hey what’s going on you guys welcome
back to the channel so i’m shooting a
very very impromptu video here i didn’t
really plan on making one but
i made some pretty major updates to my
m1 finance dividend stock portfolio
and i wanted to update you guys about
that um also i am babysitting my
brother’s new cat here so uh he may show
up in the scene or whatever but uh
yeah super laid-back video here guys but
i kind of wanted to update you on
uh some major changes that i made to my
overall portfolio
so first of all just a few quick
disclaimers uh this is not a
this is not financial advice i am not
any kind of financial advisor
and then you should always do your own
due diligence above and beyond this
video before making any you know
purchase
or selling decisions in the stock market
also there’s been a rampant problem
with uh spam comments and um comments
that are just basically a total scam on
my channel
and a couple of channels have actually
had uh some videos get demonetized out
of nowhere we’re kind of trying to
figure out
where that’s coming from but we think it
might have something to do with the spam
comments
so unfortunately for the time being out
of the abundance of caution for my
channel
i have disabled comments or not disabled
them but they’re all held for review
basically so
if you leave a comment um my va is going
to
approve them manually and negative or
positive is fine
but if you’re promoting a scam or hate
speech basically things like that that
are just purely negative or malicious
that will not be allowed but i just want
to be fully transparent with you guys
in case you noticed that you commented
and it didn’t show up and i did put a
post on this
on my community tab earlier for more
information
so anyways guys into my portfolio here
obviously in my last video
this portfolio was quite a bit larger
and i had 50 grand in bonds
now you look at it and it’s half of its
value and i put 50 grand in a
penny stock so what the hell is going on
ryan it’s probably what you’re wondering
so first of all on to the discussion of
the 50k in bonds
so initially i had taken that off the
table uh
of my portfolio to put that on ice in
case i needed that money towards this
legal action against uh the sellers of
this house i bought in florida
but then i ended up getting a couple of
really good sponsorship deals on my
pipeline and some other stuff
with my different business ventures so
at that point
as i was doing further and further
research on this company genius brands
i decided i wanted to have more exposure
to it so i decided to take that 50k
sitting there in bonds
and rotate that over into genius brand
stock
well as fate would have it uh very
shortly thereafter
i ran into some hiccups with one of
these sponsorship deals with one of my
businesses
and all of a sudden i was like oh crap
wait a minute you know now i’m in a
little bit of a
sticky situation here cash-wise now i
know what you’re gonna say
i should listen to my own advice and i
absolutely agree with you guys i have to
build up my emergency fund and i have
been taking
a little bit more risk here than i
usually do but overall
you know i’m doing fine and essentially
what i did is i trimmed off
a bit of this portfolio to basically pay
back some debt
and uh to also basically um i did take
the bonds and switch that over to genius
brands
so basically guys what i ended up doing
here is i took that 50k in bonds and
rotate it over to
genius brands and then i took basically
a hundred grand
off in the reason i did that guys a
couple of things number one if you look
at the s p
500 you know we’re basically back to the
top of the market i mean
i’m not saying i expect a crash i don’t
know but like
you can’t really fault somebody for
selling at the top of the market
the stocks have never ever really been
more expensive than they are right now
that’s what this is showing us
so i’m selling most of i sold most of
these stocks at just record high prices
i’m not saying i think they’re going to
go down but again
nobody ever got hurt by taking a profit
is basically what i’m saying
now what i did with that money with the
majority of it seventy thousand dollars
i simply paid off my m1 borrow so what i
do with m1 finance here is i get a
portfolio line of credit
it’s because i have m1 plus two percent
interest and i was borrowing against my
portfolio
and i used that money to pay off my car
loan then i’m sitting here thinking okay
we’re at like the top of the market why
don’t i just trim back the portfolio a
bit knock that out
and free up that line of credit in the
future so basically what i did is
of that hundred grand i took off the
market i put 70 grand
uh towards that and my m1 borrow i’ll
show you now
is down to zero dollars and that opened
up basically a thirty three thousand
dollar
two percent credit line uh in case i
need it in the future
so for me that was just a really logical
move because i trimmed off some debt
uh my car’s paid off obviously and then
now i have a 33 000
low interest credit line in case i run
into any more you know hiccups or
unforeseen circumstances in the future
so that’s the gist of what happened
there guys i know it seems like a crazy
move but a lot of times i
