I'm sure all of us would like to get rich and we want to do that
as quickly and easily as possible.
If we're being honest with ourselves, that's the goal that
most people have investing in the stock market.
Today, we all want to grow wealth.
We all want to get rich around two years ago.
I uploaded my first video to YouTube, it was about my stock
portfolio and my plans on growing at over time, I continue
to do this every week, allowing others, to view my journey and
Building Wealth. My strategy was simple.
I invested in what I believed are.
Great companies and growing In industries that over time will
give good returns to their investors.
That is the slow track to wealth creation compounding money.
Steadily year after year by continually investing back into
quality stocks. That's what I've been preaching
on my channel and that's what I've been doing.
But what I've learned in recent months is that I've been doing
this all wrong. I've been doing it wrong.
The entire time I've been wasting years of time with this
strategy, a wave of new investors have entered the
market over the past year and they have the true way to build
wealth. Way is better, it's simpler,
it's faster and it's much easier, and it comes with zero
down side risk zero risk involved and they're kind enough
to share this advice with us. So in today's episode we're
going to review some of these new excellent strategies that
these new investors have found. Now this was first brought to my
attention by Bloomberg. Bloomberg is a well respected
Financial Journal. It says stocks Bitcoin and more
unusual ways Americans are planning to use their 600 dollar
stimmy. They're calling it a stemi.
That's I guess what? The kids are calling their
stimulus money. A stemi stimulus, checks will
provide a financial Lifeline to millions of Americans as they
real from the economic Devastation brought on by the
covid-19 pandemic, but some recipients have kept their jobs
in income and are able to cover the critical monthly expenses
such as rent utility bills and debt payments for them.
The six hundred dollar checks represent an opportunity to
boost their savings spend on non essential Goods or buy stocks
on. Tick-Tock We're Young investors
have turned for investment, advice videos on how to turn
your stimmy into, thousands of dollars are making the rounds.
Now if you're not familiar with Tick-Tock or you're one of the
few people in the world that hasn't downloaded the app, it's
one of the most viral video apps in the world being downloaded
over 1.5 billion times. That's a lot of downloads.
This is a company that has made Facebook a little bit nervous.
Now Tick-Tock has also become one of the centers of sharing
Financial advice and that's where we get in to this.
Way of investing. Now, the first video will look
at is one of the most popular on Twitter alone.
It has over 2 million views and has even more on Tick-Tock.
Just for some comparison over the past.
Two years, my most popular video has four hundred twenty five
thousand views. So getting two million views is
very impressive. There's a lot of people
listening to his advice, so let's go ahead and listen to
what he has to say. And I know trading sounds
intimidating. Here's my strategy in a
nutshell. I see a stock going up and I buy
it and I just watch it until it stops going up and then I sell
it. And I do.
That over and over and it pays for our whole lifestyle, I know
what you're thinking, why didn't I think of that?
That's such a simple strategy and he's able to pay for his
entire lifestyle with strategy as he said, he's paying for his
lifestyle. All he does is he looks for
stocks that are going up, he buys them and then he looks into
the future and before they go down he sells them.
It's a very simple strategy. Something that we can all learn
to do. Now, he also goes on to explain
the benefits of being able to do this and the freedom that it
gives them. So, let's go on and listen to
the Stuff this little Tick Tock if you're wondering how much you
can make doing this in this month, I turned about four
hundred and fourteen thousand and in this month I turned less
than 1000 into 20,000, look at these returns, he turned less
than $1000 into 20,000 with that, very simple strategy and
that's something that everybody can do.
It's that simple. I don't know why the whole world
hasn't been doing this up until now.
And honestly, my favorite part about this isn't even the amount
of money you can make, but just the fact that we don't have to
go to a To 5 job so we can focus on things that we actually enjoy
doing. So if you have friends that like
want to make money from home, you can tag them or send them a
link or if you make money this way, share it in the comments.
So other people know, like there's more people doing this
now and then there's the sales pitch.
They're living their best life, they're not working the 825,
they don't worry about making an income, they just turn 1000 into
20,000 every month, it's simple as that they buy a stock that's
going up, if it's going up, that's good.
If it's going down, that's bad and they sell it and they just
rinse and repeat this. Is new information.
