Tag Archives: money

“Tech Wreck?” NOPE! Just Another Step In The Trek ;) … AND Cryptocurrency Craze!

I’d like to start off by saying that I apologize for the lack of content on this blog recently. I have so many ideas for posts but with all the individual businesses I run it’s hard to always find the time. I’ll try to do better in setting aside time, as I truly do enjoy sharing my thoughts with you all and I plan on this blog being a huge part of the rest of my life. We’re only getting started!

First off, as you may have heard, a week or two back there was a “Tech Wreck,” as CNBC liked to call it. Shares of technology stocks were plummeting, but if you checked the market now, you wouldn’t know it as they’ve mostly all came back. To me, it seemed like market manipulation at its finest. I was following the charts closely, and the way the trades were happening while the stocks were falling it simply looked like computer generated trading. Tech stocks have been on a tear this year and my best guess is that the algorithms of today’s trading softwares were rebalancing portfolios.

The valuations of many tech companies are high. There is no denying that fact. But many of these stocks have future growth potential that boggles the mind. I won’t get in to every single tech stock in this blog post, but take Amazon for example. Amazon continues to dominate, and expand to areas that nobody ever thought possible. Just a short week after this so-called “Tech Wreck” news broke that Amazon is buying Whole Foods in a $13.7 billion dollar all cash deal. This will give Amazon a huge physical retail footprint on the market. Once this news broke, retail stocks began taking a HUGE hit, and still are.

Amazon is killing it with its web services, they continue to work on likely future drone deliveries, and just imagine what we HAVEN’T heard rumors about as of yet? I see this buyout of Whole Foods as just the beginning. I can see them possibly purchasing more grocery store chains, or even a department store chain. I’ll go out on a limb here and say that I could see Amazon buying Kohl’s in the next few years. Perhaps instead they may even buy Sears?! Not only can Amazon expand its business in many different ways with the Whole Foods purchase, but they can also expand their warehouse and fulfillment capabilities. It’s truly a win-win for Amazon.

When this “Tech Wreck” hit, while many were talking about how Amazon’s days of grace were over, I immediately went on the offense and started to buy and was able to purchase more shares of Amazon and Facebook at a discount. I bought more Facebook at $149.60 per share (as of this writing back to $155.07) and more Amazon at $978.31 per share (as of this writing back to $1,003.74).

Unlike many, I DO NOT see a recession coming any time soon. Not in 2017, at least. 2018 in its entirety is too far out to predict right now, but I would say the chances are slim. Will there be pullbacks? Yes. A correction? Yes, likely several. But are we in for a huge recession filled with doom and gloom? Not yet. My best prediction is that the Dow will reach closer to 30,000 (up from its current 21,394.76) before we get closer to the next recession. As for the stocks I mentioned, Facebook and Amazon, my target price for Amazon is around $1,250 per share and my target price for Facebook is around $200 per share, all within the next 6 to 12 months. What am I saying here? BUY. BUY. BUY!

I’d also like to mention that when there is a recession, eventually, which there WILL be, I’ll be ready. You should also. You should make sure you are sitting at least a little cash aside every time you invest for when it does happen. A recession is the single greatest opportunity for anyone to grow their money and business, despite the initial loss which will likely occur if you are already in the market. Then again, it’s NOT a loss if you DON’T sell, which I won’t be doing. A recession is a HUGE buying opportunity.

Now, to my other current obsession, cryptocurrency. What is cryptocurrency you may ask? Well, thanks to Google, here goes: “a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.” When you read a lot about cryptocurrency you hear a lot about the underlying “blockchain technology.” What is that? Again, thanks to Google: “A blockchain facilitates secure online transactions. A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.”

I believe this technology is a huge part of the future. Right now the market for these cryptocurrencies is very volatile, but I’m slowly growing a small position which I plan to hold for the long-term. There are literally thousands of cryptocurrencies, but only a few main ones, which I consider to be Bitcoin, Ethereum, and Litecoin. I have bought all three at various prices, and do so using Coinbase. It’s one of the more reliable places to purchase cryptocurrency, although the site does sometimes have issues where it goes down temporarily. Hey, when you’re blazing trails sometimes there are issues. We’re really still just in the beginning stages of this. If you look at the rate of return that Bitcoin, Ethereum, and Litecoin have had in the last year, to me anyway, it’s well worth a small risk. Am I going to sell all my stocks and cash out my savings to “bet the farm” on cryptocurrency? No. Am I going to continue to grow a small position and take a chance on what I believe to be a huge part of the future? You bet your ass I am, and I think that you should too.

