OT: Investing - Stocks/Mutual Funds/Bonds/Crypto

[sidney lanier]

ACB - Aurora

I was looking through the conversation on Yahoo, some times there is a lot of nutty stuff, but I found this interesting and kind of in line with the potential growth of the industry as a whole

Aurora's 2017 3rd quarter profits of $8 million were from only 1,009,585 grams, or 1,009 kg. In the near future (2yrs) Aurora's current projects and acquisitions should be completed and be producing over 200,000 kg yearly or 50,000 quarterly. 50 times more cannabis than what is currently being produced. Assuming there's around 700,000,000 shares outstanding 2 years from now and $1.6 billion in yearly profit, $2.28 earnings per share, a PE ratio of 30, the stock price should be $68.50 if all the numbers come true. Also, there's going to be many more projects and acquisitions announced in the next 2 years. I hope to get a few responses.

Aurora makes up 6.7% of MJX along with Cronos, Canopy and MedReleaf...if those other companies see remotely any kind of similar growth, I would assume MJX is going to be a really nice long term play.

Hard to believe there's that kind of demand and it's elastic enough to justify that much production. That is, unless Dylan was right all along.

Watch on YouTube

[milwaukee bunks]

Anyone ever participate on the peer to peer lending or crowd funded real estate websites?

I put 50k into lendingclub a few years ago, it was doing awesome and then they had that big scandal. over time though it went to crap and most of the loans default. I am still making back almost 6% on that money but it isn't what it used to be and I haven't put more in for years just collecting the old payments.

[milwaukee bunks]

I’m a tangible investment guy, i prefer to invest in Real estate, commercial and residential. My monthly rental income outpaces and outperforms and is way more reliable than any other investment I’ve made. My grandfather always told me to Buy some land, plant timber and sell the mature timber, or develop the land cheaply and find tenants. That recipe worked for him years ago and it is working for me now, that market stability is hard to overlook imo.

I work for a privately held investment firm and i don’t even believe in the fairy dust that we sell to people at a premium. It seems the industry lets anyone that can pass the series 7 & 66 manage people’s money, when they know just as little as the common investor. I haven’t worked up the courage to invest in crypto but it has piqued my interest...my fear is that i May have missed that markets ascension. I would love to meet with one of you guys that are well versed in crypto, block chain and the underlying tech behind it all as i have a grand or two that I’m willing to toss into it.

I am heavily invested in residential real estate too, I agree if you can afford it it's definitely the way to go (if you don't mind dealing with the bs that can often arise with it). The yearly depreciation that you get for 27 years is pretty much a no-brainer. Everyone in the media was knocking on Trump for what he was paying in taxes but nobody realizes with the depreciation of property just about anyone could reach his tax rate in owning rental properties.

[milwaukee bunks]

Bitcoin is falling to Q4 pre-boom prices. It really hit the news around 8k, so it will be interesting what happens if it falls another 15% and if people will start cashing out to avoid losing money.

I believe we will see the 6-8k price range for btc in the coming weeks, I think it will recover and hold for awhile after that just under 10k.

[M-C-G]

ACB - Aurora

I was looking through the conversation on Yahoo, some times there is a lot of nutty stuff, but I found this interesting and kind of in line with the potential growth of the industry as a whole

Aurora's 2017 3rd quarter profits of $8 million were from only 1,009,585 grams, or 1,009 kg. In the near future (2yrs) Aurora's current projects and acquisitions should be completed and be producing over 200,000 kg yearly or 50,000 quarterly. 50 times more cannabis than what is currently being produced. Assuming there's around 700,000,000 shares outstanding 2 years from now and $1.6 billion in yearly profit, $2.28 earnings per share, a PE ratio of 30, the stock price should be $68.50 if all the numbers come true. Also, there's going to be many more projects and acquisitions announced in the next 2 years. I hope to get a few responses.

Aurora makes up 6.7% of MJX along with Cronos, Canopy and MedReleaf...if those other companies see remotely any kind of similar growth, I would assume MJX is going to be a really nice long term play.

Hard to believe there's that kind of demand and it's elastic enough to justify that much production. That is, unless Dylan was right all along.

Watch on YouTube

I think if you get the black market weed above board and make it legal, the demand is essentially unlimited. I think you have a lot of people such as myself that haven't dabbled in weed in 20+ years that would engage in recreational usage. I have a number of friends that live in states where they can use recreationally and I was surprised by the number of different types of people that use it.

