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fromdevcom · 3 months ago

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I was employed by one of the FAANG employers (common acronym for technology giants that include Facebook, Apple, Amazon, Netflix and Google) and earned a good amount of RSUs (Restricted Stock Units). I have held a large portion of these RSUs for almost 7 years and now I am convinced to sell them all for better diversification. I wanted to write this on my blog since I did not find any good reasonable single page of advice on various forums for managing RSUs. These are some key learnings from my recent research. First Thing First - The Books That Influenced This Blog Post These are the books that impacted my thinking. I highly recommend these books to get an independent perspective. Common sense investing by John C Bogle A Random walk down wall street by Burton Malkiel The Intelligent Investor by Benjamin Graham (The mentor of Warren Buffett) Why Do Most FAANG Employees Hold Their RSUs? Not selling a RSU and ESPP may be due to Friction to Act. This is well explained by the Endowment effect and FOMO. Why Do Most FAANG Employees Never Buy More of the Same Stock Outside RSU and ESPP? This is a common pattern and a well accepted behavior that makes me wonder why most of us, including me, will not buy more of the same company stock from the direct stock market. Probably, because we know that it is already very risky and again there is a Friction to Act. Diversification is Key Diversification is essential for a long term investment horizon. You must have a well diversified portfolio. Keeping a lot of your investment in a single stock is extremely risky even if it is a FAANG company. To try out a simple FAANG biased diversification strategy I made a hypothetical portfolio that has all FAANG stock with equal allocation. This portfolio looks like this FB - 20% AAPL - 20% AMZN - 20% NFLX - 20% GOOG - 10% GOOGL - 10% I have split GOOG and GOOGL into equal parts for simplicity. Now let us try to backtest this portfolio and see how it plays out. Backtest #1: FAANG vs Apple Backtesting Results of “All FAANG Combined Portfolio” vs “AAPL” Verdict: FAANG Combined portfolio beats Apple This backtest shows how in the last 8+ years FAANG stocks combined beat each one of Apple, Amazon and Netflix. Backtest #2: FAANG vs Facebook Backtesting Results of “All FAANG Combined Portfolio” vs “FB” Verdict: FAANG Combined portfolio beats Facebook This backtest shows how in the last 8+ years FAANG stocks combined beat each one of Facebook and Google. So my learning from this is if I am employed in any one of these companies I should sell 80% of my RSUs and then diversify in other FAANGs or better investment to make my portfolio better. I just took FAANG as an example portfolio, I am pretty sure that there are better portfolios that can easily beat FAANG - like this backtest with a popular 3X leveraged investment of TQQQ beats all FAANG together. Even before you jump to any conclusion, do more research and I assure you that you will find an even better portfolio, and when you find it don't forget to share with others. What Are Some Good Diversification Options? For FAANG and Other Tech Workers? Since most of the market is technology stock overloaded it is hard to find good index fund that will avoid same stocks overlap. Some options I found are listed here. Lary Swedroe Portfolio - This portfolio rely on small cap and total world market exposure. This portfolio beats SnP 500 consistently over decades. International exposure using index funds like VXUS, IEMG and similar. Real estate investments - these are commonly trusted for high gains. Direct real estate is common yet difficult due to large investment. Passive real estate investments via platforms like CrowdStreet and Fundrise. Why Holding RSU is a poor choice Everyone knows this yet reiterating Generally there are many examples shared with us about companies like Enron, Lehman Brothers, GM and more. All Eggs in one basket Keeping shares of the company

you work for is multi fold risk in worst case scenarios like company crash generally is followed/preceded by a mass layoff. This makes the situation even worse for employees who have been holding the RSU and ESPP forever. Biased investment decision Most employees have a very biased one sided perspective of the employer that makes their decision a weaker investment choice. Knowing inside information and future projection is often misleading. Selling windows are limited due to insider trading limitations Most companies do have a big insider trading window. This may cause a lot of difficulty in selling RSU in time. You may end up almost always missing the peaks. No Single Company Stock can Beat the market for long term This has been proven and insisted by many successful investors. If you do not agree you may want to read some of the books in top section that impacted my thinking. Do Your Own Research, and share your opinion with me Just wanted to clarify that this is not investment advice, but more of my opinion based on recent internet research. I am not even qualified to suggest anything reasonable for investment. Please do your own research before you jump to any conclusions. More Forums and Resources for your research Reddit Sub: FatFire This is a sub reddit that has many FAANG employers boasting and also looking for advice from like minded people. If you feel like rich people, go to this sub and get comfortable. Reddit Sub: Personal Finance This SubReddit has a lot of members who give good suggestions on the long term strategy and systematic diversification. Conclusion Holding is certainly not good, may be you are missing out on a better investment. At least thats what I think as of now, if you are able prove me wrong please let me know. What are your thoughts?