This is how you can make riches in the market, very simple and
very easily. Another thing I'll point out is
he does mention in this video, it pays for his whole life style
turning 1000 into 20,000 is really how they're paying for
their lifestyle. He says it right here and do
that over and over and it pays for our whole lifestyle.
I wonder why if he's able to pay for his entire Lifestyle by
turning stocks from 1020 thousand in one month, why he
needs to mention his Robin Hood share link, or he earns money
for everybody that signs up under it.
Basically, I just I'd trade stocks on an app called Robin
Hood, which I left the link in our bio.
If you want to check it out, it's free to download free to
sign up. They actually give you a free
stock so they're paying you to sign up.
But again, not sponsored interesting that he needs to
mention that when his stocks are paying for his entire life
style. Now, I know what you're thinking
this old. Fashioned way of investing
buying good companies and holding them as they grow their
earnings and the return value to shareholders.
That's not fun anymore. This new way that he's talking
about this. New Tick-Tock investing is a lot
quicker. It sounds a lot more fun with
Any iron three thousand dollars with that.
But that took a few months at least that was a company that I
really had a good opportunity. But even then I'm not turning
1000 into 20. Even some of my Best Buys like
apple that I've made eight thousand nine hundred dollars
have taken the better part of two years to earn these returns.
They're good gains but it's not money earned in one month.
This is money. That's taken a while to earn.
So why don't I jump into what he's doing?
He hasn't figured out. He's turning one thousand
dollars into 20 in one month's time.
That sounds a lot more appealing to me.
Well, I thought maybe before jumping into his strategy, I
might look at some other strategies on tip talk because
these guys seem to really know something they really do.
I might take a look at another strategy.
Here's someone else that shared something I thought was very
intriguing. This is the stock market verse
Real Estate and it highlights an important aspect of real estate
that the stock market is missing.
Is it giving between investing in the stock market versus Real
Estate? One hour?
You can be feeling good and then you're If you're down, I mean
this could be every minutes or every second just like that he
highlights that the stock market goes up and down.
Now, the other guy that we just listened to he would just say
right here is when you buy and right here is when you sell and
just it's very simple. You just look into the future
whenever stock is here you buy and whenever it's here you sell
and you do that over and over again, but this guy has an
entirely different strategy. Any highlights the differences
between real estate and stock. So let's go ahead.
Finish this video, it's like you're laying at the hospital
bed. They monitor your heart beats
and you don't know when the game will be over.
Come home and she now here's real estate.
What's real State you start here and then it just slowly slowly
go up like that. This you can have a peace of
mind and actually go to sleep with this.
You don't know. And therein lies, the difference
real estate, unlike the stock market only He goes up.
It never goes down it. Goes from point A to point B,
and it's a direct linear path. Upwards, the stock market goes
up and down, but real estate just goes up, its risk-free
return. There's no downside to it so you
can sleep easy at night. You don't have to worry about
that stock market and Company's values going up and down like a
heartbeat. Real estate is just risk free
money. This is the type of advice,
we're getting on social media. Now, this is the type of people
in I mean, 30,000 people 50,000 people millions of people and it
is a statistical certainty, the out of that many people, there
is a group that will believe them.
That is the problem with the new influx of investors.
Even though to most of us, this is a joke and clearly this
advice is terrible and factually false, there is a group of
people that's going to believe it.
And that's what I see. The problem is with these type
of videos, seeing that real estate only goes in One
Direction and it's risk, free. What does he think of the
financial? Isis in 07 saying to millions of
people that investing is a simple as looking at stocks that
go up and buying them and then selling them right before they
go down and you can get returns like twenty thousand dollars a
month is not only not factual, it's ridiculous.
And then saying that you're funding your lifestyle solely
based off these Investments right after pumping.
Your affiliate links for Robin Hood is incredibly misleading.
I think that many new Tick-Tock investors have gone from
innocent and naive sharing poor advice two things.
I think that are manipulative and Worry here's another
example. This is more of the great
content on Tick-Tock. This lady's informing us how she
turned one dollar and to four thousand in three hours and how
you can do it too. If you're watching this video is
because it's all my last video and you're trying to figure out
how I made turn one dollar and to 4,000.
