Daily Advice Thread - All basic help or advice questions must be posted here. Investing |
- Daily Advice Thread - All basic help or advice questions must be posted here.
- Millionaires of Reddit, how did your net worth grow by year and age?
- The first 100k
- To all stock pickers currently holding TSLA
- I just downloaded TikTok and WOW those kids are going to learn some tough lessons on their investing journeys
- Darktrace: An upcoming IPO shadowed by the $10 Billion HP Autonomy scandal
- 2021 will be an unforgettable year for uranium investors (15 powerful catalyst that are in place)
- When do you average up?
- I'm thinking of putting 100% of my holdings in ARK funds
- J.P. Morgan 2021 outlook
- What is the difference between r/investing and r/stocks?
- 20% down or 10% down payment for house...
- Turtle Beach (HEAR): Strong Growth, Cheap Valuation
- Is the supply of "Bitcoin" actually finite?
- Confused about P/E ratio
- What’s the easiest way to buy US stocks if I live in Europe?
- Opening a Roth IRA today at 18, advice?
- Should I start investing this month?
- Low risk long term stocks to invest in
- Chamath VS Cathie Wood. Who do you trust more with your money?
- Looking for feedback on my Schwab ETF distribution
- What’s the best growth stock etf/mutual fund?
- What newsletters or blogs do you follow to keep up with the industry?
- Why There Won't Likely Be A Monetary Bubble
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 04 Jan 2021 02:00 AM PST If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! [link] [comments]  |
| Millionaires of Reddit, how did your net worth grow by year and age? Posted: 03 Jan 2021 06:04 PM PST How has your wealth grown throughout the years and what were the major contributing factors for the increase in wealth? What were the biggest surprises you faced? I just started a net worth tracker yesterday and I am very interested in seeing it grow (hopefully) throughout the years! Edit: Thank you for the words of wisdom and my first ever awards! I never knew this would get so much traction. I have enjoyed reading and catching up with all the comments! [link] [comments]  |
| Posted: 03 Jan 2021 08:13 PM PST I was reading a post about how those among us have accumulated 1 million dollars. And several people mirrored the same sentiment that "the first 100k is the most difficult". It makes sense that it would be the most difficult because of having a lower income earlier in your investing career. And that you would have more debt on average during this time. Not to mention inexperience with investments, or being able to take advantage of compound interest. I wanted to hear from others on what pitfall Simeon might face in aims of getting to their first 100k (out of many hopefully). And maybe some advice on positive steps one might not think of. Thank you, currently at 60k and looking upward. [link] [comments]  |
| To all stock pickers currently holding TSLA Posted: 03 Jan 2021 01:18 PM PST TSLA continuing on an upwards trend forever is the easy way for this to all play out. That's a simple win. I, on the other hand, want to see how deeply people have thought about their asset allocation if things were suddenly different.
I am interested in discussion that's focussed more on people's outlook & planning. [link] [comments]  |
| Posted: 03 Jan 2021 09:21 PM PST Almost all "investing advice" are just get rich quick mania advice. Very few tiktoks explain compound interest or index fund investing. Most commonly recommended stocks are all super high IV stocks like NIO, PLTR, QS etc. I may have seen 50 tiktoks saying to invest in Dogecoin and that it'll go to $1 a coin. People think that Bitcoin is going to straight shot to $400k and replace gold without any corrections. Almost all the tips on real estate investing is solely wholesaling. No advice on how to secure an FHA loan on a rental property and refinancing etc. There were diamonds in a rough but very few. I hope kids aren't going all in on Dogecoin thinking it'll 100x. Times are changing though and maybe this is signaling a shift in investing overall in the future. Time will tell, I don't want to sit here and say they're dumb because that would be ignorant. What do you think we can learn from this? [link] [comments]  |
| Darktrace: An upcoming IPO shadowed by the $10 Billion HP Autonomy scandal Posted: 03 Jan 2021 02:29 PM PST While researching Darktrace's rumoured all but confirmed upcoming IPO I began by looking at whom the executive team were, with this research I've come across a few interesting red flags regarding the executive team and those who funded the company which I think would be of acute interest to anyone looking to invest in Darktrace once it does go public. This post will very briefly go into each of the executive team members listed on Darktrace's website and will point out their strong links to HP Autonomy which was embroiled in an accounting scandal in 2011 that resulted in $8.8B being written off the company after it was acquired by HP, the