Originally posted by xraygoggles
View Post
X
-
- Likes 1
-
Originally posted by TheQuietOne View PostDogecoin: 139.85%
It's gone parabolic - to the moon. Wild west that is the crypto markets.
- Likes 1
Comment
-
Originally posted by xraygoggles View Post
So, Elon recently tweeted about Dogecoin, and since the time you wrote your post, which was literally 1.5 days ago, the 1 year return is now 520%.
It's gone parabolic - to the moon. Wild west that is the crypto markets.
- Likes 2
Comment
-
Originally posted by xraygoggles View Post
So, Elon recently tweeted about Dogecoin, and since the time you wrote your post, which was literally 1.5 days ago, the 1 year return is now 520%.
It's gone parabolic - to the moon. Wild west that is the crypto markets.
- Likes 2
Comment
-
Originally posted by TheQuietOne View Post
It’s crazy...a few weeks ago I had been musing out loud with the my wife about cryptocurrencies because frankly, I don’t really get what the deal is. I showed her Musk’s Twitter feed about it and she got excited about “doggie coins” cuz she loves dogs. She really wanted to buy some, so we agreed on a one time $40 purchase. Now they are worth about $90 and she is so stoked, she is now setting up $40 monthly deposits to play with cryptocurrencies.Last edited by xraygoggles; 01-03-2021, 12:30 AM.
- Likes 1
Comment
-
Originally posted by VentAlarm View PostOh, great wise one, what are the 10 stocks that will significantly outperform the index this year?...
...Put your money where your mouth is.Originally posted by EntrepreneurMD View PostCan I invest in a China index?
You can start by buying a lot of BABA right now at or near $225.
Amazon, Google, etc all struggled through these anti-trust govt and shakedowns (read: payoffs) also. Sure, the CIA didn't kidnap and probably kill Bezos, but hey, look past that... things work a bit different on the other side of the puddle.
China indexes or developing index are good too, but why not skip the ER and just take their big dog when it is dinged up? It's your money. Do what you want... let me guess: VTSAX again? There are many worse choices, but index buy-and-hold never outperforms... it just performs. Again, you could do worse, but I think the whole point of investing is to make money.Last edited by Max Power; 01-04-2021, 02:36 PM.
- Likes 2
Comment
-
Originally posted by Max Power View PostSince one of the better investment minds on here seems to have opted for a short hiatus from offering wisdom to the 1000's of "US indexes fo' liiiiife" peeps on here, I can give you one tip (last year's was FUN and SIX... run a search):
You can start by buying a lot of BABA right now at or near $225.
Amazon, Google, etc all struggled through these anti-trust govt and shakedowns (read: payoffs) also. Sure, the CIA didn't kidnap and probably kill Bezos, but hey, look past that... things work a bit different on the other side of the puddle.
China indexes or developing index are good too, but why not skip the ER and just take their big dog when it is dinged up? It's your money. Do what you want... let me guess: VTSAX again? There are many worse choices, but index buy-and-hold never outperforms... it just performs. Again, you could do worse, but I think the whole point of investing is to make money.
- Likes 2
Comment
-
Originally posted by Max Power View PostChina indexes or developing index are good too, but why not skip the ER and just take their big dog when it is dinged up? It's your money. Do what you want... let me guess: VTSAX again? There are many worse choices, but index buy-and-hold never outperforms... it just performs. Again, you could do worse, but I think the whole point of investing is to make money.
- Likes 2
Comment
-
Not all companies fail when they lose their founder/CEO, but not all succeed either. You can google and find many, many cases of successful businessmen disappearing in China. Below are two such companies with clear drops after they lose their founder. Maybe Alibaba and Ant Group will survive and do well, maybe they won’t. Depends on your risk tolerance I guess.
- Likes 2
Comment
-
Originally posted by xraygoggles View PostAgree about BABA, although the fact that Jack Ma has been AWOL for a few weeks now is sorta disconcerting - perhaps he went sent to a re-education camp.... But the company of course will survive with or without him. Waiting for a consolidation before I get some leaps.
You can't wait for "the bottom" on crashes and large dips like this. If you do, it's too late. Look at the TGT credit card breach 2013, WMT labor disputes and union concerns 2015-18, L Brands flirting with bankrupt 2019-20, entire Corona crash of nearly every S&P stock early this year, etc. Bad things happen to good stocks. You aren't buying one guy's system... I'm sure a few other ppl know how the systems works by now. The company has 100k+ employees. Also, at this point, you're basically buying the brand name... as you would be with WMT or AMZN.
If you wait for "the bottom," "consolidation," "restructuring," and "stability," the shares have rapidly shot back up on that insider news before you even know it it happened. In this case it will soon be clear that there were 5 good folks chomping at the bit to run Alibaba, the new CEO will make closed-door agreements and payoffs with their corrupt govt, and the show will go on just like Apple without Jobs or Facebook without Parker or Berkshire without Warren (trust me, he might as well be gone already... and yet the steamroller moves along). With opportunity like this, all you can do is make a good stab when a high quality pony has a great price (fine strategy), or you can nibble all the way down (even better yet, but takes guts). Regardless of what my or your avg buy price is, we will both be liking it a lot this time next year. Best of luck.Last edited by Max Power; 01-04-2021, 08:15 PM.
- Likes 1
Comment
-
Originally posted by xraygoggles View Post
Agree about BABA, although the fact that Jack Ma has been AWOL for a few weeks now is sorta disconcerting - perhaps he went sent to a re-education camp.... But the company of course will survive with or without him. Waiting for a consolidation before I get some leaps.
- Likes 1
Comment
-
Channels
Collapse
Comment