Blossom — Social Investing Community: Real Portfolios, Trades & Market Insights
This is a more abstract and risk investment
My general thoughts on crypto is that it’s an expensive technology was not a lot of use cases.
However, I believe that 24 seven trading will have to use the centralised exchanges and the Ethereum or Solana networks. I’d like you to be used in some capacity here.
My general thoughts on crypto is that it’s an expensive technology was not a lot of use cases.
However, I believe that 24 seven trading will have to use the centralised exchanges and the Ethereum or Solana networks. I’d like you to be used in some capacity here.
0 views
Long-term investing goals
📊 Long-Term Investing: The Power of Thorough Analysis
When it comes to long-term investing, understanding the fundamentals of a stock is crucial. It’s not just about jumping on trends; it’s about making informed decisions based on solid data. This chart breaks down the essential financial statements—Balance Sheet, Income Statement, and Cash Flow Statement—that every investor should analyze before committing to a stock.
🔍 Balance Sheet: This tells you about the company’s financial health, specifically its assets, liabilities, and equity. A healthy balance sheet is a sign of stability and resilience.
💸 Income Statement: This shows the company’s profitability by detailing revenue, expenses, and profits. A strong income statement indicates a company that’s generating profits, a key factor for long-term growth.
💰 Cash Flow Statement: This reveals how the company manages its cash, from operations to investments and financing. Positive cash flow is essential for sustaining operations and fueling future growth.
By mastering these fundamentals, you can make smarter investment choices that stand the test of time. Remember, successful long-term investing isn’t about timing the market; it’s about time in the market, supported by thorough analysis.
$VGT $TXN $QQQ $AAPL$META
#InvestSmart #LongTermInvesting #FinancialLiteracy #StockMarketAnalysisread more
When it comes to long-term investing, understanding the fundamentals of a stock is crucial. It’s not just about jumping on trends; it’s about making informed decisions based on solid data. This chart breaks down the essential financial statements—Balance Sheet, Income Statement, and Cash Flow Statement—that every investor should analyze before committing to a stock.
🔍 Balance Sheet: This tells you about the company’s financial health, specifically its assets, liabilities, and equity. A healthy balance sheet is a sign of stability and resilience.
💸 Income Statement: This shows the company’s profitability by detailing revenue, expenses, and profits. A strong income statement indicates a company that’s generating profits, a key factor for long-term growth.
💰 Cash Flow Statement: This reveals how the company manages its cash, from operations to investments and financing. Positive cash flow is essential for sustaining operations and fueling future growth.
By mastering these fundamentals, you can make smarter investment choices that stand the test of time. Remember, successful long-term investing isn’t about timing the market; it’s about time in the market, supported by thorough analysis.
$VGT $TXN $QQQ $AAPL$META
#InvestSmart #LongTermInvesting #FinancialLiteracy #StockMarketAnalysisread more
564K views
My personal belief is that GOOG has the highest chance to “win” at ai. They were the first and are still the only company fully vertically intergrated with AI from the chips all the way to the model layer.
They have:
-TPU (have been developed for 10 years) reducing inference costs
- Google cloud - huge chip access (at reduced costs due to not paying NVidia mark ups) plus when AI demand grows they win. Regardless of the model used
- they have GEMINI which is not a frontier model atm but still a top tier model none the less
- distribution - the largest majority of internet traffic runs through Google - that’s a lot of eyeballs (search, YouTube, Gmail) Gemini already effective intergrated across products
- data - this is the least talked about and most undervalued source of value creation that they have. Google owns the most expensive and in-depth data of any company on earth. This is great for training and utilising AI deployment.
For this I’m willing to pay a premium valuation (the current PE is misleading. The one time anthropic gain skews the numbers)read more
They have:
-TPU (have been developed for 10 years) reducing inference costs
- Google cloud - huge chip access (at reduced costs due to not paying NVidia mark ups) plus when AI demand grows they win. Regardless of the model used
- they have GEMINI which is not a frontier model atm but still a top tier model none the less
- distribution - the largest majority of internet traffic runs through Google - that’s a lot of eyeballs (search, YouTube, Gmail) Gemini already effective intergrated across products
- data - this is the least talked about and most undervalued source of value creation that they have. Google owns the most expensive and in-depth data of any company on earth. This is great for training and utilising AI deployment.
For this I’m willing to pay a premium valuation (the current PE is misleading. The one time anthropic gain skews the numbers)read more
0 views
🔥 The Blossom Product Team Grows!!
Very excited to welcome @austinxmoney as Blossom’s first Product Manager!!
Up until now, I’ve been leading product but it’s challenging giving it my full focus while jugging other CEO priorities, so I am so pumped to have someone fully dedicated to support me in improving the app for this amazing community 💕
Austin brings 6 years experience as a PM from eBay and other startups and has also been a Blossom member and shareholder for over a year 🔥 He’ll be working closely with our amazing designer @sophii.svg to ideate and design new features and will be active in the community to make sure we are always listening to all of your incredible feedback
🥳 Lot’s of exciting things in store for this week (big update coming on Wednesday) and for the rest of the year!
