7Crypto - Investment discussions

Thoughts on an ESG tax for shareholders?

Sat, 29 Apr 2023 17:03:26 +0000

Thoughts on an ESG tax for shareholders?

I've been doing some research on ESG these past months. I'm not an advocate of the investing style, but given the current sentiment, I thought I would be open to the topic.

It suddenly dawned on me that rather than all these ongoing initiatives, carbon taxes, subsidies etc., would it not be more effective to provide a levy tax/cost on shareholders that hold 'unsustainable' securities? I am aware of the knock-on effects such a policy would have on financial stability, but at the same time, billions of dollars are spent elsewhere to promote ESG.

This is probably the wrong subreddit, but I thought this would be a great place to discuss and would love to hear some other people's thoughts.

submitted by /u/Danzkys
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US News' Investing's 2023 picks are up 13.1% vs 7.7% for S&P so far.

Wed, 26 Apr 2023 05:56:06 +0000

US News' Investing's 2023 picks are up 13.1% vs 7.7% for S&P so far.

Not too shabby.

https://money.usnews.com/investing/stock-market-news/slideshows/best-stocks-to-buy-this-year

Here's their list:

STOCK	YTD TOTAL RETURNS THROUGH APRIL 24
Apple Inc. (ticker: AAPL)	27.4%
Dutch Bros Inc. (BROS)	11.5%
Citigroup Inc. (C)	9.5%
Amazon.com Inc. (AMZN)	26.4%
Walt Disney Co. (DIS)	14.7%
PayPal Holdings Inc. (PYPL)	4.3%
EOG Resources Inc. (EOG)	-5.9%
Grupo Aeroportuario del Sureste SAB de CV (ASR)	21.9%
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)	14.2%
Diageo PLC (DEO)	6.9%
Return of Equally Weighted Portfolio	13.1%

submitted by /u/Vest-Investor
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Does anyone only focus on video game stocks?

Tue, 25 Apr 2023 18:36:44 +0000

Does anyone only focus on video game stocks?

I think that Nintendo’s new game, Tears of the Kingdom will perform well so I bought some stock in the company.

It made me wonder if games themselves cause a large drive in gaming companies stock price. Or is it more of when gaming consoles release that you see a sharp rise?

I was curious if anyone here buys and sells a lot of gaming stock?

submitted by /u/ike059
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Should I be worried about Tbills and Default

Tue, 25 Apr 2023 09:37:05 +0000

Should I be worried about Tbills and Default

The 3 months yield seem pretty good compared to the 1 month. I thought treasure bills were supposed to be risk free and I wouldn't lose any money from them? Should I be worried? Should I still buy the 3 months+ tbills or should I just keep it in cash or MMF for the time being?

submitted by /u/Bigchip01
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Am I doing enough? How’s my plan?

Sun, 23 Apr 2023 05:54:30 +0000

Am I doing enough? How’s my plan?

Currently, I am 26 and I have about $101K total invested between taxable, Roth, and 401k. I was putting in about $2500-$3000 a month for the past 3 years but I plan on taking a bit of a break from investing that amount to pay off my car loan of $16K at 4%.

My plan is to put an extra $2K a month towards the loan and invest $1K a month into the market.

Is this a good plan? Should I put less towards the loan and more towards investing? I really hate this debt and want to get rid of it by the end of the year.

submitted by /u/joeroganthumbhead
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Is Bitcoin a Smart Retirement Investment for a 20-Year Horizon?

Thu, 20 Apr 2023 05:53:05 +0000

Is Bitcoin a Smart Retirement Investment for a 20-Year Horizon?

Hey, fellow Redditors! I'm planning for my retirement in 20 years and considering buying some bitcoins as part of my retirement portfolio. I'm curious to hear your thoughts on whether bitcoin is a good investment for retirement.

Here are some of my initial thoughts:

Pros:

potential for high returns
decentralized and secure

Cons:

high volatility
lack of regulation
limited acceptance

Given my 20-year retirement timeline, do you think bitcoin is a good investment option? Or should I stick to more traditional assets?

submitted by /u/michalesco
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What would you consider as sinful industries?

