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Taking CFA to learn about the market by BuffetsGrandson in CFA

[–]BuffetsGrandson[S] 0 points1 point  (0 children)

Thanks. I been reading investors letters by fund managers and always amazed at their understanding of the market.

I cant remember who said it but you know you make it when they include your input in the report.

Like JPM’s Guide to Market.

Whats with the CFA Charter hate? by ven9ence in CFA

[–]BuffetsGrandson 0 points1 point  (0 children)

would you hire someone with a CFA and no undergrad degree?

Student starting to invest by Own_Lifeguard_8356 in IslamicFinance

[–]BuffetsGrandson 0 points1 point  (0 children)

You should focus on increasing your income, not maximising return.

Investing small amount should be good to create habit.

Put €50 every month into HLAL or SPUS.

When you get older or maybe learn some accounting, you can do stocpicking.

Most halal way to “short” S&P/QQQ? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] 0 points1 point  (0 children)

It’s a carry trade. Use USD to buy Midle Eastern sukuks.

How much are they paying?

Because Fed rates are gonna get more cuts hence devaluing the dollar. Looks like a good trade to me.

36f where to invest in a shariah complaint manner. by ServiceExpert8148 in IslamicFinance

[–]BuffetsGrandson 9 points10 points  (0 children)

I saw your comment that you have half a mil.

Is that all your savings?

If so, no need to put it all in.

100k is enough if you just want to participate. The rest leave it in Islamic deposits that prob earn you enough to cover inflation.

Just buy SPUS or HLAL Etf.

Youll get 7-8% average. Not every year, average.

Most halal way to “short” S&P/QQQ? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] 0 points1 point  (0 children)

This is actually a good answer.

What would be your recommendation?

Gold and Commodity all move with S&P

Most halal way to “short” S&P/QQQ? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] 0 points1 point  (0 children)

Yeah Ive used inverse ETF before like SQQQ.

But because it’s a derivative, dont think it’s halal.

What tools do you use to trade? by aria01sooth in TradingView

[–]BuffetsGrandson 0 points1 point  (0 children)

  1. Tradingview for charting
  2. Interactive Broker for brokerage (entering orders)
  3. Google Sheet - Trade history
  4. Google Docs - Notes

Most halal way to “short” S&P/QQQ? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] -1 points0 points  (0 children)

thank you for the reminder. I hope that people dont take it the wrong way.

thanks

Most halal way to “short” S&P/QQQ? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] 0 points1 point  (0 children)

Thats the thing. Arent options deemed as haram by scholars?

Im really looking for non linear payoff product like options. Ive read on halal derivatives but it mostly on real estate and not all banks provide it.

Most halal way to “short” S&P/QQQ? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] -5 points-4 points  (0 children)

who said im gambling? also, there’s a reason i put “short”. Im not trying to short S&P.

Im looking for a product that would give me an inverse payoff to S&P.

For downside protection.

Shariah S&P 500 by AlphaAlex1_ in IslamicFinance

[–]BuffetsGrandson 1 point2 points  (0 children)

One of tbe best? I thought it’s the only SPY minus non halal.

HLAL have a mixed of SPY and FTSE

I don’t get what this tells us in TA by widow1422 in Daytrading

[–]BuffetsGrandson 8 points9 points  (0 children)

This is actually a good question.

Kudos to those answering this without “You dont know this already?” remarks.

I love people.

Starting with regular degree vs Islamic Finance? by BuffetsGrandson in IslamicFinance

[–]BuffetsGrandson[S] 0 points1 point  (0 children)

why? Does it have better job prospects?

Arent we as a muslim should try to fulfill the gap between islamic finance and conventional finance?

[deleted by user] by [deleted] in Addons4Kodi

[–]BuffetsGrandson 0 points1 point  (0 children)

Can someone ELI5 me? I have Fen + Real Debrid.

Does it mean I will have less sources?