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Blogs > 1ClassyLady > U r responsible for ur life |
Do you want to become a millionaire? Do you remember that I posted a blog topic "Boeign Co." on March 27, 2019. Under that blog, I posted 4 comments mentioned many stocks that can make you a millionaire, did you follow me? I said Boeign Co. is an excellent company but has a "dark cloud" over its head for a while due to two planes crashed. I said to stay outside, just observe its chart and news. Don't buy or trade. In the 4 comments, I said I like Google that has the best search engine, maps, translate (many languages), YouTube video, .... I can't live without Google. Google was on sale for under $1,000. I didn't buy the lowest price of $977.66 but I bought $990. Today it day-high is $1,274.43. I told you I have shopped on Amazon. Amazon plummeted from all-time high $2,050.50 to $1,307 (down $743.50 a share). I was in Italy for 36 days. Today high is $1,929.26. Amazon will report first quarter earning tomorrow aftermarket closed. I have a lot of Amazon. I paid lots of interest to hold Amazon up. I have JP Morgan Chase Bank, Bank of America and Visa card. Look the Master card and Visa card jumped over all-time high. I like Pepsico over Coca Cola, Pepsico jumped to all=time high after its earning report. I told you so. Booking Holdings was gap down to $1,689.44, I told you to buy this stock when everyone dumped it. With a little patience, it is $1,895.28 (up $205.84 a share). As Biogen announced it will withdraw a Alzheimer drug from stage 3 test for FDA approval, investors were so disappointed and dumped it to 52 week low of $216.12. When it went up to $244.50, I sold half of shares at $243. I still own 1/2. Bio-tech and pharmaceuticals are very weak sector for a while. The worst performance is United Health Group. It dropped to $208.07 new 52 week low. I still have profits and holding it. Actually it reported good earning but its CEO blamed to bipartisan push healthcare insurance. By the way, I have lots of Twitter stock because president Trump uses Twitter to communicate with Americans. All the news journalists and citizens follow Trump to read his tweets every day. Sometimes, Trump tweets many times a day. I don't have Twitter account or follow Trump, but I own Twitter stock. Twitter reported good earning today, Wow, it jumps up I meant well to make you a millionaire on stock market and real estate (I posted a blog before). Real Estate market is easier for me to predict because "Supply" and "demand" need to be in balance. In General, sell properties in Summer, buy properties in Winter because young people graduate from colleges, get married, having baby, move to new job locations, ... people buy properties, the prices will go up. You can sell to them for higher price. In Winter, most people spent money for holidays, buy Christmas gifts, eat a big feast, buy Winter coats, .... people stay inside while snowing days, so less people go out to look for properties. When less people buy, the prices will go down. You can ask for bargain in Winter. The sellers are more desperate to sell. Real estate agents said "Location, location, location". I said "Timing, location, location". I am a "market contrarian". 做法與一般大眾想法相反的投資人(例如:買冷門股票)My banker friend said I am very brave. Honesty is the best policy. |
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Nobody is interested in stock market or real estate properties? No one has questions?? Can you read chart? Do you know when is the time to buy or sell? The secret is in the chart. Caviar to the general?? Honesty is the best policy.
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Although I am retired from pharmacist jobs, but my banker friend told me to do investments (be my own boss). I have know to him since June 2006 and he advised me to sell my mom's condo in 2007 Summer with a big profits. The real estate bubble burst in 2008. When I went to China in May 2008, he emailed me that bank in crisis. It took a long while for real estate market to recover. Do you remember "subprime mortgage crisis" from 2008 to 2011. With my banker friend's advice, I bought 5 properties in Las Vegas in Winter of 2011 using my mom's name (my ex can't get them). I went to Las Vegas to shop for properties NOT to gamble. When I returned to Calif, emailed him that I bought 5 properties in Vegas. He replied "you are the queen of Las Vegas". We have good laugh. I used the sold proceedings of my mom's condo to buy these 5 properties, so should be her name. All 5 properties are "foreclosed", I bought from banks. I renovated those foreclosed properties and rented them out (management agencies) and collect rental income. Unfortunate, my mom arthritis was getting worse in 2013, so I sold 2 properties in March 2013 (easily sold). My mom passed away in Sept 2013. (I post my mom pasted sad news in one comment of my blog, nobody noticed but one particular blogger replied, he said he felt sorry for my loss. He is "beyondfantasy3". Only he cared and paid attention of my writing.) If you are smart, you should ask me why I bought 5 properties instead of combine in one. The reasons are (1) don't put all eggs in one basket - if one property vacant, I still have 4 rental income. (2) The tenants in Las Vegas, they can't afford too luxurious place. (3) The ROI (Return on Investment) ratio will be higher. Do you know how to calculate ROI ratio? The banker friend told me to buy in Las Vegas because casinos open 24/7, need 3 shifts of employees, those employees need a place to rest. They are not rich to buy, so they rent. They have job in casino, so they will pay rent on time. The bank CEO told me the timing, the location. His advice worked on my mom's cash money (sold proceeds) to buy 5 properties in Las Vegas. I forever thanks to the banker friend. He said "God helps those whom help themselves." He likes to help me. He is a busy person, not as many times as I wish to meet me. But I appreciate his friendship and advice. I fortunate to know him for 12 years. Honesty is the best policy.
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