OT: Stock and Investment Thread

RUTGERS95

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Ammunition and firearms are popping today, caught little POWW
case of 5.56 is selling for 700+
case of 308 ball is selling for over !.25/rd
22lr is selling is some places for .20/rd.

guns, crazy prices on some items

hope people bought cheap and stacked deep
 
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RU05

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ETH refers to ethereum which you can purchase through Coinbase or other app. ETHE is the Grayscale ethereum trust which tracks ETH but at a high premium.
ya the discussion which followed bore that out.

I was reading the comments which followed that article and there was some there saying the downward trend since mid Dec wiped out that premium. That might have been after Mondays trading when it was at $12, it's back up to $15, but still down from it's Dec high's which were around $25.

ETH has doubled since mid dec, ETHE was cut in half. Perhaps it starts to get in line?
 

bob-loblaw

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So what do you see as the best way to buy into ETH without actually buying ETH?
I would just buy the Ether token, ETH. They tech behind that blockchain is excellent and a lot of people are pouring money into, creating apps, tokens, games, etc. There's a ton of other tokens that run on that chain as well. Before you invest in any of them, look at their history and most importantly look at the max circulation. I know a ton of poeple who got burned in 17/18 chasing the "next bitcoin" and not realizing there is no scarcity and a trillion coins/tokens in circulation.
 
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RU05

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I would just buy the Ether token, ETH. They tech behind that blockchain is excellent and a lot of people are pouring money into, creating apps, tokens, games, etc. There's a ton of other tokens that run on that chain as well. Before you invest in any of them, look at their history and most importantly look at the max circulation. I know a ton of poeple who got burned in 17/18 chasing the "next bitcoin" and not realizing there is no scarcity and a trillion coins/tokens in circulation.
Ya not looking to chase the next bitcoin, but I'm into this ETH story you guys are telling.

I likely won't buy actual ETH though. ETHE, and maybe BITW sound interesting, but I'm still poking around.

Edit: Think I like ETHE as it's a pure play. Bitw is bitcoin heavy and with a moderate ETH weighting plus a bunch of other crypto.
 
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RUTGERS95

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I would just buy the Ether token, ETH. They tech behind that blockchain is excellent and a lot of people are pouring money into, creating apps, tokens, games, etc. There's a ton of other tokens that run on that chain as well. Before you invest in any of them, look at their history and most importantly look at the max circulation. I know a ton of poeple who got burned in 17/18 chasing the "next bitcoin" and not realizing there is no scarcity and a trillion coins/tokens in circulation.
good post

ETH will be 5k by end of May and possibly double by end of year. By 2025, I could see this thing with over 1 trillion in real value on this chain driving it BTC like pricing. DeFi is only going to increase
 
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toby83

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Ya not looking to chase the next bitcoin, but I'm into this ETH story you guys are telling.

I likely won't buy actual ETH though. ETHE, and maybe BITW sound interesting, but I'm still poking around.

Edit: Think I like ETHE as it's a pure play. Bitw is bitcoin heavy and with a moderate ETH weighting plus a bunch of other crypto.
opinion on Cardano/Ada? i'm a cypto newb, talk slow.
 

RU05

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Sliced about a third off of GBTC and put it towards ETHE.

So I diversified my crypto without adding to my overall crypto exposure.
 

T2Kplus20

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good post

ETH will be 5k by end of May and possibly double by end of year. By 2025, I could see this thing with over 1 trillion in real value on this chain driving it BTC like pricing. DeFi is only going to increase
How do you buy ETH? Via ETHE or some other way? I'm confused.
 

RU05

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On the block chain money flow front.

BTBT down 8%.
RIOT up 4.73%
MARA up 24%

Those are the bigger players that I know of.

BTCS a penny play was up 67%(on high volume). While LBCC was down 6.67%(pretty low volume).
 

RUTGERS95

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How do you buy ETH? Via ETHE or some other way? I'm confused.
sorry, was arguing about the patriots today and educating someone on the bonus rebellion, Athens TN etc etc

you can buy through coinbase, use as an exchange via paypal, many of the DEX (decentralized exchanges) have it, there is a merrill app, but you can also play in this space through your broker like robinood etc..
 

