Dan Fleyshman
๐ค SpeakerAppearances Over Time
Podcast Appearances
You don't have to do it on purpose, it just will happen naturally. You buy in a thousand bucks, you can afford to buy another 400 bucks of stock next year, and then all of a sudden you make some extra money, you can put in two grand, fantastic, now 200 bucks, 500 bucks, You just keep adding every month, every quarter, every year, whatever you can afford, whatever time frame you can be in.
You just keep adding, buying more of the same stock. I only have 10 stocks in my portfolio and it doesn't change for anyone. Here's why. I don't care about your shiny new object syndrome. It's not better than Apple. So you might have some hot new company. I believe you. And by the way, it might do fantastic. I don't care. I got Apple and Walmart and Netflix and Amazon.
You just keep adding, buying more of the same stock. I only have 10 stocks in my portfolio and it doesn't change for anyone. Here's why. I don't care about your shiny new object syndrome. It's not better than Apple. So you might have some hot new company. I believe you. And by the way, it might do fantastic. I don't care. I got Apple and Walmart and Netflix and Amazon.
I have household name companies that I buy their stuff as a consumer. And I know my staff, my friends, the companies I invest into, they use their products also. that's the rocket science, right?
I have household name companies that I buy their stuff as a consumer. And I know my staff, my friends, the companies I invest into, they use their products also. that's the rocket science, right?
It's just so obvious to me that when humans are buying something at scale and the product is great, the delivery is great, the pricing is effective, and people love it, I want to own a piece of that company. That's it. And so if I can go buy a thousand bucks of their stock, and again, when I say thousand, it could be 10 grand, a million, whatever you can afford, a hundred bucks, doesn't matter.
It's just so obvious to me that when humans are buying something at scale and the product is great, the delivery is great, the pricing is effective, and people love it, I want to own a piece of that company. That's it. And so if I can go buy a thousand bucks of their stock, and again, when I say thousand, it could be 10 grand, a million, whatever you can afford, a hundred bucks, doesn't matter.
If I can go buy a thousand bucks of their stock, I own a little piece of that company like Apple, Google, Netflix, Meta, et cetera. We are consumers of these brands, yet we're not buying in and investing into our future and their future. Especially when it's a foregone conclusion.
If I can go buy a thousand bucks of their stock, I own a little piece of that company like Apple, Google, Netflix, Meta, et cetera. We are consumers of these brands, yet we're not buying in and investing into our future and their future. Especially when it's a foregone conclusion.
Meaning, we know without a shadow of a doubt that these companies, like the Amazons, like Meta, like Netflix, they're not going anywhere. Even if something crazy happens in our society, companies like this fight through it. And they have a bunch of different divisions, humongous bankrolls, like tens of billions of dollars in cash.
Meaning, we know without a shadow of a doubt that these companies, like the Amazons, like Meta, like Netflix, they're not going anywhere. Even if something crazy happens in our society, companies like this fight through it. And they have a bunch of different divisions, humongous bankrolls, like tens of billions of dollars in cash.
And so they can fight through, like we watched them fight through what happened in 2020 during the shutdown. They can fight through anything. And they're not all based on any one person. Now, Tesla from a marketing perspective, that's the one that is based on the character, Elon Musk. And I say the character because his tweets, his actions can sway the stock quite considerably in any given day.
And so they can fight through, like we watched them fight through what happened in 2020 during the shutdown. They can fight through anything. And they're not all based on any one person. Now, Tesla from a marketing perspective, that's the one that is based on the character, Elon Musk. And I say the character because his tweets, his actions can sway the stock quite considerably in any given day.
However, No matter what happens from an Elon Musk tweet, making the stock go up or down, it's irrelevant to the fact that record-breaking earnings happen for Tesla year after year after year. They go sell a million cars at $56,000 average, for example. Holy smokes. They're doing more than Ford in sales. What else do you want to know? Right.
However, No matter what happens from an Elon Musk tweet, making the stock go up or down, it's irrelevant to the fact that record-breaking earnings happen for Tesla year after year after year. They go sell a million cars at $56,000 average, for example. Holy smokes. They're doing more than Ford in sales. What else do you want to know? Right.
And so as I'm saying these names of these companies, as I'm saying in a different fashion than you've ever heard before, I'm just being really blunt about it for a reason. You and I want you to just think about, wow, I'm driving this type of company car right this second. Maybe I should look at their stock. Wow.
And so as I'm saying these names of these companies, as I'm saying in a different fashion than you've ever heard before, I'm just being really blunt about it for a reason. You and I want you to just think about, wow, I'm driving this type of company car right this second. Maybe I should look at their stock. Wow.
On my phone, I use this app, this app, this app, or I buy from this company, this company, this company, or I love this retailer, this retailer, retailer. Maybe I should research their stock. Again, the price of today is irrelevant of how I want to be in it for the long term. If Apple stock was $200 today, I wouldn't care if it went to 220 or 180 or whatever. It doesn't matter.
On my phone, I use this app, this app, this app, or I buy from this company, this company, this company, or I love this retailer, this retailer, retailer. Maybe I should research their stock. Again, the price of today is irrelevant of how I want to be in it for the long term. If Apple stock was $200 today, I wouldn't care if it went to 220 or 180 or whatever. It doesn't matter.
I want to own it when it's 300, 400, 500, 600. I want to own it forever. I like to invest into things that I'm never going to sell. I like to invest into things that I'm never going to sell. And in my mind, my Amazon stock, my Netflix stock, my Facebook stock, like, why would I sell these stocks?