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Old 04-27-2021, 06:51   #9
Costa
SF Candidate
 
Join Date: Aug 2009
Location: Wherever the wind takes me.
Posts: 134
Speculating

A helpful tool that I use sometimes for giving me clarity related to investment speculation is CANSLIM.

\https://www.investopedia.com/terms/c...lly%20invested.

Its a simple acronym/system that was created by Investors Business Daily, and a good primer for thinking like an analyst or trader would. With cryptos, I believe they are "new", and as of recent have "institutional sponsorship", but beyond that just appear to be the next get rich quick recipe. I could be wrong, as generally anything that makes people rich quick isn't predicted by many.

That being said, have you seen the price of ammo recently? With where we're at in the business cycle, it might be worth looking for commodities that you believe are valuable, and will continue to be.-- as with any investment.
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