Investments

[Óðinn]

True... though in time of crisis etc... it would be wiser to have the precious metals at home or within reach when needed.

[Óðinn]

True... though in time of crisis etc... it would be wiser to have the precious metals at home or within reach when needed.

[EtH]

It's something I've always been interested in but I don't have the time to properly study how it all works.

[EtH]

It's something I've always been interested in but I don't have the time to properly study how it all works.

[Phil Banks]

Personally don't my pops does he mainly fucked with Oil stocks but took has diversified some and bought some Pharma shit.

I personally have half of my networth in cash. Nothing crazy probably about 30 cash, but with everything going on thats one less thing to worry about.

[Phil Banks]

Personally don't my pops does he mainly fucked with Oil stocks but took has diversified some and bought some Pharma shit.

I personally have half of my networth in cash. Nothing crazy probably about 30 cash, but with everything going on thats one less thing to worry about.

[EtH]

Since I don't believe civilization is going to collapse due to the virus cause I'm not stupid as fuck I just leave my money in the bank.

[EtH]

Since I don't believe civilization is going to collapse due to the virus cause I'm not stupid as fuck I just leave my money in the bank.

[Phil Banks]

Originally Posted by EtH

Since I don't believe civilization is going to collapse due to the virus cause I'm not stupid as fuck I just leave my money in the bank.

Yeah I live in Lebanon the banks literally only giving people 100 dollars a week for the last 6 months. We haven't been able to have true access to our funds in the bank since last summer. The exchange rate of the dollar here has almost doubled on top of all that so one of my better moves was not putting all my money in the banks.

Pro Life Tip : Keep cash on hand no matter what the lil non rapping irish kid on the rap site says.

[Phil Banks]

Originally Posted by EtH

Since I don't believe civilization is going to collapse due to the virus cause I'm not stupid as fuck I just leave my money in the bank.

Yeah I live in Lebanon the banks literally only giving people 100 dollars a week for the last 6 months. We haven't been able to have true access to our funds in the bank since last summer. The exchange rate of the dollar here has almost doubled on top of all that so one of my better moves was not putting all my money in the banks.

Pro Life Tip : Keep cash on hand no matter what the lil non rapping irish kid on the rap site says.

[The Saaxxx Baba]

As an investment banker and wealth manager who had been doing this shit 24/7 for the last 8 years, the best thing is to stick to macros at this point with minimalist view on micros coz nobody has seen this sort of a pandemic before.

Having said that I had already started moving the portfolios i was handling to Debt and Gold Etf by december which concluded by Feb. Gold rallied around 10% and Debt yields grew (minimally) as the Central Bank in India cut the lending rates.

The second thing i did was considering the macros I knew India manufatures generic drugs so i was allocating towards pharma until i hit gold with Cadilla and IPCA labs last week and now in the midst of booking profits by slowsly selling off upto 70% of the holdings and keep the 30% coz the stock fundamentals are still good inspite of the rally overpricing. In short the stock has rallied by 8 - 10% on a daily basis eversince Trump got desperate for one of the drugs manufactured by them and now with global (including germany etc.) and domestic order books overflowing shit is still a gold mine.

Now i personally do not recommend trading coz that is not investing in the first place unless u have the cadilla and IPCA Labs sort of fundamentals so even if we minus those returns out i still generated an alpha of 10% in two months which is basically over a 100% CAGR sticking to good old school investor discipline. The current overall portoflio returns that i have been churning are closer to 300% CAGR thanks to Covid 19.

Additional future Investment horizon if u an investor outside India?

Also buy crude that shit on a discount !!!

And buy your respective Index Funds at every dip bit by bit.

And remember to liquidate at the end of the day tho dnt get too greedy, get ur 10-20% in a onth or two and book profits and fuck off, plan to stay cash/liquidity heavy with minimal speculation until the dust settles.

---------- Post added at 06:04 AM ---------- Previous post was at 05:57 AM ----------

Originally Posted by 2FUEL

True... though in time of crisis etc... it would be wiser to have the precious metals at home or within reach when needed.

Thats is exactly what Indians do a lot too culturally.

[The Saaxxx Baba]

As an investment banker and wealth manager who had been doing this shit 24/7 for the last 8 years, the best thing is to stick to macros at this point with minimalist view on micros coz nobody has seen this sort of a pandemic before.

Having said that I had already started moving the portfolios i was handling to Debt and Gold Etf by december which concluded by Feb. Gold rallied around 10% and Debt yields grew (minimally) as the Central Bank in India cut the lending rates.

The second thing i did was considering the macros I knew India manufatures generic drugs so i was allocating towards pharma until i hit gold with Cadilla and IPCA labs last week and now in the midst of booking profits by slowsly selling off upto 70% of the holdings and keep the 30% coz the stock fundamentals are still good inspite of the rally overpricing. In short the stock has rallied by 8 - 10% on a daily basis eversince Trump got desperate for one of the drugs manufactured by them and now with global (including germany etc.) and domestic order books overflowing shit is still a gold mine.

Now i personally do not recommend trading coz that is not investing in the first place unless u have the cadilla and IPCA Labs sort of fundamentals so even if we minus those returns out i still generated an alpha of 10% in two months which is basically over a 100% CAGR sticking to good old school investor discipline. The current overall portoflio returns that i have been churning are closer to 300% CAGR thanks to Covid 19.

Additional future Investment horizon if u an investor outside India?

Also buy crude that shit on a discount !!!

And buy your respective Index Funds at every dip bit by bit.

And remember to liquidate at the end of the day tho dnt get too greedy, get ur 10-20% in a onth or two and book profits and fuck off, plan to stay cash/liquidity heavy with minimal speculation until the dust settles.

