need some investment advice

With this chiner virus 19 expected to be around for a long time. Seems to me that investing in the pharma destined to mfg. the vaccine/medicine to combat this virus; Or perhaps investing in the import company importing the Chinese masks, face shields, gaters and those new fangled ionization filteroid machines.


www.wsj.com...

For crypto it's Theta and Theta fuel it's the new YouTube

originally posted by: AugustusMasonicus

Frozen orange juice futures.

Lol, I saw a guy who made a killing months back.

here's his story.

a reply to: CriticalStinker

Love it, hopefully he got a yacht in the Caribbean and screwed over the Dukes in the process.

a reply to: HODOSKE

This is not financial advice.

Binance is a great app for crypto.

You're looking for lots of volume and volatility.

Study the eb and flow of chosen currencies.

Research said currencies and pick most established ones, that you think will still be there in the next year. Some wont.

Never pick one that just debuted on the exchange!

Distribute your capital amongst numerous picks.

Understand Bollinger bands.

Research your picks for as far back as there is data on the graph.

Once the coin dumps significantly wait for the stability to return.

Buy some.

Wait for it to gain upward momentum again and exit at pre decided profit point.

Dont be too greedy 5% is more than enough.

The coin might be in a slump or dip even further but it will eventually bounce back up again.

Even if it takes a couple of months.

Keep your eye open for all market downturn.

Never sell for less than you bought in and be patient.

That's what I would do.

Also I wouldn't use money that i couldn't afford to lose.

a reply to: HODOSKE

The stock market will crash. The Fed has gone far too deep into supporting the market and it will drop significantly. I projected August - September. There would be value in getting out of stocks and stock index funds during a crash, then reinvest when the market bottoms out. The recovery from this next crash might be slow, but over time has proven to be a sound investment.

It all depends on your situation though. If it's in retirement accounts you have limits on what you can do.

Don't get into crypto unless you know what you're doing. There's thousands of crypto coins and tokens, while a few make insane profits many others are ponzi schemes or stright up scams.

The "financial reset" is an amalgamation of real events, misinterpretations of events, and completely fabricated events. There are big things happening in finance. The IMF is suggesting debt forgiveness for some impoverished countries, but not a gobal reset of debt. Certain bank regulations impacting how money moves both internally within the US and externally to other countries are changing. Crypto is becoming a regulated category that banks can provide custody for. A lot is going on and there are lots of BS theories.

Bottom line is unless you're spending a lot of time learning finance you should be in touch with a pro if you ha e substantial investments.

a reply to: HODOSKE

Diversify your investments. Invest aggressively. Money comes and goes.

a reply to: HODOSKE

I’ve moved my entire portfolio into crypto and precious metals. Bitcoin and Ethereum are the safest bet for new investors into that market space, be aware it’s highly volatile but as a long term investment if you hold tight I’d say it’s a good hedge. Always keep a little physical Gold and Silver for a rainy day.

If its security you seek, invest in farm land and maybe a bomb shelter.

For a leg up in a world of lockdown, look to invest in an e-commerce platform like shopify.

Also just look at how much money the cannabis business brought states after the laws changed, I'm sure it will happen again with another substance, just be ready to invest when the time comes.

Sorry to be thick but I genuinely don't get this modern way of things....................

If you give your money to the bank and deposit it in a savings account why do they give zero interest anymore in addition charging fees to keep it with them?

Alm my life I got a bit of interest on savings whatever was left over after paying for accommodation, lifestyle, transport, taxes, food, beer, bills etc and that etc goes on and on

Why they stop giving us interest?

originally posted by: ufoorbhunter
Sorry to be thick but I genuinely don't get this modern way of things....................

If you give your money to the bank and deposit it in a savings account why do they give zero interest anymore in addition charging fees to keep it with them?

Alm my life I got a bit of interest on savings whatever was left over after paying for accommodation, lifestyle, transport, taxes, food, beer, bills etc and that etc goes on and on

Why they stop giving us interest?

It's based on the Fed. The Fed is your enemy. Bank interest rates never keep up with the declining value of the dollar.

Banks are not institutions to benefit you. They are institutions to trap you into giving them your money so they can use it in risky investments. There is no incentive for them to avoid risky investment because every time the economy #s the bed the government bails them out. They exist to extract money from the poor who are the least equipped to deal with the fees and charges that complete scumbag banks like Bank of America force on their patrons.

I currently get 4.8% plus interest in my crypto holdings. Daily paid interest. I'm not fully invested in crypto because I expect a drop in price with the stock crash. Currently I make a dollar or so a day in interest, which is far better than the 80 cents I made a year on savings. I also add in those interest payments to my yield. Some yield tokens are seeing 30-200% rates. Most of those crazy numbers are artificial or straight scams, but it is completely possible to get 10-20% returns from crypto holdings.

originally posted by: Ksihkehe

originally posted by: ufoorbhunter
Sorry to be thick but I genuinely don't get this modern way of things....................

