About this transcript: This is a full AI-generated transcript of Why I'm Buying This Stock Market Crash, Best Stocks to Buy Now! from Mr. FIRED Up Wealth, published November 6, 2026. The transcript contains 7,229 words with timestamps and was generated using Whisper AI.
"the stock market is tanking the sky is falling what is going on welcome back to the channel guys you can see the nasdaq's down 4.5 it was down over 5 we are in correction territory in the nasdaq s p even down 3.32 broke through that 7 500 support level dow jones at 52 000 down two and a half..."
[00:00:00] Speaker 1: the stock market is tanking the sky is falling what is going on welcome back to the channel guys you can see the nasdaq's down 4.5 it was down over 5 we are in correction territory in the nasdaq s p even down 3.32 broke through that 7 500 support level dow jones at 52 000 down two and a half percent so what in the world is going on with stocks i mean oil has come back a little bit still expensive you've got you look at something like gold at 4100 what's happening yields are following after us midterms why do yields fall yields fall when people have a flight to safety when they buy the bonds the bonds are going to go down so bonds going down is that generally good for stocks you don't want bond prices to be too high but at the same time it also signals that there is fear in the market so when i look at something like the cnn fear and greed index we are definitely in the extreme fear at this point so it goes from zero to a hundred and right now we're at 21. i've seen this go down to close to zero like was it two that we saw maybe april 2025 maybe 2022. generally speaking these are opportunities for long-term investors to buy now that doesn't mean just buy anything at any price understand what's happening here with inflation with interest rates with how the blue wave will impact certain stocks you know if you have certain like places like texas that's going to be maybe impacted where 30 of data center outputs coming from texas and now if they have a memorandum where they basically stop building data centers that could impact it now of course you have to dig into the hood and understand what that means because there's a lot more to it and i'm not even going to get into it because it gets political but the very simple thing that you need to understand is that even if that happens it's not for existing it does not impact existing projects or construction so most of what you're looking at for any delays is probably going to be more like 2028 we have good visibility into 2027 markets forward looking the markets afraid and ai stocks are selling off big time the extreme fear is back we are at 21 on the fear and greed index now this is can go all the way to zero so understand that it doesn't have to stop here your stock can definitely go lower you look at stocks like amd that just had a great earnings report it's at four and fifteen dollars now we bought amd at a hundred bucks and less a share and i've been telling you guys that i like amd but we have not been buying amd we've been trimming it you know so do i like the stock yeah but it's still trading at high valuations if i look at something like amd and just look at the overall valuation on it it's still an 84 gap 4p ratio which is pretty expensive 52 growth is great right but you look at nvidia for example and this thing shouldn't be 108 in my opinion growth 74 value the valuation is a 20 gap 4p ratio now the bears are going to say well even though it's a peg gap of a 0.2 and it's a 20 gap 4p ratio and micron for example is the same even better it's a 4.5 which seems impossible right 4.5 gap 4p ratio 0.01 peg ratio and you're talking about massive growth on these like 200 and 100 growth well the market believes that the cycle is basically over that's what the market wants you to believe right now here let me give you some perspective we talk about this all the time we talk about 50 percent retracements we do chart day every monday monday every every wednesday so we have live streams every monday wednesday and friday in the private community every wednesday is chart day at nine o'clock a.m eastern and on chart day we talk all the time about not chasing parabolic stocks not chasing air pockets and when you see a stock that's straight up like this generally speaking you're gonna have what's called a 50 retracement so if i take 61 and i take 12.54 to add those two together by by two now people i'll get comments like oh yeah sure in hindsight that's easy this is not hindsight when this stock is at 12.54 and it starts to sell off you have this number and you have this number you can calculate in fact we had this line here before the stock got into this yellow circle so your 50 retracement zone is here you draw a circle around it boom this is generally a dca area we did the same thing on austere labs told you to buy 150 or less dca it ripped to 500 i can't guarantee that's going to happen or anything never financial advice but if i were buying micron if i missed it when we recommended it at 65 back in december 2024 on this channel so if you're not subscribed make sure you do subscribe if you missed that 65 dollar price and you know you didn't get in if you're looking for an investment maybe this is an opportunity the problem is the market's