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All right folks, if you want to download a button on the Survivalist Podcast, you can find all of our old episodes at survivalistpodcast.org and on our Twitter, SurvivalistPod, and you can find us on Facebook, facebook.com/survivalistpodcast.
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And I want to thank everybody, by the way, as always, for rating and reviewing the show. We’re up to, I believe, 37 Facebook reviews, I’m sorry, iTunes reviews, and we’re getting a lot of positive feedback on the show.
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A lot of people are really digging the show and stuff like that, so I really do appreciate all that.
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So those of you that have rated and reviewed the show, thank you.
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Those of you that haven’t, please go to iTunes and give our show as many stars as you think and maybe write a little review.
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As always, my name is Brandon.
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And one of the things I want to talk about today, folks, is I want to go ahead and talk about stock market investing.
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I know a lot of you guys have been asking about investments. I’ve got a couple emails from listeners saying,
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“Hey, you know, you talk about prepping, you talk about being ready for things, but what about being ready financially?”
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And some people, you can prepare financially for the future using the stock market.
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Now, I’m going to tell you, I am not a financial advisor. I am just somebody doing a podcast that knows a little bit about the stock market and has made some money in it.
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So some of the things I do want to say, I’m going to talk about the stock market today, but there are other things you could do, folks, for investments.
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Obviously, you could buy gold, silver. You can buy a lot of other things as well. You can buy real estate.
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There’s quite a few things you could do, stock, bonds, all that kind of stuff.
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Today we are going to talk about the stock market.
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And the reason I want to talk about stock market is because the stock market can be a good investment.
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For those of you that are interested in stock market investing, I strongly recommend you go out and get Warren Buffett’s book, The Warren Buffett Way.
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He actually has two books out. There’s Warren Buffett Way 1, and he has a second book out called 2.
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He is the richest man when it comes to the stock market, and he knows it better.
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And I’ve read both his books, as well as I read the Wall Street Journal, actually, quite often as well.
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And he talks about the whole thing about doing the stock market, and one of the things he says is you can’t just buy stocks based on what people say.
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You have to buy them based on the company, not based on their price.
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So a prime example of that is, for instance, I own some Facebook stock, not much of it, but I bought it maybe about six months or so after it IPO’d.
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And the reason I did that is because one of the things Facebook really has going for them is they really, really understand how to get a company going.
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They understand what people are doing. They understand all that.
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And if you look at them as a company, if you buy a thousand dollars worth of them today, you’re not going to become rich overnight.
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But if you buy it and hang on to it for a while, you will watch your money grow fairly well.
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So they’re a strong stock. They grow well and all that.
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Again, I’m not here to give stock tips, but I will talk about certain stocks that I’ve purchased.
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And again, folks, I am not a financial advisor. If you buy a stock and it tanks on you, all I’m going to say is I’m sorry.
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But I strongly recommend if you don’t know anything about it, listen to what I have to say and then maybe consult a financial guy or a stockbroker or something like that.
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But I do want to recommend, though, folks, you’ve got to be careful with stockbrokers because they’re in business to make money, and they get money on selling you stock.
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And if you lose money, it doesn’t matter. They got paid because they sold you a stock.
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So you do have to be very, very careful about that when it comes to who you’re picking for a financial advisor or stockbroker.
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Okay? You need to have one that makes money when you make money.
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We’ll get into talking about picking the proper financial advisor later.
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So that’s something that I said I strongly recommend before you do anything with the stock market and before you hire anybody.
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Grab some books. Grab the Wall Street Journal. Read a couple books. Read a couple newspapers.
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Know what you’re talking about before you get in business with somebody.
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And also, too, folks, you can get into your own E-Trade account and stuff like that.
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There’s a couple of them out there, E-Trade. There’s a couple other ones.
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But you can do that. But I recommend if you’re going to do your own trading, make sure you know what you’re doing.
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And if you don’t know, maybe you should do something different, like maybe real estate or something like that.
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So, again, very, very important to know what you’re buying.
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But one of the things I do want to recommend, like I said, is that Warren Buffett says you buy businesses based on the —
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you buy stock based on the business, not on the actual financing.
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And what he’s meaning by that is if you see a company that’s growing and that’s doing a good job
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and that you know the company is going to be in 10 years, going to be worked, is going to keep building and building and building,
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that’s a company you buy. Okay?
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Companies you don’t buy are stuff that you think you’re going to get rich overnight.
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You say, “Oh, okay, tomorrow so-and-so is buying us so-and-so. Let me buy that stock.”
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Because after the buyout happens, the stock is probably going to go back down again.
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You want to buy companies that are going to get bigger over time, not companies that are just going to be a short hold,
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especially when it comes to investing.
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Because investing is money you’re not going to use right away.
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That’s going to be stuff you’re going to use down the road.
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Okay? And investment is something you buy for your children’s college fund, something you buy for your retirement,
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something where you’re preparing for the next stage in your life. Okay?
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Very important. Okay?
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I’ve said to you many times, I say all the time, “Well, why do you always say investment?”
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“Investment is how you make money.” I’m like, “No. When I buy stuff, it’s an investment. It’s an investment in later on in life.”
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I’m preparing for my daughter to go to college. I’m preparing for my wife and I to retire.
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I’m preparing — again, this is part of being prepared, folks.
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This is all part of prepping.
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It’s not just when, you know, what do they all say, the shit hits the fan.
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Okay? Prepping is being prepared for later on in life, whether it’s finances or anything like that. Okay?
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It’s part of it.
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So I strongly recommend that.
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One of the companies — now, some companies aren’t going to be doing as well as they did.