lawsuits for which are ongoing. ----------------------------------------------------------------------------------------------------------------------------------------------- Executive Team:Poppy Gustafsson - Chief Executive Officer (Previously CFO & COO @ Darktrace) Gustafsson has held a position of Assistant Manager at Deloitte, the accounting/auditing firm who were fined £15M for its audit of HP Autonomy that contained "serious and serial failures". Gustafsson has also held a Corporate Controller position directly in Autonomy. Cathy Graham - Chief Financial Officer Graham appears to be one of the few executives that have no connection to HP Autonomy. She has overseen the successful IPO of 2U Inc (NASDAQ: TWOU) and her presence in the company appears to give some valid legitimacy. However, she has only been with Darktrace since February 2020 so make of that what you will. Jack Stockdale - Chief Technology Officer Stockdale has held a position of Technical Director at Autonomy. Also mentioned to be a co-founder of Darktrace by Gustaffson Eloy Avila - Chief Technology Officer Avila has held extensive posts at Autonomy from 2004 - 2014. Nicole Eagan - Chief Strategy Officer, AI Officer (Previously Co-CEO w Gustafsson) Eagan was Chief Marketing Officer at Autonomy between 2005 - 2012. Emily Orton - Chief Marketing Officer Previously EU Marketing Manager at Autonomy Nick Trim - Chief Revenue Officer Trim is another executive who does not appear to have held any positions at Autonomy, although he does have strong connections with intelligence agencies and has been with Darktrace since the early days of the company and was mentioned to be a co-founder by Gustaffson. Mike Beck - Global CISO No apparent connections to Autonomy, has been with Darktrace since 2014 and has strong connections with the UK Government. Dave Palmer - Director of Technology Again no apparent connections to Autonomy, has been with Darktrace since 2013 and has strong connections with the UK Government. Al Martin - SVP, Customer Success Little public information of interest to be found in my quick search. ----------------------------------------------------------------------------------------------------------------------------------------------- To add to all this one multiple others who were directly responsible for the HP Autonomy scandal including Mike Lynch and Steve Chamberlain (both have been criminally charged for fraud) have a MAJOR influence in Darktrace to this day with Mike Lynch's venture capital firm Invoke Capital being the first and biggest investor in Darktrace along with Chamberlain holding the position of Operations Manager at Darktrace. In conclusion; all this puts some serious red flags for me on a company I initially had a very positive outlook on. HP Autonomy was involved in one of the largest accounting fraud cases and much of the individuals behind Autonomy are the same ones behind Darktrace with a few others mixed in. ----------------------------------------------------------------------------------------------------------------------------------------------- A few articles of interest on this subject which has been covered a fair amount: Forbes: Skeletons In The Closet: $2 Billion Cybersecurity Firm Darktrace Haunted By Characters From HP's Failed Autonomy Deal Buisness Insider: Meet the power players at $1.7 billion cybersecurity giant Darktrace, which is thought to be preparing to IPO Sky News: Goldman snubs £2bn Darktrace float amid Lynch extradition battle [link] [comments]  |
| 2021 will be an unforgettable year for uranium investors (15 powerful catalyst that are in place) Posted: 03 Jan 2021 04:32 AM PST The last few months have been quite eventful for uranium investors, with shares of companies all across the sector appreciating in value substantially. There have been many reasons why this is the case and it feels different to just being strong seasonality. Below are 15 'first time' things to look out for in this sector to start the year with, with full credit going to John Quakes (@quakes99 on Twitter), a retired earth sciences researcher, professor, analyst, writer and one of the best public sources for news about the uranium sector. I share his view that 2021 will prove to be an incredible year for the uranium sector and subsequently for anyone invested in it. Now, onto the aforementioned 'first times': First time entering a new year with uranium already in a record supply deficit, which is set to deepen further with 2 major mines permanently closing this year in Australia and Niger (~7 million pounds, gone). At the same time, demand for nuclear energy has remained strong throughout the COVID-19 pandemic and continues to grow in a global shift to decarbonize industry dependent on fossil fuels. First time that Cameco, the world's 2nd largest producer, has begun a new year with every one of its uranium mines in Canada shut down. Both of the world's 2 largest uranium mines are under care and maintenance, resulting in zero lbs being produced