I’ll be writing more on tech and cryptocurrency in the near future, as well as sharing more shopping hauls, and information on other investments I have recently made. Plus you never know what else may give me the spark of motivation to begin blogging about. I’ve got a ton of ideas planned out as well. THANK YOU SO MUCH for reading and if you have any questions, comments, or anything else, PLEASE leave them below!

THANK YOU!

Brent Ott

 

 

New Free Money Alert: Earn Extra Cash on Stuff You Would Already Buy Anyway with eBay Bucks!

I’m always looking for new ways to maximize my purchases. In addition, eBay is somewhere that I often shop for both business and personal reasons. If you put these two together, using eBay’s program “eBay Bucks” makes perfect sense. It sorts of reminds me of eBates, which I absolutely love and have used for several years. You make purchases during a quarter of the year, and following that quarter you get paid, simply for doing what you already would have done anyway.

There are, however, a few differences. First off, with eBay Bucks you receive your payment in the form of credit on eBay, as opposed to eBates where you get either a PayPal payment or a paper check. Second, unlike eBates who offers various percentages for different stores on the platform, eBay Bucks has just one base percentage which you can earn, which is currently just 1%, but can and has changed in the past. Nonetheless 1% is 1% and I’ll take it!

eBay Bucks has been around a while, and I’ve heard of it in the past, but just this past week I finally got around to signing up (which is free) and made my first few purchases. It already shows my balance of earned eBay Bucks, which is awesome, and like any program gets you excited to continue earning.

After each quarter of the year ends (January through March, April through June, etc..) you are supposed to receive your payment within 3-15 days of the end of that quarter. One more difference between eBay Bucks and eBates which I have noticed is that you need to use your earned eBay Bucks within 30 days of receiving it. If you are like me and make a lot of business  (or any) purchases anyway, this won’t be much of a problem. If you don’t shop very often on eBay, it may be. Just something that you need to keep in mind.

I havn’t used eBay Bucks for very long as I stated, but they also apparently do special promotions every so often where you can earn extra eBay Bucks. I look forward to using these promotions when I see them pop up. You can earn up to $100 on any single eBay purchase, and up to $500 every quarter. So, if you spend more than $10,000 on an eBay order or more than $50,000 in a quarter, you’re out of luck. But why are you spending that much on eBay anyway? I want to know! 😉

If you would like more information on eBay Bucks you can find it here and if you would like to sign up you can do so here.  Since using it is new to me as well, if I learn anything interesting, have things I really start to like, things I don’t like, etc.., I’ll either update this blog or post a new one. Thanks so much for reading and if you have any questions or comments PLEASE leave them below, and I will respond!

Thanks again!

Brent Ott

 

What Stocks I Am Buying In 2017 So Far And Recommend (Shopify, Nvidia, UPS) and What I Am Increasing My Positions In…

It has been a few weeks since I’ve posted here, so I figured I’d take this opportunity to share the stocks I am buying so far in 2017. Stocks which I am buying both for the first time, and also increasing my positions in.

So far this year I’ve purchased shares of three new companies. These include Shopify (SHOP), Nvidia (NVDA), and UPS (UPS). First off I’d like to talk a little about Shopify, which is an ecommerce company based out of Canada. Shopify has been my biggest winner so far this year. I bought shares on January 20th at $50.09 per share, and currently as of this writing it sits at $61.52 per share. That is a roughly 23% gain as of this moment. Shopify has been growing quite steadily over the past year, and I see it continuing to grow. They have announced a working relationship with Amazon, and have had tremendous earnings. Even at the current price, I recommend it as a “buy,” but before I increase my position again I’ll likely wait for a slight pullback in the price.

As for Nvidia, which is a technology company based out of California, I purchased my shares on February 3rd at $114.38 per share, and it currently sits at $107.23 per share so it has lost roughly 6% as of now. Despite that, I highly recommend it a “buy.” Within the next several weeks I plan on increasing my position. Based off their technology regarding artificial intelligence, virtual reality, and autonomous cars alone the stock has a tremendous upside potential which should not be overlooked. The stock has exploded in the past few years and I see it continue doing so.