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Now, you know, eight years ago when the iPhone came out and Steve Jobs was the CEO of Apple,
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I would tell you right now, go out and buy yourself as much Apple Shock as you can possibly get your hands on. Okay?
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That’s what I would tell you to do.
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Okay? I wouldn’t tell you to do that because Apple’s stock has came way down from, what, almost 500 a share down to like $9,000 a share.
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So Apple’s came down quite a bit.
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They’re not the dominant they were in 2008, 2008, 2008, 2010.
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And you being somebody who’s buying stock is going to have to keep an eye on that company.
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You know, I’ve also said one of my big mistakes is in 2005, I should have bought Microsoft stock.
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Microsoft stock was only like 20 bucks a share in 2005 and now they’re up to almost $50, $60 a share.
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So you’re going to have to keep an eye on it too.
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I’m not saying you have to look at it every day, but it’s something you probably should look at at least once a week.
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And other folks too, know the news about the company you’re buying.
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Don’t just buy it and forget about it. No.
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Know the news. If you’re seeing every day, “Hey, I bought 1,000 shares of Google.”
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And every day they’re coming out with, “Oh, Chrome’s going to do this. Chrome’s going to do that.”
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“Androids going to do this. Androids going to do that.”
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That’s probably a company that’s going to keep growing because they’re doing everything because they’re growing.
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Okay?
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I strongly recommend, one of the things you don’t do is say, “Oh, hey, you know, if I buy a stock low and sell it high, I’m going to be good.”
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No, it doesn’t always work that way because right now if you buy a stock of Yahoo, you’re probably going to be throwing good money to bad money.
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That’s an old saying, by the way, folks, from bankers.
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They would say, “If you have good money, you don’t throw it to bad money.”
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It means you don’t buy a bad stock, don’t buy a bad real estate.
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That’s an old saying.
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So I strongly recommend, folks, that what you do is you take the time and you look at how the company’s performing, what the — okay, you can go online, see what the company’s 10-year plan is, stuff like that, okay?
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Very important.
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Okay?
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Like I said, you know, Facebook seems to be a fairly good investment. I made money on that. Google’s a good investment.
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One company that really rebounded, I’ll tell you the truth, one company that really I would have told you to buy was Netflix.
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And then maybe a couple years ago I told you not to when they did the whole Flixster thing, that’s break off, whatever that was.
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That was just bad management and bad decisions.
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And now look at it, they’re performing better than before.
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So they’re a company that’s good to buy now.
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But I’m telling you, I’d be a little leery to buy Netflix only because they have had bad decisions in the past.
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Am I saying it’s a good stock right now?
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Yeah, it is.
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But I’m not saying, you know, they’ve had bad decisions in the past.
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We’ve seen Netflix stock be $200, $300 a year, we’ve seen it $60 a year in the past 7, 8 years.
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So it’s a vital stock.
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Gas companies, Exxon, that’s usually a pretty good stock to buy. I’ve seen people do pretty well with that.
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A lot of penny stocks right now are the medicinal marijuana. I’m not really into that stuff.
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I wouldn’t buy it personally because I just have ethical things with that.
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But some of those are really popular penny stocks right now.
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Now one thing to do, folks, is I strongly recommend you buy a good stock.
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You know, if you’re going to buy anything, buy a Facebook, buy a Microsoft, buy Amazon.
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Amazon’s a pretty solid stock. They’re constantly developing and moving ahead in the world.
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They’re a good stock.
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But what I strongly recommend, folks, that you do is try to stay away from the penny stocks unless you know what you’re buying.
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You know, prime example, like Sirius XM, I remember when they were like $2, they had their $4 here, so you would have doubled your money.
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But again, Howard Stern’s there for a couple more years, so maybe now would be a time to buy.
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But I strongly recommend it a couple years from now before Howard Stern decides if he’s leaving or not.
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Because again, he’s somebody that pretty much the stock hinges on.
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So I wouldn’t recommend, stay away from the penny stocks in the world.
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Stay away from the Sirius XM’s of the world.
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Stay away from the, you know, some of that penny stock you’ve got to be really, really careful with.
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Some of it you can make a fortune on and some of it, you know, you can lose your shirt on.
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So I’d be very cautious about that stuff.
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Unless you know what you’re buying, I’d be very, very careful about that.
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You know, years ago, you know, give prime example, look at the Martha Stewart stock.
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That used to be one of the hottest stocks you could buy.
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Nowadays it’s worth next to nothing.
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So you’ve got to know what you’re buying.
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I mean, Martha Stewart’s, that’s like penny stock nowadays.
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Sirius XM is borderline penny stock.
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There’s a lot of them that, there’s a lot of penny stocks out there.
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I really don’t recommend that because that’s not really, I mean, yeah, you could buy, you know,
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you could buy a lot of shares very much, but they’re very, very risky.
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So I wouldn’t recommend that for a long-term investment.
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If you know that one may go up a little bit, or you think one may go up a little bit,
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but for three, four, five bucks at it just to see what it does, you might make yourself a few hundred bucks.
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Hey, good for you, man. There’s nothing wrong with that.
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But, you know, I wouldn’t recommend that as a long-term investment.
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I wouldn’t recommend it, especially not something like a Sirius XM or even some of the medicinal marijuana stocks.
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I mean, they’re doing really well, but you don’t know.
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I mean, that’s the problem. It’s not legal in every state, so you don’t know how they’re going to do and stuff like that.
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I’d stay away from the pain. Buy a good stock.
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Okay, try to stay away from bank stock right now.
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Bank stock really isn’t performing really well.
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I stay away from those quite a bit.
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Amazon’s a pretty safe bet.
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They’re doing really, really well for the most part.
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They’re pretty high, though. They’re expensive to buy for a stock.
