My Five Favorite Stocks For 2024

🎉 5,000 Member Patreon: / josephcarlson
💵 Dividend Portfolio: click.linksynergy.com/deeplin...
🚀 Growth Portfolio: click.linksynergy.com/deeplin...
📈 Qualtrim Website: qualtrim.com/
Joseph Carlson After Hours: / @josephcarlsonafterhours
00:00 Introduction
00:40 VICI
06:48 Netflix
11:53 Costco
19:20 S&P Global
23:20 Canadian Pacific
Instagram: / joecarlsonshow
Twitter: / joecarlsonshow
My Favorite Investing Books: amzn.to/3KwyIhG
All the tech I used to make this video: amzn.to/4547DLk
Some of the links are affiliate links.
About Joseph Carlson:
I am not a professional investor and have never claimed to be. I'm an amateur investor sharing my experience of what I've learned, where I have had success, and where I've had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call "compounders". I view my investments as businesses, not as stocks. Before creating content on KZbin full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, and timeline, and overall circumstances.

[@JosephCarlsonShow]

Try out the Patreon with a Free trial: www.patreon.com/josephcarlson Patreon includes: 🎥 Over 100 exclusive videos, and new ones every week. 🚀 Full access to Qualtrim.com, the stock analysis website I built from the ground up 📚 Transparent portfolio updates, with every buy and sell I do, as well as monthly one-pager updates. 💬 Access to the Joseph Carlson Show private discord community, with 4,500 members

[@fastbreakr]

Your Qualtrim website doesnt work and I cant subscribe through Patreon....

[@JosephCarlsonShow]

@@fastbreakr Can you explain in a bit more detail? Did you create a Qualtrim.com account? Do you currently have a patreon account that joined my membership? It *should* be working, but if not I can get it fixed.

[@fastbreakr]

Yes I created an account. When I search for a stock, I just get spinning wheels where the charts should show up. When I try to subscribe through patreon, it says "Qualtrim would like to view your public profile". I click "allow" which brings me back to Qualtrim with a pop up that says"failed to create subscription. I have tried 2 different browsers. Thanks for your response!@@JosephCarlsonShow

[@patrickroers752]

You obviously have a lot of money to grow your portfolio. You should really expand to do some high yield stuff and start selling options. You are missing out on tons of income. If I had your capital I would be earning prob close to 3000 to 4000 monthly with lower overall risk of market movements. Just a though. I know you probably are partnered with M1 but I think it's time to upgrade and start doing some cash secured puts etc.

[@twan102000]

Why did you hold VICI all year long, to avoid cap gains tax?

[@Daneilchirs]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@thuylamson-z7t]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@mertie-l2f]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@myrle-v4g]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@mertie-l2f]

Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@myrle-v4g]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@geraldt331]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@Jadechurch-ql3do]

While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.

[@yeslahykcim]

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

[@lucaswilliams9992]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@yeslahykcim]

“Leila Simoes Pinto’’ You can easily look her up, she has years of financiaI market experience.

[@brianwhitehawker1756]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@jonathanburtnick]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@scottjuarez9549]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@Riggsnic_co]

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

[@bob.weaver72]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@martingiavarini]

This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@TheJackCain-84]

who is your advisor please, if you don't mind me asking?

[@martingiavarini]

Credits goes to "Carol Vivian Constable” one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@TheJackCain-84]

thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@dianarabbanii2]

The S&P 500 moved 8.9% higher in November, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

[@scottjuarez9549]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@tonysilke]

Well I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@PatrickLloyd-]

Predicting short-term market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage service of experts who provide proper strategies to navigate the markets

[@Nernst96]

Agreed, which is exactly the reason I stopped taking advise from KZbinrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than three years was guidance from a true market strategist.

[@PhilipDunk]

This is really impressive, hope you don't mind if I ask you to recommend this particular professional you use their service? I had quite a lot of difficulty sorting myself out in this downtime.

