Wall st Trading

[westy81]

Re: [Share Trading ASX - Stock Tips and Discussion](/topic/30534/share-trading-asx-stock-tips-and-discussion)

I’m not trading on the ASX I’m trading on Wall st
If anyone is getting into trading I highly recommend the app STAKE

Easy to use and you can trade US stocks
If you’re joining use my referral code JESSEW833
for 1 free stock in either GoPro, Dropbox or Nike

If anyone else is trading US stocks would love to chat as I’m only just got into it 2 months ago

 

[Zach]

likewise, although i trade through CMC

I'll be honest, the US market to me is the Wild Wild west. I've tried to understand it, i do my DD, but apart from the "big" companies - the apples, Microsoft etc...its an alien planet to me, so i try not to invest crazily in it. I find it hard to "like" much of what america offers.

I like the ASX though, i feel more comfortable understanding the AUS market, understanding the emotion and sentiment behind it, as obviously, im physically in the country and up to date with the policitcs/economics!

 

[Dyloh]

A lot of the big guys seem to be slowly moving out of stocks and there seems to be a fair few doomy predictions in regards to the stock market as a whole. The GameStop thing caused a fair bit of drama. Ray Dalio is predicting a depression, Robert Kiyoski is saying get out of everything other then silver and crypto. Im in no way an expert in any of this, just thought maybe i should shed some light on some of the other things that are happening in this space right now so people might go and see what they have to say and make an informed decision.

 

[TillLindemann]

Re: [Share Trading ASX - Stock Tips and Discussion](/topic/30534/share-trading-asx-stock-tips-and-discussion)

I’m not trading on the ASX I’m trading on Wall st
If anyone is getting into trading I highly recommend the app STAKE

Easy to use and you can trade US stocks
If you’re joining use my referral code JESSEW833
for 1 free stock in either GoPro, Dropbox or Nike

If anyone else is trading US stocks would love to chat as I’m only just got into it 2 months ago

Make sure you properly understand the tax implications of investing overseas rather than in Australia.

 

[TillLindemann]

Robert Kiyoski is saying get out of everything other then silver and crypto.

There is ALWAYS someone saying this (and I say this as someone who holds both silver and crypto). And there is always someone saying we're heading for a depression. A few times a century they'll be right. Though as Nassim Nicolas Taleb (Black Swan author) explains, when they are right, they are spectacularly right and everyone else is spectacularly wrong. So I would advocate being diversified with a range of businesses that will do well long term in the good times, and hold a core of gold/silver/crypto/cash as a hedge for when things do go wrong.

 

[Dyloh]

Robert Kiyoski is saying get out of everything other then silver and crypto.

There is ALWAYS someone saying this (and I say this as someone who holds both silver and crypto). And there is always someone saying we're heading for a depression. A few times a century they'll be right. Though as Nassim Nicolas Taleb (Black Swan author) explains, when they are right, they are spectacularly right and everyone else is spectacularly wrong. So I would advocate being diversified with a range of businesses that will do well long term in the good times, and hold a core of gold/silver/crypto/cash as a hedge for when things do go wrong.

I fully agree in diversification but in regards to some of the current predictions of the economy I can’t help but feel as though we are In uncharted waters. Unprecedented money printing/stimulus, automation, climate change action and Covid literally all happening at once on top of already struggling economies.

 

[TillLindemann]

Robert Kiyoski is saying get out of everything other then silver and crypto.

There is ALWAYS someone saying this (and I say this as someone who holds both silver and crypto). And there is always someone saying we're heading for a depression. A few times a century they'll be right. Though as Nassim Nicolas Taleb (Black Swan author) explains, when they are right, they are spectacularly right and everyone else is spectacularly wrong. So I would advocate being diversified with a range of businesses that will do well long term in the good times, and hold a core of gold/silver/crypto/cash as a hedge for when things do go wrong.

I fully agree in diversification but in regards to some of the current predictions of the economy I can’t help but feel as though we are In uncharted waters. Unprecedented money printing/stimulus, automation, climate change action and Covid literally all happening at once on top of already struggling economies.

Yeah I agree, and I base much of my investing on these trends. So on climate change I invest in mining companies that mine the things renewables/batteries/electric cars depend on, while avoiding coal/oil. I also think food security will become more of an issue over time due to climate change so I invest in certain quality agricultural producers.

On automation I have invested in RBTZ, ROBO, and HACK ETFs.

And on money printing I invest in gold, silver and cryptos, but also money printing has proven to be good for plenty of stocks (but I would say bad for the public generally) as it artificially inflates prices.

 

[Merlot]

how is lithium market doing,very fickle ?

 

[TillLindemann]

how is lithium market doing,very fickle ?

My opinion is lithium attracts every man and his dog, but there are better bargains in less 'sexy' battery metals like manganese and nickel.

 

[westy81]

Robert Kiyoski is saying get out of everything other then silver and crypto.

There is ALWAYS someone saying this (and I say this as someone who holds both silver and crypto). And there is always someone saying we're heading for a depression. A few times a century they'll be right. Though as Nassim Nicolas Taleb (Black Swan author) explains, when they are right, they are spectacularly right and everyone else is spectacularly wrong. So I would advocate being diversified with a range of businesses that will do well long term in the good times, and hold a core of gold/silver/crypto/cash as a hedge for when things do go wrong.

Yea I’ve got some stocks in different fields, electric cars, banking, S&P 500, medical marijuana

I want to invest most of my money into S&P as it on average the last 10 years gains 13% every year

 

[TillLindemann]

I want to invest most of my money into S&P as it on average the last 10 years gains 13% every year

Fair enough. On the other hand though, the Australian market is probably the best dividend payer in the world.

 

[voice_of_reason]

Make sure you properly understand the tax implications of investing overseas rather than in Australia.

This ^

I'd be interested in how you're handling the IRS requirements. They have very long reach even way back in Australia - I know from personal experience. And once they have you, it's very hard to get off their records.

 

[heatherwillis]

If you're just getting started with trading, it can be helpful to find a platform that's user-friendly and helps you get up to speed quickly.

 

[Merlot]

If you're just getting started with trading, it can be helpful to find a platform that's user-friendly and helps you get up to speed quickly.

have you got a split personality,no bother here as long as your user friendly.

 

[The Sniffer]

If you're just getting started with trading, it can be helpful to find a platform that's user-friendly and helps you get up to speed quickly.

Ive heard good things about FTX