All Forum Posts by: MIchael McCUe
MIchael McCUe has started 34 posts and replied 78 times.
Hello my name is Micheal McCue I'm the owner of South Ontario Windows and Doors I do renovation projects with my brothers over at McCue renovations, I need leads to run my business I'm hoping to get advice on the subject, where should I begin, how can I produce leads my current website dosent generate enough leads.
Post: How to analyze Businesses for stock ownership, SOS help is needed.
- Posts 79
- Votes 13
my new portfolio I'm gonna use more conviction so here it is
50% Nvidia
20% I'm waiting on tesla Netflix or Amazon for a better entry then now
30% BRK-B should I change this idk at this point.
Quote from @MIchael McCUe:
Quote from @James Doren:
In my opinion, it's a lot of time and energy tracking that information daily, while still having low control over the situations. Even the best day traders don't typically outperform the markets very often.. so it's a whole lot of work for a potentially slightly better payoff than an S&P500 index fund. That said, it is certainly slow and boring to do that. Obviously I'm biased, but you could get 12-15% returns taking that 45k and being a private lender in a real estate deal. You'd lend the funds and collect steady interest payments before getting your full principle back in 6-12 months. It's backed by a tangible asset (the property the investor is buying), so you get the house if something goes wrong (often worth more than your investment), and you don't have to do anything at all. Just sit and collect your checks. We work directly with private lenders like yourself to buy our own real estate deals, and it's really a win-win for everyone. Something to consider.. it's never good to have 'all your eggs in one basket', in my humble opinion.
I think focus investing is better then broadly Investing as I'm a big buffet fan, otherwise that's an interesting addition, thank you.
Quote from @James Doren:
In my opinion, it's a lot of time and energy tracking that information daily, while still having low control over the situations. Even the best day traders don't typically outperform the markets very often.. so it's a whole lot of work for a potentially slightly better payoff than an S&P500 index fund. That said, it is certainly slow and boring to do that. Obviously I'm biased, but you could get 12-15% returns taking that 45k and being a private lender in a real estate deal. You'd lend the funds and collect steady interest payments before getting your full principle back in 6-12 months. It's backed by a tangible asset (the property the investor is buying), so you get the house if something goes wrong (often worth more than your investment), and you don't have to do anything at all. Just sit and collect your checks. We work directly with private lenders like yourself to buy our own real estate deals, and it's really a win-win for everyone. Something to consider.. it's never good to have 'all your eggs in one basket', in my humble opinion.
I think focus investing is better then broadly Investing as I'm a big buffet fan, otherwise that's an interesting addition, thank you.
Post: How to analyze Businesses for stock ownership, SOS help is needed.
- Posts 79
- Votes 13
What should I work on learning next?
Post: How to analyze Businesses for stock ownership, SOS help is needed.
- Posts 79
- Votes 13
Please help me build my ability to analyze stocks. So far, my analysis techniques are below.
- Before I buy a stock, I get an AI analysis of the current financial standing of the stock. If there's word of risk, I'll move on to a new business, as I'm inexperienced and cannot truly analyze the business other than a quick AI overview
- I check the competitive advantage, making sure it's a great product that is better than all others, based on a business, I can understand and has a great demand currently in the marketplace, and is an advantage.
I'd like new insight into how to expand this ability of mine.
My stock portfolio I learned from Warren Buffett's book, to have conviction in my most special stocks
50% Nvidia
30% Berkshire Hathaway
20% dollarrama soon to be Tesla, Amazon, Netflix when I see a good price
Also, will I survive based on what I know, whats your opinion?
I also focus on the moving average of stocks I buy.
Ill also make sure the PE of the stocks I own is performing or ill sell.
Hi my name is Michael. I'm just asking to confirm if I'm correct and if I should proceed. I like single stocks and only Blue chip stocks I wanna have my whole portfolio owning between 3-6 stocks I've read books, and I will not be doing this blindly, making sure to check the charts almost daily, using the moving average to say sell if I need to because the stock is at an overpriced point and especially if its about to dip a significant amount so do that daily and be on the look out for that amungst my stocks, Ill also go on google and search "whats the financial standing of said business" if the news is good and thiers no issues with the company and the moving average doesn't arise concern ill not sell or cut losses I just hate how slow the index funds are, is this smart I feel like ill do better if this is my plan, but also looking for insight let me know again ill be monitoring the stocks I own like a hawk.
Stocks
BRK-B 33.5%
Nvidia 33.5%
Dollorama 33.5%
-----------------------------------
stocks Id buy if the price isn't crashing currently.
Google/YouTube
Apple
Amazon
Netflix
American express
Visa
current networth 45k
Post: Evicting tenants for a complete beginner with no understanding and very slow learning
- Posts 79
- Votes 13
I live in Barrie Ontario and I plan to buy some multi family real estate with 2 of my brothers who are on the 2nd and 3rd deal, have sutch a small comprehension of the subject I took a peek into an evictions forum from someone living in Ontario and it was just utter jiberish for me me and I couldn't understand a thing anyone was saying so im looking to build my ability to intelligently evict tentnats before I have them of couse my brothers have done it before but id like to step up to the plate and learn what I need to learn mind im new never gotten a deal yet so please make things so simple even a 10 year old could understand it or it will go in one ear and out the other, so pleas help and thank you.