The Turmoil of The Stock Market and What You Should Know!

If you are an investor and have seen a lot of changes in your portfolio lately, you might be a little bit confused. Some days you end up green on the day (profitable), but on others, your account goes down. Then, on the next day, you are green again! Isn’t crazy?

The recent market madness has the Dow Jones (which measures 30 of the biggest stocks) moving up and down in a strange way. These changes in the market price are nothing new to the scene. Nevertheless, the unusual part is the lack of volatility we have seen in the past year in the market. For instance, $VIX, a ticker symbol that measures market volatility, last year hit an all-time low. Historically, October has been the most volatile month of every year until 2018.

Screenshot (5) — The Stock Market Has Been Moving Strong Since 1993

On February 5, 2018, the Dow dropped tremendously, however, the next day it began to pick up the pace, and by the end of the month, it recovered all of its loses this way ending the month strong. This was known as a correction period. Based on previous corrections the stock market has been able always to recover its losses after every significant drop. Self-made billionaire Tony Robbins said the following about the importance of a correction, “why does this matter? Because it shows you that corrections are just a routine part of owning stocks. Instead of living in fear of corrections, accept them as regular occurrences. Historically, the average correction has sent the market down 13.5% and lasted 54 days — less than two months.”

Even with the ups and down this year the market continues to grow and has been doing so for ten years which makes it the longest of all bull markets. The call to action for any investor is to be patient and to avoid any emotional decisions that may affect their portfolio. Also, another recommendation is to be selective from where they obtain their financial advice the source of information is crucial through times like this. After all, every single market downturn has historically ended in an upturn! As Warren Buffett has said, “The stock market is a device for transferring money from the impatient to the patient….. If you lose money in the market, it’s because of a decision you made — and if you make money in the market, it’s because of a decision you made.”

Why Financially Legalizing Marijuana for Recreational Use in New York Makes Sense!

New York State is reviewing the likelihood of legalizing marijuana. Gov. Andrew Cuomo never liked the idea and at one point even called it a “gateway drug.” However, in the upcoming midterm election, the question of legalization has heated up because of the governor’s race against Cynthia Nixon who vows to legalize the plant if she wins the governorship. Several states that neighbor New York will vote on legalization, and with New Jersey considering it, and Massachusetts legalizing pot Cuomo has had a slight change of heart.

Should New York State legalize recreational marijuana? YES! It’s 2018, is about time we legalize marijuana.

Making marijuana legal would demolish illegal selling. Because it is illegal to buy weed, marijuana can only be purchased through drug dealers in New York. The legalization of marijuana would either put them out of business or make them go legit. States, where marijuana is legal, have seen a significant drop in gang violence activity.

It would increase tax revenue. Recreational weed sales generated more than a half-billion dollars for Colorado since its legalization. Colorado legalized medical marijuana in 2000 and became the first state to legalize recreational weed. Between 2014 and 2017, cannabis generated over $506 million! In tax revenue. The tax revenue has gone to fund schools, construction projects, and other essential programs, according to CNN Money.

Opponents complain that marijuana is a bridge that leads users to other, more dangerous drugs. However, a 2017 study by Health Canada, showed that 84% of patients who had access to pot reduced their opioid prescriptions, particularly 30% reported that they changed their prescription opioids for weed. In simple words, marijuana can help a person leave dangerous drugs.

OG rapper, Marijuana advocate and social media influencer Snoop Dogg believes that this is a good step towards a progressive employment expansion in the state. For example, the rap artist and cannabis enthusiast, Snoop Dogg has its own cannabis company “Leafly” which is a 70% indica-dominant hybrid strain that is said to contain genetics from Lemon OG and Sour Diesel.

New York State should take into consideration the possibility of legalizing marijuana, because of the impressive financial benefits that it has to offer. Legalizing weed in New York could create a $3.1 billion business, says NYC comptroller. If pot becomes legal, the state of New York could make $435.7 million annually in tax revenue. Which could exponentially impact the funding for both the education and healthcare sector, according to Scott Stringer, New York City Comptroller. With a much higher tax revenue, more public programs, infrastructure, schools, and teachers can be funded. Colorado is the perfect example of the potential that legalizing marijuana for recreational purposes has. If Colorado was able to do it, why New York State cannot?

Who Is Ricky Gutierrez?

Born in Arizona, Ricky Gutierrez always had a passion for entrepreneurship and helping others. Thanks to his parents from an early age Ricky understood the value of the dollar and how vital it was to both purchase the things you needed but most importantly, how it could be used to help those around you.

His journey as an entrepreneur started when he was a kid in middle school where he began making fingerboards as a hobby. At the time, fingerboards were popular, and with the help of a friend, they started building fingerboards to sell them at a lower price. Although it was a team, Ricky’s partner eventually stopped working on the project which left Ricky all by himself. Instead of losing hope he worked even harder to keep the business afloat which ultimately led him to win some customers.

Screen Shot 2018-09-12 at 10.48.20 AM

Once in High School, Ricky began to look for new ways of making money so he could buy things he needed without having to bother his parents who already had a lot on their plate. After many months of trying different things, Ricky came across a guy from Connecticut while surfing the Internet that became a millionaire trading stocks while still in college and here is when Ricky discovered the world of trading.