Finally I purchased my shares of UPS, the World’s largest package delivery company, on January 6th for $115.40 per share. It currently sits at $106.90 per share, so again it has dropped and as of right now lost roughly 7% per share. I see this pullback as another opportunity to buy more. With the continued growth of Amazon, Shopify, and ecommerce in general somebody has to deliver the packages, and UPS stands in the best position to capitalize on just that. Aside from the strong growth potential for both Nvidia and UPS despite being down, both are dividend stocks. UPS currently pays 3.11% and Nividia currently pays 0.52%.

I wrote a blog earlier this year about my opinions on Facebook & Amazon, which can be found here. I continue to stand strongly behind the future of both, and I have increased my positions on both stocks so far this year. I will continue to do so at various times throughout the coming weeks and months. If you enjoy these blogs where I share my buys, recommendations, etc.. please let me know in the comments below. If you have any other recommendations for content, leave those as well. I have been enjoying writing this blog in 2017, and have a lot of ideas to improve it. Thanks for reading, enjoy the rest of your day, and don’t forget, leave those comments! I will reply!

Thanks again!

Brent Ott

Don’t Forget About After-Christmas, After-Halloween, etc.. Clearance To Save Big!

When it comes time each year to buy the light-up pumpkin for Halloween or the new strand of snowflake lights for Christmas, it’s easy to notice how these purchases can add up quick. I’m the type of person that loves to look through the seasonal aisle with each passing season to see what’s new. I love decorating for the different holidays throughout the year.

Not only do I decorate for Halloween and Christmas, but I am known for putting up displays for Valentine’s Day, St. Patrick’s Day, Easter, and a few others. For the smaller holidays I don’t go all out like I do for Christmas, for example, but I at least like to decorate the area in my living room around my television, put up new themed hand towels in the kitchen and bathroom, etc…

To be able to keep adding new decorations to my stockpile, and not break the bank, I use a tried and true method; hitting up the after-holiday clearances! Beginning the day after any holiday and going through the first week or two afterwards, you can score some great deals on decorations. By far, my favorite place for holiday clearance is TargetBeginning the day after Halloween or Christmas, you can score 50%-off, within 3-5 days all the decor goes to 70%-off, and in another 3-5 days what remains goes to 90%-off! At 90%-off I like to really do some damage!

I like to buy the $4.96 plastic bins from Wal-Mart which I use to store my holiday decorations in throughout the year, until the season comes back again. I used to think that being another year away, buying clearance wasn’t that smart. As I grew older, I realized that years begin to feel like they go by much faster, so why not save as much as 90% on something you will be buying again anyway?

I usually hit up a store the day after Christmas, then again within the first week once or twice, and finally a few weeks after for last-minute deals. I wouldn’t mind waiting until everything was 90%-off, but a lot of the best things that I actually would want go quick, and 50%-off is still a great deal. For Christmas this past year by hitting various clearances I stocked up on enough wrapping paper, gift tags, bows, gift boxes, lights, and more to get me through the 2017 season without having to buy any. I’ll have more money for gifts instead! (or more money to put into savings!)

Target is by far my favorite, but some of my other favorite places to check out are Wal-Mart as I mentioned, local grocery stores, local drug stores, and pretty much anywhere I happen to go in the week or two following a holiday. A big secret? TJ Maxx! After Christmas TJ Maxx begins to blowout winter clothing, Christmas merchandise, and a lot of other things in between. Only twice a year do they do their “Yellow Tag Clearance” and the weeks following Christmas is when it first starts. They do it again mid-year, around July. The “Yellow Tag Clearance” is literally a gold mine. If you’ve read most of my blog up until now, you may know that I am big into reselling. At this clearance you can find a TON of great stuff to resell such as clothing, accessories, toys, games, you name it. Sam’s Club is another place to score some great clearance. Pretty much anywhere you can think of, after Christmas, is well worth checking out to see what they may have available.

Do you do any after Christmas clearance shopping? Any certain places you like to go? Have a favorite deal that you’ve scored? I’d love to hear about it! Leave me some comments below and I will respond! THANKS for reading and enjoy your day!

