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ETFs and Misc.
Lifestyle Investing
Financial Literacy

For all of our mentors out there: The sharpe ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. I like to think of it as a measurement of risk vs. reward. How would you describe sharpe ratio?

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Have you ever tried the envelope system for budgeting? It’s such an easy and common-sense way of managing money that you can’t really go wrong. In fact, my Mom still uses the envelope system. After so many years and so many advances with electronic banking, bank cards, apps, etc. She still trusts the envelope system for budgeting more than any other.

And of course managing your budget well means that you potentially have more to invest...

Here’s my full post on using the envelope system

https://takechargeofyourmoney.blog/2021/10/13/the-envelope-system-for-budgeting/

(MCK), McKesson Corp.
Buy
(MCK), McKesson Corp.
Buy
64.37%
Return
McKesson Corp. engages in the provision of supply chain management solutions, retail pharmacy, community oncology and...
McKesson Corporation – Another Boring Stock for a Winning Portfolio

McKesson continues to grow its revenue and buy-back shares. A possibly good buy for investors... and hopefully McKesson invests in stopping the opioid crisis too

**POSITION UPDATE**
Evergrande - Why it's a symptom of problems in China

Evergrande is the Canary in the Coal Mine. Buyer Beware. The potential fall of Evergrande is a sign of bigger problems in China

Changing Jobs: 5 Ways to Handle your 401(k)

ways to handle the money in your employer-sponsored 401(k) plan when changing jobs

(GME), Gamestop Corpora...
Buy
(GME), Gamestop Corporation
Buy
-7.36%
Return
Industry: Electronics Stores
Sector: Retail Trade
Market Cap: 10.9B
TL;DR GameStop recent Earnings Results

Now that the dust has settled, how is our favorite meme stock doing?

(TSLA), Tesla, Inc.
Buy
(TSLA), Tesla, Inc.
Buy
73.41%
Return
Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation a...
If you own Tesla, get ready to cast your vote

So how do you think we should vote on these proposals?

**POSITION UPDATE**
Investing is About Empowerment, not Money

Owning stock is about having your voice heard. Owning stock is more than just about the money. While most investors chase the money, they are blind to the reality that money isn't the real game in the Stock Market. It’s about power.

(GBTC), Grayscale Bitcoi...
Buy
(GBTC), Grayscale Bitcoin Trust (BTC)
Buy
469.31%
Return
Acts as Open-End Investment Fund/Unit Trust
The Cryptocurrency You Should Hold Forever

These are the coins you should keep forever and the reasons why they are innovative

**POSITION UPDATE**

Please check out the Women's Financial Empowerment group YouTube channel. Ruth has great videos that can help you with financial literacy. Check out her videos and help her channel by subscribing! https://youtu.be/HK2_z3ZKyWg

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(JMIA), Jumia Technologi...
Big Buy
(JMIA), Jumia Technologies AG
Big Buy
-58.56%
Return
Jumia Technologies AG engages in the provision of logistic services. It operates though e-Commerce platform segment. ...

Inflation is a pesky thing. Its an indicator the Federal Reserve / U.S. Government is printing too much money. Having more money is okay as long as the economy is big enough to absorb it. If you start to see your monthly expenses go up really fast, it means inflation. Too much inflation is bad for the markets. https://www.cnbc.com/2020/12/30/inflation-is-poised-to-rear-its-head-in-2021-but-may-not-stick-around-long.html

(GBTC), Grayscale Bitcoi...
Buy
(GBTC), Grayscale Bitcoin Trust (BTC)
Buy
469.31%
Return
Acts as Open-End Investment Fund/Unit Trust

Okay, so thoughts on Bitcoin. At $3500, it was a crazy good pick. So was $10k and $20k. At $50k... Buyer beware. Bitcoin is likely going to be at $150k at some point this year. But also sometime this year (or next year) it will crash 60% to 80%. This is a consistent pattern with it and it has to do with the pressure of the miner reward versus the FOMO being dished out by media. What I can tell you for sure is that volatility will be very high, and you will have to be able to stomach a 14% loss (like today). And after $60k, it becomes a ticking time bomb. Everyone stay vigilante, we want everyone in the community to invest to increase their wealth. https://www.reuters.com/article/idUSKBN2AN07K

**POSITION UPDATE**

I've gotten a lot of question about Game Stop stock. Now that things are quieting down, I'm excited to answer some questions about that chaotic time. https://youtu.be/DLXvveUOoO4

(GBTC), Grayscale Bitcoi...
Buy
(GBTC), Grayscale Bitcoin Trust (BTC)
Buy
469.31%
Return
Acts as Open-End Investment Fund/Unit Trust

How to know when Bitcoin is in a bubble? Cost per transaction sky rockets. Each fee spike can be lined up with a BTC spike. You can check out all sorts of Bitcoin Block chain data, and this chart here: https://www.blockchain.com/charts/cost-per-transaction. All this data is publicly available as the BTC blockchain is open to scan all transactions on it.

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**POSITION UPDATE**
(XLK), Technology Selec...
Buy
(XLK), Technology Select Sector SPDR Fund
Buy
14.85%
Return
Industry: Investment Trusts/Mutual Funds
Sector: Miscellaneous
Market Cap: 36.2B

First Post. I apologize if this looks crazy. Learning this as I am posting. XLK has consistent yearly growth. YTD 5.58%. That is 2 months growth. As of today it has 22% holdings in Apple and 20% in Microsoft. Smaller holdings in Nvidia, Mastercard, Visa. It is an excellent long term hold in stocks or options. I currently own it in options Jan 2023 contracts.

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