[@PhilipDunk]

Excellent share, just inputted her full name on my computer and searched online, top-notch credentials. I've seen commentaries about advisers, but not one looks this phenomenal..

[@Potsnu]

Just found your channel recently, really like your content and commentary. Question for you, at what point in my dividend snowball should I stop Auto-Dripping and just Manually re-invest myself? Some of my DRIP offer 2-3% discounts, but it seems like manually has its advantages on buying more value and beaten down stocks like the ones highlighted in your video. Thank you

[@Kurt5Dobson]

Good news to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks .I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

[@Kurt5Dobson]

Hi , please who is the expert assisting you and how do I reach out to them?

[@Kurt5Dobson]

Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing

[@AstaKristjan]

Is the stock market actually getting better or is this the regular end of year market manipulation to entice new investors, I'm currently sitting on an inheritance of 500k and i'm wondering do I invest in stocks or Gold?

[@RickMckee-nq4ni]

It is advisable to diversify while retaining 70-80% in secure investments. Along with your budget, you should think about financial advising.

[@Erinmills98]

Please how do I find and contact this financial counselor ?

[@AndrianWiener]

Michelle Christine Parker deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy

[@Erinmills98]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

[@roberttaylor662]

he erosion of my financial reserves due to inflation adds to my concerns. At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What’s the best way to take advantage of this current market?

[@rebeccaartgallary]

you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner

[@VanPelt54u7fcyde57]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years.

[@bleshjjdnit]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@VanPelt54u7fcyde57]

Monica Amanda McClure is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@bleshjjdnit]

interesting! just copied and pasted her full name on my browser, found her site at once, and skimmed through her credentials, very much appreciate it.

[@MargotCrest]

i’ve got a couple of good ETFs in my portfolio and I still got other share holdings doing incredible numbers. I’m up 38% YTD! I’m also well positioned with good blue chip companies and I have stop losses in place, Personally with insights from my advisor Emily Lois Parker I prefer to invest in large cap companies which have economic moats, large cash flows and strong balance sheets. Some of which are AAPL, MSCI, IUKD, VHYL, SCHD, NVDA and Barclays…

[@harrisahmed3066]

I’d choose expertise any day because finding the right balance between investing and living is very important to me.

[@LanceyRoche]

Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@stephmeldrich6765]

This is an amazing line up of stocks

[@glenbray8901]

Enjoy your vids and commentary. Don't necessarily agree all the time, but that is what true INVESTING STRATEGY/IDEAS sharing are all about and you're obviously well researched in your investments. As I am pushing 70, 3/4 of my main portfolio is in a similar strategy vein (compounders) as yours with the remaining in dividend income stocks. And separately high yield % cash & direct real estate investments.

[@ronaldinho4eva1]

Thanks, wasn't aware of Canadian Pacific but the fundamentals are sound and the technicals are ripe for a trade. Will look into entry.

[@RetireandGo]

Thank you for the portfolio updates ! Have a good week sir

[@enyol]

Hey do you have any discount for qualtrim plans ?

[@Daniel-zl7wf]

These stock breakdowns are awesome and i learn so much about investing. I would love to see you evaluate more stocks outside of your portfolio too!

[@shamone10]

Joseph what do you think about CP's EPS dropping in a few years time on Qualtrim? It makes it look less enticing 😬

[@user-fj4fm3lq8e]

Hey joseph, which plataform do you use?

[@CooperCottrell]

I’m curious what makes you think vici will outperform realty income? (Now that we know rates won’t increase)

[@maxb33333]

Love the updates, keep em coming!

[@tronowolf]

What's your view on debt-to-equity ratios? I like the stocks I pick to be sub-40%. Is that too low?