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They’re a couple hundred dollars a share.
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Google’s the same way. It’s expensive to buy.
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That stuff gets a little pricey.
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Like I said, Facebook’s pretty good.
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I’ve had a lot of luck with that.
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Microsoft has been pretty good.
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A couple other ones, too, folks.
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Gillette Razers, years ago, that was a good one to buy.
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Not really what it was.
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Coca-Cola stock just split about a couple years ago.
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They seem to be doing pretty good.
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But again, there’s been stuff in the stock market about that.
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Their company taking a hit lately with all this get healthy, get healthy, get healthy.
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That’s what hurt them because people aren’t buying soda like they used to.
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That’s something that I’ve read, too.
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You’ve got to really look at the stock.
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Your best bet when you’re buying a stock is type in the name of the company and go to Google News.
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They’ve had a lot of positive response over the years.
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There hasn’t been much bad news about them.
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Then you go over to bigcharts.com or something like that.
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Type in the thing, the stock quote, and just look at it.
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And see how the stock’s done.
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If the stock’s grown steadily, gone up a little bit over the course of the last year or two, you could be all right.
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Look at LinkedIn.
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LinkedIn was doing really, really good.
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Now the stock’s not really performing that well.
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I definitely don’t recommend buying something with IPOs because you don’t really know how it’s going to do.
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I always say wait a little bit and see how it does.
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IBM is another safe bet.
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I’ve seen a lot of people make a lot of money with that.
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But again, you don’t know.
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IBM obviously is a good stock because it has track records and stuff like that.
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It usually always goes up.
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That’s usually a pretty good stock as well.
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But it’s up to you what you feel.
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You need to sit down with somebody who knows what they’re talking about.
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And you need to make sure that you make a good decision.
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A lot of these brokers you’ll sit down with, they’ll tell you.
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How long do you plan to keep the money out there for?
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And if your daughter’s 14, you can say, “Well, I want to cash it in in four years when my daughter graduates.”
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They’ll have stock that they think could possibly be a good bet.
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But you’ve got to be careful.
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It’s supposed to mean you buy tech stocks because four years is a lifetime in the technology world.
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So like I said, be very, very careful with what you buy and all that.
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Like I said, you can do it yourself.
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If you don’t have an E-Trades account, that’s usually a pretty cheap, safe bet.
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If you want to just mess around with the stock market a little bit, you’ve got to buy some penny stocks.
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You can do that on your own.
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You don’t necessarily need a broker for that.
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But again, you’re going to look for a stock that’s going to grow slowly over time.
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It’s going to be a slow burn.
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And you’re going to look at a company that says, “Okay, well, two years ago the stock was 50.
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Now the stock’s 100.”
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That might be a good investment for you because it’s a slow burn stock.
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It’s not a stock that goes up and down, up and down.
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There are some stocks that are vital.
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They’ll go up 10 points one day and drop 12 the next day.
00:14:44.000 –> 00:14:46.000
They’ll go up 20 the next day, drop 2 the next day.
00:14:46.000 –> 00:14:48.000
That’s not a good long-term investment.
00:14:48.000 –> 00:14:53.000
You want a stock that’s going to grow over time slowly.
00:14:53.000 –> 00:14:56.000
Very important.
00:14:56.000 –> 00:15:01.000
Companies that are like that are usually not a safe bet to buy.
00:15:01.000 –> 00:15:06.000
I know a lot of you say, “Well, I’m going to buy Apple stock.
00:15:06.000 –> 00:15:07.000
I mean, the iPhone’s huge.”
00:15:07.000 –> 00:15:12.000
Yeah, but maybe the iPhone is huge, but Apple’s really hit a plateau the last couple of years.
00:15:12.000 –> 00:15:15.000
They’re not really making innovative products like they used to.
00:15:15.000 –> 00:15:17.000
Apple may not be your best bet.
00:15:17.000 –> 00:15:20.000
Textiles, that’s another one people say, “Oh, buy a text.”
00:15:20.000 –> 00:15:26.000
That’s a tough industry right there, man, because a lot of those stocks do really, really good only certain times of the year.
00:15:26.000 –> 00:15:36.000
Like I said, you really are going to have to really think about how long you’re going to hold the stock for.
00:15:36.000 –> 00:15:38.000
That’s another big part of this.
00:15:38.000 –> 00:15:44.000
When you decide you’re going to plan for your financial future, say, “Okay, I’m 55. I want to retire at 60.
00:15:44.000 –> 00:15:48.000
Maybe I’ll buy some stocks and hang on to them for my retirement.”
00:15:48.000 –> 00:15:51.000
You’re going to have to make decisions like that.
00:15:51.000 –> 00:15:58.000
Another thing, too, folks, another very, very good source of finding out about stock information.
00:15:58.000 –> 00:16:00.000
Like I said, Big Charts is a good one.
00:16:00.000 –> 00:16:01.000
The Wall Street Journal is really good.
00:16:01.000 –> 00:16:04.000
Like I said, I do recommend all of Warren Buffett’s books.
00:16:04.000 –> 00:16:06.000
They’re very good.
00:16:06.000 –> 00:16:15.000
I do recommend definitely if you’re not familiar with the stock market at all, I don’t think it’s a good investment for you.
00:16:15.000 –> 00:16:19.000
But some people, they actually can make good money.
00:16:19.000 –> 00:16:23.000
Like they said, the thing is, you can see the average hold time on stock markets is like 17 minutes.
00:16:23.000 –> 00:16:26.000
I mean, those are day trader kind of people.
00:16:26.000 –> 00:16:32.000
Another thing, folks, too, you may want to think about, and this is an option, too, you may want to look into this.
