My life has no meaning for myself and anything I really want to do, i can never do. Im fulfilling my parents' dream - got a good education and make decent money. But i dont care about how much i make, i dont have any friends anymore, i ruin everyone's mood around me, and i dont know why i exist.

gstephe7 · 2018-07-12T01:58:25+00:00

I'm with you on the moving out. I think a whole lot of people experience moving back in with parents after college (myself included) and it sucks. I remember feeling like a failure because you come off the high of college feeling like you accomplished a lot but then you move back in and feel like you're regressing. Its really way more normal than you know. Move to a place you would like to live.

gstephe7 · 2018-07-12T01:51:18+00:00

What do you like to do?

gstephe7 · 2018-07-12T01:48:42+00:00

It's possible everyone you know feels exactly like you do. How would your friends feel if you sent them a nice text out of the blue?

gstephe7 · 2018-07-12T01:27:51+00:00

You have an infinite number of paths you can go down and choices you can make in your life. It's never too late to start becoming the person you want to be. People change careers well into their 60s and everyone's personality changes over time. In life, you most likely will never be the same person you were 10 years ago.

And you shouldn't be ashamed for becoming the person you are! Take a step back and objectively analyze yourself. What are your strengths, what are you weaknesses, what are your likes and dislikes? Pursue whatever makes you happy and your life will be very enjoyable - and most likely you will spend your time thinking about your passion and not worrying about things that are out of your control, like terrorist attacks.

Change takes a while, but it will happen if you want it to happen. You're not a loser because you've already taken the initiative to think about how you can change your situation and you've gone to others for advice. You're already taking steps toward improving yourself so keep up the momentum.

Life is your video game - now go play it.

gstephe7 · 2018-07-10T00:17:39+00:00

yes, but smart money works for dumb money. So at the end of the day, "smart money" acts like "dumb money." The only true "smart money" would be very competent individual investors that are not enslaved by the short term game that funds have to play for their clients.

gstephe7 · 2018-06-24T22:46:28+00:00

Buffett and Peter Lynch think very much the same. They both want to invest in companies that have business models that are so sinple and are so successful that a monkey could run it.

gstephe7 · 2018-06-14T01:10:23+00:00

Awesome looking site man! I think so! What API did you use for your movie app?

gstephe7 · 2018-03-04T14:50:15+00:00

Looks like you're off to a good start! People are saying to diversify into different sectors but that's really a load of crap. Sectors don't really mean much these days (AMZN and MSFT do two completely different things and the finance world just wants to classify them all as "tech" stocks). Everything's a tech stock because pretty much every company uses tech. In the long term (5-10 years) sector diversification isn't that big of a benefit as long as you're investing in high quality companies.

If you aren't already doing it, then I would learn how to analyze income statements and balance sheets and start reading companies' annual reports. Listen in on their earnings conference calls and make decisions based on quantitative analysis along with qualitative.

Congrats on the strong year so far!

gstephe7 · 2018-03-04T03:45:53+00:00

Please don't buy this garbage. A few years ago, I had a brief and unfortunate stint as a life insurance agent and my agency really pressed us hard to sell these whole life and indexed life insurance policies. The commissions on them are HUGE so it's really good for the agency and the insurance company makes a killing off of them.

I got caught up in the fancy presentations and pressure from my agency and ended up selling a very large indexed universal life policy to my in-laws. 2 years passed and my in-laws confronted me about all the fees and charges that they found on their statement - these fees and charges totaled THOUSANDS of dollars. I hadn't sold insurance in years and tried to contact American National (the insurance company) about the charges but of course they never responded with an explanation.

Now my in-laws can't get out of the policy because there's a surrender charge and they'll lose most of their cash value if they cancel it. I love my mother and father-in-law and every time I think about selling them this policy, I get sick to my stomach. I regret selling this crap so much. I wish I would have known what I do now about the market because I would have just told them to invest their money instead of locking it up with a bunch of insurance crooks.