going to scare you to think that the entire cycle is over and that this stock is somehow just going to go to zero do i think that's going to happen no i actually think the stock should be worth more than 685 dollars not financial advice on on paper the fundamentals are there i've done a video showing you the breakdown of all the reasons to be both bullish and bearish because i'm not a cheerleader i don't come on here and just say rah rah rah i want the stock to go higher i try to give you data to show you the bull side the bear side and if i'm wrong i'll tell you i'm wrong right so this stock though we've made a lot of money we bought it in 2024 trimmed a lot of it in these prices here sitting on what we call house shares playing to win this area right here though you know 200 day moving average stocks love to come back to things like s3 fibonacci's 200 day simple moving averages they love doing things like 50 retracement especially when you have a parabolic chart so my point here is that when you see parabolic charts like this i've been doing this almost 30 years almost every single time you see 50 retracement almost every single time is it 100 no but it's very very high probability that you see a 50 retracement it happens over and over again and i told you even on light this is uh lumentum you see the yellow circle it was there way before the price got there today don't believe me go look for yourself on previous videos this circle was here before it got and it literally got in the middle of the circle before people started buying it just below the 200 day moving average right on the s3 fibonacci so you have all these tools in the tool belt to look at you can say low and high 50 retracement you can look at s3 fibonacci's you can look at this purple lines the 200 as a moving average am i a technical master that that trades no i'm a long-term investor 99 of what i do is fundamental analysis that's going to be qualitative and quantitative analysis the last one percent look at a chart so first of all i'm going to say what's the stock worth now with micron i think the stock might be worth more than quite a bit more than it's trading at but the chart's still going to tell me when i look at micron that even though i think it might be attractive at these prices i probably don't want to buy it at these prices because when you look at the technicals once it starts breaking down it just needs any sort of catalyst once it starts breaking down from the top to get into that 50 retracement zone and that's exactly what you're seeing here now do i believe that the blue wave is going to destroy all ai build build outs i don't think it will i think it'll delay certain companies might be impacted certain ways so specific stocks will be impacted i think the market's going to be very selective at which companies which stocks that invest in and so you're going to see like hyperscalers yesterday were green when everything else is selling off you're going to see things like mcdonald's yesterday one of the biggest gains in the history of the stock you know what was that thing up uh mcdonald's it was up the best day since april 2020 yesterday you know this is the dividend portfolio i've got three portfolios i've got the main portfolio right that's up here it just absolutely i mean just crushing it right been doing this a long time for almost 30 years this is the main portfolio of course it's going to have some red today but when you're up big you know i said this yesterday when when you invest early and often sell-offs are far less stressful when you're sitting on lots of profits and you've already gone to house shares it's a lot less stressful right most of this house shares meaning taking profits took profits from this portfolio and started this dividend portfolio which is now over a million dollars you can see it's up 24.5 year to date for a dividend portfolio it's boring up 2.79 yesterday i don't think we'll see that very often right i said probably won't see that again for a while this portfolio pays 28 000 in dividends a year and that doesn't include the interest invested uh off of cash so this thing's done very well i've taken some profits from ai stocks put it into this portfolio now with that said i'm still buying and i'm going to show you what i'm buying in the community portfolio we started three new positions today so i'm going to talk about some of these the first the first thing that we bought we bought some corning small position you can see it's point eight percent of the account bought some lumentum another smaller position one percent and penguin solutions now i would treat these all kind of speculative because these are the kind of stocks these don't have high margin profiles they're going to be risky right so this is not what i told people in the community as i said hey today you should be focused on what you should be focused on your highest conviction highest quality stocks and i'm going to show you a bunch of stuff here today there's so much stuff here so there's your 50 magical tracement for micron we talked about remember focus on your highest quality highest conviction shopping list today on big red days don't go buy a basket of spec stocks right so when you look at what i was focused on in the community portfolio most of the big buys we had several buys