👏 Help me give a warm welcome to @austinxmoney in the comments!
Up until now, I’ve been leading product but it’s challenging giving it my full focus while jugging other CEO priorities, so I am so pumped to have someone fully dedicated to support me in improving the app for this amazing community 💕
Austin brings 6 years experience as a PM from eBay and other startups and has also been a Blossom member and shareholder for over a year 🔥 He’ll be working closely with our amazing designer @sophii.svg to ideate and design new features and will be active in the community to make sure we are always listening to all of your incredible feedback
🥳 Lot’s of exciting things in store for this week (big update coming on Wednesday) and for the rest of the year!
👏 Help me give a warm welcome to @austinxmoney in the comments!
5,166 views
Yahoooo! Thanks thanks thanks!
A new milestone on @blossom for me. Thank you 7000 times for 7000 followers!! 🚀
I really appreciate everyone who follows along and reads my posts or distribution/dividend announcements since 3 years now
If only 1 out of every 7 of you decided to follow me on my new YouTube channel, I’d honestly be so happy. 😊
It took me a while to finally decide to start this channel. My wife really doesn’t want me showing my real face on the internet, and I completely respect that because we both want to protect our privacy. So I decided to create an avatar that looks a lot like me without being exactly me… although he definitely dresses like me! 😂
That also means I have to create my characters, write my scripts, generate voices and video sequences with AI, and then edit everything together. It takes a LOT more time — and can sometimes be VERY frustrating 🤣 — compared with simply sitting in front of a laptop, turning on a camera and talking.
But along the way, I discovered something I really enjoy. It allows me to develop my creative, cinematic and humorous side, while talking about investing and trying to share useful information without making finance boring.
Hopefully, one day the channel can generate a few dollars — even if it’s just enough to cover the cost of the AI tools I currently pay for out of my own pocket to create these videos.
I may be retired, but somehow I’ve managed to give myself a new unpaid job! 😂 It takes a lot of time and some money… but while I’m making videos, at least I’m not cleaning the house. Watch Episode 14 about Procter & Gamble and you’ll understand. 🤣
More seriously, I’d genuinely love to hear your feedback and comments about the channel. My goal is to keep entertaining you while sharing information about investing, new investment products, distributions and dividends.
And if you enjoy what I’m creating, subscribing to the channel would probably be the nicest little way you could support what I’m building. ❤️
https://youtube.com/@andypiimedia
https://youtu.be/TokPcifO3vo
I was happy when I reached 5K, now 7000 wow! Thank you to read me almost each day. read more
I really appreciate everyone who follows along and reads my posts or distribution/dividend announcements since 3 years now
If only 1 out of every 7 of you decided to follow me on my new YouTube channel, I’d honestly be so happy. 😊
It took me a while to finally decide to start this channel. My wife really doesn’t want me showing my real face on the internet, and I completely respect that because we both want to protect our privacy. So I decided to create an avatar that looks a lot like me without being exactly me… although he definitely dresses like me! 😂
That also means I have to create my characters, write my scripts, generate voices and video sequences with AI, and then edit everything together. It takes a LOT more time — and can sometimes be VERY frustrating 🤣 — compared with simply sitting in front of a laptop, turning on a camera and talking.
But along the way, I discovered something I really enjoy. It allows me to develop my creative, cinematic and humorous side, while talking about investing and trying to share useful information without making finance boring.
Hopefully, one day the channel can generate a few dollars — even if it’s just enough to cover the cost of the AI tools I currently pay for out of my own pocket to create these videos.
I may be retired, but somehow I’ve managed to give myself a new unpaid job! 😂 It takes a lot of time and some money… but while I’m making videos, at least I’m not cleaning the house. Watch Episode 14 about Procter & Gamble and you’ll understand. 🤣
More seriously, I’d genuinely love to hear your feedback and comments about the channel. My goal is to keep entertaining you while sharing information about investing, new investment products, distributions and dividends.
And if you enjoy what I’m creating, subscribing to the channel would probably be the nicest little way you could support what I’m building. ❤️
https://youtube.com/@andypiimedia
https://youtu.be/TokPcifO3vo
I was happy when I reached 5K, now 7000 wow! Thank you to read me almost each day. read more
2,388 views
Why I’m Happy Renting Right Now
My wife and I rent right now, and I'm very happy with that decision currently. We get flexibility, we don't have to worry about replacing a roof or furnace, and we can move when life changes without selling a house first.
Owning can be awesome when you want to stay put and make a place your own. I definitely want that eventually. But I don't see renting as throwing money away while we wait. We're paying for a place to live and for the flexibility that fits our life right now.
For us, renting works financially because we pair that flexibility with discipline. If every dollar not going to a down payment or repair bill just gets spent somewhere else, you lose one of renting's advantages. We still need to save and invest on purpose.