i make these leaps and i jump to uh i
contradict myself sometimes with my
actions but overall guys
you know this is where i think there’s
going to be where i see potential for
gains in the stock market
but again keep in mind i am not a
typical average retail investor i have a
lot more risk tolerance
and you should not put you know 50 000
into a penny stock or anything like that
that’s probably crazy guys
i’m not going to talk about genius
brands really in this video i will show
you the chart
but i just did a full like one hour long
video about why i put a hundred thousand
dollars
into that stock and i also did like a
six thousand word right up on it
which i’ll put in the description below
so first of all guys
real quick let’s just cover what the
heck’s going on with this portfolio if
we jump over to the holdings
so the biggest holding here is now
genius brands i’m down about around
three percent in this portfolio since i
bought it
after that we have dave and busters
which as i don’t
understand honestly why the stock has
moved lower they had blowout earnings
they were expected to have negative eps
they posted positive eps
and yet the stock sold off i’m not sure
really guys with this one
i think this stock will do well in the
long run but obviously you know
i was a bit too eager when i bought
those shares other than that i pretty
much trimmed almost every position here
down to
somewhere around three thousand dollars
i’m not going to go through each one but
you can still see how i
a lot of these stocks i just had massive
gains in that i was selling
off i mean look at this for example
lowe’s 173 percent return on lows
63 on bank of america 55
genuine parts company 112 percent on
emerson electric so
by no means i’m selling things i bought
like during the pandemic
in some cases for more than double what
i paid for them back in
you know march of 2020. also guys real
quick if you are interested in learning
more about m1 finance or investing i
have a completely free 30-minute video
training
down in the description below as well as
an affiliate link for
m1 finance and i may earn a commission
if you do decide to use that link
so overall guys that’s my explanation uh
stock market
i don’t know just look at this yourself
what do you guys think i don’t know i’m
gonna leave you with that one
moving on here guys uh here we are
looking at genius brands the full
article write-up that i did here
i literally spent about 12 hours on this
article and i’ve been researching genius
brands for three months now
uh so honestly guys if you’re curious
about it i put 100 grand in this penny
stock
i’ll put that article down in the
description below but it is a quite
lengthy read here somewhere around
the neighborhood of 6 000 words and then
i also have a full video it’s an hour
long
and again i i don’t i’m not i’m sharing
this just if you want to learn more
about the stock
and it’s funny because if you watch the
video i’m basically telling people hey
you probably don’t want to buy this is
it speculative but anyway
just for further awareness if you’re
curious why i put a hundred thousand
dollars into this penny stock
so overall guys another thing that i
wanted to just make you aware of
um a lot of people are asking about amc
et cetera yes i do own some shares of
amc
i talk a lot about that on my instagram
and so i i am holding on to those shares
but
a lot of people wondering like hey what
has why has there been no movement in
the market like what’s going on here
i found a very helpful video here guys
on ftds not gonna get into it i’m just
gonna point you towards that direction
it’s very complicated and this guy
explained it very well
if you’re curious what the heck is going
on or if you purchase genius and then it
moved lower
it sort of ties into this in my opinion
okay
now again this is merely speculation
from a random guy on the internet but i
just wanted to point you guys
in the right direction uh real quick
guys too i want to show you the overall
chart on
genius so i made a video about buying it
somewhere back in this territory here
and we did yeah we sold off and breached
the 200-day sma
but since then it’s been a pretty good
snap upwards a crazy day yesterday
and then we moved up again today so you
know we’ll see what happens tomorrow but
what’s exciting for me
is if you open it up to the weekly chart
uh you know there’s a really really nice
setup here in terms of a pennant forming
and just overall consolidation and i i
like the chart i like the stock that’s
what
i mean that’s about all i got to say
there so that’s why i’m in on this trade
but literally guys it has almost nothing
to do with the chart i like it on a
fundamental basis
and it’s a long-term investment for me
i’m going to hold these shares for many
many years
as long as the company’s not acquired
but that is my overall plan
there so anyways guys there’s my update
i hope you enjoyed it
uh definitely if you want to check out
that video on genius brands or that
article it’s going to be down in the
description below
and like i said if you want to check out
m1 finance or that free training
that’s going to be down below as well
but thanks so much for watching guys
and i will see you in the next video