in vgt that's going to be the vanguard information technology etf and then broadcom some and i want to make sure you guys understand this is the main portfolio 3.5 million the community portfolio is like a half million and then the dividend portfolio is over a million so i think today we're we're probably at 5.1 the all-time high was 5.7 so it's down 10 percent now that's a big a big hit but because i had 700 000 in cash and a million dollars in dividend stocks i'm only down 10 percent you can look at a lot of funds out there a lot of growth etfs that are down 10 and 30 percent year to date we're still doing very well right so none of this is financial advice i'm just sharing with you my journey to help you be a better investor hopefully share some information you're your own money manager remember that but broadcom was the heaviest buy today as well as vst you can see several buys from broadcom vst i'm going to show you a couple of these charts just so you have an idea and there's a couple other stocks i'm going to mention too but vst you can see this stock is all the way down below the s3 i think this in my opinion not financial advice the buy zone is this red area so you're really looking at like 100 and really i'd say 120 and below it certainly could go lower maybe it tests 100 you got earnings coming but at 112 a share if i look at vst yes it's impacted yes texas is going to impact it if data centers get shut down and stuff i think it's overdone now we will hear from earning from earnings tomorrow and i think that that should add clarity maybe it makes the socks off more i think there's a decent chance that maybe you get answers from leadership and the stock could recover from that point people don't like to go into earnings with the unknown of what could happen but when i look at this stock i mean you know this is not a hyper growth stock or anything it's growing about 10 percent it is paying you a nice little dividend so this is what we call dgif stock paying you 0.77 dividend six years dividend growth you know it has that growth on the dividend and growth on the share price it's a compounder if i looked at the growth you know 10 valuation it's trading at a 12.97 the sector median is a 19.52 understand what you're buying here um i did a write-up in patreon and honestly guys i know that you're you're you're you're hesitant you speculate you know why would i want to join this private community i have it all figured out on my own you know i don't need any help from from you even though eric's been doing this 30 years or maybe it's too expensive in your mind the amount of information that you get from this community i can't even explain to you this is a vst stock analysis dd write-up this was done months ago i think this was done what august 25th this is a patron exclusive write-up i have videos live streams write-ups just constantly discord i'm just constantly doing this this is what i do i might i manage my own money professionally that is my job and i share that information with you that's all that this is so if that's helpful to you and you're your own money manager and take this seriously this community should be very helpful not only for me but from over a thousand very smart individuals from all over the globe this is breaking down everything the bear case the bowl case you know and at 135 i said hey this is a decent stock 135 or less you know you could see it though around 125 well today it's even lower and that happens when everything sells off when there's a catalyst there's a reason there's fear that earnings are going to be impacted on this stock as well as constellation energy because these data centers might get slowed down and so if 125 was the number before maybe it's 115 or 105 now but the nice thing about it is if the stock at that point you know it's trading up here which it was now it's down here and and here i said i don't really like there i like it more like here and i would dca here and lower i would much rather start buying it here and dca lower than buy it here and this is what happens with most retail they just kind of buy it they don't have a plan they don't have an idea of what should be worth they don't do all of this research on the fundamentals and the technicals to say here's where i think it would go here's where i think it'd be a buy if it doesn't get to those levels i probably won't buy it i believe at the s3 here this is a good risk reward opportunity it's not a massive growth stock it never should have been 215 so stocks go higher than they should on the upside and they often go lower than they should on the downside you reap the rewards on the upside this is why you trim fomo and parabolic runs if you understand what a stock's worth and you understand just basic technical analysis you can look at a a parabolic run from 22 on a stock all the way to 212 dollars you know going up 10x on an energy company you can look at and say that and say you know what you're probably gonna have a 50 retracement now if you add this number and you add this number and divide it by two you're going to be pretty much in the range of the 50 retracement that you see over and over and over again generally speaking if it's a good company and the valuation is right and the technicals are beaten down like this as a long-term investor it's