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A basic video to break down what a stock is.
I'm not saying P&G is a buy, this video just explains the very basic essence of a stock. Remember, we are buying a seed to plant at our farm, this seed will hopefully grow into a nice fruiting tree that pays us for years to come without any additional input. https://www.loom.com/share/dac7941bda164159966cc496040d24c0
A basic video to break down what a stock is.
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Start Here - Welcome to Farming for Dollars
I'm glad you're here. The stock market is not a speculative gambling parlor and a stock is not a line that goes up and down on a screen. A stock is a seed that you will plant and allow it to grow for you without requiring any additional input. Tending to your farm can be as passive or active as you prefer but like any good farmer you will want to harvest your crop at least a couple of times a year. The Course is straight forward and presents stocks in a fun, tangible way. Head to the classroom tab to begin your farming journey. **Disclaimer: I am not a financial advisor or tax advisor, this community is for educational and entertainment purposes only.**
Beginning investors in trading cards!
- Starting to invest in trading cards can be both exciting and budget-friendly. A great beginner-friendly approach is to focus on affordable sets—consider modern sports cards or Pokémon cards, which often have lower price points than vintage cards. You can begin by purchasing booster packs or starter boxes rather than individual high-value cards, allowing you to build a diverse collection without significant financial risk. Additionally, joining online communities or forums can provide insights and support as you learn about the hobby. Remember, enjoying the process is just as important as potential profits, so take your time and explore what interests you
Sell the News?
Is the bigger news today Jerome Powell's speech or the Oracle Earnings call?
What is an option?
Options are used in both stocks and realestate. The name tells us exactly what it is without describing it. You simply have an option to buy or sell an asset at a pre-determined price and up to a pre-determined date. Here's a realestate example because it's a more tangible asset that we can easily wrap our head around: You own a piece of raw land you want to sell for $50k and I am a builder. I am considering buying your land and building on it but I want to make sure I do my due diligence prior to forking over the entire $50k for it. You could put it under contract with me for 90 days while I do my due diligence but it locks up the property so you can't sell it to anyone else. I could walk away at day 89 and you just lost out on 3 months of opportunity cost to sell the land to someone else. Alternatively you could SELL me an option. For $5k you give me the right to purchase this property for $50k any time between now and 90 days from now. On day 91 I no longer have the option, my option will expire worthless. What's the benefit to this? You receive a non-refundable $5k for locking up your property with me, I receive the ability to do my necessary due diligence and save myself $45k if the land ends up not being what I'm looking for. Hopefully this helps.
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Farming for Dollars
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Grow your farm by learning about investing.
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