00:16:32.000 –> 00:16:39.000
You may want to look into, some people aren’t comfortable buying stock in a company, and I understand that.
00:16:39.000 –> 00:16:40.000
There’s nothing wrong with that.
00:16:40.000 –> 00:16:42.000
Some people don’t feel comfortable with that.
00:16:42.000 –> 00:16:47.000
You could check out the commodity market, which is a little bit different, where you’re not buying pieces of a company.
00:16:47.000 –> 00:16:53.000
You’re actually dealing in physical goods, so it’s a little bit easier to customize to understand.
00:16:53.000 –> 00:16:58.000
What happens is, so say you buy $1,000 worth of corn.
00:16:58.000 –> 00:17:02.000
And now, you’re actually dealing in physical items.
00:17:02.000 –> 00:17:05.000
Not that you’re going to actually get $1,000 worth of corn delivered to your house after you buy it,
00:17:05.000 –> 00:17:11.000
but sometimes it’s a little bit easier for people to understand because you don’t deal with stock splitting, stock dividends,
00:17:11.000 –> 00:17:15.000
you’re actually dealing with physical commodities.
00:17:15.000 –> 00:17:17.000
So something that you can definitely think about if you say to yourself,
00:17:17.000 –> 00:17:23.000
“Well, I’m not sure if I want to think about buying companies like Facebook or Google and stuff like that.”
00:17:23.000 –> 00:17:29.000
So you might want to say to yourself, “Well, maybe I’ll just go ahead and if you look and you say,
00:17:29.000 –> 00:17:33.000
‘Hey, look, corn’s performing really well. Let me buy some corn.'”
00:17:33.000 –> 00:17:36.000
You may want to buy oil. You never know.
00:17:36.000 –> 00:17:38.000
Oil seems to go do pretty well on the stock market.
00:17:38.000 –> 00:17:42.000
It’s been down a little bit recently out of the plate, but that might be something you might want to buy.
00:17:42.000 –> 00:17:50.000
There are a lot of options out there for you as an investment, as you’re preparing for your college fund,
00:17:50.000 –> 00:17:58.000
preparing for your retirement, preparing for all that kind of stuff, maybe preparing for a big purchase.
00:17:58.000 –> 00:18:01.000
That’s something I don’t recommend, folks. I want to point this out.
00:18:01.000 –> 00:18:04.000
I don’t recommend if you’re looking to buy a home or something like that,
00:18:04.000 –> 00:18:06.000
that you invest money in the stock market to get the down payments.
00:18:06.000 –> 00:18:10.000
I don’t really recommend that because you could take the money you have that is good and per se,
00:18:10.000 –> 00:18:13.000
maybe if you don’t buy the right stock or say something happens in the tanks,
00:18:13.000 –> 00:18:15.000
you could lose the money you have for a down payment.
00:18:15.000 –> 00:18:17.000
So I don’t recommend doing that.
00:18:17.000 –> 00:18:21.000
I don’t recommend taking line. Some people actually know that they —
00:18:21.000 –> 00:18:23.000
we talked about mortgages a couple episodes ago.
00:18:23.000 –> 00:18:26.000
Some people actually do take line to credit against their home to play at the stock market.
00:18:26.000 –> 00:18:34.000
Don’t do that. Don’t take good, solid equity in your home and do something crazy with it,
00:18:34.000 –> 00:18:36.000
like messing around at the stock market.
00:18:36.000 –> 00:18:44.000
The stock market’s only good if you’re planning for your future or if you’re thinking about possibly making some investments.
00:18:44.000 –> 00:18:47.000
There’s nothing wrong with that.
00:18:47.000 –> 00:18:53.000
But again, it’s one of those things. I don’t recommend taking equity in your home to try to make money.
00:18:53.000 –> 00:18:58.000
Some people say, “Oh, I’ll take money out of my home, mess around, and I’ll make a ton of money and then pay my house off.”
00:18:58.000 –> 00:19:03.000
No, it doesn’t work that way. Very rarely does that ever, ever work.
00:19:03.000 –> 00:19:06.000
So be very, very smart about things.
00:19:06.000 –> 00:19:10.000
Know what you’re buying. Know what you’re doing.
00:19:10.000 –> 00:19:13.000
Very important.
00:19:13.000 –> 00:19:18.000
So some other things, folks, I want to talk about as well, as far as the stock market goes.
00:19:18.000 –> 00:19:25.000
One of the things that I strongly recommend with the stock market is if you’re going —
00:19:25.000 –> 00:19:27.000
you get to check it every week. There are free phone apps.
00:19:27.000 –> 00:19:30.000
Obviously, if you’re iPhone or something like that, you can check it weekly.
00:19:30.000 –> 00:19:35.000
You want to make sure that when you do buy — if you are going to buy stock,
00:19:35.000 –> 00:19:39.000
one of the things you’re definitely going to want to do is most of these sites,
00:19:39.000 –> 00:19:46.000
they have to release what they call yearly quarterly reports to investors.
00:19:46.000 –> 00:19:48.000
You can go on any of these company sites.
00:19:48.000 –> 00:19:51.000
Usually you have to request them. Nowadays, you don’t have to.
00:19:51.000 –> 00:19:52.000
You can go to their corporate sites.
00:19:52.000 –> 00:19:56.000
I would take the time and just — no, you have to necessarily go through it thoroughly
00:19:56.000 –> 00:19:58.000
because some of these quarterly reports are pretty in-depth to read.
00:19:58.000 –> 00:20:02.000
But take the time. If you know you’re going to buy a stock,
00:20:02.000 –> 00:20:06.000
this is where I come buying a stock that’s a track record works.
