EPISODE · Feb 18, 2019 · 1H 18M
#29: Well, Excuse Me, Mr. Gangsta Market, Up 8 STRAIGHT Weeks!
from Business News and Other Sh!t · host Amer Abdullah
If you’ve been listenin’ to me and investing 20% every week, you done made some SERIOUS cheddar the past 8 weeks yo!! Yes, KEEP INVESTIN’ every week. If you’re not, whatever excuses you makin’ up, knock the teef outta they mouth! I know, I know. Last week I said the market’s gonna puke. Well, it definitely did NOT puke this week. I DO still believe the market’s vulnerable given (1) Drumpf clownin’ around with China trade war and (2) the global economy straight up slowin’ down. Even when the market does puke tho,stayin’ disciplined = long term rich AF. What about all this drama with Amazon pullin out of NYC? And WTF is up w Bezos not being there to rescue the deal? Too busy hittin’ LA pool parties w spicy Lauren Sanchez? Too busy piss matchin’ with D-Trump and the Enquirer’s truthful Bezos story? (Lancey can’t even believe the Enquirer actually published a TRUE story! First for everything) I ain’t diggin’ AMZN stock over the next few months, sell some of dat sh!t because Bezos distracted fo’ sho. And wassup with Alexandria Ocasio-Cortez (AOC) draggin all the millennials with her to the left? Is she a communist? Is she the reason Amazon left NYC? Wasssup AOC!?! Are we still gonna have a stock market if everyone becomes a socialist? Listen in to this ep to hear wassup. Our guest this week is Lancey Richardson. He has a FREE Stand up comedy show called “Comedy Tub” - https://www.facebook.com/Comedytub/ every Thursday night at Chicago Joes at 8 pm. SHOW HIGHLIGHTS: 5:30 Topics: Markets, Greed, Amazon, Millennial Socialists 9:00 WTF is Lancey’s accent? 11:00 Lancey's investing strategy - “buy whatcha know” 17:00 Amer’s strategy: Buy at least 20 “Whatcha know” stocks to diversify 21:00 Markets - Fed pausing rate increases is BIGGLY for stocks 26:00 60:20:20 rule 29:00 80/20 rule 30:00 JP Morgan himself said “There's something calming about having savings” 31:00 Playing the long game in stocks helped Amer become aware of his greed and thereby work on reducing it 42:30 Mo’ money, mo problems - what does this ACTUALLY mean in reality? Or is it BS? 45:30 Playing on “scared money” at the casino 47:00 Amazon HQ 2 - WTF happened? 1:02:30 Alexandria Ocasio-Cortez: millennials banking hard left bc of AOC
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#29: Well, Excuse Me, Mr. Gangsta Market, Up 8 STRAIGHT Weeks!
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