Which stonks are you buying if any?

[Umfriend]

With similar reasoning, I suggested my wife to put a bit into an airliner. I am not a fan of airliners generally but they cut a lot of fat (i.e. staff and wage-costs/reductions) and I do expect people to fly a lot once possible. Could be wrong though, as I often am.

[dZeus]

I'm a very small Chia farmer now.

No, I did not buy any HW, just use what I had laying around idle. And I am still extremely cryptosceptic. Just a bit of fun tinkering.

I'm actually not buying stock (aside from the montlhy investments in equity funds at a lower rate than Utwig). I just feel prices are to high.

I bought some ABI speculating on reopening post covid (and no resurgence due to the indian variant), as well as some VACQ as I assume the space industry will go through some exponential growth over the next 20 years (valuation wise I probably overpaid by a lot given current performance).
The ABI will be sold off once it hits 80-90 range.

If the Indian Covid causes a new infection wave in the UK, then I might as well write off my entire stake in IAG.

While valuations are pretty insane across the board, so is the current commodities inflation. Keeping cash might not be a safe alternative. My best performing investment in the past 2 months has been a gold (not crypto) miner.

[Umfriend]

I'm a very small Chia farmer now.

No, I did not buy any HW, just use what I had laying around idle. And I am still extremely cryptosceptic. Just a bit of fun tinkering.

I'm actually not buying stock (aside from the montlhy investments in equity funds at a lower rate than Utwig). I just feel prices are to high.

[UtwigMU]

nVidia to split stock 4 to 1.

Granies calling me how to buy ripple and looser rich man's son calling me how to get in mining, no GPU between 300 and 1000 Euros in stock anywhere gave me a hint to get in nVidia earlier this year.

[Umfriend]

Lol

[UtwigMU]

https://www.reddit.com/r/wallstreetbets/comments/n3dujk/wsb_analyzes_some_charts/

Good meme that sums up the state of things. Cool babes too.

[Dr Mordrid]

https://www.cnbc.com/2021/04/26/tesla-tsla-earnings-q1-2021-.html

Tesla posts record net income of $438 million, revenue surges by 74%

KEY POINTS

• Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.

• In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”

• On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.
>

[UtwigMU]

Haven't sold anything so far, investing for 1.5 years. There is a tax discount on sale profits the longer you hold stocks which goes down significantly after 5 years. I have another €€/month long term saving in a mutual fund.

The common wisdom goes you should save around 15% of your income and have around 1 annual salary saved by 30, 3 by 40, 6 by 50, 10 by 60, etc... I'm still quite a way behind this plan.

Median wealth here is 41k (higher than Germany and NL because of high home ownership) and I'm not near that either. Income wise I'm 1% but I'm still poor.

[Umfriend]

Assuming you don't sell, you're saving up quite some capital then, nice.

I never did get that "quality of stock holders" argument but AFAIK, Buffet says the same thing.

[UtwigMU]

No because splits affect quality of stock holders. One of my friends owns like 1% of the company and he's a Warren Buffet type value long term investor.
I buy stocks quarterly because it's optimal to buy at least 2.7k foreign or .7k local stocks the way minimum fees stand.

[Umfriend]

Nice. Wouldn't u prefer them to do like a 1:50 split?

[UtwigMU]

My favorite stock SI:SALR went from 700 to 1060 EUR in a year. They doubled profit in 2020. They also increased dividend to 55 EUR. I have single digit holding. It's still trading at around 11 P/E.

nVidia is up 18%.

[Umfriend]

I will have a look at PLTR. I am more into engineering, renewables but mostly by accident.

Hmmm, PLTR hasn't paid dividends yet which I do not really like. And I am not sure if my broker allows me to trade options. I think they should but I'd have to check.

[UtwigMU]

Go for Palantir, it's around $24 now. It's hard to trade options in Europe. My brokerage does not have them. For ibkr you need to state you have 50k in liquid net worth.

[Umfriend]

I have had a quick look at US-stocks but it's just to hard for me. I have rather irrational requirements. One being that a single stock is not more than around EUR 30 because I trade in 100s as I do options around them as well. Unfortunately, I can only trade liquid options in Amsterdam, the other European exchanges, I think, are rather illiquid. Need to check, maybe something about my broker.