5 Stocks I’m Buying In A Panic | Joseph Carlson Ep. 296

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Biggest lesson i learnt in 2022 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, waiting may not be the best decision for investors. It might sound basic or generic, but getting in touch with a financial adviser was how I was able to outperform the market and raise a profit of $450,000 since Jan 2022. For me, its the most ideal way to jump into the fin-market these days.

My portfolio has good companies, however it has been stalling this year. I have approximately $600k stagnant in my reserve that needs growth.

Thanks for all you do Joseph. Your honesty and forthrightness are invaluable. There have been days recently I briefly considered cutting losses, tax loss harvesting, and selling out of most or all positions and holding cash aside. Your videos have kept me from doing this. I look now at my holdings the same way I look at my rental properties...I've put out the capital to acquire, and I'm getting "rent" for that holding every quarter. As long as I'm generating cash, why should I care about being red or green? Not like I just liquidate my rental properties because of some theoretical, unrealized valuation adjustments.

MSFT is a great pick.

Great thought provoking update as always.

@5:00 There are numerous flaws in this argument/thesis. Your yield does not go up because the stock price went down. The only thing that changes that after you bought the shares is if the company changes the dividends per share. If we are heading into recession chances are the dividends per share will be cut with your typical company. That will in turn cause a sell off of the stock. So, the stock price goes down and your dividends per share goes down. Your actual yield certainly goes down, and the current computed yield (based on the current DPS and stock price if you bought the stock today) may also go down. Companies can even suspend the dividend entirely. The stock will sell off big time, and you catch a massive pie in the face. All I am saying here is don't count your chickens. Love the positivity you bring to the community, and I certainly appreciate your viewpoints.

Hey Joseph. Could you talk about tsmc? Thanks

Does the ytd performance on m1 does that take into effect money you’ve deposited over the year?

Good vid I will have to do some due diligence on texas roadhouse but it sounds like a stock that would be a nice addition to my portfolio thanks for pointing me towards it

Does qualtrim cover also stocks/etfs outside the US? Mostly interested in European exchanges apart from US.

What is a fair value for Union Pacific?

The opening of these video where it shows all red the stocks what website is that

Quick question Joseph - can you explain why you’re not concerned about TXRH’s unusually low current ratio of 0.5? Thanks!

Love TX roadhouse but it’s just too expensive right now. Wait for a dip

I wish m1 would change the weighted average and chart systems besides that its been a great product for me

Texas Roadhouse seems super popular with successful enough retirees. They serve the ambrosia of retired heavy machinery workers. I think their patrons are less affected by slowdowns unless their pensions all go bust.

I’m buying into SCHD next year

Joseph, video on your bottom 5?