in Canada as we enter 2021. The US is also producing zero lbs while Kazakhstan's production is at a multi-year low that is likely to continue thru 2022 under the nation's current flex-down program and pandemic related mining disruptions. All uranium mines in the Ukraine have also been shut down due to the inability of the mine operator to pay the wages of 5000 mine workers. Fist time that at least 3 of the world's largest uranium producers are forced into buying uranium on the spot market. Cameco is now the largest spot market buyer in the world. World's largest producer Kazatomprom is now also a spot buyer, as is French Orano given that heir Canadian mills are suspended and their Cominak mine in Africa is heading for closure in March. Inventory held by the world's largest uranium producers is at rock bottom levels for the first time ever and in need of replenishment this year. First time the US has taken steps to support its domestic uranium mining industry by establishing a strategic uranium reserve, a 10 year buying program (1.5 billion dollars total) whereby the US government will purchase, convert and potentially enrich US mined uranium to create an emergency supply for US reactors. Goal is to ensure at least 2 US uranium mining companies remain active and viable during this time when the commodity price of U3O8 is half the cost of production. First time in several decades that there is strong bipartisan support in the US to rebuild the existing nuclear energy industry and manufacture a new generation of advanced reactors on a global scale, which is seen as a high priority in order to catch up with Russia and China who have become the new world leaders in nuclear energy. First time that uranium equities have entered a bull market when there is an actual supply deficit. The last bull market saw the price of uranium skyrocket on mine floods and other events that created the 'fear' of a supply deficit on the horizon, at a time when the US-Russia Megatons to Megawatts program was still continuing to supply 20m lbs per year to US nuclear utilities, a program that continued until 2021 as the world's largest virtual uranium mine. First time that a new year begins with spot market supplies significantly depleted. Supply accessible to carry traders has been severely reduced. Kazatomprom no longer sells any lbs into the spot market and Orano's supply from Canada and Niger is at a record low level, pushing nuclear utilities to secure new long term contracts with producers rather than entering into shorter term contracts with carry traders. Security of supply is a top priority of utilities (whose inventories are estimated to be around 2,5 years' worth of supply, when the guideline is to never let it drop below 2-3 years given the long time it takes to enrich and deliver the fuel to the reactors). First time that US and European nuclear utilities have begun a new year with inventories drawn down below usual safety margins at the same time that mines supply is in a record deficit and global uranium production is at its lowest level in 12 years. The new 2020 IAEA/NEA uranium Red Book projects that secondary supplies will fall in the future as an overdue utility inventory restocking cycle begins, due to higher levels of contracting, conversion and enrichment that will reduce underfeeding as facilities see their utilization rates rise. First time in several years that there are no geopolitical overhangs holding back the uranium contracting plans of US and European nuclear utilities. There are no potential section 232 actions targeting uranium imports and no sanctions likely against UUN participants (Russia, China, UK, Germany, France) in the JCPOA Iran Nuclear deal. Russia and the US have successfully negotiated a 20-year extension to the Russian Suspension Agreement that will see the US imports from Russia decline over the coming 2 decades. The incoming US administration supports keeping nuclear power plants running and plans to immediately rejoin the Paris Climate Accord, pushing for global net zero emissions by 2050, a process in which nuclear energy will play a major role. First time that nations around the world will be recovering from a global pandemic with massive infrastructure spending programs that include boosting nuclear capacity to achieve net zero carbon emissions goals. A new 'nuclear renaissance' is beginning to take shape on pandemic recovery spending to boost clean energy. The perception of nuclear energy is also changing to that of a safe, reliable, necessary baseload power source that fits with an emerging ESG investing model. Decarbonization has become a new buzz word in the global vocabulary. The 'electrification of everything' from cars, buses, trucks and trains to major industry is the new global target. Sustainability of so-called renewables solar and wind is now being called into question after failures by Germany and California to successfully transition to an economy powered by intermittent energy sources. Higher