Investing-tips and ideas

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jtr1962

Flashaholic
Bronze Member
Joined
Nov 22, 2003
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City & State/Province
Flushing, NY
I'm starting this thread at the suggestion of Chauncey Gardener. Here is where to put your investment strategies, hot tips, investing results, basically anything related to investing.

I'll start with the ICO I put $25,000 into last year:


It's due to launch when the total amount raised reaches $15 million. Now it's currently at $14,901,035. I estimate launch will be sometime in July. Price at launch will be $0.05 per token. I currently have over 3.1 million tokens, plus another $9,000 in USDT rewards. This makes my investment worth north of $165,000 upon launch. There is the potential to go much higher, with some analysts suggesting $1 per token is possible in 2026. I'll keep everyone updated.

My other project is trying some market timing using $10K in my Roth IRA. When doing this volatility is your friend. I'm using 2x and 3x leveraged funds for exactly this reason. The key to minimize the downside is to look where the price has been over the last several months, and buy when it's towards the bottom. As I'm discovering it's virtually impossible to get in at rock bottom barring sheer luck. The idea though is to get close.

The other part is to not panic sell if it starts dropping after you buy. Remember if you get in near the bottom, you'll eventually make money. Just sit tight and hold on. Then sell when it gets near one of the peaks. Right now I'm seeing at least one or two opportunities for 20% or higher gains every single month. One 20% gain every month gets you about 10x in a year. Two such gains per month gets you around 100x. We'll see how it goes.

The rest of my stuff is in bank-managed funds which are doing OK, although not spectacular. That's fine. You need to keep the bulk of your wealth in relatively safe investments. Never risk more than about 10% on speculative ventures.
 
Discover Bank is giving 3% interest. Vanguard Cash Plus account is giving 3.35%.

Historically these aren't great rates (i.e. I was getting 8.5% when I opened my savings account in 1989) but it's better than the 0.02% Chase is giving me.
I find it strange that banks, being essentially borrowers, are legally allowed to pay out less than the 10% minimal required interest rate for a typical loan, but then charge upwards of 18% on the loans they hand out using client (essentially investor) capital.
 
I find it strange that banks, being essentially borrowers, are legally allowed to pay out less than the 10% minimal required interest rate for a typical loan, but then charge upwards of 18% on the loans they hand out using client (essentially investor) capital.
Same here. I understand banks make their money from the spread between what they pay depositors and what they charge borrowers, but there should be a legal maximum limit on that spread. Historically I think banks used 2% to 3%. If a mortgage was 7% than they were giving 4% or 5% on savings accounts. Now they give 0.02% on savings accounts, while charging people with credit cards 28% interest.

Nowadays it wouldn't surprise me if banks are making 10% or more on the money in your savings account.
 
Credit unions give better rates. Not much better but still ...

Banks aren't an investment. Even high yield savings accounts only give 3.0 - 4.0% over a year or longer.
You can make more on the stock market.

I have a friend that is much smarter than I am about trading stocks. Even so, it is still high risk. Set a goal but be flexible. And don't bet the farm.
 
+

Don't buy single stocks, don't buy crypto (I don't care what Trump made)

50% large cap ETF
20% mid cap ETF
10% small cap ETF
the remaining 20% in T-Bills and/or Bond products

===== service fees are less for ETF than Mutual Funds

so many people should have done this instead of 401K, because they would've made FAR, FAR more doing it themself
 
John Bogle was the founder of Vanguard. I'm currently reading one of his books and he strongly pushes ETFs, notably ones which track the majority of the S&P. He emphasises buying funds with the lowest expenses, as expenses compound over time, eating away at long term gains.

There's plenty of websites out there dedicated to his style of investing and wisdom.
 
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