Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[eDave]

Originally Posted by FD

I'm just a guy who knows a lot about money management and hopes there aren't people on here reading this thread and making terrible decisions with their money like you.

He's telling us what he does. He hasn't advocated his style as far as I know.

[eDave]

Originally Posted by scho63

You didn't answer a single question I asked.

So playing craps is the good money management skills you speak off?

I'm not risking my rent or car payment money.

I'm enjoying 6-9 months off in the sunshine in Scottsdale AZ without working a single day at 54 years old so I think I've done a few things right.

But that's OK, I'm sure you are the money manager to the stars in Hollywood.

And it's a fantastic freaking day. There's not a better Margarita day is known to man. Well, maybe yesterday, or Friday, or...

THIS is why we move here. Enjoy the fruits of your labor man.

[Weapon X]

Blockchain. Blockchain is a technological breakthrough that even the programmers are still learning new use cases for on a daily basis.

You see execs from Goldman, JP Morgan, Merrill, Microsoft, etc. (and the government), leaving lucrative careers to run start ups or invest in blockchain.

It's projected that the blockchain will make 30-60% of ALL global jobs redundant and unnecessary.

Invest now. Blockchain will be bigger than the internet. Already valued in tens of billions, it will soon be measured in the trillions.

Top Blockchain Growth opportunities:

Ethereum (smart contracts, the Ethereum Enterprise Alliance is composed of Microsoft, JP Morgan, BNY Melon, Santander, Intel, etc) up 700% this year
PIVX (HUUUUUGE growth potential) up 650 in a WEEK
NEM (south east Asia's ethereum) up 400% so far this year
BitBay (homerun potential but could also strike out) up 330% this year
Ark is a small market cap play that's brand new that could really explode too

Obviously Bitcoin is the most reknowned/widespread blockchain, but it's currently undergoing a big scalability civil war between it's bitcoin core and bitcoin unlimited dev teams.

Learn about it, get involved, make smart decisions and you WILL be rich. Soon.

[Weapon X]

Still can't post links but add the youtube prefix and this heavenly blessed beauty Jewess (also an MSc from Oxford and runs a Silicon Valley think-tank and VC firm) will explain the blockchain:

watch?v=RplnSVTzvnU

[lewdog]

Anyone know much about Pure Energy Minerals (PEMIF)? I read about an agreement with Tesla awhile ago for sourcing lithium. I honestly can't find a good source that this deal is even true. I can't find how much Tesla uses this company's source and why exactly this stock has been almost cut in half in the past year? Seems a bit risky but also possibly a good time to buy. I just can't locate much information outside of a few articles spaced out over a few years. Is this just another penny stock?

[Weapon X]

Originally Posted by Weapon X

Blockchain. Blockchain is a technological breakthrough that even the programmers are still learning new use cases for on a daily basis.

You see execs from Goldman, JP Morgan, Merrill, Microsoft, etc. (and the government), leaving lucrative careers to run start ups or invest in blockchain.

It's projected that the blockchain will make 30-60% of ALL global jobs redundant and unnecessary.

Invest now. Blockchain will be bigger than the internet. Already valued in tens of billions, it will soon be measured in the trillions.

Top Blockchain Growth opportunities:

Ethereum (smart contracts, the Ethereum Enterprise Alliance is composed of Microsoft, JP Morgan, BNY Melon, Santander, Intel, etc) up 700% this year
PIVX (HUUUUUGE growth potential) up 650 in a WEEK
NEM (south east Asia's ethereum) up 400% so far this year
BitBay (homerun potential but could also strike out) up 330% this year
Ark is a small market cap play that's brand new that could really explode too

Obviously Bitcoin is the most reknowned/widespread blockchain, but it's currently undergoing a big scalability civil war between it's bitcoin core and bitcoin unlimited dev teams.

Learn about it, get involved, make smart decisions and you WILL be rich. Soon.

