Why You Should Never Sell This Stock

I was 19 years old, I made 5 investment and I made money on 4 and I lost money on 1. 3 of those companies, were companies that you should never sale, because they will be here after I’m gone making more and more money. And that’s what I look for today, when I’m investing into a company. Mistakes like these cost me thousands of dolllars, so don’t make them.

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Chapter:
0:00 Intro
2:17 When I think about Buying a Company and Never Selling It, here are the areas that I think about
12:20 The benefits of buying and never selling
17:30 Here is what you do with these Clues:

1. When I think about Buying a Company and Never Selling It, here are the areas that I think about
– Obviously the company needs to have a Solid Brand
– Competitive advantage ( good will )
– They need to be selling for a good price

When I think companies that will Out live me and my Kids potentially:
Candy: See’s Candies (although I think hersheys but its not public), Brand Power, Price Power and competitive edge
Soft Drink: Coca cola instantly ( but I’m aware its not the only fish in the ocean but it’s a very big fish ) been around since 1982 ( my grandpa drank it, my mom drank it, I drank it and my kids probably will also ) and the company will adapt to all the organic stuff
Insurance: State Farm and Geico(private) and Progressive ( because they are the once I hear about the most, but that’s just the first step, you also have to and analyse the company and see which is best )
Cloths: This is a lot more complicated, because who knows whats going to be the new trendy thing, but its about picking the company that has a strong brand, Great culture and is always innocating. ( I think Nike and adidas )

2. The benefits of buying and never selling
– Pros: I always remember Peter Lynch ( you have to train yourself to ignore your gut feeling, and discipline yourself )

– Long term Capital gains tax : most people have a tax rate of around 20-33% and when you buya stock and trade it before 1 year, they take profits and roll it over into your ordinary income, so you get taxed super high. But if you don’t sell or if you do sell buy after a year you only pay long term capital gains taxes which pay 0%,, 15% or 20%.

Cons:
– When you invest for the long term you kinda lack liquidity
– But one way to remedy this, is to invest into a company that pays a good dividend
– For example, Warren buffet owns 400million shares of coca-cola and says he will never sell a single one and he hasn’t
– 1994 price was $10.16 and today its worth 57.76 ( that’s 5x your profit )
– But its all on paper and not realized however, do you know how much in dividends coco cola pays out to warren 400m shares, around 1.68 per share, pays out 672M dollars ( and if its qualified dividends you pay between 0%-20% max)

Tip: I know this seems like a crazy amount of money, but remember when warren bought coca cola its was in 1988 at 2.39 dollars a share most likely. So a $10k investment back then would have bought you 4,184 shares and if you left it to reinvest you would have very many of them today )

3. Here is what you do with these Clues:
– You can buy a great company and make a terrible investment, if you pay to much for it
– So its very important you learn how to value a company
– So here are three books I’m going to recommend for beginniers in order

Books : in order
– One up on wallstreet by peter lynch
– Warren Buffets 3 favorite books: a guide to the intelligent investor
– Intellegent investor

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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