[@user-gv4bf2lg4r]

I have only been watching your videos for about 3 months, job well done, plus nice well thought out portfolio. What is your take on SoFi, both in analytics and just gut read? If I have missed your take on them, my apologies. Thx

[@jpcsfp]

Good content but would like to here your price targets for these in 24/25 to round out your thesis

[@abhishekdg2185]

I was never into REITs and railroad until I followed your videos and after my own personal research, have opened positions in VICI and CP . Do you have any thoughts on energy stocks ? I personally opened up positions in OXY as I believe Occidental might be one of the compounders with their DCC plant and recent acquisition of Crownrock in the Permian basin . Thoughts ?

[@glenbray8901]

Personally, I dumped any/all REITS I did own, except $VICI (don't like the purchase/partnership with health resort company, but maybe the real estate side pays off) . The others overreached during the low interest period and lack of forward vision was reason. I am warming up to CP to purchase a small position (again) at current price to retain a more keener interest in their development. Back to VICI, I believe they have valuable pricing power in the growing LV development area. In regards to energy, I tired of the yoyo swings and so am only involved with $TNK (Teekay Tankers) which just floats (no pun intended) and cushions the ups and downs of that market.........and is one of my biggest winners to hold.

[@supermat55]

Does Canadian Pacific pay qualified dividends?

[@cliffcastle9808]

Informative video as always. How about analyzing some potential stocks that are not in your portfolio for 2024?

[@brendandarigan7562]

😂

[@angelcovarrubias3418]

The author of this channel has not outperformed the S&P 500 net of tax/trading frictions despite the tremendous amount of work hours invested to stock selection and has (so far) proved Jack Bogle and Warren Buffett correct (they both recommend indexing to people such as the author of this channel). I congratulate the author for his successful business of granting us portfolio voyeurism as an entrepreneur. Continued successes to you Mr. Carlson!

[@MillennialRescueOrg]

Joseph, Have you seen the yields on PBR.A and IEP shares today? Over 23% divi's on Petrobras Preffered shares and 24.41% on IEP.

[@reson_8]

Hi Joseph. One has to factor in the tax burden of dividends. Would it not make more sense to switch to dividend stocks when you hit retirement, when that income is actually needed?

[@c0t556]

Any thoughts on ANF (Abercrombie and Fitch)? Up 254% YTD 😳

[@gregcolon3085]

I love the transparency! Great Video Like Always! I love Amazon and that's the one I'm holding! I'm tempted to buy Alibaba @ $71 BUT the word on the street is that Alibaba is a risky stock because China is unpredictable.

[@ku9145]

I’ve been considering Alibaba too but I read the following: When purchasing BABA stock, an investor technically is not purchasing shares in the Alibaba Group, but rather in an offshore shell corporation (typically based in the Cayman Islands) that has a claim to its earnings. There’s quite of bit of risk and controversy concerning this stock arrangement.

[@RookyMartin]

How much of the portfolio is divided gains and how much have you contributed?

[@JosephCarlsonShow]

$113k from capital appreciation, $25k from dividends. The rest from contributions.

[@rutgerdezeeuw]

Have you seen the hit peace John Olivet made on rail road cargo? I would reconsider my position

[@markarnoldsfinance2765]

No pure big tech plays, do you feel after the sectors outperformance they may slow down for a year or two due to high valuations?

[@ciaranmccarthy6960]

Hey Joe thanks for videos. I enjoy your perspectives. As some one who is also invested in CP. I am concerned with Keith creel selling 40m worth of shares do you have any insight on this? also have you read hunter Harrison book or audio book? I highly recommend it since he mentored Keith.

[@selenajack2036]

Stocks have stayed aloft as signs of cooler inflation encouraged the market to believe the Fed is finally done with raising rates, Making Investors like me believe that “Santa has come early” to markets to find out the best additions to a $500K portfolio to boost performance

[@bsetdays6784]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@roddywoods8130]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my $700k portfolio and boost performance and returns by 40% in a little over four years.

[@kaylawood9053]

sounds great! could you please suggest this expert you engaged their service? I have lots of difficulty sorting out the right investments on my portfolio

[@roddywoods8130]

‘Marisol Cordova’ deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend exploring her work and locate her online if you are internet-savvy

[@hushbash2989]

Excellent share, just inputted her full name on my computer and searched online, top-notch credentials. I've seen commentaries about advisers, but not one looks this phenomenal.