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novadanewgod · 4 months ago

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Getting rich from stocks and bonds requires a disciplined approach, patience, and a long-term perspective. Here’s a step-by-step guide to start from scratch: 1. Educate Yourself Learn the basics of investing, including how stocks, bonds, and financial markets work. Key concepts to study: • Stocks: Shares of ownership in a company. Returns come from price appreciation and dividends. • Bonds: Loans to corporations or governments. Returns come from regular interest payments and principal repayment. • Risk and return: Stocks generally have higher returns and risk, while bonds are more stable. • Compounding: Reinvesting earnings for exponential growth over time. Recommended books: • The Intelligent Investor by Benjamin Graham. • Common Stocks and Uncommon Profits by Philip Fisher. • A Random Walk Down Wall Street by Burton Malkiel. 2. Set Financial Goals Define specific, measurable goals, such as: • Saving for retirement. • Building a portfolio for financial independence. • Generating passive income. Decide on the time horizon (short-term vs. long-term) and the level of risk you’re willing to take. 3. Build an Emergency Fund Before investing, ensure you have 3–6 months of living expenses saved in a safe, easily accessible account. This protects you from having to sell investments during market downturns. 4. Open an Investment Account Start with a brokerage account or a tax-advantaged account like: • 401(k)/IRA: Ideal for retirement with tax benefits. • Roth IRA: Tax-free withdrawals in retirement. • Brokerage account: Flexible but taxable. Choose low-cost brokers like Fidelity, Vanguard, or Charles Schwab. 5. Start Small You don’t need a lot to start investing. With fractional shares, you can invest small amounts in expensive stocks. Focus on building good habits: • Contribute consistently (e.g., monthly). • Avoid timing the market; use strategies like dollar-cost averaging (investing regularly regardless of market conditions). 6. Focus on Index Funds/ETFs Instead of trying to pick individual stocks or bonds, start with diversified investments like: • Index Funds/ETFs: Track broad markets (e.g., S&P 500). • Bond Funds: Diversify across corporate, government, and municipal bonds. These offer low fees, broad exposure, and good returns over time. 7. Reinvest and Compound Reinvest dividends and interest payments to maximize compound growth. Over time, the compounding effect can significantly increase wealth. 8. Diversify Your Portfolio Avoid putting all your money into one stock, bond, or sector. Diversification reduces risk. A simple portfolio for beginners might include: • 70% stocks (e.g., S&P 500 ETF). • 30% bonds (e.g., U.S. Treasury Bond ETF). Adjust based on your risk tolerance. 9. Avoid Common Mistakes • Don’t chase high-risk investments (e.g., penny stocks). • Avoid emotional trading; stay focused on your strategy. • Watch out for fees and expenses that eat into returns. 10. Stay the Course Investing is a long-term game. Historically, the stock market has grown over time despite short-term volatility. • Review your portfolio annually. • Adjust as needed based on age, goals, and market conditions. Bonus Tip: Keep Learning and Earning • Keep educating yourself on new investment strategies. • Invest in your career or side businesses to increase your income and allow for larger investments. By following these steps and staying patient, you can grow your wealth steadily over time through stocks and bonds.

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basics--0922 · 5 months ago

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Parting thoughts for the year

Index

Favourite 2024 Albums

NAYEON, NA Ariana Grande, eternal sunshine TWICE, With YOU-th LE SSERAFIM, CRAZY TWICE, Strategy Billie Eilish, HIT ME HARD AND SOFT TWICE, DIVE

Honourable mentions

LE SSERAFIM, EASY ROSÉ, rosie Johnny Blue Skies, Passage Du Desir YVES, LOOP NMIXX, Fe304: BREAK Infinity Song, Metamorphosis Complete ENHYPEN, Romance: Untold Clairo, Charm Kacey Musgraves, Deeper Well

Albums not released in 2024 that I listened to a lot this year

JIHYO, ZONE (2023) NAYEON, IM NAYEON (2022) Jeff Buckley, Grace (1994) TWICE, Between 1&2 (2022) Laufey, Bewitched (2023) Laufey, A Night At The Symphony (2023) Chappell Roan, The Rise and Fall of a Midwest Princess (2023)

Parting thoughts for the year

I tuned into a lot of pop this year, as I tend to do each year, though I'd like to try and branch out next year in addition to pop. A lot of K-Pop this year, too, and I am glad I've come back to it after a huge break from it for years (specifically, I avoided it from 2013-2021).

