Stock Market Q&A

All over social media, on Reddit, and elsewhere, everyone is talking about the stock market crash. I keep seeing headlines about the Dow having its ‘worst day ever’ (ignoring the fact that percentage-wise 1000 points is not that much). The S&P 500 is down about 10% in the past two weeks, making this the steepest… Continue reading Stock Market Q&A

Post-2008 wealth creation boom: recap and why it will continue

Over and over again, this blog keeps being right: -right abut tech stocks (especially, Facebook, Google, and Amazon stock (Gnon index), all of which keep going up) -right about Bitcoin (been long since early 2013) -right about the post-2009 economic expansion and bull market (now in its 8th year, and will be the longest ever)… Continue reading Post-2008 wealth creation boom: recap and why it will continue

James Altucher’s Top 1% Advisory Report Review (Don’t Bother)

There has been some recent discussion about ‘James Altucher’s Top 1% Advisory Report’, which purportedly grants its subscribers access to the same lucrative investments ‘elite’ investors use. Top 1% Advisory, a hugely popular new research letter Each month, multimillionaire investor James Altucher shows you how to make 100% to 500% gains… on the best ideas… Continue reading James Altucher’s Top 1% Advisory Report Review (Don’t Bother)

The FOMO Stock Market

Form The Reformed Broker: Why Bull Markets Make Everyone Miserable There’s also performance envy, fear of missing out (FOMO) and a whole litany of cognitive issues revolving around whether or not each of us has received our fair share of the bull market. Spoiler alert: No one thinks they have, regardless of how much they’ve… Continue reading The FOMO Stock Market

Gnon Index (turning $10k into $95k)

Amazon, Facebook, and Google stock individually have far out-paced the S&P 500 since Jan. 2013: And when combined (each weighted 33% in the portfolio and re-balanced annually), is up over 200% vs. just 60% for the S&P 500: Investing $10,000 and using 3-1 leverage such as by using options would have turned into $95,000 in… Continue reading Gnon Index (turning $10k into $95k)

Right Again: Tech Companies Keep Posting Blowout Earnings

Over and over again, I keep being right. In mid-2015, in the article Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst, I wrote: But I am pessimistic about the hardware unicorns (Fitbit, Skullcandy, GoPro, Jawbone) as opposed to the app/website ones, so It’s not like I am emphatically bullish about everything, and these hardware… Continue reading Right Again: Tech Companies Keep Posting Blowout Earnings

Post-2008 Wealth Creation: A Guide, Part 4

This is the penultimate installment of the post-2008 wealth creation guide. In part three, I discussed shorting inverse leveraged funds like SPXU and SPXS, which are 3x inverse versions of the S&P 500. As of 7/20/2016, SPXU is trading at 23.50. Shorting $10,000 worth would require shorting 425 shares. If it drops 20% to $18.8,… Continue reading Post-2008 Wealth Creation: A Guide, Part 4

Post-2008 Wealth Creation: A Guide, Part 3

I intend to make good on my promise of an investing strategy. In part one, I discuss how we’re in a ‘winner take all’, ‘bigger is better’ economic environment dominated by large entities – be it multinational corporations, large content providers, the S&P 500, and the treasury bond market itself. The investment strategy described here… Continue reading Post-2008 Wealth Creation: A Guide, Part 3