Transcription
Happy New Year, folks! Happy New Year!
This is the first video I've recorded here in the new year. I just got done with my unplugged vacation—my third annual unplugged vacation—which was absolutely phenomenal. If you guys don't take one of those each year, I highly suggest it. I've been doing it for three years now, usually at the very end of the year, and I'm usually ready to get my batteries recharged at that time.
So, I did that, and now I'm back and happy to be with you guys. I hope you're happy to see me once again. I appreciate you all for being here each and every year, including this new year.
Now, while I was gone, a lot of funny stuff was going on out there. I kept an eye out; I always keep an eye out, even when I'm on vacation, about what's going on in the market. I saw interesting stuff, like what happened with Tesla stock. In the last few trading days before the end of the year and into that first trading day of 2025, the stock went down over 177%. Absolutely unbelievable, right? Then, all of a sudden, magically on Friday, it comes back 8% plus. I'm like, "Oh yeah, I see what they're up to here in regards to good old Tesla."
Now, while I was on vacation, I sold out of a position completely—100% out of this position—and I'm going to share that in this video today: what position that is and why I decided to get out of it completely.
I also bought several stocks while I was on vacation, and I'm going to show you exactly what stocks I bought and why I bought those stocks. Additionally, in this video, I wanted to cover, since it's been a long time since I recorded a video for you guys, Tesla—what's going on with Tesla stock, where I see things going from here—Palantir, and we're going to talk about SoFi. All three of those stocks will be addressed in this video as well. I'm going to share my opinion and perspectives on where those stocks are headed moving forward in 2025.
I appreciate you all for being here, as always. As the sign says in my garage, all I need from you guys is one thing—one thing only—it's this year and every year, baby: smash that thumbs up button! I appreciate everybody for being here. Also, it releases stress. There have been studies done that show something like stress is relieved when you smash that thumbs up button, so I appreciate you all for being here.
Also, thank you to everybody who subscribed to the channel in 2025. If you're looking to take your investing game up to a much higher level than where you're at, you want access to all my premium courses, and you want access to my private Discord community, we can do that for you. The pinned comment down there will allow you to fill out an application to see if you can join us. Additionally, you'll get your steel membership cards in the mail—the 2025 editions. This is a 2024 edition of the 1,000x card, but you'll receive that baby, and you'll also receive your private stock group steel membership card as well, which will be the 2025 edition.
So, once again, that will be in the pinned comment down there.
Alrighty, guys, so what did I sell out of? Why did I do it? Then we'll talk about the stocks I'm buying, and we'll discuss Tesla, Palantir, and SoFi.
Here's where the story starts: the story starts with a company named Toll Brothers. Toll Brothers is a company that is more of a luxury home builder, usually with price points around $1 million plus for their homes. The best thing ever could have happened to this company, right? You had a big wealth effect in the economy with very low inventory in real estate. Then you had mortgage rates go up, which locked a lot of people in at very low interest rates.
You had this couple of years phenomenon where, for somebody like Toll Brothers, a big home builder could basically give interest rates that were like teaser rates, significantly undercutting the average mortgage out there. What's happened with Toll Brothers' earnings per share is it's gone to the moon—literally! This is not normal, just so you guys are aware. This is not normal for a home builder to have their earnings per share go up like this.
Now, this isn't just a Toll Brothers phenomenon. If you look at pretty much all the public home builders and their earnings per share over the last few years, they've literally gone to the moon. It's ridiculous! I mean, look at this: Toll Brothers went from a company that was kind of a $3 to $4 EPS to $15 here recently. That's unbelievable!
Now, there have been a lot of changes happening very recently in the higher-end real estate market. Remember, for somebody like Toll Brothers, they're selling homes for a million dollars plus. If you look at my city, Vegas, I just sorted here on Zillow for million-dollar-plus homes and found there were over 900 results. Inventory has been climbing significantly, specifically in this bracket. If you go down to like the under $500K homes, inventory is still a little tight in that bracket, but when we're talking a million dollars plus, I can tell you inventory has loosened up extensively, specifically in the last 3 to 6 months.
