Stocks

Ziyad said:

Which app do u guys use to buy and sell?

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Swissquote but since most of us are in different countries i doubt you ll have the same options as brokers/banks usually need separate approval in every jurisdiction.

My tip as always just go with the cheapest one that offers live quotes.Most data needed for research can be found on other websites anyways.

On another note the FOMC was released yesterday quite interesting read and gives you a hint about future rate cuts here s a link: https://www.federalreserve.gov/monetarypolicy/fomcminutes20190731.htm?mod=article_inline

and hers a recap that is a bit easier to read: https://www.wsj.com/articles/fed-of...te-cut-as-recalibration-of-policy-11566410545

Never been into stocks nor cared about them but I'm starting to seriously consider getting into it just from the wealth of information you guys provide here, feels like I'll get a jump start to it.

My 2 cents: diversify and don't do anything illegal.

Carry on gents

ChillBro said:

My 2 cents: diversify and don't do anything illegal.

Carry on gents

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Speaking about diversification i started to invest in two P2P lending platforms one is lend.ch the other is mintos and i m very pleasantly surprised by both of them. Since i hate unproductive money and i ve exited a lot of my stocks i wanted to try this as an alternative and i m doing it for +/- 2 months now and i have to say i m quite impressed especially with mintos dont get me wrong lend.ch is also nice but rates there are 3-5% while on mintos you easily earn 10% per year eve if you only invest in loans with buy back guarantees. So basically now i moved all the money i had in lend.ch to mintos.
The nice thing is that you get your return when the lender makes his payment so it s pretty easy and fast to reinvest and compound your earnings.
Only thing scary about mintos is that most loans are in eastern europe or some other developing countries, but again i always got my money back even on the few loans that were not repaid by the lender the company that gave out the loan paid me back my money plus outstanding interest. I tried almost everything on mintos as in i paid out some money to my self and that worked fine i tried the auto invest and it worked fine and even doing the investments my selfe worked quite well even though it takes a lot of time to scan through all the loans.
Imho sites like that are a nice alternative for people like me who think that markets are overheating and who dont just want to hold a pile of unproductive cash on the side.
That being said i have this idea of complete diversification for some time now as in be invested in as many different assets as possible to one day not have to worry about reshuffling the investments when things are about to turn sour cause if your already diversified enough once one investment tanks another one will make up for it or atleast keep you afloat till what ever tanks recovered.


On a stock market note china just announced tarifs on 75 bio of us goods mainly cars which sent dow S&P and Nasdaq futures into the red.
Also the jackson hole meeting by the fed and powells speech this afternoon could give us some new clues as to where we re heading. Same could be said about the G7 Meeting in biarritz even though it will only officially start tomorrow.

EDIT: and ofcourse number 45 takes to twitter after the china anouncement and stocks fucken tank.

Adriano@10 said:

Thats what i m not sure about i think netflix has quite the big lock in factor so i dont expect many to cancel their subscriptions of netflix and switch to disney. Especially not millenials.

Also at the price of 6.99$ i m not sure if disney is not ruining it s margins, especially if new movies are added at release date.
I mean netflix is struggling with profitability at a higher price so i dont think it s gonna be that easy.

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https://www.macrumors.com/2019/08/24/disney-plus-4k-content-4-streams-6-99-a-month/

I've been reading some articles tipping this stock Petropavlovsk. Anyone heard about them? Fairly cheap share price

Harpsabu said:

I've been reading some articles tipping this stock Petropavlovsk. Anyone heard about them? Fairly cheap share price

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Not an expert on them but i always find it difficult to value mining company as in imho most of the time their stockprice depends more on the value of the goods they are mining then on how good the company is run. WIth gold being at a 6 years high i doubt it s a great time to get in unless you expect a maor downturn which should lead to another spike in gold prices.
That being said i might be off and they bought some new mines or one of their subsidiaries is performing amazing but i would not bet on that.
Like from a quick glnce at their financials i would not call them a no brainer especially if the gold price goes back down.

Anyone going to be using Revolut for US stocks?

Take your chance and put it on Aurora/Canopy while you have it.

brehme1989 said:

Anyone going to be using Revolut for US stocks?

