- Okay, so there was that
one time that I lost $5,000
trying to make money on a penny stock.
That doesn't mean I'm a
horrible stock picker.
Ain't gonna lie though, that still hurts.
That was five g's
but I have gone on to
make some decent picks
and make some money in the market.
So much in fact I'm gonna share
what are my top five
stock picks of all time
and these stock picks have
made me, are you ready?
Over 275,00 dollars.
Take that $5,000 penny stock.
So we're gonna find out what
these stock picks are and more
right now.
What's going on y'all?
Welcome back the channel
Wealth Hacker Lab.
The channel dedicated
to teaching you new ways to grow wealth
that was not taught to in
schools or by your parents.
I am your gracious host Jeff Rose and
we're about stock picking.
Now, I will say that
yes I was a financial
planner for 16 years.
Yes I've been involved
in investments, you know,
for most of my life but
picking stocks, buying stocks
has not really been a big thing.
A big way that I've built my wealth.
A lot of that has been growing
my different businesses.
My online business, my Brick
and Mortar business but still
buying stocks, investing
in the stock market
is still a crucial part of my portfolio
and my wealth building journey.
Let's go ahead and get
to my top five picks.
These picks are not in
any particular order
except for number five and I'm
saving that one for the last
because that one has made me the most.
Over 139,000 dollars.
That is one three nine
comma zero zero zero
and also if you stay around to the end
that helps out with
that YouTube algorithm.
You know what also helps if
you smash that like button.
Okay stock pick number one is Under Armor.
Now I will say I'm not a huge
Under Armour fan right now.
Wear a lot of Nike, a lot of Adidas.
I'm sure you've seen oh
my Jordans I talk about.
My boys wear Under Armor.
My son, my middle son is
a huge Steph Curry fan.
For me Under Armour became
very relevant in my life
back in the 2005 time frame.
This is whenever I was deployed to Iraq.
Prior to that deployment I
didn't wear any Under Armor.
I thought it was like overpriced
like compression shirts
they were like what,
30 bucks, $40 for a shirt
and I just didn't really
understand the point
or they could just, what was the point?
Spend that amount of money on a shirt
but then whenever you go over
seas and you're in Iraq and
you know temperatures
getting up to that 120, 130
sometimes 140 degrees
and you're sweating your
butt off because it's hot
and you're wearing all your
your gear, your military gear.
Let me just say, I was a walking
Under Armour spokes model
overseas and not just me, there
were several soldiers that
that's what we wore.
I mean I had the Under Armour shirt,
I had the underwear, I had
that the skull cap I mean,
I had it all because
it was keeping me cool.
Now prior to my deployment
Under Armour wasn't a
publicly traded company.
I think it came out about
the middle of my deployment
and it released at about
thirteen dollars a share
if you got in on the IPO which I didn't.
By the time I got in the secondary market,
I think I picked it up for
around 24, 25 dollars a share.
Now I could have just bought and hold it
but what I end up doing was trading it.
Not like super active trading
but I purchased it all in my Roth IRA
and I remember over the course
of the next year and a half or so
I think I bought and sold it
three or four different times.
Now I don't own it at
a time it's recording
but I estimate that I made
over about 20,000 dollars
from buying and selling Under Armour stock
and the beauty of all those transactions
was it was inside my Roth IRA.
So I still haven't paid
any tax on any of that gain
by buying and selling Under Armor stock.
Moving on the stock pick number two.
Number two is Facebook
and while we're talking about Facebook,
I mean you might as well
get the video a like
if you haven't done it yet.
(mumbling)
I like you to Mark
Zuckerberg, you're my man.
Facebook stock has been a fun ride for me.
Now I'll have to admit whenever
Facebook initially IPO'd
I wasn't falling for it I just,
I didn't I didn't want it,
I didn't think it was worth the money
and I just told myself
I'm not going to do it
and I remember the day
that it IPO'd I mean,
it went crazy.
I had clients who had never
bought a stock in their life
call me up wanting to buy
Facebook stock I mean,
I don't even think these people
even had Facebook accounts
at the time but I mean,
the media was just,
they wouldn't shut up about it
and I almost pulled the trigger.
I almost bought the
stock and then I didn't.
So the stock came up, it went up
and then it started trending downward
to where I finally picked it up.
I think the first shares I
bought was at $24 a share
and the best part about
those shares is that
those were purchased, guess what?
In my Roth IRA.
So we have another tax free transaction.
At the time of this recording
I have Facebook stock
in four different accounts.
I have it in my Roth
IRA, my wife's Roth IRA.
We have a joint account.
I also have it in my
401k retirement account.
Now it's also the largest
holding that I have.
I have over I think 950
shares of Facebook stock.
Now I will say 500 of
those 950 shares I did not,
I didn't get those for $24 a share.
Those were purchased I think
around 180 dollars a share
so on that block I've
only made about 15,000
but overall between all
four different accounts
all my Facebook stock I'm up over $100,000
and roughly about I wanna say
65 of that is tax-free so,
you know, sorry about that IRS
but I'm gonna keep this tax for me
because I like me some tax free money.
