Hello?
Hi Kyle. How are you? IF you had to give a TED Talk tomorrow, what would it be about?
Hi! I'm good how are you! I think I would talk about how to ...Well I don't really know. Maybe how to eat healthy food? What would you talk about?
I am well. Just doing some homework. You should totally talk about the human body. You give out great facts. I would probably talk about why start investing at a young age and why having work experience while in school gets you farther in life
Haha thanks. Yeah it's a cool topic to learn about. And there are a lot of people that don't know how to eat right for their body. Those are great topics.
Yeah, Something I am really passionate about now.
Yeah totally. So have you started investing yet?
I can't stop thinking about ways to invest
Yeah investing is really important. I've been using that Robinhood App. It's pretty sweet.
Stocks yeah... I have been in contact with my real estate agent and mortgage lender to get a good property with 4 units Nice good for you. Have you started putting money in it yet?
Have you found anything good near by? I put like $100 in just to practice. So yeah I have started a little bit.
yeah, I found a very sweet triplex, yesterday. But I am not 100% sure if i want to go for that one yet. I want something with 4 units, but those get snagged so fast which stocks have you been investing in? I just lost a little over 250$ the other day. haha
Yeah the four plexus are really good. I've tried a few things. Like I tried Starbucks and GoPro and Some oil company. But I'm just doing very small amounts right now because I'm still not sure how to predict is a company will do well yet. Thats too bad Haha which stock lost that much money?
Watch the news and read up on the company. This is a good time because the quarterly earnings report is starting to happen. Plural Vison. Starbucks is a safe one. have you talked to your landlord yet about wanting to purchase the complex?
How does knowing the quarterly earnings report help you invest? And no I haven't had time to talk to her yet because I just haven't been over there and she never answers the phone. But I will in november.
The stock market is going through a little down turn right now. So this is a great time to buy a bunch. The reports tells the status of the company and if it met expectations and goals. It will tell of future goals and plans. For example, I was listen to Apple's 3rd quarter reprot a few months back and it Tim Cook was giving the updates and all the good numbers, then he went on sharing their big next ideas and business plans. And then Withing just a couple hours the values shot up so fast. people bought and bought and bought. when they mentioned something about good plans, the investors knows that if it is going to be good so they invest to park their cash in the stocks
Wow. Thats crazy. Now probably isn't a good time to buy Apple though I feel like whenever they release new product there is always people that find things wrong with it. They
or buy now then trade a little bit later
They get a lot of criticism.
Yeah, but criticism comes with being a the top tech company in the world. haters gonna hate cuz they anus
Yeah but still. I wish I could know when is a good time to buy before it happens you know? Like this company I was looking at the other day is called Endocyte. Their stock price went from 9 to 25 dollars in one day. That was a like a month ago.
What kind of company?
Biomedical
you can also read the financial reports
how does that help?
Bio companies tends to do that a lot. I invested some that shot up so high within a couple days but then they normal drop even harder. The weekly financial reports can tell how the company is doing and what they spend it on and if there are any lawsuits current
Yeah so you gotta sell before they do that. Lawsuits would hurt stock price right? And how would spending affect stock price?
yeah, if there is a trend with bio tech companies shooting up, I would only jump on when it just started then sell as soon as I feel like I made a good amount. Cuz they tend drop really soon and hard. Because an IPO has to share all of their public stuff, and so if they report on there report that they are going through a lawsuit then deepening on what kind, investors can tell if that will hurt them. and the company.
Yeah good point. I have yet to make any money in stocks. But I also haven't really tried that hard yet. And the spending? Like how would spending affect the company
For example, Facebook's stocks plummeted within the hour that investors found out that they shared info to that cambridge company. Investors knew that a lawsuit was coming so they sold that is why their stocks are still not doing too hot because there was another privacy issue recently the spending shows the cashflow of the company and how they are doing.
Yeah that makes sense. So if they are making a lot of cash flow then the stock prices will go up? Also how can you know if a company is going to have an IPO soon?
If a company has a trend of constant negative cashflow but no results, then that is something to be careful about. If they show negative and positive cashflow with consistent good results then that is a company that would be good to put some money in they normally will report it. Like Credit Karma is one that announced that they would like to go public soon. i still don't know when, but they would be a great one to invest in 2 strategies for a new IPO. 1) If planning on investing long term, I would not invest right away when they become an IPO, the stock prices are normally inflated at that time. They will eventually go down then I would buy if I plan on investing long term.
Very interesting. And if you don't plan on going long term with a company, then what?
2) Know exactly when they are going to become an IPO then invest, people will buy at that time because they see that its a great opportunity so the day traders will buy that morning then sell when they make their goal target during that day
Do you buy before they go IPO or right when they do?
I think you can only buy when they go IPO. Something that I haven't learned to much on is buying options within the company. So that might be a way to buy before IPO but I think that that isn't possible.