00:20:06.000 –> 00:20:11.000
Go grab — go on the Internet, download a couple of their quarterly earnings reports,
00:20:11.000 –> 00:20:13.000
and just read through them. See if the company has lost any money.
00:20:13.000 –> 00:20:16.000
See what the company’s future is. See what their plans are
00:20:16.000 –> 00:20:17.000
because they are going to release that.
00:20:17.000 –> 00:20:21.000
If you see — I’ll give you a perfect example.
00:20:21.000 –> 00:20:24.000
Say Facebook. They’re going to be doing something with virtual reality.
00:20:24.000 –> 00:20:28.000
Well, that could be a worthwhile investment if you think that’s going to be something
00:20:28.000 –> 00:20:31.000
that you think is going to be big in the next year or two.
00:20:31.000 –> 00:20:33.000
You may want to think about that.
00:20:33.000 –> 00:20:39.000
Say, “Hey, Facebook is doing this thing with virtual reality.
00:20:39.000 –> 00:20:43.000
That’s their plan. Let’s see about this.”
00:20:43.000 –> 00:20:46.000
You may be looking to say — give you a prime example.
00:20:46.000 –> 00:20:49.000
You may say, “Oh, hey, this company that I’m thinking about buying
00:20:49.000 –> 00:20:53.000
is looking to get a big government contract with this other company.
00:20:53.000 –> 00:20:55.000
Maybe this would be a good investment,
00:20:55.000 –> 00:20:58.000
especially if you think the contract is going to go through.”
00:20:58.000 –> 00:21:02.000
A lot of people bought Johnson Controls and Tyco recently
00:21:02.000 –> 00:21:06.000
because they knew they were hearing about this possible merger,
00:21:06.000 –> 00:21:08.000
possible merger, possible merger, and it didn’t.
00:21:08.000 –> 00:21:10.000
People made good money on their stock.
00:21:10.000 –> 00:21:14.000
Now, here’s the thing that didn’t work out sometimes with this.
00:21:14.000 –> 00:21:18.000
Look at Foxconn, the company that makes all Apple’s products,
00:21:18.000 –> 00:21:19.000
manufactures them.
00:21:19.000 –> 00:21:21.000
They were going to buy Sharp copiers.
00:21:21.000 –> 00:21:25.000
People bought tons of Sharp stock and tons of other stock thinking,
00:21:25.000 –> 00:21:27.000
“Oh, hey, hey, this is going to be a good investment. I’m going to make a lot of money.”
00:21:27.000 –> 00:21:30.000
And then the merger never happened and the stocks plummeted.
00:21:30.000 –> 00:21:33.000
So you’ve got to be careful with that.
00:21:33.000 –> 00:21:39.000
I’m not saying it’s something you can do, but it’s risky.
00:21:39.000 –> 00:21:43.000
So like I said, it just comes down to knowing what you’re buying.
00:21:43.000 –> 00:21:50.000
Some other things, folks, as well, what you may want to do is take the time,
00:21:50.000 –> 00:21:54.000
like I said, go through and look through these companies.
00:21:54.000 –> 00:21:56.000
Xerox, look at them, okay?
00:21:56.000 –> 00:21:59.000
They’re another stock that used to be performed great.
00:21:59.000 –> 00:22:00.000
Last couple of years, they’ve been struggling.
00:22:00.000 –> 00:22:02.000
Not selling as many copiers as they used to.
00:22:02.000 –> 00:22:04.000
They’re trying to get into other software markets.
00:22:04.000 –> 00:22:06.000
They’re trying to get into doing payroll now.
00:22:06.000 –> 00:22:12.000
They’re trying everything to try to rebound from all these tough years they’ve had.
00:22:12.000 –> 00:22:15.000
They’ve had a tough couple of years, so they’re trying to find a way to rebound.
00:22:15.000 –> 00:22:16.000
ADP is the same thing.
00:22:16.000 –> 00:22:21.000
They’re a huge payroll company, but they’re looking to ways to try to expand their business
00:22:21.000 –> 00:22:25.000
because they’re not doing what they used to, okay?
00:22:25.000 –> 00:22:26.000
Now, look at Oracle.
00:22:26.000 –> 00:22:28.000
Oracle has completely changed.
00:22:28.000 –> 00:22:34.000
Larry Ellison, obviously, he’s not the CEO anymore, but he still — at the moment he comes in.
00:22:34.000 –> 00:22:38.000
Larry Ellison is the largest owner of Oracle, so ultimately, again, he owns the company.
00:22:38.000 –> 00:22:44.000
But he’s trying to work with the development platform now to try to see what they’re going to do for development
00:22:44.000 –> 00:22:47.000
and stuff like that, and they’ve got a lot of neat stuff coming out for that.
00:22:47.000 –> 00:22:52.000
However, as great as their stuff that they’ve come out has been, their stock has been kind of stagnant.
00:22:52.000 –> 00:22:56.000
So if you buy Oracle stock, it’s not performing that well.
00:22:56.000 –> 00:23:00.000
So that might be something — just because a company is coming out with good products
00:23:00.000 –> 00:23:06.000
does not always mean that it’s going to — their stock’s going to go up.
00:23:06.000 –> 00:23:13.000
So you have to look at the news, look at the charts, look at all that to know roughly where the stock’s going to go.
00:23:13.000 –> 00:23:15.000
It’s hard to predict.
00:23:15.000 –> 00:23:17.000
It really is hard to predict, folks.
00:23:17.000 –> 00:23:21.000
But if you follow it enough, you’ll get to see the trends.
00:23:21.000 –> 00:23:23.000
Trust me when I tell you.
00:23:23.000 –> 00:23:27.000
If you follow it enough, you will get to know the trends.