So I'm going to show you. So I wanted to this page this
was the first thing I saw so - means settling into the charts
and I predicted it was going to drop the same way it came.
I'm up about a day ago, and that's exactly what happened,
but unfortunately for us that's where the sales pitch ends.
In order to get more information on how she does.
This strategy, we have to direct message her on Instagram.
That's what she instructs, everybody that comments to do
direct message me on Instagram and that's where you get more
information on how she turns $1 into 4000.
And they're not the only ones getting rich, very quickly on
Tick-Tock, there's others that have used a lot more direct
strategies to get rich. Here's our Tick-Tock account
called risk in a All and I do appreciate that he is
acknowledging that there's risk in what he's doing he's telling
people up front about that. Every single penny I have is
getting invested in Bitcoin. All this money, Bitcoin, all
this gold kind of turn it into Bitcoin.
All these credit cards, I have zero balance on all these credit
cards, I'm going to freaking cash them out, turn all the
money on the Bitcoin. All this, everything, everything
I have, I'm putting on bitcoin and we're going to see if What
happens? I could be destroying myself or
I could be making myself a winner so he's transforming all
of us, cash his gold and even a bunch of credit cards that he
has open. He's showing us how many credit
cards, yes that have no debt on them anything to take that line
of credit, use credit card, kiting to transform That Into
Cash and then use all of it to buy Bitcoin because he's using
the strategy that the first guy talked about, he's watching
Bitcoin, go up and he's buying it and then hopefully before it
goes down, he'll sell it. Bitcoin has been skyrocketing
It's time for me to risk my entire life savings.
Is this stupid? Am I going to lose it?
All be homeless, or my going to turn into like a millionaire?
The time for moderate gains is gone.
We live in a world of either being completely Rich, a
millionaire or being homeless. We live in a world where we can
turn one dollar and to 4000 and a matter of hours where we can't
earn $1000 into twenty thousand dollars on a monthly basis and
fund our whole lifestyle with it.
That is the new Financial realm stocks.
Go up to X over a weekend four times over weekend a thousand
percent gains 5,000 percent gains.
Now I realize that what I'm doing is probably no longer the
popular thing to be doing building a portfolio that
centered around productive companies that compound their
growth over time and give gradual returns to investors.
That's no longer the hot thing to do online.
Everybody wants a thousand percent returns a day.
They want to buy into Bitcoin and see their money, double.
They want to go into the next hot flash, you shiny and
Estimate. But in my opinion, the best way
to grow wealth over time Remains the Same buying productive
assets and watching them compound their growth over long
periods of time. I don't think that this has
changed and I intend on doing the exact same thing going
forward. I think my portfolio has a
collection of some of the best assets in the world.
Some of the most productive companies with the best futures.
For instance, in the consumer category, I have Disney Costco,
Home Depot, and Nike, as some of my biggest, most concentrated
bets Disney's A company that I think is growing Rapidly.
The parks are going to eventually open back up.
That'll make Disney's operating income return.
And in the meantime, they're growing their subscribership, by
the millions, they're growing every single quarter, I think,
within two, or three years. Disney could catch up or
surpassed Netflix, in the amount of subscribership say, have and
they not only have Disney plus, but they have Hulu, they have
star, they have ESPN, they have a lot of online properties in a
highly scalable business. And then they have a Parks
business that only helps their operating income.
So Disney is a company. I think has a lot of things
going for it. Costco's, another one that I
have a large bed on, this is a company that it's very stable.
It grows steadily has a huge growth path.
It's a subscribership business, and I think that there will be a
continual concentration of retail, and the biggest
companies, like, Costco will get the biggest part of the pie Home
Depot and Nike are both companies.
The Amazon cannot compete with Amazon, can't compete with Home
Depot. They have too much contract
business. They sell products that people
like to buy in person. And their network has created a
huge mode. So Home Depot is a company.
I think continues to have a huge growth path and the Nike has
Brand value that no other company can compete with.
It has a long-standing history. Nike shoes have become ingrained
in our culture and I don't see that going away.
Anytime soon between these four companies, I think we have some
of the best retailers in the world and some of the companies
that can expand and scale to the biggest size.
I've renamed some of the categories.
One of them was Tech. I turn this into Tech and cloud
computing and rearrange my Holdings to make them more.