Thanks again!

Brent Ott

Reselling: Always Was, Still Is, and Forever Will Be My Anchor

In my younger days I spent my time working “for the man.” You name it, I’ve probably done it. I’ve been a Cashier & Stocker at a grocery store, a dishwasher at restaurants, I’ve cleaned dorm bathrooms. I’ve Managed a Papa John’s and an Arby’s. I worked at a McDonald’s… well, for a day or two anyway. I’ve cleaned big box store floors, done food prep, as I said, you name it, I’ve probably done it.

Everything I mentioned, I hated in some way, shape, or form. I always dreamed of running my own business. When I was little I used to have my own office set up, and spend my allowance on office supplies just so I could pretend I was “the boss.” I briefly started a house cleaning business, just to get my feet wet, but that just wasn’t me. It wasn’t until around 2010 when I finally found what would eventually become my anchor in the business world: reselling.

There is nothing like the feeling of searching thrift stores, yard sales, flea markets, church sales, and anywhere and everywhere else for that thing that you know is underpriced, that you can easily sell for double, triple, even 100 times or more as much as they are asking. It’s a rush like nothing else. I first got the idea that I could actually make a business out of reselling by watching History Channel’s “American Pickers.” From the very beginning that show just spoke to me.

My reselling journey has taken a lot of twists and turns over the years, as you always need to be willing to do in any business. I’ve gone from mainly selling vintage advertising and collectibles, to now selling mainly clothing with a little bit of vintage toys, vintage household goods, and everything else in between.

To show you the potential that reselling has to offer, I wanted to share a few of my favorite scores from my journey, and I’m sure I’ll be sharing more in the future. The first is from nearly 5 years ago, and was from when I was big into selling vintage advertising. I picked up this Muscadine Punch sign at an antique shop, I believe in West Virginia. I was on a little road trip with my girlfriend at the time. It was priced around $120, but being the type always willing to haggle to get the best deal, I talked the guy down to $80. Once I got back home I listed it on eBay, and sold it within a week or so for $400!

It’s not the only sign I’ve sold for a similar profit margin to that, either. There are countless others. It is, however, one of my most memorable and one that my girlfriend and I talk about to this day.

For a more recent score/flip I want to show you a Polo Ralph Lauren Purple Label shirt which was new-with-tags that I sold on eBay already in 2017. I picked it up at a Goodwill at the end of last year. It was in the long sleeve section, which usually costs $5.50 a piece. However, I was using a 50% off card that particular day so I ended up getting it for $2.75Certain Goodwill stores price things of one type all the same, others have individual pricing, some have a mix of both. As for the shirt, after sitting listed on eBay for a month or two, it ended up selling via a Best Offer for $149. 

These two examples are what we like to call “homeruns” in the reselling business. They don’t happen every day, but when they do, you enjoy them. Reselling is really all about the little “bread and butter” flips that add up. $5 to $15, $2 to $10, $10 to $30. These little flips over and over on a consistent basis are what keeps a reselling business going and growing.

For the past 6 or 7 years now I have made a full-time income with reselling, and I’ve slowly added other streams of revenue into my business, with some plans of other additions on the horizon. I’m the type that always likes to have my plate full, and am always full of dreams and goals. No matter where I end up and where my passion for business takes me, one thing is for sure, and that is that reselling will always play some sort of a part. I have truly never been as passionate about anything else I have ever done in my life as I am about reselling. I am very grateful for the opportunity to do what I do every single day.

I’d never recommend that anyone just up and quit their job, especially if they have a family to support and bills to pay. I would, however, recommend that anyone who is looking for an extra source of income that could, over time, grow into a main stream of income, try reselling. A good way to start is just by looking around your home. Everyone has got a pile of something somewhere in their home which they aren’t using and/or don’t want. Start by trying to sell some of those things, and just see where it takes you. Years ago eBay was the only place to sell, but now, so much has changed. There is a vast variety of marketplaces to try online, and many avenues in “real life” such as antique malls, flea markets, and your own personal yard sale. Plenty of opportunity to get your feet wet.