I finally had a moment where Laufey's music clicked for me. brat didn't quite capture my attention, though I also didn't take particular care when I listened to it, either. I didn't realise that this year had been dubbed the 'Year of brat' until I overheard it on my mom's news program. I don't think I could recognise a single song off of brat. But I do really like Charli xcx, and I am certain I'll have a moment where brat clicks for me at some point.

There are also some records that came out this year I haven't had the chance to listen to yet, but want to to, like Tems' Born in the Wild; Tyler, The Creator's Chromakopia; Kendrick's GNX; RM's Right Place, Wrong Person; Adrianne Lenker's Bright Future. I've given Doechii's Alligator Bites Never Heal mixtapes a couple of cursory listens, and enjoy it a lot, but I've not yet given it the type of attention I think warrants.

I shelved the Waxahatchee album to-listen, and never ended up listening to it. (By the way, Saint Cloud (2020). Perfect album.) I'm intrigued by Camila Cabello's record, but haven't listened to it yet, either. I didn't even realise that Maggie Rogers came out with a record this year, too. Nor Soccer Mommy.

I really haven't been locked in this year, by my metrics. I don't read the news! I'm not on Instagram! My only social media is my main Tumblr blog and my TWICE Twitter stan account. I find out about new music mainly from my little brother and infrequent catch-ups with friends. (As of right now, I still haven't heard Bruno Mars' and Lady Gaga's 'Die With A Smile', I've only heard my friends' group rendition during karaoke. Which they sang along to YouTube on a TV. Without a microphone.)

I try not to feel self-conscious about my listening habits, but with the main list being so repetitive and short (4/7 releases are TWICE; 5/7 releases are K-Pop; all 7 are female artists), and the other lists more or less following suit, it was hard not to feel that I ought to pad the list with a little bit more variety.

But, what can I do? If there's anything I've learned this year, it's that I live poorly when I try very hard to work against my nature. I am who I am. And my nature? Is that I love pop and K-Pop and I love women. My list will probably look very similar next year—unless by some major miracle, Frank Ocean and John Mayer both release records in 2025.

There are also songs I really loved this year, but weren't as captivated by the albums, like 'II MOST WANTED' from Beyonce’s Cowboy Carter—which I do think I need to give another listen. I heard the album playing in order recently while shopping around a hiking superstore, clearly put on by a gay employee I saw walking around, and it unlocked something to me.

I had a similar experience last year, hearing Taylor Swift's 'Anti-Hero' in a random Penshoppe in the Philippines. I did not like the song prior to this (nor did I like the album), but, somehow, I started to like 'Anti-Hero' after I heard it in that exact way.

I want to try to limit my streaming usage for next year. I don't use Spotify; I subscribe to Tidal, and even then, I'm quite burned out by the UI, the recommendation algorithm, despite Tidal being one of the less algorithm-heavy platforms. I'm also almost always on a YouTube music binge, letting the autoplay dictate my listening.

My hope is that getting away from streaming will encourage me to seek out more personally curated music.

When I scrounge up enough money, I want to buy a good quality MP3 player with large storage (or maybe just dig one out that my dad and I probably have lying around the house).

I also want to spend a bit more time and money on Bandcamp and SoundCloud. I want to seek out music blogs, forums, magazines, zines. I want to go to more gigs of local bands. I want to load my CD collection onto my MP3 player, like I did when I was a kid and a teenager.

I looked for my music archive recently, and was sad to find it largely incomplete. I must have deleted a lot of the songs I'd held dear for so long, especially the K-Pop, which I think would have been deleted in 2013, when my shame had reached its apex; I was ashamed of my keen interest in the genre, and in my quickly-spiraling fandom obsession. I remember meticulously archiving all of the songs, and making sure to maintain the metadata of the song titles in Korean, which I'd learned to read. It's all gone now. I probably deleted some SHINee covers that have also since been deleted from the internet.

