-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: Will you be subscribing to the new Disney+ R49 streaming package?
Investing strategy.
- Thread starter BBSA
- Start date
Yeah, and speculation without an edge is gambling. One either has to do their 10k hours to figure out how to do it well, and get that edge, or follow what the masses are doing, leverage their experience, while being aware of their inability to coordinate, and buy a portfolio of ETFs, cash, foreign and domestic exposure, mutual funds, etc., and hope for the best (or more accurately, the average).
Last edited:
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
No, speculation is gambling. Probably fine if you only use 5 or 10 percent of your capital.
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
Still waiting for bitcoin to drop to its 200 week SMA?Buy when it says extreme fear and sell when it says extreme greed:
View attachment 1755874
Crypto Fear & Greed Index - Bitcoin Sentiment
The crypto fear & greed index of alternative.me provides an easy overview of the current sentiment of the Bitcoin / crypto market at a glance.alternative.me
At the moment I'm waiting for it to drop to 200 week SMA levels.
View attachment 1755875
wingnut771
Honorary Master
Yeah, staying far away from the FOMO at the moment.
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
FOMO didn't get the best of you?
wingnut771
Honorary Master
Tell me about it LOL!
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
wingnut771
Honorary Master
I bought yesterday. I see it dropped more this morning.
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
Nice!
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
How do you know when to sell?
wingnut771
Honorary Master
When its doubled or may just leave it long term.
Last edited:
this is a tricky one @BBSA you need to decide what you want. BTC isnt going to 10x overnight, are you in this for the long term on short term?
TBH if you dabble with BTC - DCA and buy the dips and leave VERY long term
netstrider
Executive Member
- Joined
- Nov 1, 2006
- Messages
- 5,824
- Reaction score
- 4,879
Retail Savings Bonds still a viable option?
Why?
I would rather open a satrix account or similar and load S&P 500/Nasdaq ETF good annual growth and also dollar hedged.
Also settle all debt before investing takes place
BBSA
Honorary Master
- Joined
- Jul 11, 2005
- Messages
- 30,226
- Reaction score
- 28,804
- Location
- People's Republic of South Africa
I'm not particularly interested in Bitcoin; I just find it interesting to see how Wingate will manage this.
Right now, I'm mostly invested in property and TLT (iShares 20+ Year Treasury Bond ETF).
if it was more risky crypto I would do the following as I have for years:
when it 2x cash out half, when it 2x again another half at this point its zero risk growth.
netstrider
Executive Member
- Joined
- Nov 1, 2006
- Messages
- 5,824
- Reaction score
- 4,879
I have Sygnia with S&P 500 and the Skeleton 70.
I am considering RSA because I am receiving inheritance payout and I'd rather not be tempted to frivolous spending. AFAIK you can't fix investments with Satrix.
to be honest I would rather have a hard password l;ocked away than fix it in RSA bonds....