[@user-uq7eg2du8z]

You choose excellent stocks. I am not sure it’s too late to buy for price evaluations .

[@Julian_K]

What's your thoughts on CP's cash & debt situation. I would love to buy into the company but the amount of debt looks extreme.

[@investingwitha-aron8055]

Wow. You are gaining your portfolio much faster than mine. Crazy gains. Nice job.

[@BuildItFixItDIY]

2:28 A correction to call out: it’s not 5.4% every quarter. It’d be 5.4/4 per quarter.

[@GunjanofficialGunjankumari]

Part of a very important coin been talked about in the BCL

[@Davide1709]

@Joseph, as a long time follower, I love your reviews. BUT you should try and explore (I'm saying explore, not invest in) other companies, not always the same ones. PANW for example IMO can skyrocket like Tesla did UNTC with its massive dividends and zero debt probably it's worth a small position RACE (Ferrari) doubled up in the past 12 months and its production is sold out for the next 3 years. It's also the car maker with the highest margins and they can basically charge as much as they want ULTA has a low-ish PE ratio and an impeccable track record

[@-0909]

Costco: @17:25 its actually gross income. I don't understand how its good with a net profit margin of

[@AdrianStagg]

Well well - what a bunch of ever so helpful followers you have Joseph! Ever so keen to pass on the names of their advisors. I can't help but suspect that a number of these advisors also pose [under pseudonyms of course] as wannabe investors who either need advice or have experienced extraordinary gains due to their advisors insight - and willingly pass those names on for all to see - all in the name of gaining business. Beware my friends - beware. Mind you I do think that Josephs thought processes are sound and make a lot of sense

[@afonsomateus6172]

what about NVR?

[@wilabdul1346]

Which one is better single stocks or ETF to invest in?

[@RusuSilva]

Given reduced inflation signals and the belief that the Federal Reserve has halted rate hikes, what are the best additions for a $500K portfolio to enhance overall performance through diversification?

[@MoRpHiNe_NPC]

Do you happen to update your website regularly? Thanks for the content as always

[@JosephCarlsonShow]

New data on earnings is updated within 2 weeks of the earnings release. The website has new features come out semi frequently. (next one is a way of doing DCF)

[@MoRpHiNe_NPC]

@@JosephCarlsonShow thank you for the response!

[@MyBlackBr0]

Why no apple or microsoft? I thought they‘ve been very strong this year and will continue to grow well

[@peterpayne2219]

Just FYI, Costco is a success story here in Japan too. They opened one up near Me in Gunma Prefecture and its changes all our lives. My American son and another American friend moved here partially to be near Costco.

[@sandeshburada1]

Joseph, need a course on your full fundamental and technical analysis involved in tracking and purchasing a stock as well as valuations.

[@duenow1]

What software do you use?

[@alexdawson868]

So buy all? All look great

[@ahmadaziz5452]

I have been trying to make money online and also tried to trade with Bitcoin and I was making losses while trying to make profit myself from trading...I thought trading on demo account is just like trading in the real market.. Can anyone help me or at least advise me What should I do? This is really interesting, I'm a business woman, I have a good sum of money in my savings account, I want to invest 60%, What is the minimum amount one could start up with?

[@ekawelesarah4637]

I will advice you to find a professional to help you

[@heramarielacerna]

That is true

[@heramarielacerna]

This is the ideal time to invest in cryptocurrencies due to the rise in cryptocurrency prices.

[@ahmadaziz5452]

How can someone know a trustworthy professional trader when a legitimate trader is so hard to find these days.

[@ahmadaziz5452]

💯

[@russtyruss_i-Invest]

I prefer OPEN vs Vici, I also own TRIN, they along with Vici will rise ongoing.