electricity prices, no net carbon emissions reductions and rolling blackouts have demonstrated how 'renewables' are not able to fulfill their early promise. This might change with new battery technology and better implementation, but we are nowhere near that point yet. First time that uranium stocks are entering a new year on the heels of one of their best performance years since the last bull market. The U3O8 spot price is still one-half the global average cost of production that will incentivize new mines to be built this decade. This signals to investors that we are still at the opening pitch of the first inning of a long game yet to play out. A necessary doubling of the U3O8 commodity price is yet to come. First time that Canada has begun a new year embarking on a small modular reactors build-out program with several provinces pledging to deploy SMR's to power remote communities, mines and industrial heat applications in the energy industry. First time that nuclear is being viewed as the ideal carbon free high-temperature power source to produce clear hydrogen fuel. US, Russia, Japan and others are looking to leverage their existing nuclear power capacity to produce hydrogen and build high-temperature SMR's to optimize the use of emissions free nuclear to produce zero emissions hydrogen. First time in decades that there is an emerging surge in acceptance of nuclear of nuclear energy as necessary to achieve zero carbon emissions goals, with countries like the Netherlands looking to add more capacity after conducting studies showing nuclear is safer and cheaper than variable renewable energy. First time I can recall one of the leading nuclear fuel consultants UxC reporting to their subscribers that uranium is in a 57M lbs mined supply deficit, that utility and supplier inventories are "declining at a rapid rate" just as global fuel demand growth is accelerating, a clear signal that a bull market is getting underway. TLDR: with all the catalysts that are in place, I am of the firm believe that uranium related equities, namely the developers and explorers, will offer returns that will outperform any other broad investment asset class/sector in the market. This is a bold claim to make, but I can't see any other opportunity that offers even close to the same risk vs reward the uranium sector offers. Read my other posts on the subject to get an idea of what companies you might want to look at and to get an answer to any question you might have. Good luck and here is to a great new year! [link] [comments]  |
| Posted: 04 Jan 2021 03:14 AM PST I see posts/comments from people who've been investing a long time (in Apple since 40, in MSFT since 60 etc) and I wonder if you guys have consistently averaged up over time or just let the stock ride. If I want to keep my winners and let them grow, when should I add in? (For ex, add when the stock is up an x percent? Just DCA?) [link] [comments]  |
| I'm thinking of putting 100% of my holdings in ARK funds Posted: 03 Jan 2021 09:14 PM PST I'm thinking of putting 100% of my holdings into ARK funds from the other index funds. The reason is that so many companies that are part of index funds I have no faith in and are infact contrary to my own investment beliefs. Investing in an index fund is like investing in Netflix but simultaneously investing in Blockbuster. You are just hurting yourself. It seems to make more sense to diversify with other assets that actually match your investment outlook rather than bet against yourself just to lower your own returns. Anyone else have similar thinking? I'm thinking allocating my investments like this: ARKG - 50% ARKK - 40% ARKF - 10% Basically I'm overweight in the Genomics and Fintech as I believe those are the 2 fields that have most potential, but I contain to maintain exposure to everything else. How likely am I to be broke soon? Edit: Anyway thank you all for the discussion. I've made up my mind at this point and nobody here managed to convince me otherwise so there isn't anything else to say. ARK to the moon! I will DCA into the fund and if it goes down I will buy more. [link] [comments]  |
| Posted: 03 Jan 2021 06:51 AM PST one of my favorite newsletters couple interesting things: It's worth noting that 90% of S&P 500 market cap is now based on intangible assets (R&D, intellectual property, software, etc), complicating historical comparisons. P/E ratios of the asset-heavy US corporate sector of the 1960s-1980s might not be the best comparison for today's asset-light, less capital-intensive S&P 500 universe. Intangible asset shares were 20% in 1975, 30% in 1985 and 80% by 2005. So, some upward drift in S&P 500 P/E ratios over time makes sense, in principle. -China/USA military comparison -2008 vs 2020 and 2000 vs 2020 comparisons -antitrust issues and potential risks of Big Tech worth the time [link] [comments]  |