All right the third best stock
pick that I made and I mean
there's so many reasons why this is
one of my top five stock picks.
Now I've only made
$16,000 on this pick but
I think you'll see why.
So LuluLemon.
That is number three and why Lululemon?
Well for one
they have these yoga pants
and I don't you ever seen
if you have like a
significant other like my wife
she really likes the yoga pants
and they are very
flattering to her figure.
So I am, anyway I can support Lululemon
and also support my wife
with these yoga pants I mean,
a man's gotta do what a
man has to do so yeah,
there's a few different reasons
but I will say Lululemon,
I also own a lot of Lululemon clothing.
Oh, yeah okay, yeah,
this is, this is nice.
This is nice, this is Lulu.
This is Lulu, okay, okay.
- Whoa, whoa, hey hey, excuse me.
- What?
- Are you kidding me right now?
- What's the problem?
- You just said we have to focus
and you're already bird dogging ass.
- I mean the amount that I
made with the stock I mean,
that, that's been good but
really the return has been
you know, with, with my wife I mean
she makes Lulu so give her some credit
or Lulu you should give her credit.
All right stock pick number four
is one that I actually didn't,
didn't make any money on.
In fact I think actually lost money
so you're probably wondering,
so why is that in the top five?
Well the reason is is because
it was the very first stock
that I purchased.
This stock was Lucent, Lucent Technologies
and I think now they've
been absorbed by Alcatel,
I don't even know
and a I probably should
have done some research
before I hit record on this camera but
I bought Lucent with the belief
that I was buying a stock
that was severely devalued
because this is right after 2011
whenever 9/11 happened and
the stock market crashed so,
this was a stock that was
trading anywhere between
40, 50, 60 dollars.
I think even around the $80
timeframe and I bought it for
anywhere between four to five dollars.
So it was another penny stock
that I didn't make money on.
Maybe I need to add that to the list too
but what it did do was that
it gave me that entry level,
the entry level initiation
to the stock market
and I've talked in the
past about you know,
investing into mutual funds and
the first mutual fund that I best into but
this was different because
I truly felt like man,
I'm gonna get this stock for
two, three, four dollars a share
and it's gonna go to you know 10 to 15.
Even that goes back to
you know, 25% of its high
like I'm gonna make money
and I see a lot of people
making those same mistakes
that you are buying something
based on what it used to be
well, you know, just because Kmart
was a good stock back in the day
doesn't mean it's gonna come back around.
you know, just because Best Buy was
one of the top video retailer of all time
doesn't mean that they're
gonna come back around and
the same thing happened with Lucent.
So with that I, I'm pretty sure
I lost all my money in that
but once again it gave me that initiation,
that experience that I needed to go on
and make these other picks
that have made me a lot of money.
Stock pick number five is Visa
and visa by far has made me
the most amount of money.
At the time it's recording
I'm up over $139,000
and I didn't even get in on the IPO.
I've actually never bought an IPO.
I'm sorry, there was one IPO
and that one didn't make me any money.
That's a whole other video.
So with Visa I didn't get on the IPO.
I think it IPO'd at around $44.
By the time I got in it was
about 66 dollars per share
and the reason, I mean
whenever that came out like
I was just dead set like, that was a stock
that I knew I needed to have.
I forgot how much time before
that MasterCard had their IPO.
I'm gonna say like a
year or two before Visa
and MasterCard crushed it and
I mean the logic here is that
okay, MasterCard had an awesome IPO.
Visa's not going anywhere because
all y'all using credit
cards when you shouldn't be
or your are hacking your wealth
and using credit cards to
get your reward points.
That's what I'm talking about.
So I just knew that Visa was one that,
yeah I mean it's gonna make me some money.
So, at the time I think I put in
oh, it was about $11,000 I bought.
I think was 200 shares
and Visa has had two,
I think two different stock splits.
A four for one and I think
maybe even like a 10 for one.
I mean it's just crazy
how well it's done and
you know, I could have sold it,
could have locked in some
profits but the market continues
to perform so it's just been crazy and
if you checked my wallet right now
I ain't got no MasterCard, I
ain't got no American Express
but what I do have is three Visas.
Give me some reward points,
it's what I'm talking about.
So yes, so Visa has made
me a good amount of money
and I'm very very very well pleased.
Alright were you surprised to learn what
my top five stock picks are.
If so, let me know in the comments below
or just let me know which pick
were you most impressed with?
Was it Visa?
Was it Facebook?
Was it Lucent?
Also y'all, if you haven't subscribed yet
be sure to check it out
because I've got the
Grow Your Dough Throwdown
going on right now.
This thing has been going on for a year
investing 100,000 dollars into
several different investment accounts
but this year were taken
to a whole new level.
We're going to do $100,000
into a trading account.
I'm going to show you the
exact stock picks that I make
so that you can see behind the
scenes the pics that I make.
How much I make or lose but
you're only going to know
if you subscribe and hit
that notification bell.
All right ya'll, be sure to
do that and until next time.
This is Jeff Rose reminding
you that is your money,
it's your life and only
you make it awesome.
Until next time.
