Michael Tagaris
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Book Summary: Manny Khoshbin’s Contrarian Playbook (Part 1)
Along with growing our wealth from the stock market, Bodhi and I plan to obtain real estate licenses and purchase income properties. We plan to open a joint corporation and build a real estate career from it. This will allow us to take the next step in obtaining financial freedom. To begin this career we…
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How to Build a LONG TERM Investment Portfolio
In this post, I will be going over my personal attack strategy when it comes to buying stocks for a long term position. We will look at what a good entry position is, what stocks should you buy, and how to decide how many to buy. It is also important to note that this is…
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What is an ETF?
An ETF is short for exchange-traded funds. It is an investment fund traded on stock exchanges, much like stocks. ETFs are used to group sectors of industry and create less risk for investors. Let’s look at an example. The best example is to look at the ETF for the S&P 500. This is known as…
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My 9-5 and 6-10 Jobs
You’re probably asking yourself what are my 9-5 and 6-10 jobs? This is another important factor in becoming financially free. The concept is to use the degree I have earned through college to get a solid job in a growing company, working “9am-5pm”. This ideally will be your main source of income. The “6-10”…
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The Dead Cat Bounce
On February 19, 2020, the US market it an all-time high. The S&P 500 hit $3,393.52. In a matter of 26 days on March 23, 2020, the S&P 500 hit its 52 week low of $2,191.86. WOW. That was a 34% dip in the market. For a point of reference, the 2008-2009 recession saw a…
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Surviving Adversity
Recently my mentor shared an article with me, it emphasizes the mindset of accepting and preparing for adversity. The article talks about a quote from Warren Buffet that needed some light shined on it. Back in Berkshire’s 2001 financial report, Buffet said: “Predicting rain doesn’t count, building an arc does.” This is considered The Noahs…
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Microsoft Analysis
Microsoft… where to begin. Tunaman and I first bought Microsoft after the correction in December 2018. The stock was then priced at $100. We thought we were nuts for buying a couple of shares for this price. Now looking back, I wish I put all of my money into MSFT. The company is currently trading…
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How We can Fill the Financial Void in Young Adults
Throughout the great years of high school, no one ever sat me down to discuss what possibilities I could have financially in the future. All my teachers, guidance counselors, and coaches only asked me how my grades are, what do I want to study, or what was I planning to do after I graduated high…
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Seven Things Successful People Say no to Everyday
They say no to opportunities and things that don’t excite them, speak to their values or further their mission in life. They say no to superficial networking events in which people swap business cards and never hear from one another. Why? Because successful people don’t network. They build relationships. They say no to spending time…
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Dividend Reinvestment vs Compound Interest
After reviewing Dividend Reinvestments and Compound Interest I would like to make a post comparing some pros and cons. I will also give my opinion as a follow-up. Dividend Reinvestment Pros Cons Shares are appreciating assets Stock market is unpredictable More stocks = Larger dividends to reinvest Companies may not be able to pay out…
Financial Freedom 101 