IF YOU HAVE $1,000 - ONLY BUY THESE 5 STOCKS.

Added: 2026-06-02

[00:00:00]I wouldn't with a thousand dollars, I wouldn't buy more than five equities or five positions because it's too much work.

[00:00:06]Gain conviction in two companies at first. Like maybe it's Amazon because I think they're going to take advantage of the AI wave. You don't have to worry about selling it next week or day trading it or anything like that.

[00:00:19]>> Let's say I'm starting today with all this craziness. I've got a thousand dollars.

[00:00:24]I'm starting right now. I like what you guys are saying, but I'm also excited about AI. I like SpaceX. I like all of these things.

[00:00:31]Or I like the S&P 500, but it's a bit boring, but if that's what you're going to say, I'm just going to turn this podcast off right now. But if if I've got a thousand dollars, hypothetical Conrick me, uh where am I putting it?

[00:00:44]>> Well, I actually talked to a neighbor that had a similar situation where they're like, "Hey, I have some this crypto. Should I sell it?" It was like some um larger altcoins and he had some equities that he was talking about selling too.

[00:00:55]So, kind of a similar situation. Like maybe you have some money.

[00:00:58]Maybe you could sell some stuff that you don't really believe in. I'll assume in this scenario the person has a 401k or something set up through work. Like not someone that's just out of school or like getting um extra money in the summer, but they have something set up long-term. So, that way I don't have to say S&P 500. This is like play money. Maybe it's something that can grow extra. Like you still want to do well, but um it it's not anything that you have to touch uh for the next 5 10 years. I'd say research a lot for the first week and don't just jump into everything that's moving. Like spend a little bit of time.

[00:01:33]Like go on uh Seeking Alpha or Qualtrics or one of these websites and just research a lot of equities. Like watch YouTube for a while. Um because otherwise you're just going to start buying stuff and you're going to be like, "Oh, this seems interesting.

[00:01:48]This seems interesting. I need to put some money there. I need to buy this too." And then all of a sudden you have like 20 stocks.

[00:01:53]And you have to pay attention to 20 stocks.

[00:01:55]And you know, like a thousand dollars isn't nothing by any means. It's a lot of money, but like if if you spend 10 hours a week just keeping up with the 20 equities that you just bought, like, it doesn't really return that much for how much time you're spending. Um, so, like, first of all, just figure out what you actually want to invest in. I wouldn't With $1,000, I wouldn't buy more than five equities or five positions because it's too much work. Um, and then, like, if you want to invest more, like, like, let's say you get an extra $100 and then you get like split it up $5 at a time into all these different equities or something. So, gain conviction in two companies at first. Like, maybe it's Amazon because I think they're going to take advantage of the AI wave. You don't have to worry about selling it next week or day trading it or anything like that.

[00:02:40]Um, but they're going to, you know, they're going to increase profitability in the retail business through having robots in their factories. Even if they just increase that by, like, from, I don't know what their margin is now, 2% or 4% up to 8%.

[00:02:52]Like, that's a ton of money with how much revenue they're doing. They're also making chips. Their chip business is growing 100% a year and is about the size of AMD's chip business already and AMD's a trillion-dollar company as well.

[00:03:05]Um, also they have their AWS, which is re-accelerating growth. So, like, that's a good company. I don't think you have to really have to worry about the valuation on Amazon at any one time. You can just buy it. It's going to be It's always going to feel slightly expensive cuz it's always more expensive than the market.

[00:03:21]Find another company that you like.

[00:03:22]Maybe it's Nvidia. It hasn't moved up that much, but they're almost at 100% revenue growth. I don't know if you saw that, but they're um they're at 85% revenue growth over the last year and they're basically, based on their estimates moving forward, they might hit 100% revenue growth this year. So, maybe you invest in Nvidia because it hasn't moved up in a while and their business is still great.

[00:03:42]It's less cyclical than something like Micron. But then, just like, sit on the other $600. See how that first $400 feels when you invest it, um, knowing that you made the decisions, it's not in your 401k, it's not like someone told you to buy it, you made the decision.

[00:03:57]Sit on that for a couple days a week.

[00:04:00]It's going to feel like you have FOMO because you're going to see Micron go up and you're going to be like, I want to invest in that, but Sam told me that I shouldn't. But like, that's going to happen all the time, right? You're never going to invest I shouldn't say this.

[00:04:11]You're probably not going to find the next Micron because Micron and like SanDisk and some of these, like these four or five companies are doing better than the other 500 in the S&P 500. So like there's a 1% chance that you realistically pick these companies and sometimes they come from lower valuations. So like you're not going to you're always going to see stuff flying.

[00:04:29]So you have to realize that you're going to learn a lot about yourself.

[00:04:32]You're going to realize where your faults are, where you feel FOMO, where you like panic and sell.

[00:04:37]Um, and grow conviction in a couple other companies that are at decent valuations, that are growing, that you don't have to worry about day-to-day.

[00:04:45]And then put it in Yeah, I think five companies.

[00:04:49]Um, my largest top holdings, I guess. I want to hear your thoughts on this too, Connor.

[00:04:54]With the $1,000, but like my top five holdings, I probably had all of them for four or five years.