Let's look at this little area I have zoned in here in my city: 109 results for million-dollar-plus homes. It's unbelievable! I'm seeing some people getting kind of desperate with some of these high-ticket homes. This is Floyd Mayweather's old home right here—the one that he used to feature on all the boxing shows back in the day when they'd be documenting his life getting ready for a fight. This was his famous home, and he listed it for sale and just cut the price by $3 million—not a small cut—and he still can't move that house!
It's a beautiful home, very well done, but he can't move it. It's a monster! This is what's going on, and I'm seeing more and more price cuts. The people that aren't doing the price cuts are just collecting dust; they're not moving these homes at this point in time.
Additionally, what we have seen here is since late September, where mortgage rates bottomed around 6%, we've seen a continuous move up in mortgage rates overall. It's fascinating because this is completely the opposite of what everybody thought was going to happen. What everybody thought was going to happen was the Federal Reserve was going to start cutting interest rates, which meant mortgage rates were going to plummet.
So, people thought that mortgage rates were going to go from 6% into the fives at this point in time. Generally speaking, if the Federal Reserve is in a cutting cycle, mortgage rates will drop over time. If the Fed is in a hiking cycle, you'll see mortgage rates go up. But it doesn't work like that instantly; sometimes there's a six or twelve-month lag between the Federal Reserve cutting rates. Just because the Fed cuts the interest rate when it comes to the Fed funds rate does not mean magically mortgage rates go down.
Mortgage rates are affected by things outside of that. If suddenly, let's say, treasury yields are jumping because they believe inflation's coming back, the Fed's going to have to go higher, and all those sorts of things, then that can actually mean mortgage rates are going to go higher and higher.
So, this is just a little food for thought in regards to this, and this is what's happened. Ultimately, none of this bodes well for somebody like Toll Brothers. If you're talking about mortgage rates going higher when people thought they were going lower, if you're talking about really this main culprit, though, what I'm seeing is inventory starting to pile up in a lot of markets. I don't think that bodes very well for Toll Brothers.
So, I started a position basically betting against Toll Brothers stock as a hedge for my portfolio. I thought, "Well, if things go south here, at least my portfolio's got a hedge." Across my portfolios, I hedged with a Toll Brothers put. This specific one in the public account made me over 100%. I had bought this on October 18th—less than three months ago—so I made over a 100% gain in less than three months on these Toll Brothers puts. I sold it out completely.
Additionally, I had bought quite a few put options in my public account regarding Toll Brothers as well. These were 170 puts, playing on the safer side, but I made over 70% on these. Look at this: one was opened on November 12th, and another on December 9th. I made a lot of money in a very short amount of time on these puts, and I have now completely 100% sold out of all my put options on Toll Brothers.
Now, at this point in time, I have no put options on Toll Brothers anymore. The reason it's gone so well is because Toll Brothers' stock plummeted. I mean, look at this! I was watching some CNBC one day, and I saw they brought this graphic up: Toll Brothers literally the worst stock of the home builders, down 23% month to date. Just an incredible move!
Now, do I believe there's more juice to be squeezed in regards to Toll Brothers put options? Here's my opinion: I think there's a chance to squeeze some more juice here. It is possible that Toll Brothers goes down to $80 or below $100. Right now, it's in the 120s. So, it's possible it goes under $100 or maybe even goes to the $80 range.
With that being said, I don't want to push my bets in regards to that. I'll put it to you guys like this: be greedy with your long positions. When you own great companies, you can afford to be greedy with them. You can afford to have them go up hundreds of percent over time and not worry about selling.
When it comes to hedges, when it comes to bets against stocks or indexes, you don't get greedy. If you make a ton of money in a very short amount of time when it comes to hedges, you take your profit and you say, "Peace out! I'm out of here!" That's me in regards to Toll.
So, although there's a chance we can call it, if I had to put odds on it—I live in Vegas; they put odds on everything—I'd say there's probably about a 50/50 chance Toll goes under $100 in the next six months. I would say there's probably a 20% chance that it goes under $80 in the next six months.
With that being said, I don't want to take that risk because let's say I'm wrong and Toll starts to drift back higher. It goes to 130, 140, 150. People say, "Yeah, maybe inventory is going up, but Toll Brothers will be fine. They'll still put up great numbers. They're going to buy back a ton of shares; they're going to up their dividend," blah, blah, blah. All my profits are going to evaporate in that situation, right? It's all going to go bye-bye very quickly.