[@maxwelltroy2375]

I strongly advice everyone to own a Tech stock before it gets late, It's Crystal Clear Techs are the future, Everyone can clearly see what's going on in Web 3.0

[@user-fb2hk7vu3q]

Well you can say that but i feel right now everyone should really just take a step back and pause from carrying trading activities truly it isn't worth it.

[@KarenLynnOlsen]

Truth be told I feel right now everyone should take a break from trading the market is getting worst by the day. We are all been controlled to invest in unreal things

[@maxwelltroy2375]

I really can't say i basically wait on my trader Camille Anne Hector, to carry out her research then whatever stocks she tell me i get, I've been working with her for about eight months now and her trading predictions are off the map.

[@KarenLynnOlsen]

That's amazing really most times i wish i got in contact with the stock market early i would've gotten a personal trader also now all i finds here on the net Is just false individuals claiming to be traders.

[@rineleff2009]

If anyone ever told me I will be randomly be surfing on the net and come across individuals talk about Camille Anne Hector will for sure doubt but this is crazy I know her and love her strategy so much wow thanks for preaching the gospel…

[@johnjohnson9980]

Will check them out. Thanks. ABOUT the end of May. I picked stocks: MOD, EXTR & LMB. LMB went from $21.01 to $43.21 100%..// EXTR $ 21.65 to high $ 32.xx peak) Sell peak. 47% // MOD $19.73 to $56.74 >> 187 %. Growth Stock with high Earnings. Two had hard pull backs due to WAR news. I am thinking MOD ar $ 56.74 will double again in a year. Big time. >> Sell all peaks if they look like a profit sell off-- Always buy the dip back. Ride with the earnings. Hold with the earning runs. Sell if earning go down. Buy back when a company earning go again. Move from one to another.

[@alessiob.3632]

What are your thoughts on a CBDC (Central Bank Digital Currency) affecting mastercard's and visa's revenues?

[@JosephCarlsonShow]

I think one of the things you figure out early with a study of Visa and Mastercard is that they've never truly held a monopoly in payments. They hold a slight monopoly in one form of payments. There are so many ways to pay for things that go around them. So I don't view stuff like this as much of a concern unless I can really see it eating away at the actual financials, which so far I do not see happening.

[@gracecarvajal1664]

Why is it giving me an error message to play the video ???

[@John-lw9bn]

this is one the greatest videos ive watched in my years on youtube

[@KENTOSI]

Hey Joseph, judging by your investment amounts you seem like a high-income earner. Why would you invest in REITs such as Vici if you'll be taxed in the highest bracket?

[@kenkoh6827]

Is there any etf that can beat SPY and QQQ in long run?

[@yasinyildiz1742]

Not in our lifetime I think

[@carlsophiabaker8856]

In my opinion, you initiated your CP position at a premium. Stay patient!

[@richardm123]

I love the railroad stocks sales pitch, but what makes me hesitate a bit is my lack of understanding over what happened in the mid 2000's that led to many of the railroads having negative net income. What is the nature of that decrease, and could it happen again?

[@fanban2926]

You can go to the old reports and read, also don't use net income, use fcf or ebitda to really see what's temporary vs permanent

[@richardm123]

@@fanban2926 Why would I want to exclude depreciation on a business as capital intensive as railroads?

[@fanban2926]

@@richardm123 You want to exclude short term fluctuations, operating leverage can really swing and as such you'll have a massively misguided view when different events coincide. I would mostly focus on excluding short term noise like non cash write-offs ect, you could use cash from operations-wc changes -depreciation/normalised capex, as such you remove any non cash items & any noise from working capital (maybe a merger or something else is affecting it, temporary receivables increase or inventory ect), then removing depreciation from that leads to a more normalised picture for capex and the resulting adjusted fcf metric incase any big investments were to affect fcf in say a combination with a dip in wc or a pandemic creating a slowdown in transport. There are tons of ways to adjust and trick around, the point is that you should look for a discrepancy between these different earnings/adjustments & gaap, then you have to do the actual hard part of determining what this all means and if it is indeed temporary or permanent & if it is priced in or not. Then you'll have to consider the history and track record of the business & so on. Look at the business & situation in multiple ways with multiple metrics & adjustments to see what is really the probable future value of the company and the stock.

