What Did You Buy Today?

[NilesMike]

(11-24-2020, 10:21 PM)vbin Wrote:

(11-24-2020, 10:11 PM)NilesMike Wrote: What is this 4000 SPY that you speak of? SPX perhaps?

I do see a long steady grind up from here. Vaccines and opening of commerce will help, stimulus would help, money from the sidelines would help. Pretty much blue sky for a while.

S&P. SPY will translate to 400. On a speculative note, I had purchased couple of hundrred worth of bitcoin couple of years ago for fun. That turned out to be a multi-bagger when I revisited my account recently.

Cathie woods and a few other investors are super bulish and I am hearing imf pushing central banks towards digital currency. It could be a dud or could be the next trend. I am going to dca a few bucks on it as a speculative play.(If there is a correction.) She has a white paper on BTC with some interesting propositions. Worth the read.

If bitcoin was a stock and we do look at last 10 year performance, it would have beaten everything in the market heads down.

I got ya! Just tried to get cute-OOPS.

My son does BTC as well and done very well. I could never get the account mechanics down- guess I wasn't that interested. Will check out the white paper if I can find it, thanks.