T2Kplus20

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Frida's Boss

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Thanks for posting. Large cap growth has been cooling for several months. Value, small caps, and some international markets are starting to pop. Could this be the trend for 2021?

Who knows? If he’s right, and he’s called each one in his career, no US market will escape the downdraft.
 
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RUTGERS95

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phs73rc77gsm83

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T2Kplus20

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Who knows? If he’s right, and he’s called each one in his career, no US market will escape the downdraft.
I've read enough to know value, EM, and small caps is where we will end up after the growth boom is over. Obviously, no idea on the actual timing, but growth has been soft lately. I'm going to relook at some of my 2021 allocations. The only account that we have EM and value is our IRAs (which account for about 15% of our retirement assets).

Once again, thanks for posting.
 

Frida's Boss

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I’m not saying things aren’t frothy. But this guy has called a bear market every year for 20+ years. If you listened to him you would be behind a buy and hold investor of the market (e.g., S&P).

if you listened to his calls, you’d have been early but would have done better than the markets, for sure, provided you revinvested post the drawdowns (mind, not bottom ticking, either). Yes, the period of underperformance leading up to the inflection points would be painful but ultimately rewarding.
 

T2Kplus20

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I’m not saying things aren’t frothy. But this guy has called a bear market every year for 20+ years. If you listened to him you would be behind a buy and hold investor of the market (e.g., S&P).
The big question is when does large growth finally run its course? As I mentioned above, growth has been soft for the past 3 months. The beginning of the end or just a temporary blip?
 

Frida's Boss

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I've read enough to know value, EM, and small caps is where we will end up after the growth boom is over. Obviously, no idea on the actual timing, but growth has been soft lately. I'm going to relook at some of my 2021 allocations. The only account that we have EM and value is our IRAs (which account for about 15% of our retirement assets).

Once again, thanks for posting.

Many will disagree, and that’s ok, but he’s one of the best and worth understanding his thoughts.
 
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RUTGERS95

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stop losses are important as is a healthy understanding of risk. Never risk what you are not prepared to lose. Whether it's 1k,10, 50k 200k you have to have loss measures
 
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RU05

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Will post this as a public service announcement. From one of the true great investing minds worth reading on the topic of overvaluation.

Ya, he's been saying this for a couple years.

Jeremy Grantham Calls "Epic Bubble" - Investing - The Finance Gourmet

"In June 2020, he mentioned investors moving to potentially 0% equities exposure." Who else here is up a ton since June?
 
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RU05

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At least for large cap growth stocks, there are some warning signs now. I definitely believe the market will go up nicely this year. It just may be in a different way than 2019 and 2020.
We've talked about it, and @RUTGERS95 says it just above, there are some spaces that are over priced, and even way over priced, but some spaces still look to be pretty cheap.

I think the link you posted the other day was better.
 
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Frida's Boss

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We've talked about it, and @RUTGERS95 says it just above, some spaces that are over priced, and even way over priced, but some spaces still look to be pretty cheap.

I think the link you posted the other day was better.

That guy knows a ton, and his message should be digested. Up to you to follow or not. He’s been right in every major bubble, albeit early but not too early such that his calls were wrong.
 

RU05

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applesktrack

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ha! i was looking at one of the body camera stocks earlier in week

Axon formerly taser did a great job pivoting from tasers to body cams. The money is in the cloud storage of the videos. Im gonna be looking into their financials soon but they are the biggest body cam company in police and id expect every cop to have a body cam by the end of bidens term.
 
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Frida's Boss

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I think the better message is, be prudent, take profits, sell when valuations get too high, be diversified.

This one if from 2012.

Jeremy Grantham: Train Wreck Spotter - CXO Advisory

well, he didn’t call a bubble then. Each time he has, though, he’s been accurate, which is why I posted the article. And you’ll excuse me for considering someone like Granthams opinion on overvaluation in higher regard than someone who first opened an e trade account in March.
 

RU05

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well, he didn’t call a bubble then. Each time he has, though, he’s been accurate, which is why I posted the article. And you’ll excuse me for considering someone like Granthams opinion on overvaluation in higher regard than someone who first opened an e trade account in March.
I wouldn't expect you too, it's all good, I was just providing some context on Grantham, he's often bearish.