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Books that have helped us on our Financial Independence Journey
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The Bogleheads’ Guide to Investing:
The Intelligent Investor:
A Random Walk Down Wall Street:
The Book on Rental Property Investing:
Building Wealth One House at a Time:
Rich Dad Poor Dad:
The Total Money Makeover:
The $100 Startup:
Freakonomics:
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Our Rich Journey – NETFLIX CRASHES – Time to Buy Crashing Stocks? + See Inside Our Stock Portfolio: You have been asking for it . . . so here it is – a stock market portfolio update! In this video, we open up our portfolio for you, show you what we’re investing in, and show the performance of our investments (and we have a BIG range in terms of the performance with our different investments in this portfolio)! In addition to showing you our portfolio, we’re also talking about Netflix and other stocks (Facebook and Paypal) that have had HUGE single-day drops in their stock price. And we talk about how to invest in these types of companies after bug drops. Check out the video to learn more!
▸▸▸Check out some of our other videos!
Stock Market Is Crashing, So We’re Buying This NOW (See Our Top Pick):
Oh NO! Interest Rates Are Going Up! | Here’s How to Invest in the Stock Market:
9 Rules We Followed to Become Millionaires in our 30s:
Financial Norms Destroying Your Wealth – We Broke Them to Retire at 39 As Millionaires:
Our Top ETF Investments for Dividend Income and High Returns to Retire Early:
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When the stock market goes down you’re going to have less money for down payments and mortgage payments on your house. Once people use up all our savings you’re going to have a lot of foreclosures and people won’t have money to buy home at these inflated prices.
Do you still have your previous index investments? The reason that I asked is that these look like new investments.
Please, I have the following stocks which I bought and I am holding. I need your opinion and strategy on the stocks I investing.
$VYMI
$SSSS
$MAC
$SOFI
$StoneCo
$SFIX
$HBM
Thanks.
Netflix fundamentals aren’t good . I wouldn’t be surprised if it dropped another 50%
I remembered when you Guys started these investments!! Good job sticking to your plans
Living overseas how do you handle buying online with your American credit cards? I am an American living in Italy and fortunately my parents back home are able to send me an SMS security code to verify my card and allow me to continue with my purchases. Living in Portugal what do you do in this situation?
Netflix and Facebook are a fleeting stock once they slide down they go under the dumpster. Try to invest in solar energy stocks which is the future. Future is about adaptability and becoming tough for mankind to survive in hotter planet. We are going to harness the solar energy for our regular needs. It is the long term
I love you Channel I recommend it to everybody I know question is a stock falling because it's overvalued what is the true value of the company would you let us know
Another great video! Thanks for sharing!
What's your Exit strategy for this portfolio?
I see that Adidas tracksuit 😎 Light flex!
I bought a bunch of the stocks that they bought in one of their real estate portfolios … I put an okay chunk of money in there and then I lost $2,500. In the last 4 months… So maybe I'll just stick to my safe stock that I've been buying that have still been going up..
Great review guys. well done 👏
Those who bought Netflix puts in Jan are laughing all the way to the bank. Talk about hitting the lotto, some people 10X even 20X their money on those two disastrous earning calls.
if there are more drops to come based on some other stocks that did it, wouln't it be wise to just short this stock instead of going long every time?
Netflix should split the stocks instead of decreasing the share price.
buy VOO
I've drank the Kool-Aid and dollar cost averaging all the MFs I have even though all of them are struggling in 2022. Hopefully, I can sing the praises and talk about how "great" I did by time 2023-2024 come.
I'll do is all a favor it's not worth wasting your money on Netflix they need a new CEO or someone that knows how to post and share movies that are worth a damn they show the same programs over and over and over you wait for a decent movie you might get one or two after that your bombarded with a bunch of junk it's not worth wasting your time hard earned money as bad as Joe Biden and this administration has screwed over the American people why should you waste your hard-earned money on Netflix don't buy any stock in it and don't waste your time purchasing Netflix it stinks
Thx for the update!
Thank you for another great video and valuable information. Your stocks are doing well. May they continue to do well for you and the family.
No Netflix
Thanks for the video. A faithful follower. Do you still invest monthly?
I think that Netflix needs to put their company up for sale or get rid of everyone in there financial department team and get new people in there because they keep making mistakes. I think Apple will make a great candidate for the company.
They're going to ad adds, predict they'll lose 2million by this quarter. Yeah naw I'm good
Dear Our Rich Journey, thanks to your channel and others in FIRE, I now dedicate a sizeable portion of my income to retirement funds. However, I'm not used to putting money into an account that goes DOWN after you stuff it with money. Can you please talk about this? I know it's supposed to rise later, but the short-term is disconcerting.😵💫🤕
remember if you feel shitty because you cut loss a stock for a mere thousands of dollar, remember there's a guy named Bill Ackman that cut loss his position in NFLX for 400 million dollar.
Dont just buy netflix, buy everything