We're in Tech and cloud computing.
I have apple. I EG V which is an expanded text
software ETF. And then I have Microsoft, I
think that these are some of the best dividend growth companies
and some of the best companies in the world.
Regardless apples, a fantastic company, I was criticized, very
heavily buying into Apple that it was too expensive that it was
at all-time highs that had a big run up.
And here I am earning tremendous amounts of return on this one
holding I'm up nine thousand dollars with the total value
being 25,000. So I originally invested about
sixteen thousand dollars and that's turned into 25,000.
It didn't happen in four hours but it has happened over the
past few months. IG V gives me exposure to a lot
of cloud companies. A lot of companies that are
making the backbone of the internet and it does pay
dividends quarterly. And it continually grows at as
these companies grow over time. And in Microsoft's, obviously,
one of the best Holdings to have it has exposure in gaming and
cloud computing. And lots of office software and
I think that everybody should have Microsoft in their
portfolio. Like some of Other categories.
I renamed the finance, pi/2 fintech and banking to make it
more explicit of what it's talking about in the fintech and
banking pie. We have JP Morgan as my largest
holding. This is a company that I think
both offers fintech qualities and banking qualities JPMorgan
has acknowledged the big threat of square and PayPal.
Jamie dimon said that he's scared because of these
companies, he's concerned about them and he intends to compete
fiercely with them. He's investing so much money and
technology and he plans on On winning this battle.
That's the talk that he's giving, he's not taking his
competition. Lightly JPMorgan has billions of
dollars in net income that they can funnel into development to
build out technology to build out that aspect of their
company. So this is one that I think it's
a good bet it offers dividends and BuyBacks and capital
appreciation visa and MasterCard are two companies that I've held
for a while. I'm actually in the green by
about $500 on Visa and about 300-400 dollars on MasterCard
the reason that the returns right here are lower Because I
shifted them out of my tech pie, the display of the gains are
reset when you do that. So, these used to be in my tech
pie, I shifted them into the finance and fintech Pie to make
them more accurately organized. So they're in the fintech and
banking pie visa and MasterCard I think are both fintech
companies. Their technology-based companies
that work with Finance Visa. Had some, I think disappointing
news that they couldn't purchase plaid that was going to be a
huge acquisition for them. So they're not going to be able
to do that, but this company still a great company.
He nonetheless. And then the last one I have
here is tiro. This is a smaller holding it's a
very steady dividend payers. It has no debt, it's a great
company but it's not growing at an incredible rate.
This isn't one of these companies that I think is going
to grow massively it's just going to be a steady payer.
So this one is obviously performed very well.
I've had some good games with it but I'm not adding a lot to tiro
and the next category we have real estate.
Real estate has been one of the categories that struggle the
most because I have 20,000 dollars invested in it and I've
had a lot of money in real estate over.
The past two years and it's only gained $1200 because in March,
when the market crashed, real estate crashed harder than
anything else, people didn't want to own anything doing with
real estate or retail. I've done some things to
simplify my real estate holdings.
I've kept store Capital and realty income Corp.
I sold off. Well Tower and I'm keeping Simon
Property. I think that Simon Property does
have a recovery story and it has been making significant gains in
its recovery. In fact, if I filter by the past
90 days, here's the The games. This is what it looks like in
the past 90 days, it's recovered 42%.
So Simon Property is recovering but overall, I'm still in the
red. Now, the next category is one.
I'm very excited to introduce as a brand new one to the passive
income account. So this is a new category and
it's video games video gaming as an industry.
I've always known that. This is a growing industry.
In fact, two years ago, I made a video called why I don't buy
gaming stocks and in it, I explained that I play video
games. I like playing video games, and
I realized that it's a growing industry.
But I don't know how to approach the investment.
There's so many different gaming companies.
Some of them are privately held, some of them are in China, some
are in Japan and South Korea, and the industry as a whole is
very fractured. So it's really difficult to put
together, an investment that gets exposure to the entire
gaming industry with all these OTC stocks.
All these companies in China and South Korea and Japan and the
US, it'd be very difficult to accurately get exposure to it.
Well now there's an easy way to do that and it's through an ETF
ESP. Oh is Van x video gaming ETF.
