Understanding stocks

I had that same thought. I don't know. Lol

One trick to picking a good company is to look at how heavily the executives invest in their own company. That info is available for the public to see

If an executive doesn't have much of his own money riding on the line, why should anyone else?

 

I hope good ol' Uncle Joe doesn't decimate y'all's portfolios.

 

Diversification is important in case something happens.

One thing though, if something bad enough happens that everyone's portfolios end up crush with no recovery on the way, we are all screwed anyway.

But yes, real estate is a good thing to get in to, precious metals, newly arrived crypto. If things get bad enough even emergency supplies and MREs would become a commodity.

So far all of my assets are digital. Mutual funds, bonds, equities, and crypto. I'm looking into tangibles, it bugs me I have none. One good EMP over NYC and I'm probably wiped out.

 

Bitcoin litterally has 0 value other than the speculators buying and selling it... it is a huge bubble waiting to burst .. That entire crypto market is in that space, along with tesla

 

Not exactly. If Walmart lowers their widget buy price from $5 to $2.50, and they sell the widget for $10, they made $7.50 gross profit. BUT, this increase in profit is driven by a DECREASE in expenses, in this case, the COGS (cost of goods sold). They did not increase their prices or units sold. They just decreased their selling expenses.

 

I made my first trade at the age of 17. I had 4 distinct trading periods in my life. I am on the 4th now. After learning from past mistakes, I have finally developed the techniques that have made me profitable. A lot of it has to do with a person's personal attributes. I always knew the x's and o's, but my attitude and approach is what killed me. So last year when covid hit, I took out $11,000 on a personal loan from one of my credit cards. I also added $2000 of my own money. By year's end I had turned this $13,000 into $43,000 for a gross profit of about 230%. But I made probably 200-300 trades to achieve this. There was no pie-in-the-sky, lottery strategy where you hope to pick a stock and it explodes. THAT DOESN'T WORK. I had to WORK for my profits. About 15-20 hours a week, mostly studying and adjusting strategies. I miss the road so I plan to get back to trucking in 6 weeks or so. I will probably do my trading from the road.

Three things to think about:
1-Bulls make money.
2-Bears make money.
3-Sheep get slaughtered.

If you understand these tenets, you will start to see a flicker of light. But that is just the beginning...

 

If people actually knew the definition of "money", and it's 5 characteristics, people would understand that crypto is doomed to fail. Unless there is a permanent shift in the paradigm. There will be many sheep in the slaughterhouse.

 

Not really.
You stated “ This INCREASE in revenue is driven by a DECREASE in expenses”.
What is driven by a decrease in expenses is PROFIT NOT REVENUE.
Revenue is the gross amount of sales a business does per year and is not affected by business expenses.
There is NO increase in revenue by decreasing business expenses only an increase of profit.
The only way to increase revenue is to raise prices or sell more product.
An example of this is hauling a contract load for 1000.00 and paying 200.00 in fuel to haul it.
Then the next month you haul the exact same contract load for 1000.00 and paid 150.00 for fuel because fuel prices dropped.
The revenue remained the same on both loads but profit increased on the second month load.

 

Bitcoin is weird. Institutions and companies are buying now. Cryptocurrency is pretty much a done deal. It's not going anywhere.

I own 0 Tesla.

 

After I retire I'll get into a bit more day trading.
I have in the past bought and sold on a daily basis starting around the 2008? downturn but the gains and losses were a pain at tax time and combined w multiple rental properties it became too complex I farmed out my taxes to experts and kinda lost the involvement that kept me interested and by 2012 had divested of properties and individual holding.
I've had index funds since 92 and they've done the best for me and are much less work, time and involvement wise.
I've been investing seriously since 2010 and am approaching my retirement goal...1 mil.
I recommend getting in early in your career, especially if your employer matches.