I wasn’t old enough to be interested in the stock market during the late ’90s and early 2000s. So to me, the dot-com bubble, and its crash, is not something I have lessons from. But I’ve experienced enough in my investing life already that I’ve learned everything is a teachable moment.
Whether good or bad, every experience teaches you something to make you better. As a recent example, in the past year, I bought Intel Corporation (INTC) and SAP both the day after their stock was down big from negative news.
There seems to be no agreement on how much the stock market returns on average each year. Some say 8%, I’ve seen others say 7%. There are conservative numbers like 6% or high expectations such as 10%. I personally would use 8% as the number I expect the market to return each year. But not anymore.
Over the last ten years, the S&P 500 has provided an annual return of 11.56%. There is reason to believe this annual 11.56% average can continue for the foreseeable future.
I went through Yahoo Finance and found the closing price of the S&P 500…
In 2016–2017 it was pot stocks. In 2020–2021 it’s EV stocks. And in a few years, it will be quantum computing stocks.
As is often the case, there are industries that offer innovation and potential returns years before profits are made. A few years ago marijuana companies saw their share prices skyrocket as legalization crept across states. Recreational marijuana is still not legalized on the federal level. These companies have seen their share prices fall as they haven’t been able to produce revenue and profit numbers that meet analysts’ expectations.
Tesla has been on a remarkable ride the last few…
The shipping, transportation, and logistics industry is always adapting. As consumer preferences change and online purchases increase, this industry becomes more important. They are an essential piece in a product’s lifecycle and success, and blockchain can be used to help the industry improve even more.
Some of the key business application features of blockchain are that it is private, secure, and can help scale up. These are all issues currently being faced in the industry that are crucial to success.
Privacy is important to both the end-user customer and the companies relying on this industry for business operations. End-user customers…
GameStop’s stock was a rollercoaster of emotions a month ago. From $20 to $300 in one month, Robinhood halting buying shares, and a federal hearing. It was an exciting time.
I expected it to fizzle out with no real change occurring. And for the most part, it did.
But one aspect that has stayed is short squeezing.
As you’ve probably read many times elsewhere, short squeezing is a rapid increase in the price of a stock that is heavily shorted, in an attempt to bust those who are shorting it.
The investing world is rapidly changing. Every week seems to offer something new. Yesterday a new ETF, BUZZ, launched.
BUZZ was referred to me by a friend as “Barstool’s ETF”. Just a few years ago who would’ve thought the media company producing content about sports and pop-culture would have an ETF.
It’s not entirely true that BUZZ is Barstool’s ETF. That’s a bit of an exaggeration.
The Van Eck Vectors Social Sentiment ETF (BUZZ) tracks stocks that are getting a lot of social media hype.
I was by no means an alcoholic. I made the decision to give up alcohol (for the time being) for the financial, mental, and physical health benefits. And it’s been great — I’d recommend everyone try it out.
The money I could save from cutting alcohol out of my life was 90% of the reason why I made the decision.
Steve Jobs lived a crazy life. I was unaware of most of his backstory until I read his self-titled, very revealing biography, Steve Jobs, by Walter Isaacson.
There are many business and life lessons to be picked up from this book, as well as just admiring the life Jobs lived and all the hard work he put in.
While reading the biography, five excerpts and lessons stood out to me the most.
Pretend to be completely in control and people will assume that you are. (Page 55)
Apple has a history of innovation. From their contributions to desktops and personal laptops to the iPod and iPhone, they’ve been a leader in consumer technology. But it’s been years since Apple, or any tech company, has revealed a culturally changing technology.
Computers have shrunk from the size of a whole room to fit in our pockets. Now they could fit on our face in the form of glasses.
Smart glasses can be used to describe a variety of items.
Smart glasses are wearable computer glasses that add information to what the wearer sees.
Bitcoin has been all the buzz in the crypto world this past year — and rightfully so. Its price had rapidly climbed to begin 2021, but is now down big the past few days. The asset has still seen considerable growth in the past several months.
We’re still at the beginning of the cryptocurrencies and digital asset transition. Even with all of bitcoin’s success, ethereum can end up being much bigger.
As explained by Ethereum.org,
Ethereum is the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications.
Ethereum is a technology. It also powers applications that everyone…