This gives you exposure to big companies, like tencent,
Nintendo take-two, interactive Activision Blizzard, EA games,
all the big game developers but it also gives you exposure to a
lot of mobile game developers. Lots of them that make mobile
games in China, which is a huge growing industry.
It gives you exposure to lots of streaming websites that stream
video games and it gives you exposure to Hardware makers,
like, AMD and Nvidia. So this gives you exposure to
all the different companies in the gaming industry that form
this entire industry. Unlike years past, gaming used
to be an industry that was difficult to monetize game.
Developers would come out with a game.
They would make money by selling the game for a lot of money and
then they'd be done and it have to make a new video game.
It was somewhat like Disney's business model.
They would make a big Blockbuster film.
They would sell it for a billion dollars in the box office, and
then they'd have to make another movie.
Well, Disney came up with Disney, plus a better
monetization method, a better business model for pushing out
their product. The gaming industry is doing the
same thing. No longer game developers
creating a game and then selling it for one-time sale.
Now they do microtransactions now they do season passes.
Now they do subscriptions yearly two different gaming platforms.
They are monetizing their games, a lot more efficiently than
years past. And I see this continuing an
unlike, a lot of other hot industries that have really
blown up over the past year, like healthcare companies and
genomics, like renewable energies like electric vehicles.
Like fintech companies I see the gaming industry as a really
growing Industry that still doesn't have a lot of chatter
around it. I don't hear a lot of discussion
about video games, so this is one that I'm happy to start
investing in and building a stake in it because I think that
video games will continue to grow.
Even if we get rid of coronavirus, even if we have
this virus gone, I see long-term growth and video games now.
Moving on, we have Healthcare. I've also simplified My
Healthcare Holdings. I no longer have a v.
I sold that one for about a six hundred dollar profit and I put
that money in vht. Andy doc.
This is 80 % VH. G, which is the Vanguard
Healthcare ETF and then 20% edik, Which is more focused on
healthcare companies that are digital like communication
health care companies. So between these two I think you
get good exposure. Do the entire healthcare
industry as a whole Vanguard focuses on the big
pharmaceutical companies like J&J and a V and Merck and Pfizer
and edict focuses more on these up-and-coming, telecommunication
type of companies at work within the healthcare industry.
So I have exposure to both of these.
And the reason that I'm not picking Any individual
healthcare companies is like I've said many times I'm not a
health care expert. I don't really know how to do
analysis on these companies to the level that I think is
necessary. So to protect myself from my own
ignorance of investing in health care companies.
I'm just not going into them individually.
Unless I have a specific company that I really feel like I know
inside and out. I'm not going to be putting
money into it individually. So the companies that I'm
putting big bets on individually are ones that.
I understand like a Disney and Costco and Apple.
And Microsoft. Those are companies that I
understand their business model. I don't quite understand
pharmaceutical companies, as much as I'm going to leave that
to ETFs. The next category is telecom.
And in Telecom, I also simplified this category.
I have one holding and you guessed it.
It's AT&T I sold out a Verizon and I kept 18t now, you might
ask why did I sell Verizon and not AT&T.
The reason I sold Verizon even though I sold it at a slight
profit was because Verizon doesn't have a tremendous amount
of growth ahead of it. It's pretty At rated, there's
not much room for growth and Telecom, there is T-Mobile and
AT&T and Verizon that are all competing for the same
customers. The only way that they really
gain customers as by taking it from one of the others and they
just do that over and over again.
So I see Verizon is a company that has very limited amounts of
growth. It has no streaming service, it
has nothing in it that can scale infinitively, but AT&T does have
a streaming service. It has something that can really
scale to 50 million users 100 million users. 200 million users
streaming services, can scale like crazy.
And with Warner media announcing that they're putting all their
movies, direct a streaming on HBO Max, I have a feeling that
HBO Max May gain a lot of subscribers over this year and I
want to see that play out. So I'm holding on to AT&T on the
Assumption. The HBO Max will gain a lot of
subscribers, if that happens, I'll keep this holding but over
20 21 if HBO Max never gains traction.
If the company just can't grow their streaming service and they
still have Four billion dollars of debt.
