Bryan Hoo's Blog, page 3
March 23, 2021
Best Gold ETFs of 2021
Gold is a popular asset among investors wishing to hedge against risks such as inflation, market turbulence, and political unrest. Aside from buying gold bullion directly, another way to gain exposure to gold is by investing in exchange-traded funds (ETFs) that hold gold as their underlying asset or invest in gold futures contracts.
Some investors view ETFs as a relatively liquid and low-cost option for investing in gold compared to alternatives such as gold futures or shares of gold mining companies. Still, the price of gold can see big swings, meaning ETFs that track it can also be volatile.
ETF#1: Invesco DB Precious Metals Fund (DBP)
Performance over 1-Year: 19.1%
Expense Ratio: 0.75%
Annual Dividend Yield: N/A
3-Month Average Daily Volume: 23,587
Assets Under Management: $128.1 million
Inception Date: January 5, 2007
Issuer: Invesco
DBP tracks the DBIQ Optimum Yield Precious Metals Index Excess Return, a rules-based index comprised of futures contracts of both gold and silver. The ETF, which is structured as a commodity pool, provides exposure to both of these precious metals with more than 77% of its total assets invested in gold futures and nearly 23% invested in silver futures. The fund also includes interest income from its holdings of U.S. Treasury securities. It is designed for investors looking for a cost-effective and convenient way to invest in commodity futures, but may not be suitable for all investors due to the volatile nature of futures contracts.
ETF#2: Aberdeen Standard Physical Gold Shares ETF (SGOL)
Performance over 1-Year: 15.5%
Expense Ratio: 0.17%
Annual Dividend Yield: N/A
3-Month Average Daily Volume: 1,554,663
Assets Under Management: $2.6 billion
Inception Date: September 9, 2009
Issuer: Aberdeen Standard Investments
SGOL is designed to track the spot price of gold bullion, less the fund's expenses. The ETF is structured as a grantor trust, which may provide a certain degree of tax protection to investors. It is physically backed by bars of physical gold bullion held in vaults located in London and Zurich. The fund is designed to offer investors a cost-effective and convenient way to invest in physical gold, but it may not be the most liquid way to gain exposure to the metal.
ETF#3: SPDR Gold MiniShares Trust (GLDM)
Performance over 1-Year: 15.4%
Expense Ratio: 0.18%
Annual Dividend Yield: N/A
3-Month Average Daily Volume: 3,135,246
Assets Under Management: $4.2 billion
Inception Date: June 25, 2018
Issuer: State Street SPDR
GLDM is also structured as a grantor trust that seeks to track the performance of the price of gold bullion, less fund expenses. The ETF's benchmark is the London Bullion Market Association (LBMA) Gold PM Price. It provides a cost-effective and convenient way for investors to invest in gold, as buying and selling shares of GLDM may be lower than the costs of buying, selling, storing, and insuring the physical metal.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~😘
#GoldInvestment #gold #GoldETF #ETF
Some investors view ETFs as a relatively liquid and low-cost option for investing in gold compared to alternatives such as gold futures or shares of gold mining companies. Still, the price of gold can see big swings, meaning ETFs that track it can also be volatile.
ETF#1: Invesco DB Precious Metals Fund (DBP)
Performance over 1-Year: 19.1%
Expense Ratio: 0.75%
Annual Dividend Yield: N/A
3-Month Average Daily Volume: 23,587
Assets Under Management: $128.1 million
Inception Date: January 5, 2007
Issuer: Invesco
DBP tracks the DBIQ Optimum Yield Precious Metals Index Excess Return, a rules-based index comprised of futures contracts of both gold and silver. The ETF, which is structured as a commodity pool, provides exposure to both of these precious metals with more than 77% of its total assets invested in gold futures and nearly 23% invested in silver futures. The fund also includes interest income from its holdings of U.S. Treasury securities. It is designed for investors looking for a cost-effective and convenient way to invest in commodity futures, but may not be suitable for all investors due to the volatile nature of futures contracts.
ETF#2: Aberdeen Standard Physical Gold Shares ETF (SGOL)
Performance over 1-Year: 15.5%
Expense Ratio: 0.17%
Annual Dividend Yield: N/A
3-Month Average Daily Volume: 1,554,663
Assets Under Management: $2.6 billion
Inception Date: September 9, 2009
Issuer: Aberdeen Standard Investments
SGOL is designed to track the spot price of gold bullion, less the fund's expenses. The ETF is structured as a grantor trust, which may provide a certain degree of tax protection to investors. It is physically backed by bars of physical gold bullion held in vaults located in London and Zurich. The fund is designed to offer investors a cost-effective and convenient way to invest in physical gold, but it may not be the most liquid way to gain exposure to the metal.
ETF#3: SPDR Gold MiniShares Trust (GLDM)
Performance over 1-Year: 15.4%
Expense Ratio: 0.18%
Annual Dividend Yield: N/A
3-Month Average Daily Volume: 3,135,246
Assets Under Management: $4.2 billion
Inception Date: June 25, 2018
Issuer: State Street SPDR
GLDM is also structured as a grantor trust that seeks to track the performance of the price of gold bullion, less fund expenses. The ETF's benchmark is the London Bullion Market Association (LBMA) Gold PM Price. It provides a cost-effective and convenient way for investors to invest in gold, as buying and selling shares of GLDM may be lower than the costs of buying, selling, storing, and insuring the physical metal.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~😘
#GoldInvestment #gold #GoldETF #ETF
March 22, 2021
Skills That Traders Need
Alright. this is lesson time again. We will talk about the topic "Skills That traders Need" in this week. Enjoy~😏
There are many routes to becoming a professional trader, as well as many skills that a candidate needs to excel in a high-stress, highly-competitive field. When financial firms recruit for trading positions, they tend to look for people with degrees in math, engineering, and hard sciences rather than simply those with finance backgrounds.