[@tremoo5987]

choo choo backwards is oohc oohc

[@dexinvictus6103]

​@@tremoo5987bullish

[@theegress3131]

If you had to pick between Costco and SPGI which would you choose and why?

[@pedroabreu1754]

Honestly both are good, but i have moody's instead of spgi

[@rickertcoles]

80/20 Stocks Bonds 40 yo, November was good, struggle to put away 4% these days because of so many mid-life bills. I now make around 120k a year, and i aim to make dividend returns as i work to retire early, but how do i achieve this?

[@sintay8002]

That guy for the railroad at the end seems cool

[@GeorgiaMoore.]

So much knowledge! Absolutely free! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing, trying to correct that now. Already have a few thousand$ saved up to invest for long term. I would like to know what advice you could give to start my investing journey. Listening to you gives me inspiration and wisdom. Thank you so much!

[@dogelife7901]

Diwnturn is coming, or at least pullback overall because Stocks cant run like this for very long. Be ready to load up

[@ku9145]

The market can remain irrational longer than you can remain solvent.

[@hesohit]

I bought Costco last year as well

[@tom19_06]

I'd love to buy CP but it's not tradeable at my german broker since the transaction

[@JTYT0]

Netflix (and other streaming services) resembling cable more and more everyday.

[@ivanxyz1]

Do you still like POOL?

[@vancouversworstdrivers]

I like Netflix, but the PE of 47x it's just too expensive for me

[@JT883]

Joseph, there's a lot of talk going around about the crash on the horizon in 2024. Would you do a video giving your thoughts on that and how it could affect the market?

[@epbrown01]

Wasn’t there a lot of talk about a crash on the horizon in 2023? :-) The truth is that a crash is when the same guys that sold you the stock last month tell you it’s worthless now… but they’ll buy it back for 30% off.

[@JT883]

@@epbrown01 Sure. Excellent point. And I try to filter the noise, but there are signs it's hard to ignore: bank failures, corporations unable to borrow at these rates, the increasing fragility of the housing market, increased automation eliminating jobs, etc. Just curious what Joseph's thoughts might be. He always keep a cool, yet informed, take.

[@JosephCarlsonShow]

More important to determine if your companies can withstand and survive a recession than speculating on when one will happen or how long it will last. I feel confident in my portfolios ability to survive through a recession without permanent capital loss.

[@epbrown01]

@@JT883 Fair enough. I don’t know how you can trust a guy that doesn’t have three first names and a dodgy link. Everyone in the KZbin comments seems to love those guys. ;-)

[@itsanarchy6430]

Do you use Netflix at all by chance? Price has gone up over like 5 times within the last 2-3 years and they keep losing shows

[@joeindo9174]

hi thanks for the video any guesses/idea why there's no gurus or superinvestors in costco ?

[@NoRegertsHere]

Charlie munger had 1/3 in it

[@joeindo9174]

@@NoRegertsHere allow me to rephrase my question: why is it the case that on dataroma or stockCircle or whale wisdom , when you lookup any great company with a decent market cap there are multiple super-investors who are heavily invested in it, but with costco there is not?

[@usamatariq284]

Im betting AMZ650K will perform well, it havent had a cycle yet and they have a strong community on both, and AMZ650K update will make rollup fees even lower. Just my 2 cents. Great video goodvibes

[@maorbatashvili8349]

Hi I would love to share insights with experience investors stocks like GSBD and IEP offer a very nice dividend of 12% and 23%.. they have being paid for decades... but they are never in this reviews... why is that? What am I missing about this high yield dividend stocks?

