6 Comments

To beat the stockmarket, wouldn’t it be an option to go all-in on Estateguru as the risk return ratio seems favorable..?

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Good question. Might work, if you want to beat S&P 500, but probably could not beat $BRK.B with it.

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Thank you Kristaps for your work.

I was surprised you use eToro as investment platform. They seem to be a flat-out criminal organization, only google reviews once and you’ll see. I wouldn’t trust them with anything... do you see this differently?

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My impression was that they make money from CFDs and of course, most people lose money with that. But just read trustpilot reviews, looks worse than I expected - many have trouble with withdrawing funds, terrible customer service. Overall I prefer using Interactive Brokers, but for this experiment I selected eToro because it had option to share portfolio and buy fractional shares. As my account value in etoro grows bigger, will have to consider, if I want to risk facing problems that others have complained about. Thank you for comment!

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Very interesting. You bet a lot on a recent recovery, unlike Buffet. In that aspect I share Buffet's pessimism, after having spent a month in Spain, I came back last monday, slightly before it was declared high risk agsin by the German government and the Spaniards closed down nightlife again, so I fear this will be a longer larging problem.

Your investment in Square is a very interesting choice, I might buy much more than you did, I have to read a bit more about it first. Thanks for the hint.

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The stock market is so disconnected from economy and so much influenced by money printing, that it is very hard to figure out, what to expect. I am quite sure we will see more stimulus - at least until election, and most likely the new US president will want to continue in same way, not suddenly let the markets drop and crash the party, and take blame for it. So while I am in one way pessimistic about the state of businesses, unemployment and debt bubble, from other side governments probably will do everything in their power to kick the can further down the road.

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