---------- Post added at 06:04 AM ---------- Previous post was at 05:57 AM ----------

Originally Posted by 2FUEL

True... though in time of crisis etc... it would be wiser to have the precious metals at home or within reach when needed.

Thats is exactly what Indians do a lot too culturally.

i've wanted to invest, but i've never held more than 300 dollars to my name at a time. every paycheck is spent within hours to bills or retarded shit.

i know my grandfather has a mil invested into stocks, and i've tried learning from him, but he just insists i'll die poor because of my lack of work ethic lmao.

i've wanted to invest, but i've never held more than 300 dollars to my name at a time. every paycheck is spent within hours to bills or retarded shit.

i know my grandfather has a mil invested into stocks, and i've tried learning from him, but he just insists i'll die poor because of my lack of work ethic lmao.

[The Saaxxx Baba]

Originally Posted by EtH

It's something I've always been interested in but I don't have the time to properly study how it all works.

Technicall speaking it is pretty simple. If have 10 bucks to invest this is what i would dp basically -

- firstly decide how long is my investment horizon or how long can i do without this said 10 bucks thats my investment horizon and the the longer the horizon the higher the risk i can take and vice versa

- second i would only invest 70% of it in tranches as and when the buying opportunities come until such time i did keep it in debt funds.

- the rest 30% i did use to hedge unforseen circustances. I personall prefer commodities and forex (US Dollar esp) and just use 5% for derivative measure which when leveraged basically give me another 30% of the 10 bucks gradually.

- after that only 10% of the 70% is used in trading per se generally.

- after all this liquidating the investment is done part by part too in order to save on taxes so lets say where most people stored the liquidate amount in their bank accounts i did do it in a debt funds for 3 years and save on taxes through liquidation.

The problem is a lot of self taught folks who think they too big for their shoes or have been misled by greedy brokers (which is basically ur CNBCs) take only one of the above mentioned steps to save on brokerages and satisfy their personal biases whilst losing a lot of money at the same time too.

Now the practical aspect of these things is the most important you gotta be in the know of things to be aware of when to make your moves for which you gotta choose the sources that u gather ur info from very very wisely !! For global economical news every corporate uses Bloomberg so do i and for the local ones i use exonomic time and bourses websites for stock specific technicals.

that which i have omitted in this post in terms of definitions can easily found on sites like investopedia, etc...

Yes this is a full time job. expect nothing less and consult professionals instead and learn from them until ur confident to take matters into ur own hands.

[The Saaxxx Baba]

Originally Posted by EtH

It's something I've always been interested in but I don't have the time to properly study how it all works.

Technicall speaking it is pretty simple. If have 10 bucks to invest this is what i would dp basically -

- firstly decide how long is my investment horizon or how long can i do without this said 10 bucks thats my investment horizon and the the longer the horizon the higher the risk i can take and vice versa

- second i would only invest 70% of it in tranches as and when the buying opportunities come until such time i did keep it in debt funds.

- the rest 30% i did use to hedge unforseen circustances. I personall prefer commodities and forex (US Dollar esp) and just use 5% for derivative measure which when leveraged basically give me another 30% of the 10 bucks gradually.

- after that only 10% of the 70% is used in trading per se generally.

- after all this liquidating the investment is done part by part too in order to save on taxes so lets say where most people stored the liquidate amount in their bank accounts i did do it in a debt funds for 3 years and save on taxes through liquidation.

The problem is a lot of self taught folks who think they too big for their shoes or have been misled by greedy brokers (which is basically ur CNBCs) take only one of the above mentioned steps to save on brokerages and satisfy their personal biases whilst losing a lot of money at the same time too.

Now the practical aspect of these things is the most important you gotta be in the know of things to be aware of when to make your moves for which you gotta choose the sources that u gather ur info from very very wisely !! For global economical news every corporate uses Bloomberg so do i and for the local ones i use exonomic time and bourses websites for stock specific technicals.

that which i have omitted in this post in terms of definitions can easily found on sites like investopedia, etc...

Yes this is a full time job. expect nothing less and consult professionals instead and learn from them until ur confident to take matters into ur own hands.

[Óðinn]

Originally Posted by Phil Banks

Pro Life Tip : Keep cash on hand no matter what the lil non rapping irish kid on the rap site says.

LOL... never said don't keep cash on hand. Simply. Investing in bullion is also a good move. Nothing more, nothing less.

[Óðinn]

Originally Posted by Phil Banks

Pro Life Tip : Keep cash on hand no matter what the lil non rapping irish kid on the rap site says.

LOL... never said don't keep cash on hand. Simply. Investing in bullion is also a good move. Nothing more, nothing less.

[The Saaxxx Baba]

Originally Posted by korvus

i've wanted to invest, but i've never held more than 300 dollars to my name at a time. every paycheck is spent within hours to bills or retarded shit.

i know my grandfather has a mil invested into stocks, and i've tried learning from him, but he just insists i'll die poor because of my lack of work ethic lmao.

lol he's right actually. Investing does need one to maintain a lot of discipline which cannot come via maintaining strong work ethics wherever one may be working coz only then can one understand the reason why the discipline is important. just one of those things that can only come via experience.

[The Saaxxx Baba]

Originally Posted by korvus

i've wanted to invest, but i've never held more than 300 dollars to my name at a time. every paycheck is spent within hours to bills or retarded shit.

i know my grandfather has a mil invested into stocks, and i've tried learning from him, but he just insists i'll die poor because of my lack of work ethic lmao.

lol he's right actually. Investing does need one to maintain a lot of discipline which cannot come via maintaining strong work ethics wherever one may be working coz only then can one understand the reason why the discipline is important. just one of those things that can only come via experience.