Wed, 19 Apr 2023 08:29:45 +0000

What would you consider as sinful industries?

Various articles and databases give me varying answers, interested to know what the community thinks. For instance, some say the gaming industry is sinful while others say it can be considered the opposite. Also the cement industries has reportedly been cited as a sinful industry, while I personally could not find any cement producers in ”sin” portfolios on investment apps.

submitted by /u/negative3sigmareturn
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Carbon footprint of investments: Owning USD 100,000 in shares is equal to emissions

Tue, 18 Apr 2023 06:51:29 +0000

Carbon footprint of investments: Owning USD 100,000 in shares is equal to emissions

Here an interesting analysis of the CO2 intensity associated with randomly selected securities. (here related to the US market, but that might not be that unique)

Quote: "(...)the average carbon intensity per unit of cash deployed by the US financial sector is 126.03 ktCO2e/billion USD.".

So, if you invest 100,000 without thinking too much, the businesses you become shareholder of will - on average - cause 12.6 tons of CO2 emissions annually - as much as about 3 cars with average operation cause per year.

So it's worth making a conscious choice when investing - if the topic is important to you. The impact can be stronger than what you do in daily life.

Analysis in Detail: The Carbon Bankroll: The Climate Impact and Untapped Power of Corporate Cash

Now without reason more and more shareholders, including large investment funds, either divest from environmentally problematic businesses or take action in shareholder meetings in order to improve the companies carbon footprint. Just doing nothing means accepting business as usual.

submitted by /u/ulfOptimism
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Why the Future of Investing is Green: A Look at the Booming Renewable Energy Market

Sun, 16 Apr 2023 14:42:05 +0000

Why the Future of Investing is Green: A Look at the Booming Renewable Energy Market

Hey, I wanted to share my thoughts on why I believe the future of investing lies in green energy. As the world becomes increasingly aware of the impact of climate change and the need to transition away from fossil fuels, the renewable energy market has seen explosive growth in recent years.

From solar and wind power to electric vehicles and energy storage solutions, the green energy sector is poised for significant expansion in the coming years. Governments and corporations alike are committing to ambitious sustainability goals, creating a favorable regulatory and economic environment for green investments.

Moreover, investing in renewable energy isn't just good for the planet - it's also good for your portfolio. Companies in the green energy sector have outperformed the broader market in recent years, and many analysts predict continued growth in the years to come.

Of course, like any investment, there are risks to consider. But I believe that the potential rewards of investing in green energy far outweigh the risks. What do you think? Do you agree that the future of investing is green?

submitted by /u/Redrum_15
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Is $2000 too much for gold? It isn't, as one simple measure shows.

Sat, 15 Apr 2023 09:01:33 +0000

Is $2000 too much for gold? It isn't, as one simple measure shows.

What happens if we divide all the dollars in the world by all the gold in the world?

For all the dollars in the world, let's take the M2 Monetary Aggregate, and for all the gold in the world, let's consider the total above-ground stocks.

You can check the chart here.

According to the World Gold Council's estimate, from the dawn of human history through the end of 2022, approximately 208,874 tonnes (or about 6.717 billion troy ounces) of gold had been mined.

At the end of December, M2 amounted to $21,315 billion. Simple division gives us $3,173.39 per ounce. Let's call this the universal gold price.

Interestingly, from 2009 to 2012, the universal and real gold prices were much closer. But Quantitative Easing has widened the gap.

So would it be a big surprise if, due to a rise in the real price of gold, the gap narrows further?

submitted by /u/bitkogan
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What stocks will go up if China attacks Taiwan?

Thu, 13 Apr 2023 16:38:21 +0000

What stocks will go up if China attacks Taiwan?