Skill#1: Analytical Skill
One skill every trader needs is the ability to analyze data quickly. There is a lot of math involved in trading, but it is represented through charts with indicators and patterns from technical analysis. Consequently, traders need to develop their analytical skills so they can recognize trends and trends in the charts. 📈
Skill#2: Research
Traders need to have a healthy thirst for information and a desire to find all the relevant data that impacts the securities they trade. Many traders create calendars of economic releases and set announcements that have measurable effects on the financial markets. By being on top of these information sources, traders are able to react to new information as the market is still digesting it.
Maybe research sounds pretty easy, but it is definitely not! More and more researching skills are needed to learn to become a more successful trader.
Skill#3: Focus
Focus is a skill and it increases the more traders exercise it. Because there is so much financial information out there, traders need to be able to hone in on the important, actionable data that will affect their trades.
Some traders also focus on the types of securities they trade so they can deepen their understanding of a specific sector, industry or currency to the point where it becomes a competitive advantage against less specialized traders. 🤠
Skill#4: Control
Hand in hand with focus is control and, specifically, self-control. A trader needs to be able to control their emotions and stick to a trading plan and strategy. This is especially important in managing risk by using stop losses or taking profits at set points.
Many strategies are designed so the trader loses a little in bad trades and systematically gains more on good trades. When traders start to get emotional about their trades—good or bad—strategy goes out the window.
Skill#5: Record Keeping
One of the most important keys to trading is record keeping. If a trader records the results of his or her trades diligently, then improving is simply a matter of testing and tweaking strategies to find a successful one. It is hard to show real progress if you aren't keeping accurate records.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🥰
#trader #tradingskills #tradingtips #trading #traderlifestyle
There are many routes to becoming a professional trader, as well as many skills that a candidate needs to excel in a high-stress, highly-competitive field. When financial firms recruit for trading positions, they tend to look for people with degrees in math, engineering, and hard sciences rather than simply those with finance backgrounds.
Skill#1: Analytical Skill
One skill every trader needs is the ability to analyze data quickly. There is a lot of math involved in trading, but it is represented through charts with indicators and patterns from technical analysis. Consequently, traders need to develop their analytical skills so they can recognize trends and trends in the charts. 📈
Skill#2: Research
Traders need to have a healthy thirst for information and a desire to find all the relevant data that impacts the securities they trade. Many traders create calendars of economic releases and set announcements that have measurable effects on the financial markets. By being on top of these information sources, traders are able to react to new information as the market is still digesting it.
Maybe research sounds pretty easy, but it is definitely not! More and more researching skills are needed to learn to become a more successful trader.
Skill#3: Focus
Focus is a skill and it increases the more traders exercise it. Because there is so much financial information out there, traders need to be able to hone in on the important, actionable data that will affect their trades.
Some traders also focus on the types of securities they trade so they can deepen their understanding of a specific sector, industry or currency to the point where it becomes a competitive advantage against less specialized traders. 🤠
Skill#4: Control
Hand in hand with focus is control and, specifically, self-control. A trader needs to be able to control their emotions and stick to a trading plan and strategy. This is especially important in managing risk by using stop losses or taking profits at set points.
Many strategies are designed so the trader loses a little in bad trades and systematically gains more on good trades. When traders start to get emotional about their trades—good or bad—strategy goes out the window.
Skill#5: Record Keeping
One of the most important keys to trading is record keeping. If a trader records the results of his or her trades diligently, then improving is simply a matter of testing and tweaking strategies to find a successful one. It is hard to show real progress if you aren't keeping accurate records.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🥰
#trader #tradingskills #tradingtips #trading #traderlifestyle
Biggest Stock Scams of the World
Okay, back to lesson time. We will talk about "Biggest Stock Scams of the World" in this week. Enjoy~😁
Scam#1: ZZZZ Best (1986)
Barry Minkow, the owner of this business, claimed that this carpet cleaning company of the 1980s would become the "General Motors of carpet cleaning." Minkow appeared to be building a multi-million dollar corporation, but he did so through forgery and theft. He created more than 20,000 phony documents and sales receipts without anybody suspecting anything.
Although his business was a fraud designed to deceive auditors and investors, Minkow shelled out more than $4 million to lease and renovate an office building in San Diego. ZZZZ Best went public in December of 1986, eventually reaching a market capitalization of more than $200 million. Amazingly, Barry Minkow was only a teenager at the time. He was sentenced to 25 years in prison.
Scam#2: Centennial Technologies (1996)
In December 1996, Emanuel Pinez, the CEO of Centennial Technologies, and his management recorded that the company made $2 million in revenue from PC memory cards. However, the company was really shipping fruit baskets to customers. The employees then created fake documents as evidence that they were recording sales. Centennial's stock rose 451% to $55.50 per share on the New York Stock Exchange (NYSE).
According to the Securities and Exchange Commission (SEC), between April 1994 and December 1996, Centennial overstated its earnings by about $40 million. Amazingly, the company reported profits of $12 million when it had lost approximately $28 million. The stock plunged to less than $3. Over 20,000 investors lost almost all of their investment in a company that was once considered a Wall Street darling.
Scam#3: Bre-X Minerals (1997)
This Canadian company was involved in one of the largest stock swindles in history. Its Indonesian gold property, which was reported to contain more than 200 million ounces, was said to be the richest gold mine, ever. The stock price for Bre-X skyrocketed to a high of $280 (split-adjusted), making millionaires out of ordinary people overnight. At its peak, Bre-X had a market capitalization of $4.4 billion.
The party ended on March 19, 1997, when the gold mine proved to be fraudulent, and the stock tumbled to pennies shortly after. The major losers were the Quebec public sector pension fund, which lost $70 million, the Ontario Teachers' Pension Plan Board, which lost $100 million, and the Ontario Municipal Employees' Retirement Board, which lost $45 million.
Scam#4: Bernard Madoff (2008)
Bernard Madoff, the former chairman of the Nasdaq and founder of the market-making firm Bernard L. Madoff Investment Securities, was turned in by his two sons and arrested on Dec. 11, 2008, for allegedly running a Ponzi scheme. The 70-year-old kept his hedge fund losses hidden by paying early investors with money raised from others. This fund consistently recorded an 11% gain every year for 15 years.
