 It's magic. What's up, money geeks, Mr. V here. Welcome to another video, guys. So in today's video, I want to kind of walk you guys through how I go about picking the stocks that I invest in. Before we actually get started, guys, if you're new to the channel, we'll talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and any notification bell so you don't miss out on new content. So I've been getting a lot of questions from some of you guys asking me like how I do choose the stocks that I invest in or the companies that I invest in. To me, it's a very tricky question because people have different investment styles and people are looking for different things in the stock market. But so in this case, I'm going to talk based on my personal experience and what I consider before I go into investing. So again, and I'm going to focus solely on long-term investing. So there is a different strategy to pick stocks that I can invest in maybe for a swing trade or I can invest in day trading because I mean, you guys know I do a day trading. I just kind of like a site also I haven't gone full-time with day trading but that's choosing the stocks to invest or to trade is different from choosing the stocks to invest long-term. So today again, we're going to talk about how I choose stocks that I invest in long-term. And again, let me kind of break this down. I have two accounts. I have a cash account and I have a margin account both with Weibo. And so if you're new and you want to learn more about Weibo, I have a playlist that I'm going to hook up here that you can definitely go check it out. I use them for again, for my cash account and my margin account. And so my cash account is where I invest long-term and my margin account is where I do day trading and sometimes swing trading but mostly 98% is day trading. So choosing companies that I want to invest in long-terms I consider three main things. Number one is that, is that company solving a problem? Are they really providing a solution that's needed? So I'll use an example of a company like Tesla which we all know, when Tesla came into the scene they were solving a major problem. They were looking into the future and saying like, hey, what if fossil fuel ran out? What would happen to all the cars that we have today? Those cars would just sit there because we did run on fossil fuel. So they said that building cars that don't require fossil fuel so that's solving a major problem that could potentially happen. The other one was that the fossil fuel that we burned a lot of people complained about that it does relate to damage to the environment. So how can you solve that? Let's find cars or build cars that don't emit CO2 which will solve that environmental problem. So you see they were solving a major problem and another company to look at which again you guys know is Amazon. Amazon started selling US books. For those of you that I don't even know they've grown so big today that people don't even realize they started selling books. So imagine back in the days you go to college you buy a textbook for $150 and then when you're done with that class that book is useless. Amazon find a way to give you a little bit of money for that book. So if you bought a book for $150 they'd pay you 30 bucks and then turn it around and sell it for $60 or $70 to somebody that needs the book. So the person buying it at $70 or I'm paying, I'm getting a 50% off and the person that actually sold it's like hey I made some extra money with my US books which is good. Say it was a win-win. But now they've actually morphed into a lot of things. But that's how you find companies that are solving a problem. So you can look in different sectors. So you can look in technology, you can look in healthcare, look in the environment. I mean there's a lot of sectors that look in the financial sector. You can look at all these different sectors and find companies that are breaking ground, solving really tough problems that we have and we don't have solutions for. And that would be a great company to start really putting on your watch list. The next thing that I want you to consider choosing again companies for long term is are they scalable? Is there scalability in this company? So again I'll use the example of Tesla. When Tesla started they started building electric cars. But now they've scaled into building batteries, building solar panels that people can actually install in their house which is kind of cool. So there's an opportunity out there for them to scale and continue to grow the business. So from a long term perspective you started with a company that built cars now they're building solar panels and now they're building batteries. So what happens? They are increasing the market size and increasing profit and increasing your value in the company and that's how you make money long term. And last but not the least is proof of concept. So if you take a company that comes up and has these ideas and yep it's good they tell you're solving a problem which is cool they show it like hey we're gonna scale that's good but can you show me that this is doable? So if you can show a good proof of concept then that's how I would consider that this is a great company. And then one other thing that I want you to just do is first invest in things that you know and understand. Don't go, if you don't understand something please it might be a good investment it might turn out to be a good investment but you are just gambling you're not really investing because you know. So invest in things that you know. If you work in tech, if you have a company that you use their product every day let's say you use Oracle database on a daily basis you know that other companies are using it because you work in tech and you talk to other tech people then that would be a company that you want to start considering invest in because like hey people love this particular database they're using it all over the place so you know that's a company that people are using it usually I'm using a database because I work in tech. Or if you work in healthcare and you see there's a new company that comes up and is doing something that people enjoy you think that they're changing the way healthcare is gonna be in the future and you hear other people in that space talking about it do some research and that might be a company you can invest in. And in some cases it's just talking to people in your family ask them about what they do and what kind of the tools they use and what companies supply those tools and you can see it and then that's how you can go about researching and picking this company. So again guys there's a quick recap here so before you invest or how to choose companies to invest I want you the first thing is for you to just take a step back make sure this company that you're investing it is solving a particular problem. Number two is that is it scalable? And finally number three is that is there a proof of concept? Can you show that what you think about it really works? Can you take this to the market? So that would be the way I would approach it. So let me know in the comment section if you have some other ideas or other ways in which you go about picking the companies that you invest in. So question of the day, what are you considering before you invest in a company? Let me know in the comment section. Again, like I said guys, I do use Weibo for investing and right now Weibo is running a promotion where they give you two free stacks. The first one will be between $2,250 and then the second one from $12 to about $1,400. So I'm gonna put the link in the description. Definitely go check them out and see if Weibo is a platform for you. And as always guys, stay motivated.