Duck, Duck, Guru!


Manage episode 164174713 series 1063725
על ידי Joshua Belanger התגלה על ידי Player FM והקהילה שלנו - זכויות היוצרים שמורות למפרסם, לא ל-Player FM, והשמע מוזרם ישירות מהשרתים שלכם. הירשמו כדי לעקוב אחר עדכונים ב-Player FM, או הדביקו את כתובת העדכונים באפליקציות פודקאסט אחרות.
I just got done reading the current positions that hedge fund manager Carl Icahn's filed with SEC. If you recall, he created a video a few months ago warning of a massive market crash. Well, it hasn't happened yet... He believes that the FOMC monetary policy has created a bubble with its low-interest rates. I don't disagree with him at all. Here's what has happened because of the FOMC policy. With low-interest rates, companies have been more encouraged to buy other businesses or do buybacks than they are to invest in new equipment and machinery. This phenomenon inflates earnings for the short term but is detrimental in the long term. When you make bold predictions, and they don't come true right away, you fall to the waste side regarding the media. The media only wants people who are making predictions the market is only going higher. We all know about the housing bubble and those that were taking the other side; took heat for some time. However, you only know about the ones that made huge returns, but what about the ones that were right and went bust? We have all opinions, but your prediction is no greater than Carl Icahn's. You can't go all in with things that are out of your control or even surefire outcomes because anything can happen. How Carl Icahn or Ronnie Woo Woo day trader approaches the market, is different. I can tell you that most are looking for home runs because it's not their money and time is on their side because they collect their fees. If you're like me, you want to get paid quicker and consistently. That can be done with being consistent, staying small and have a system that removes the fear and greed with making the market beat you. If you're looking for a simple weekly bread and butter approach to trading options, I created this course: Keep in mind, If you own high yield ETFs or stocks that have used a lot of the cheap leverage to do buybacks and acquisitions, there is a substantial risk of losing a big chunk or even all of your principal when credit tightens. To your wealth, freedom and options! Joshua Belanger

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