The fund's supposed strategy, which was provided as the reason for these consistent returns, was to use proprietary option collars that are meant to minimize volatility. This scheme duped investors out of approximately $50 billion.
Alright, this is all from today lesson. More and more topics will be discussed in the future. Stay Tune~😜
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#scam #scandal #moneyheist #stockmarket #investor
Scam#1: ZZZZ Best (1986)
Barry Minkow, the owner of this business, claimed that this carpet cleaning company of the 1980s would become the "General Motors of carpet cleaning." Minkow appeared to be building a multi-million dollar corporation, but he did so through forgery and theft. He created more than 20,000 phony documents and sales receipts without anybody suspecting anything.
Although his business was a fraud designed to deceive auditors and investors, Minkow shelled out more than $4 million to lease and renovate an office building in San Diego. ZZZZ Best went public in December of 1986, eventually reaching a market capitalization of more than $200 million. Amazingly, Barry Minkow was only a teenager at the time. He was sentenced to 25 years in prison.
Scam#2: Centennial Technologies (1996)
In December 1996, Emanuel Pinez, the CEO of Centennial Technologies, and his management recorded that the company made $2 million in revenue from PC memory cards. However, the company was really shipping fruit baskets to customers. The employees then created fake documents as evidence that they were recording sales. Centennial's stock rose 451% to $55.50 per share on the New York Stock Exchange (NYSE).
According to the Securities and Exchange Commission (SEC), between April 1994 and December 1996, Centennial overstated its earnings by about $40 million. Amazingly, the company reported profits of $12 million when it had lost approximately $28 million. The stock plunged to less than $3. Over 20,000 investors lost almost all of their investment in a company that was once considered a Wall Street darling.
Scam#3: Bre-X Minerals (1997)
This Canadian company was involved in one of the largest stock swindles in history. Its Indonesian gold property, which was reported to contain more than 200 million ounces, was said to be the richest gold mine, ever. The stock price for Bre-X skyrocketed to a high of $280 (split-adjusted), making millionaires out of ordinary people overnight. At its peak, Bre-X had a market capitalization of $4.4 billion.
The party ended on March 19, 1997, when the gold mine proved to be fraudulent, and the stock tumbled to pennies shortly after. The major losers were the Quebec public sector pension fund, which lost $70 million, the Ontario Teachers' Pension Plan Board, which lost $100 million, and the Ontario Municipal Employees' Retirement Board, which lost $45 million.
Scam#4: Bernard Madoff (2008)
Bernard Madoff, the former chairman of the Nasdaq and founder of the market-making firm Bernard L. Madoff Investment Securities, was turned in by his two sons and arrested on Dec. 11, 2008, for allegedly running a Ponzi scheme. The 70-year-old kept his hedge fund losses hidden by paying early investors with money raised from others. This fund consistently recorded an 11% gain every year for 15 years.
The fund's supposed strategy, which was provided as the reason for these consistent returns, was to use proprietary option collars that are meant to minimize volatility. This scheme duped investors out of approximately $50 billion.
Alright, this is all from today lesson. More and more topics will be discussed in the future. Stay Tune~😜
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#scam #scandal #moneyheist #stockmarket #investor
3 Signs That You Will Be Rich One Day
Okay, back to lesson time. We will talk about the "3 Signs That You Will Be Rich One Day". Enjoy~☺️
Almost everyone wonders what they are meant to do and if they will be successful one day or not.
But what if we were to tell you that there are actual signs that could tell you if you will be rich one day? If you ever wondered about how to become rich, then you know that there are secrets to it, like anything else.
But some signs tell you if you have what it takes too.
The one thing that will accurately tell if a person will be rich one day or not is a person’s character. People who are more hardworking, dedicated, and open-minded have what it takes to be highly successful.
There are 3 ways to determine your chances of success. If you show these 3 signs, then there is a strong chance you’ll be rich one day.🤑
1. You have an entrepreneurial spirit at a young age.
The first sign that you’ll become rich one day is having an entrepreneurial mindset and affinity for doing business at a young age.
You see, most wealthy people started making their money very early and they all went about it in many different ways.
There are no rules and right and wrong things to do — it’s mostly about taking action and doing what it takes to satisfy your entrepreneurial thirst and desire for growth.
2. You waste No Time:
After studying over 500 millionaires, journalist and author Napoleon Hill found that successful people act promptly.
In his 1937 personal finance classic, “Think and Grow Rich” he writes: “Analysis of several hundred people who had accumulated fortunes well beyond the million-dollar mark disclosed the fact that every one of them had the habit of reaching decisions promptly.”
If you are impatient and have a strong sense of urgency, you are probably a high achiever as well.
Patience is not a virtue. Dan Lok always says that patience is a character flow because high achievers are impatient.
3. You Set Goals
The third pillar of the mindset of the rich is that they re extremely goal-oriented.
They have the clarity of vision and a plan for everything. All successful people are prepared to do the next big thing and have a clear vision in mind.
They have focus and a clear plan of action for themselves. This strong goal-oriented mentality makes them super focused on what they want to achieve and prevents them from being distracted.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🙃
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#getrich #growthmindset #moneymindset #lawofattraction #setgoals
Almost everyone wonders what they are meant to do and if they will be successful one day or not.
But what if we were to tell you that there are actual signs that could tell you if you will be rich one day? If you ever wondered about how to become rich, then you know that there are secrets to it, like anything else.
But some signs tell you if you have what it takes too.
The one thing that will accurately tell if a person will be rich one day or not is a person’s character. People who are more hardworking, dedicated, and open-minded have what it takes to be highly successful.
There are 3 ways to determine your chances of success. If you show these 3 signs, then there is a strong chance you’ll be rich one day.🤑
1. You have an entrepreneurial spirit at a young age.
The first sign that you’ll become rich one day is having an entrepreneurial mindset and affinity for doing business at a young age.
You see, most wealthy people started making their money very early and they all went about it in many different ways.
There are no rules and right and wrong things to do — it’s mostly about taking action and doing what it takes to satisfy your entrepreneurial thirst and desire for growth.
