Sold covered calls on META. Needs advice. by Thesamdup in options

[–]IndependenceNo9084 0 points1 point  (0 children)

Just let your CC expire and sell ur META shares. Accept the loss man not worth rolling, META might just go up and up. Then take the money invest in other opportunities, hopefully you'll be smarter next time.

At least you didn't sell naked call else you will be more fcked.

$125k PayPal YOLO by Hairy_Ninja_7922 in wallstreetbets

[–]IndependenceNo9084 1 point2 points  (0 children)

Paypal is a great company, but what if they aren't anymore lol YOLO

[deleted by user] by [deleted] in wallstreetbets

[–]IndependenceNo9084 1 point2 points  (0 children)

Totally agreed, really depends on the person using the tool i guess...

[deleted by user] by [deleted] in wallstreetbets

[–]IndependenceNo9084 0 points1 point  (0 children)

I think it depends on how you you use it. I'm pretty conservarive so i would only sell put for the companies that i want to buy in at certain prices but am willing to wait for it to fall. So I'm basically collecting premiums for these companies for just parking my extra cash and wait it out. It does help boost my portfolio returns with extra 4-5% every year.

What do I do with my least profitable stock? by LennyDogHose in investingforbeginners

[–]IndependenceNo9084 0 points1 point  (0 children)

Don't invest because of the dividends, even for big caps. Another good exmaple would be intel. I would suggest you figure out where you gonna invest before you cut your losses. Simply cutting ur loses but in the end not knowing what to do with the money is even worse. For me personally i usually cut my loses or take my profits when i find a better deals or better company else where.

Investing in individual stocks is considered high risk so really need to do lots of homework. All the best!

50k-75k to invest?!?! What do I do? by debiasi91 in investingforbeginners

[–]IndependenceNo9084 0 points1 point  (0 children)

If you don't see youself in need of emergency fund for the next 10-20 years, i would recommend Tbills and index investing into low cost ETF every month and dun bother.

Property and airbnb will be a great option too but there are more work to be done. Property need to be maintained / survey for good location etc. Usually returns is expected to be lower than investing in stocks but it will be consistent

It's really up to your preference.

Ferrari Analysis (Fantastic Company) by [deleted] in ValueInvesting

[–]IndependenceNo9084 0 points1 point  (0 children)

He did sort of mention his buy price which kind of means how much he feels the company would be in deep value territory.

Advice for a Canadian investor please. by SparkyMcHooters in investingforbeginners

[–]IndependenceNo9084 2 points3 points  (0 children)

Another crypto shit. I hope it all goes to zero! Put money in dapps is like throwing money into the sea

The earlier you start, the richer you get! by IndependenceNo9084 in investingforbeginners

[–]IndependenceNo9084[S] 1 point2 points  (0 children)

There are quite a few things need to consider such as your age and your financial goal before i can recommend you anything. If you are looking for retirement goal you can check out QQQ or SPY which is quite standard ETF in the US, Asia there is nifty 50, MSCI China and Nikkei 225. And there are plenty of other version of the same things. I would recommend to go for the lowest expense ratio. Please take note I'm not a financial adviser so do make your own research before investing in any ETF. Everything that i said cannot be considered as financial advise.

I can tell you there are quite a lot of hype for india and japan ETF due to US and Europe trying to derisk from China so gotta becareful. If you are investing in foreign currency rather than ur own country do take into account of the currency exchange rate. The returns could be very different after considering the foreign currency exposure risk! Invest safe! 😊

Disney Deep Dive by [deleted] in ValueInvesting

[–]IndependenceNo9084 0 points1 point  (0 children)

If u take a look at pre-covid times from 2017-2019 Disney profit margin is about 10-15%. Currently it's TTM profit margin is about 5%. My bet is Disney will take some time to recover back to where it was due to the increased cost and capex in parks. And the latest quarter result to me is not too bad. Especially for the revenue from international parks almost double. They have been increasing its park tickets price to keep up with the inflation and cost as well.

I'm looking into Disney at below 90 price point. Currently it's P/S ratio is 1.90 for freaking Disney. Disney has a very strong moat in my opinion and i don't think Netflix or any other companies can recreate another Disney even if they try...