Kevin O’Leary Reacts To My $10 Million Dollar Investment | Shark Tank

Worrying about taxes is a wonderful thing. It means you are making money. But saying, "Oh, I don't want to sell." stocks that now make up 11 percent of my portfolio because I don't want to take the tax hit you'll pay a brutal price for that you'll have a massive correction you won't have made any profit and you'll hurt yourself immensely that's the one What mistake are you making here, so do you have to do your job? Are you using any margin? No, that's the other thing: never use margin on stocks, never do that, never, never, never, people think margins are free when there's a correction, they kill you, right? they will sell it in two seconds cash position 1.8 between cash 1.75 12 months cd 200,000 cash and you need this to make the initial depositto make deposits in real estate, what is cash for your total net worth?

How much cash do you have compared to your entire net worth? So cash would be about 30 percent. That's useful. In fact, I have over 30 in cash. Actually, yes, yes, I have had it. some exits in real estate I recently sold my commercial real estate and I'm going to wait until I see what the economy looks like in 36 months to get back in, but as a result I have a ton of cash, this is a really exciting one, I don't know if I can mention this in the video because I haven't announced it yet, but I put a company called there is a valued startup.

I learned from Shark Tank. This is a Shark Tank type

investment

. you have to be ready to write that off completely because there's a 50-50 chance it's a tax loss. Very few people can achieve this. I didn't make it when I was 30 years old. That's actually very difficult to do and the reason you arrived is that you are extremely disciplined, you only invested capital in assets that you thought could appreciate primarily in real estate. Listen, the only negative thing I can say about you is that you have too much real estate, but that's how you made your money in the beginning. place working on it, yeah, so what would you give this one out of 10?

I think you gave me an eight point two three four as a trader, you know you were an eight, but as a portfolio manager I have to take you down to probably a seven. maybe a six and a half why concentrating too much on an asset is pretty fair so if I just looked at this without knowing who you were I would say this guy is too much real estate okay so you know but if your real estate is who I get it, but all you're maneuvering now should be raising more cash, buying more diversity, maybe a little more conservative.

You know, my portfolio probably has a thousand stocks, but most of them pay me and they pay. monthly so I have a really strong cash flow every month and my biggest problem is what I do with the cache and that's how I buy watches here we go you have to make it say break the link oh yeah destroy what you have say destroy like button for youtube algorithm the like button yes destroy like button for youtube algorithm and one last thing you should remember destroy like button destroy like button for youtube algorithm one more thing I have to remember to destroy the like button for the YouTube algorithm.

Do it and subscribe and subscribe, of course, great. That's all. Thank you so much. You understood it. That being said, guys, thank you so much for watching. I really appreciate it, as always. Make sure. to destroy the subscribe button and notification bell, also feel free to add me on Instagram. I post almost daily so if you want to be a part of this feel free to add me there as on my second channel the Graham Stefan show I post. there every day, I don't post here so if you want to see a new to me video every day be sure to add yourself to it and lastly if you want a totally free action worth at least eight

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