Has renting or owning given you more freedom at this stage of your life?
Owning can be awesome when you want to stay put and make a place your own. I definitely want that eventually. But I don't see renting as throwing money away while we wait. We're paying for a place to live and for the flexibility that fits our life right now.
For us, renting works financially because we pair that flexibility with discipline. If every dollar not going to a down payment or repair bill just gets spent somewhere else, you lose one of renting's advantages. We still need to save and invest on purpose.
Has renting or owning given you more freedom at this stage of your life?
1,598 views
McDonald's is the Place !
Did you notice $MCD ’s performance today? Down -5.XX%.
Chris Kempczinski, McDonald’s CEO, just told us this morning:
“[…] customer expectations are once again shifting and industry dynamics will remain challenging.”
That’s one way of saying consumers can’t afford a Big Mac anymore. 😆🤣
He also said:
“The industry growth algorithm is changing. We expect industry traffic growth in our wholly owned markets will be flat while inflation remains elevated.”
A little bit more straightforward on this one. Thank you, Mr. Kempczinski. 👍
He was also interviewed today, outside of their annual investor meeting, and said:
“We need to stop talking about this being a difficult environment, and just say: that is the environment. Because as we look forward, we are not expecting things to change […] we do think inflation is gonna be with us for, unfortunately, I think, many more years at an elevated level…”
Well, that couldn’t be much clearer: he doesn’t think inflation is going anywhere anytime soon.
Do you remember KTS #1? And the greatest (self-proclaimed 😂) post in the history of Blossom: “They Are Telling Us – So What Are You Waiting For?” 😂
They have one clear thing in common:
INFLATION.
Those who took the TIME to read and understand these two posts from March 2024 are now most likely prepared for high and sticky inflation.
Inflation has been here all along. But now, companies are giving up on the idea that it’s temporary.
You’re already feeling it. Is your portfolio prepared for it?
I always give you my best! 🏆
This is the Way! 🏄🌊
read more
Chris Kempczinski, McDonald’s CEO, just told us this morning:
“[…] customer expectations are once again shifting and industry dynamics will remain challenging.”
That’s one way of saying consumers can’t afford a Big Mac anymore. 😆🤣
He also said:
“The industry growth algorithm is changing. We expect industry traffic growth in our wholly owned markets will be flat while inflation remains elevated.”
A little bit more straightforward on this one. Thank you, Mr. Kempczinski. 👍
He was also interviewed today, outside of their annual investor meeting, and said:
“We need to stop talking about this being a difficult environment, and just say: that is the environment. Because as we look forward, we are not expecting things to change […] we do think inflation is gonna be with us for, unfortunately, I think, many more years at an elevated level…”
Well, that couldn’t be much clearer: he doesn’t think inflation is going anywhere anytime soon.
Do you remember KTS #1? And the greatest (self-proclaimed 😂) post in the history of Blossom: “They Are Telling Us – So What Are You Waiting For?” 😂
They have one clear thing in common:
INFLATION.
Those who took the TIME to read and understand these two posts from March 2024 are now most likely prepared for high and sticky inflation.
Inflation has been here all along. But now, companies are giving up on the idea that it’s temporary.
You’re already feeling it. Is your portfolio prepared for it?
I always give you my best! 🏆
This is the Way! 🏄🌊
read more
1,248 views
We did it! Bought a Model YL today.
I’m excited about the car, but honestly, the buying experience was pretty disappointing.
We scheduled a 10:30 appointment because we wanted to look at and test drive a Model Y Performance. When we got there, they didn’t even have that model available to demo. Then we were told someone forgot to charge the demo cars overnight, so we’d have to wait about 30 minutes before we could test drive anything.
Thirty minutes later, they came back and pointed to another couple across the showroom and told us, “They actually just scheduled the 10:00 slot, so they’ll be driving before you guys if that’s okay. We’re sorry for the inconvenience.”
So our 10:30 appointment turned into us finally getting behind the wheel around 12:00 about an hour and a half late.
Then we found out they basically had no inventory on the lot either. There were only two Model Ys available for sale, so unless one happened to be exactly what you wanted, you were out of luck.
The staff and Location was poorly managed. The sales team was unorganized, sloppy and reminiscent of the AT&T experience of “if you want it bad enough you’ll wait forever and deal with my bad attitude for it first.” vibe. And rather than focusing on one customer at a time and then moving onto the next, They decided to float from customer to customer leaving you with the similar feeling of an understaffed restaurant trying to hold it together during the rush hour.
Despite the experience, we really liked the extra space and seating configuration of the Model YL, so we begrudgingly pulled the trigger and ordered a 2027 Model YL.
