I Stopped Buying Stocks

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Hi! my name is Jacob, and today, i talk about why i have stopped buying stocks

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***Please be advised that I am not giving any financial or investing advice. I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk.***

[jordanruck]

First of all you did have me fooled with the title. Secondly, you have absolutely nailed it. So true what you say not only about the other YouTube accounts but also the investors. Partly because I found myself getting FOMO and wanting to get involved with some of these SPACS I knew nothing about. Admittedly I have had a few punts on some (only £100 a go) and they have paid off, but it is a dangerous game if you get addicted. You are my favourite YouTube account as you do you and don't feel the need to falsely sell yourself, so fair play for that. It may unfortunately mean you don't get as many subscribers but your ethos cannot be questioned. As I am a bit of a speculative investor myself I have resorted to crypto to avoid it getting too messy. One company that has taken the eye is Hedera Hashgraph ($HBAR), whether you own crypto or not it is worth looking in to as they could well be the Tesla of the digital currency. Keep doing you sir, love the show.

[neil]

Spot on Jacob. A reality check is actually quite refreshing to see on YouTube. Very wise 👍

[michaelbartlett]

Totally agree. With your advice I brought Greggs, Jet 2, Gan but still went did own research into the company's after your videos. YouTube should just way learning not away you're carrying out due diligence.

[iftekherahmedchowdhury]

Well said completely agree with you
Literally I am really shocked when I see this things every day most of the you tuber don’t have a clue no explanation and nothing so far just wasting the time plus money. I like and follow your content regularly though some of the things I don’t agree with you but I think that’s normal something may be you seeing from a different perspective. Hopefully I am starting my channel soon and I will definitely referring my followers to follow you so they can get some good content from you as well. Keep it good work man. You superb and rocking always 😄👍🏻

[herpennypotential]

Honestly some solid points in this and i completely agree - seeing a lot of 'penny stock +400% growth' videos that sound amazing but with the peak atm theres defs going to be a price correction this year- great video as always, admired you from the start - congrats on 7k! 💯👌

[MoneySuccesswithAndy]

I love your honesty, stick to your principles. I enjoyed the video. :)

[Mainstoic]

Great content!! Could you give us your view on sellas life sciences? Thank you!
Kind regards

[dazf]

Cracking advice....I class myself as a novice investor....I like your presentation and trust your advice....keep up the good work
Thank you

[NKRV]

Always trust your channel you have always come across true and put alot of thought into your stock choices and I hope in some ways your channel stays small as I have seen channel s explode and they just lose that safe mentality when picking stocks but on the other hand want you to do well too 😁

[garymacgregor]

As I said before, you are the only invester you tube channel I watch now. So much nonsense out there. You, Jakob come across as honest, intelligent with no smoke and mirrors like some others. Thank you so much for the information as usual. This could be your best video yet.

[twinkletale]

I found one the other week called DotDigital Group which does Advertising on Phones. I liked what they did as well as the fundamentals so I put a small position in them. Hoping to add more once I pay my Car Insurance.

Added some more into BritVic when it went down as I am Bullish with them after the Pullback.

I feel exactly the same as you these days. Looking into every Stock and cannot find a cheap price with good fundamentals.

Seems Penny Stocks are all the Rage these days sadly.

I am still a New Investor, and I have had days where I was in the Red on most stocks, but thankfully I see opportunities in them and the Cineworld Sell did not deter me from looking into Stocks more because of it.

I am thankful you are highlighting this. I think they are changing their Stock Channels to get more views to be honest but it could get them severely burned by their userbase.

[ianbarrett]

Honest and good as always, Hollywood bowl, GAN and tattoo chef are making me good profits and all down to this guy.

[AndrewJosephActor]

I actually think you are one of the best honest stock YouTube channels I’ve ever seen.

[Scott-tgby]

Stock moe and jack Spencer are getting really bad for promoting penny stocks 😬 used to really respect their channels too

[andrewthornton]

I think one of the big issues is that in America on Robinhood people are buying stocks on margin which is practically the equivalent of taking a loan to gamble and buy stocks.

[MochaCollective]

‘..Fearful when others are greedy’

keep up the quality content mate, ignore the noise 👍

[funkyfinance]

I totally agree with your sentiment here... the excess liquidity in the market right now is frightening. I've even seen YouTubers comparing the 'value' of two companies by comparing their share prices. It beggars belief. US penny stocks are exactly where the problem lies right now, not seen activity like this in the 6 years I've been doing this.

[jmja]

Good video, do agree we are in a bubble. YouTube is too easy with no legislation what so ever.
Too many people led by fear or missing out and the must have now mentality.
A lot of shares, as you say, are artificially high. YouTube, in my opinion, is a huge contributing factor .

[SavvyMoneyShow]

I understand what you are saying and its important people realise the risks I sold my s4 when it rose 10% at the same time gsk dropped so put the money into gsk then gsk rose a lot pulled the money and s4 dropped so put it into that

[fletch]

I would consider myself one of these people sucked in to this. I've only been investing for about 6 months and I've watched a lot of youtube videos about stocks but you're the only one that tells it how it is. It's been an education and I now make sure I do my own research rather than just doing what they tell me