/biz/ - Business & Finance

Probably an absolute brainlet question, but where do you anons get the financial reports for company's?
Stuff like assets, debts and number of shares?

Why don't you buy OTM LEAPs on quite literally every promising stock?
Worst case scenario you lose some change, best case scenario you 1000x your initial investment, it would literally only take one gold bar in a sack of shit and it'd all be worth it?
You could then just roll them any time one takes off.

>t. retard

Quick question about LEAPs, would you really worry about IV Crush if you're gonna get a boat load of intrinsic value?

>>24187823
WHAT A FUCKING DAY

Up 15% all from PLTR.

>>24111728
Fellow britbong here.
As other anons have said, try getting a higher paid job + move out of the crowded big city (where houses are cheaper) + get a budget calculator - make sure you're not pissing away money every month. Live frugally.

Once you have all that done that should free up some extra cash every month:
>S&S ISA - Limit is £20k per year which works out to roughly 1.6k a month.
Get as close as you can to maxing this out, Vanguard is your go to. I would personally recommend a 90% 10% split between the FTSE global All Caps Accumulation fund + Global bonds.
>LISA
Housing market in the UK is a clown market and we're probably due for a correction soon. If you haven't got a LISA get a LISA. You can dump a max of 4K every financial year and the government will match it with £1000 if you are using it to buy your first house.
>Emergency fund
Have like 3 months worth of expenses tucked away in some high street bank current account.
>Gold
Thankfully Sovereign/Britannia gold coins are exempt from Capital Gains Tax so you can keep a decent amount in a vault as a hedge against a recession. You need like £2000 for it to financially viable storing it in a vault.
>Pension
You can either go with your company's pension or a SIPP where you opt out of your company's scheme and invest in your pension yourself. This is personal choice, I keep my company's pension.


Once you have all that in order, you should be set for a comfortable retirement. You can add in memes like renting property (too much headache and way overhyped in the UK IMHO) or more risky plays like individual stocks/options but the above is more than enough.

Has any anon "made it" almost exclusively on LEAPs?
I've got a boomer vangaurd index fund but I want to play a bit more aggressive.
Was thinking LEAPs because a massive loss over 2-3 years doesn't sound as bad as a massive loss in 2 months.

Redpill me on the recession biz but I don't believe jackshit about it so far