Since this post, PIVX, NEM and BitBay all up AT LEAST another 50%

[TigeRRUppeRRcut]

Originally Posted by JohnnyHammersticks

Thank you, kind sir. I will definitely look at those.

And here's one for you. Pure Energy Minerals, LTD. PEMIF. Lithium mining. $0.46/share, currently. About 1, 1.5 years from hitting. Load up while you can.

I've been tracking this like you said. They hit close to a 52 week low just now and will probably buy a good chunk of it. Hard to decipher where their efforts/research have come along to this point.

[lewdog]

Originally Posted by TigerUppercut

I've been tracking this like you said. They hit close to a 52 week low just now and will probably buy a good chunk of it. Hard to decipher where their efforts/research have come along to this point.

I just brought them up but see you aren't quoting me.

Did someone else here mention them? I'm finding it difficult to find good information on them.

[TigeRRUppeRRcut]

Originally Posted by lewdog

I just brought them up but see you aren't quoting me.

Did someone else here mention them? I'm finding it difficult to find good information on them.

JH brought them up a month ago. They're a very small startup with what looks like a couple different area projects now trying to extract lithium. Their success hinges upon whether they can use this theoretical process to become a player in the industry. In comparison, the biggest supplier is getting Tesla about 1/3 of their lithium and are 40x the valuation of PEMIF

[TigeRRUppeRRcut]

I'm twiddling my thumbs waiting for portola to file their application to the fda for their drug reversal agent. It's supposed to be filed this quarter and I assume the fda will make a decision by this Fall. Two novel drugs on the market for a small start-up would be an awesome feat

[JohnnyHammersticks]

Originally Posted by Rain Man

No worries. You can buy it in a couple of weeks when it's back at $0.15.

I was thinking the same thing, but it never came back down. Now it's (BITCF) at $0.83. Up over 1000% since I mentioned it about a month ago. Even the measly 20K shares I tried to buy for $1200 would be worth over $15k now.

[wutamess]

Originally Posted by JohnnyHammersticks

I was thinking the same thing, but it never came back down. Now it's (BITCF) at $0.83. Up over 1000% since I mentioned it about a month ago. Even the measly 20K shares I tried to buy for $1200 would be worth over $15k now.

Is there a ticker? My daughter just gave me her $200 bday money to throw at something for her. would like to take a chance at that

[Amnorix]

Originally Posted by wutamess

Is there a ticker? My daughter just gave me her $200 bday money to throw at something for her. would like to take a chance at that

Maybe put something small in that if you must, but I seriously disagree with "go big or go home" investing strategies.

Buy a REIT that pays a 7% dividend yield, or another steady, stable, growth stock, or perhaps an Index Fund tracking ETF.

She presumably has decades. Start investing, and watch the magic of compounding and growth over many years work for her.

[DaFace]

Originally Posted by Amnorix

Maybe put something small in that if you must, but I seriously disagree with "go big or go home" investing strategies.

Buy a REIT that pays a 7% dividend yield, or another steady, stable, growth stock, or perhaps an Index Fund tracking ETF.

She presumably has decades. Start investing, and watch the magic of compounding and growth over many years work for her.

Yep. This thread has kind of turned into the equivalent of a gambling thread lately. Interesting to hear about, but not exactly sound financial advice.

[lewdog]

Originally Posted by wutamess

Is there a ticker? My daughter just gave me her $200 bday money to throw at something for her. would like to take a chance at that

Your best best would be to start a Roth IRA for your child if they are of "age" to have some earned income. Here's the lose definition of earned income from the IRS.

It’s up to you (or the child) to document that she had income earned from work. The money can’t be an allowance or a gift. (You can find more about the IRS’s definition here). It’s up to the account custodian to document the service rendered, when it was done, and the payment. It also has to be a reasonable rate. You can’t pay $1,000 for a night of babysitting.

http://www.rothira.com/roth-iras-for-kids