This wasn’t a great look for the company stock wise. I’ve always heard amazing things about the customer service experience from Tesla but if that’s what they’re referring to they’re all blowing steam.💨
Let me know what you think ⬇️😳🫣 $TSLA read more
We scheduled a 10:30 appointment because we wanted to look at and test drive a Model Y Performance. When we got there, they didn’t even have that model available to demo. Then we were told someone forgot to charge the demo cars overnight, so we’d have to wait about 30 minutes before we could test drive anything.
Thirty minutes later, they came back and pointed to another couple across the showroom and told us, “They actually just scheduled the 10:00 slot, so they’ll be driving before you guys if that’s okay. We’re sorry for the inconvenience.”
So our 10:30 appointment turned into us finally getting behind the wheel around 12:00 about an hour and a half late.
Then we found out they basically had no inventory on the lot either. There were only two Model Ys available for sale, so unless one happened to be exactly what you wanted, you were out of luck.
The staff and Location was poorly managed. The sales team was unorganized, sloppy and reminiscent of the AT&T experience of “if you want it bad enough you’ll wait forever and deal with my bad attitude for it first.” vibe. And rather than focusing on one customer at a time and then moving onto the next, They decided to float from customer to customer leaving you with the similar feeling of an understaffed restaurant trying to hold it together during the rush hour.
Despite the experience, we really liked the extra space and seating configuration of the Model YL, so we begrudgingly pulled the trigger and ordered a 2027 Model YL.
This wasn’t a great look for the company stock wise. I’ve always heard amazing things about the customer service experience from Tesla but if that’s what they’re referring to they’re all blowing steam.💨
Let me know what you think ⬇️😳🫣 $TSLA read more
738 views
What Kind of Spender Are You?
I was listening to episode 426 of the Rational Reminder podcast and they started talking about something I really hadn’t thought much about before. We spend so much time figuring out what kind of investor we are. What’s my risk tolerance? How much risk should I take? How much do I need to save? But what about the other side of it — what kind of spender are you?
At some point the money we’re saving and investing is actually supposed to be spent. They talked about three types of spenders: Tightwads → Unconflicted Consumers → Spendthrifts. There’s actually a test for this, so of course I had to take it. I scored 15 — Unconflicted Consumer.
What am I actually saving all this money for? For me, I don’t think it’s material things anymore. When I was younger maybe it was. I’ve talked before about buying a motorcycle in my early 20s when I finally had a decent job and some money. At this point in my life, I think it’s experiences.
My wife and I are celebrating our 15th wedding anniversary and we’re going away together for 10 days. We’re spending more on this trip than we normally would, and I’m completely okay with that. We’ve both worked hard, we’re busy raising our kids, and life seems to move faster every year. Ten days where we can get away together, slow things down and celebrate 15 years of marriage means something to me. That’s something I’m willing to spend money on.
Someone else might look at what we’re spending and think that’s crazy. But maybe they’ve dreamed about owning a Mustang for 30 years and that’s what they want to spend their money on. I’d probably look at the Mustang and think… nope. But that’s the point. What do YOU want to spend your money on?
I think we spend so much time learning how to save and invest that we don’t really think about what happens when it’s finally time to spend it. If you’re a natural saver or a “tightwad,” after 30 or 40 years of telling yourself NOT to spend money, can you suddenly flip that switch in retirement?
Apparently I’m an Unconflicted Consumer, so maybe I’ve got a fighting chance.
If you want to try the University of Michigan test, here it is:
https://umich.qualtrics.com/jfe/form/SV_55xxAQrYK0WRlY2
Take it and post your score. I’m curious where everyone falls.
read more
At some point the money we’re saving and investing is actually supposed to be spent. They talked about three types of spenders: Tightwads → Unconflicted Consumers → Spendthrifts. There’s actually a test for this, so of course I had to take it. I scored 15 — Unconflicted Consumer.
What am I actually saving all this money for? For me, I don’t think it’s material things anymore. When I was younger maybe it was. I’ve talked before about buying a motorcycle in my early 20s when I finally had a decent job and some money. At this point in my life, I think it’s experiences.
My wife and I are celebrating our 15th wedding anniversary and we’re going away together for 10 days. We’re spending more on this trip than we normally would, and I’m completely okay with that. We’ve both worked hard, we’re busy raising our kids, and life seems to move faster every year. Ten days where we can get away together, slow things down and celebrate 15 years of marriage means something to me. That’s something I’m willing to spend money on.
Someone else might look at what we’re spending and think that’s crazy. But maybe they’ve dreamed about owning a Mustang for 30 years and that’s what they want to spend their money on. I’d probably look at the Mustang and think… nope. But that’s the point. What do YOU want to spend your money on?
I think we spend so much time learning how to save and invest that we don’t really think about what happens when it’s finally time to spend it. If you’re a natural saver or a “tightwad,” after 30 or 40 years of telling yourself NOT to spend money, can you suddenly flip that switch in retirement?
Apparently I’m an Unconflicted Consumer, so maybe I’ve got a fighting chance.