[vlietinho]

Interesting side effects : https://www.potnetwork.com/news/report-legal-marijuana-states-us-border-are-mellowing-out

[M-C-G]

Interesting side effects : https://www.potnetwork.com/news/report-legal-marijuana-states-us-border-are-mellowing-out

I'm all for legalizing pot, but that article, c'monnnnnnnnnnnnnnnnnnnnnnnn

I am not paying the $6 to rent the full research paper, but I have an extremely difficult time with legalized medicinal weed (ARZ, NMX) and being allowed to possess small amounts (CAL) had anything to do with violent crime reduction. That's some Stretch Armstrong like **** right there.

[sidney lanier]

I think if you get the black market weed above board and make it legal, the demand is essentially unlimited. I think you have a lot of people such as myself that haven't dabbled in weed in 20+ years that would engage in recreational usage. I have a number of friends that live in states where they can use recreationally and I was surprised by the number of different types of people that use it.

You may be right. I now live in a state (Nevada) where recreational use is legal and visited a store out of curiosity but didn't buy anything. I found it a little creepy and also was a little put off by the stated potency of some of the things there. Like you it's been decades for me, and I'd be a little afraid to try things that are much stronger than what we had in the early 1970s that made cream cheese and jelly sandwiches so ineffably delicious but didn't mess you up much beyond that. If I ever smoked a joint with 30% THC and tried listening to a Firesign Theatre album, I'm afraid I might die laughing.

[jschligs]

Bitcoin is falling to Q4 pre-boom prices. It really hit the news around 8k, so it will be interesting what happens if it falls another 15% and if people will start cashing out to avoid losing money.

I believe we will see the 6-8k price range for btc in the coming weeks, I think it will recover and hold for awhile after that just under 10k.

Curious as to why you think this?

From my experience nobody has been able to predict bitcoin, ever. Not ragging on you or saying you're wrong, just wondering your logic.

[HurricaneKid]

I just don't see them as a hold as a class. Someone with more insight can certainly recommend specific coins that could do well but there are 61 different coins with valuations over 500M. And the segment has a market cap of nearing a TRILLION. That's just too high. I don't know how you can find a TRILLION (or 800B) in value there. There are going to be large fluctuations you can ride if you are so inclined but if you don't know how to get in and out in a fraction of a second you are competing with people who can eat you for breakfast.

I'd just like to point out that 300B in value has been wiped out in the last 2 weeks.

[milwaukee bunks]

Bitcoin is falling to Q4 pre-boom prices. It really hit the news around 8k, so it will be interesting what happens if it falls another 15% and if people will start cashing out to avoid losing money.

I believe we will see the 6-8k price range for btc in the coming weeks, I think it will recover and hold for awhile after that just under 10k.

Curious as to why you think this?

From my experience nobody has been able to predict bitcoin, ever. Not ragging on you or saying you're wrong, just wondering your logic.

because its following the classic bubble chart to a tee and will fall back to where it was pre-explosion.

[MickeyDavis]

I hesitated when XRP went below .90 and now it's up to $1.22. Still might buy a little more.

[M-C-G]

I hesitated when XRP went below .90 and now it's up to $1.22. Still might buy a little more.

Back under a dollar

[MartyConlonOnTheRun]

BTC under 10k

[humanrefutation]

BTC investors right now:

[feldm093]

Been fascinating watching the chaos of the past few weeks. Implications of Bitconnect shutting down? Saw RS tweeting something about it earlier this morning.

[HaroldinGMinor]

Anyone belong to American Assoc for Individual Investors (AAII)?

[MickeyDavis]

Anyone belong to American Assoc for Individual Investors (AAII)?

I was in that several years ago. I didn't know it was still around. I remember it being pretty good, don't remember why I discontinued.

[MickeyDavis]

I hesitated when XRP went below .90 and now it's up to $1.22. Still might buy a little more.

Back under a dollar

I bought a bit more at .90. I'm done buying. Still have a goal of $5 to cash out my original dollar amount and let the rest ride. If it never hits $5 oh well.

[M-C-G]

I hesitated when XRP went below .90 and now it's up to $1.22. Still might buy a little more.

Back under a dollar

I bought a bit more at .90. I'm done buying. Still have a goal of $5 to cash out my original dollar amount and let the rest ride. If it never hits $5 oh well.

I keep thinking I am buying on the dips and every time I do, it drops again. Luckily this has been a relatively small investment that I have been willing to lose, but I think at this point, if it drops again, I will buy one more time and then that is it for eternity.