If you give your money to the bank and deposit it in a savings account why do they give zero interest anymore in addition charging fees to keep it with them?

Alm my life I got a bit of interest on savings whatever was left over after paying for accommodation, lifestyle, transport, taxes, food, beer, bills etc and that etc goes on and on

Why they stop giving us interest?

It's based on the Fed. The Fed is your enemy. Bank interest rates never keep up with the declining value of the dollar.

Banks are not institutions to benefit you. They are institutions to trap you into giving them your money so they can use it in risky investments. There is no incentive for them to avoid risky investment because every time the economy #s the bed the government bails them out. They exist to extract money from the poor who are the least equipped to deal with the fees and charges that complete scumbag banks like Bank of America force on their patrons.

I currently get 4.8% plus interest in my crypto holdings. Daily paid interest. I'm not fully invested in crypto because I expect a drop in price with the stock crash. Currently I make a dollar or so a day in interest, which is far better than the 80 cents I made a year on savings. I also add in those interest payments to my yield. Some yield tokens are seeing 30-200% rates. Most of those crazy numbers are artificial or straight scams, but it is completely possible to get 10-20% returns from crypto holdings.

That is one good explanation mate They all piss in the same pot here in the UK too Crypto sounds like the way to go. I still don't get the no interest thing though. It just makes no sense. I mean they took the dosh but they give you nothing in return. It like they think you lending it to a member of your family where you expect no interest, but they are not a member of the family or a good friend, they are a institution but give you nothing in return, I just don't get it, but so many things have changed in the world since we were young I suppose it's to be expected. At least I'm an old sod now and see through all this monkey business TPTB throw at us

a reply to: ufoorbhunter

The problem is people are told growing up that banks are the proper place to keep money. It's not really a good place to keep your money and there are some places where negative interest rates have happened. That means the bank steals your money essentially. It's supposed to motivate those holding cash reserves to invest, but when the stock markets are artificially inflated garbage investing is a terrible idea. So you need alternatives.

If you're interested in crypto investment I can point you in the direction to educate yourself on it and do some research. The common notion that Bitcoin and Ethereum are the safe crypto investments is very much in question for those that know crypto. While they hold value now it's not a great future for them. They don't scale up well for transactions and the fees to move them around are sometimes ridiculous.

If you're really interested send me a PM.

a reply to: Ksihkehe

I usually tell folks that I researched crypto for almost a year before investing. Trying to explain how, why and if it will work is just not a simple conversation.

Silver
All things Elon has his hands on
Gene editing
AI
More importantly invest a great deal in bettering yourselves and loved ones that’s where the greatest futures are...

originally posted by: 5StarOracle
All things Elon has his hands on

Worst advice ever

Unless you're looking to get scammed

i don not know much about krypto but my son does. He just purchased a bunch of xrp for me. Very confusing for me to understand. thanks for the advise
a reply to: JinMI

a reply to: HODOSKE

Gold and wealth preservation precious metals/
guns + ammo, cleaning kits etc.
10 year shelf life foods & canned items/ freeze dried goods
lots of barter stuff --- even outdated lantrens for parts/ fishing rods, gear, reels, copper tubing for bio-mass stills, fuel
first aid items & otc remedies

too many to list.... 'oh yeah -> beer-liquor-wines for swap-trade & gala's

There have been stock market doom porn around since the stock markets started. A search in this forum alone shows that people have been predicting the end times every year.

Truth is you can't time the market; especially if your just a dude on your personal computer. All research on the subject clearly states that the best course of action for an individual is to invest long term no matter what the markets do.

The leading indicator of future investment wealth is not how well people invest; but rather how consistent they are at saving for investment. The more consistent you are at investing the better off you will no mater what you invest in.

The key is to diversify across different investment vehicles so that if one takes a hit the others hopefully don't or make up for the loss.

originally posted by: JinMI
a reply to: Ksihkehe

I usually tell folks that I researched crypto for almost a year before investing. Trying to explain how, why and if it will work is just not a simple conversation.

I was familiar with crypto for a number of years, but after the black swan in March I made It my full time job to take deep dives on some of the emerging tech. It isn't easy and it requires some degree of techical apptitude. That's why I'm really only willing to point people in the direction. Back when Bitcoin was the only game in town it was hard enough, but digital contracts and DeFi complicate things by many orders of magnitude.

In the next 2 years there are going to be some broken hearts, but the first trillionaire is probably already out there somewhere and he or she is probably invested in crypto. I think there's a good chance crypto will make the first trillionaire.