proven for me to be generally a good risk reward opportunity to buy knowing that it doesn't have to recover overnight it's not trading you don't have to guess you might have to hold it for a couple years and that's okay we're long-term investors you know broadcom i like the stock when it was higher maybe even 340 bucks i think i was recommending it saying 340 or less dca at the same time this red box was there the whole time saying you know i like it at 340 i think it could go lower i think it could go like 295 and that's where i see the floor and it went to 293 today what was the exact low on broadcom 292.80 now it's at 301. this is a high quality company in my opinion this is one if i didn't own the stock i might be looking at this and saying hey is this something that i want to add my portfolio this has been the focus we're making this a core position a five percent position in the community portfolio and we've been dollar cost averaging these levels you might be down you know you might be down six percent i shared in the community i'm completely transparent with all this and i said hey here you go dca battle i love it here's broadcom all the different buys it's down 6.22 at the time of this photo average cost base is 325 i'm okay with 325 i know it can go lower i don't have to time it perfectly the thing is if you believe your job and this is if you're a trader your job literally is to try to time it i'm not a trader if i believe the company is worth say 340 bucks and i'm buying the stock and it drifts down and goes lower it's just a better buy lower and if i know how to dca properly i'm buying multiple lots or multiple times i'm not going all in at 340 i can slowly kind of back my way into that and now my cost basis is in here and of course you can say well you should just wait until it got exactly to the lowest you don't know that nobody knows it in hindsight it's easy to say well you should just waited until it got to exactly 295 at the bottom of your red chart it doesn't work that way but if i buy in this zone and so far the bottom of this is is basically proven to be accurate and it's accurate over and over again so if i'm buying this zone and my cost basis i told you is 325 my cost basis is here not a perfect job maybe the cost basis should have been a little bit better like maybe 315. am i perfect no do you have to be perfect no what does vince lombardi say about perfection what does he say about perfection you guys ever heard this quote he says perfection is not obtainable but if we chase perfection we can catch excellence and that's the epitome of what an investor is you're filled with constant mistakes and if you let your brain the psychology of it so hard you let your brain say well i wish i would have done this i wish i would have bought more i wish i would have trimmed more at 493 and it's easy to look at a chart and say i wish i would have trimmed at 493 exactly which nobody can do and then let's let's just say today was the bottom which it probably is and it probably drifts down to 280. you know we can move this down you say well i'm not buying today it's going to go to 280 when it goes to 280 i'll buy it well maybe it does a lot of times it doesn't and it goes higher but it's easy to sit here and look at the chart and like let's just say this bottoms and it goes like this this hypothetical it's easy to look at the chart then and say i wish i would have sold it when it was 493 and then i could have bought it back exactly at the low today of you know 292.80 it doesn't work that way and the problem is is when you're a new investor you literally tell yourself that that's what you're striving for you think that you're striving for perfection you literally cannot be perfect and you won't be perfect and you don't need to be perfect to do well in the market i retired at 42 because of stock market investing and if i can do it i'm confident that you can do it as well so broadcom we looked at vst now these are going to get a little bit more speculative here right photonics players the thing about photonics players you have to understand is that for example lumentum the profit margins are some of the best project profit margins on these kind of stocks this one's at 47 if i look at for example um even like coherent we bought this one at like 65 and we trimmed out when it was i don't know much higher than this and this thing's getting wrecked but if you bought it at 65 and you went to house shares you're not really stressing if you bought it at all time highs the stock went to 440 if you bought it at 440 you're not feeling great today at 168 this is why it's important to build a blueprint and to not fomo chase stocks right profitability and this one's a little bit less 37 that was kind of my point right and all these stocks have had earnings amd just reported earnings and crushed it astera labs crushed it arista networks crushed it you get the idea it doesn't matter it's basically a risk off move let's sell everything related to data centers we'll digest this we'll figure it out we can buy them back later it's a reset plus a lot of these guys institutional investors they can take profits because if this stock for example is still up 128 in the past year all they got to do is beat the s p 500 to make their bonus they can still sell it at 532 and make