| What is the difference between r/investing and r/stocks? Posted: 03 Jan 2021 06:00 PM PST What is the difference between r/investing and r/stocks? I came across both subs recently and I notice both sub tend to stick with the traditional investing mentality. Both subs have a large following and over one million members. I'm curious to what are the differences between both sub? [link] [comments]  |
| 20% down or 10% down payment for house... Posted: 04 Jan 2021 12:02 AM PST 30 year old. Looking for home ~600k maybe in next year or two. No rush In buying a home. Love where we rent right now. About 2000 a month. Decided to move all the 60k of saved up money from HYSA to brokerage account In an ETF in November. Now have ~80k saved up. Should I just put down 10% and keep whatever I have left over in stocks so it can keep compounding the growth? Or should I actually try and put 20%. Have excellent credit 750-800. ~170k saved in hsa, 401k, and Roth. 35k left in student loans at 2.7%. Monthly payment of ~700. Interest rate seem so low... I would hate to remove all my money from brokerage account just to get to a 20% down partner and "start over" on my brokerage investments. What are your opinions of putting 20%, 10% or maybe even less?? [link] [comments]  |
| Turtle Beach (HEAR): Strong Growth, Cheap Valuation Posted: 03 Jan 2021 04:58 PM PST Turtle Beach (NASDAQ: HEAR) Industry leader in high quality gaming audio Company Overview Turtle Beach ("HEAR") is an American gaming headset and computer accessories company established in 1975 and headquartered in New York. Launching the first ever console gaming headset in 2005, Turtle beach has grown to be the North American market leader in gaming headsets for the last ten years while maintaining a 40% market share. Turtle Beach expanded its product offerings beyond headsets to include peripheral devices such as keyboards and mice with the acquisition of ROCCAT in 2019 for $15.6 million in cash and $3.3 million in earnout payments. ROCCAT is a leading German peripherals business with a history of producing award-winning keyboards and mice. HEAR IPO'd at $6.80 in 2010 as Parametric rocketing up to over $80 in March 2013 before changing their name to Turtle Beach in 2014. The stock has seen a volatile decade since then now resting just above $20 and a roughly $320 million market cap, despite posting over $300 million in revenue for 2020. Business Fundamentals Company Financials In their most recent Q3'20 earnings, Turtle Beach recorded a revenue increase of 141% year-over-year ("y/y") from Q3'19 with $112.5 million in revenue, and gross margins increase of 880 basis points to 41%. Adjusted EBITDA in Q3'20 was $27.6 million, compared to $0.3 million in the prior year quarter,with a margin of 24.5%. The company has continued to benefit from the current stay-at-home environment that has bolstered an influx of new gamers, driving the strong y/y growth. As of Q3'20, Turtle Beach has significantly cleaned up it's balance sheet by increasing their cash balance 233% from $8.2 million at FYE19 to $27.3 million while also repaying $26.6 million of outstanding debt under its revolving credit line, reducing outstanding debt to $0. Total assets were $201.5 million, liabilities were $105.8 million at Q3'20. The company generated operating cash flow of $44.7 million, free cash flow of $40.5 million, and working capital cash inflows of $70.9 million in Q3'20. Revenue streams Turtle Beach offers an array of headset gaming products across Xbox, Playstation, Ninentendo, and PC systems that vary in quality and price. The 2019 acquisition of ROCCAT expanded their portfolio to include gaming keyboards and mice as they continue to expanded into the PC accessories market. Industry and competitive landscape Market Size According to Grand View Research, the 2019 gaming peripheral market was $3.88 billion and is expected to grow by 10.4% CAGR from 2020 to 2025 to $6.96 billion. This trend has been accelerated as a result of the coronavirus pandemic and rapid increase in the number of gamers. According to Newzoo, there were 2.47 billion gamers worldwide averaging a 5.9% year over year increase since 2014. It's expected to reach 2.725 billion by 2021. Competitive strategy Turtle Beach has a number of competitors in the peripheral space that include SteelSeries, Razer, Logitech, Corsair, and Mad Catz. In the console gaming headset market Turtle Beach dominates with a roughly 40% market share. On their Q3'20 earnings call, Turtle Beach announced a quarterly revenue share of over 50% and quarterly share of units of headsets shipped over 60%. They continue to shell out high quality gaming headsets at affordable prices for all levels of gamers. Competitors such as SteelSeries or Logitech also offer higher priced premium headsets, although none can match the equilibrium between quality and price that Turtle Beach offers. This is evidence by the recent launch of the Stealth 600 Gen 2 Headset for Xbox and PS5, which continues to be the #1 selling wireless gaming headset on the market. Growth strategy While Turtle Beach's recent success in 2020 was driven by the stay-at-home orders during the