00:23:27.000 –> 00:23:30.000
I’m going to say that again.
00:23:30.000 –> 00:23:35.000
Know the market before you buy.
00:23:35.000 –> 00:23:39.000
Another thing too is — I’m going to tell you this, folks.
00:23:39.000 –> 00:23:44.000
Warren Buffett says this all the time, “When the market is down is when you buy.”
00:23:44.000 –> 00:23:49.000
What that means is on the day the market tanks a little bit —
00:23:49.000 –> 00:23:51.000
what’s the market’s up and down every day? We all know that.
00:23:51.000 –> 00:23:55.000
But when the market goes down a little bit, that is when you’re going to buy your stock.
00:23:55.000 –> 00:23:58.000
Try not to buy it on a day that’s going up and up and up and up.
00:23:58.000 –> 00:24:02.000
Because normally if it goes up, up, up, up, it’s going to go down, down, down the next day.
00:24:02.000 –> 00:24:04.000
That’s just the way it is.
00:24:04.000 –> 00:24:10.000
If stocks jump 10, 20 points a day, normally they will — the next day will drop quite a bit.
00:24:10.000 –> 00:24:14.000
So very important there information.
00:24:14.000 –> 00:24:17.000
Again, you’ll start knowing the stock market trends.
00:24:17.000 –> 00:24:19.000
You will start seeing things.
00:24:19.000 –> 00:24:24.000
One of the things you are going to notice too is if a company releases a quarterly earnings report,
00:24:24.000 –> 00:24:28.000
and the quarterly earnings report is really, really good, the stock market will go up.
00:24:28.000 –> 00:24:34.000
If the stock market — if they release a quarterly earnings report and it’s not really that great,
00:24:34.000 –> 00:24:38.000
usually the stock will go down. That’s normal.
00:24:38.000 –> 00:24:41.000
I think one of the primary examples is Steve Jobs.
00:24:41.000 –> 00:24:47.000
When Steve Jobs’ health was not in the greatest — health wasn’t the greatest at one point.
00:24:47.000 –> 00:24:53.000
When he came up on stage looking very sickly, Apple stock used to tank.
00:24:53.000 –> 00:24:56.000
That was something that went on towards the end of his life.
00:24:56.000 –> 00:25:01.000
When he went on stage to unveil the iPad, how sickly he looked despite Apple releasing a new product,
00:25:01.000 –> 00:25:04.000
their stock market went down because Jobs looked so bad.
00:25:04.000 –> 00:25:07.000
So stuff like that does affect the stock market.
00:25:07.000 –> 00:25:12.000
The amount of news coverage that a company gets for a new product or the amount of news coverage they get
00:25:12.000 –> 00:25:16.000
in general will make the stock go up or down.
00:25:16.000 –> 00:25:18.000
I will tell you, if you get a good work —
00:25:18.000 –> 00:25:22.000
Oracle doesn’t really get a lot of mainstream attention, folks, so you’re not going to see their stock go up.
00:25:22.000 –> 00:25:26.000
Like when Facebook or when Google releases a new product or something new,
00:25:26.000 –> 00:25:30.000
usually the stock will go up, but that’s because they get a lot of press compared to others.
00:25:30.000 –> 00:25:34.000
Microsoft is another one too, that normally when they release new products,
00:25:34.000 –> 00:25:36.000
their stock doesn’t really move that much.
00:25:36.000 –> 00:25:38.000
That’s just the way it is.
00:25:38.000 –> 00:25:43.000
It depends on the market sometimes where it goes, but that’s something you’re going to notice.
00:25:43.000 –> 00:25:49.000
When you see certain companies, when they release new products, you’ll see the stock go up.
00:25:49.000 –> 00:25:51.000
But some companies won’t.
00:25:51.000 –> 00:25:54.000
Oracle does not go up when new products come out.
00:25:54.000 –> 00:25:57.000
IBM does not skyrocket when new products come out.
00:25:57.000 –> 00:26:05.000
IBM, when they have huge acquisitions, they spend billions to buy companies, their stock doesn’t move.
00:26:05.000 –> 00:26:09.000
That’s just the way sometimes some of these stocks are.
00:26:09.000 –> 00:26:15.000
It doesn’t mean it’s a bad stock, it just means that the press coverage they got didn’t skyrocket the stock.
00:26:15.000 –> 00:26:19.000
Enough people didn’t see the news and buy it that day to make the stock go up.
00:26:19.000 –> 00:26:23.000
That’s just unfortunately sometimes the nature of the stock market.
00:26:23.000 –> 00:26:27.000
Is it right? No, but that’s just the way the market works sometimes.
00:26:27.000 –> 00:26:32.000
So some other things, folks, as well about the market.
00:26:32.000 –> 00:26:36.000
We’ll wrap it up here in a minute, but some things I do want you to know, folks, as well.
00:26:36.000 –> 00:26:40.000
Entertainment stock is a tough thing, like WTV stock.
00:26:40.000 –> 00:26:43.000
That’s a stock that goes up and down all the time.
00:26:43.000 –> 00:26:45.000
That’s a pretty vital stock.
00:26:45.000 –> 00:26:49.000
They’ve had a couple of rough years the last two years, three years with WTV Network.
00:26:49.000 –> 00:26:52.000
They’ve been up and down quite a bit.
00:26:52.000 –> 00:27:00.000
They get a lot of press coverage out of that, but their stock doesn’t go up and down that much.
00:27:00.000 –> 00:27:07.000
Stuff like AOL and some of that years ago, that used to be a worthwhile investment.
00:27:07.000 –> 00:27:09.000
Stuff like that, not really anymore.