their their number and so it's just going to drive prices lower people are going to short sentiment gets bad stocks go higher than they should on the upside that's called fomo they go lower than they should on the downside it's called fear fear of losing or full is what i meant to say fear of losing everything full so fomo and full fear of losing everything you don't look at lumensum 47 there you got a d-minus because and the other thing too companies that aren't profitable that are burning cash that are raising money they're going to get hit stocks like oracle and so on right now i like some of these stocks but you're going to have to have a long-term horizon like two and three years and that's that's the situation i am i've been investing almost 30 years i've owned stocks many of the stocks i've owned i've owned for 10 plus years even names like nvidia since 2017 and microsoft since 2012. i mean i'm a buy hold and monitor guy i'm not a trader and i'm not a buy and hold forever i'm buy hold and monitor but if i look at the valuation now at a 30 gap 4p ratio growing at 82 percent i added some bought some around these levels um what you buy completely up to you your blueprint your portfolio your risk tolerance this s3 is 495 i think it'd be even better under 500 but we just don't know for sure if it's going to get there so i buy a little bit you know if it goes lower buy a little more if it rips high quality problem it's it's not a stock i have to own this is what i call a fringe play it's not a core if it's a core i generally periodically dollar cost average something like this i said hey guys if it comes to this kind of yellow circle here i'll buy some as a spec stock in the community portfolio if it doesn't i won't buy it it's as simple as that the other one is paying this is another one that's a little bit more speculative it's around 39 now you can see it sold off from 90 it ripped from 16 to 90 did its 50 retracement it's even lower than that this is kind of getting below that 200 day simply average s3 is around 30.42 this is a smaller cap it's speculative it could be impacted by any kind of memory cycle which is why it's down 20 percent understand what it is i did a deep dive uh right up on this one as well on patreon if you'll look at that talked about the stock and you know if you look at it's up still 76 in the past year it's up 100 year to date so the thing's still up 100 year to date so the problem is if you fomo chase it bought it at 90 that's where it's really painful because it's down 60 but if you bought at the beginning of the year last year you're up 100 plus that's and that's the thing people got drunk thinking that every stock just has to go up every day 20 and now you're you're seeing the ramifications in their side this is what i'm talking about with these lower profit margins on some of these 27 percent is not great the growth is decent for the valuation so 26 gap 4p ratio is 13. understand what you're buying here i bought a little bit as a spec it's a semiconductor play and you know it's going to be impacted by neocloud providers and things like that so this is going to be in the crosshairs for any slowdown and data centers right again speculative buy what's best for your portfolio never financial advice glw is another one that we added a little bit down 13 kind of same deal photonics have data center play profit margins you know again i like seeing these higher 36 that's one of the issues with this this segment of the sector growth at 17.6 right here and the valuation on this one is about a 42 gap 4p ratio so it is not cheap and it could go lower i think around this hundred dollar price this is kind of where i added some corning i kind of deem this as a more well-known company maybe a little bit higher quality than some of these other names another massive air pocket i talk about in chart day do not buy air pockets the stocks up here this is an air pocket you have a trend line here this is not in hindsight this number was here and this number was here before the stock was here so you have the trend and you're buying this high above the trend you're asking the it hurt now the stocks come down air pockets collapsed is it completely collapsed no in fact the s3 is a little bit lower here this is 87.99 so could it go lower could it break 100 sure i just think this 100 level might be an area you know this was the area i was kind of i was focusing on when i did the write-up and i didn't buy it i said this is the area i would target if it does a 50 retracement from these two levels it's washed out even further than that and i didn't buy here and so i did end up buying some down here this morning this next one super spec and i've told you guys this morning i said and this is so important to make sure you're reading the uh the eric's watch list because i'm updating you in real time if you can go back let's just look really quick i'll go back and say here's earnings this week all eyes on amd you know i said expect some chop you know data center stocks did really well could am be the catalyst it looks like it after hours but let's see how election results come in and on a live stream i said the risk is if we have this blue wave especially in texas this is what you could see and i was preparing you this is back on the third saying hey this is a