What stocks will go up if China attacks Taiwan? Seeming more and more likely that it'll happen and I'm not sure what the fallout is gonna be with the loss of the big semiconductor factories. Or is the fallout from that just going to be so big that stocks across the board are going to tank? Curious what y'all think.

submitted by /u/IAmAccutane
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Investing in Turkey with high inflation

Wed, 12 Apr 2023 07:46:09 +0000

Investing in Turkey with high inflation

Does it make sense to invest in the cheap market in Turkey due to high inflation? I foresee a 700% increase like Argentina. You all remember that a great rise started when the Argentine economy priced in inflation. I think the same increase will happen in Turkey. Moreover, a change of government is also envisaged. Can I have your comments on this topic?

submitted by /u/FantasticVermicelli7
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First Solar is poised to outperform for the rest of the decade

Tue, 11 Apr 2023 05:48:25 +0000

First Solar is poised to outperform for the rest of the decade

It can be cheaper to build and run a solar plant than it is to buy gas for an existing natural gas power plant. First Solar provides the PV solar panels that are used for large-scale utility installations. The company has a large backlog, which will take multiple years to work through. It looks like a winning stock for the remainder of the 2020s.

submitted by /u/zman1175
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Is a regional bank deposit short squeeze possible?

Fri, 07 Apr 2023 08:23:22 +0000

Is a regional bank deposit short squeeze possible?

If several banks in an area raised their deposit interest rates high enough to attract deposits away from competitors could that cause a bank run on the other banks? It’d essentially be a gamble as to who can hang on longer. The bank with compressed margins due to higher cost or deposits or the banks losing deposits and eventually having to borrow at higher fed funds cost or even sell investments at a loss to cover. Would this be a plausible strategy for regional bank to run their competition under?

submitted by /u/anon9592817
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On the dollar, reserve currency, gold, BRICS, etc

Thu, 06 Apr 2023 17:46:04 +0000

On the dollar, reserve currency, gold, BRICS, etc

Seeing as we had another post with a very dismissive attitude towards all things in this area I thought I'd chime in the way I see it: There's two sides pushing opposing views and nothing in the middle.

A few months ago I saw some goldbug types tweeting (what I thought were) interesting numbers regarding central banks gold reserves over the years. This was after Russia attacked and the war had started. The US went to work fucking Russia's life up as best they could (not a political statement) and the rest of the world seemed to react to this display of power from the US kinda like "oh shit, they can just freeze our reserves" or so the narrative along with the posts went.

A January article:

Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any year in records going back to 1950, the World Gold Council (WGC) said on Tuesday.

The data underline a shift in attitudes to gold since the 1990s and 2000s, when central banks, particularly those in Western Europe that own a lot of bullion, sold hundreds of tonnes a year.

~ https://www.reuters.com/markets/commodities/central-banks-bought-most-gold-since-1967-last-year-wgc-says-2023-01-31/

A gold bug dude Ronnie Stoeferle tweeted this report which had a detailed history of how the dollar came to be reserve currency and why this sucks for everyone else: https://ingoldwetrust.report/wp-content/uploads/2022/05/In-Gold-We-Trust-report-2022-english.pdf

There's talk of the BRICS maybe doing something but that suddenly explodes with news stories kinda coming out at an accelerating pace regarding trade in yuan etc.

Lots of twitter accounts posting things like "The dollar isn't losing itsposition as reserve currency, gtfo you idiots" and there seems to be a dismissal of some facts here where literal history is made when trade is setttled in non dollars.

So before you pick a side of this whole story get some extra information on why each side is saying what they're saying. Personally don't think the dollar is going anywhere for many years but I do think change is happening in that way where, you'd look back and say it happened slowly and then all at once.

That change could just be a decline in % of world trade to half. It could be anything. The BRICS guys need to be careful about handing China the same power the USA has with their currency but it looks like China is playing them all really well.

But please do remember the USA is indeed in a position of exorbitant privilege when disucssing, I hate when there's ignorance of historical context in these discussions.

disclosures : Not a gold bug myself. Have like 5% of my money in a gold miner tho. Live in a BRICS country (the S). Have couple % in a China ETF. Small money at that. I'm poor.

submitted by /u/youvebeenjammed
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