coronavirus pandemic, much of this growth is expected to continue. As cited in their most recent earnings call, Activate consulting firm found that console gaming has increased 27% in 2020 and more than half of this increase is expected to remain once the world returns to normal. Similarly, they estimate that time spent on PC gaming is up 30% as a result of stay-at-home orders and this should settle to about 10% once we return to normal. Additionally, Turtle Beach will continue to benefit from the new rollout of new generation consoles for Xbox and PlayStation. Market Research Firm DFC forecasts that console unit sales will increase 55% in 2021 and this rate will continue higher into 2022 as we start to see new edition next generation consoles. Raising their investment from $9 to $12 million for 2021 in their most recent earnings call, Turtle Beach will continue take advantage of it's excellent cash position. Much of Turtle Beaches current re-investments are going to be targeted towards building the ROCCAT brand as they continue their growth strategy into the PC accessories market. The ROCCAT brand already has an established brand in its German market of origin but Turtle Beach will be looking to take this investment global. The Turtle Beach team has made clear of their goals to create a $100 million PC accessories business. As a result of these positive trends and growth outlook, Turtle Beach gave guidance of $330 million in sales for the full-year 2020, up from an estimated $300 million in their previous guidance. $330 million in sales would represent a 40% year-over-year increase and a 5 year CAGR from 2015 of over 15%. E-sports Partnerships They have partnerships with EA sports and Estars Fortnite, the leading independent production company for e-sports and video games. In March 2020, Turtle Beach announced an expanded partnership with NRG e-sports. While Turtle Beach serves as the official audio partner of NRG, ROCCAT supplies keyboards, mice, and other accessories to Apex Legends, Call of Duty, Fortnite, and Rocket League players. Additionally, they have dozens of gaming influencers and Ambassadors including the likes of Dr. Disrespect, Ali-A, Castro, and NBA-player Josh Hart. Risks Maintaining a Competitive Economic Moat The gaming peripherals space is a very crowded market with somewhat low barriers to entry. While Turtle Beach continues to maintain their market share through strategic pricing and quality products, they face stiff competition from better capitalized companies. While Turtle Beach has expressed their goals to tap into the growing peripherals market, there are still questions that their team will successfully execute their strategy. It is difficult to protect and commercialize new technologies in this space and pricing power is key as competitors copy new technologies. Supply Chain Constraints The Covid Pandemic has sent a ripple through global supply chains sending companies through logistical headaches. This includes securing everything from airfreight to ocean containers. As a result sales could be lost if competitors can implement more efficient supply chains to keep up with demand. Q3 factory headset production in units was almost 90% of the total headset unit production in Q3 2019. However as the globe weathers the pandemic into Q2 of 2021 these constraints will continue to ease for the broader market. Execution Beyond the Pandemic and Next Generation Consoles The growth that Turtle Beach has seen during FY 2020 is unlikely to remain at these levels as the double tailwind of the Covid pandemic and next generation console release simmer away. However, this company and the broader peripherals market will continue to grow as the organic growth of gamers increases across the globe well into the coming decade. Stock Technicals Turtle Beach is one of the cheapest peripheral companies you can own in the public markets today. Trading at a 9x price-earning ratio, this pales in comparison to the Communication - Components industry that currently trades at around 26.43x earnings. On a more specific basis, competitors Razer and Corsair are currently trading at 588.24x forward P/E and a 49.73 P/E. Logitech trades at a fair valuation of 24.33 P/E. Clearly on a relative basis, Turtle Beach is as cheap as you can get in this sector which is surprising for such a household brand in gaming that continues to show consistent growth. Turtle Beach did have a short lived rally past $30 in the summer of 2018 after posting encouraging sales on the back of the Fortnite Battle Royale craze. However, the stock came back down to earth in 2019 after announcing modest earnings as investors decided the stock had run too far too fast. The reality is that 2020 is not 2018 for a multitude of reasons and I believe this stock has plenty more room to run from here. Starting with the Covid Pandemic, this resulted in a surge of increased gaming across the globe. Certainly this growth trend is bound to come down but the residual effects of the pandemic has given a steroid shot to the CAGR in all sectors of gaming that many companies, including Turtle Beach, will continue to benefit from well into 2022-2023. Additionally, we have a new generation of consoles that will continue to give tailwinds to the peripherals market for years to come. And lastly, the organic growth of gamers across the global will continue into this technological era despite help from stay-at-home orders. Thanks for reading, let me know your thoughts or criticisms. Seacow [link] [comments]  |