So, I look at it and say, "I got a chance to make a huge profit here, a massive percentage. Peace out! I'm out!" If Toll Brothers continues to go down and it goes to 90 bucks, and I'm like, "Dang, I left some on the table," fine with me! That's just part of the game. You know what we call that? We call it the cost of doing business. It's the cost of doing business.
You're never going to time these things out perfectly, but if you get a chance to make a fortune in a very short amount of time, you got to take that opportunity when it comes to your hedges. Be greedy with your long positions.
Now, additionally, I have been receiving some dividend money. Nike just paid me $495 in the public account, and Meta just paid me out $850 in the public account. This is another reason you can be greedy with your long positions. Over the years, those stocks should appreciate, but additionally, when you own great companies that also pay dividends, they pay those dividends.
I'm going to have another $500-plus coming in from Nike stock three months from now. I'm going to have another $850-plus coming in from Meta another three months from now. Nike and Meta are probably going to up those dividends more and more. The great thing is I get that money every three months, and then I can reinvest that money.
I think Meta next year is probably going to pay me out $11,000-plus because I think they're going to go up in their dividend. In my opinion, they're probably going to start paying me out $1,000-plus every three months just for Meta, which means I'll probably be collecting four, five, maybe even $6,000 a year just in the public account alone from the dividends Meta paid me out. You can afford to be a little greedy when it comes to your long positions.
Now, what stocks did I go ahead and buy? Then we'll talk more in-depth about Tesla, Palantir, and SoFi.
Here are some buys I did in the public account with that Toll Brothers money, which was quite a bit of money, along with the dividend money. I bought 75 shares of Nike—a pretty good-sized buy there—about $5,500 worth of Nike stock. I bought 100 shares of AMD. I'm buying AMD rapidly right now. If you see the way I'm adding AMD, I'm not messing around here.
I think I'm working with a small amount of time in regards to adding AMD, and that's why I'm adding this one so aggressively. I hope I'm wrong on that; I hope I have another 6, 9, 12 months to add AMD for $120 a share or below, but I don't think that's realistic. I think I'm working on a time constraint here, and I need to add AMD aggressively.
So, that's why you see me doing these big buys after big buys in AMD here recently. I bought another $122,000 of AMD at $120. I paid for those shares. Additionally, I bought some Celsius shares—a small buy there—about 50 Celsius shares. I also bought some Monster, which is just a hedge against Celsius essentially, and that one was about $52.
So, you can clearly see AMD and Nike are my highest conviction risk-rewards I find in the market right now. Nike's risk-reward right now in the low 70s and AMD around 120 is just phenomenal for the long term. What those stock prices are three weeks from now, I can't tell you, but I feel like three years from now, Nike stock is probably $150-plus, and I feel like AMD stock is probably $300-plus based on where I see those companies' revenues and net incomes going over the next few years and the realistic PE ratio I see those companies commanding.
What are the chances, you know, it's three years from now and Nike stock is $37, $38? What are the chances AMD is $60 three years from now? Extremely low in my opinion, and that's why I'm willing to buy those stocks very aggressively right now because I have a lot of conviction in those particular stocks.
It shouldn't come as a surprise if you watch my channel. I released this video I recorded before I went on vacation: "Seven Stocks to Buy Now—January Edition." Guess what? Two of the seven stocks featured were AMD and Nike. I did this video a couple of weeks ago. Nike stock is easy money. I very rarely ever call a stock easy money—it's insanely rare for me to ever call a stock easy money—and I did it with Nike.
I also released this video three weeks ago called "Buy AMD Stock and Don't Stop Buying," a 32-minute video that went in-depth on AMD. So, if you follow the channel, you know extensively that it's not going to come as a surprise that I'm adding those two stocks aggressively right now.
We'll see where it plays out, but I think, you know, if we fast forward a few years into the future, I think I'll be a very happy camper that I was buying AMD stock so aggressively in early 2025. We'll see, but I think things will look pretty good there.
Now, we got to talk Tesla, Palantir, and SoFi. My THX mug here! Let's talk about these stocks. These are obviously all big positions for me in the public account. Tesla is a pretty big position for me, and we're now up 129%. Palantir is a pretty big position, up 963%, and SoFi is a pretty big position, up 190% in regards to that.
