What happens when your app is featured on Google Play?

Prime Peaks is a fun racing game, available both on iOS and Android. On Sep 20th we released a new version, adding Dark Caves levels and Rock Crusher vehicle:

new_levels

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Would I invest 127k EUR in P2P platforms like Bondora, Mintos, Twino?

Received an email from Mark, who asked for advice about investing inĀ P2P platforms:

Basically, ~127k EUR is sitting around and not working. I do have Bondora and I was one of the early investors in 2012 when it was called Isepankur. Problem there is I don’t understand what’s going on there-it is displaying my ROI as 15% but everyone is saying that it’s not real because they don’t calculate defaults correctly and real returns are ridiculously low.
Considering all of the above, do you recommend investing in Mintos and/or Twino?How would you suggest getting enough math skills to be able to figure out what’s going on with my account at Bondora, how to calculate XIRR(not sure?) etc.
If not Mintos/Twino, whatĀ passiveĀ strategies would you recommend to put the capital I have sitting idle to work.

Continue reading Would I invest 127k EUR in P2P platforms like Bondora, Mintos, Twino?

How I lost $3700 and made $1500 with 3x leveraged ETFs

Long $UWTI

When I opened my DNB Trade account in 2015, my first trades were a bit crazy, among them:

  • $YHOO – Ā lost only 4%, but should not have touched it at all
  • $NBG – National Bank of Greece, lost only 25% (now delisted)
  • $CHAD, $CHAU – ETFs with 2x leverage that follow CSI 300 Index
  • $SUNE, $ZINC, $VRS – lost nearly 100%, delisted or went bankrupt

I tested my risk tolerance by starting with the most risky stuff I couldĀ find and when I got burned, moved to more safe things like sector ETFs with no leverage.

My most expensive lesson was from buyingĀ $UWTI – where I managed to lose about 80%, which amounted to more than $3700:

uwti Continue reading How I lost $3700 and made $1500 with 3x leveraged ETFs

How to avoid high fees when investing in stocks?

My experience with banks

I did my first stock trades in 2009 – used Swedbank and bought stocks in Baltic stock market. Later I also made couple ofĀ trades in US market, but was not happy about it. Paying $25-27 per each trade seemed too high. If I invest $1000 in one company and pay $50 in commissions to Swedbank, then I need to get at least 5% return just to cover trading fees. Not cool. Spent 250 EUR in fees.

fees

Continue reading How to avoid high fees when investing in stocks?

First option trade: Herbalife

After I spent about 1 monthĀ opening a trading account in Norvik bank, on October 25th I finallyĀ bought my first options.Ā I chose Herbalife PUT options with the longest term and with the lowest strike price that were available: $35 strike price, expire date: 2019-01-18

Screenshot 2016-11-02 23.48.27.png

Continue reading First option trade: Herbalife