1D·

Second bet of my 1% bet series

03.07
IREN Limited logo
Bought x4 at €36.22
€144.86
5
12 Comments

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Stock market has turned into a bet casino lately
- Warren buffet
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@TechNav not for me, my portolfio is 70-80% in broad markets, this is low allocation positions that I don’t mind lose and if it goes well is fuel for my etfs 💪
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@emppsb don’t blame me, my portfolio is boring enough 😅
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It’s interesting how some judge other investors for choosing an asset solely because it doesn’t fit their own risk tolerance :)
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@jkb92 I understand he’s point of view to be honest, we all have different approaches. I know the risks involved in this type of company, I’m not even a stock picker, my capital is all in ETFS. I did my research that’s why I’ve a watchlist for this 1% series, the allocation is small so, I’m ok with this exposure 🫡 we need to have some fun 🤪
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@jkb92 but its true that some people here judge based on their on risk tolerance and believes , but that's ok , I understand. When we share our buys we need to be aware that some people will reply and don't agree with our moves. I see that as a positive thing since sometimes it can help us think differently and see things that we maybe don't see at the first place. I appreciate you guys for comment my post and help @TechNav and @jkb92
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@jkb92 no no I don’t judge anyone. It whose a funny comment because of the word “bet” in the title. He could have bought P&G I would have said the same.
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@TechNav I understood that was because of the word "bet" my dear Greek friend. I used the word bet not in a gambling way, but more like believe in, if that makes sense. My English is also not the best 🤪
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Why do you call this your "1% bet series". I checked you previous posts but could not find what the 1% means...
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@di_marcello It's investing like ants, making small allocations to potential winners (in my opinion) without increasing risk. I believe in the long run, the potential appreciation of this 1% will yield solid returns, solid returns for my expectations of course
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@di_marcello I've been sitting out of some winning stocks that I have identified early because of the risk, etc... so I decided to make small investments without losing focus on ETFs, which is where I have most of my money. So I'd rather make small profits of 1%-2% of my total allocation than sit out and make nothing, and that way I keep my risk low
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Thnx for the clarification. I wish you solid returns with this strategy and ill keeping an eye out to learn something of this endeavour.
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