Stock Market – ThinkTak Investments

November 29, 2017

Bitcoin is now worth over $10,000 – Now let Warren Buffett explain to you how bubbles are formed

It’s a no-brainer. When it comes to value-investing, nothing beats Warren Buffett and his mentor Ben Graham (you might want to read the bible of value-investing by him called The Intelligent Investor). He has accumulated his wealth by closely following this mindset and ended up being the world’s richest man for a few years (he is a super interesting person and HBO has a very interesting documentary on him called “Becoming Warren Buffett”). Basically, value-investing is the opposite of whatever you see in the news and the mainstream media (yes, you can say he’s a contrarian – in a way – but that’s because he has a different perception for everything that happens to everyone on a daily basis). It’s like when you open any music channel and it plays Justin Bieber; eventually, you’ll start thinking that his stuff is cool (and worth a Grammy) since you have not bothered looking at other alternatives outside of the mainstream media. But if you search (i.e. study) enough, you’ll soon be questioning a lot of stuff!

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October 31, 2017October 31, 2017

Is it better to invest in dividend paying stocks or invest in rental properties?

I just came across an awesome article that, in my opinion, tackled this question in the absolute best possible way. Koodos to Ryan Thurston, who made these calculations available to everyone on Quora. I would strongly recommend everyone to take a few minutes and read this brilliant reply to this question here.

October 20, 2017October 19, 2017

Iran’s first foreign currency ETF is set to launch next week

As an attempt to limit physical manipulations of the currency market, Iran will be introducing its first foreign currency exchange-traded fund (ETF) next week. While we still do not know what currencies will be dominating this ETF, the two main currencies that are the most common in Iran are USD and EUR and it is expected that the mentioned ETF to hold a significant portion of its portfolio tied to these two currencies. We could also expect other commonly traded currencies like the Chinese Yuan, Korean Won, Indian Rupee or even Russian Ruble to have some presence in this ETF.

For more in-depth look, please read this article.

October 19, 2017

Thirty years ago today, “Black Monday” wiped out over 1/5 of DJIA in one day and it happened under very familiar circumstances

Black Monday, dubbed as the worse day for the stocks in modern financial history, led to a 22.6% drop in Dow Jones Industrial Average in one single day. Potential reasons for this to happen were a slowdown in the US economy, falling oil prices and the tension between the US and Iran (sounds familiar?). Another reason (and a more logical one) was that the whole thing was the result of the so-called “computer trading” that had conditions to buy and sell stocks and we all know what happens when stocks start to go down!

For a more in-depth look at what happened read this article.