So if you are sitting in cash right now and you have a lot of fear of missing out Fomo and you're seeing stocks like Nvidia and Palantir running up 100 of the past few months, you're trying to figure out what to do. Are you too late to the party? Should you wait until the stocks pull back? What do you do in the situation? This is the purpose of today's video. No. BS just actual real 100 objective views as always.

don't click nothing, don't smash nothing. Don't buy nothing. Just listen. Of course this is just my opinion.

Maybe naked might be wrong. Might be the remnants of amendment? not Financial Advice: As always, you know the drill now. Um, stalker can very in palantir. I Just mentioned earlier are prime examples of what a bull run feels like.

The market has a lot of Cycles like this over the course of the you know of its history. It happens all the time. We've seen how the markets flip and reverse in a heartbeat and people just feel locked out and they miss out and that happens. But the question is like what do you do now now if you have DCA dollar cost average into Quality Companies which you believe in and you ignore the price action since 2020 until now, you're pretty much you know you're set.

You're sitting happy, you're sitting pretty I've been on record multiple times saying 40 of my portfolio isn't volunteer, 40 isn't volunteer and now I'm super happy I wasn't obsessing about the seven dollar price tag I'm not obsessing now about the 14 price tag I'm still not gonna sell I'm not here to make a quick Buck but I'm not actually sad anymore because I can see that stock is actually going up so there's a psychological effect there. But the point of this is not my position right? if you haven't dollar cost average into this market and if you haven't bought into these companies when they were selling off and all these YouTubers were making videos that were very popular, about how they're selling for palantir, about how they're finished with the stocks Etc Now if you haven't, dollar cost average into Quality Companies when they were cheap and now you have a big big dilemma because the market is super hot and there's a lot of fear of missing out. There's a lot of Fomo and trying to find the you know the solution to this and I'm not going to lie to you, there's no Simple Solutions here. There's certainly things you can do, but it's not going to be a quick fix where you can just fix it and you know that's why.

Warren Buffett Always said the market is the transfer of wealth mechanism from the patient sorry from the inpatient to the patient. Now you're getting a grip and now look, the market is very short-sighted. It always will be and that's how it works. The market always looked at expectations and estimates for six to 12 months, sometimes 18 months.

The market cannot price in a company like Palantir which has a beautiful future in 10 years. It just doesn't work like this. Very I'm use volunteer because it's my Prime position but you get my understanding type right, my point and long night of drinking with Grandpa you get my understanding. What a dumbass thing to say.

I'm not going to edit this out at all. In fact, I'm not going to edit this video at all. And now look if you were on our private community on Patreon and on a Discord we've entered the position of Nvidia In 2021 we did 150. We entered Palantir as you know in November 2020 and that is still down.

So as you can see there have been mistakes. There have been wrong calls plenty but we have built a very solid portfolio in which overall very happy with the results and the idea here is like what do you do now right? It's not about us. No, of course what you should do is join our community. It's on patient.

It's five dollars per month literally a price of a cup of coffee and you can become part of our community. We have an active Discord where we talk about stocks. There's no Echo Chambers People criticize. People talk about their bullish theories, but the bearish theories.

That's the idea of a community. It's not a, you know, a one hive mind where everybody is identical in their beliefs. That's the whole idea. So first of all, join our community.

That's definitely a recommendation. and because for the price of what it costs, you're definitely getting a lot of value now. Um, What I can tell you is a few things right? The one thing I've learned over the years, you never want to buy into a spike. Never a good idea.

Now how long can this bull run continue? Maybe another week. Maybe another month, Maybe another three months I Don't know, but the idea is I can't time it. neither can you. Neither is anybody else.

So buying into this Spike hoping to catch the wave is a very dangerous strategy. which I don't play. But you, of course you know you're big boys, big girls. You can do whatever you want.

What I think you should be doing is if you haven't yet start dollar cost averaging into quality long-term good businesses. join our opinion, join a Discord I'm not here to call. you know the bottom or the top of these things I Don't know, but learn how to invest proper. Learn how to invest long term.

For example, let me give an example of what we have a few days ago. You know right now the new hype is growth stocks again right? Nvidia is hard. But it is hard. all the growth stocks are running up and everybody's selling off of the you know the boring weren't profit stock.

So for example, a few days ago one of our community members by the name of Darnita shout out to Darnita from my community. She came up with a stock called Epd and we all the community broke it down. I'm gonna put the ticker below Epd. We broke it down and it's been flat over the past six months.

It did like three percent. It has a dividend yield of eight percent ten percent net income margin 30 Revenue growth per year and it's currently trading at 10 price to earnings so very not fashionable stock because it's not growth hype like all these others companies, right? So everybody's right now selling out out of all these boring Warren Buffett stocks. And at 10 P E with these numbers with an eight percent dividend actually seems like a good enough candidate to research. And you know, try to rebuild your portfolio from the ground up, not trying to catch away, but trying to build the foundations.

If you try to build a building, you want to start with solid foundations and then Build It Up not, you know, patch things together so it lasts for a few days. So this is all I got for you today. Join the community, learn how to invest if you haven't yet, just keep building your strategy from the ground up. You don't have to join our patient to do it, just watch the videos and learn how to dollar Cost: average long term so you don't get caught in these homo.

Cycles Because this cycle will come and go. It's going to be a new bloodbath, people will get spooked again, etc. etc. Palantir may go back to eight dollars, who knows.

but if you're long-term you honestly don't care. Now for those of you who are already in our community, I'll see you this Wednesday and Tuesday sorry Tuesday and Wednesday Grandpa too much vodka Grandpa Tuesday and Wednesday on our weekly Zoom call I'll see you on our Discord if you haven't yet. The link to join is below and I Would love to see you there. Come and say hello.

see you next video.