"Stay in tune with the universe", Daily Meditation for your mind, body and spirit - S1E10

Welcome to Live Your Luxe Life. Thank you for joining me for another episode.

Have you been using your gratitude journal that we committed to doing together in Episode 2? Let's continue to reflect on our daily lives in our gratitude journals.

Warren Buffett has given us many great quotes on making the right investments. Join this week's episode as we discuss one of them. Do you invest in stocks or cryptocurrency? If so how do you make your decision to buy? Are you an Amazon investor?

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I am not a financial advisor. This episode is for educational and entertainment purposes only. Before investing, make sure you perform your own research and understand all risks involved!

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Key Points - Transcript

“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”-Warren Buffett

A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much.

For instance, in a typical 2:1 stock split, if you owned 100 shares that were trading at $50 just before the split, you would then own 200 shares at $25 each

When a company splits its stock, that means it divides each existing share into multiple new shares. In a 20-1 stock split, every share of the company's stock will be split into 20 new shares, each of which would be worth one twentieth of the original share value

So current shareholders will own the same value of the shares but each share is valued less and in return you have more shares of the stock

• Amazon has announced a 20-for-one stock split and $10 billion buyback. Their board of directors approved it early March 2022 pending approval of its shareholders. Google also announced the same 20 to 1 split

For example if you own 10 shares valued at $3000= $30,000.

$3000/20 = $150 per share so you would own 200 shares at $150 each share and your holding value will still be 30,000

• A stock split makes a company's shares more accessible to a larger number of investors because of their lower price.

• Amazon said the lower trading price would help its corporate staffers manage their stock in the company.

The Last time I checked The Amazon split will be effective at the close of business on May 27 and Google owned by Alphabet will have their 20 to 1 split July 15

The last time Amazon had a stock split was twice in 1999. It was a 2 for 1 about $119 to $57. Today the are about $3,000. Other companies that have had a stock split is Google, Tesla and Apple. Googles last split in 2014 was a 2 for 1 it went from $1140 to $570. Today they are about $2,800

Does it matter if you buy now or later? It depends. All of it depends on demand. You might have an early jump on the stocks increase in value. But what if nothing happens to the value or it goes down. Things to think about.

So the bottom line this is just food for thought in your investments. Do your research and decide if it fits your long term goals. I would love to hear your opinion on this. Comment on our Instagram what your plans are.

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