2. You waste No Time:
After studying over 500 millionaires, journalist and author Napoleon Hill found that successful people act promptly.
In his 1937 personal finance classic, “Think and Grow Rich” he writes: “Analysis of several hundred people who had accumulated fortunes well beyond the million-dollar mark disclosed the fact that every one of them had the habit of reaching decisions promptly.”
If you are impatient and have a strong sense of urgency, you are probably a high achiever as well.
Patience is not a virtue. Dan Lok always says that patience is a character flow because high achievers are impatient.
3. You Set Goals
The third pillar of the mindset of the rich is that they re extremely goal-oriented.
They have the clarity of vision and a plan for everything. All successful people are prepared to do the next big thing and have a clear vision in mind.
They have focus and a clear plan of action for themselves. This strong goal-oriented mentality makes them super focused on what they want to achieve and prevents them from being distracted.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🙃
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#getrich #growthmindset #moneymindset #lawofattraction #setgoals
Investing Rules From The World’s Top Investors
Investors don't agree on much, but they do agree that making money in the market comes with a steadfast strategy that is built around a set of rules. Think for a moment about your early days as an investor. If you're like many, you jumped in with very little knowledge of the markets. When you bought, you didn't know what a bid-ask spread was, and you sold either too early if the stock went up or too late if the stock dropped.
If you don't have your own carefully crafted suite of investing rules, now is the time to do it, and the best place to start is to ask the people who have had success in their investing careers. We not only found people who can claim success but who are also some of the most successful investors in history. 😀
1. Dennis Gartman: Let Winners Run
Dennis Gartman began publishing The Gartman Letter in 1987. It is a daily commentary of global capital markets that is delivered to hedge funds, brokerage firms, mutual funds, and grain and trading firms around the world each morning. Gartman is also an accomplished trader and a frequent guest on financial networks.
"Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are 'right' only 30% of the time, as long as our losses are small and our profits are large." —Dennis Gartman
His rule above addresses a number of mistakes young investors make. First, don't sell at the first sign of profits; let winning trades run. Second, don't let a losing trade getaway.
As Gartman points out, you don't have to be right a majority of the time. What is more important is to let a winning trade run and get out of a losing trade quickly. If you follow this rule, the money you make on the winning trades will far outpace the losing trades.
2. Warren Buffett: Do the Research
Warren Buffett is widely considered to be the most successful investor in history. Not only is he one of the richest men in the world, but he also has had the financial ear of numerous presidents and world leaders. When Buffett talks, world markets move based on his words.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." —Warren Buffett
Buffett gives two key pieces of advice when evaluating a company: First, look at the quality of the company, then at the price. Looking at the quality of a company requires that you read financial statements, listen to conference calls, and vet management. Then, only after you have confidence in the quality of the company, should the price be evaluated.
3. Bill Gross: Have Conviction
Bill Gross is the co-founder of PIMCO. He managed the PIMCO Total Return Fund, one of the largest bond funds in the world, and was the firm's chief investment officer before leaving in 2014.
Gross' rule focuses on portfolio management.
"Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count. Good [investment] ideas should not be diversified away into meaningless oblivion." —Bill Gross
A universal rule that most young investors know is diversification, i.e. don't put all of your investing capital into one name. Diversification is a good rule of thumb, but it can also diminish your profits when one of your picks makes a big move while other names don't.
Making money in the market is also about taking chances based on exhaustive research. Always keep some cash in your account for those opportunities that need a little more capital and don't be afraid to act when you believe that your research is pointing to a real winner.
4. Prince Alwaleed Bin Talal: Patience Is Key
You may have never heard of Prince Alwaleed Bin Talal, but he's well known in the investing world. An investor from Saudi Arabia, he founded the Kingdom Holding Company later made a major bet on Citigroup (C) predecessor Citicorp in the early 1990s, becoming the bank's largest shareholder.
In addition to that, he's also made investments in Twitter (TWTR) and Snap (SNAP). His patience was tested during the Great Recession when many of his investments took a hit.
"I'm a long-termer. I'm not a seller." —Prince Alwaleed Bin Talal
When others have sold, notably when Citi was under heavy pressure in the late 1990s, Prince Alwaleed Bin Talal did what many of the best investors do to amass their riches: hold their investments. Investors that have strong convictions and have done the research are able to hold for long periods of time, riding out rocky market events.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🤪
#investing #invest #valueinvesting
If you don't have your own carefully crafted suite of investing rules, now is the time to do it, and the best place to start is to ask the people who have had success in their investing careers. We not only found people who can claim success but who are also some of the most successful investors in history. 😀
1. Dennis Gartman: Let Winners Run
Dennis Gartman began publishing The Gartman Letter in 1987. It is a daily commentary of global capital markets that is delivered to hedge funds, brokerage firms, mutual funds, and grain and trading firms around the world each morning. Gartman is also an accomplished trader and a frequent guest on financial networks.
"Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are 'right' only 30% of the time, as long as our losses are small and our profits are large." —Dennis Gartman
His rule above addresses a number of mistakes young investors make. First, don't sell at the first sign of profits; let winning trades run. Second, don't let a losing trade getaway.
As Gartman points out, you don't have to be right a majority of the time. What is more important is to let a winning trade run and get out of a losing trade quickly. If you follow this rule, the money you make on the winning trades will far outpace the losing trades.
2. Warren Buffett: Do the Research
Warren Buffett is widely considered to be the most successful investor in history. Not only is he one of the richest men in the world, but he also has had the financial ear of numerous presidents and world leaders. When Buffett talks, world markets move based on his words.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." —Warren Buffett
Buffett gives two key pieces of advice when evaluating a company: First, look at the quality of the company, then at the price. Looking at the quality of a company requires that you read financial statements, listen to conference calls, and vet management. Then, only after you have confidence in the quality of the company, should the price be evaluated.
3. Bill Gross: Have Conviction
Bill Gross is the co-founder of PIMCO. He managed the PIMCO Total Return Fund, one of the largest bond funds in the world, and was the firm's chief investment officer before leaving in 2014.
