Stocks for beginners 2018 – RICH TV LIVE – October 11, 2018 – Subscribe to Mind Your Wealth With Nika Domi Channel –
Cryptocurrencies cannabis stocks and ceo interviews brought to you by rich tv live i mean today this is your boy rich and i’m here with a very special guest it’s me kagome how you doing today nikko hey how’s it going very good very good it’s going great i’m very excited to speak with you today we are going to be doing an ongoing show and we’re gonna be talking
About cannabis stocks and stocks in general and i think you have a very interesting story and i would love for you to share your story i know you’ve been in the cannabis stock sector for less than a year so how did you get into stocks and and cannabis stocks and why are you buying cannabis thomas well it is a very fast-paced journey for me death started very quickly
Oh as a decision i was probably a split second decision where i just got a tip from a good friend you know he said hey you need to go to the bank and open yourself that fax be savings account for trading wow and i don’t think i asked many questions i ran to the bank i opened the account and i worried about the rest later wow so it is probably the most important
Step that a lot of people that even that i talk to right now and that i say to them listen it’s really really flowing you guys have to get this account and start training and a lot of people hesitantly say you know what i’m gonna look into it and i’ll keep reading and you know and this is what everyone sort of loses out just get the account open that’s what i said
And then we’re able up the rest because the time is ticking we have october 17 literally in a few days and it’s just a huge day for canada you did the world even because where were you eating this this dirty onto the the natural ways of doing things and bringing the nature into the business into the stock market it just it really creams what it’s how powerful it is
Because if we can see the rise on all these companies is enormous this hasn’t happened since when they say since probably when the.com big explosion happened back in the day so this is really a big thing and i don’t think a lot people realize how huge it is until they see you know their money going up and in the accountant and then they realize so that’s my dirty
Basically i started early this year i think i was a little bit late but he never never to me you know it’s never too late i agree it’s not too late honestly we’re five days away from legalization legalization is the start okay so many people got it twisted like yesterday i’m talking to some parents and my son’s soccer game and one of the parents you know it’s his
Opinion his opinion is in 12 months this will be done it’s gonna be 12 months everyone’s gonna be talking about cannabis thoughts and then it’ll be done no one will talk about anymore i disagree i disagree this is the next 20 years this is going to be consistent news there’s going to be consistent breakthroughs there’s gonna be billions of dollars made over the
Next 10 to 20 years in this industry companies are gonna blow up like canopy growth has and instantly has become a billion dollar company in four years four years we’ve seen canopy quotes from $1 to like 60 plus we’ve seen tilray go from $20 to as high as 300 in the last few months we’ve seen aurora cannabis go from $1.00 in january of 2017 when i was buying it
To $15 we’ve seen we’ve seen a áfreeá go from $1.00 in january of 2017 to $20 today it ain’t going nowhere people this is just getting started it’s gonna go up it’s gonna go down that is always why i say buy when it’s down selling its up have no emotion because the way these stocks work is if they go down they ain’t gonna give you your money back so you need
Things that you need to be ruthless and when it’s excited about having more women trading with us here in rich tv live because our communities predominantly men 87 percent of my audience is men i don’t know why but i want to change that so i’m excited about working with you doing the show with you so that we can attract more women to show the women listen women
Are better traders than men historically why are you not involved in the cannabis they’re why you’re not involved in investing it’s another asset it’s like investing in real estate buy it stack it away store for a few years a couple years you come back and that stock could be up a thousand percent well what i’ve learned through the months that i started actually
When the whole the wave has kind of come down and i bought in my first company was organic meant yes but i really believed in it and he said listen start with these guys are really awesome that i did my research and i all sort of did my research on them i started reaching out from organic gram it went from one to another s that are leading up with about all these
Companies you know we spend so much time just slowly you know scrolling down and stupid and page that it isn’t our facebook’s and you know we click like on all these things and we read all these about this information but what is this information you may be bringing into our line but isn’t is it benefiting our lives that much you know we’re spending that time