I'm going to sell out of this holding because that's the only
part of this company that I think will grow significantly if
HBL Max doesn't grow at all. I see it as a pretty stagnant
company and I think this money could be better used in other
places like Disney or Costco or other companies that are still
growing year over year. But as of right now, I'm
optimistic on HBO Max's growth and we're going to see how it
does in just a few days. The next category used to be
named utilities and I change the name to renewable and clean
energy because It's really what it was.
They were all utility companies, but I realized the ones that I
held next era and Dominion. We're all clean energy companies
or renewable. So, I change the name to reflect
that plus I added into ETFs called tan and I see Ln and
these are just basic cookie, cutter clean energy ETFs.
So if you want clean energy ETFs and renewable energy can focus
is on solar companies. I see Ln focuses on clean
energy. Now these have gone up a lot
over the past year so I'm not inclined right now to pour money
in them. I only put Dollars into each of
them, they may continue to race up like they have.
But in my opinion I think they're I think they're pretty
high priced. So I plan on just leaving them
at very small Holdings right now.
And focusing on ones that I think are a little bit cheaper
right now. I think Dominion Energy is
probably the cheapest but all of these are clean energy or
renewable companies. So I'm glad to have them in my
portfolio. Now the last category in my
portfolio is also a new one called restaurant / delivery.
These are either going to be restaurant companies or ones
that focus on delivery and for longtime viewers.
You may recognize this company, Texas Roadhouse.
This used to be in my portfolio in 2019, I sold out of it to
focus on other companies. But Texas Roadhouse has been
through a lot in that amount of time.
The stock price tanked in March when everything's sold off and
it's since recovered to all-time highs.
Now I want to own a piece of this business.
The issue is, it's pretty expensive, right now, like I
said, it's at all-time Highs, but it's a good business and it
has a longer path ahead of it and they're also launching
multiple restaurants outside of their main brand, Texas
Roadhouse and I did an entire video.
Go on the bull case of Texas Roadhouse, just a couple days
ago on my secondary Channel. If you haven't subscribed to
this, check it out. It's Joseph, Carlson after
hours, and has a different style of videos there, longer and more
in-depth and I dive into specific companies like Texas
Roadhouse. After I did this one.
A lot of people said that, they went out and ate at this
restaurant because they watch the video and it made them
hungry for Texas Roadhouse so you can check this one out.
Make sure you subscribe to the channel.
It's a lot of fun to do. Now, in terms of this one, over
the long term, Texas Roadhouse, I want to build it up to be a
core. Holding but I'm not going to do
that until they reinstate their dividend, they froze, their
dividend currently because of the coronavirus and because of
the circumstances but they have the financial situation right
now to be paying a healthy dividend there.
Texas Roadhouse restaurants are doing great.
They could be paying out that dividend so in the meantime I'm
going to continue to dollar cost average into it even if it's
trending downwards, I'll buy more and more of it and
hopefully over the upcoming year they decided to reinstate their
dividend because Texas Roadhouse has been a long-term
dividend-paying Company. So that's it.
That's my entire portfolio right now.
That's it changes. I'm making for 2021 overall, I'm
very satisfied with the gains that have been making with the
passive income and the past week I've gained three thousand
dollars in gains and the past quarter past 90 days that's a
thousand dollars earned in dividends and nineteen thousand
dollars earned overall. That's a pretty good past 90
days a 13 percent return. And then in the past year, I've
earned 19 percent gains 22,000 dollars in returns and three
$1500 in dividends. So everything is growing with
this account, the passive income, through dividends the
market gains. I'm earning all of it through
this account. So it's been really fun to do.
If you want to see my entire portfolio, all my Holdings.
You can click on this link view my portfolio.
I updated it to reflect all my new Holdings in the weight on
them. So you can look at that if you
want to go through each and every one of my Holdings.
So that's it for now, I'll continue to keep you guys
updated week by week of how this thing performs of the slow,
steady growth of income, the slow steady growth.
Of capital gains. I want to have that over long
periods of time. If you came here looking for
serious, advice on how to get rich quick.
I'm sorry for click baiting you. But this is not a get-rich-quick
channel. This is a channel where we focus
on building long-term wealth safely over long periods of
time. If you want to take shortcuts
and try to get rich quick, I would be careful because I think
you might end up getting burned. And in my opinion, I don't think
it's worth it with that. I'll see you guys next time.