Top Aussie investor says beware Bitcoin & Tesla

A ride up from a 70 cents share price to $48 nowadays with an all-time high of around $67, shows Magellan has been a top class company to invest in.

Going long Bitcoin and Tesla is speculation and their share prices could blow up any time soon, or later, which could cause a 20 per cent correction to the overall market! That’s not my belief but it is Hamish’s, though he’s not expecting it soon.

There are experts tipping it goes to US$100,000 this year but that’s a guess that only speculators should believe.

That’s the price movement of a very risky stock, despite the fact I called it a good buy for speculators, especially if it went to $500.

It didn’t go to $500 so I missed out on the recent rise but if I hadn’t, I’d be a seller now.

economic recovery is “making real progress,” although he cautioned that the gains have been uneven.“India’s demand is seen pretty weak now, which is a big issue, but the market seems to have moved past that,” said Jeffrey Halley, a senior market analyst at Oanda Asia Pacific.

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Dutch Bros has held discussions with potential advisers about a listing, the people said.A final decision on pursuing an IPO hasn’t been made and the company’s plans could still change, they said.Representatives for Dutch Bros and TSG declined to comment.Dutch Bros, founded by brothers Dane and Travis Boersma in 1992, operates coffee shops in the western U.S.It sold a minority stake to TSG in 2018, according to a statement at the time.

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