So let's start with a disclaimer.
I am NOT a financial advisor. I am not a financial expert or registered with the SEC as a financial expert. I am not an SEC
registered financial regulator. I am NOT liable for any losses you may incur. This post, as well as all posts following it, are for informational
Now that we have that out of the way I want to begin by saying that this thread is not going to be about the global cabal out to probe your insides
with Donald Trump's tiny, tiny hands. This thread is NOT about whether you believe investing has merit or not. It is NOT about your doom prediction.
This thread is about an experiment:
If you head over to Investopedia.com/simulator
you can register and play, for free, with $100,000
dollars of simulated money. The simulation is reasonably sophisticated but it is not fed by real-time information. What it does do is simulate as
close as possible the overall market conditions. I propose we play our own game here on ATS with up to date data. Trade based on real market
conditions and what we believe would make good investments. Then at the end of a set period of time, we would see who had the most growth.
That period of time will be 90 days on a rotating basis depending on how active this thread is over time. That means that from the time of your
initial Fantasy investment to the completion of your experiment, you will have 90 days. You can make any and all adjustments you want so long as they
are recorded here.
Now let's move on to the meat here! What am I investing in?
With $100,000 there are a lot of options for beginning investors. Since I have a bit of experience I have a bias that I simply can't overcome. There
is the added factor of investor psychology that is not present when using these simulations. The fear responses and highs are VERY REAL and it is
important to understand WHEN you are feeling those feelings and WHY. There are
ways to overcome these fears
. The ones I use to calm my nerves in
uncertain times are the following: The End Goal! What is it that I am trying to do with my money? Take a loss? Hell no. Remember, only invest what you
are willing to lose, and make sure that your financial losses on the stock market don't take your house and life with them. That means that no matter
how much money you put in over time, the total loss of that money SHOULD NOT AFFECT YOUR LIFE AS IT IS.
Anyway, off the soapbox. My picks:
Let's start with ETFs:
Right off the bat I'm buying 1000 shares of the Global X Robotics & Artificial Intelligence ETF (BOTZ)for nearly 20k of that 100,000 simoleons. Now I
have about 80k left.
Next up I'm buying 300 shares of MG Alternative Harvest ETF (MJ) for about 10k.
I have 70 K. Now for a couple of stocks:
Next up is 1000 shares of Aurora Cannabis (ACB) for nearly 7k
63k left over.
1000 Shares of Chronos Group who own a huge portion of the legal cannabis market. That will run me about 11k.
Alright, back to ETFs!
1000 shares of iShares Gold Trust (IAU) ETF for roughly 13k. I would then buy IShares Silver Trust SLV, same amount, for about 14k.
Alright, now I have about 25,000 dollars left to play with. In real life I would never put my only available $100k solely into stocks. My
diversification strategy is pretty typical for a person with medium risk tolerance and longer timelines.
I will leave this 25k up for suggestions. Let me know what you have and why!
My 90 days starts today February 2nd, 2019 and ends May 20th, 2019.
I like ETFs a lot. Of all the financial instruments out there that you can trade on the stock market, they are easily among the safest for their built
in risk spread. They are growth investments, I like to hang on to them for longer periods.
If you suggest bonds to me, you're either a hard core Trump supporter like me or you believe in Jesus second coming so much that you don't think
you'll lose it.
I don't do debt, so therefore I don't do bonds.
Crypto is on the table, but any project you pick MUST come with a description of the project and why you believe in it.
Again, this is SIMULATED and we will be "buying positions" in spirit, lol. This is for the education of anyone who wants to learn to invest but does
not want to risk real money doing it.
If you don't wanna do it here then the simulator at Investopedia should be a better fit.
edit on 19 2 19 by projectvxn because: (no reason