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Investor 1
Are there any stocks under a hundred dollars that's worth buying?
Investor 2
Yeah, Nvidia under When it gets like. I'm being serious, but all jokes aside, please write this down. Look for the best asset at the cheapest price and leave everything else alone. You guys do it. When you go car shopping, you don't even get no discount at Louie. Shout out to the CEO, gonna be there February 27th. Get a ticket now. But when the best assets in the world are on sale, that's what you should look to buy. Before the sock split, everyone was complaining that it's too high and now that it's a 118, people have concerns. And in three years when it's at 350, what will the excuse be? So if it dips underneath, I don't know, 100 flat 98 bucks at some point. Cool. If you want to take a swing at amd, even though Troy and I had a spirited debate, can't wait to see the thing pieces on it. AMD and Nvidia will be two, two great ones. The question is will you execute and hold it for the next five years? Stop talking about everything in a short term framework.
Investor 3
Yeah, that, that'll be the part. Right. Like people need to have that long term vision. Since you said those two, I will give two different ones. I will go with Micron which is sitting at 90. Now obviously we talked about Nvidia. They are partnered with Nvidia in terms of storage. So like when these GPUs and all this AI needs to figure out where it's being stored, data storage is going to be important. So micron sitting at 90. And Dell, we spoke about Dell. I spoke about that. In terms of the data center infrastructure, in terms of cooling, in terms of racks, Dell is sitting at 100. This is one of those, those companies that's just been here for a long time, but they're changing the way they're operating. Obviously now with the, the revolution AI. Those are two that I would put obviously the ones you said for sure. And then those two are 190. So those are. Those are two of mine.
Investor 1
Yeah. Some best practices. You should definitely not risk more than 10 of your portfolio if you're trading. That's important because that's going to lead to you making irrational decisions. If you got a hundred thousand dollars to invest in the stock market, you shouldn't. And trade $50,000 mistake. Trade $10,000.
Investor 2
Yes.
Investor 3
Yeah.
Investor 1
Any disagreement with that?
Investor 3
No. It speaks to a bigger issue of having a plan before you invest. Right. Like what is your plan?
Investor 2
That's the part. Yeah. Isn't a place where you can think day to day or week to week. You need to have your plan mapped out for the next five years. I said it at the mastermind. Like do you have your trading plan mapped out for the year and your investment plan for the next five or ten.
Investor 3
Right.
Investor 1
And then also as your account especially. But even earlier, you might want to consider using the LLC for sure.
Investor 2
Sure.
Investor 1
So you can change your registration like if you would Charles Schwab or Fidelity. You can create an LLC and move the registration of your trading account to an llc. That would help potentially if you ever got sued lawsuit. You know, you don't. You don't really want to keep stuff in your personal name.
Investor 2
Yep.
Investor 3
That's.
Investor 1
That's important.
Investor 3
This is called asset protection. Especially when you and we saw a couple brokerage accounts that you should be listening to this vice. Once you start hitting that fifty over a hundred thousand inside of that broker. Protect yourself.
Investor 1
At least that's.
Investor 2
People will try it.
Investor 3
That's not for us.
Investor 1
Yeah. For sure. So that's something that's something to consider as well. Definitely. Yeah. And then you don't want to overextend yourself in too many position stocks. That's gonna water down your performance. You got $300 and 89 different companies. Even if it goes up a hundred percent. Well, you made $300. Yeah.
Investor 2
You won't make any real money.
Investor 1
Yep. Yeah, yeah, yeah. Safe bets.
Tax Advisor
Now taxes is 100 free when you file in the TurboTax app. If you didn't file with us last year. Oh yeah, yeah. Just do your own taxes in the app by 218. What if I have lots of forms? All good. All 100% free. What if I had three jobs still 100% free.
Investor 2
What if I once saw Bigfoot?
Tax Advisor
That has nothing to do with taxes. So still 100% free.
Investor 2
That's what I'm talking about.
Tax Advisor
Now this is taxes. See if you qualify in the TurboTax app excludes TurboTax Live must start and file an app by 2:18.
