Top Ten Lessons Of Stock Picking | Patreon Exclusive
Added 2021-12-06 01:55:57 +0000 UTC
Comments
Great idea, That's a new one for me. Another idea could be is use those dividend payments to buy more Tesla or etc. that way you won't need to sell out of your positions.
Felix Vargas Jr
2022-02-18 02:04:12 +0000 UTCGreat video will definitely purchase and read this book for further analysis
chris estriplet
2022-02-01 21:03:41 +0000 UTCI am about 2 months into using M1 Finance and using this new approach that Joseph Carlson is showing us. So, I learned something new today. I was able to look at my Tesla stock in my portfolio and shake my head because I bought it at $1200/shr and now it is down to the low $900s, I figured it will come back but it still bothered me that Tesla took such a hard dip. It seemed like the dips in Tesla were mostly because Elon was selling selling shares for some kind of taxes. So I am down 20% on Tesla, so I looked at some of my stocks that I have for their dividends and they are low growth stocks and they just paid me dividends in early Dec, so I sold all my shares of a couple of these dividend stocks and put it all into Tesla stocks, that was today and by the end of the day I made back 9%. I should also say, I am doing this in my IRA so I am not concerned with triggering a taxable event. Some stocks are pretty flat during the year, so you can use those to get out, use the sold stocks money to get into a dip and then get back out when that stock recovers, you can even sell when it recovers and get back into that dividend stock. Am I crazy or is this some thing to think about?
Joey Garcia
2021-12-23 02:22:59 +0000 UTC