major risk i said we're waiting for the concern is that dems owning majority will slow the ai build out the market's going to react and digest the problem is we don't know exactly what will happen the market doesn't like uncertainty so expect selling you knew this was coming and even before this for weeks and months i was telling you in the private community make sure you have some cash be ready for a sell-off you're going to have volatility when we come into this election season expect volatility in october early november and we're getting it here's some support areas to watch 7500 is a key level we broke that this morning so you could see mid 7200s right that's very possible the nasdaq is in correction territory i told you that markets almost always retest and we even went lower and that's not uncommon either stocks usually perform well 6 to 12 months after midterms and sometimes you see a washout like this a reset and maybe stocks are doing well in 6 to 12 months nobody knows for sure i know what i'm doing with my money you got to decide what's best for you as a money manager i told you expect volatility you're getting that the texas situation creates significant uncertainty for data build out in the macro channel talked about tons of information guys more information than you probably can even digest but the information's there for those that want a data center names crushed wall street hates uncertainty you can see significant delays the market will try to price some of that in further well quite a bit further right and then you look at some of this i said hey just you can read that if you want pause your screen i probably can't read that on youtube if i look at this i'm saying hey i'm explaining how fragile the situation is this is just yesterday and i did a two-hour chart day telling you my concerns so what could happen we're seeing these sell-offs you know talk about here's your vst updated fibs 113 guess what price it's at today 113 you look at light at 600 i said weeks back it'd be 450 to 550 boom we got it the government hopefully will realize that gdp gdp growth equals data center growth ai stocks will be fashionable again you know wall street fashion shows as fickles your kindergartens eating habits but tom green even tom green can do this guys you know they'll tell you to make sure you buy the stocks when they're low and you sell them when they're high and we like to buy stocks when they're beaten down when everybody's throwing them out like days like today and when everybody's fomo chasing and they're tripping over the door to buy stocks at all-time highs generally we're trimming back in our discord community and all of it's here so you can say oh bs it's it's all here guys go and discord every channel is here here's all the buys and sells from everybody in the community you can go back and look at every day you can all the information's there if you want it you know a lot of people have this this feeling of like uncertainty should i buy should i join an investing community it's scary you know what if it's a you know what if it's a scam or something it's not you can see there's real people here talking to each other saying eric thanks for your help hey eric thanks for having cash hey eric thanks for doing this and that working together as a team you know doing live streams appreciate that stock market sell off real talk i'm feeling pretty good chart day feedback we're a thousand members strong we are like-minded individuals trying to achieve financial independence and we do that by stock market investing but we do it in a smart way and i think this is the new institutional handbook the k-shaped tech playbook buy the hyperscalers that control the power and i said this too that the hyperscalers those cloud providers in the end will be the winners oracle is going to end up being in that category but it's not going to be fashionable right now because it is still burning a lot of cash if that kind of thing is not for you don't buy the stock it's as simple as that the thing could go down below 100 that's okay i'm dca in this zone two three years i feel good about it if i'm wrong i'm wrong i worked here 10 years i understand the company i have conviction in it you do whatever you want with your money that's the cool thing about fired up wealth i'm not sitting here on a pedestal saying you have to do what i do i'm just sharing what i do you can do whatever you want i'm sharing information to help you be a better investor at the end of the day you can do whatever you want with that information and you're responsible for your own actions right your own buys and sells i told you this morning nobody knows the exact bottoms but here's some technical support areas to watch and guess what most of these actually happened and i posted this at 6 53 a.m before the sell-off micron you could see low 200s if you have a you know so deeper risk if that fails the 700 720 low 600s okay so if you have a big sell-off and the nasdaq's down five percent well you're going to see 655 dollars not too far off nvidia said you could see 180s where's nvidia at i think it got in the 180s right got to 181 55 is this some magic you know is it rocket science no it's it's technicals from looking at thousands of charts for almost 30 years just telling you possibilities it's no guarantees