Gross' rule focuses on portfolio management.
"Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count. Good [investment] ideas should not be diversified away into meaningless oblivion." —Bill Gross
A universal rule that most young investors know is diversification, i.e. don't put all of your investing capital into one name. Diversification is a good rule of thumb, but it can also diminish your profits when one of your picks makes a big move while other names don't.
Making money in the market is also about taking chances based on exhaustive research. Always keep some cash in your account for those opportunities that need a little more capital and don't be afraid to act when you believe that your research is pointing to a real winner.
4. Prince Alwaleed Bin Talal: Patience Is Key
You may have never heard of Prince Alwaleed Bin Talal, but he's well known in the investing world. An investor from Saudi Arabia, he founded the Kingdom Holding Company later made a major bet on Citigroup (C) predecessor Citicorp in the early 1990s, becoming the bank's largest shareholder.
In addition to that, he's also made investments in Twitter (TWTR) and Snap (SNAP). His patience was tested during the Great Recession when many of his investments took a hit.
"I'm a long-termer. I'm not a seller." —Prince Alwaleed Bin Talal
When others have sold, notably when Citi was under heavy pressure in the late 1990s, Prince Alwaleed Bin Talal did what many of the best investors do to amass their riches: hold their investments. Investors that have strong convictions and have done the research are able to hold for long periods of time, riding out rocky market events.
Okay, that is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🤪
#investing #invest #valueinvesting
History Of Money
What is Money?
Money, in and of itself, has no actual value; it can be a shell, a metal coin, or a piece of paper. Its value is symbolic; it conveys the importance that people place on it. Money derives its value by virtue of its functions: as a medium of exchange, a unit of measurement, and a storehouse for wealth.
Money allows people to trade goods and services indirectly, it helps communicate the price of goods (prices written in dollar and cents correspond to a numerical amount in your possession, i.e. in your pocket, purse, or wallet), and it provides individuals with a way to store their wealth in the long-term.
The Transition From Bartering to Currency
Money–in some way, shape or form–has been part of human history for at least the last 3,000 years. Before that time, historians generally agree that a system of bartering was likely used.
Bartering is a direct trade of goods and services; for example, a farmer may exchange a bushel of wheat for a pair of shoes from a shoemaker. However, these arrangements take time.
Chinese Create Object That Resembles Modern-Day Coin
Sometime around 770 B.C., the Chinese moved from using actual usable objects–such as tools and weapons–as a medium of exchange to using miniature replicas of these same objects that had been cast in bronze. Due to impracticality–nobody wants to reach into their pocket and impale their hand on a sharp arrow–these tiny daggers, spades, and hoes were eventually abandoned for objects in the shape of a circle. These objects became some of the first coins.
Transition to Paper Currency
Around 700 B.C., the Chinese moved from coins to paper money. By the time Marco Polo–the Venetian merchant, explorer, and writer who travelled through Asia along the Silk Road between A.D. 1271 and 1295–visited China in approximately A.D. 1271, the emperor of China had a good handle on both the money supply and various denominations. In fact, in the place where modern American bills say, "In God We Trust," the Chinese inscription at that time warned: "Those who are counterfeiting will be decapitated."
Okay, that is the final lesson for our topic about History of Money. More and more interesting topic will be discussed in the future. Stay Tune~😎
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#money #wealth #currency
Money, in and of itself, has no actual value; it can be a shell, a metal coin, or a piece of paper. Its value is symbolic; it conveys the importance that people place on it. Money derives its value by virtue of its functions: as a medium of exchange, a unit of measurement, and a storehouse for wealth.
Money allows people to trade goods and services indirectly, it helps communicate the price of goods (prices written in dollar and cents correspond to a numerical amount in your possession, i.e. in your pocket, purse, or wallet), and it provides individuals with a way to store their wealth in the long-term.
The Transition From Bartering to Currency
Money–in some way, shape or form–has been part of human history for at least the last 3,000 years. Before that time, historians generally agree that a system of bartering was likely used.
Bartering is a direct trade of goods and services; for example, a farmer may exchange a bushel of wheat for a pair of shoes from a shoemaker. However, these arrangements take time.
Chinese Create Object That Resembles Modern-Day Coin
Sometime around 770 B.C., the Chinese moved from using actual usable objects–such as tools and weapons–as a medium of exchange to using miniature replicas of these same objects that had been cast in bronze. Due to impracticality–nobody wants to reach into their pocket and impale their hand on a sharp arrow–these tiny daggers, spades, and hoes were eventually abandoned for objects in the shape of a circle. These objects became some of the first coins.
Transition to Paper Currency
Around 700 B.C., the Chinese moved from coins to paper money. By the time Marco Polo–the Venetian merchant, explorer, and writer who travelled through Asia along the Silk Road between A.D. 1271 and 1295–visited China in approximately A.D. 1271, the emperor of China had a good handle on both the money supply and various denominations. In fact, in the place where modern American bills say, "In God We Trust," the Chinese inscription at that time warned: "Those who are counterfeiting will be decapitated."
Okay, that is the final lesson for our topic about History of Money. More and more interesting topic will be discussed in the future. Stay Tune~😎
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#money #wealth #currency
Law Of Attraction On Money
Alright, it is lesson time. We will talk about "Law Of Attraction On Money". Enjoy~
Attract Money Step 1. Focus On Abundance😎
Often top of the list of Law of Attraction money tips, this exercise is predicated on the core Law of Attraction premise that you attract more of what you focus on.
So, if you spend more time focusing on the abundance you have, more could come your way. There are many ways to do this. For example:
-Keep a journal and make a daily habit of noting down 1-5 things you’re grateful to have.
-Close your eyes for 3-5 minutes, spending all the time inhabiting your deepest feelings of gratitude for the abundance in your life.
Attract Money Step 2. Flip The Script
When you’re trying to attract abundance, your inner critic will often tell you that you can’t. Sometimes, it will even tell you that you don’t deserve to be wealthy.