After educating himself in the world of stocks Ricky decided to open a brokerage account but had one issue —he was still a minor—. For a minor to open an account with a broker, they must receive the consent of their parents/legal guardians. After having a conversation with his parents, he was finally able to open and fund his first brokerage account this way beginning his journey as a trader!

Even though Ricky was very excited to start his journey as a trader he soon came across the massive wall that is to become successful in the industry “90% of traders lose money, and only the top 10% prevail.” Like many new traders, Ricky didn’t take this warning seriously and eventually began to lose money. After a couple of months of trading, Ricky blew out his trading account!

Screen Shot 2018-09-11 at 9.33.27 PM

Although it was disappointing to lose most of his starting capital, Ricky used his failure as a driven force and by staying disciplined, finding a niche, and waiting for the right setups he became comfortable and made better decisions in his trading. After trying multiple strategies and trading styles he began to distance himself from his losing past and started to embrace his new consistent style of trading.

After finding consistency and a new found passion for trading, things began to change with Ricky. Even though it was fun to make hundreds of dollars while trading just a few hours a day Ricky felt there was more in life than living for yourself, he needed a purpose! After some time Ricky began to create YouTube videos to show others how to trade, something he did for fun, however, life had another plan for him.

After uploading videos on a consistent basis, the views on his channel began to grow alongside his subscribers, and little by little his channel began to flourish. Even though the attention was good, what Ricky enjoyed the most was answering different questions from people all over the world asking him about trading and how he got started. After many months things finally came together and with this, Ricky’s purpose came to life…Teaching.

Screen Shot 2018-09-11 at 9.42.28 PM

A newfound purpose for educating others and a growing following each day, the next step for Ricky was to create a community in which he could closely mentor people from all walks of life this way founding “Techbud Solutions” in 2017. Techbud Solutions is a group designed to help motivated people to connect with one another to further assist and expand their ventures. Fast forward to September of 2018, Ricky Gutierrez has become the youngest millionaire in Gilbert, Arizona. Also, expanded his entrepreneurial quest to not only the stock market by becoming the owner of different business such as real estate, buying & selling high-end vehicles, and his learn plan profit lesson library which teaches you step by step how to become a consistent and profitable trader.

Thanks to his determination and genuine interest in helping others, he has now over 300,000 subscribers on YouTube, 140,000 follows on the official Techbud Solutions Facebook page and over 50,000 followers on his personal Instagram account. His integrity and willingness to help others helped him develop a strong bond with his followers whom each day grow by the thousands. Some may think he just got lucky but for those who have followed his journey for the past two years, can assure that all we have seen is nothing but the true definition of discipline and consistency.

How To Use Stash

What is Stash? Stash is the newest investing platform that is entirely mobile-based and its available on both iOS and Android. The first thing new users notice after downloading this app is that is has a clean interface and is user-friendly for new investors to the stock market, in fact, you can start investing on stash with as little as $5! The concept behind Stash is stashing away money. The app is set up so you can set automatic deposits into your Stash account, this way slowly adding money to your investments and making your money gradually work for you over time. This app is designed for new investors looking to get started in the stock market world.
Stash-Investment-App

The first pros of the stash investing app are like I said, the minimum investment required. You can get started investing with as little as $5, which is a lot cheaper when you compare it to other brokerages where you need hundreds of dollars to get started investing and buying single shares of stocks. It is important to know that all the investment funds available on Stash are well established ETS from well-known investment firms like Blackrock, Vanguard, just to name a few. Stash makes it a lot more accessible with five dollar increments to new investors who may not have thousands of dollars at their disposal, and furthermore, there are no trading fees or add-on commissions to use this app like there are at larger brokerages. It is important to remember that there is a $1 monthly fee to use the Stash app.

stash_1444855824585_355544_ver1.0_640_360

Currently, there are 33 pre-selected custom ETS investment options for every type of investor whether you want to be aggressive, conservative, or somewhere in between. There are also different niches and sectors that you can choose from, overall, it takes the guesswork out of investing as you can quickly look over the pre-selected options, read their overview and performance and determine the ETS that suit your taste. Now let’s discuss the cons of the app, there is a limited selection there are only about 33 investment options to choose from. Also, you cannot invest in individual stocks on Stash except for one, other than that all the other 33 investments funds are all ETF. With Stash, you don’t have the option to invest in individual companies. The last con is that there’s no desktop platform right now it’s entirely mobile-based. CNN money wrote an amazing article as well that explains the benefits and how to use the app.

Now, regarding pricing, there are no trading fees or add-on commissions to use the app. However, there is a one-dollar fee per month on balances up to $5000, and for balances above $5000, there’s just a 0.25% fee per year on those accounts. Plus your first month on Stash is free, overall that’s incredibly cheap in the world of trading commissions that can range from five to seven dollars per trade at larger brokerages. Kevin O’Leary, influencer, chairman of O’Shares ETF Investments and investor in Shark Tank believes that investment app are the future for small investor