This whole thing started out as a casual write up that’s now evolved into over 7,000 words. Really, I thought I was just gonna go write a paragraph on a couple of albums I felt really passionately about this year. Then I ended up writing a mini-essay on Nayeon's second mini, NA, and it just unfolded from there.

I’m thankful that I’ve taken this time to go back over my favourite releases this year, re-listening to them as I wrote about them, and I'm thankful I got to revisit the memories I’ve had with the music.

Favourite 2024 albums

Honourable mentions

Albums not released in 2024 that I listened to a lot this year

#long write-up #albums of the year #albums of 2024

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korshubudemycoursesblog · 8 months ago

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Stock Trading | Investing: Technical Analysis Stock Market

When it comes to navigating the stock market, there are two major paths traders and investors often take: fundamental analysis and technical analysis. While fundamental analysis focuses on the underlying financials and health of a company, technical analysis delves into studying price movements and patterns to make predictions. In this blog, we’ll walk you through the essentials of Stock Trading | Investing: Technical Analysis Stock Market and how it can empower your trading decisions. Whether you're new to investing or a seasoned trader, this guide will break things down in a simple, conversational tone to help you get started on the right foot.

What is Technical Analysis?

Technical analysis is the practice of examining historical price data and trading volumes to forecast future price movements. It’s based on the idea that market trends, rather than random events, drive price fluctuations. Unlike fundamental analysis, which digs into a company's earnings, revenue, or growth potential, technical analysis relies on charts, patterns, and indicators to find opportunities in the market.

For someone who is starting, it may seem a little complex, but trust me, once you get the hang of it, it's like having a roadmap in front of you. The central idea behind technical analysis is that history repeats itself. Prices often move in trends, and by recognizing those trends early, traders can make informed decisions about buying or selling. Traders and investors alike use technical analysis to time their trades and determine the right entry and exit points.

Why is Technical Analysis Important for Stock Trading and Investing?

The stock market can sometimes feel like a rollercoaster ride, with sudden ups and downs. Stock Trading | Investing: Technical Analysis Stock Market helps investors manage risks by offering a clearer view of market sentiment. By analyzing past price patterns, traders can develop strategies for when to buy or sell. One of the biggest advantages is that technical analysis works in any market—whether it's stocks, cryptocurrencies, or forex—because all markets exhibit price movement that can be studied.

For those of you just stepping into stock trading or investing, using technical analysis provides a much-needed edge. Rather than guessing or following emotions, this strategy gives you a concrete way to evaluate the potential success of a trade.

Key Concepts in Technical Analysis

To start, let’s explore some basic but crucial tools used in technical analysis:

Support and Resistance Levels: These are price points that act as barriers. Support levels indicate where a stock's price has historically had difficulty going below, while resistance levels show where it struggles to go above. Traders look for breakouts or bounces off these levels to guide their decisions.

Moving Averages: This is one of the most common tools used in technical analysis. A moving average smoothens out price data to create a single flowing line, which helps traders identify the trend direction. The most widely used are the simple moving average (SMA) and the exponential moving average (EMA).

Chart Patterns: These include formations like head and shoulders, double tops/bottoms, triangles, and flags. These patterns signal potential future movements based on historical behavior.

Indicators: Technical indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) help traders gauge market momentum, identify overbought or oversold conditions, and make more informed decisions.

How to Use Technical Analysis in Stock Trading and Investing

So, how exactly do you implement technical analysis in your trading strategy? It all starts with setting up a plan. Before buying or selling, identify trends by looking at price charts over different timeframes. Start with longer periods (e.g., a year or several months) to identify the overall trend. Then, zoom in to shorter time frames (e.g., days or weeks) to find the best moments to enter or exit a trade.

Once you’ve identified the trend, pay attention to support and resistance levels. If a stock is near a resistance level and looks like it will break through, that could be a sign to buy. Similarly, if it’s nearing support and shows no signs of breaking down, it might be a good moment to sell.

A key part of technical analysis is learning how to read candlestick charts. Each candlestick represents a period’s opening, high, low, and closing prices, and the formations can provide valuable clues about where the stock might be heading next.

Free AI Tools for Technical Analysis

In recent years, artificial intelligence has made its way into the world of stock trading, offering incredible tools for technical analysis. With free AI-powered platforms, traders can automate their analysis, get suggestions based on historical data, and optimize trading strategies. These tools make it easier for even beginners to get a handle on technical analysis, reducing the learning curve.

