u/KimJongSoros

Going through the Brickham 700 question practice with the new UofT index for practice - I'm barely 1/10th of the way through but have already found dozens of errors in the index - with blatantly wrong page numbers and/or section numbers.

Obviously I get that these indexes are free and generated by volunteer students under immense time constraints - but I'm wondering if these errors are common and to be expected or if this year's cohort is just unlucky.

Will be allocating extra time to go through the entire index with a fine toothed comb because now I'm nervous.

I'm finding it super super easy. Just want to do a pulse check to I don't get false confidence.

I am a U.S citizen but am a resident of Canada for tax purposes and have been earning in CAD for the better part of the last 15 years. For investing purposes I convert my CAD to USD after my taxes are done and invest (I don't worry too much about timing the actual currency exchange).

Both the dollar and the CAD have lost value since COVID - the USD almost 30% since 2020. The CAD is doing badly but far better than the USD (only a 17% loss in value since 2020).

Quantitative Easing aside, the Macro environment isn't helping the USD either - foreign central banks have severely reduced their exposure to US treasuries, and other unrelated macro events have caused major central banks like Japan to dump U.S bonds en masse, which has exerted extraordinary downward pressure on the U.S Dollar.

Obviously we are in a bit of a bubble of bad vibes with the current administration - so its easy to get into a spiral of doom and pretend like the sun will never shine again - but at the same time, it surely isn't a unreasonable to suggest that the U.S's reputation may be irreparably tarnished, and global actors will surely be doing their best to mitigate their exposure to U.S dollars in future, especially since those dollars are being weaponized to often.

So all this has got me thinking whether I should just convert all my investments to CAD instead.

But the idea of the CAD paying off in the long run is honestly absurd. A nation of 40 million just doesn't have the international clout for long term investment's denominated in its currency to pay off if I eventually want to convert back to USD, however level headed its government may be.

And the idea of global banks flocking to the Euro or the Yuan is almost even more absurd. The Euro is a regulatory mess even in the best of times, and China, for all its economic clout, is still a thinly veiled dictatorship that is not aligned with the West by any measure - I fail to see how or why Central Banks would willingly award the Yuan reserve status.

So we are back where we started - the USD, whilst weakened, remains the reserve currency for the rest of the next 50 years at least.

Am I wrong?

Edit: Damn I didn’t know this post would bring out all of the Crypto bros from hibernation

I recently cashed out on my NBIS shares, which grew to gobble up almost 90% of my portfolio. I sold to secure profits (obviously) but also because I truly believe AI, while inherently useful and promising - is definitely a bubble right now and is being overvalued by the market - especially since most corporations themselves either don't know what to do with it or are using it for tasks that have no hope of providing a return on investment for the trillions that have already been sunk into its build out (literally just summarizing articles, or basic research and coding etc).

That being said - Inflation has not been this high since 2023 (3.8%), and there really doesn't seem to be any end in sight with puppet Warsh now at the helm and the tone in the White House - the move seems to be "own assets or be left behind". Add to this that the U.S dollar has lost 30% of its purchasing power since 2020.

I want to keep my money in the market - but honestly what is the move here? Every industry seems to be exposed to AI to some extent - and to be honest all I want in the short term is not to beat the market (since there is no way to do that without jumping on the AI bandwagon) - but to merely beat inflation at the very least.

What are some safe asset classes/stocks/ETFs to accomplish this?

Title basically. I'm worried I am wasting practice questions and not actually getting better at navigating my materials...

I tagged this as NBIS analysis - but I'm hoping someone can share some principled and reasoned analysis below. Normally this thread is flooded with well reasoned opinions on what financials will be like and the overall direction management will take us in the days leading up to earnings - but it has been pretty quiet this time around on that front.

I don't intend this to be a purely speculative thread - so please cool it with the "wait let me ask my balls" replies. I know a few of you are actually quite well educated and not just hype investors - I'm really looking forward to benefiting from some knowledge.

If you think the earnings will be trash for good reason - please share that too. This isn't a cult.

The paper ones I bought from Dollarama keep falling off or ripping 🥀

Is anyone else simultaneously ecstatic at these explosive gains, but also deeply uneasy with the macro environment right now?

Personally looking to trim at what I believe will be the next major test, but I am wondering what the rest of you are thinking.

This environment is truly unprecedented.

this is insane.

Wondering (praying) if someone called in, or has any insider info.