If you want to try the University of Michigan test, here it is:
https://umich.qualtrics.com/jfe/form/SV_55xxAQrYK0WRlY2
Take it and post your score. I’m curious where everyone falls.
read more
1,890 views
Is $HDIV the Best Income ETF?
Everyone loves a high-yield Canadian dividend ETF, and $HDIV is definitely one of the most talked-about options out there right now.
A 9.70% annualized yield, monthly payouts, and 25% leverage definitely get your attention. But what are you actually buying when you pick up shares?
HDIV basically holds a basket of Canadian sector covered-call ETFs. The goal is simple: squeeze out big monthly cash flow without completely giving up on long-term growth.
And the performance numbers are pretty wild.
We decided to sit down and break the whole thing down, how that yield is actually generated, what's inside the fund, how the leverage really works, and if it makes sense for a long-term strategy.
Watch our full HDIV deep dive here 🎥
https://www.youtube.com/watch?v=HvgS8gq5iW8
Does $HDIV play a core role in your Canadian dividend strategy, or do you treat leveraged covered-call ETFs as a tactical add-on?
Let me know in the comments 👇🏻read more
A 9.70% annualized yield, monthly payouts, and 25% leverage definitely get your attention. But what are you actually buying when you pick up shares?
HDIV basically holds a basket of Canadian sector covered-call ETFs. The goal is simple: squeeze out big monthly cash flow without completely giving up on long-term growth.
And the performance numbers are pretty wild.
We decided to sit down and break the whole thing down, how that yield is actually generated, what's inside the fund, how the leverage really works, and if it makes sense for a long-term strategy.
Watch our full HDIV deep dive here 🎥
https://www.youtube.com/watch?v=HvgS8gq5iW8
Does $HDIV play a core role in your Canadian dividend strategy, or do you treat leveraged covered-call ETFs as a tactical add-on?
Let me know in the comments 👇🏻read more
32 views
From $40k in Debt and a Hospital Bed to Freedom
In my 20s, I spent 5 years pumped full of prednisone and methotrexate to fight off a rare disease, falling over $40,000 in debt, and even had to get a total hip replacement due to the prednisone destroying the bone in my left hip.
Today, I am completely financially free, in the best shape of my life, and I get to spend every day with Soniya, who never left my side, and our three kids.
If you are going through a dark time right now, please remember that it gets better. The suffering eventually ends. You just need to outlast it, and then slowly build yourself up. If I could overcome massive debt and a body trying to kill me, you can achieve your dreams too.
Let's keep working towards the lives we deserve!
I talk more about my experience in this video: https://youtu.be/PiifoiBYd04?si=pKPeVeTXJzmu7sS8
Today, I am completely financially free, in the best shape of my life, and I get to spend every day with Soniya, who never left my side, and our three kids.
If you are going through a dark time right now, please remember that it gets better. The suffering eventually ends. You just need to outlast it, and then slowly build yourself up. If I could overcome massive debt and a body trying to kill me, you can achieve your dreams too.
Let's keep working towards the lives we deserve!
I talk more about my experience in this video: https://youtu.be/PiifoiBYd04?si=pKPeVeTXJzmu7sS8
1,148 views
Help shape the future of Blossom (User Interviews)
Hey Everyone! My name is Austin and I am working at @blossom on the product team!
Our team is constantly looking for ways to improve the platform and build features you care about. I am hosting a series of 45-minute user interviews every thursday to learn more about how you use blossom today. Anyone is welcome whether you are a new or longtime user of the platform!
Interested in chatting?
Click the link to find a time that works for you. https://calendly.com/austin-blossomsocial/45min
Our team is constantly looking for ways to improve the platform and build features you care about. I am hosting a series of 45-minute user interviews every thursday to learn more about how you use blossom today. Anyone is welcome whether you are a new or longtime user of the platform!
Interested in chatting?
Click the link to find a time that works for you. https://calendly.com/austin-blossomsocial/45min
2,582 views
Rewarding yourself?
Iv sprinkled fun built into my routines. I spen about $100 on video games per month. My wife about the same on her fun. We both go out for dinner once a week. We call it Fat Fridays. My wife is from vietnam, but she has low key become addicted to Wopper Wendsdays as well.
Beyond this, We dont tie down our net worth milestones to our rewards. I think we should though. I was listening to the @karyungtom @moementumfinance podcast and the idea of 1% every $100,00 actually sounds kinda nice.
This would force us to spend. My wife and I couod both benefit from this. I might not be a very well informed investor but my wife and I budget like no other.
Beyond this, We dont tie down our net worth milestones to our rewards. I think we should though. I was listening to the @karyungtom @moementumfinance podcast and the idea of 1% every $100,00 actually sounds kinda nice.
This would force us to spend. My wife and I couod both benefit from this. I might not be a very well informed investor but my wife and I budget like no other.
