Something's can cut. Do you need astro, Aircon, Starbucks/bubble tea (if you drink it regularly), rm60-200 phone bill?

For me I live without any astro, Aircon, no Starbucks/bubble tea and my phone bill only cost RM35/month with unlimited calls and unlimited data. When I worked. I switch to office WiFi. My house got 4 people and I only pay rm60-65 for electricity and rm9-10 for water.
I invest the savings. My house internet bill only rm94/month.

Another leakage is grabfood, foodpanda. That's why I never ordered anything from them to this day. Another way you can save money is do intermittent fasting. It help you to save cost on food and it's good for health (personally doing it, hence only eating like once a day to lose some belly fat)

You cannot have everything in life. Either you get financial freedom or spend as much money as possible and live the moment. I prefer to have financial freedom that's why I am extremely frugal. I don't cut down on health. For me I spend lots of money on good healthy food, good supplements (prevention for heart attack, stroke, high blood pressure and diabetes) for myself and family.

Apart from my savings, I on and off take on part time job to increase money available for investing.

Savings is only one part of the equation. You can try side hustle. Open up fiverr and see if you can do any job there.

Some advise for you.

This post has been edited by Ramjade: Apr 20 2022, 01:48 PM

Cause market is forward looking. 200k lost in subscriber and growth slowing down. It doesn't deserve such pricing.

I heard of one guy who achieved fire off Netflix alone. Hopefully he's doing well currently or diversified.

That's why I don't bother with either Disney or Netflix. Too many competition in streaming place. I invest in Adobe instead. How Disney or Netflix miss or beat earnings they need to use adobe products to keep producing content. Something which I pick up when I was doing REIT investing.

Doesn't matter how's the economy or business doing, the landlord gets paid regardless. The landlord only don't get paid if the company/business move away or bankrupt.

For me medical insurance is one part. I believe more in prevention. Well one of this days you need to seat down and do cashflow of your account and see where you can optimise savings. Only you can help yourself.

This post has been edited by Ramjade: Apr 20 2022, 03:29 PM

If your company like palantir which is debt free and Google or Microsoft, you have no issue with debts.

Palantir is debt free.
Google cash is 139.6B, long term debt only 14.8b
Microsoft cash 125B, long term debt 48b.

They can choose to wipe out their debt only they choose not too.
It's essentially debt free as the cash can just wipe out the debt.
Yes net cash is not debt free but in terms of Microsoft and Google, you tell me.

Let's not forget cash flow.

This post has been edited by Ramjade: Apr 23 2022, 01:22 AM

They are debt free, USD2bil in cash in their balance sheet, Gross margin at 70%+, revenue growth at 40%+p.a (company being conservative by saying 30%p.a), their largest client is government which give them stable income, they are positive free cash flow, path to profitability can be seen clearly. They are not only in government. They are in oil and gas, healthcare, mining, aeroplane production, Swiss banking.

Some of their customer BP, Airbus, UK NHS, Rio tinto, credit Suisse.

Do I need to say anything more?

Palantir is not Nikola. Nikola is concept with no actual product and a scam. Palantir already have a proven product which helps company to save money. If something saves you money even though you need to pay for it, will you continue to use it or just discard it and lose more money if you are not using it? Something to think about.

Go watch Tom Nash video for more info.

This post has been edited by Ramjade: Apr 24 2022, 10:58 AM

Google, Shopify, palantir, Microsoft, Airbnb, Tesla, Visa.
Put 10k into each.

I won't bother with Facebook.

Alternatively
Google, Shopify, palantir, Microsoft, Airbnb, Tesla, Visa, AMD/Nvidia (pick one),
USD8750 each.

Yes those are some of my holdings or what I intend to hold.

This post has been edited by Ramjade: Apr 24 2022, 11:29 AM

If you look at their stock based compensation, it have reduced significantly in their latest report.

How are you going to fight Google, Amazon and Microsoft for employees?

For me palantir is at least a 5 years hold.

This post has been edited by Ramjade: Apr 24 2022, 11:40 AM

Not enough spot for his usd70k

This post has been edited by Ramjade: Apr 24 2022, 12:26 PM

Don't get me wrong. I have Adobe and I intend to hold on my adobe. In fact, I added some more on Friday.

If you have faith in chicken genius, them all in on Tesla.

I will modified your list a little bit.
CNI, JNJ, WM, Costco/target, home depot and United healthcare are better picks.

Health companies have patent expiry risk. That's why you see I don't hold healthcare in my portfolio. The only one that I will consider adding is JnJ, United healthcare and Abbott.

I don't know why you want to go for those company with <10% revenue growth or low net profit margin or lesser cash to debt when compare to a Microsoft, apple or Google.

This post has been edited by Ramjade: Apr 24 2022, 03:56 PM

He produce a video on how to retire on Tesla alone no matter where you are in the world.

Wrong. You will get USD56. Remember everything you see in options need to x100.
If you are using cash secured put, yes get locked up.
If you are using margin nothing happens. Just use your buying power which is not equal to USD1050.
Yes. Until account expired.
You can get the premium only if the price stays above usd10 50.
You can get premium and force to buy if price drops below 10.49.
As a seller. you cannot exercise anything. Only buyer can exercise.

Of course but rare. There's one example I know. Some guy did sell put on sea. I think 120. Price was 100 and got exercised even though expirty like 3 months away.

Happen to me before? Nope.

Well apparently TOS doesn't like it.
For me Google > Nestle, Roche, Novartis, JNJ, Walmart, PG, JPM anytime, anyday. That's why I don't waste time and money buying the above as my resources are limited.

I have to thank Daniel Pronk for and The Investor Channel for bringing my attention to Google.

Now waiting for Nvidia, amd, microsoft to sell off further to scoop up some more.

This post has been edited by Ramjade: Apr 25 2022, 01:34 PM

I never all in like chicken genius. You can do wealth preservation by buying Google, apple, Microsoft.
No need to follow conventional textbook.
Like textbook ask to diversify.
For me personally and some bloggers and YouTubers found that diversify = diworsification.

Never always follow textbook. Follow people like buffet, Peter lynch.
They are better teachers than conventional text book.

Suggest you grab a copy of one up on wall Street.

This post has been edited by Ramjade: Apr 25 2022, 01:33 PM

Buy low capex companies with recurring increasing revenue where possible.

Actually must do opposite of what big money is doing. Everyone buying "value" is basically no more value.
Now value is found in big tech.

If you follow money flow you will need to buy and sell every month.

I don't follow big money. I buy quality companies when they are cheap and hold on to them for dear life.

This post has been edited by Ramjade: Apr 25 2022, 08:21 PM

Same. Looking to load up more. Thanks EPF.

TOS something for you.
Watch until the end. It's from one of the youtuber I follow.
https://youtu.be/__MR5AmFpdo

I know won't change your mind but something to pick your brain. Hahaha...

This post has been edited by Ramjade: Apr 27 2022, 01:28 PM