Do you invest? - investment and wealth discussion thread

[JDR13]

Anyway, I'd diversify between Bitcoin and XRP, possibly Solana too (although that is a different type of currency), unless you feel very adventurous. I'd not touch Etherium. There are cryptos that will give >10x wins, but knowing which ones out of thousands of alternatives seems difficult. The old trusty ones will not give >10x wins, but may give higher gains than S&P500 - and diversity your portfolio, which is why I play with them. The diversification is needed especially now during unstable times.

I'm looking at one ETF that's based entirely on Bitcoin and another one that's a mix of Bitcoin and Ethereum. I would never buy Ethereum directly. Actually, I'm not sure I'll buy any cryptocurrency directly since I don't follow that market as closely as others. I think I'd rather just dabble in a few related ETFs. I would love to have bought XRP 4 months ago though.

 

[notdart]

You might like this article:

https://finance.yahoo.com/news/billionaires-earning-10-billion-per-164517547.html

 

[notdart]

https://finance.yahoo.com/news/trump-names-cryptocurrencies-strategic-prices-160454350.html

 

[largh]

You might like this article:

https://finance.yahoo.com/news/billionaires-earning-10-billion-per-164517547.html

I am always a bit lost understanding why these headlines talk about people losing money if they do not sell their stocks. The prices go up and down. Their value is speculative until realised (sold/bought). Yet, even financial media likes to sensationalise people's holdings instead of writing about the stock price itself. Probably making it personal sells better, but it makes little sense to me. Regarding the news itself: right, DeepSeek seems to have an influence on the AI stock prices right now, but I wonder how long that will last, because it is actually positive news as they say in that article too. I think it's more of a symptom of the AI bubble starting to burst soonish.

Btw, Tesla stock is no doubt influenced by Musk's politicization, but more so due to a shift in Model Y. The factories are being refitted for the new model and sales do not begin to rain in until summer. With the self-driving taxis and humanoids coming later this year, this spring could actually be a good time to buy Tesla stock if one did not have ethical considerations and didn't believe that all tech stocks may come crashing down at some point due to the AI bubble bursting.

There seems to be no boring day in the asset market these days. Yesterday cryptos surged, today European defence industry stocks.

 

[notdart]

I am always a bit lost understanding why these headlines talk about people losing money if they do not sell their stocks. The prices go up and down. Their value is speculative until realised (sold/bought). Yet, even financial media likes to sensationalise people's holdings instead of writing about the stock price itself. Probably making it personal sells better, but it makes little sense to me. Regarding the news itself: right, DeepSeek seems to have an influence on the AI stock prices right now, but I wonder how long that will last, because it is actually positive news as they say in that article too. I think it's more of a symptom of the AI bubble starting to burst soonish.

Btw, Tesla stock is no doubt influenced by Musk's politicization, but more so due to a shift in Model Y. The factories are being refitted for the new model and sales do not begin to rain in until summer. With the self-driving taxis and humanoids coming later this year, this spring could actually be a good time to buy Tesla stock if one did not have ethical considerations and didn't believe that all tech stocks may come crashing down at some point due to the AI bubble bursting.

There seems to be no boring day in the asset market these days. Yesterday cryptos surged, today European defence industry stocks.

You've said what i've said many times with regards to stock up/down BUT for the ultra wealthy they do leverage that wealth though they would have to suffer enormous losses (% like 90) to suffer terribly.

As for telsa i suspect Musk bribes in China is keeping things rosy i also suspect that other markets are likely to see a more serious decline - besides the 'new' telsa has been much more expensive to keep having more issues than older models with repairs very expensive.

Tesla is suing critics and customers in China alike—and can count on its ties to the regime to tip the scales in its favor

The EV manufacturer is victorious in court in almost every case thanks to a justice system that acts as the long arm of the Chinese Communist Party.

fortune.com

 

[JDR13]

I am always a bit lost understanding why these headlines talk about people losing money if they do not sell their stocks. The prices go up and down. Their value is speculative until realised (sold/bought). Yet, even financial media likes to sensationalise people's holdings instead of writing about the stock price itself. Probably making it personal sells better, but it makes little sense to me.

