Alternative Investments

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Real Estate, Education, Investing, Self-improvement, Business, Money

4.6 • 858 Ratings

🗓️ 20 March 2022

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of DIY Money, Quint and Daniel discuss alternative investments outside of traditional investment accounts.

Transcript

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0:00.0	Hey, this is Daniel.
0:01.8	Thanks for listening to DIY Money.
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0:27.5	welcome back ladies and gentlemen you're listening to another edition of d iwai money
0:34.7	hey i think we have a lot of crossover from folks in the DIY money world who experiment with, you know, the Robin Hood apps and the, maybe not so much to go into the meme stock world or the Wall Street bets world.
0:49.7	But maybe, you know, maybe, I feel like we had a flutter of activity on DIY money during that time period that has since kind of waned a little bit.
0:59.0	Here's why I'm saying that.
1:00.6	There's an allure right now by folks to venture into some of the more defunct or very close to being defunct stocks that are that are collateral damage
1:15.6	from this conflict that we're seeing within Ukraine, the Russian invasion.
1:21.7	Many of those stocks are Russian stocks or they're the Russian ETF.
1:26.4	In fact, I read a report that call option buying, so
1:30.2	options looking for upside movement on the ETF, the RSX, the Russian stock exchange
1:38.0	ETF is at all-time highs, meaning it's more than we've ever seen before, which tells you
1:45.6	that people are betting on this, this surprise that this, you know, ETF or this market will
1:55.0	bounce back considerably.
1:57.2	Whether that's right or wrong, I want to caution our listeners that that is never a long-term sound investment plan.
2:05.1	You know, I've now heard the horror stories of people who put a ton of money into Dogecoin, and they're now waiting for their money to get back to even.
2:14.0	And I got a newsflash, that won't happen.
2:16.4	I mean, it's not investment guidance or
	...

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