So, let's tackle Tesla first, and then we'll get to Palantir and then we'll get to SoFi.
Here's the deal with Tesla: I got to be honest with you guys. There was a lot of negative publicity that came out toward the end of the year and in the beginning of this year so far. Some of it's fair, some of it's not fair. It depends, as many things do, with Tesla.
But this is troubling, and I got to be honest with you guys because we're seeing this lead by BYD. Now, keep in mind this does include, just to be clear, electric and plug-in hybrid sales. But at the end of the day, I don't like the trend I'm seeing here. BYD continues to run further and further ahead of Tesla.
This is unit sales we're looking at, and Tesla obviously has been stagnating for many, many quarters now. It's not like this is a new stagnation; we've really been kind of stagnating for like two years as far as quarterly sales go, which is not ideal. Meanwhile, BYD continues to just put up numbers.
It's fascinating because you go back a few years ago, and Tesla had a massive lead over BYD, and BYD just continues to put it up, including this latest quarter. I mean, you know, explosive to the upside—no pun intended from the next article we're going to get into here—but I don't like that. I don't think that's a good look for Tesla. It does worry me as a Tesla investor.
We've got to get things back together in 2025, man, because if we don't do it this year, when are we going to do it? We got to do better!
Now, also, this brought some other negative publicity to Tesla, and I see this becoming more of a negative publicity situation here. Obviously, I'm sure you guys saw the situation that happened with the Cybertruck and the guy, you know, and that whole situation, right?
But what happened after that was pretty fascinating because now people are talking about, "Oh, your car is spying on you." The reason being is, you know, Elon Musk basically and Tesla released all this information about where the car had gone and did this and did that.
You see things like this: a quote I have to thank Elon Musk specifically said Las Vegas Metro Police Department Sheriff Kevin McMahill to reporters. He gave us quite a bit of additional information.
Now, for some people that don't really care that much about privacy, they'll have no issue with this. They'll be like, "Sweet! Good! Give all the information about that." But for the people that don't trust the government, they're going to have a lot of problems with this.
With these sorts of cars spying more and more, it's another one of those things that if you are of the realm of thought that, like, you know, you got to understand the way driving has always been seen in the United States of America—it's seen as freedom. One of the best feelings, you know, as a kid is when you get that driver's license, right? That sense of freedom of, "I can drive anywhere, and this is awesome!"
When you're talking about your cars having all your data, they know exactly where you're going, and then they could release that data to the government, not everybody—like I said, some people don't care about that. They're like, "Whatever! Release my data to the government! Show the whatever!" Some people don't like that.
They like more the old-school feeling of cars, where you could just drive and not have everybody keep track of you, right? Because you kind of go down a slippery slope. Some people could look at this and say, "Well, it's a bad guy; they shared information like this. That's good!"
But then you could take it a step further and say, "Okay, why not put cameras on all the roads? Every time you run a red light, you're going to get a ticket for that. Every time you speed over 5 mph over the speed limit, you're going to get a ticket for that."
You start going down the slippery slope, and the next thing you know, you're in China. So, that's why it's important, and I need to explain that to kind of both sides because sometimes people that don't care about privacy and the government being in people's stuff don't quite get it.
So, I want to explain from the other frame of thought because you start going down more and more of a slippery slope, where the next thing you know, there's this situation. Some people may not have a problem with this, like, "Okay, somebody runs a red light or something like that. They should get a ticket for that."
Some people feel like that; other people are like, "What? This is crazy! I'm going to get a $300 ticket because I went 8 mph over the speed limit? What?!"
So, you go down a slippery slope. This is going to be a bigger subject that's going to get talked about a lot, and it could bring, I think, some negative publicity to Tesla because this is going to be bigger than Tesla. At the end of the day, all these new-school type vehicles are going to start tracking every place you go, all your data, right? It's all going to start being collected, and then people are going to have questions about whether that data ends up getting fed to the government.
Just a little food for thought in regards to that.
Now, a bigger issue for Tesla, though, is obviously the valuation. I mean, you know, the P/E ratios are ridiculous right now. We know that the forward P/E, the two-year forward P/E, the trailing P/E—it doesn't matter which way you look at it; it's all sky-high, right?