Whenever a negative thought like this arises, immediately flip it around and focus on the opposite. For example, when you worry “I don’t think I’ll ever be successful enough to make money”, firmly tell yourself “Everyone can be successful enough to make huge amounts of money”.
If necessary, use a thought-stopping technique like saying the word “Stop” out loud or picturing a red stop sign.🧐
Attract Money Step 3. Spend In Alignment With Your Values
Another of the best ways to attract money is to ensure you spend the wealth you have on things that really matter. When you live in a way that aligns with your values, you get much money pleasure from spending and develop a much more positive relationship with money. And when you view money in a positive, loving way, you’ll attract more money instantly!
And if you’re not sure what you value, do the following:
-Write down the five most important experiences of your life.
-Write 5 words that describe each.
-Ask yourself: what common themes emerge? These are your key values.
Attract Money Step 4. Face Facts
Manifesting wealth isn’t just about connecting money with happiness. It’s also about looking at the reality of your financial situation and acting accordingly. So, be honest with yourself. Look at all your finances, including debts. Don’t be afraid to reach out for help if you need it. Friends, family, and financial advisers can all help you draw up a plan to improve the situation.
If you don’t have abundance today, that’s okay. Remind yourself that it’s not possible to get to where you want to go unless you engage with the truth of where you are right now.
That is all from today lesson. More and more interesting topics will be discussed in the coming future. Stay Tune~🧐
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
Attract Money Step 1. Focus On Abundance😎
Often top of the list of Law of Attraction money tips, this exercise is predicated on the core Law of Attraction premise that you attract more of what you focus on.
So, if you spend more time focusing on the abundance you have, more could come your way. There are many ways to do this. For example:
-Keep a journal and make a daily habit of noting down 1-5 things you’re grateful to have.
-Close your eyes for 3-5 minutes, spending all the time inhabiting your deepest feelings of gratitude for the abundance in your life.
Attract Money Step 2. Flip The Script
When you’re trying to attract abundance, your inner critic will often tell you that you can’t. Sometimes, it will even tell you that you don’t deserve to be wealthy.
Whenever a negative thought like this arises, immediately flip it around and focus on the opposite. For example, when you worry “I don’t think I’ll ever be successful enough to make money”, firmly tell yourself “Everyone can be successful enough to make huge amounts of money”.
If necessary, use a thought-stopping technique like saying the word “Stop” out loud or picturing a red stop sign.🧐
Attract Money Step 3. Spend In Alignment With Your Values
Another of the best ways to attract money is to ensure you spend the wealth you have on things that really matter. When you live in a way that aligns with your values, you get much money pleasure from spending and develop a much more positive relationship with money. And when you view money in a positive, loving way, you’ll attract more money instantly!
And if you’re not sure what you value, do the following:
-Write down the five most important experiences of your life.
-Write 5 words that describe each.
-Ask yourself: what common themes emerge? These are your key values.
Attract Money Step 4. Face Facts
Manifesting wealth isn’t just about connecting money with happiness. It’s also about looking at the reality of your financial situation and acting accordingly. So, be honest with yourself. Look at all your finances, including debts. Don’t be afraid to reach out for help if you need it. Friends, family, and financial advisers can all help you draw up a plan to improve the situation.
If you don’t have abundance today, that’s okay. Remind yourself that it’s not possible to get to where you want to go unless you engage with the truth of where you are right now.
That is all from today lesson. More and more interesting topics will be discussed in the coming future. Stay Tune~🧐
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
Best ETFs For 2021
What is ETFs?
In recent years, ETFs have become immensely popular with investors for two major reasons. They provide an easy access point to a wide variety of sectors, industries, and strategies. And they tend to minimize many of the risks inherent in investing in individual stocks. 🧐
ETF#1
ARKG is an actively-managed fund that aims to invest in companies best positioned to profit from major advancements in areas such as energy, automation, manufacturing, materials and medicine. A special focus is buying shares of emerging technological and scientific leaders in genetic therapy, molecular diagnostics, gene-editing, and stem cell research. The fund invests in biotech stocks with various market capitalizations but tends toward smaller firms. The top holdings of ARKG include CRISPR Therapeutics AG (CRSP), the Switzerland-based gene-editing medical company; Arcturus Therapeutics Holdings Inc. (ARCT), the biotech company specializing in RNA therapeutics; and Pacific Biosciences of California Inc. (PACB), the gene sequencing and biological observation company.
ETF#2
Invesco Solar ETF (TAN)
TAN is a multi-cap blended ETF that tracks the MAC Global Solar Energy Index, which is comprised of companies focused on the solar energy industry. The fund invests in both growth and value stocks of solar energy companies across developed markets. It holds a relatively focused portfolio of 27 holdings, with more than 60% of invested assets concentrated in the 10 largest positions. The fund's top three holdings include Enphase Energy Inc. (ENPH), the manufacturer of home solar power systems and equipment; SolarEdge Technologies Inc. (SEDG), the Israel-based smart energy technology company; and Xinyi Solar Holdings Ltd. (968:HKG), the China-based company that manufactures and distributes solar glass products.
ETF#3
Invesco WilderHill Clean Energy ETF (PBW)
PBW tracks the WilderHill Clean Energy Index, offering exposure to multi-cap U.S. companies that focus on greener and largely renewable sources of energy and technologies that facilitate cleaner energy. PBW includes tech companies as well as industrials, materials, utilities, and stocks from other sectors. The fund holds about 48 unique equities, with roughly one third of invested assets concentrated in the top 10 positions. PBW's top holdings include FuelCell Energy, Inc. (FCEL), a company which designs, builds, and operates fuel cell power plants; Blink Charging Co. (BLNK), the electric vehicle charging equipment company; and sponsored ADR class A shares of NIO Inc. (NIO), the China-based electric vehicle company.😃
That is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🧐
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
In recent years, ETFs have become immensely popular with investors for two major reasons. They provide an easy access point to a wide variety of sectors, industries, and strategies. And they tend to minimize many of the risks inherent in investing in individual stocks. 🧐
ETF#1
ARKG is an actively-managed fund that aims to invest in companies best positioned to profit from major advancements in areas such as energy, automation, manufacturing, materials and medicine. A special focus is buying shares of emerging technological and scientific leaders in genetic therapy, molecular diagnostics, gene-editing, and stem cell research. The fund invests in biotech stocks with various market capitalizations but tends toward smaller firms. The top holdings of ARKG include CRISPR Therapeutics AG (CRSP), the Switzerland-based gene-editing medical company; Arcturus Therapeutics Holdings Inc. (ARCT), the biotech company specializing in RNA therapeutics; and Pacific Biosciences of California Inc. (PACB), the gene sequencing and biological observation company.
