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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 1: and sure they definitely can be, but understanding of professionals

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Speaker 1: routine shows us how they achieve their success little by little,

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Speaker 1: day after day. It's like banking with P and C Bank.

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Speaker 1: It might seem boring to safe plan and make calculated

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Speaker 1: decisions with your bank, but keeping your money boring is

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

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Speaker 1: Boring since eighteen sixty five is a service mark of

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Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

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Speaker 1: National Association Member FDIC.

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Speaker 2: Let's talk about what do you think the biggest investing

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Speaker 2: mistake of a year was? For me, it was two things.

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Speaker 2: Number One, anyone who missed out on that April run.

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Speaker 2: I don't know if you're ever going to have a

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Speaker 2: better opportunity, Like when I go back and look, because

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Speaker 2: that Friday I did a good day in New York.

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Speaker 2: Shots to them and they were like which stocks were bad?

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Speaker 2: To invest in them? Like all the qualities were great

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Speaker 2: boys at that time. For the first time in the

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Speaker 2: long maybe since COVID did you have such a chance

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Speaker 2: to almost have a guarantee win. So I think any

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Speaker 2: capital that you did not deploy in April when we

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Speaker 2: were screaming to buy is A is probably the biggest

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Speaker 2: mistake of the year.

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Speaker 3: I have that exact thing in my notes said not

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Speaker 3: taking advantage of the down trends. I started in January though,

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Speaker 3: when people felt, oh my gosh, what is happening and

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Speaker 3: video is not real? Here comes dec it's not real.

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Speaker 3: The whole AI thing isn't real. And we saw all

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Speaker 3: of these companies drop. That was the first one. Then

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Speaker 3: April got compounded with the quote unquote Liberation Day, and

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Speaker 3: then we had a class and it was like it

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Speaker 3: goes back to the original question of like stick to

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Speaker 3: the plan, because I remember in April when we had

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Speaker 3: the class, I'm like, look, let's just stick to the plan, right,

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Speaker 3: Let's let's find some indexes to invest in, let's find

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Speaker 3: some ETFs investing, and let's build from there. Right those

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Speaker 3: indexes and those ETFs are up two hundred three hundred

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Speaker 3: percent right now, easily.

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Speaker 1: Just because it was like we know what the plan is.

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Speaker 3: Oh, it's the moment that's happened, implement the plan, let's

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Speaker 3: watch it happen. Those are up three hundred percent. And

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Speaker 3: then you got the companies that were inside those ETFs

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Speaker 3: that were going to lead it to the AMDs of

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Speaker 3: the world, the nvideos of the world, MI crime so

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Speaker 3: the world. And so now you got the ETF running

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Speaker 3: and you got the individual equities. I actually did a

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Speaker 3: leverage ETF, was the first time I did that in

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Speaker 3: a semiconductors because I believed in the space so much.

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Speaker 3: That's up over nine hundred percent. Sticking to that plan,

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Speaker 3: but taking advantage of opportunities. What do we do in November? Right,

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Speaker 3: there was a five percent pullback last month. People were scared,

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Speaker 3: Oh my gosh, this AI thing is and it's only

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Speaker 3: five percent. Five percent pullback. Another opportunity, another opportunity. Somebody

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Speaker 3: shout to somebody in the chat. They said, yeah, SOXL

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Speaker 3: was at eight dollars. It was at eight dollars. I

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Speaker 3: bought a twenty eight dollars call. So imagine what that

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Speaker 3: looks like. Right, So it's about taking advantage of those moments.

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Speaker 3: When you see those moments happening, it's like, oh, you waited,

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Speaker 3: you waited, you waited. You waited here it is what

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Speaker 3: are you doing? You got the script, stick to it.

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Speaker 2: And the second mistake, if I can give one for

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Speaker 2: every investment trader, I think you need to hunt for

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Speaker 2: what the next sector is that is going to rise

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Speaker 2: outside of quantum like all of your investing prowess. We

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Speaker 2: have the gentleman from black Rock come on and he

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Speaker 2: kind of gave you, like the three tier plan. If

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Speaker 2: you're not spending all of your time figuring out which

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Speaker 2: company is going to boom next in twenty seven, you

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Speaker 2: are going to be sadly mistaken because now we're getting

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Speaker 2: into a space I don't know if we're ever go

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Speaker 2: back to when value investing is ever needed or popular again.

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Speaker 2: You need to hunt for the next company that will

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Speaker 2: have a meteoric rise, that are sustainable, that will be

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Speaker 2: life changing to the economy. And also too, they're going

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Speaker 2: to be a company that is currently dominating their sector

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Speaker 2: now in terms of market share and mind share. So

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Speaker 2: when we think of this chip race, we think in video,

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Speaker 2: and we think the smartphone, we think of Apple. You

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Speaker 2: need to search high and low for the next company

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Speaker 2: that is about to break out in twenty seven or

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Speaker 2: twenty eight for a long period of time.

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Speaker 3: Yeah, right, shout out to the chat. Yes, XLU spider

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Speaker 3: ticker ETF did split to the one. XLK also split

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Speaker 3: to the one. So yeah, so if you had one share,

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Speaker 3: that now turns into two shares. If you had ten shares,

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Speaker 3: now you have twenty, and that goes as well for

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Speaker 3: options contracts. If you had ten, now you have twenty.

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Speaker 3: So those two to one splitch just be mindful. I

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Speaker 3: know it was kind of weird when you open your

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Speaker 3: broker's account and you had an option and the contracts double,

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Speaker 3: but the money is like, you're down more than you

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Speaker 3: ever thought. It's just because the options they haven't adjusted.

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Speaker 3: The business ass haven't adjusted. Somebody act. Have I ever

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Speaker 3: had to lose in trade? Yeah? I've had to lose

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Speaker 3: in trade. I think I was on here.

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Speaker 1: I talked about CAPA.

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Speaker 3: And I talked about where my entry was and where

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Speaker 3: I was going to exit if it got to that point.

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Speaker 3: It got to that point and it's falling ever sense,

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Speaker 3: So yeah, I've had to lose in trade.

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