Stocks

Adriano@10

Allenatore
Allenatore
Joined
May 22, 2004
Messages
7,812
Likes
116
Favorite Player
Oba
10 years of FIF
High risk high reward! A yolo stock as they say
Thats what i thought....
Well does not get more yolo then gme and amc but i doubt they have much room left to run. Clov and palantir have a similar fan base but dont necessarly share other caracteritics of AMC (i.e. lots of promoters and big short positions) Dm is another one that could get pumped easily imho. But again since the apes are lacking any logic it s really hard to identify the next yolo stock and once they ve taken off the risk/reward just does not seem right.
i guess the best yolo play that comes to my mind would be buying put options on either of these yolo stocks if you can. Yes shorting has been a bitch in this environment but they ll have to come down eventually, so if you can get short dated puts on the cheap i think that probably gives you the best risk reward ratio.
Also we just had two fed chairs coming out hawkish and asking for tapering which would be very favourable to short positions. That being said i dont think powell is ready to change course just yet.
Basically picking whats gonna be the next yolo/meme stock is impossible just like picking which fucken NFT will be sold for 100k next is basically impossible.

Also i have to mention OCO again imho worst case scenario is that it doubles from here but it has the potential to go 5x even from current levels.

Also ON s gonna IPO soon with the hype around it in the US and switzerland it might be that investors jump in without thinking even though valuation is way out there....(they want a 5 bio valuation with a rev for H121 of 316 and a NI in the single mio digits) While i would ever pay 10X revenue for a shoe company that probably has worse margins than nike and does not even grow much faster then them. I do think their a nae that could get hyped up they have all t takes. Plus i ve read quite some very enthusiastic articles about them with very few questioning the valuation.

In other news my YY yolo play is going terribly thus far... It s almost like i m a bad day trader ( I am a bad day trader and i know it i just cant resist the urge at times)
 
Last edited:

.h.

Part time Lazarus
La Grande Inter
Joined
Jun 8, 2005
Messages
25,131
Likes
1,055
Favorite Player
Inter1-0Wanda
Old username
browha
Forum Supporter
10 years of FIF
I have £180 in degiro from sold amc stocks. If I withdraw I have to pay tax. Anything I can lump them into? Not too worried about losing that. It's 180 from like £30. I've just had them sitting dormant for a few months now and need to do something with it
Uh how? The taxable transaction is the sale not the withdrawal.
 
  • Like
Reactions: MVD

Harpsabu

Allenatore
Allenatore
Joined
Jun 19, 2011
Messages
6,401
Likes
554
Favorite Player
Diego Milito
10 years of FIF
Thats what i thought....
Well does not get more yolo then gme and amc but i doubt they have much room left to run. Clov and palantir have a similar fan base but dont necessarly share other caracteritics of AMC (i.e. lots of promoters and big short positions) Dm is another one that could get pumped easily imho. But again since the apes are lacking any logic it s really hard to identify the next yolo stock and once they ve taken off the risk/reward just does not seem right.
i guess the best yolo play that comes to my mind would be buying put options on either of these yolo stocks if you can. Yes shorting has been a bitch in this environment but they ll have to come down eventually, so if you can get short dated puts on the cheap i think that probably gives you the best risk reward ratio.
Basically picking whats gonna be the next yolo/meme stock is impossible just like picking which fucken NFT will be sold for 100k next is basically impossible.

Also i have to mention OCO again imho worst case scenario is that it doubles from here but it has the potential to go 5x even from current levels.

Also ON s gonna IPO soon with the hype around it in the US and switzerland it might be that investors jump in without thinking even though valuation is way out there....(they want a 5 bio valuation with a rev for H121 of 316 and a NI in the single mio digits) While i would ever pay 10X revenue for a shoe company that probably has worse margins than nike and does not even grow much faster then them. I do think their a nae that could get hyped up they have all t takes. Plus i ve read quite some very enthusiastic articles about them with very few questioning the valuation.
I think I'll go oco then, thanks!!
Uh how? The taxable transaction is the sale not the withdrawal.
What!? I thought it was when the funds were withdrawn. Fuck

Looks like I didn't spend or earn tmenough to pay tax anyway thankfully. Just did a calculation through gov.uk. That's a relief
 
Last edited:
  • Like
Reactions: MVD

Black Knight

Capitano
Capitano
Joined
Jul 11, 2014
Messages
3,004
Likes
415
Favorite Player
#3, #4
Forum Supporter
5984.jpg
 