But we’re not growing so i have taken that time away from you know scrolling through things and i put it into learning about the stock market learning about the companies and it just became quite easy it’s not as hard as people think you don’t have to really know the technicals at first all you need to do is make just pick a couple companies that you feel good in
Your inside about because it really comes down to your intuition you feel kind of warm inside when you’re reading about a stuff it’s probably you know it’s probably a good chance that that’s a good stock trading so just pick some favorites learn about them keep reading the rule of thumb the more idea to know the company the more that you will know their behavior
And how their stock goes and when it could come down for example just now i just sold my organic round with my first full of eyes my graduation i know i held it i held on to it since the beginning i bought it on i think or something huizinga no my soul whispered seven they were seven i don’t know how i never sent returned and you almost doubled your money girl
Yes and i waited on that one i learned it only behaved and now i knew that they hit their tub so i thought you know what i’m selling it smarts i figured that they would come down and consolidate a little bit and not get all set for that next moment to the position back again and and keep going because i think they’re pretty good they just actually got there of
Organic license time yes so i’m pretty big into organic stuff and you know i’m sure a lot of people are and i think that’s a huge benefit i think they’re like the italy a3 company they’re organic certified and right in this sector right now at the canadian apiece so guys the symbol for gamma gram in canada is co gi and the symbol in america is og rmf and oh gana
Gram is one of my fat five when i first started doing my channel january 2017 vogue anagram was at a dollar a dollar here we are less than two years later they are at 750 so there are 700 percent in less than two years and then you wonder why i say the people you should get into stocks it’s an explosive way to make money yeah you can lose money it’s very risky
Guys remember rich tv live is strictly for education entertainment purposes do your due diligence do your research before you invest than anything that you talk about and hear about here i’m rich tv live now one thing that nika did say that i love is that she loved the company she researched it and she loved it even though her friend told her to buy it she wasn’t
Gonna do it until she researched it first and fell in love with the company and congratulations that is exactly how you win in the stock market and i’m not surprised that you won and i guarantee you will win again and again if you continue to use that strategy what i figured right now these months i mean i’ve made some mistakes and agronomics you’ve lied for these
Mistakes because sometimes if you make a a small mistake and again start small oh you’d love to jump in huge yes your face will save you from making that same mistake another time when you say could have lost a lot more so it’s really good to start small make some mistakes just put in the cut the amount of money that you can lose and just figure your way and i’ve
Divided my companies in this way like i have i’m going to show you how a big list i started like writing down like some kind of news i just write down because it’s somewhat impossible to remember everything right you are dealing you are dating the stocks yeah right it’s called native the stocks you’re getting to know their patterns you’re getting to know their
Their trends you’re getting to know their news you’re getting to know their tendencies once you know everything about the stock and you dated it then you can marry the stock and to me marrying the stock is buying the stock now if i sell the stock in the green that was a very very good marriage now if i sell the stock in the red that’s a divorce i don’t like that i
Don’t like the moores i don’t like selling in the red in fact i will not sell in the red so what i choose to do my strategy is invest in the research find great companies with strong revenue strong balance sheets strong products great management and if they go down i buy more and if they go down and i buy more if they go down if i’m or i get a bunch of stuff and
Then eventually 3 months 6 months 12 months 18 months 24 months down the road they always explode because these companies have to explode to raise money and i know this so because i know they have to explode to raise money at some point eventually they will they will it’s a strategy now to take the take seriously i think going forward because we have the date coming
Up so fast and a lot of people were expecting this day can’t be ugly then there’s others saying oh you know what it’s all faith in the price it’s already been kind of you know pre-made and you know it’s orders i said some people who say so but it’s definitely not offer it’s just the beginning the only thing that we have to now be kind of mindful of is maybe just
Really invest in the companies that you really believe in that you have what you just said exactly good management and good strategy that are secure you know someone that is you feel comfortable with and i think those companies that have good ceos that have good business strategies and you know those are the ones that are gonna be left and probably the smaller