It can be hard to find decent articles about the stock market without a paid subscription. I usually ignore those on sites like Yahoo because they rarely contain anything of substance.

 

[Drithius]

It can be hard to find decent articles about the stock market without a paid subscription. I usually ignore those on sites like Yahoo because they rarely contain anything of substance.

There's too much uncertainty right now for any article anywhere to be of much pertinence. Case in point:

 

[largh]

Trade war. Even defence stocks are plummeting on this side of the Atlantic. Also crypto market is in a fear mode despite the "Crypto summit" on Friday. I predict a bloodbath in New York once the trade opens. S&P futures are plummeting. Now is the time to lean back and relax, unless you have something that you really want to sell before the assumed market crash. Things change faster than the weather in the North Sea.

 

[Drithius]

Absolute clownshow.

 

[largh]

Seems like it happened indeed. Now the question is how low will the prices go?

 

[Drithius]

I don't see a reality where Trump doesn't continue to double down on ego-driven policy. If nothing changes, a recession and bear market is in the "cards". S&P at 4000? quite possible.

 

[largh]

"Liberation day". Full panic. All stocks go to hell. Time to buy? Tech stocks are cheap now.

https://finance.yahoo.com/news/live/stock-market-today-sp-500-nasdaq-plunge-dow-drops-1200-points-as-trumps-tariffs-rip-through-global-markets-133046436.html

https://www.reuters.com/markets/wealth/global-markets-tariffs-graphic-pix-2025-04-02/

 

[DarkWunder]

I retired earlier this week, predicated entirely on the fact that I had sufficient savings spread out through investments to live comfortably off of dividends for another 30years. I had set things in motion months ago, and there was no walking back from it even though I wanted to after seeing how the markets were reacting to things. Unless things turn around, which I do not see how they possibly can at this point, I am questioning my decision. The anxiety watching my investments tank is just killing me. This is not how I imagined my retirement going down.

 

[Qayto]

I retired earlier this week, predicated entirely on the fact that I had sufficient savings spread out through investments to live comfortably off of dividends for another 30years. I had set things in motion months ago, and there was no walking back from it even though I wanted to after seeing how the markets were reacting to things. Unless things turn around, which I do not see how they possibly can at this point, I am questioning my decision. The anxiety watching my investments tank is just killing me. This is not how I imagined my retirement going down.

That's really awful. Hopefully its just early days and things will settle down. You must be incandescent, are there lots of people in similar situation?

 

[JDR13]

"Liberation day". Full panic. All stocks go to hell. Time to buy? Tech stocks are cheap now.

I think they've corrected to be closer to fair value, but I wouldn't call them cheap just yet. The tech sector was grossly inflated imo.

I actually wouldn't mind seeing one or two more days like today. Then we can get some real bargains.

 

[largh]

I retired earlier this week, predicated entirely on the fact that I had sufficient savings spread out through investments to live comfortably off of dividends for another 30years. I had set things in motion months ago, and there was no walking back from it even though I wanted to after seeing how the markets were reacting to things. Unless things turn around, which I do not see how they possibly can at this point, I am questioning my decision. The anxiety watching my investments tank is just killing me. This is not how I imagined my retirement going down.

If you are planning to live off of dividends, you would not need to sell your stocks right now? Stock value will rebound one day. No one knows how long it will take, however. Probably not that many years.

 

[largh]

I filled some more global and technology indices that contain the M7 stocks. I am not certain whether buying those through an index is the right strategy seeing indices are always lagging a few days behind and hence my purchase will likely get timed to the rebound period from yesterday's panic, but buying US stocks directly is quite expensive for us and I did not have enough money to justify the cost. We'll see what happens, but I am almost certain that we'll see a rebound today. During the weekend and next week there will be negotiations and things can change quickly again.

 

[JDR13]

We'll see what happens, but I am almost certain that we'll see a rebound today.

 

[largh]

It seems I was wrong NVIDIA hasn't been under 100$ in a year or so.

 

[blatantninja]

I picked a hell of a time to return to the investment industry....