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Are they even offering access to stocks?
On their site they only make it look like crypto and currency trading is possible through them.
Would be interesting though if they could offer you real time access to the most important exchanges.
Anyways are you guys using different banks for different markets? Curios because you ask specifically for us stocks.

Also btw i would still stay on the side line despite the fed yesterday lowering rates we stil have very mixed economic signals coming in and most leading indicators are pointing to a slow down/recession while the lagging ones are still telling us everything is good.
So imhoo unless you found that great amazing investment i would atleast wait till we know a bit more about brexit before jumping back in the game.

Also i love CC s dedication to the weed market.

Adriano@10 said:

Also i love CC s dedication to the weed market.

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I've already made money from the weed market. I'm just telling you guys so you can too. I'm not letting this chance slip by me. The worst case scenario is that it dips a bit more but the nice thing about it is you can also think longterm so if it fucks up then just relax and sit back while it goes up again.

Candreva Crosses said:

I've already made money from the weed market. I'm just telling you guys so you can too. I'm not letting this chance slip by me. The worst case scenario is that it dips a bit more but the nice thing about it is you can also think longterm so if it fucks up then just relax and sit back while it goes up again.

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Bro i totaly agree with you i m pretty sure i was the first to mention Canopy n here and i got the majority of my Canopy stake when they were trading at around 10 CAD so i m just sitting back and waiting as currently my stake is still up over 300% even after the recent downturn.

Anyways my point was more that a lot of the people who came a bit later to the party are panicking when ever one of the big three misses guidance or expectations. While you just take it easy and look at it as an opportunity which imho is the right approach if you invest in new markets that you are convinced off.

Adriano@10 said:

Bro i totaly agree with you i m pretty sure i was the first to mention Canopy n here and i got the majority of my Canopy stake when they were trading at around 10 CAD so i m just sitting back and waiting as currently my stake is still up over 300% even after the recent downturn.

Anyways my point was more that a lot of the people who came a bit later to the party are panicking when ever one of the big three misses guidance or expectations. While you just take it easy and look at it as an opportunity which imho is the right approach if you invest in new markets that you are convinced off.

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Well, those who are panicking should read a bit more about the market and get more information. Last time I invested I earned 50% and this time I won't sell until atleast I get back 75%.

Btw, good job. 300% :fuckyea:

Revolut only offers US stocks. That's why the question was specific.

Very low costs as well and Revolut also offers the best FX rate in the world or something, so for a non-sophisticated investor who just wants a cheap execution venue it feels like an ideal place. Or for a complete novice as well.

these repo rates panicks are scaring me

Pimpin said:

these repo rates panicks are scaring me

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Very much so and there is no end in sight they just prolonged it till the 10th of october.But i ve been saying it for some time now that more than one indicator even in the US economy is pointing towards a slowdown/ recession.
Except for lagging indicators(consumer spending) most are pointing to a slow down even in the US. What i m really afraid of is wtf is gonna happen if a recession hits and the fed is already doing QE and already having very low interest rates.

Like i d much rather have had the fed not cutting rates recently cause the econ data was still good it was slowing down sure but there still was job growth/income growth and gdp growth so why the fuck did they have to overreact to stocks taking a nose dive after the last time they raised rates?

And then you have a guy in charge of the country who when you read his tweets and his econ rational he clearly understands nothing of it.
Also germany basically falling into a recession recently does not make me more relaxed.

Basically.. everything you said..

Then you have these fucking trade war shit going on, and the looming socialist/populist threat, there may be some horrid implosion

That mother fucker had to go to the UN and say that globalization is dead!!! Turned what was an ok day on the markets into an absolute disaster thanks america!

what does he even mean by globalists? that shit was used by commies to stop trade deals, now its used by him

Pimpin said:

what does he even mean by globalists? that shit was used by commies to stop trade deals, now its used by him

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No idea but it was scary to hear a president of the us talk like that, and the way he directly addressed china and more or less told em to fuck off was even scarier. Pretty much took away my hopes of them finding a Trade solution within the next 12 months.

I guess my money is flowing to low risk bonds for the time being. Also i m not to sure what i should make of the great sales numbers of nike in china now, as in is it sustainable in such an environnement?