 5. What's up? Money Geeks with the V here. Welcome to another video, guys. So in today's video, we'll talk about 5 stocks that I'm actually adding to my position. So a lot of you guys have seen that, there's a bit of pullback in the market and people are starting to panic. But towards the end of the year, people actually start selling stocks even at a loss to upset some of the gains that they had throughout the year. So it's a tax strategy. So if you don't understand what's going on, definitely go read about it. But mostly, you would see people sell because they want to upset their gains. So that's what I would tell you guys, some of the stocks that I bought during this pullback. But before we get started, guys, we are new to the channel. We 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 your notification bell so you don't miss out on new content. So again, guys, during pullback like this in the market, when you see the market pulling back a little bit, some people panic and do two things. So some will panic and sell and then some will panic and do nothing, right? So if you are one of those people, you need to change that strategy because this is the only place where I have seen when things go on sale, people run away. That is the stock market. I've never seen this anywhere else. If you look at Black Friday, when everything is on sale, people stand in line. I mean, I live in the Midwest where sometimes we get temperatures that are like 20 below. People would bundle up and go stand in line to buy a 32-inch TV, a Samsung TV. But when they see the stock market is down 20, 30%, they run away, they sell and run away. And the mentality has never made any sense to me. So I want you to start thinking differently. When you see the prices of stocks dropping, that's when you start looking like, hey, where can I get in? Where is my entry point? Can I average down? You start buying gradually to take advantage because you don't know where the bottom is going to be. So you start buying slowly and walking your way down. So make it so that when the stock market is on sale for you, when you see a pullback, you get excited. You want to jump in and buy some stocks because as soon as that thing hits bottom, it's going to squeeze back up and you don't want to wait until it gets up there before you buy it. Because most people always make the mistake of like, oh, when the stock price pullback, they hold back and wait and watch. Now it starts to go up a little bit like whoa, and then jump in. You don't want to do that. You want to wait. When it pulls back, you buy the bottom. Again, you don't know what the bottom is. That's why they always tell you to dollar cost average your way down. So get in at the bottom there and so that when it rides back up, you go along for the right and you're sitting in the green, not buying at the top. It goes down. You sit in the red, crush your fingers. Again, this is not a strategy. Fingers crossing is not a strategy. So wait until it goes back up again before you start seeing some green. And when it gets to the top, your green is not even as good as the people that bought from the bottom. So that's the one thing I wanted to let you guys know. So you have to take advantage of this. There's a lot of stocks that had pulled back this week, but I'm actually adding some that I think they're going to squeeze back maybe just a $3, $4, $5 spread. That's good enough for me and I can make some money off of that and move on to the next one. So let's jump right in here. Take a look at these companies that I said I bought. So the first one on my list here is Fuel Cell, ticker symbol, F-C-E-L, right? And the stock today, the stock actually went down to as low as $10.30. So I got it somewhere around 10, 10, I got it around 10.40. Then it went down to 10.31. I didn't really wait for that day because I didn't know when it was going to turn around. So but at least this one, if you can get it under $10, that would be fantastic. But again, I try to average my weight down. So if it keeps dropping, then I keep adding to my position. So that's the first one here. Fuel Cell, second one on my list is Arriver. You guys know that I'm a big fan of this company. I mean, I've talked about this company here on the channel. I've actually interviewed the president. If you didn't watch the video, I have the video up on the channel which I'm going to hook up here so you can definitely go check them out. I just, I mean, I love the way the company approaches electric vehicles. Their designs are amazing and they're doing the whole, not just the holistic thing about car manufacturing, they're not just building the cars. They're also building technology and other things that would support other EV companies. So that's one of the things I like about them. So right now they're going through the process of being merged with CCIG merger and that's their spark that's taking them public. And so today, look at where the price came down. They drop all the way to about $26.75. So if you missed it, if you missed this bottom, look at it. Squeeze back up and finish the day at about $29. So that's a spread of about $3 or some change. So again, you have to be attentive and watch this. When you see the market start pulling red, you start looking at opportunities to set adding to your position to bring down your cost. If you're somebody that got in at a very high price, the next one is MP Materia. Again, this is another company that produces rare materials that are used for electric vehicles and a lot of other areas in manufacturing. So the stock price actually dropped to today. If you look at right here, opened up and pulled down to $29. And again guys, you have to time and catch these entries. And so this is an opportunity. If you look at this stock, this is December 22nd, the stock was trading at $38. So the fact that it's dropped down to $30, that's about an $8 drop. So an opportunity for you to start getting in. So I picked up some here. And then I think the fourth one here that I have is Fobu TV. This one is an interesting one to me. The stock is actually right