The main issue is with these high P/Es is the revenue growth has been awful—trailing 12-month revenue growth of 1%. Now, the good news for Tesla is this is what's expected to happen. Looking at analyst expectations, the revenue trends for Tesla are supposed to trough, and things are supposed to get better and better throughout 2025 and 2026.
If that happens, you know, I think Tesla's still a hard stock to bet against. I have bet successfully against Tesla stock in the past as a Tesla long and made some pretty good money there. There are certain opportunities that I sometimes see in regards to Tesla that make sense, but you usually need it to be in a time period where it's not just high valuation. You need a time period specifically where revenue is downtrending or the business is downtrending.
The issue with betting against Tesla right now is all you really have is some negative stuff around it, but there's always negative stuff around Tesla, right? You have valuation, but if the business trends up, if deliveries trend up in 2025, and there's more confidence they'll continue to trend up in 2026, if you see revenues getting back to double-digit growth in 2025, if you see earnings per share growth even faster than that, it gets to be really tough to bet against Tesla stock.
That doesn't mean you have to bet on Tesla stock and go long; it just becomes a more and more difficult bet against Tesla stock.
Now, if you guys don't know, I own two Teslas. I own a Model S Plaid, and I own a Model X. My first Tesla ever was back in, like, 2019—a Model 3. Still love that Model 3 Performance Edition, by the way. It was a great car! I own these two cars, and I've tested the full self-driving on them many times, right, and seen the improvements over time. They have made phenomenal strides.
With that being said, I was in San Francisco for New Year's, and I took probably at least five, if not ten, Waymo rides while in San Francisco. Now, what I can tell you as somebody that experienced that several times and as someone who's experienced Tesla full self-driving whenever I want, I can tell you I felt more comfortable in the Waymo. I felt like the Waymo did a better job of driving around San Francisco.
Now, some other place, I don't know; I can't comment on that. I've only tested Waymo in San Francisco, but I can tell you if I had taken my Teslas to drive me around San Francisco or the Waymo, I felt safer in the Waymo—no doubt about it! I felt the Waymo just did a better job overall.
So, something to kind of keep in mind there.
Now, in regards to Tesla, I got to be honest: I really don't like the setup in the stock for the next three to four years. Not to say there can't be some money made there, but I just don't love the setup. That's why I've taken my insane profits. I sold the far, far, far majority of my Tesla shares. I only hold 1,000 shares in the public account now, and the reason being is I don't love the setup for the next few years.
We're going to get, hopefully, back to nice growth here, but I'm worried about how much market share we're really losing. If you look at what's going on in China, it's not good. If you look at the market share trends, we're losing lots of market share—those are just facts. We don't have the next new model in the market, and I don't know when that model hits that's really going to get us back to much bigger market share.
Additionally, there have been a lot of faith put in full self-driving and Robo-taxi, which is a big opportunity. But I have to warn people: the issue we're going to run into here is I was looking at pricing a Waymo versus, you know, which Waymo is owned by Google—one of the most profitable companies in the world.
If there's somebody that could really afford to cut prices significantly and be willing to lose a fortune, it's certainly Google, right? From my understanding, they've always lost a fortune on Waymo. But when we looked at pricing, and I'm going to do a very extensive deep dive in my private stock group on the subject actually tomorrow, I released a whole video because I screenshot it—Waymo versus Uber—all these different rides throughout our trip.
What I noticed was, if I put an umbrella on it, Waymo was competitively priced with Uber, but there were a lot of times where Uber beat the price. That's kind of an issue because I feel like Google has so much money to invest; they're willing to take losses.
So, what I believe is going to happen here is I believe that the profitability of the ride-sharing platform will not be there in its first few years. I believe it's going to take several years of scaling that business up to really get it to start pouring in profits and really start helping Tesla's margins.
I believe it's actually, in its first year or two, going to hurt Tesla's margins. Believe it or not, it could hurt the profitability in its first couple of years. Long-term, I think it could be great; short-term, I don't think so.
There's a lot of people running into these conclusions that it's just going to be overnight, and Tesla's going to be making so much money, and it's going to be a gold mine. I'm like, "Slow your roll a little bit here!"