00:27:09.000 –> 00:27:17.000
All the TV stocks like Time Warner, Comcast, even DirecTV.
00:27:17.000 –> 00:27:21.000
DirecTV can be a pretty good stock at times, but Indish can be okay sometimes, too.
00:27:21.000 –> 00:27:25.000
All the cable companies are all hurting right now, so all their stocks are not doing that great.
00:27:25.000 –> 00:27:27.000
You’re not going to see much growth in that area.
00:27:27.000 –> 00:27:32.000
I know a lot of people say all the time, “Well, why wouldn’t you buy cable stock?”
00:27:32.000 –> 00:27:39.000
Because cable is a company that slowly…
00:27:39.000 –> 00:27:43.000
I don’t want to say it’s dying, but people do not have cable television like they used to.
00:27:43.000 –> 00:27:48.000
Cable companies are doing everything in their power to try to keep people from cutting cable now.
00:27:48.000 –> 00:27:54.000
I would not recommend buying a cable company, stock in a cable company.
00:27:54.000 –> 00:27:57.000
The truth of the matter is, that trend is dying.
00:27:57.000 –> 00:28:00.000
It’s not what it used to be. It’s just not.
00:28:00.000 –> 00:28:04.000
Now, if you said to me, “Well, why don’t I stock in Walt Disney?”
00:28:04.000 –> 00:28:08.000
I would say, “Well, yeah, that’s a good buy. Their parks are always doing good.
00:28:08.000 –> 00:28:15.000
Things are always going up with them. They’re always releasing good movies. They’re always making a fortune.”
00:28:15.000 –> 00:28:18.000
That’s probably a good worthwhile investment for an entertainment company.
00:28:18.000 –> 00:28:20.000
If you said, “Well, I want WWE.” I’d say, “Nah, not really.”
00:28:20.000 –> 00:28:26.000
If you said to me, “I want to buy stock in Comcast.”
00:28:26.000 –> 00:28:30.000
I would say, “These companies say all the time.”
00:28:30.000 –> 00:28:32.000
If you read the Wall Street Journal, you’ll know this.
00:28:32.000 –> 00:28:35.000
Those cable companies saying all the time, they’re losing people left and right.
00:28:35.000 –> 00:28:38.000
They can’t keep people anymore.
00:28:38.000 –> 00:28:41.000
People are not watching cable. They’re just not.
00:28:41.000 –> 00:28:45.000
So that’s a company that would say, “Yeah, I wouldn’t recommend buying any cable companies.”
00:28:45.000 –> 00:28:49.000
Stay away from any of that stuff. Time Warner, Comcast, any of those.
00:28:49.000 –> 00:28:51.000
They’re not strong companies right now.
00:28:51.000 –> 00:28:54.000
Cell phone companies, you’ve got to be careful too. Sprint, stuff like that.
00:28:54.000 –> 00:28:56.000
They’re not performing that well.
00:28:56.000 –> 00:28:59.000
Even Verizon. Verizon stock.
00:28:59.000 –> 00:29:10.000
Verizon is a strong company. They’re still doing semi-strong, but a lot of their funding, their income, is being derived from the cell phones.
00:29:10.000 –> 00:29:15.000
You really need a company that’s struggling.
00:29:15.000 –> 00:29:17.000
People aren’t getting landline phones anymore.
00:29:17.000 –> 00:29:20.000
So they’re a company that’s really been struggling over the years.
00:29:20.000 –> 00:29:22.000
It’ll be the last two, three, four years.
00:29:22.000 –> 00:29:29.000
So be very careful if you’re going to think about purchasing one of them because they’re not doing as well as they should.
00:29:29.000 –> 00:29:32.000
Especially with this Verizon strike going on right now that’s really hurting their stock prices.
00:29:32.000 –> 00:29:40.000
There’s a lot of them. Be very cautious though too, folks, of startups.
00:29:40.000 –> 00:29:42.000
I know a lot of people want to get into the ground floor.
00:29:42.000 –> 00:29:44.000
Be careful of startups.
00:29:44.000 –> 00:29:46.000
You always want to be careful.
00:29:46.000 –> 00:29:49.000
I see a lot of people say there’s a startup company looking to raise revenue.
00:29:49.000 –> 00:29:52.000
They’re going to IPO soon.
00:29:52.000 –> 00:29:56.000
They created this app. It’s really cool.
00:29:56.000 –> 00:29:57.000
I’m going to get into the ground floor.
00:29:57.000 –> 00:29:58.000
You’ve got to be careful.
00:29:58.000 –> 00:30:04.000
A lot of those dot coms and the app startups, they’re very, very, very risky.
00:30:04.000 –> 00:30:07.000
I can see about 10 of them off the top of my head right now.
00:30:07.000 –> 00:30:14.000
And you probably never even heard of them because they were popular and then they just basically, boom, went out of business.
00:30:14.000 –> 00:30:22.000
And dot coms and app companies, I’m a big supporter of those guys and a lot of great stocks are tech stocks.
00:30:22.000 –> 00:30:27.000
And I really mostly would only buy tech stocks because technology is not going away.
00:30:27.000 –> 00:30:33.000
But you’ve got to be careful with those because some of those early, early startups generally go out of business really fast.
00:30:33.000 –> 00:30:35.000
So you’ve got to be really careful.
00:30:35.000 –> 00:30:39.000
I know a friend of mine, and this is nothing to do with a stock market, but I know a friend of mine, his son was writing an app.
00:30:39.000 –> 00:30:44.000
He gave his son, I think, $10,000 to write this app because he also sent a good idea and his son just never took off for him.
00:30:44.000 –> 00:30:48.000
Great app, but it just didn’t take off.