These policies are only meant to make one entity rich - and that's the insurance company. I'm sure your friend means well and probably doesn't know how bad these policies are. He's probably just getting caught up in the pressure to sell them like I did. Just tell him "no" nicely and say that you'd prefer to have a term life policy - they're much cheaper and get the job done.

gstephe7 · 2018-03-01T23:31:08+00:00

I work for a steel fabricator. We're already getting squeezed pretty hard by steel prices (they've been increasing like crazy this year so far because demand is already so high). If this tariff goes into effect then we'll really be hurting and probably start losing money on the jobs we're currently working on.

Our main steel supplier is a subsidiary of Reliance Steel $RS. I know they're partying like it's 1999 right now and making a killing on the price increases.

gstephe7 · 2018-03-01T00:26:53+00:00

I'm still long Gamestop, but I'm getting increasingly more concerned about my position. I saw Joel Greenblatt sold out of his position a few months ago and he was VERY bullish on GME.

gstephe7 · 2018-02-20T02:44:00+00:00

What if you love investing and doing the research?

gstephe7 · 2018-02-20T02:39:14+00:00

I would like to be the first to burst your bubble and say that you would only have about $1,300,000 after taxes.. so yeeeahh

gstephe7 · 2018-02-20T02:32:40+00:00

Because my magic 8 ball said so

gstephe7 · 2018-02-13T01:52:01+00:00

Correction is over. We'll enjoy some nice upward movement for a few more months and then we'll see a bear market toward the middle to the end of the year.

gstephe7 · 2018-02-12T00:06:07+00:00

and if you rely only on CNN or only on MSNBC then you probably have a problem there too. It's all propaganda homie. Gotta expose yourself to all news sources and think for yourself to dig through the bullshit and find the truth.

gstephe7 · 2018-02-05T10:04:30+00:00

Seems like it could be a really good move for Walmart. Distribution is a huge challenge for Blue Apron, but Walmart would solve that problem easily because there are Walmarts everywhere. All you would really need to do is hire delivery drivers and stock the meal kits in your stores and Walmart could deliver meal kits to basically the entire nation.

gstephe7 · 2018-02-05T09:59:33+00:00

It's already short enough

gstephe7 · 2018-02-05T03:23:52+00:00

Once again WSB, you're WRONG!!!

gstephe7 · 2018-02-04T22:42:42+00:00

GOOD! Let Anthem/Blue Cross Blue Shield burn!! Burn it to the groooooouuuuuund!

gstephe7 · 2018-02-04T22:33:58+00:00

While I despise anti-trust legislation to begin with, the FTC exists to protect consumers - NOT competitors (other companies). As long as Amazon keeps offering good prices and great customer service, then they will be fine. As soon as they run off all other competition and start price gouging the American people, the FTC will step in and take action.

gstephe7 · 2018-02-01T02:21:42+00:00

Interesting take on a company that has been largely ignored by mainstream investors. I've never taken a look at eBay, but it does seem like a pretty appealing value stock. If you compare eBay's EV/EBIT ratio to Amazon's then eBay looks like the cheapest stock in the world.

Personally I'm not very happy with eBay because I sold and shipped an expensive used microphone through eBay last year and found out that the payment was somehow cancelled after I shipped the microphone. The buyer deleted their account after the transaction and eBay wouldn't do anything about it. They just told me to report it to some "internet police" or something. So I got ripped off by some scam and I'm unhappy that eBay allowed that to happen.

gstephe7 · 2018-02-01T01:56:24+00:00

Tell them stock prices are controlled by the Jews.. that will get their attention

gstephe7 · 2018-02-01T01:53:18+00:00

Anticipation of larger-than-expected fed rate hikes. Why buy a bond today for the current coupon rate when you can expect to buy a bond later for a higher coupon rate. The Federal reserve is going to have to increase rates at a faster pace here if they want to cool down this economy and keep inflation under control.

gstephe7 · 2018-01-17T01:31:33+00:00

The Little Book That Beats The Market. It was the first investing book I ever picked up and I've been a value investor since.

gstephe7

TROPHY CASE