Title: Best Stocks Under $100 to Buy NOW
Host/Author: EYL Network
Release Date: February 6, 2025
In this episode of Market Mondays, hosted by EYL Network, stock market expert Ian Dunlap engages in a dynamic discussion with fellow investors about the best stocks currently priced under $100. The conversation delves into strategic investment choices, risk management, and long-term planning, providing listeners with actionable insights to enhance their investment portfolios.
1. Nvidia (NVDA) Investor 2 highlights Nvidia as a prime candidate, emphasizing its potential despite its higher price point.
"Look for the best asset at the cheapest price and leave everything else alone... before the stock split, everyone was complaining that it's too high and now that it's at $118, people have concerns."
(00:34)
2. Advanced Micro Devices (AMD) Alongside Nvidia, AMD is recommended for its strong market presence and growth prospects.
"AMD and Nvidia will be two, two great ones. The question is will you execute and hold it for the next five years?"
(00:34)
3. Micron Technology (MU) Investor 3 suggests Micron, noting its current price and strategic partnerships.
"Micron is sitting at 90... when these GPUs and all this AI needs to figure out where it's being stored, data storage is going to be important."
(01:45)
4. Dell Technologies (DELL) Dell is recommended for its enduring market position and adaptation to AI advancements.
"Dell is sitting at 100... data center infrastructure, in terms of cooling, in terms of racks... changing the way they're operating."
(01:45)
1. Risk Management: Limiting Exposure A key strategy discussed is limiting the amount of the portfolio exposed to individual trades to prevent irrational decision-making.
"You should definitely not risk more than 10% of your portfolio if you're trading... If you have a hundred thousand dollars to invest, you shouldn't trade $50,000. Make it $10,000."
(02:37)
All investors agreed on this prudent approach.
2. Long-Term Vision Investors emphasized the importance of maintaining a long-term perspective rather than focusing on short-term gains.
"Stop talking about everything in a short-term framework."
(00:34)
"People need to have that long-term vision."
(03:10)
3. Asset Protection: Utilizing LLCs Transforming personal trading accounts into LLCs was recommended as a protective measure against potential lawsuits.
"You might want to consider using the LLC for sure... create an LLC and move the registration of your trading account to an LLC."
(03:30)
"This is called asset protection... protect yourself once you start hitting fifty over a hundred thousand inside of that broker."
(04:02)
4. Avoiding Overdiversification Maintaining a focused portfolio was advised to ensure meaningful returns, avoiding the dilution of investment performance.
"You don't want to overextend yourself in too many position stocks... you have $300 in 89 different companies, even if it goes up a hundred percent, well, you made $300."
(04:22)
Strategic Selection: Prioritize high-quality assets available at competitive prices, akin to securing top vehicles on sale.
Discipline in Trading: Adhering to strict risk management rules, such as limiting each trade to a small percentage of the total portfolio, safeguards against significant losses.
Long-Term Commitment: Holding investments for extended periods allows for growth and realization of the companies' potential, especially in sectors influenced by AI and data storage.
Protection Mechanisms: Utilizing legal structures like LLCs offers an additional layer of security for investors with substantial brokerage accounts.
Focused Investments: Concentrating investments in fewer, well-researched stocks can lead to more substantial returns compared to a highly diversified approach.
On Asset Selection:
"Look for the best asset at the cheapest price and leave everything else alone."
— Investor 2 (00:34)
On Long-Term Holding:
"Stop talking about everything in a short-term framework."
— Investor 2 (00:34)
On Risk Management:
"You should definitely not risk more than 10% of your portfolio if you're trading."
— Investor 1 (02:37)
On Asset Protection:
"This is called asset protection... protect yourself once you start hitting fifty over a hundred thousand inside of that broker."
— Investor 3 (04:02)
This episode of Market Mondays offers valuable guidance for investors seeking to optimize their portfolios by identifying promising stocks under $100 and implementing robust investment strategies. The emphasis on disciplined risk management, long-term planning, and asset protection provides a comprehensive framework for achieving sustained financial growth.