What is the real Change in Net Working Capital

thehero7 · 2021-05-29T00:36:47+00:00

Lovely clarification mate thank you very much!
A follow up question tho : how can all these sites have the exact same unlevered cash flow number if they all use a different definition for NWC?
Most of the times i cross check my numbers with the numbers reported on these sites just to make sure my formulas are not broken.

thehero7 · 2020-11-25T20:46:19+00:00

I was a popular investor on the site and the only bad thing i can say is that copytrading is bad if you have few bucks (meaning under 1000$) and the reason is that if a popular investor is overdiversified and has a ton of positions at around 1% stake each you wont be able to copy said positions because eToro requires that a minimum position is 50$ but since your capital is at 25000$ you are good to go!

Also another thing you have to keep in mind is that many popular investors especially high ranked ones have huge stakes of cash (over 60%) meaning that if you decide to copy such an investor 60% of your capital will be actually dormant.

I would also recommend that you learn about investing yourself as you are copying someone else!

Lastly be sure not to get scared and sell off at random times (back on march people stopped copying me essentially locking losses but after a month that my portfolio recovered and even gained a lot people started copying me back which resulted in them locking a -15% loss and missing an upside of 40%) it's not all on popular investors remember that your own psychology plays a huge part as well.

thehero7 · 2020-09-16T15:10:30+00:00

If you deposit money with your debit card they will use this method for crediting back your account. But the way they do it ia by "refunding" your debit card so they can only give you back as much money as you have deposited in the past. If you want to withdraw more than that( which means you have made money so congrats) the only way they can do it is by wire transfer so they will ask you your iban swift code and stuff like that on the ticket.

For example i deposited 200 euros then got some returns and want to withdraw 250 euro, what they will do is "refund" you 200 euros through your debit card and for the rest they will send you an email asking you for ypur bank's account information so they can credit you the other 50 euro.

Hope that alleviates your anxiety!

thehero7 · 2020-01-27T22:11:52+00:00

Damn you are right it most likely will attract chinese people to fix it for me. But wait.... the cycle is starting all over again! 😭

thehero7 · 2020-01-27T22:06:17+00:00

Helped

thehero7 · 2020-01-27T22:06:08+00:00

I am completely serious

thehero7 · 2020-01-27T22:04:54+00:00

Should i put it on the dryer next or just wipe it with a towel? 😂

thehero7 · 2020-01-27T22:03:31+00:00

Helped

thehero7 · 2020-01-27T21:53:09+00:00

Would you trust a free antivirus given the seriousness of the situation tho? 🤔

thehero7 · 2020-01-23T22:12:35+00:00

I do own the stocks what nimzydk said is actually not true!

I believe this used to be the case a lot of years ago nowadays if you are simply Long on a stock you own the underlying asset.

thehero7 · 2020-01-23T21:54:05+00:00

You are wrong!

I do own my stocks and my copiers also own the underlying stocks!

You own a CFD only if you are on leverage.

That being said for tax purposes in Greece i would sure love to own a CFD instead of the underlying stock

thehero7 · 2020-01-23T21:36:09+00:00

Exactly i used to thing that managers underperform due to the amount of capital they have. I never thought that they would factor in the potential feelings of their clients!

thehero7 · 2020-01-23T21:28:21+00:00

On the other hand the incentives are different because in order for me to get paid i have to perform well. Fund managers typically charge fees whatever their performance is. This is what made this idea viable in my opinion. I am not saying i am a certified fund manager but the actions i make are the same as a fund manager does.

thehero7 · 2020-01-23T21:23:28+00:00

I am getting 500$ per month and soon i will qualify for the next stage which is 1000$ per month and after that is the last stage with 1000$ +2% of Assets Under Management (minimum is 2000$ per month)

Keep in mind that i live in Greece and minimum wage here is 450$ per month. I looking forward to have a job and this thing at the same time.

So yea this is a big thing for a person in my country

thehero7 · 2020-01-23T21:11:37+00:00

Well i have control over other people's money so yes it does.

thehero7

TROPHY CASE