09/16/2024
I posted about Palantir (PLTR) back in July and its up over 30%.
Buy and hold for a long time..
Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Kory Sebastian Stock Market Education, Education Website, Dallas, TX.
09/16/2024
I posted about Palantir (PLTR) back in July and its up over 30%.
Buy and hold for a long time..
Stock Market Monday: How to gift your child $55,000 by investing $3 a day.
Your greatest asset is time, don't be squander it! If you'd prefer to give your newborn a head start on adulthood, rather than a luxurious adolescence, invest your $100-a-month investment into a UGMA or UTMA with a moderately aggressive index fund ( SP 500) with a 10% annual return until they're 18. By the time Jackie or Johnny can vote, they'll have close to $55,000 in their brokerage account.
UGMA and UTMA accounts are custodial accounts that let you invest on behalf of your child from the day they're born. UGMA stands for the Uniform Gift to Minors Act and UTMA is an acronym for the Uniform Transfer to Minors Act.
$55,000 is probably enough to put them through their first few years at an in-state university. If they opt out of college, that money could buy them a car to get to their first job or move them out of your basement and into their first apartment. Be warned, though: These assets will affect your child's eligibility for financial aid, so if the primary goal of the account is to cover college expenses, then you're probably better off saving through a 529 plan.
Investing in the stock market is a long-term strategy. It can take decades to see significant earnings, but the wait is worth it. Other than investing in the stock market, there are very few ways to accumulate thousands of dollars in savings for just $3 per day.
I am transparent about all of my financial trades, and you can ask me and I will tell you my truth.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. You trade at your own risk and nobody can guarantee you results.
Sebastian Stock Tips
I opened a new position in PLTR ( Palantir).
Palantir helps its clients analyze data to solve complicated problems or optimize operations by building them platforms with search features and visualizations. Its tools are primarily adopted for surveillance and security, and its biggest customers are law enforcement agencies like the FBI, CIA, and ICE, police departments and the U.S. Army.
This is a long hold for me, and i will not be selling anytime soon.
Happy Investing!
Sebastian Stock Tips: SoFI ( Social Financial), The ticker symbol is IPOE.
The Financial Services Industry is a large, broken industry and I believe SoFi can fix it.
I am really excited about this S**C which is being launched by the very intelligent venture capitalist Chamath Palihipitya. SoFi is going public under a S**C that you can buy on the market right now. This is a company that you hold long term.
SoFi is very popular. It's been around for a little while, the company started out just helping students and graduates deal with student loans. It has grown to be a full-fledged banking style operation and recently received conditional approval for its National Bank charter application.
SoFi makes money from lending products like student loan refinancing, personal loans, mortgages, credit cards, and automated and active investments. This company makes money from these products by securitization and selling the loans to investors like pension funds and insurance funds. These buyers pay premium upfront for future cash flows. SoFi has 1.8 million members and counting.
When IPOE and SoFi merge the deal will provide SoFi with $2.4 billion in cash proceeds.
*I hold a large position in this company*
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. Although I am doing quite well for myself, these results don't mean it can be done for you.
You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
It's time to get back to hosting my Stock Market Classes.
In 2 weeks, I will be hosting a FREE introduction to Day Trading Class, that will focus on Fundamental and Technical analysis. I want to introduce you to common methodology and vocabulary.
My goals for the class are simple. I want to help you learn a new skillset. Even if you don't decide to day trade, you will become more knowledge about the topic.
A signup sheet will be coming soon.
(RKT) Rocket Mortgage, parent company to quicken loans, just IPO’d last month and they are already taking off. 🚀 🚀
They just had earnings and crushed it.
A lot of people ask me about Day Trading, and my routine for it.
Day traders DO NOT trade for 40 hours per week like a "normal" person works their job. I prepare for 25 or more hours per week, but my actual trading is MOST EFFICIENT for just that first hour of the day.
My biggest struggle when I first started to Day Trade was appreciating this reality; that the big money is made from 9:30-10:30, and sticking around much longer is most often a bad idea.
The Day Trading Strategies I use are simple, yet complex:
The first thing I always do is get a feel for the overall markets: I listen/watch CNBC and search for headlines. I start trading the premarket around 7:30 am with very small position sizes.
During this time, and as I'm filtering through my scans, I ALWAYS check the day charts of the stocks I'm interested in. I ask myself, "what is this supposed to do today; which way will it end based on a swing traders perspective?"
At 9:30 am I'm usually hyper-focused on 1-2 stocks. I'm waiting for confirmation that my pre-market analysis is panning out. If we get a clear cut 5-minute candle (green, or red), I'll usually play that direction till about 9:45 am (scalping profits, and reentering on pull backs). Again, though, things can change very quickly
By this 9:45am my attention is now spread over about 3-6 stocks, and anything that's hitting my momentum scanners. Again, I'm looking for reversal dojis on the 5-min chart (or anything else that would indicate a reversal), and using the 1-min chart to enter, scale in, exit, etc.
I dislike trading after 10:00/10:30 am, so my goal is to set it, and forget it from here on. My goal is to be done after I've closed out the trades I took at 9:45. After a short break, I'll come back to the computers, and see if there's anything else worth taking a "set it/ forget it" type trade..., and then I'll handle other business .
I’m going to host a Day Trading Class sometime this month. Sign up will be advertised in a next few weeks.
My Philosophy:
Day Trade for your Mortgage Payment.
use your 9-5 to invest with
Travel with your Dividends
Sometimes we are our own worst enemy.
I made a post about conducting a FREE Stock Market class. I setup a class..
200 people said they would show up, only 18 people attended.
You have to want to break the chains of oppression, as it relates to financial ignorance. If you don’t learn and teach your children/family , how will they get ahead and become financially literate.
What you don’t don’t know or learn financially, WILL hurt and hold you back.
I will be hosting another webinar this Sunday, I expect more participation in the future.
Allow me to help you build generational wealth.
Sign up information is below:
Date: Sunday 7/12/20
Time: 3pm-5pm CST
Join Zoom Meeting
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I have updated my list of my favorite companies to invest in for the second half of the year.
I have positions in all of these companies and I’m holding for at least 6 months.
Draft Kings
Work Horse
GAN
Blink
Chegg
Zoom
WKHS..
Sebastian's Stock Recommendations: FireEye (FEYE)
* Currently holding a position for the next 12-24 months*
What do they do?
FireEye provides Cyber Security and threat detection services that intercept attacks before they breach a network. Over the past few years, FireEye pivoted away from on-site appliances toward cloud-based services.
FireEye serves over 8,200 customers across 103 countries, including roughly half of the Forbes Global 2000.
They have gained more than 74% since the beginning of the year, For 2020, FireEye expects its revenue to rise 5%-6%, with just 0%-3% billings growth.
There are other companies that compete with them, who have a bigger footprint and larger name in the industry. Palo Alto Networks (NYSE:PANW), CyberArk (NASDAQ:CYBR) or Check Point (NASDAQ:CHKP). All three stocks currently trade far above their IPO prices.
Could this be a long term hold? I am not exactly sure, but I like this in my portfolio for the next 1-2 years. FireEye remains a potential buyout target for Cisco, Broadcom's Symantec, and other tech giants.
It's up to YOU, to do your research and make a wise/ sound decision with your money.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. Although I am doing quite well for myself, these results don't mean it can be done for you.
You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.