Alex Rice
commented on
I don't reveal my portfolio due to privacy reasons. I invested heavily in Technology stocks and ETFs. My bets are on the magnificent seven and S&P500. Thanks though Nvidia, Amazon, Microsoft and Meta, S&P500 share price rose in March. But Tesla, Apple and Alphabet didn't do so well relatively. The reason is complex but can be related to high demand for AI chips and positive sentiment towards artificial intelligence related stocks. China dropped...
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Alex Rice
commented on
This month pretty much consisted of me firing away some indirect bearish-nvidia and bearish-bitcoin plays when they were at their tops. My strategy was to find companies whose buyers pumped the prices to follow such assets, like $Super Micro Computer(SMCI.US$ and $MicroStrategy(MSTR.US$, but were not worth that much. MSTR’s price following the btc run would reflect over 2x the current price of bitcoin, so I felt that eventually something would give with the constant 5 percent...
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Alex Rice
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In the realm of financial growth, a Tax-Free Savings Account (TFSA) stands as a beacon of opportunity. For many, the TFSA is a gateway to financial freedom, but the question remains: How can one utilize a TFSA to its fullest potential, particularly if you're just starting out? With an overwhelming array of stocks and investment products to choose from, finding the right fit for your portfolio can seem like searching for a needle in a ...
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