782 views
S&P 500 is now just 0.8% from a record high but plenty of stocks are still down big from their highs this year:
• $EOSE -83%
• $OKLO -78%
• $OPEN -72%
• $RGTI -71%
• $JOBY -68%
• $PL -66%
• $KTOS -65%
• $AVAV -63%
• $APP -58%
• $ORCL -56%
• $CRWV -56%
• $ASTS -54%read more
• $EOSE -83%
• $OKLO -78%
• $OPEN -72%
• $RGTI -71%
• $JOBY -68%
• $PL -66%
• $KTOS -65%
• $AVAV -63%
• $APP -58%
• $ORCL -56%
• $CRWV -56%
• $ASTS -54%read more
24 views
Top 100 TFSA + Top 225 FHSA
My Wealthsimple rank:
- TFSA in the 1999 age group is 94th
- FHSA in the 25-29 age group is 214th
These are both crazy numbers and it took me 6 years to get to this result. The thing about investing is you’re either really lucky or have a sound strategy. These are the 3 things I did to get to this number without making a crazy income:
1. Consistently Invested 🎢
I learned in 2022/2023 that a lack of consistency was destroying my portfolio. I became complacent and stopped investing all together for a couple years, which ultimately diminished my total portfolio as I was not DCA’ing in to my long positions. Consistently catching red days and movement up is how you win. If you don’t participate in the market, you don’t get to reap the benefits and you also lose focus on trying to get better everyday. This goes with anything in life. You HAVE to be consistent.
2. Keeping Conviction 🤞🏾
It’s easy to see your stock go down 20% and think it’s over. That isn’t how life or the stock market works. Healthy pullbacks, market sentiment, and geopolitical conditions are all part of the game. I sold some amazing companies like $PLTR
$ATZ and $TSLA many years ago and look at where they are now. If a companies vision, financials, and performance have not changed, it is an indicator to possibly double down instead of being scared.
3. Paying Myself First ✅
This is truly the reason why my portfolio has reached this level. My money goes to my investments first. My investments have been my biggest bill for the last 3 years. Simultaneously, the markets have been extremely generous, pushing my portfolio to almost 100% in total gains. If you pay yourself first, you prevent yourself from overspending or even possibly going in to debt to live your daily life.
Moving forward my top positions that I suspect will push me even higher are $AMD $SOFI $ZNQ and $AMZN. I don’t plan on selling any of these until 2028 at the minimum. read more
- TFSA in the 1999 age group is 94th
- FHSA in the 25-29 age group is 214th
These are both crazy numbers and it took me 6 years to get to this result. The thing about investing is you’re either really lucky or have a sound strategy. These are the 3 things I did to get to this number without making a crazy income:
1. Consistently Invested 🎢
I learned in 2022/2023 that a lack of consistency was destroying my portfolio. I became complacent and stopped investing all together for a couple years, which ultimately diminished my total portfolio as I was not DCA’ing in to my long positions. Consistently catching red days and movement up is how you win. If you don’t participate in the market, you don’t get to reap the benefits and you also lose focus on trying to get better everyday. This goes with anything in life. You HAVE to be consistent.
2. Keeping Conviction 🤞🏾
It’s easy to see your stock go down 20% and think it’s over. That isn’t how life or the stock market works. Healthy pullbacks, market sentiment, and geopolitical conditions are all part of the game. I sold some amazing companies like $PLTR
$ATZ and $TSLA many years ago and look at where they are now. If a companies vision, financials, and performance have not changed, it is an indicator to possibly double down instead of being scared.
3. Paying Myself First ✅
This is truly the reason why my portfolio has reached this level. My money goes to my investments first. My investments have been my biggest bill for the last 3 years. Simultaneously, the markets have been extremely generous, pushing my portfolio to almost 100% in total gains. If you pay yourself first, you prevent yourself from overspending or even possibly going in to debt to live your daily life.
Moving forward my top positions that I suspect will push me even higher are $AMD $SOFI $ZNQ and $AMZN. I don’t plan on selling any of these until 2028 at the minimum. read more
954 views
Just wanted to say thank you
Thank you to all of my followers , we have reached
20K followers on Blossom
1.2k followers on X
Over 300 subscribers for The Edge Report Newsletter
Board of Advisors ( Option Specialist) at DividendVisions
We are working on a couple of things : building a YouTube Channel - building a portfolio and trading options in Public
Possibly a weekly live show with a media partner read more
20K followers on Blossom
1.2k followers on X
Over 300 subscribers for The Edge Report Newsletter
Board of Advisors ( Option Specialist) at DividendVisions
We are working on a couple of things : building a YouTube Channel - building a portfolio and trading options in Public
Possibly a weekly live show with a media partner read more
1,458 views
Preparing for the inevitable.
I am currently 47 years old. Unfortunately in that time frame I have lost a lot of family members. Some (most) were accidents, some to age, some to cancer, and one to suicide. That’s 11 deaths total. Only 1 person out of 11 had a will.
When you are grieving the last thing you want to do is close an estate up.
It’s even harder if nothing has been prepared in advance.
