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    Daily General Discussion and Advice Thread - January 16, 2022 Investing

    Daily General Discussion and Advice Thread - January 16, 2022 Investing


    Daily General Discussion and Advice Thread - January 16, 2022

    Posted: 16 Jan 2022 02:01 AM PST

    Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

    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:

    • How old are you? What country do you live in?
    • Are you employed/making income? How much?
    • What are your objectives with this money? (Buy a house? Retirement savings?)
    • What is your time horizon? Do you need this money next month? Next 20yrs?
    • What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
    • What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
    • Any big debts (include interest rate) or expenses?
    • And any other relevant financial information will be useful to give you a proper answer.

    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!

    submitted by /u/AutoModerator
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    Is anyone here successfully day trading crypto? What app?

    Posted: 16 Jan 2022 08:31 AM PST

    Is anyone here a traditional day trader (stocks) that has moved over to crypto?

    I'm curious if the old day trading techniques actually work in crypto. It's so much more unpredictable and volatile. Also, the fees, my goodness! I can trade all day on TD Ameritrade with no fees, but its truly exhausting to trade in crypto and figure in huge fees, different wallets, etc..

    Anyone here doing this successfully? What app or program are you using? How does your experience compare the old school stock day trading?

    submitted by /u/chris_chris42
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    "Investing in People" is a concept that has grown on me. Tell me who is your favorite CEO?

    Posted: 16 Jan 2022 08:22 AM PST

    Let's take a step back from growth vs value discussion, bull vs bear market, blue chips vs hyped tech companies, inflation worries and the rise of interest rates. From time to time I read about investors who "invest in people" not numbers of an up and coming company.

    So aside from product, technology, finances, stock price, company reputation, longevity and so on I'd like to know who is a ceo you truly trust being in charge? Speaking purely from your impression of the human being of choice as a ceo. Maybe you like her/his demeanor, her/his vision, her/his behavior in public, certain actions she/he has made or different aspects of her/his personality. Your thoughts on this strategy? Feasible strategy in reality or reserved exclusively for rich investors who have a chance to meet a ceo in real life?

    submitted by /u/JayELectronicaAct2
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    Tax Loss Harvesting When Using a VTI and Chill Account

    Posted: 15 Jan 2022 09:53 PM PST

    I am closing my Betterment account after experiencing some problems. I am thinking of liquidating everything and dumping everything on VTI. The only thing that I am concerned abut is the lack of automatic tax loss harvesting in Robinhood or Fidelity. Would I be able to at least manually do this myself if I have a VTI only portfolio? Thanks!

    I am also open to other ideas besides just creating a VTI only account.

    submitted by /u/ftteacherptinvestor
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    I've come in to a little money recently due to being dissabilitated by my mental health (back payments) is gold/silver worth investing in?

    Posted: 16 Jan 2022 12:25 AM PST

    I tried using crypto as a savings account but lost £140 quid out of £440 I had saved. I've kept alot of the coins in the hope they go back up.

    But I've just come into some money as my bipolar has been classed as a disability, it's back payments since I first applied. And then an extra £60 a week.

    It's life changing for me as I've been living under the poverty line because I'm incapacitated by my mental health.

    Is it worth investing in gold and silver at the moment? I'd like to physically own the metals.

    My grandad always said "if you have enough money to buy gold, do it. You can't lose much because it's always going to be valuable"

    I'd like to get some silver too though.

    TYSM if you read all of this.

    submitted by /u/bipolarnotsober
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    Breakthrough That Could Reverse Climate Change with Scaling Investments

    Posted: 16 Jan 2022 02:20 AM PST

    This past September ClimeWorks launched the world's largest "carbon sucking" plant known as Orca designed to reverse global warming. It utilizes geothermal power from the Hengell volcano in Iceland to propel giant fans that suck air out of the atmosphere and pass it through a filter. The filter is then released of the CO2 that is subsequently converted into a carbonate and buried permanently beneath the rock layer. It is estimated that this plant prototype is capable of removing CO2 from the atmosphere that is the equivalent of 870 cars.

    We need to invest in "carbon sucking" direct air capture plants to reverse all of the damage from bitcoin mining, air travel, and driving.

    To know more, visit here

    submitted by /u/assfatq
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