Bitcoin to $250,000, plus secrets from a market wizard
Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through the current market and investing landscape. Here's what's on the docket:
- We spoke to Joseph Edwards, a former professional esports coach turned crypto researcher who called bitcoin's meteoric rise to $60,000 last year. He broke down his prediction that it could reach $250,000 by 2025, and shared two altcoins that could surge 20 times over the next few years.
- Peter Brandt is a highly skilled trader profiled in Jack Schwager's book "Unknown Market Wizards." Best known for averaging 58% annual returns over a 27-year period, he laid out how he identifies asymmetric opportunities and avoids performance-dragging trades.
- 30-year real-estate-investing veteran Deb Cleveland is a house flipper who owns 80 rentals. In an interview with Insider, she explained how she finds discounted properties, renovates on a budget, and sells for huge profits.
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Bitcoin's path to $250,000 by 2025
Joseph Edwards is the head of research at Enigma Securities, a London-based crypto liquidity firm. He called bitcoin's meteoric rise to $60,000 last year and predicts it could reach $250,000 by 2025. The ex-professional esports coach also shares two altcoins that could surge 20 times over the next few years.
Read the full story here:
The head of research at a crypto firm who called bitcoin's surge to $60,000 last year breaks down why it will reach $250,000 by 2025 - and shares 2 altcoins that could go up 20 times
A market wizard explains how to find asymmetric opportunities
Peter Brandt is a highly skilled trader profiled in Jack Schwager's book "Unknown Market Wizards." Over the years, Brandt has grown from a technical analysis trader to a meticulous risk-taker. He broke down how he identifies asymmetric opportunities and avoids performance-dragging trades.
Read the full story here:
Unknown market wizard Peter Brandt averaged an annual compounded return of 58% over 27 years. The highly profitable trader breaks down how he finds asymmetric opportunities - and shares 2 rules to avoid 'popcorn trades.'
How to master house flipping
30-year real-estate-investing veteran Deb Cleveland is a house flipper who owns 80 rentals. She got her first property for $62,000 with a five-year loan and sold it at $225,000 18 years later. Cleveland explained how she finds discounted properties, renovates on a budget, and sells for huge profits.
Read the full story here:
Deb Cleveland is a master house flipper who maintains 80 rental properties. The 30-year real-estate-investing veteran breaks down how she picks discounted houses to buy, renovate on a budget, and successfully sell or rent for huge profits.
Stock pick central
Seeking experts who are willing to name names? Look no further:
- Goldman Sachs says to buy these 38 stocks offering strong sales growth and margins - and are best-positioned within their industries to weather an economic slowdown
- Morgan Stanley says these 10 stocks are the firm's top selections right now in a group of picks that's doubled the S&P 500 over the last 3 years
- Top 12 meme stocks this week on Reddit: AMD and Tesla steal the show after blowout earnings reports while Square shakes up the fintech space with a bold acquisition
- Morningstar handpicks 10 bargain ETFs to buy now, even after inflows set a new record above $500 billion, topping 2020's breakneck pace of investment
- Goldman Sachs names 26 stocks with the solid balance sheets to continue beating the market as the Fed's tapering plans trigger chaos elsewhere
- UBS says to target stocks in these 5 industries that offer attractive risk-reward profiles as the broader market's near-term trend skews to the downside