00:30:48.000 –> 00:30:53.000
Sometimes an app is always good for those people that are going to use it, just like anything else.
00:30:53.000 –> 00:31:00.000
So be very careful about anything early startups or early IPOs, anything like that.
00:31:00.000 –> 00:31:03.000
You’ve got to be careful with that stuff especially.
00:31:03.000 –> 00:31:10.000
And one of the other people that said you want to be careful with, like I know a lot of people, and I’ll tell you a problem, I know a lot of people say it all the time,
00:31:10.000 –> 00:31:16.000
“Oh, I bought Pandora stock.” Well, why do you buy Pandora stock? Well, because I like listening to Pandora and I mean a lot of people have Pandora, it’s awesome.
00:31:16.000 –> 00:31:24.000
It’s an awesome service. But I’m going to tell you, when you actually look at their company, they’re breaking next to no money.
00:31:24.000 –> 00:31:27.000
I mean the company, by the time they pay them the price of it, it’s barely breaking even.
00:31:27.000 –> 00:31:32.000
Their stock floats around $10 a share and usually a lot of times will drop down to $8 or $6.
00:31:32.000 –> 00:31:41.000
Again, like I said, stay away from those penny stocks. As we’re A-dish Pandora’s, I love Pandora, I love listening to my Pandora account, but they’re not a strong company to be investing your money in long term.
00:31:41.000 –> 00:31:45.000
They’re just not. That’s another company you’ve got to be very leery of as well.
00:31:45.000 –> 00:31:47.000
Again, more penny stock stuff.
00:31:47.000 –> 00:31:52.000
Just because a stock isn’t a penny, it doesn’t mean it’s not a penny stock. Penny stocks aren’t anything under $10, it’s like penny stock to consider it.
00:31:52.000 –> 00:31:55.000
So that’s just something for you guys to know.
00:31:55.000 –> 00:32:03.000
And like I said, you know, something folks do, I do want to point out, a couple people have sent me questions talking about Spotify the other day on my Twitter account.
00:32:03.000 –> 00:32:06.000
A couple people had asked me about Spotify. Spotify is actually not a publicly traded company, folks.
00:32:06.000 –> 00:32:10.000
They’re a huge company, but they’re privately owned. They’ve never IPO’d.
00:32:10.000 –> 00:32:16.000
I think they said they will maybe in a year or two, but they have never publicly been traded.
00:32:16.000 –> 00:32:21.000
So, to those of you who know, those of you who are looking for a stock market, you’re not going to find it because it’s not on the stock market.
00:32:21.000 –> 00:32:25.000
Just for your information, those of you that were asking me questions about that.
00:32:25.000 –> 00:32:31.000
You know folks, I think that’s pretty much it as far as stocks go.
00:32:31.000 –> 00:32:39.000
You know, again, to give you my, I’m going to give you, like I said, I’m not a stock broker, I’m just a guy doing a podcast that knows a little bit about stocks.
00:32:39.000 –> 00:32:47.000
But if I was going to invest in anything personally, I haven’t invested in Facebook, I have some stock in that.
00:32:47.000 –> 00:32:53.000
I do have some stock in Google. I do have some stock in Amazon. I do have a little bit of stock in Netflix.
00:32:53.000 –> 00:32:56.000
Those are the four I’ve hung with because they seem to be pretty strong.
00:32:56.000 –> 00:32:58.000
And I’ve had good luck with them. Now I’ve had good luck with them.
00:32:58.000 –> 00:33:01.000
I mean, you’re going to have good luck with them because remember, I bought those stocks to you a couple years ago.
00:33:01.000 –> 00:33:04.000
Now you’re buying them now, so things have changed.
00:33:04.000 –> 00:33:09.000
Facebook will probably never go as low as I bought it ever again.
00:33:09.000 –> 00:33:13.000
I got it not too long after an IPO, so it probably will never go that low again.
00:33:13.000 –> 00:33:20.000
So you may not have this as I did with it. You may find another stock that maybe you got before I did that you’re going to do really well with.
00:33:20.000 –> 00:33:27.000
So it’s really going to depend on when you buy and how much you buy and how the company does.
00:33:27.000 –> 00:33:30.000
But those are the four that I’ve had a lot of good luck with.
00:33:30.000 –> 00:33:40.000
And, you know, I’ve had a lot of luck with it. I’ve invested some money into it just for down the road, now for my future when I retire or when I’m thinking about, you know, maybe, you know, some other things.
00:33:40.000 –> 00:33:43.000
You know, I’m getting more money and making more money there than I would be at a bank.
00:33:43.000 –> 00:33:46.000
I’m not making a lot of money, but more interest than I would make at a bank.
00:33:46.000 –> 00:33:50.000
So, but like I said, so folks, like I said, know what you’re buying.
00:33:50.000 –> 00:33:53.000
Know the company you’re buying.
00:33:53.000 –> 00:33:55.000
Know what you’re doing.
00:33:55.000 –> 00:34:02.000
If you don’t know what you’re doing, like I said, talk to somebody that does or possibly, you know, maybe think about some other different kinds of investment.
00:34:02.000 –> 00:34:04.000
We got a lot of things we can talk about on this show.
00:34:04.000 –> 00:34:07.000
And like I said, I want to thank everybody for listening.
00:34:07.000 –> 00:34:10.000
Again, survivalistpodcast.org is the website.
00:34:10.000 –> 00:34:14.000
And Twitter, survivalpod, survivalistpod.
00:34:14.000 –> 00:34:18.000
And our Facebook, facebook.com/survivalistpodcast.
00:34:18.000 –> 00:34:21.000
I want to thank everybody for listening and we will see you next show.
00:34:21.000 –> 00:34:23.000
Thank you very much.