[@Arslan259]

what do you think about AVGO ? :)

[@ivanizgarcia2556]

I've been watching some videos, and I am relatively new to this, but I am interested in investing. What are some videos, and websites, that a beginner should look into? and what stocks would be good to invest in?

[@CharlotteJakob]

Thanks so much Jo.I listened to you talk about Real Estates stock and I can say I was one of the that got hit by its bad performance in the market. However its too late to cry over spilt milk so will just ask if you have any tip you can give as regards my next move in the market because my portfolio of $300k is down by almost 20% and I dont go into 2024 with such negativity.

[@jry0511]

PYPL, NVDA, and CP are my top 3 picks for 2024. Also recently got a tiny position in BABA around $71.

[@maxaffe3195]

no safety with chinese stocks. what do you think about it?

[@jry0511]

@@maxaffe3195 it's the only chinese stock i hold and it's currently at 0.5% of the portfolio (potentially up to 1%). it's a very small risk I'm willing to take at this price.

[@johnpersechini4951]

Baba is like throwing money down the toilet.

[@jry0511]

​@@johnpersechini4951 no different than putting 0.5% into any high risk stock. it could go to zero and I'd just shrug.

[@jeffML3926]

Except NVDA is hella overpriced now after its recent run this year

[@r1tz97]

Yeah SoFi savings account for the win it’s been growing so incredibly fast

[@shawn4692]

if you are buying costco here you might as well just DCA into the indexes like I do. Not the smartest way to get a decent price for an amazing company

[@RussAbbott1]

Why does CP expect EPS to decline by 20% in 2029?

[@wzyzxy]

Costco is also my all time favorite

[@bjg1411]

COST special dividend coming?

[@amyx231]

I’m now terrified of K1 tax forms. Cost me a lot of stress and money mailing amended returns a couple years ago. Then a headache the next year cause ofc i sold. So… no real estate or pipeline companies for me, just in case. Lol.

[@Teilzeitburnoutianer]

Didnt know about the difference between BJ and Costco regarding the warehouses - LIKE!

[@angelodorsett1]

Great analysis.

[@oguzhan0007]

I think Canadian Pacific is hard to beat in next 5 years. Thanks for the video

[@zooppi1292]

As a one piece fan, netflix is looking attractive since they’re getting all the one piece content (live action, new better paced anime). Showing me that Netflix is placing importance on popular IPs and has long term plans for the future by redoing popular IPs

[@RaviSingh-ii5pg]

I raised the hammer high when your first pick was AMZ650K.. Been collecting this bear cycle.

[@M-Lu]

On CP: Have you looked into the idiosyncratic risks? Saw “freight trains: in last week tonight”, suggesting accident rates are creeping up, and high risk of negative events occuring. What is the trade-off between focus on operational efficencies and increasing risks? Impact on insurance policies, operational downtime and brand reputation of large eventual event. I make the comparison to other industries with these type of risks, e.g. shipping (oil tankers).

[@arkadiuszkwiatkowski6074]

Hi Joseph, I am new to American stocks and I dont know much about which brands are solid in the US except for the obvious ones. Could you recommend 5-10 stocks that pay growing dovidend, and are "hold forever" stocks?

[@v4enthusiast541]

Just look for "bluechip dividend" or "dividend aristocrats". Dividend aristocrats are companies that have regularly paid increasing dividends for at least 25 years in a row.

[@Broke.To.Billion]

What are your thoughts on CrowdStrike Joseph, I bought it last month and i am up by 33% in that stock.

[@sintay8002]

They got Costco here in Japan, I would have never guessed lol

[@Kurt5Dobson]

After a massive rally in stocks came and yields collapsed, bond yields and the major averages are higher on Wednesday. How do we deal with such market conditions? Typically my $2m worth of holdings go up 8% then lose 20% right after and the cycle continues.

[@Kurt5Dobson]

impressive gains! how can I get your advisor please, if you don't mind me asking? I could really use a help as of now

[@Kurt5Dobson]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.