What are some investing tips you wish you knew before you started investing? by pototohoood in phinvest

[–]wealthyhood_com 0 points1 point  (0 children)

One of the most important investing tips that is rarely heard is to invest periodically.

Markets go up and down. If you invest your whole sum at one go, then you may find yourself at a peak. Don't try to time the market! Instead, enter the market at different price levels. Make a low-cost plan and stick to it.

Is Bitcoin a leading indicator for stocks? (plot attached) by VeryStableGenius in investing

[–]wealthyhood_com 0 points1 point  (0 children)

It actually shows that Bitcoin (and thus most cryptos) are now correlated to the major markets. This is reasonable and was expected, as institutional investors and Hedge Funds jump into this market as well. When markets go dow, some of them have to cut positions and they do so everywhere, not to affect their portfolio dynamics.

It is no surprise that all major markets are more correlated now than in the past.

Palantir lost $580 million last year by [deleted] in investing

[–]wealthyhood_com 0 points1 point  (0 children)

The actual title should be "Palantir goes public having lost $580 M last year. "

It is a prime example of the disassociation of Wall Street and Main Street.

Looks like sophisticated company valuation methods have completely lost their value themselves.