Tag Archives: ETFs

I Became An Instantaneous Oil Futures Stock Trader This Afternoon At 2:30pm.

by Anura Guruge


Click to ENLARGE & ADMIRE.


WOW! Talk about historic. Oil futures going BELOW $0.00. Oil prices, albeit in a futures contract, going below $0.00. Down to about -$32. Yes, MINUS $32.

Well, you don’t have to be Einstein to work out that they can’t be below $0.00 forever. Right?

Yes, short-term they might go down another $20. But, oil can’t stay below $0.00.

As some of you know I am a very active trader & investor. But, I have NEVER done oil before. Knew NOTHING about oil. 90% of what I do and what I have done is my sphere of experience/expertise high-tech. But, I am also uniquely equipped mentally & with the technology to do deep-dive research. And that is what I did. Flipped that magic-switch I have. Had my brain going in overdrive. Didn’t take long to work out what ETFs I needed to buy.

I had a fairly large stash of cash sitting on the sidelines just for an opportunity like this. SMILE. I pulled the trigger. No pussy-footing. I went in BIG. SMILE. V. BIG. Large trade. Now I am just going to sit back and wait. As oil demand comes back — as it has to FROM TODAY — I will be smiling even broader. This was insane.

So EASY. I am still smiling.


Related posts:
Check Category ‘Investments.


by Anura Guruge

‘Fractional Shares’ (A.K.A. Dollar-Based Investing) In The Likes Of Amazon Is A Wonderful Innovation.

by Anura Guruge


Click to ENLARGE. From ‘Fidelity’ no less.


Click to ENLARGE. From ‘Interactive Brokers’.


Great innovation and I applaud the financial institutions, like ‘my’ Fidelity, scrambling to make it a reality, pronto. No, I am not in need of fractional shares. SMILE. At 66, after 40-years of active, non-stop investing (i.e., I have always been in the market, without fail) I can afford to buy full shares of stock I want and even maybe in the ‘customary’ blocks of 100.

I am happy for ‘kids’, new comers and those that missed out on the likes of AMZN when they used to be cheap. I am a great believer and advocate in investing. I encourage kids to invest and tell parents to get their kids invested. Yes, my kids are invested. SMILE.

Fractional shares are a GREAT. Love the concept.

40-years ago, in the U.K., I got started in UNIT trusts. Bit like mutuals, but if I remember right, with no minimums. You bought units.

Yes, of course, you can buy into the likes of Amazon, Google and Netflix, by investing in the right mutual funds or ETFs. But, it is not the same as having a skin in an actual SHARE of stock. Gives own a sense of ownership. I love owning Amazon. When I buy from Amazon, it is like buying from my own store! SMILE.

I hope a lot of ‘kids’ — even those in their 20s — gainfully exploit this opportunity.

It is also good for us shareholders. SMILE. GRIN. It will drive up share prices. SMILE.

I hope fractional shares are NOT going to be restricted just to mobile APP transactions. That would be stupid. I should be able to buy fractional shares on the Web.

I checked my Fidelity APP. Couldn’t see fractional shares on it. I am going to call them up tomorrow. I will let you know.


Related Posts:
Check Category ‘Investing’.


by Anura Guruge