PRIORITIZE ROTH

“Nasdaq did some research and three years after going public, almost two thirds of IPOs underperformed the broader market with most of them trailing by more than 10%. Now the top 10% of IPOs did extremely well like a meta, but those are few and far between. Once again, that's one in 10. The other 90%, a coin flip a coin flip at best, but frankly, not really a good bet.”

“But what was interesting is that in no scenario did the tilt towards traditional actually make sense. It was either a balance fifty fifty or leaning on the Roth side. So it shows you that you should always be trying to get more money into your Roth four zero one k or IRA. But you wanna be doing that at a time when you're in a relatively low tax bracket.”

“Number one is simply price. Now it sounds simple. It sounds boring, but you're talking about trend. Trend is your friend. Momentum is a factor that does work. So you have trend and then you have also pattern, which is a, you know, a type of, price analysis. Are you making higher highs and higher lows? Are you going through a consolidation period? Is it a bowler bear flag? That is understanding those patterns of price is a number one. First thing you have to learn when you're trying to analyze a stock chart.”

“As the market's still kind of digesting the fact that the face to face talks in Iran did not happen over the weekend, but they both sides signaled they're open to talking more. So just kind of this status quo semi ceasefire with a blockade. Ships are being some ships are getting through, like dry bulk carriers are getting through the Strait Of Hormuz, but multiple Iranian oil tankers have been turned around by The US blockade. So a lot of tension remains within that region.”

“Now let's say you get offered an IPO before it hits the market. Is that a good thing or a bad thing? Well, the reality is it's usually if the average investor, the everyday investor is getting an opportunity to buy an IPO before it hits markets, well, you're getting the scraps. Why? Because it's the big institutions that buy them up first. Talking about mutual funds, pension funds, hedge funds. Those that have billions of dollars that can be deployed quickly, easily.”

“Tesla's the perfect example. It's all been about the story from day one. It resonates with the public, and it allows Elon and Tesla to continue to issue more and more shares. Go look at the share count. It's just up into the right. Why? Because the investment banks can go sell more and more. It's never been a company that's about selling cars for profit. It's been about how to tell a story so we can continue to issue more shares.”

“The good thing about owning the miners is there's what's called operating leverage, which means that once you go over the cost of production, which call it is roughly $2,000 an ounce in the gold market. Now, every company is a little bit different, a little lower, a little higher, but it's in that range. For every dollar above that, that these companies are able to realize when selling that gold, that's direct profit. So if gold goes from 4,500 to 5,000, that's 500 more dollars that's going directly to profit and vice versa.”