So, that's why I don't really love the setup. With that being said, I'm going to still hold my 1,000 Tesla shares, and I hope I'm wrong. I hope Tesla has a Robo-taxi fleet come out, and I hope it's just a huge success overnight. I hope the margins go flying and the profitability goes flying and all those sorts of things, but I'm not feeling super confident about that, I can tell you that much.
Okay, Palantir. This is a difficult one. I think this is much more difficult than Tesla, and the reason being is we're at a weird point with Palantir where I think it's still hard to tell if Palantir is going to make a run to $100 to $200 a share in the next 12 to 24 months.
You saw it up, you know, 6% plus on Friday—up $115,000 there, right? But here's the deal with Palantir: I think their analyst estimates are likely pretty low for the earnings per share. So, I think Palantir is probably going to come in and crush earnings per share next year.
So, that's going to be interesting to see how the market reacts to that. Additionally, we've seen the revenue continuing to increase, increase, increase in terms of the percentage growth. We don't know if that's going to start stalling out now, and they're going to kind of stall out around 30%, 33%, something like that.
But what if hypothetically they go all the way to 40% plus and then sustain 40% plus revenue growth? Shoot! Palantir is probably going even higher if that's to happen. If they only get to 30% and stagnate there, then I think we're probably staying here for a while.
When I say a while, I'm talking the next couple of years. But if we also go up to that 40% number or go to like a 50% number, I'll tell you we got more to climb here.
Now, additionally, you're going to likely see big expansion in that net margin for Palantir for the next three to four years here.
With that being said, I think it makes sense to take some chips off the table if you've made huge profits on Palantir. That's what I've done. I took over 2,000 shares off the table, so basically the amount I took off so far exceeds what I ever put into Palantir stock. It's not even funny!
Now I'm in a position where I'm happy. Whatever happens with Palantir—let's say the growth just goes 30% and then that's it—cool! That's fine. If Palantir stock goes back down to $40 to $50 a share, like, "Oh, you know, sweet! I took a lot of profits in this one. That's cool!"
I don't mind holding my shares. I currently have over 3,000 shares in the public account, so I'll prosper in that sort of environment, right? I feel like now I'm happy with whatever happens with Palantir from here. If we go up to 40% or 50% revenue growth, or if we just stay at 30%, whatever the dynamic is, I'm happy. I can't complain; it's all good for me. It's all gravy!
I would feel very differently if I hadn't taken any profits on Palantir, and then let's say they only hit 30% growth and that's it, and then the stock goes back down to $40 to $50. I'd be kicking myself, right?
Then let's say we stagnate at $50-ish a share for several years; I'd be kicking myself. But now that I took those profits, I feel good, man! I feel good! Whatever happens with Palantir—we go to $150, I feel good. We can go down to $50 bucks; I feel good. Whatever happens, happens there.
SoFi—this is an interesting one, right? Up 109% on this one; that was up another 5% on Friday there. Now, it was a weird opening to 2025 for SoFi because the very first trading day of the year, the stock plummeted.
Now, the main reason I believe the stock plummeted on that day—some people said, "Oh, it's because of a downgrade," this and that—I believe the real reason that stock plummeted on that particular day is retail was looking to take profits. No one wanted to take profits on SoFi at the very end of the year because you have to worry about paying taxes.
So, people were kind of like, "I'll wait till the first day of January; I'll take my profits then." That's exactly what happened! The first day, the stock just plummeted, right? Retail took profits, and so I get it; that was what it was. Since then, the stock has obviously come back, come back, and come back.
Now, with that being said, I think SoFi could set up for like a triple-digit year in 2025. Am I betting on this? No, in terms of like short-term calls or something like that—no, because it's not worth it. It might not happen, right?
But I wouldn't be surprised if SoFi ended up being a triple-digit gainer, kind of like Palantir was this past year. Now, do I expect SoFi to have that sort of year, like a 300% type gain? No, no, no. But couldn't I see SoFi having a great year? Yeah!
If you look at SoFi's setup, the real only acceleration that happened in SoFi stock was at the very end of the year. I think more and more people are starting to understand SoFi's growth rates and what this company has going forward.
They're really just going to, you know, if you look at SoFi, it looks like a company that's just going to continue to gobble up market share in the banking space for years and years to come.
You have to start thinking about SoFi as, as long as this company never gets over-leveraged and Anthony Noto gets them through future recessions and things like that, you have to start thinking about SoFi in terms of becoming a banking giant.