now, if you look the last month, the stock is up 37%. But if you look the past week, the stock is down 33%. So what does that mean to me? I mean, the fact that the stock is down 33% the last week, there was an article that I saw that really knocked this company down, talked about how it was just, I don't know, maybe it was a short seller talking about how bad the company was, they can never compete with Netflix. But I think that this company has an opportunity. I mean, there's room for them in the space of live TV and sports and all these other stuff. So I think they still have potential. Are they going to be Netflix? No, they're never going to be Netflix. Are they going to be the top streaming company that would see? I don't think so. But is there a market for them? I think yes, there is a market. So in the meantime, I'll take advantage of the opportunity that they're giving me, make some money and hopefully move on or stay. We'll see. So right again, you see this one dropped and dropped down to that 30 something dollar price where you can you can get it. So I see today came down to about 36 and then before squeezing back up to 39. So if you keep you, if you pay attention, you could have bought it somewhere down here throughout the day. So that those are the opportunities that some of you guys probably miss. But if not, again, don't beat yourself up. These opportunities always come around and you have to pay attention to the news and make sure that you know what's going on to that when you see when these things happen, you don't sit back and not not not take advantage of them. And then the last one that actually added a little bit to my position is Hylian. So again, this is one company that I mean, a profile here on the channel before they actually went public, I told you guys that the one thing I like about this company is the fact that their whole concept business model is not to go design their own truck like Nicola and Tesla are trying to do. These guys are just basically like, hey, bring us a big semi truck. I will convert it to electric or convert it to an EV truck or hybrid. So that's how they do it. And I think it's a business model because there's thousands and thousands, if not millions of trucks out on the on the highway that are fossil fuel. And if these guys can convert all those into electric or hybrid and save the owners a ton of money before they start transitioning to a fully electric semi trucks, that would be awesome. So that's one that I want you guys to see. So the same thing here, just taking that beating today. Again, look at the thing opened up at about right here at about 1642, pulled down to 1616, 1603 and then finish a day at just about 16. So again, you try to catch these opportunities somewhere down here and pick up some shares and just keep adding to your position. And that's how you continue to lower your dollar cost average. And then so that when this thing squeezed back up, you are in a good position. So those are the five stocks that actually added a little bit to my position. And again, guys, it doesn't mean that you have to go out and buy one, two, three thousand shares. No, if you can pick up 10, 15 shares, every little share matters. So pick up as little as you can. You just add it to your position. Maybe we just buy one or two. The mistake that most people do is just sitting there and hoping like, oh, I wish I had $1,000. I wish I had $2,000. I wish I had $3,000. But you have $100, right? Pick up two, three, four or five shares and add them to your position and reduce your average cost down. And that's how you continue to build your position. And even if you didn't have a position in these companies, you start picking and pick one, two or three shares and just hang on to them as you get more money. And you see opportunities like this. You continue to add and build your position. You don't want to, you don't build a massive position overnight. You slowly and gradually build it. But the one thing you don't want to do is not be consistent. So stay consistent. Keep adding to your position once the opportunity arises. And that's how you're going to continue to grow your account. And before you know it, you're going to have a big account. You're going to be surprised that you have a big account. So again, guys, let me know in the comment section. Those five stacks, I added to my position. What did you add during this pullback? And I'm anticipating that the market is going to continue pulling back until the end of the year. And then we'll see what happens starting January. I think the first three weeks in January are going to be a little bit shaky. We don't know what's going to happen yet. But hopefully things are calm and the market can get back to normal. And if we get a new president, you start looking at his policies. You start looking at his tax debt. Those policies would impact a lot until you start making that decision to see where you want to start deploying your money. So that would be the strategy. And I'll talk about that here on the channel in-depth. Because I know a lot of you guys are buying some stacks. But I want you to start buying what I call long-term positions, like reputable companies. And I have a list of my tech stocks that I'm buying that are long-term. I mean, I'm talking about stocks that have a reputation that you cannot touch them at all. So I want you to have some of those, not just these new names and early players in the game. Yes, these ones are high risk, high reward, but also balance your portfolio by holding long-term, good, strong growth companies that you can count on. So when you see dips that you buy, I'm going to share some of the ones that I'm actually buying or adding my position on again with you guys in the coming weeks. 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 the notification bell so you don't miss out on new content. And guys, the best way that you can support my work here on the channel is just to give that thumbs up and hit that share button so that we can reach more people. And as always, guys, don't be a greedy savage and stay motivated.