31–40 of 41 posts
I am a fan of the Coffee Can Portfolio. The idea of a Coffee Can is simple: You try to find the best stocks you can and let them sit for years. You incur no costs with such a portfolio, and it is simple to manage. I share mine here: https://docs.google.com/spreadsheets/d/1tBrZEMFK9XNWxiqOxE8o...
I'll throw this item I've been following for a while. There is a supply/demand problem with a certain stock that had a massive rise in Jan in the video gaming industry. It could be short term and you may see it as risky but there is a lot of research being done by folks over in reddit that point to large Wall Street firms having naked shorted the stock for months, possibly much longer. Bankruptcy isn't an option anym…
GME will release its 8k SEC filing within a week and it will likely contain vote counts. Votes equate to shares and there is a high probability the vote counts will be higher than the number of shares ever issued. The Naked Short Selling loophole has led to this, for reference: https://en.wikipedia.org/wiki/Naked_short_selling and an interview on Fox Business https://www.youtube.com/watch?v=VRVBbNYfAOM describing the problem.
This is a simple supply/demand problem that should correct itself in the market.
> with a timetable of I would put that $20k into Ethereum (2.0) or any other crypto that is scalable, sustainable and has a large DeFi ecosystem around it.
Downvoters: OK, I'll tell you exactly why. Historical price action of ETH suggests that it can reach the levels of >$4000 which is the all time high prices just like it did with its previous ATH of >$1000 prices in 2017. The same can be also said for Cardano (ADA). It is clear that all other cryptos have reached or rose past their ATH prices of 2017 and most of them have maintained this price for months. But to get i…
Use 2:1 leverage to turn that 20k into 40k. When to buy: Use Warren Buffet's famous quote: "Be fearful when others are greedy, and greedy when others are fearful." If you're reading an article about why XXX stock is great, it's already too late to get in (meme stocks might be an exception). If it feels like you have to buy XXX stock NOW or the price will go up, it's already too late. Take a few days to mull it over.…
If you do not have any assets invested, you should probably first follow some very conservative advice about how to handle money in general. In the US I know of Dave Ramsey. This depends highly on where you are located because of social systems, retirement funds, taxation etc. To me it's strange, that the question even comes up. You should either be paying off debt or already have your asset allocation figured out.
I am a fan of the Coffee Can Portfolio. The idea of a Coffee Can is simple: You try to find the best stocks you can and let them sit for years. You incur no costs with such a portfolio, and it is simple to manage. I share mine here: https://docs.google.com/spreadsheets/d/1tBrZEMFK9XNWxiqOxE8o...
An interesting look. I particularity enjoyed your Maverick naming formats.
Btw, I noticed you used to work at Opera. As you might have seen on the sheet, I recently invested in them. I'd welcome the opportunity to hear your perspectives on the company. Would you be open to a brief chat about the company?
Take care.
Earlier quoted context omitted.
An interesting look. I particularity enjoyed your Maverick naming formats.
Thanks Angus! Btw, I noticed you used to work at Opera. As you might have seen on the sheet, I recently invested in them. I'd welcome the opportunity to hear your perspectives on the company. Would you be open to a brief chat about the company? Take care.