For example, some AI tools analyze thousands of charts in seconds and highlight patterns or trends that you might otherwise miss. They can also alert you when stocks are reaching critical levels of support or resistance. By incorporating AI into your trading strategy, you can significantly improve your chances of making successful trades.

How to Get Started with Technical Analysis as a Beginner

If you’re just getting started with Stock Trading | Investing: Technical Analysis Stock Market, don’t worry—it’s a skill that gets better with practice. Start by familiarizing yourself with the technical indicators we mentioned earlier, like moving averages, RSI, and MACD.

Next, try using demo trading platforms, many of which offer access to free technical analysis tools. These allow you to practice reading charts, spotting trends, and making trades without the risk of losing money. The goal is to build confidence before diving into live markets.

Combining Technical and Fundamental Analysis

While technical analysis is powerful, it’s even more effective when combined with fundamental analysis. When you analyze a company’s financials and pair that with technical indicators, you gain a complete picture of its potential. This strategy works particularly well for long-term investing.

For instance, a stock might show a bullish pattern on the technical side, but if the company has solid earnings growth, a healthy balance sheet, and positive news, it could be an even stronger buy signal.

Common Mistakes to Avoid in Technical Analysis

Overtrading: One of the biggest mistakes beginners make is trading too frequently. The temptation to jump in and out of trades based on small fluctuations can be costly. Remember, technical analysis is about identifying clear trends—not reacting to every small move.

Ignoring the Bigger Picture: Sometimes, traders get so caught up in short-term charts that they miss the bigger trend. Always keep an eye on longer timeframes to ensure you're not trading against the broader trend.

Not Managing Risk: Even with the best analysis, there’s no such thing as a sure bet in the stock market. Always use stop-loss orders to manage your risk and protect yourself from significant losses.

Final Thoughts on Technical Analysis

In conclusion, Stock Trading | Investing: Technical Analysis Stock Market is an essential tool for anyone looking to make informed decisions in the stock market. It’s especially helpful for short-term traders but can also benefit long-term investors when combined with fundamental analysis. By learning how to read charts, understand indicators, and recognize patterns, you’ll be able to anticipate market movements and position yourself for success.

For those ready to take their trading to the next level, incorporating free AI tools can give you a considerable advantage by analyzing data faster and more accurately than ever before. The world of technical analysis can seem daunting at first, but with consistent practice and a disciplined approach, you'll be able to navigate the markets with confidence.

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bookswagononlinestore · 9 months ago

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TOP 5 STOCK MARKETING BOOKS FOR BEGINNERS

Stepping into the world of finance and investments, one needs to be equipped with the experts' ongoing market trends and facts. To navigate the universe of finance, BooksWagon has brought you, the collection of its Best books about trading stocks in India which contain the knowledge of experienced experts.

MUST READS

Let's dive deep into the plethora of top-selling trading books tailored for beginners

"The Intelligent Investor" by Benjamin Graham: ‘The Intelligent Investor’ is a reflection of Benjamin Graham’s core principles which resonate with today’s changing market despite being written in 1949. The book talks about various criteria that need to be taken care of while navigating the current market. The author writes about value investing which is investing at the place where investors seek stock trading at prices below their intrinsic value. The book suggests taking care of the margin of safety describes buying assets at a lower value than their intrinsic amount, avoiding the risk of permanent loss. There are many more things the book talks about, helping you understand the market better in an easy way and make your space there. Equip yourself with the knowledge of the best by the best.

"The Psychology of Money" by Morgan Housel: The book tackles the relationship between mind and money, stating that mind and money go hand in hand and one needs to be mindful to stabilize oneself in the market. "The Psychology of Money" offers a detailed and stimulating exploration of the human side of finance using captivating storytelling and insightful analysis. The author intends to provide the readers with a deeper understanding of their financial preferences and choices, helping them empower them and make mindful decisions associated with them.

"Common Sense on Mutual Funds" by John C. Bogle: the book dives into the idea of mutual funds and the strategies that can be used to invest mutually. The author focuses on index funding. John C. Bogle's "Common Sense on Mutual Funds" plays a significant role in the world of investment, influencing the rise of index fund investing and the adoption of low-cost, passive investment strategies by a large population. Bogle's philosophy and principles worked as the pillars for development of low-cost index funds and ETFs, which have become popular investment options for individuals and institutions alike.

