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all right guys so if you're a fan of money drop a like on this video I should see everybody dropping a like on this video because every one of you should be a fan of money so if you're a fan of money drop a like on this video and today we're going to be talking about AMD and I just want to talk about a couple things I want to talk about the stock market in general but I just want to mention AMD briefly because I think it's important AMD when I bought it was $8 a share $11 a share and between 13 and $14 a share those are the times I picked up and bought into AMD currently AMD is sitting at $30.52 a share I know people that bought in at $2 I know people that bought in at $4 you know some of them sold some of them held and there was people that buy into $2 and held and are just now selling the stock they made5 100% off of AMD stock in less than 2 years and the way you pick up on the stock market and the way you figure these things out is you look for Underdog companies that have the potential to grow so you want to look for a company that may not a top leading competitor in the market but they're developing something new that has the chance to boost them up to be a top competitor that was AMD AMD had not developed a competitive chip in like 10 years they came out with the ryzen series chip it's competitive to Intel it's priced lower it was technically for the money the better chip it's kind of like a Corvette versus a Ferrari for the money the Corvette's the better car most people are probably going to want the Ferrari but not everyone wants to pay for a Ferrari so if you want a high performance car that has the ability to smoke a lot of the cars on the street you pick a Corvette same thing applies to these chips AMD may not have made the best chip but they made a chip that was way cheaper than what Intel made and it was able to compete with Intel's chips and it wasn't that far behind performance- wise to where people didn't want to pick it up it was literally neck and neck so I wanted to talk about this company today because this was a company where if you would have picked it up months ago even a year ago you'd made quite a bit of money anyways in General guys you want to buy stocks obviously when they're low people make the mistake of watching a video like this and then going on and buying stocks immediately you don't want to do that all right not only should you do background research but at the same time you need to think about it the stock market has been high for like 10 years it's going to crash eventually I can't tell you when the crash is coming could be the end of this year could be 2 years from now I don't know but I do know that it ain't going to go up forever and when it crashes I'm gonna take my money and I'm buy stocks I like because once it crashes you're getting stocks for cheap you're getting stocks that people are selling because they want to get out you know and the whole Market just goes down and that's when you should be looking to pick up shares so when the market crashes that's literally when you should go and try to buy stocks I'm not talking like the day of a crash I'm talking you know it might take two or three years into a crash for the whole economy to go down and that's when you're going to pick up stocks you want to buy stocks after they've been battered you want to buy stocks while the economy is down you don't want to buy stocks when the economy's growing like right now the econom is growing bad time to buy stocks why because they're going to crash eventually you're going to pay top dollar for a stock today 3 years from now that Stock's probably not going to be worth what it's worth today it's probably going to drop in price quite a bit so you want to buy stocks that like I said Underdog stocks stocks that aren't like apple all right Coca-Cola no you know not stocks like that those are long-term dividend paying stocks you want a stock that has room to grow a stock that's going to develop something new that's Innovative that's not at the top of the market those are the stocks where you're going to take more of a risk but you're also going to get more gains if you want to make money you're going to have to take risk that's just how it is also you don't want to make the mistake I made when I first started and think that you're losing money like you might buy a stock it might drop a couple of dollars you might get scared and just Panic sell you don't want to do that all right I did that made a huge mistake Panic sold lost a ton of money literally like one month later the stock was almost double what I paid for it so I could have made it was like $6,000 in one month and instead I paniced sold and lost a gr cuz I wasn't thinking I wasn't paying you know wasn't playing my cards right and as a result a panic sold I lost some money and it didn't turn out too well for me so when I buy stocks what I tell myself is I'm either losing this money or I'm going to make a lot of money was one of the two things that's going to happen because I do not sell for a loss unless there is absolutely 100% positively no hope for that stock you know know like we're talking near bankruptcy they're about done other than that I'm not selling so when I invest in a company I invest to hold it for the long term because that's when you're going to get your gains do not panic sell if you panic sell you are going to lose money every single time you know leave that to the day traders that know what they're doing so anyways this was just a brief overview I just wanted to talk about AMD and a few other things make sure you guys subscribe to this channel don't forget to drop a like on this video and stay fresh I'm out peace







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