Adriano@10

Allenatore
Allenatore
Joined
May 22, 2004
Messages
7,812
Likes
116
Favorite Player
Oba
10 years of FIF
I think I'll go oco then, thanks!!
Just know that it s very volatile....so you gotta keep calm nerves

Edit: Also there is the possibility that it s all BS and the independent labs are payed of and the historical drilling is fake ( i dont think so but i cannot tell 100%)
Especially not now days when people get away with rolling a truck down a steep hill while claiming it s driving and still raise millions.
What!? I thought it was when the funds were withdrawn. Fuck
H. is right but there are some jurisdictions where a cap loss can offset a taxable cap gain although they both have to be realized....
So in those jurisdiction a yolo play could basically either offset your tax liabilities if you loose or you re gonna increase the taxes you ll have to pay but you ll also increase your profits, so if your in one of those situations a hailmary might stil make sense if your after ta profits are small enough.
Not familiar enough with the tax codes outside of Switzerland so i m not sure if this applies to you.
 
Last edited:
  • Like
Reactions: MVD

.h.

Part time Lazarus
La Grande Inter
Joined
Jun 8, 2005
Messages
25,131
Likes
1,055
Favorite Player
Inter1-0Wanda
Old username
browha
Forum Supporter
10 years of FIF
I think I'll go oco then, thanks!!

What!? I thought it was when the funds were withdrawn. Fuck

Looks like I didn't spend or earn tmenough to pay tax anyway thankfully. Just did a calculation through gov.uk. That's a relief
nah. All tax is liable on the events.

Invest inside an ISA in future. It's tax free.

Bear in mind in the UK you have capital gains allowances of like £11k? So you might not be tax liable anyway.

Capital losses can be offset in the UK against capital gains, but as you say, needs to be crystallised.
 
  • Like
Reactions: MVD

.h.

Part time Lazarus
La Grande Inter
Joined
Jun 8, 2005
Messages
25,131
Likes
1,055
Favorite Player
Inter1-0Wanda
Old username
browha
Forum Supporter
10 years of FIF
well, pretty pleased with my snowflke investment so far after a bad 2nd day.
 
  • Like
Reactions: MVD

Adriano@10

Allenatore
Allenatore
Joined
May 22, 2004
Messages
7,812
Likes
116
Favorite Player
Oba
10 years of FIF
So finally even powell comes around and says it s time for tapering, he does not give a specific timeline but hints that it will still happen this year i m expecting october.
A bit strange how markets reacted thus far, as in they did not, even thogh yesterday when tapering talk emerged from other fed chairs the market pulled back...
Might be one last hurray might be that we re at a point where nothing really maters.

Then again after reading his full remarks he was a lot more acomodating than bullard was yesterday so i guess thats what gives markets hope that tapering is still some time away.
 
Last edited:
  • Like
Reactions: MVD

brehme1989

La Grande Inter
La Grande Inter
Joined
Jan 17, 2005
Messages
26,179
Likes
2,074
10 years of FIF
Most Serious Member
Most Stubborn Poster
My Affirm stock is becoming like gold.

My formerly shit Katapult stock has...catapulted back to buying price and looks more promising.

Waiting for SoFi to take off now.
 
  • Like
Reactions: MVD

junkie

Capitano
Capitano
Joined
Jun 21, 2011
Messages
1,259
Likes
87
Favorite Player
Ronaldo&Vieri
10 years of FIF
so you guys actually makeing some money out of stock trade or is it like small investing for fun?
 
  • Like
Reactions: MVD

brehme1989

La Grande Inter
La Grande Inter
Joined
Jan 17, 2005
Messages
26,179
Likes
2,074
10 years of FIF
Most Serious Member
Most Stubborn Poster
so you guys actually makeing some money out of stock trade or is it like small investing for fun?

For some it's the main source of income, for others it's a side venture, for some it's just speculative activity.

I wouldn't follow what we're saying if you don't know what your position is and understand how risky it is to actually make sufficient revenue from this, meaning that you don't end up putting money you need and end up reducing it by a couple of bad bets.
 

.h.

Part time Lazarus
La Grande Inter
Joined
Jun 8, 2005
Messages
25,131
Likes
1,055
Favorite Player
Inter1-0Wanda
Old username
browha
Forum Supporter
10 years of FIF
I dont use it as amain source of income but for wealth building for retirement etc. On the last 12 months considering taxes I've probably made more investing than from my salary but that's not my expectation of a normal year.
 

Black Knight

Capitano
Capitano
Joined
Jul 11, 2014
Messages
3,004
Likes
415
Favorite Player
#3, #4
Forum Supporter
I started when Covid happened, and at the moment I've doubled my investments across my whole portfolio.

