Kizion

How do you take leverage into account in your returns? I also have used quite some margin at the beginning of this year, and I'm wondering how to consider it for my annual return calculation. At the moment, I'm including my leverage to calculate my returns, in other words, I consider my leverage as my own money for my return calculation. I'm "only" having a return of 20% in 2024 ("only", as it's quite low compared to the other posts here and if you compare it to the S&P500). Overall, I'm quite happy with past year performance as I should just compare this yearly performance to my long term goal of 8% return and I think I've become again a bit better investor compared to 1/1/2024. Still 2 decades to compound my knowledge to retirement Main lesson of 2024 is to just buy stocks I want to keep for a couple of years, not just for a quick trade (if the latter is the case, I just need to buy options). I didn't buy any companies that I regret, but I'm just too impatient and take my losses and profits too eagerly. In BE we pay 0,35% of the transaction value, and if you're like me, that's a high amount at the end of the year. My result could have been 6% better by just reducing my transactions by 90%. I'm thinking to limit my yearly transactions to 20.

You give a lot of credit to the retail investor - in my opinion, too much. Not only do they have to be aware of the market cap of the blue-chip bank stock, they have to be smart enough to listen to the advice of the "common" people (non-BTC believers) and be contrarian to the cult that has made them 50% gain. What's a dividend compared to "the sky is the limited" gains?

Not sure it’s smart but sold Apple shares (short) and bought JOE and MSGE for the same amount. Exchange of overvalued stock for undervalued

didn’t you buy your last ones last week? You promised us!

Fascinated on the topic, so thanks for sharing the video. Fun to watch! However I'm not sure the women on dating sites (where they have to be very selective) are representative for society. For example in video he says that women are more selective on Tinder vs. OKCupid and he links it to being more selective for casual fun, while probably they need to be more selective as they have x times more candidates than chances to go on a date.

I guess this is the thesis - looked at in July thanks to the thread, but decided to put in on my watchlist but not to buy.

I confirm that statement - I use DeGiro & IB, for me both valid options, but have bit more confidence in IB (subjective).

I'm also in favour of such type of investments, but in my opinion none of them seems really cheap at the moment. Looked at ABB a while ago (in the dip) but decided to pass on them (probably wrongly).

haha, I have a pool since last year and I only regret it - only luck is that it came with a house we bought and I didn’t make the decision myself. Reason why I don’t like it is because cost benefit it’s negative for me. It takes me too much effort to maintain during summer and it costs me a lot of money (electricity for pump, heat pump (dont use it tbh), products & time) vs. the few times we could actually enjoy it. I hope it turns more beneficial once kids can start using it.

I understand the comparison cash vs. BTC, but why was an instant bank transfer not an option for your contractor? Curious, but even without an answer, a bank transfer is OK for most other use-cases, no? BTC as alternative for a bank transfer is less favourable, right?

It seems peanuts compared to the market cap of Chinese equities (hence, my expected impact is nihil) - or do I miss something?

Definitely, +1

True, but the index is the market price - could we somewhere see or analyse what the earnings did for S&P500 (preferably excl. MAG7 as it's indeed true that Europe is lacking such quality) and what part of the index return is linked to P/E multiple expansion? I would like to understand the driver for the index performance, is it higher earnings growth for US companies (vs. EU) or is it mainly expansion of P/E multiple, or is it combination of both. S&P500 is trading at around 25x forward PE, while Stoxx600 is trading at around 14x forward PE. Is this discount big enough to make EU investments attractive? Probably it will come down to the growth assumptions for the MAG7. S&P500 equal weight is trading at 18x PE.

How much of the US GDP growth in past 10 years comes from increase in governmental debt/spending and money supply? I can’t undo myself from the idea that the US is just much more aggressive with these policies vs. EU and that US is just pulling growth forward. Question is if this is sustainable - if yes, very good for US and a missed opportunity for the EU. or is this PoV not relevant in the discussion?

MBLY is an interesting company - do you know the reasons for the very significant inventory increase in past quarters?