Dec 1, 2021
Summary:
Volume was up dramatically on Black Friday, which is incredibly
interesting—I sit down and chat with Gil Baumgarten to discuss this
as well as inflation, and trends in the stock market. In terms of
buying stocks, Baumgarten’s company tends to look for lower
yielding ones and has great technique for finding them. Tune in for
more.
Highlights:
-We had a real Black Friday last Friday—volume was up
dramatically
-All of the buys and sells are algorithmically generated
-The reality of inflation is starting to set in and people are
becoming concerned
-It is always better to average up
-Baumgarten’s company would prefer to buy low yielding stocks
-Apple is not keeping up with inflation—it is yielding 2.2%
-Tesla is 5-10 years ahead of everyone else in terms of technology;
it’s a computer on wheels
-Sometimes the price of the stock makes it not an investment but a
gambler’s speculation
-Buying the VIX is a good idea, but don’t hang on to it for a long
time
Useful Links:
Financial Survival Network
Segment Wealth Management
The Markets Are in Flux, Will They
Crash? with Gil Baumgarten
Markets Down; Big Surprise with Gil
Baumgarten