Shame I only put in $300 in total :yao:
 

junkie

Capitano
Capitano
Joined
Jun 21, 2011
Messages
1,259
Likes
87
Favorite Player
Ronaldo&Vieri
10 years of FIF
For some it's the main source of income, for others it's a side venture, for some it's just speculative activity.

I wouldn't follow what we're saying if you don't know what your position is and understand how risky it is to actually make sufficient revenue from this, meaning that you don't end up putting money you need and end up reducing it by a couple of bad bets.
it is more of a curiosity question as I sometimes open this thread and read your experiences and opinions...
I started when Covid happened, and at the moment I've doubled my investments across my whole portfolio.

Shame I only put in $300 in total :yao:
I was thinking of it as well, to start with some small amount but I never did but would like to, just to be in `the game` and learn about things...
 
  • Like
Reactions: MVD

brehme1989

La Grande Inter
La Grande Inter
Joined
Jan 17, 2005
Messages
26,179
Likes
2,074
10 years of FIF
Most Serious Member
Most Stubborn Poster
If you want some skin in the game, but don't want to get too stressed about knowing stuff, best course of action is to identify 4-5 ETFs of different sectors (usually recommend financials, robotics, healthtech, minerals) as well as 2 indices (SP500, NASDAQ) and chip in whatever you want to save each month onto them.

So if you're saving 10% of your income every month, just either put the entire amount on one of these or distribute the amount between them and try to have a similar inverted amount, or decide whether you want to have more SP exposure.

The earlier you do this and make it a habit, the better.
 
  • Like
Reactions: MVD

junkie

Capitano
Capitano
Joined
Jun 21, 2011
Messages
1,259
Likes
87
Favorite Player
Ronaldo&Vieri
10 years of FIF
Well that's the problem as I don't think it's smart/safe to pump my savings from each month to something so risky, and I am aware of no risk no reward, but still,
I think I will make some more research on how things work with trading before deciding to do so, I am just mad I didn't already do it...
 

brehme1989

La Grande Inter
La Grande Inter
Joined
Jan 17, 2005
Messages
26,179
Likes
2,074
10 years of FIF
Most Serious Member
Most Stubborn Poster
Well that's the problem as I don't think it's smart/safe to pump my savings from each month to something so risky, and I am aware of no risk no reward, but still,
I think I will make some more research on how things work with trading before deciding to do so, I am just mad I didn't already do it...
What I've mentioned is not risky. There are risks involved, but these are not volatile and are considered to be very conservative options. ETFs on robotics etc not so much, they're more speculative, but essentially after you have some wealth into the standard indices you can slowly incorporate some more aggressive and speculative industries via ETFs as you'll want to bet on some industries of the future etc.

The "no risk" option is to get sovereign bonds from the USA as there's "no chance" of the USA defaulting. But you're not going to see much growth with those.
Bonds are not very accessible to retail clients, especially corporate ones, so ETFs is the safest choice out there.

If you're going for listed company stocks, make sure you understand valuations to a basic degree but most importantly the pricing and timing of the buy.
 

Adriano@10

Allenatore
Allenatore
Joined
May 22, 2004
Messages
7,812
Likes
116
Favorite Player
Oba
10 years of FIF
so you guys actually makeing some money out of stock trade or is it like small investing for fun?
For me this is my job......
Also on everything else what brehme said ETFs are the way to go for retail who have little knowledge of finance. Just beware as there are some ETFS have too much exposure to Bubbe stocks(ark). But if you buy a broad index your risk is minimal even if you buy in at elevated prices. SP 500 averages +/-10% which imho currently is a bit skewed to the high end.... But if your horizon is long enough even if we assume that we re in a bubble now you ll probably still average around 8% thats the beauty of broad indexes.

Also dont take what happened in the last year as a bench mark....... The returns we ve seen in the last year+ are abnormal and a reversal towards the mean is expected.

Edit in other news amazon loses 25 mio/day in the us alone due to package theft... That seems like an insane number
 
  • Like
Reactions: MVD

Javier'sSon

Allenatore
Allenatore
Joined
Oct 11, 2015
Messages
5,537
Likes
420
Favorite Player
Bastoni
I started when Covid happened, and at the moment I've doubled my investments across my whole portfolio.

Shame I only put in $300 in total :yao:
All I see on my portoflio is red :cool:

Like you I haven't put much (around 4k perhaps, much more than you but still a small amount) my next step is to try/figure out options because hey they seem like a fun way to lose monies.
 
  • Like
Reactions: MVD
Top