Now, they're more than a bank; they also have their tech side, their fintech side of their business as well, right? But I think that's how people really got to start thinking about this one, kind of like they used to think about Tesla.
They would think about Tesla as, "This is going to be a massive automaker someday." I'm talking about when Tesla was a niche automaker. Now you look at Tesla today, and you're like, "Dang! They're a pretty big automaker!"
If you think Tesla's going where it's going over the next 5 to 10 years, you're like, "They're going to become an auto giant. They'll start selling 5 million cars a year, 10 million cars a year, or something like that."
People got to start thinking that way in regards to SoFi. The more time ticks on here, the more members they attract, the more scale they get, the more and more people I think are going to realize, "Oh my gosh! SoFi is going to become a banking giant!"
You start to begin to think a little bit differently because then you're not thinking about SoFi as a $10 or $20 billion type market cap. You start thinking about SoFi as a potential hundreds of billions of dollars of market cap over time.
If they emerge more profitable than the old-school banking models emerged, then we could be talking about a company that maybe is a trillion-dollar market cap long-term—super long-term! If we're thinking like 20 years out or something like that, right?
So, those are just kind of things to consider there. But yeah, I think SoFi sets up pretty good for this upcoming year. With that being said, I like to keep my risk a little smaller in regards to SoFi. I'm not willing to risk the bank.
I do own SoFi in other portfolios as well, right? But, you know, I've always kind of wanted to get to 5,000 shares in SoFi, and maybe I get there in the public account.
Once again, I do own SoFi shares in other portfolios as well. Right now, I cover SoFi quite a bit on this channel, which by the way, I haven't released a video in almost two weeks on that channel. I'm going to get it back up and rolling this week, baby! The reaction channel, Jeremy LeFave Makes Money, I cover a lot of SoFi on that channel. So, if you care a lot about SoFi stock, definitely follow me on the reaction channel. You'll definitely enjoy that.
Now, 2025—we're going to have a lot of drama this year, right? There's going to be a lot of drama, a lot of upside drama and downside drama. There are going to be some moments in this market this year where, you know, it's just full risk on. It's just, you know, everybody's thinking about, you know, they're going to be the next trillionaire and billionaire and all that stuff, right?
We're going to have some tough moments this year as well. We're going to have some very volatile moments. We're going to have some moments where people question things very, very quickly.
So, in a year like this, don't get caught up in the short term about, "Am I going to be a billionaire tomorrow?" Don't get caught up in the short term of, "Oh my gosh! Everything's going to zero!" Don't get caught up in all that crap.
Focus on the long term. Make sure you're adding companies that you are going to be happy with way past 2025. The stocks I'm going to be buying in 2025 are not really for 2025; they're stocks that are for 2026, 2027, 2028, 2029, 2030, right?
No different than the stocks I was buying in 2024 are really for 2026, 2027, 2028, right? You got to be thinking years out in regards to SoFi. Focus long-term! Don't get caught up in all the short-term crap because you're going to have a lot of drama this year.
You're going to have a lot of drama. We have a change, obviously, in the White House. It's going to be a lot, okay? Just don't get caught up in all that short-term crap. Focus on the long term. Let the short term be what the short term's going to be.
If you get any major corrections this year or crashes this year, take advantage of those, right? The future you will thank you five years from now. Don't get caught up; don't get into too much FOMO in the market in those periods when it just seems like week after week after week, things are just going up and up and up.
Just focus long-term. Be even-keeled. Be steady in this market. Hopefully, I'm a pretty good guide for that, you know, year after year for you guys to look at someone who just kind of looks at the stuff practically and says, "You know, there's a great opportunity here. This is not such a great opportunity. This one stretches valuation. This is where, you know, pretty good risk-reward is here," and those sorts of things.
Alrighty, folks! If you're ready to take your investing up to a much higher level and scale your portfolios in 2025, and you're looking to apply to join my private group, the pinned comment down there is access to my Become Master Stock Market course, Millionaire Playbook course, Stock Options Mastery, Dividend Investing Mastery, Financial Statements Mastery, and access to my $3 million-plus Fidelity account to see all the moves I'm making each week in that.
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Okay, much love, and have a great day!