Oh cool. But long term is better for an IPO? Because if a company goes IPO usually the price will go up a ton in the next five year.
For a new one? A big reason why new IPO prices are so inflated because they normally distribute the stock out to employees Yeah, talk to your landlord and see what you can get for the fourplex
Oh they just give out a lot to the employees for free? So they need to compensate on the rest of them?
Yeah , and normally they would have to hold the stocks for a certain amount of time before selling it.
Thats genius. Taylor's dad said that he would teach companies how to go IPO. He told them to hold stock for theselves and let the value go up so they could use it to acquire more companies and grow their business later. It's basically like making your own currency.
Oh wow. that is so cool. yeah, and so when a company just goes IPO, people don't really know how much they are worth yet, so its bouncy. Taylor's dad seems so cool and smart. I want to meet him one day. How good are you with Excel?
Yeah it's sweet! Yeah I get that. It's risky. Yeah you should totally meet him! You know what you should come down to Arizona with us one time and you can meet him there. He can give you good advance about running a business. Umm I'm okay. I could learn more but it seems pretty simple.
Tight. yeah we will need to plan a trip. I still have so much to learn K, cuz my friend is asking why are histogram looks so funky, But my advice didn't help too much.
Hmmmm I'm not sure exactly if I could help with that. Is your friend a BYU student? They can look up videos for free on lynda.com Or they could just use youtube. But yeah we need to plan a trip soon!
Yeah she is. she is in my econ group for calls. what is lynda.com? How do you know all about these cool things from BYU
Idk I just read emails from them and in one of them they said we have free access to Lynda.com Lynda is a branch of LinkedIn. So you go there, and then instead of creating a new account you just click on the link below that says "sign in as an organization." Then you just use your BYU net Id and password and you are in for free. I think it's normally like 20 bucks a month to have access so it's a really good deal they have.
Oh tight. I need to check that out. So you read these things on the Emails?
Most of them yeah. I honestly dont remember where I learned about Lynda.com but yeah just the University Communication Emails.
So did you just read about this chat thing just now?
I learned about this chat thing from an email they send me from the exercise science department. But I'm pretty sure the department that is putting it on is the department of computer science. They want to make an artificial intelligence that talks like a human
oh I got cha. When will we know the winners? Ahh, that would be cool. And how will this help?
So the current round goes until November Second. Whoever has the most points on that day wins an IPad and whoever gets to like a certain number of points is entered into a drawing to win a new macbook pro. This helps because they save all the data and then they in put it into the computer program which then uses it to learn more about how humans talk
Oh sick. man, I wonder how many people are doing this right now. Ahh, I see. that is way cool. yeah, I lost my iPad, I was thinking about getting the iPad pro. Maybe I'll buy it for myself for Christmas. haha.
There is a leader board on the home page that tells you how many people and what their scores are. It's all anonymous though so you don't know who anyone is. You lost it? Thats too bad I'm sorry. I hear they are coming out with a new iPad version next month
Are we any where close to being on top? Yeah, I wonder what the new version is gonna be like. Yeah, i lost it over the summer. I left to asia and came back and can't find it. I don't think i took it with me...
It's mostly based off how many chats you have. And it opened on Friday so people have already been chatting. But I am close to the top yes. Yeah I wonder too. So you just left it at home and then came back and couldn't find it.
How many people have you chatted with already
A lot. I'm actually in first place right now haha I just want to keep the lead. Because the guy in second is being competitive.
yep, I am thinking I tried to hide it but forgot where i hid it.
Maybe you will find it when you move and have to take everything out.
I am a good hider of things haha. Sick dude. How many points do you have?
I have almost 2 million. Yeah thats funny you are a good hider! I hope you find it!
yeah, so that way I don't have to buy a new one. Dang, dude, maybe you will the ipad and a new mac
Maybe! But I really just want the iPad for Taylor. I like my mac that I have now so I wouldn't care too much about that. But yeah we could help you look for it. Wait do you have the app that says Find my iPad?
Ahh, yeah the iPad pros are sweet. Yeah, I am looking into it now. But it will probably just say that it is in my house.
Well at least it would confirm if it is in your house or not. Then if you know it is in the house we could all help you look for it. We could bring in a metal detector haha.
I remember that I once thought i lost my ear pods and so i use the app and it lets out a noise and a map to show me where it is. You guys have a metal doctor? haha it says that it is offline. so idk...
no we dont but that would be fun haha. well darn how are we gonna find it?
I do not know, I have given up a long time ago. What are you guys gonna be for halloween? How do i look at the leader board?
Im sorry. We are going to be characters from the wizard of oz. i cant see it unless i leave te chat
Oh yeah, that is right. We still haven't decided yet. It has been too crazy here. And now I don't think we have time to make something
I actually have to go soon because I have to fee Ollie. But We will be over soon. Thanks for helping me out by chatting!
Yep, no problem. Hopefully you win!
Gracias! See you soon.
see you soon