What's gonna be the GME or AMC of the year? Money to be made still.
Elon Musk, the fecker just stole my Twitter shares. Just took them. Never even said thanks. I bought some as low as $26.45 in April 2020.
I see this mentioned a lot, and it's complete BS. Monthly purchases for an ETF would mean 12 transactions you have to calculate the purchase price and current price for. It would be 15-20 mns work I'd say. It's the same as someone who makes 12 stock sells in a year.
Just buy Berkshire. It's a stock but it's diversifed enough to be an ETF. Here's 10 years v the S&P 500. Gains on ETFs are taxed at 40% too, while it's 33% for BRK.B
I don't even care if BRK.B grows less than the S&P500, as long as it goes up over time and beats inflation.
Bought 3 shares the other day with the remainder of my euros in the account and already down 10%.
Good luck with the nightmare tax situation.
The UK investment Trusts do the same thing except its taxed like a regular stock.
ETF's are a tax nightmare for monthly purchases.
So when's the time to buy Amazon?Decisions!
Any ETFs in particular you’d like to recommend?
Made good profit on a number of shares I bought in mid 2019 but I’m self aware enough to know that that was fluke luck getting in just before the retail investing boom over covid rather than any investing nous on my part.
Now I’ve a little bit saved and would like to invest some - similar to yourself I’d like a couple of ETFs that I can just stick money into a leave for a few years.
He can't be sacked in the traditional sense though I am sure he can still be forced out. A tanking stock price and no investor confidence would make his position fairly untenable.
Can anyone give him the boot though?...I thought the share class he owns means he can do what he likes essentially.
Now he might decide its the only/best option but its not anyone giving him the boot was my understanding....
Yes, regrettably
DID SOMEBODY SAY NIO?
Honestly, I feel like the Metaverse is the biggest load of garbage out there. Every time I hear about it I have 2 thoughts:
Even if the AR/VR alternative world concept did become a huge thing, I am unconvinced Meta are the company with the ability and track record to deliver the best version of it.
I could be totally wrong, and it could explode in value, but colour me skeptical. I think Meta has some dark clouds on the horizon and things will get worse before they get better (if ever). I think the end-game here is Zuckerberg gets the boot and they cancel / dramatically scale down plans.
What do you recommend looking at? FWIW I am living in the UK so the allowances for tax are much more generous, have a Degiro account and also just opened a S&S ISA on freetrade, ideally would like to put money in every month or every couple of months and forget about it.
Agree with ETFs but the tax treatment here is so onerous. If you're buying a few each month particularly you'll have to keep track of when the eight year timer ends and you've to pay the tax. Its a real pity as they are generally much more stable than randomly picking a share and I think they should be promoted.
Although boring with no great swings, I find ETF's grand for popping money into every payday, don't have the interest to following markets most of the time. Mostly stick with tech.
Very naive investor here.
Invested through covid and down prob 80% overall.
I stupidity got caught by the Nio EV hysteria some while back and at the top I would have made a tidy profit but alas went to hell. I then switched to baba as it was given Charlie Mungers blessing and lost again. LoL
It wouldn't bother me at all to lose it all at this stage. Any suggestions from the knowledgeable boardees on what could be a big winner in the next few years, say 5 years?. Again I don't mind losing it tbh. I've it written off at this stage but could see value in the current climate perhaps.
I can't see VR paying off. It's an impressive novelty, like 3d movies or VR games. Problem is once the novelty wears off there isn't enough there to justify the expense or inconvenience of it. And I say that as the owner of a Valve index.
Even if it did have some success, its never going to generate the kind of revenue he gets from Facebook ads.
Yeah the Facebook app is dead, as revenue per view down 20% - companies have realised its not as valuable to market on.
costs up with revenue flat is to be expected I guess, given the mets development. Feels to me like they should have developed the meta verse as a side project for a few years before releasing it to public. Right now it looks like they’re spending $80bn developing a new version of The Sims.
if you’re investing, you gotta be willing to hold for 5+ years
As someone invested in Meta the main problem is trying to even picture what the metaverse even looks like? How is it eventually monitized? The current $1,499 headset is clearly not going to work en masse at that price no matter how good it is.
As a current shareholder I'm quite frustrated watching $10 Billion a year go into this with seemingly no basis for any return on that investment. (I have no problem with meta investing in the metaverse...Zuckerberg is clearly a smart individual, but the amount of money they are ploughing in is quite ridiculous). And the return period is probably about 10 years not the 3 or 4 years for the likes of Intel.
Saying all that it's cheap on so many fundamental levels, and, on the off that Zuckerberg announced that they were halving the amount they are spending on the metaverse in their next earnings call and they are cutting costs this stock could easily pop 25%.
I can totally see why people see this as a value trap, I'm second guessing myself from time to time on this one too but A LOT of bad news is already in the current share price.
Is the risk worth the reward? Time shall tell
Yes but their are plenty of high growth companies trading at low PE at the moment, I’d sooner buy Amazon, Google etc
Meta at $100 is 7.5 times Free Cash Flow. It's return on Investment is currently 31%. All impressive figures. The problem is the spending on the Metaverse. If it pays off, $100 is a bargain. If not, better to sit on the fence.
Id'd imagine there'd be a medium term bump in the next few months before next earnings, but don't think you'll see it at $300 a share again.
Long-term, they need to dump the metaverse, and concentrate on what they already have - Instagram, Whatsapp, and FB
Amazon and Google are better buys at current lows , more sustainable
Would you recommend buying Meta ?
Meta at $100 now from a high of $380 in Sept 2021. Serious pain for some people. It was also one of the highest owned stocks for US Fund managers.
Bargain!!
That is brutal, don't know how the ownership is structured but I'd say Zuck is a dead duck over this.
Yeah no rush to sell myself, they're saying that next year supply will come on stream but they don't seem to realise that 1. Car manufacturers haven't even begun scratching the surface of meeting all the no new ICE cars after 2030 targets yet, all the demand is currently from China and even they can't get enough and keep setting new ATH prices for spod every day.
And 2. Where are all these new mines that are supposed to be coming on stream? It takes years to get one dialed in after you build it, they are way more complicated than conventional mining, a cross between a chemical refinery and a mine.
Also PLS is still ramping up production and is about to start all the downstream refining where the real money is, I'm happy to leave my money with them for another while anyway, even though the crazy recent run has left them as 70% of my portfolio.
Under $100 a share now....ouch
The cacks in Paris are down, now is a good time to go there for a wild wknd in the moulin rouge.
I believe that Metaverse was created as a revenue stream for FB; the amount of virtual advertising, avatars etc. they'd make IF it takes off (I don't think it will) would be massive
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