Recent comments in /f/wallstreetbets

Okra_Smart t1_j9vfxx3 wrote

Natural gas is widely used for various purposes: it is the cheapest alternative for industrial purposes. For example the TSLA factory in Berlin uses natural gas. I don't know about the other locations. Other businesses use natural gas too.

Also, natural gas could be used for the purpose of cooling down. For example, the energy consumption rises a lot during hot days because of the extensively using of air conditioning.

So there are a lot of reasons why it is simply not true, that natural gas should be rising only during winters. Natural gas surprisingly can rise a lot during hot summers.

But the main price driver is the production and export of natural gas. For example, USA produces nowadays much, much more natural gas than 15 years ago and this is clearly visible in the charts. Now that Europe is going for the cheap US natural gas, the price is going up and reaching levels, unseen for almost 15 years.

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MixedElephant t1_j9vf367 wrote

What I’d do:

Payoff the car. (48,000) Buy 2 BTC, and cold storage hardware (trezor and a stainless steel seed card) ($47,000)

Buy $45,000 QQQ

Then add $900 every month to your investment account and add to QQQ.

This isn’t likely going to make you a millionaire in two years, but it’s definitely more aggressive/risky than /r/personalfinance. And you’ll be in a very good position in 15-20 years.

BTC is the optionality in your portfolio. It could end up paying off huge ($200k+ per coin, or could flop).

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VisualMod t1_j9ves1n wrote

>I completely agree with your assessment of the situation. The market is due for a correction, and ECPG seems like a good way to profit from it. I would recommend buying shares of ECPG at current levels.

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VisualMod t1_j9verc1 wrote

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