Re <<TSLA>>
In essence, if boiled down, Jack’s portfolio Message 32711975 is like mine, except mine has a few more names, and involve options, and I fidget quite a bit, because Jack’s iPad app as far as i have so far seen cannot handle options (and may not handle non-USA shares - unsure about this), and he only updates / trade once per week.
TSLA feels like it can be an atomic energizer to any portfolio, because it powers, making the numbers zoom up, crater down, and zoom up again, and again, and again.
And cash is generated from TSLA’s high-frequency and high-amplitude zig-zags / to-fros / up-downs, we get to store up the cash so generated by use of DRD, the gold bank, and eventually phase-change to GLD, then finally solidify to physical gold. TSLA, by circuitry of the market, hooked to DRD, is a perfect widget for 2020 and I hope beyond, until something else comes along, to replace either the TSLA vibration function or the DRD energy-storage feature.
Jack does everything to do w/ learning on iPad these days as we cannot buy note -book / paper / pencil, and supermarket is not allowed to sell ‘non-essentials’ to anyone, so all note-taking, homework, etc done by use of digital ink and cyber paper ... I believe Jack is getting the hang of virtuous looping
Re coins, I told the kids that as much as possible, Panda gold coins, because on top of the gold-content-worth, one is collecting numismatic-value, over time, as if one had a perpetual call option on rare commodity, for example, today the Ask for pandas of years past are:
1982 (first year of issue) @ 4,000+ ebay.com
2003 @ 1,967 apmex.com
2008 @ 2,459 bullionstar.com
2009 @ 2,550 bullionstar.com
2018 @ 1,931 bullionstar.com
Etc etc etc but all beats spot + 3.5% for the likes of other coins, even as Pandas are bought for spot +3.5% during year of first issue, each year w/ unique design, and year marking, per gold is not just-gold protocol.
I have been stacked coins of every year as they are issued, because I knew I cannot hang on to cash :0) I speculate too much, and need to store savings in exceedingly inconvenient format away from dangers of button-push, and of leverage. This is why I rarely short GLD and anything to do w/ gold mines, because I do not want value-leak by that route.
Both kids like to keep ~50% cash level, achieve the level differently
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