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Owned by Joey

Investing JustJoey style

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This is for financial education. Budgeting, loans, credit scores, investing. The basics, simplicity and mindset how to improve your life with money!

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292 contributions to Investing JustJoey style
Remember Ownership and Consistency that is what matters.
Stacking ownership is the best way to build wealth. The wealthiest people don't sell their assets they buy more and leverage safely. Continue to build those position for 3-5 years and then do it again and within 10 years you have one heck of a foundation built. Then income can come from there. I can teach this once you get there.
1 like • 2d
First thought is suck it up buttercup lol But this depends on what you are looking for? Personally averaging up does not bother me especially when a company has major growth possibilities. If you think you companies are poised to grow beyond what you are averaging up too I see little reason not to. Even if it doesn't grow a ton we can sell CC's for increased income. If the upside of income outweighs out ways the small loss why not do it? The long game tells me hold as much assets that are well researched and vetted, because appreciation should surpass inflation or the loss of value from the dollar. Also you can asses that individual asset to see if it is worth averaging up.
GAIN
Hey Joey, I was going to call you but thought I'd talk about this in here for all to read. You know I have a dividend account. I started buying at a low and have for the most part been green and I hate averaging up so I don't do it often. I have 59 shares of GAIN with an average of $13.72. I'm up 16% which is $135. The dividend is $4.27 a month. It would take me around 30 months if I didn't buy any more shares to make $135. The question I have to ask myself is if I sell will it come back to or below my average cost to buy back in. My goal was/is to get 100 shares of every company I own and then let the dividend buy for me, but when I look at it this way It really makes more sense to sell and try to get back in. What are your thoughts? I'm open to anybody's and everybody's opinions.
1 like • 3d
@Randy Skaggs I think anything under $20 is a steal for SOFI IMO
0 likes • 2d
@Randy Skaggs SOFI chart is looking bullish but could have a small pullback. I think that is a great roll for SOUN. good strike and good date. well done
MSTR!!!!!!!!!!
MSTR bought another 34,164 bitcoin last week. For a total of 815,061 bitcoin. That is $2.5 billion worth of bitcoin in a single week! Stack shares of this company. The best company I've ever seen
Market can change quickly
These are the fear and greed indicators for crypto and the stock market. Notice in February we were at the Lowest level in crypto pretty much ever. We literally went from extreme fear to neutral in 2 months, think about that? This is how irrational the markets can be. Look at the stock market as well... WOW. From 20 to 68 that is extreme fear to almost extreme greed in just 30 days. All of this noise that puts pressure on the market one way or the other and generally just that noise! This is why I teach DCA (dollar cost average) Basically means you buy on a regular schedule of your choosing. It bypasses the noise and focuses solely on ownership. Having the most ownership over time is what is important, not the short-term fluctuations. Set it and forget it, stress free, ownership. That's what we do best here.
Market can change quickly
0 likes • 4d
@Michael Krug You know it!
I hope people have been stacking shares
The market is starting to turn around. The war is becoming less and less of a concern. Generally when market are very scared it is best to hold or buy. I have covered calls against MSTR right now, I rolled them to keep my shares. You are about to see why it is important to keep buying more ownership. Over the next several years you will understand why I picked the companies I have. MSTR on a tear today!
1 like • 6d
@Michael Krug SOFI is safe! :)
2 likes • 5d
@Michael Krug yeah we can’t make every single move right so we just have to do with what we think is best and stick with consistency that’s better than timing
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Joey Shaw
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@joey-shaw-5796
I’m JustJoey you gotta get to know me

Active 7h ago
Joined Apr 12, 2025
Ohio