Investrly Thoughts 🌐 (Administration change)
How to invest in Cryptocurrency (The basics)
Investrly Stock and Cryptocurrency pick of the week
Investrly Term, Tweet, Quote of the week
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Investrly Thought of the Week
(Administration change)
This coming Wednesday is a pivotal moment in America with the inauguration of a new administration, with many investment and national policies set to change with it. A Democratic wave in Washington D.C. offers new investment opportunities in infrastructure, climate and alternative energy specifically. The President-elect also unveiled a new $1.9 trillion stimulus plan focusing on a coordinated vaccination strategy while providing more money to every American. Printing more money leads to a devaluing of the dollar. As an investor, this forces you to find higher yield and makes considering cryptocurrency an ideal strategy.
Invest Early in Yourself
How to invest in Cryptocurrency (Gemini)
Created by the Winklevoss twins, the mobile app and cryptocurrency exchange Gemini makes it simple for any investor to invest in cryptocurrency.
Click the link to establish your account in minutes. Connect your bank account and make your first deposit of $100 into a cryptocurrency. You will receive $10 bitcoin for free as your sign up bonus. Start here. Start now.
Investrly Stock
Skillz - $SKLZ
One of the hottest Special Purpose Acquisition Companies (SPACs) stock to end 2020 was Skillz. Gambling meets mobile meets e-sports gaming. The total addressable market of this industry is massive with users spending more time on the Skillz platform than that of Tik-Tok, Youtube, and Facebook. The future is bright for this leading company in this growing market.
Watch Skillz CEO Andrew Paradise discuss the company on CNBC last month.
Investrly Crypto
Aave Protocol - $AAVE
Cryptocurrency is here and it’s a lot more than just Bitcoin. Get to know the name Aave sooner than later. Aave is the leading decentralized cryptocurrency protocol at the heart of the exploding Decentralized Finance (DeFi) movement. Aave is like a bank cutting out the middle men and enabling users to lend and borrow cryptocurrencies in a secure and trustless manner.
The best way I describe Aave today is like investing in the man JP Morgan himself, not the company. This is how early we are in Aave. A way to invest in Aave is the Aave Token, available to buy on Gemini. You can earn 6% interest on your Aave Token holdings simply by staking them inside the Aave protocol.
Investrly Term of the Week
Rebalancing
Out with the old. In with the new.
Rebalancing is the process of realigning the weightings of a portfolio of assets. This involves periodically buying and/or selling assets inside a portfolio to maintain a desired level of asset allocation or risk.
For example, say an original target asset allocation was 60% stocks and 40% bonds. If the stocks performed well during the period, it could have increased the stock weighting of the portfolio to 75%. The investor may then decide to sell some stocks and buy bonds to get the portfolio back to the original target allocation of 60/40.
Investrly Tweet of the Week
Investrly Quote
“Learn from your past. Earn for your future.” 🌪
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Not financial or tax advice. Investrly the newsletter is 100% educational and is not investment advice or a solicitation to make any financial decisions. This newsletter is not tax advice. Talk to your accountant and do your own research.