After the initial shock of the death settles (the phase where everyone is usually nice), greed comes through in a most alarming manner. I’ve watched people turn into monsters. Make sure you have a will!!!! or people will fight.
I know most people hate thinking about their death or their spouses death but honestly it’s just a fact of life.
I’ve personally been the executor of 2 estates now.
This is my advice:
1. If your young get life insurance. If you’re retired it’s not worth it.
2. Make sure you have a will.
3. Make sure you have a personal directive.
4. Make sure you have a power of attorney set up.
5. If your married make your spouse the beneficiary of your TFSA and RRSP(has to be done through the account not the will), they will roll into the spouses account without taxation.
6. If you’re married, and you own a house, make sure both names are on the title, joint tenant, NOT tenant in common. This activates right of survivorship on property and doesn’t have to go through the estate.
7. If you’re married, both people should have their name on all the vehicles, joint, otherwise it’s a headache after death.
8. Buy a file folding system. I have a plastic one that has a clasp and handle.
9. Put EVERYTHING in this file folder that would be needed if you died tomorrow.
a) all land titles
B) information on house insurance so it can either be eventually canceled or name changed over.
C) your will (or the location of your will), power of attorney, and personal directive
D) the information for your car, car insurance, and registration on vehicles.
E) information on life insurance.
F) all current year papers needed for filing your taxes. Because the survivor will have to do it and will need that information.
G) where your household bills are. ALL OF THEM, electricity, gas, Netflix, magazine, subscriptions everything you can think of that is in their name. Because you are going to have to cancel them.
H) their credit card information where to contact to cancel the cards
I) birth certificate, SIN numbers, marriage, license, etc.
J) information on all your investments accounts, bank accounts, etc.
K) anything else you can think of for your situation
If you’re married, I’d have one box per person.
When you die, the funeral home will issue many death certificates. And your lawyer will give you copies of the will.
These will be needed to change over any accounts. Everything else goes through the estate which is taxed and the lawyers take their fees so I’d avoid this as much as possible especially if you’re married. This is why having property in both people‘s names is so important because it doesn’t have to go through probate.
I am widowed now and I have my black file folder and my two remaining children know if something happens to me, all they have to do is grab the folder. Everything they need to take care of my estate will be located in this folder.
At the beginning of every year, I open this file up and go through everything to make sure it’s up-to-date.
If you are young and do not own much or can’t afford a will, you can draft one up but it must be handwritten to be classified as a legal document. You cannot type it out!! If you’re not worth much, everything will most likely be sold to pay your bills and cover your funeral expenses. But you can state who your executor will be in your handwritten will.
Disclaimer I’m not a lawyer or an accountant and this is not legal advice. Talk to a lawyer and talk to an accountant. Make sure everything is set up for you and your situation. These are situations that I personally ran into.
Good luck
Also I’ll add in. IF you have a lot of assets make an appointment with your accountant first. They will tell you how to properly set things up. Then take that information to your lawyer. read more
When you are grieving the last thing you want to do is close an estate up.
It’s even harder if nothing has been prepared in advance.
After the initial shock of the death settles (the phase where everyone is usually nice), greed comes through in a most alarming manner. I’ve watched people turn into monsters. Make sure you have a will!!!! or people will fight.
I know most people hate thinking about their death or their spouses death but honestly it’s just a fact of life.
I’ve personally been the executor of 2 estates now.
This is my advice:
1. If your young get life insurance. If you’re retired it’s not worth it.
2. Make sure you have a will.
3. Make sure you have a personal directive.
4. Make sure you have a power of attorney set up.
5. If your married make your spouse the beneficiary of your TFSA and RRSP(has to be done through the account not the will), they will roll into the spouses account without taxation.
6. If you’re married, and you own a house, make sure both names are on the title, joint tenant, NOT tenant in common. This activates right of survivorship on property and doesn’t have to go through the estate.
7. If you’re married, both people should have their name on all the vehicles, joint, otherwise it’s a headache after death.
8. Buy a file folding system. I have a plastic one that has a clasp and handle.
9. Put EVERYTHING in this file folder that would be needed if you died tomorrow.
a) all land titles
B) information on house insurance so it can either be eventually canceled or name changed over.
C) your will (or the location of your will), power of attorney, and personal directive
D) the information for your car, car insurance, and registration on vehicles.
E) information on life insurance.
F) all current year papers needed for filing your taxes. Because the survivor will have to do it and will need that information.
G) where your household bills are. ALL OF THEM, electricity, gas, Netflix, magazine, subscriptions everything you can think of that is in their name. Because you are going to have to cancel them.
H) their credit card information where to contact to cancel the cards
I) birth certificate, SIN numbers, marriage, license, etc.
J) information on all your investments accounts, bank accounts, etc.
K) anything else you can think of for your situation
If you’re married, I’d have one box per person.
When you die, the funeral home will issue many death certificates. And your lawyer will give you copies of the will.
