The creator notes that people have no problem buying Royal Bank at high valuations, especially after its strong earnings.
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Building a $717K Canadian Stock Portfolio: VOO, VDY & My Tech Bets
The creator discusses the importance of consistency and perseverance in investing, highlighting how consistent contributions to the S&P 500 can lead to significant wealth over time. He contrasts pessimistic views with a positive, actionable approach, especially during fearful market conditions, and mentions his personal journey towards financial independence. The video also touches on portfolio updates, including tech bets and a specific trade, and a personal decision to close a long-standing bank account.
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Tickers discussed in this post
Tesla's cyber cab announcement is mentioned in comparison to Waymo's progress, and the stock has recovered a bit.
Lululemon had some earnings come out this week.
Higher beta names like Palantir were pulling back.
Microsoft has been oscillating since its recent pump up, with no significant movement.
Amazon has been oscillating since its recent pump up, with no significant movement.
Take-Two Interactive is down in the creator's corporate account and represents one of their highest purchase shares.
The creator strongly recommends the S&P 500 as a primary investment vehicle for achieving financial independence, emphasizing its historical returns and suitability for consistent investors.
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