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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 09-04-2020, 02:12 PM   #6016
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BMO Bank of Montreal doing very well for me, plus a dividend payment this quarter.

Just bought BNS Bank of Nova Scotia 2.72 Div (6.36%) this week. And PNNT Pennant Park Investment 0.48 Div (13.15%)

Nice Green day for my portfolio after an up and down week.
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Old 09-04-2020, 02:47 PM   #6017
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 09-05-2020, 02:45 PM   #6018
MahiMike MahiMike is offline
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If you try waiting for a bottom you always miss the bottom.

I think Amazon is a great investment especially now because I imagine sooner or later they will do a stock split and when that gets announced its going to fly 50%
Amazon is a good buy because this Plandemic wrecked all their competition. There's no more small business to worry about. It's clear sailing to a Monopoly.

And if you like Amazon, check out BABA stock. It's Chinese Amazon but with 1.5 Billion customers.
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Old 09-05-2020, 03:03 PM   #6019
Hammock Parties Hammock Parties is offline
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And if you like Amazon, check out BABA stock. It's Chinese Amazon but with 1.5 Billion customers.
DO NOT BUY CHINESE STOCKS

CHINA IS...ASSHOLE!
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Old 09-05-2020, 03:06 PM   #6020
Hog's Gone Fishin Hog's Gone Fishin is offline
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DO NOT BUY CHINESE STOCKS

CHINA IS...ASSHOLE!
IDEX is china
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Old 09-05-2020, 03:09 PM   #6021
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DO NOT BUY CHINESE STOCKS

CHINA IS...ASSHOLE!
I know it's a growth market and all, but I'm not going to put my money into a country where the government can just decide to take it with no repercussions.
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Old 09-05-2020, 03:16 PM   #6022
patteeu patteeu is offline
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I know it's a growth market and all, but I'm not going to put my money into a country where the government can just decide to take it with no repercussions.
The book Red Notice tells the story of how Bill Browder was one of the first Americans to look for investment opportunities in the post Soviet era of eastern Europe and Russia. It's a good story involving amazing investments and confrontations with dangerous oligarchs.

The Magnitsky Act was named after Browder's Russian attorney who was killed in Russian custody. It's also the law that ended up being discussed in the famous Trump Tower meeting involving Trump Jr., Kushner, and Manafort.

It was a good book. It's not political. It's half biography, half legal thriller.
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Old 09-05-2020, 03:18 PM   #6023
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IDEX is china
NO!
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Old 09-05-2020, 03:19 PM   #6024
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I’m up 40% in my BABA shares and have owned some for years. I’m a long term investor and I can’t say that about many companies.
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Old 09-05-2020, 03:20 PM   #6025
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The book Red Notice tells the story of how Bill Browder was one of the first Americans to look for investment opportunities in the post Soviet era of eastern Europe and Russia. It's a good story involving amazing investments and confrontations with dangerous oligarchs.
What's the ending to this story? Did he end up getting rich or is he languishing in a siberian prison?
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Old 09-05-2020, 03:24 PM   #6026
patteeu patteeu is offline
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What's the ending to this story? Did he end up getting rich or is he languishing in a siberian prison?
I added to my post, but the answer to your question is that Browder lived to write the book (and I assume live a life of luxury), but some of his associates weren't so lucky.
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Old 09-05-2020, 03:35 PM   #6027
ChiliConCarnage ChiliConCarnage is offline
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I think Browder is the guy Russia throws random Interpol/criminal charges at from time to time.

Then France or wherever he's passing through has to pull his passport until they can confirm that he didn't kill 300,000 little Russian kids 10 years ago.
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Old 09-05-2020, 03:37 PM   #6028
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Hearing this stuff, I think I will stay out of Russian Investments. I'll let you more adventurous guys try that.
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Old 09-05-2020, 03:42 PM   #6029
Hog's Gone Fishin Hog's Gone Fishin is offline
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NO!
Well, their business is in China
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Old 09-05-2020, 04:22 PM   #6030
patteeu patteeu is offline
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I think Browder is the guy Russia throws random Interpol/criminal charges at from time to time.

Then France or wherever he's passing through has to pull his passport until they can confirm that he didn't kill 300,000 little Russian kids 10 years ago.
That’s right. That’s what the title “red notice” is about.
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