← Earn Your Leisure
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Earners.
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What's up? Look, the holiday season is supposed to be about joy and celebration, but let's be real. Finances could take a serious hit this time of year. Have you ever found yourself dipping into your savings or even adding to your credit card debt just to cover some holiday expenses? I know, I've been there. And those months of catching up afterward? They're not fun. But what if you could approach this holiday season differently without the stress? That's where Chime comes in. With a Chime checking account, you get features designed to help you stay in control of your money. Like no monthly or maintenance fees, fee free overdraft up to $200 with SpotMe, and my personal favorite, getting paid up to two days early with direct deposit. Think about it. No surprise. Fees draining your account and the flexibility to handle those holiday expenses when they pop up. Let me tell you about SpotMe. I remember a time when an overdraft fee hit me just because my timing was off with my paycheck. It was frustrating and unnecessary. With Chime, you don't have to deal with that. SpotMe lets you overdraft up to $200 without fees, and your next deposit just covers the balance. And here's something unique. Chime is all about community. You can even get a boost from a friend to temporarily increase your Spot Me limit. And when you help a friend out, they can boost you back. It's a real give and take that makes managing your finances feel a little more supportive. Millions of Chime members are making financial progress every day. To date, Chime has spotted members over 32 billion in transactions through SpotMe. And with access to over 50,000 fee free ATMs, you can take care of your money anytime, anywhere. So enjoy the holidays while keeping your financial goals on track with Chime. Open your account in just 2 minutes at Chime.com earn that's Chime.com earn Chime feels like progress. Banking services and Debt card provided by the Bancorp Bank NA or Stride Bank NA members, FDIC Spot Me eligibility requirements and overdraft limits apply. Direct deposit timing depends on submission of payment file. Boosts are available to eligible CHIME members enrolled in SpotMe and are subject to monthly limits. Fees apply at out of network ATMs and for OTC withdrawals. Earners what's up? Look, you know how every new year we set these big goals like saving more money, but somehow life just gets in the way? I mean, how many times have I told myself I'll stick to a budget only to see random delivery fees and Subscription services eating away in my wallet. It's like the world is designed to spend our money. That's why I love Acorns. It makes saving and investing automatic so you can stick to your financial goals without even thinking about it. This episode of Earn your Leisure is sponsored by Acorns. You've probably heard me talk about Acorns before and I'm excited to share more about how it can help you too. Acorns makes it easy to start automatically saving and investing so your money has a chance to grow for you, your kids and your retirement. Here's the best part. You don't need to be an expert. Acorns will recommend a diversified portfolio that fits you and your money goals. You don't need to be rich. Acorns lets you invest with the same spare money you've got right now. You can start with $5 or even just your spare change. You don't need a ton of time. You can create your own Acorns account and start investing in just five. Basically, Acorns does the hard part so you can give your money a chance to grow. For me, Acorns has been a game changer. I remember looking at my bank statements and realizing I wasn't making any progress toward my long term financial goals. With Acorns. It was like flipping a switch. Now every little bit of spare change I spend is automatically invested. Over time, those small steps have really added up and it feels good knowing I'm working toward a better future without stressing about it every day. So head to acorns.com eyl or download the Acorns app to start saving and investing for your future today. Paid Client Endorsement Compensation provides incentive to positively promote Acorns Tier 2 compensations provided investing involves risk. Acorns Advisors LLC and SEC registered investment advisor view important disclosures@acorns.com UIO after I caught in video the number one question I got for 18 months is what's the next Nvidia? That's not my question for you, but same when you're, when you're looking at the the new sector or new company, what's your process to do the research to find what sector could be the one that takes off next?
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All right, so we have, we have this list that we keep internally called the best stocks in the market. And what we're looking for are the stocks that are working right now. And it, it's not that we don't care about the fundamentals of course like everybody does. So we're looking for profitable companies. They've got to be a certain size. It's not that there aren't small good stocks to own, it's just this is not what we're doing right with this particular effort. So they've got to be a certain size, they've got to be profitable. And we want to see the distance from a 52 week high. You want to see whether or not they're in a defined uptrend. Not like my opinion, but like mathematically is a stock trending higher over a certain period of time. And we're looking at all these things and we come up with a list of what are currently the best stocks in the market. Now I can't say these will be the best stocks in the market for the rest of the year because things change. So what? All we can really do is take a snapshot of this moment in time. Where are people making money right now? For me, that's not the end of the process, that the beginning. This is the number one people problem that people have when they get into the stock market. They don't know where to begin. So they turn on tv. Maybe they see me, maybe they're not so lucky they see somebody else. But whatever ticker symbols are being talked about that day on the air, like they think those are the stocks they're supposed to trade. There's no context. So what we do with best stocks, the market list, it's a start. It's to say, all right, if you're gonna go fishing and you want to catch something, shouldn't you start in a pond that, that you know is stocked with fish? That's the, it's. The problem with people is it's not their fault. Nobody teaches anybody this. Why would you start, why would you start with a random list of stocks that people were talking about on TV or in a magazine that day, or people on Twitter? Like that's your starting point. So I'm starting with the best stocks in the market. They're profitable, they're big, they're going higher, they're in uptrends, they're in proximity to a 52 week high. They're in the S&P 500, the best every week. Every Friday I look at the close. I don't want to get whipsawed every day, Monday, Tuesday, Wednesday, because the list changes. Stocks fall in, stocks fall back on. If I look every week, 52 times a year, on Friday, market closes. Okay, what are the best stocks this week? That's a great starting point for me to spend that weekend not for a million Hours just like, oh, I never heard of this. Let me find out why it's going up. Think about how many people have the opposite approach. They're looking at the 52 week low list. That's a really tough way to make a living. They look at the worst stocks or what are the stocks that are the most controversial and they're being talked about all day. That's not a great starting point either, right? That's how you end up owning Boeing. So what I'm trying to. Or intel, what I'm trying to do is identify those best stocks and then use that as a jumping off point to try to figure out what's going on. And I'll tell you guys a couple things. The first is, let's say the list has 65 names on it. On a random Friday, it could be 10 names, it could be a hundred. This is a function of how the stocks themselves are behaving. Let's say 65 names. If 10 of those 65 names are all consumer staples, there's a lot of information in there. Number one, it tells me defensive names are rallying more than most of the market. Number two, I might stumble upon a company within that sector that people are excited about and I might learn that catalyst for myself and have a new trade. So that's my starting point. I'm not saying there aren't other ways to do this. I'm saying this is what I know works for me. Here's what I'm saying just definitively that I'm not doing. I'm not looking for the cheapest stocks. I'm not looking for what are the lowest valuations. That's just list that there are people that play that game and they're really good at it and it's nothing wrong with it. I'm not doing that. I'm saying, where are investors being rewarded right now? Let me find out why. And then I got to figure out, can this continue? This is how I ended up in the trade desk this year. Ttd, Sick, sick chart. This is how I ended up in Reddit, one of the best performing recent IPOs. All of these things. I wasn't focused on them until my list said, josh, look at this stock. Find out what's going on here. And so that's my approach to investing. And look, it's taken me, I don't know, 15, 16 years to, you know, figure that part out to the extent that I have, but I've been doing that for the last few years and I don't want to go back to any other version of what I was doing. Now that I'm doing it this way.
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