or anything like that it's just information a lot of times the information comes to fruition you look at the broadcom next buy zone 290 to 300. well where did we go in broadcom you know i gave you worst case scenarios that i thought we'd see today it doesn't mean it's the bottom forever could it be 20 lower next week sure that's why you got to invest what's best for you people come on here and say you know i can't believe you're on youtube saying you're buying broadcom it's going to go to 250. okay do whatever you want with your money nobody's making you do anything keep scrolling like i don't understand the egg of comments i'm not sitting here telling you you have to do what i do i'm telling you what i do that's it it's information to try to help you i'm trying to help people i've done this for almost 30 years no other youtuber can say that name a youtuber that's been doing this 30 years that's made millions that was ahead of the ai curve that told you that nvidia was a must stock must buy stock pound the table type of buy in 2022 and it's all on youtube it's all on youtube never financial advice of course right palantir you buy that stock ten dollars rocket lab three dollars and 65 i'm not here to flex that but i'm here to show you i'm telling you this because i'm qualified to talk to you about what i'm doing with my money i'm not even telling you you have to do the same things i'm just telling you hey in case you're interested in broadcom here's some information that might help you you might see 290 to 300 and guess what aoi you could see 44 to 45 even 37. aoi i want to stress it's spec earnings are tonight don't be shocked do you see big swings in the direction with sentiment the downside is more probable than the ups probable the upside do not load a portfolio with spec stocks small position one or two percent it was 56.80 in the pre-market when i posted this right so 16 up was 65.89 of course we didn't get up we got down so 16 down 47.71 18 down 46.58 i said 50 was possible if the stock is 45 tonight don't be shocked if it's 67 don't be shocked and i said well or 60 minutes from the time i posted remember buy your highest quality highest conviction that is not what this stock is this is a spec stock now people hear what they want to hear they'll come on youtube and say oh i loaded the boat at 80 because you like the stock well you shouldn't load the boat it's a spec stock right i own the stock i'm down 24 on the stock if this stock went to zero it would impact me in no way at all because it's a small position in the community portfolio i'm not loading the boat on it right and i know that this could be it's a spec stock what do we say a spec stock 10x or zero there's no guarantee and it this stock could be worth 250 bucks and it could go to 25 it could go to zero when the market is selling off the way it is low quality names like this are going to get absolutely shellacked you might be surprised to see it at 47 a share but if you're in our community i literally told you this morning that you could see it at 46 dollars a share and here we are 47.89 it got to 45.60 cents that's pretty close to 46 dollars right and i said if your stock's 45.9 don't be shocked oh there you go you got 45 46 bucks here's your zone so in the end i also bought some mercado libre somebody came on here and said why would you buy mercado libre the company's crap i'm not saying that you have to buy mercado libre i'm telling you i bought mercado libre you can buy whatever you want to buy you know at the end of the day it's your money you do what you want for your portfolio in the main i bought some oracle about 30 shares at 113 this portfolio is just a bunch you know it's it's awesome so uh being a long-term investor you can do it too it just takes some time some discipline some patience having a plan that's all the stuff that we teach in the master class videos in our private community so if you're interested in that definitely join us i bought some more fdvv etf and the dividend portfolio so i still have a lot of cash right now i went heavy on this portfolio because this portfolio is me 20 years ago so this portfolio this community portfolio is eight out of ten risk trying to accumulate those millions like the main did right if you don't if you're not in the main if you don't have this you're trying to build this that's what this is trying to do we started this portfolio new in 2022 with five thousand dollars we add thousand a month sometimes we add more like this month we're adding more of course and we've built this up it's it's over half million dollars it's 550 000 and we're buying growth stocks but we also have things in here everything from microsoft to texas roadhouse we've got john deere there's a lot of different stocks in here now yes the portfolio is going to be down today of course it's a growth portfolio i mean anything almost every stock is down even the honey badger the dividend portfolio is down today of course again guys do what's best for you and your money it's never financial advice here on this channel just trying to help you be a better investor but i hope this is helpful guys if you're new to the channel make sure you subscribe to the channel drop me a like drop me a comment have a great rest of your day keep your head up Don't stress out. We'll see you.