Discussion in 'BlackHat Lounge' started by firstnamelastname, Jul 9, 2018.
Never put everything into one thing. I wouldn't advise you to do that.
Diversity in a portfolio is almost as important as having a portfolio at all.
please take my advice.
"never put all your eggs in one basket"
always have savings, always have enough (at least 12 months worth) available to pay your bills.
why risk your hard earned money? no one knows whats PR will come out about amzn sooner or later. i remember buying in at 700, and i sold at 1100. i was happy then, even though could have been happier now...
at same time, only invested in a small amount. manage your finances well, and your finances will help you
wait for next 10% market correction, then put your money in index fund. since you are here and asking for investment advice, shows that you are at basic level. So just stick with index funds.
I have an old friend from Argentina who was facing the same problem a few years ago.
He was an IT guy.
How he battles the inflation problem is he does remote work from his home in Argentina for overseas companies, and stores currencies besides his own countries that are less subject to inflation. In his case, he was storing US dollars, instead of converting it all immediately to his regional currency.
I imagine it wouldn't be very hard to do the same with internet marketing.
Richest people are currently selling all their stocks, only the fools are buying right now. Market crash is expected in 1-2 years, i am waiting for the crash before i put my money in.
More money is lost in waiting for a correction then an actual correction.
If you are a long term investor who invests regularly at different times you have nothing to fear.
that dosent mean he has no savings, he stated in the op that he is quite frugal.
Amazon is a good stock and might grow over time but stock market is about uncertainty and will remain that, so whatever the stock is, it might correct so its highly not wise to invest all your earnings into it, you can invest a portion of money which you are ready to lose if required.
I am not a stock expert....
I can tell you that if you are in USA you can do a lot to protect against your concern of:
What if the asshole calls you at 11:00...
I have been in both real estate and stock world for the last 15 years. Both of them are good options if you are thinking long term....
Depending on where you are....real estate can be an amazing opportunity OR okay opportunity....one thing is for sure....your risk is a lot less with Real estate....play your cards right and you can make a lot of money.....
Another thing....stay away from Commercial property unless you know what you are doing - a bad investment can put you in bankruptcy very quickly.
With Residential....you don't have to worry about it...
Once again, risk vs. rewards apply here.....
Good luck to you.
exactly, you would not put all your money in 1 stock.
plus it is too late:
Back in they day - like 1995 i was like really fucken young and saved up 6k. A buddy of mine at the time - his dad was on some bullshit health publicly traded company - the stock at that time was $2 a share. Thinking that my buddies dad wouldn't steer me in the wrong direction i put it all in and lost huge prob like 4 or 5k. Being 19 that was a shit load of money. Had I put that in apple - which I just looked up - it would be worth around 600k or so. That just fucken sucks, i'm depressed now.
Keep in mind apple was on the verge of bk i believe. I would honestly invest in ford. It's a $11 or so a share, they are all in for automous cars, they survived the great recession, they seem to alway work out deals with the unions.
Ford actually makes stuff unlike google or facebook which basically advertise.
For what kind of account? That's a pretty generous offer for any kind of highly liquid bank account.
1.9% interest isn't unheard of.
2% used to be the common rate, even on some checking accounts in the USA just several years ago, although it's dropped quite a bit in recent years.
ING, for example, was giving that much a little before Capital One bought them out.
A lot of banks rip you off and give you practically nothing now.
Anyways, it's not a bad rate nowadays, but as OP mentioned, due to inflation, in certain countries you can technically lose money even despite having decent interest rates.
If it's for Short-term like 1yr. It's not a lot risky. Amazon isn't going to be Bankrupt anytime soon. I will rather Invest in Walmart
Buy a property, remortgage and then put all that into amazon. Double win :^
Look at that P/E ratio - 273!!!
You'd have to be nuts to put your money into that and expect it to keep growing at that rate.
Honestly, an average P/E ratio (in the UK at least) is 12 - 18, even 18 is stretching it (in case you dont know what it means - the share price divided by the earnings per share (per year) is the P/E ratio - in other words, if you bought this stock, at it's current earnings per share, it would tkae you 273 years to recover the price you pay for the stock from the dividends).
Or alternatively you're paying for 273 years of earnings at that price.
That's nut's it's serious bubble territory if lots of stocks exhibit similarly wild P/E ratios.
Of course if earnings grow rapidly then the P/E ratio less worrying, which is why they developed the PEG ratio, but honestly, that's nuts - can Amazon grow earnings at such a rate ad naseum that this will be seriously eroded year on year?
Compare this to Warren Buffets holdings in Coca Cola.
His Berkshire Hathaway company bought 400,000,000 CC shares for roughly $1.2 Billion over 25 years ago (that's heading for 10% of the company).
The shares are now worth c.$15 Billion, and the dividends are over $500 million per year - so the dividends are now worth half what he paid for all of the shares in the first place.
The P/E ratio when he bought was nowhere near 273, and it still isn't today.
Learn how to recognise value, and add in a sprinkle of what's likely to happen tomorrow on top.
do not save money to fucking save money people that believe in this trap man dont make it far and its not their fault the system lead you to believe this.
you save money to ''RE-INVEST INTO CASHFLOW''
spend that savings now into something that is going to create constant cash flow for you
do it or you will always regrett what if
you fucking die anyways and cant use the money you save when you die it all goes back in the box
stop listening to scared people their not going to live your dreams and life for you.
I would get a nice stack of ETFs, and if you like to gamble a bit, buy some Apple shares before the next large keynote, and sell em after.
True but I see this as another nonsense thread. Putting all your money is one stock is risky and OP appears to be risk averse.
OP does not appear to be knowledgeable with stocks and shares and that is usually a bad sign when somebody decides to put their life-savings into one stock.
Always better to get professional advice and diversify your investment portfolio IMO
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