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
Tag: stock market
Next Financial Crisis?
With the stock market constantly making new highs, for the 8th year and counting, there is a lot of discussion online about when the next financial crisis will be. Based on the evidence, the next financial crisis will not be for a long time. As measured by low interest rates and strong corporate profits &… Continue reading Next Financial Crisis?
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 5
Edit: Part 3 contained a mistake in the integration that has been fixed Part 4 discusses the allocation and the past performance of the strategy. In the fifth and final section, I’ll show how to place the orders. To recap, the the method involves using 50% of the capital to short TMV and the other… Continue reading Post-2008 Wealth Creation: A Guide, Part 5
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