I love reselling and I always will. If you’ve ever wondered about it, there really is only one way to find out and that is to give it a shot. Trust me, everything has a market. One man’s junk really is another man’s treasure. Many things in life are underpriced with profit potential. Hopefully I was able to get your mind working on a different level. THANK YOU for reading and I’ll be sure to share some more reselling content here in the future. If you have any questions or comments PLEASE feel free to leave them below and I will respond!

THANKS AGAIN!

Brent Ott

Save Money with Grocery Store & Gas Station FREEBIES & Reward Programs

My girlfriend and I have always been a big fan of both grocery store & gas station reward programs, in addition to others at restaurants, coffee shops, etc… We always will be regardless of how much money we may have saved, and you should be as well! Let’s face it, every penny and dollar saved really does add up.

I figured that I would share a recent haul with you, and I plan on doing more similar things in the future. Everything you see pictured comes from two of our favorite places for reward programs, Giant Food Stores & Sheetz Gas StationEverything cost only $6.01, including the lottery ticket which we had a “free ticket” winning ticket which we cashed in for! (Off of this one we won another free ticket!)

I really enjoy Giant first off because they have an online & app coupon program, in which you can load offers directly to your store reward card. They often send complete freebies which you can load. Usually there are certain dates which you need to load the offer by, and redeem the offer by, but it is well worth the effort especially for something completely free! Like most grocery store reward cards they also offer points you receive for certain dollar amounts spent, which you can redeem for gas rewards and other offers especially around the Holiday Season. We take advantage of several of these local programs.

Sheetz is similar, although different, and very unique for a gas station. First off, every so often they instantly load a complete freebie to your reward card, which usually you receive an email for in advance. They also offer earned freebies for every so many purchases of a particular item you make. One example is for every 10 coffees purchased you get one free. They have similar offers for salads, subs, and a variety of other items. Sheetz is unlike many other gas stations as they have a built-in Made-to-Order food section/restaurant in some locations.

This haul came the other night after I picked my girlfriend up and we were headed home. We decided to swing by both Giant & Sheetz quick, and spent maybe 45 minutes total in both locations before heading home. Here’s how the $6.01 haul broke down…….

  • Hershey’s Pudding: Regular priced $2.50 at Giant with $0.75 actual coupon and a $0.75 coupon loaded onto our card = $1
  • Campbell’s Yes! Soup: FREE with loading onto our Giant card!
  • Silk Cashew Milk: FREE with loading onto our Giant card!
  • Nature Valley Almond Butter Bisquits: Regular priced $2.50 ON SALE at Giant with $1 coupon loaded onto our card = $1.50
  • To-Go General Tso’s Chicken:  $3.51 not on sale, my girlfriend just wanted it! Happy girlfriend/wife, happy life!
  • Lottery Ticket: FREE with cashed in winning ticket. We don’t often play lottery, and I wouldn’t recommend doing so, but sometimes we give it a go anyway! You gotta live!
  • 16 oz. Coca-Cola: FREE with freebie loaded onto our Sheetz card!

As you see, total cost paid = $6.01!

Most of the time we just pick up freebies when we already were going grocery shopping, getting gas, or heading to whatever store the discount is for, but in this case the free soup was expiring that night so we made an exception. We religiously only try and do one shopping trip per week, at least for groceries. With running our individual businesses, a lot of the time we have several trips per week to make for various things.

Bottom line, don’t forget about using your local grocery store and other reward programs! Get the card, learn the rules, and don’t forget that in most cases you can stack actual physical coupons on top of the loaded ones for even greater savings! THANK YOU for reading, and if you have any questions, comments, suggestions, ANYTHING.. LEAVE THEM BELOW!

Thanks again!

Brent Ott

A long time favorite for FREE MONEY. Yes, FREE $$$$ … eBates!

This site I am about to share with you is an “oldie but a goodie,” eBates! eBates is a simple website that you go to before you plan on making a purchase in a variety of places on the Internet. By a variety, I mean pretty much anywhere! You simply go to eBates, click the link to the website you are about to shop from, the site loads, then you do your shopping as you already planned on. That’s it!

After a few days, or sometimes even instantly, you receive your percentage of cash back from the purchase. Sometimes it’s only 1%, sometimes 2%, and sometimes MUCH more. I often receive 18% from GoDaddy, for example. During the Holiday Season and several times throughout the year eBates offers special “Double Cash Back” and greater deals. If you sign up for the email list when you create your account you will receive updates on special promotions they are running.

