.. Come on Mike now...

@raoulml1 Ай бұрын

I say"No to stonks"

@aspensulphate Ай бұрын

What are "stonks"?

@summerbreeze5115 Ай бұрын

@@aspensulphatestocks

@thane816 21 күн бұрын

Doesn't it cost around $500 to get the paper certificates? I can't afford that

@HelloThere-nz9ld Ай бұрын

You mean you invest in other than Gold and Silver?

@JustStartingOut-nt8ve Ай бұрын

I just don't see any financial crisis happening anytime, soon. Perhaps 2027 or maybe around 2029, but I just don't see any financial crisis happening before 2027.

@nicknovkovic8728 Ай бұрын

I see it happening before the election in October…🤷🏽‍♂️

@Eric110612 Ай бұрын

Still with C. Schwab?

@mro2352 Ай бұрын

PMs are good but yield nothing. I believe in PMs but know that my actual retirement will need stocks or another yield producing asset. Problem with stocks is the fact that if you don’t or can’t demand delivery of your stock certificates they can lend them out from under you by using short selling and would cause problems in the event that the brokerage went under for whatever reason. After PMs I’ll be demanding stocks delivered wherever possible. If you don’t hold it, you don’t own it!

@marcopolotimetraveller Ай бұрын

Exchange your pm for stocks when Dow Jones : Gold = 1

@douglasanderson7301 Ай бұрын

Can't think of a better community to ask, what asset/investment is no one talking about lately? This is not some BS question. It is actually a question as a contrarian what counts as contrarian? It's tough to see though the fog of the internet- what is everybody ignoring?

@Golden.Silver.Conquistador Ай бұрын

Tbonds, commodities

@Canadian_Eh_I Ай бұрын

Bonds

@goldilocksminer8393 Ай бұрын

BTC held in a cold wallet. No one can take that.

@hampicklebssket Ай бұрын

How did you do that?

@search4wisdom Ай бұрын

Jesus Christ watch the video.

@silentbliss7666 Ай бұрын

Speak to your broker first

@hanifjamal7085 Ай бұрын

In the great depression up to 90% of common stock values were wiped out

@goldilocksminer8393 Ай бұрын

That' because the company failed, not because the shares were stolen to "bail-in" the brokerage.

@povarful Ай бұрын

I wouldn't even buy Tesla stock bro!!! Nobody wants EVs anymore.

@alby13 Ай бұрын

he sold 2/3rds of it, so he did well! smart investor!

@povarful Ай бұрын

@@alby13 oh well, those tech stocks will collapse big, and nobody will buy them. I guess did a right choice

@HOLO_FX Ай бұрын

That's your opinion

@povarful Ай бұрын

@@HOLO_FX absolutely, it did it move already in my opinion. Time to switch for something that nobody wants!

@philipjones9458 Ай бұрын

Absolutely

@TravelRN910 Ай бұрын

If you don't hold it, you don't own it.

@svenhinrichsen458 Ай бұрын

I would have sold them and bought Silver for the money...

@theroadsnearyou...5088 Ай бұрын

You can’t get your share certificates in the uk, well not for the plebs anyways!

@johnminor2496 Ай бұрын

T.D. Ameritrade wanted to charge me $495.00 for the delivery of my stock certificates. We the people are in real trouble.

@dariusztrocyszyn4971 Ай бұрын

aaaand many people will say: “omg, i got nothing”

@ryanpatterson9526 Ай бұрын

People are absolutely being led to (financial) slaughter!

@prashanthcherukuri6683 Ай бұрын

Wait what ? You own all your gold in stock certificates? And asking all to stack physical ?

@prashanthcherukuri6683 Ай бұрын

At 2:25 you said all your precious metal’s investments are in stock certificates?

@pausereflect5911 Ай бұрын

Sneaky people forever rigging the game surreptitiously in their favor. This has got to be illegal but they've got the law on their side by rigging that too.🤬 Everywhere you look there are scammers as people get more and more desperate!

@StockGenius152 Ай бұрын

Paranoia does run rampant among the gold bugs

@benoithemeryck8632 Ай бұрын

His mother died but he was disturbed by his stocks...

@kurtengel6029 Ай бұрын

Just put sell order in for 3x what you paid, for longest duration, then broker can't short them. certificate is just expensive TP. If sh@t hits the fan and banks close there doors like in Greece where are you cashing in that certificate? and for what worthless fiat currency, I thought this was the premise of your videos and books

@williamfarber6650 Ай бұрын

We aren’t living in a house of cards, we’re living in an imaginary house of cards. This is all very depressing. Next, try to hold your Bitcoin.

@indigosoundsstudio Ай бұрын

Sorry Mike, I completely disagree with you on any and all stocks. They are pieces of paper and are no different than fiat IOU’s…. That piece of paper/Tesla stock can be torn, burned, shredded like any other piece of crap paper. Try doing that to a piece of physical gold or silver. Stocks suck. Good luck redeeming that piece of paper for anything of real value.

@robhannum Ай бұрын

Tesla will fail.. sell.

@MichielVanKets Ай бұрын

what I want to know is why you own stocks of a fascist corporation ?!? do you won apple and microsoft as well ?!? I thought you had self respect

@bruceposch1449 Ай бұрын

I wondered how you wrote your comment? Did you use a chunk of charcoal on a piece of hide, then mail it with the Pony Express?

@goldilocksminer8393 Ай бұрын

What a thoughtless comment.

@AssfaultRode Ай бұрын

When my elderly parents cashed in their stocks in retirement, they had to jump through some extra hoops because they had the actual certificates instead of a pretend ownership. So it used to be common practice to own your own stocks