These will be needed to change over any accounts. Everything else goes through the estate which is taxed and the lawyers take their fees so I’d avoid this as much as possible especially if you’re married. This is why having property in both people‘s names is so important because it doesn’t have to go through probate.
I am widowed now and I have my black file folder and my two remaining children know if something happens to me, all they have to do is grab the folder. Everything they need to take care of my estate will be located in this folder.
At the beginning of every year, I open this file up and go through everything to make sure it’s up-to-date.
If you are young and do not own much or can’t afford a will, you can draft one up but it must be handwritten to be classified as a legal document. You cannot type it out!! If you’re not worth much, everything will most likely be sold to pay your bills and cover your funeral expenses. But you can state who your executor will be in your handwritten will.
Disclaimer I’m not a lawyer or an accountant and this is not legal advice. Talk to a lawyer and talk to an accountant. Make sure everything is set up for you and your situation. These are situations that I personally ran into.
Good luck
Also I’ll add in. IF you have a lot of assets make an appointment with your accountant first. They will tell you how to properly set things up. Then take that information to your lawyer. read more
295K views
Green Day!🟢👍
Have you ever heard of a music group called “Green Day”?
I actually didn’t like their music too much when their songs were first being released. Even though they were a very popular group, I thought they were too punk for my taste!😂
But over the last few years I’ve come to appreciate their music more, probably because of Spotify, and the ease of streaming music. Green Day actually has quite a few hit songs, and I like quite a few of them. I guess you could say that I’m a “Green Day” fan now. 🟢🪭
Some of their more popular songs, which I think are pretty good, are Boulevard of Broken Dreams, Good Riddance (Time of Your Life), and When I Come Around.
One song that I’ve discovered recently, that I quite enjoy, is called 21 Guns. I think it was a moderate hit when it was released, but I don’t think I ever heard this song until recently.
Anyways, it’s a pretty nice song that you might want to have a listen to, when you have a chance. Pretty catchy tune. Here is a link to a live version of the song on YouTube.
https://youtu.be/HVaYkdG4k_I
On another note, my portfolio also had a nice “Green Day” today!🟢😂😂
Daily gain of +$230,568!👍
Quite a few of my Bitcoin related investments ($MSTR, $FBTC, $IBIT, $FBTC) and tech related names ($NVDA, $SMH, $META, $AMD, $VGT, $QQQM) did very well today!
How did your portfolio do today? 🤷♂️
Did you have a nice “Green Day” 🟢 as well?😂😂😂
read more
I actually didn’t like their music too much when their songs were first being released. Even though they were a very popular group, I thought they were too punk for my taste!😂
But over the last few years I’ve come to appreciate their music more, probably because of Spotify, and the ease of streaming music. Green Day actually has quite a few hit songs, and I like quite a few of them. I guess you could say that I’m a “Green Day” fan now. 🟢🪭
Some of their more popular songs, which I think are pretty good, are Boulevard of Broken Dreams, Good Riddance (Time of Your Life), and When I Come Around.
One song that I’ve discovered recently, that I quite enjoy, is called 21 Guns. I think it was a moderate hit when it was released, but I don’t think I ever heard this song until recently.
Anyways, it’s a pretty nice song that you might want to have a listen to, when you have a chance. Pretty catchy tune. Here is a link to a live version of the song on YouTube.
https://youtu.be/HVaYkdG4k_I
On another note, my portfolio also had a nice “Green Day” today!🟢😂😂
Daily gain of +$230,568!👍
Quite a few of my Bitcoin related investments ($MSTR, $FBTC, $IBIT, $FBTC) and tech related names ($NVDA, $SMH, $META, $AMD, $VGT, $QQQM) did very well today!
How did your portfolio do today? 🤷♂️
Did you have a nice “Green Day” 🟢 as well?😂😂😂
read more
3,062 views
Congratulations...and Welcome To The Party!
If you DCA'd during the $BTC bear market and ignored the negative comments, enjoy the next few years. To my fellow $MSTE , $BDAY, and $ISBG holders: expect some 20%+ drawdowns, but the overall trend is up and to the right and new all time highs!
To the haters: please save your comments. I heard your criticisms for a year straight and still bought over $1M in BTC ETFs. If I listened to you, I would be an unsuccessful investor. Instead, I followed the data, stuck to my thesis, and now I am up hundreds of thousands of dollars, and it's JUST GETTING STARTED.
So congratulations to everyone who held strong, enjoy the next few years, and Welcome to the $BTC bull market!
To the haters: please save your comments. I heard your criticisms for a year straight and still bought over $1M in BTC ETFs. If I listened to you, I would be an unsuccessful investor. Instead, I followed the data, stuck to my thesis, and now I am up hundreds of thousands of dollars, and it's JUST GETTING STARTED.
So congratulations to everyone who held strong, enjoy the next few years, and Welcome to the $BTC bull market!
7,132 views