| Is the supply of "Bitcoin" actually finite? Posted: 04 Jan 2021 03:14 AM PST As far as I can see, one of the arguments that is used to sell the idea of Bitcoin is that unlike gold, and fiat currency I guess, it has a finite amount of it theoretically possible and useful (minus whatever gets lost or hidden), hence it is considered some kind of store of value relative to fiat currencies which can be printed endlessly. Is this actually true though? Isn't it possible to either: a) Infinitely divide bitcoins into smaller and smaller units of exchange, sort of the opposite of hyper-inflation. b) Can't you come up with an ever-increasing number of 'versions' of Bitcoin, i.e. other cryptocurrencies that utilize virtually identically underlying technology, and even if they too have a limit to how much of them can be mined, if you can just keep on inventing a new one and a new one after that, for which there would obviously be a profit motive, then what is the actual difference? [link] [comments]  |
| Posted: 04 Jan 2021 01:30 AM PST Sometimes when I look at a company's income statement, the numbers i calculate for stuff like P/E are vastly different from the numbers google gives me. For example, JKS. Net income = 1.065B, Market cap = 2.8B. They don't pay a dividend. Or if it's easier, price = 61.87, EPS = 23.5 The P/E should be 2.8/1.065, right? So under 3. But Yahoo Finance gives it as 48.16, and other places as 45 ish. What am I doing wrong here?? [link] [comments]  |
| What’s the easiest way to buy US stocks if I live in Europe? Posted: 03 Jan 2021 11:46 PM PST I want to buy US stocks but I live in Europe. How can I start? This is the third time I'm posting this question and the moderator has been removing it because I don't have up to 250 words. Since the battle is to now outdo a bot 🤖, I thought I'll add this. But seriously that's my question up there. If you have any ideas, I'd appreciate. [link] [comments]  |
| Opening a Roth IRA today at 18, advice? Posted: 03 Jan 2021 10:49 PM PST So I have $600 saved up so far and I'm opening a Roth IRA with Fidelity today. I fully plan on buying lots of index funds both in the Us and international markets diversifying through those index funds and bonds and all that, but would it be a bad idea to buy Tesla? I love Elon Musk and I fully planned on buying shares of Tesla back before COVID but I was only 17 at the time. Then Tesla skyrocketed and here we are. I have faith that when I'm 60, Tesla will either be worthless or worth so much when I'm taking my Roth IRA out while sitting on my couch on Mars. I would wait for it to go down slightly as it's at its all time high atm, but does it make sense to buy Tesla? And what about dividends like Coca Cola? Or the super dividend ETF SDIV? Any other tips on how to go about my Roth IRA or what tickets you reccomended? [link] [comments]  |
| Should I start investing this month? Posted: 04 Jan 2021 03:32 AM PST Hi everyone, I'm looking to start investing in some stocks [Apple, Nvidia, Pinterest, Illumina, Enphase, Cloudflare, Atlassian, P&G, etc.]. Haven't done this before. I was looking to start with 500USD and gradually grow it to 5000 this year as I start understanding more about the market. The biggest worry I have right now is looking at companies like Microsoft who've been around for quite a while. Their stock price is at 222.42 right now. How high can it really go from here? Do you imagine that in 5-10 years the usual share cost would be at 1k or so? Would you recommend waiting until April or so? The share prices seem to be largely overevaluated. Also, would it be ok maybe to start with an ETF instead? Thanks a lot! [link] [comments]  |
| Low risk long term stocks to invest in Posted: 03 Jan 2021 05:43 PM PST I am looking to invest a little bit of money every paycheque into stocks instead of having all of my extra money go and sit in a savings account. What are some low risk stocks that will continue to grow over the years? I am new to investing. I live in Canada and have a tfsa account, I'm just not 100% sure where to invest my money. I feel like I can get further ahead when my money is invested in something rather than have it sitting in my bank account. Thanks [link] [comments]  |