Your eBates account balance grows, and four times per year (quarterly) you get paid. You can choose to receive a paper check in the mail, or have your payment deposited into your PayPal balance. This all may sound too good to be true, and I believe it does as well, but let me tell you this…. it isn’t! I’ve done it for years now and can’t imagine not doing it again!

To make things even simpler there is a Google Chrome Extension which you can add to your browser that will enable a little notification to pop up each time you visit a website that offers eBates Cash Back. This makes it easy to earn FREE MONEY those times when you make a random purchase and forget to look at eBates first. I’ve had several times where the notification popped up and I had no idea the website I was about to buy from was included. Sometimes I have made purchases from a site simply because there was cash back. NEVER something I hadn’t already planned on buying anyway. I’m not an idiot, and you reading this blog probably aren’t either!

Besides using GoDaddy often (being an Internet Entrepreneur), a big tip, especially for those who travel often, is to use eBates to book travel through Hotels.com. If you book your stay and use Hotels.com through eBates you can either pay upfront and get your cash back, or, as I often do, book the stay and choose the pay-at-hotel option. After your stay concludes, eBates eventually gets notified and you will STILL receive your cash back! Sometimes this takes longer than other times, but hey, it’s still FREE MONEY!

If you sign up for eBates using my unique referral link there is yet another perk; $10 to start absolutely FREE! You’re probably beginning to think this is an amazing deal, and yep… you’re right! To begin using eBates follow this link: https://www.ebates.com/r/BRENT522?eeid=28187

THANK YOU for reading and if you have any questions or comments leave them below!

Enjoy your day!

Brent Ott

My favorite site of 2016 and most recommended for 2017: Stockpile

Here at NinjaGhostInvestments.com I plan on sharing a lot of different websites, apps, programs, and more which I use in my daily life including my businesses. Some that I use daily, some that I am just trying, and those that I both enjoy and can’t stand. I want to share a wide variety of things with you.

Last year while searching for a new trading platform with low commission fees I came across Stockpile, and instantly fell in love. They sell individual gift cards for stock in-store, but beyond that they have a dedicated website which you can use to purchase stock much like TD Ameritrade or anywhere else. However, much UNLIKE the other guys all trades, to buy and sell, only cost 99 cents. You heard me right… 99 cents!

Really, the only drawback to me is that regardless of when you place the trade, they execute after the market closes that particular day. The cutoff time to purchase shares for the day is 3 PM ET. Besides that, most of the same features you likely love with other brokerages are there. You receive dividends (if the stocks you purchase offer them), stock prices update often while the market is open, you can enroll in a DRIP, you name it.

Here is the big kicker… you can actually purchase fractional shares! For example, if you wanted to buy Amazon stock, and didn’t have the current near $800-per share to invest, no worries. You can purchase any amount. $25 worth? $50 worth? $126.72 worth?! No problem! This is a great way for both beginner and more experienced investors to get a piece of any company they desire, while not breaking the bank. Stocks that traditionally you may not be able to afford, you now can, and over time you can stockpile quite a bit of it if you keep purchasing.

I am a proud Android user (sorry Apple peeps) and also have nothing but the best of things to say about the available Stockpile app. If you ARE an Apple person, no worries, there’s also an IOS app. Features include your updated portfolio, charts/history of the stocks you own, news tidbits, and much more.

I highly recommend you all giving Stockpile a try if you are interested in trying a new brokerage to invest with. Here’s another great thing… you can open your account with no minimum balance!

Right now they are also offering a great deal for new accounts, through my unique referral link. If you open an account now, you will receive $5 of free stock with your first $10 purchase. Just $10! You honestly can’t beat that, and I assure you, once you try it, you’ll likely love it. Really, what do you have to lose? 99 cents!? You can’t buy a (decent) coffee for that! To get started right now follow this link: http://mbsy.co/gtmd6

This year I plan on trying some new similar brokerages and apps, and I’ll be sharing my experiences with those as well. I already use a few other newer companies, including one amazing financial firm I also swear by, which I’ll be sharing soon. Until next time, thank you for reading, if you have any questions or comments leave a message below, and enjoy the rest of your day!

Thanks,

Brent Ott