ETF#2
Invesco Solar ETF (TAN)
TAN is a multi-cap blended ETF that tracks the MAC Global Solar Energy Index, which is comprised of companies focused on the solar energy industry. The fund invests in both growth and value stocks of solar energy companies across developed markets. It holds a relatively focused portfolio of 27 holdings, with more than 60% of invested assets concentrated in the 10 largest positions. The fund's top three holdings include Enphase Energy Inc. (ENPH), the manufacturer of home solar power systems and equipment; SolarEdge Technologies Inc. (SEDG), the Israel-based smart energy technology company; and Xinyi Solar Holdings Ltd. (968:HKG), the China-based company that manufactures and distributes solar glass products.
ETF#3
Invesco WilderHill Clean Energy ETF (PBW)
PBW tracks the WilderHill Clean Energy Index, offering exposure to multi-cap U.S. companies that focus on greener and largely renewable sources of energy and technologies that facilitate cleaner energy. PBW includes tech companies as well as industrials, materials, utilities, and stocks from other sectors. The fund holds about 48 unique equities, with roughly one third of invested assets concentrated in the top 10 positions. PBW's top holdings include FuelCell Energy, Inc. (FCEL), a company which designs, builds, and operates fuel cell power plants; Blink Charging Co. (BLNK), the electric vehicle charging equipment company; and sponsored ADR class A shares of NIO Inc. (NIO), the China-based electric vehicle company.😃
That is all from today lesson. More and more interesting topics will be discussed in the future. Stay Tune~🧐
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
February 7, 2021
Psychological Traps That Investors Should Avoid
Alright, this is lesson time! We will talk about the topic "Psychological That Traps Investors Should Avoid" today. Enjoy~🤓
Many authors have written on psychological or behavioral traps that lead people in the wrong direction with their lives in general. Quite frequently, some classic forms of dysfunctional psychology are directly evident in investing behavior.
Trap#1. Anchoring Trap
First, there is the so-called anchoring trap, which refers to an over-reliance on what one originally thinks. Imagine betting on a boxing match and choosing the fighter purely by who has thrown the most punches in their last five fights. You may come out all right by picking the statistically more-active fighter, but the fighter with the least punches may have won five bouts by first-round knockouts. Clearly, any metric can become meaningless when it is taken out of context.
For instance, if you think of a certain company as successful, you may be too confident that its stocks are a good bet. This preconception may be totally incorrect in the prevailing situation or at some point in the future. 😎
Take, for example, electronics retailer Radio Shack. Once a thriving seller of personal electronics and gadgets in the 1980s and 1990s, the chain was crushed by online retailers such as Amazon (AMZN). Those trapped in the perception that Radio Shack was there to stay lost a lot of money as the company filed for bankruptcy multiple times and shrinking from its heyday size of 7,300 stores to 70 outlets by the end of 2017.😟
Trap#2. Sunk Cost Trap
The sunk cost trap is just as dangerous. This is about psychologically (but not in reality) protecting your previous choices or decisions — which is often disastrous for your investments. It is truly hard to take a loss and/or accept that you made the wrong choices or allowed someone else to make them for you. But if your investment is no good, or sinking fast, the sooner you get out of it and into something more promising, the better.
If you clung to stocks that you bought in 1999 at the height of the dot.com boom, you would have had to wait a decade to break even, and that is for non-technology stocks. It's far better not to cling to the sunk cost and to get into other assets classes that are moving up fast. Emotional commitment to bad investments just makes things worse.
Trap#3. Confirmation Trap
Similarly, in the confirmation trap, people often seek out others who have made and are still making, the same mistake. Make sure you get objective advice from fresh sources, rather than consulting the person who gave you the bad advice in the first place. If you find yourself saying something like, "Our stocks have dropped by 30 percent, but it’s surely best just to hang onto them, isn’t it?" then you are seeking confirmation from some other unfortunate investor in the same situation. You can comfort each other in the short run, but it’s just self-delusion. 😊
Trap#4. Blindness Trap
Situational blindness can exacerbate the situation. Even people who are not specifically seeking confirmation often just shut out the prevailing market realities in order to do nothing and postpone the evil day when the losses just have to be confronted.🙂
If you know deep down that there is a problem with your investments, such as a major scandal at the company or market warnings, but you read everything online except for the financial headlines, then you are probably suffering from this blinder effect.
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#investing #investor #psychology
Many authors have written on psychological or behavioral traps that lead people in the wrong direction with their lives in general. Quite frequently, some classic forms of dysfunctional psychology are directly evident in investing behavior.
Trap#1. Anchoring Trap
First, there is the so-called anchoring trap, which refers to an over-reliance on what one originally thinks. Imagine betting on a boxing match and choosing the fighter purely by who has thrown the most punches in their last five fights. You may come out all right by picking the statistically more-active fighter, but the fighter with the least punches may have won five bouts by first-round knockouts. Clearly, any metric can become meaningless when it is taken out of context.
