Category: Stock Market
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Paul Allen Record-breaking $1.5bn art sale underperformed the market
in Stock MarketIn case you don’t know who Paul Allen is, he is co-founded Microsoft in 1975 with his childhood friend Bill Gates. One of the things he did with his money was to collect art, to have it stored in his basement, under high expensive security, only to bring it out now, when he sold it…
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Why having bonds in your portfolio is dumb
in Stock MarketIn most personal finance books I have read, the experts suggest a constant rebalancing of a portfolio, shifting from stocks to bonds as we get older. I think that’s the dumbest idea I have ever read. There are two main reasons why rebalancing is such a prevalent idea: The objectives of the clientWhen people invest,…
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Bitcoin is plummeting fast. It is and always was a big scam
in Stock MarketBitcoin was never an investment. It was always a speculative product based in the greater fool theory. If you tell a good story, there will always be a greater fool to buy it. Well, the market is running out of fools. Think about it. Every investment should have some intrinsic value. If you buy Bitcoin,…
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How far out should you buy options in HK?
in Stock MarketAs an investor looking to invest in Hong Kong, you may wonder how far out you should buy options. This article seeks to answer that question by providing an overview of the current market conditions and expected future performance. As always, investors must do their research and find out how to option trade before making…
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General Motors is Going Electric and I Am Buying
in Stock MarketThe premise of this purchase is as follow: March 3, Could This Be One Of The Top Electric Vehicle Stocks For 2021? General Motors is one of the legacy automakers benefiting from a shift from gas-powered to EV technology. With the news of GM’s new business unit, BrightDrop, they plan to sell electric vans and…
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Amazon.com: A great investment, a great service, and a great employer
Amazon.com as an investment I am a happy investor in Amazon.com, a happy client, and I think Amazon is a great employer. No, I wasn’t smart enough to buy Amazon when it was a small internet company operating from a garage, but I am smart enough to buy the S&P 500 index and and I…