| Chamath VS Cathie Wood. Who do you trust more with your money? Posted: 03 Jan 2021 10:54 AM PST Both Chamath Palihapitiya of Social Capital, and Cathie Wood of Ark invest are innovation investors that have been gaining in fame lately. They have very different strategies though, where Cathie Wood is more of a traditional fund manager and Chamath is largely driving his public market exposure by IPOing companies via his $IPO SPACs. So I wanted to do an exercise to see who this sub is more a fan of, and which method seems more appealing to you. If you had $100,000 to invest how would you distribute it between: $ARKK $ARKG $ARKF $ARKW $ARKQ $IPOD $IPOE $IPOF [link] [comments]  |
| Looking for feedback on my Schwab ETF distribution Posted: 03 Jan 2021 11:49 PM PST I'm 27, loose goal of buying a house but not for a few years at least, so I'm happy to have a slightly riskier portfolio. The money that I'm investing is currently sitting in my Schwab investment account. SCHX - 35% SCHM - 15% SCHA - 10% SCHF - 15% SCHE - 10% SCHZ - 5% I decided to do SCHX/M/A instead of SCHB so I to focus a bit more on smaller cap than SCHB does. Let me know if any more information would be helpful in giving me advice! Thanks! [link] [comments]  |
| What’s the best growth stock etf/mutual fund? Posted: 03 Jan 2021 08:56 PM PST I have a brokerage account through my 401k and would like more growth stock exposure so I want to invest a portion of my 401k in a fund or ETF that focuses on thus. I've looked at various funds and ETFs but there are so many to choose from and it's difficult to compare their historical returns and fees on an apples to apples basis. I ended up putting my money in Vanguard's VUG etf but I'm still wondering if that's the best choice? Anything better out there? [link] [comments]  |
| What newsletters or blogs do you follow to keep up with the industry? Posted: 03 Jan 2021 07:54 PM PST Looking to find a few authors who are industry experts, know their shit, and write about it as a hobby. All things investing, asset management, banking, or sector-specific content. Standard avenues of news (WSJ, CNN Money, MarketWatch) feel tired and uninspired lately. Kind of looking for a Pomp equivalent if you follow blockchain news, or ZeroHedge but with more opinions and less click baiting. Let me know if you guys have anything. [link] [comments]  |
| Why There Won't Likely Be A Monetary Bubble Posted: 03 Jan 2021 08:07 PM PST I posted this in my previous post: https://www.lynalden.com/fraying-petrodollar-system/ It's a seriously long read so I've decided to TLDR the relevant parts for you, mainly because so many comments in my last post brought up monetary bubbles, hyperinflation, and our currency becoming worthless. We have been the world's reserve currency since WW2 This means that pretty much every country in the world finances most of their debt in US dollars, purchases petroleum in US dollars, or lends money to other countries in US dollars. This basically means the US dollar is what gold used to be. And we get to control the gold supply. A strong dollar hurts everyone including us Because everyone's debt is financed in US dollars, a strong dollar starts to crush countries under the weight of that debt. Imagine if everyone's mortgage was financed in Tesla shares. Everyone would be defaulting this year. Same principle. A strong dollar stifles the growth of the global economy, which hurts us since we're the epicenter of global trade. It also makes it that much harder for us to export and increases the trade deficit. Printing money has nothing to do with balancing our budget We are basically gold for the entire global economy. That means we need to get enough gold into circulation to keep other countries from being crushed by their debts in US dollars. Every financial crisis causes a sharp spike in the dollar as countries from all over the world start to hoover the dollar up as the safest, most stable currency. Money printing has become the standard for alleviating a financial crisis because it gets enough dollars back into international circulation to keep the dollar reasonably priced. We're not going to create a crippling national debt Being the reserve currency has some real drawbacks. Having to worry about your national debt is not one of them. Our national debt is indirectly borne by the global economy and we have the power to dilute it by printing more gold. We've been fairly responsible with this power, which is why people still use dollar as the reserve currency, and what we're doing now is well within the realm of responsibility. Cheer for a weaker dollar The only people who suffer under a weak dollar are Americans traveling abroad. Everyone else wins. People who hold equities especially win. Labor also wins in the longer term because we can export more. There's a reason fantastically wealthy countries like Switzerland and China ruthlessly devalue their currency. It's the smart play. TLDR of the TLDR: We're mainly printing money for the benefit of the global economy, not to cover our debts or bail ourselves out. This is a mixed bag for people with no equities or real estate. It's a pure win for people with assets, and the global economy. [link] [comments]  |
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