For instance, if you think of a certain company as successful, you may be too confident that its stocks are a good bet. This preconception may be totally incorrect in the prevailing situation or at some point in the future. 😎
Take, for example, electronics retailer Radio Shack. Once a thriving seller of personal electronics and gadgets in the 1980s and 1990s, the chain was crushed by online retailers such as Amazon (AMZN). Those trapped in the perception that Radio Shack was there to stay lost a lot of money as the company filed for bankruptcy multiple times and shrinking from its heyday size of 7,300 stores to 70 outlets by the end of 2017.😟
Trap#2. Sunk Cost Trap
The sunk cost trap is just as dangerous. This is about psychologically (but not in reality) protecting your previous choices or decisions — which is often disastrous for your investments. It is truly hard to take a loss and/or accept that you made the wrong choices or allowed someone else to make them for you. But if your investment is no good, or sinking fast, the sooner you get out of it and into something more promising, the better.
If you clung to stocks that you bought in 1999 at the height of the dot.com boom, you would have had to wait a decade to break even, and that is for non-technology stocks. It's far better not to cling to the sunk cost and to get into other assets classes that are moving up fast. Emotional commitment to bad investments just makes things worse.
Trap#3. Confirmation Trap
Similarly, in the confirmation trap, people often seek out others who have made and are still making, the same mistake. Make sure you get objective advice from fresh sources, rather than consulting the person who gave you the bad advice in the first place. If you find yourself saying something like, "Our stocks have dropped by 30 percent, but it’s surely best just to hang onto them, isn’t it?" then you are seeking confirmation from some other unfortunate investor in the same situation. You can comfort each other in the short run, but it’s just self-delusion. 😊
Trap#4. Blindness Trap
Situational blindness can exacerbate the situation. Even people who are not specifically seeking confirmation often just shut out the prevailing market realities in order to do nothing and postpone the evil day when the losses just have to be confronted.🙂
If you know deep down that there is a problem with your investments, such as a major scandal at the company or market warnings, but you read everything online except for the financial headlines, then you are probably suffering from this blinder effect.
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#investing #investor #psychology
Habits That Help You To Reach Financial Freedom
This is the Complete Lesson Notes on the Lesson "Habits That Help You To Reach Financial Freedom". Enjoy~
Achieving financial freedom is a goal for many people. It generally means having enough savings, investments, and cash on hand to afford the lifestyle we want for ourselves and our families—and a growing nest egg that will allow us to retire or pursue the career we want without being driven by earning a certain amount each year.
Unfortunately, too many of us fail to achieve it. We are burdened with increasing debt, financial emergencies, profligate spending, and other issues that thwart us from reaching our goals. And we encounter unexpected events, such as the pandemic, that overturn our plans and reveal holes in the safety nets we tried to weave for ourselves and our families.
Trouble happens to nearly everyone, but these 4 habits can put you on the right path.
Habit#1. Set Life Goals😃
What is financial freedom to you? A general desire for it is too vague a goal, so get specific. Write down how much you should have in your bank account, what the lifestyle entails, and at what age this should be achieved. The more specific your goals, the higher the likelihood of achieving them.
Next, count backward to your current age and establish financial mileposts at regular intervals. Write it all down neatly and put the goal sheet at the very beginning of your financial binder.
Habit#2. Make a Budget
Making a monthly household budget—and sticking to it—is the best way to guarantee that all bills are paid and savings are on track. It’s also a regular routine that reinforces your goals and bolsters resolve against the temptation to splurge. 😊
Habit#3. Pay Off Credit Cards in Full
Credit cards and similar high-interest consumer loans are toxic to wealth-building. Make it a point to pay off the full balance each month. Student loans, mortgages, and similar loans typically have much lower interest rates; paying them off is not an emergency. Paying on time is and will build a good credit rating. 🤪
Habit#4. Start Investing Now
Bad stock markets can make people question this, but historically there has been no better way to grow your money than through investing. The magic of compound interest will help it increase exponentially over time, but you need a lot of time to achieve meaningful growth. Don’t try to be a stock picker or trick yourself into thinking you can be the next Warren Buffett. There can only be one.🤓
Instead, open an online brokerage account that makes it easy for you to learn how to invest, create a manageable portfolio, and make weekly or monthly contributions to it automatically.
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#investing #financialfreedom #WarrenBuffett
Achieving financial freedom is a goal for many people. It generally means having enough savings, investments, and cash on hand to afford the lifestyle we want for ourselves and our families—and a growing nest egg that will allow us to retire or pursue the career we want without being driven by earning a certain amount each year.
Unfortunately, too many of us fail to achieve it. We are burdened with increasing debt, financial emergencies, profligate spending, and other issues that thwart us from reaching our goals. And we encounter unexpected events, such as the pandemic, that overturn our plans and reveal holes in the safety nets we tried to weave for ourselves and our families.
Trouble happens to nearly everyone, but these 4 habits can put you on the right path.
Habit#1. Set Life Goals😃
What is financial freedom to you? A general desire for it is too vague a goal, so get specific. Write down how much you should have in your bank account, what the lifestyle entails, and at what age this should be achieved. The more specific your goals, the higher the likelihood of achieving them.
Next, count backward to your current age and establish financial mileposts at regular intervals. Write it all down neatly and put the goal sheet at the very beginning of your financial binder.
Habit#2. Make a Budget
Making a monthly household budget—and sticking to it—is the best way to guarantee that all bills are paid and savings are on track. It’s also a regular routine that reinforces your goals and bolsters resolve against the temptation to splurge. 😊
Habit#3. Pay Off Credit Cards in Full
Credit cards and similar high-interest consumer loans are toxic to wealth-building. Make it a point to pay off the full balance each month. Student loans, mortgages, and similar loans typically have much lower interest rates; paying them off is not an emergency. Paying on time is and will build a good credit rating. 🤪
Habit#4. Start Investing Now
Bad stock markets can make people question this, but historically there has been no better way to grow your money than through investing. The magic of compound interest will help it increase exponentially over time, but you need a lot of time to achieve meaningful growth. Don’t try to be a stock picker or trick yourself into thinking you can be the next Warren Buffett. There can only be one.🤓
Instead, open an online brokerage account that makes it easy for you to learn how to invest, create a manageable portfolio, and make weekly or monthly contributions to it automatically.
Sign Up for our Newsletter and receive a Mysterious Gift by clicking this link: https://bryanandrobertpublishing.com
#investing #financialfreedom #WarrenBuffett