Ones will get bought out too so there’s never you never know because there’s so many company joining together and to form a big company so it’s really not a lot of ring to lose i think still so i think that it’s just it’s just getting started for sure because the earnings are coming in the sales are coming in now we’re going to be based on the actual sales you
Know that we could look at what the company has sold and how much their revenues are and how much their profits are so before we wouldn’t really able to do that a lot of companies don’t really have they only go back a quarter or two quarters you know just because they’re so new so their companies are so new we can’t really predict how they’re gonna behave but now
Going forward i think the earnings are gonna be the main focus i go from i come from the warren buffett school of investing when warren buffett invest in a stock and people are like hey warren wait these gonna do tomorrow like i don’t know they’re like what do you think it’s gonna do next week he’s like i don’t know is i what do you think it’s gonna do next year
He’s like i don’t know and they’re like no why are you buying it because i think based on my research that 20 years from now they’re going to be a market leader now if you invest like warren buffett you think like that and he’s the most successful investor ever ever in the world why would you go against his strategy so my strategy similar buying the red cell in
The green think long term i’m not even looking at the markets right now i’m not even concerned could they go up could me go down yeah yeah um long term do i think my pics are gonna go up yes i mean yeah that’s all i could say because i’ve invested in time in the research of those companies i didn’t bother them because somebody said buy them i bought them because
I researched them and i believed in them if they go down that i will go down with the ship that’s just the way i treat but i believe in my instinct and i believe in my research i was able to correctly predict aurora cannabis can it be growth áfreeá hmm j etf well gana gram those were my fat 5 last year all of which have gone up hundreds in some cases thousands
Of percent exactly and the same here once that actually had patients for the ones that i held off and waited you know that i felt very comfortable but those are the ones that have brought me the false prophet so that was my organic gram and that was my i friend just before i feel and and i like to pick the big ones for the long term and then maybe play with the
Smaller companies on a like a trading heel on a daily basis so my eyes guy jumped in just it would my intuition telling me i just felt so good about the company and i when i heard the name it was just like ah like you know you you you feel your intuition right now i really have to connect with you yourself too and then so i actually had something like quickly just
To spare the moment i did wait with them a couple months and just now they they hit like a really nice thought off so because of the news that things that came out and i actually just sold them but i’m definitely waiting for a moment to jump back in there because i totally believe they can most like i’m giving them a twenty four dollars in the near future for sure
Is very likely i think that’s very very likely and i’m very very happy with all your success we need more women okay yeah it to be part of the rich tv live community nika is amazing member of the community she’s part of her group chat guys join our group chat is from soup fass it’s a social media platform where we can share pics 24 hours a day 7 days a week share
Ideas let us know if you like the pants you dislike to fix the more people are working together to find pics the more money we’re all gonna make today we drop the video pura one of my members and joe ellington told me about the sub month ago i didn’t take it seriously it went up 50% yesterday it’s up another 50% today that’s a hundred percent in two days on a pig
Now one of our members brought yeah that’s all i gotta say man i mean there’s not really much else to say we have a very powerful community it is getting stronger it will get better and it is free you are a key member to that community thank you so much for your time today i’m gonna let you go back because i know you gotta have an hour left in the market i got about
An hour left in the market let’s go take a look at the stocks thank you so much for your time today i wish you all the best of luck and all of your future endeavors let’s do this again soon all right panel it’s new not much there but it’s coming up following my channel you’ll see a lot of cool stuff there soon i will have a link to nica’s channel in the description
Of this video so you guys go and subscribe to her channel support her channel support rich tv live i love you guys thank you for all your support nikka all the best continuous success thank you so much for everything today and thank you guys for watching we’ll talk to you soon okay you’re not winning you’re not watching this is your boy rich we’re out peace
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Stocks for beginners 2018 By RICH TV LIVE