"A Random Walk Down Wall Street" by Burton Malkiel: The author says that the market is extremely random and its nature cannot be predicted. The book says that investors should focus on mixed asset classes to manage risk effectively. The book also explores psychological facts that influence the behavior of an investor .A Random Walk Down Wall Street is a guide containing basic investment strategies. The author emphasizes on passive investing and has popularized the idea of index funds.

"The Little Book That Still Beats the Market" by Joel Greenblatt: "The Little Book That Still Beats the Market" by Joel Greenblatt is a concise guide that introduces a clear and instructive investing strategy. The book works as a translator when it comes to simplifying complex concepts of finance. It talks about the methods and strategies for identifying the undervalued stocks that have high earning potential.

BooksWagon doesn't fail to cater to you all you want. It presents the must-read books to learn trading and investing to enhance your financial knowledge and give you good information before you step into the world of markets and stocks.

#booksbooksbooks #top-selling trading books #trading books #best selling stock marking books #marketing tips #bookish

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stockmarketanalysis · 10 months ago

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Random Walk Index: Definition, Calculation, Trading Strategy, Advantages & Limitations

The Random Walk Index (RWI) is a technical analysis tool used in the financial markets to determine if a stock's price movement is random or part of a trend. Developed by Michael Poulos in 1997, this index helps traders and analysts discern whether a market is exhibiting a directional trend or simply fluctuating without a clear pattern. The concept of a random walk suggests that price movements are unpredictable and independent, a notion that the RWI aims to test.

Definition

The RWI is specifically designed to identify the presence of trends in market prices. A random walk implies that price changes occur without any predictable pattern, making future movements independent of past actions. In contrast, a trending market indicates that price movements follow a discernible direction. The RWI helps to measure whether the price movements over a certain period are more significant than would be expected under a random walk scenario. It essentially compares the price range of an asset to its average price movement, taking volatility into account.

Calculation

To calculate the Random Walk Index, two main values are considered: RWI High and RWI Low. These values are computed over a chosen period, commonly ranging from 2 to 7 days, to capture the extent of price changes.

RWI High: This measures the strength of upward price movements relative to the average price range. It assesses how much the current high price exceeds the previous high, factoring in market volatility.

RWI Low: This measures the strength of downward price movements. It considers the extent to which the current low price is lower than the previous low, also adjusted for volatility.

These two components provide a dual perspective on the market's behavior, indicating whether an upward or downward trend is more pronounced.

Trading Strategy

The Random Walk Index is utilized in various trading strategies, particularly for identifying trends and potential reversals. Here are some common applications:

Trend Identification:

If RWI High values are consistently higher than RWI Low values, it suggests an upward trend in the market.

Conversely, if RWI Low values are higher than RWI High values, a downward trend is indicated.

Entry and Exit Signals:

Traders may look for RWI High to exceed a certain threshold, which can signal a strong upward trend and a potential buying opportunity.

Similarly, when RWI Low surpasses a specific level, it can indicate a strong downward trend and a potential signal to sell.

Breakout Confirmation:

The RWI can confirm breakouts from consolidation patterns or trading ranges. For instance, a significant RWI reading in conjunction with a breakout suggests that the price move is likely to continue in the breakout direction.

Reducing False Signals:

The RWI is often used alongside other technical indicators, such as moving averages or oscillators, to filter out false signals and improve trading decisions.

Advantages

Clarifying Trends: The RWI is particularly effective in identifying the presence and strength of market trends, which is crucial for trend-following strategies.

Volatility Consideration: By incorporating measures of market volatility, the RWI provides a more nuanced view of price movements, helping traders understand the context of these movements.

Flexibility: The RWI can be applied to various financial instruments, including stocks, commodities, and currencies, across different time frames.

User-Friendly: Despite the technical nature of its calculations, the RWI is relatively straightforward to interpret, making it accessible to traders with different levels of experience.

Limitations

Lag in Signal: Like many indicators, the RWI can be slow to react to price changes, potentially leading to delayed signals that may miss the early part of a trend.

Risk of False Signals: In volatile or non-trending markets, the RWI might generate signals that do not accurately reflect market conditions, leading to potential trading errors.

Dependence on Volatility Measures: Since the RWI relies on volatility measures, its accuracy can be affected in markets where volatility is not a reliable indicator of price movement.

Complex Market Conditions: Interpreting the RWI requires an understanding of broader market conditions, and it is often best used in conjunction with other technical analysis tools to confirm signals.

Conclusion

The Random Walk Index is a valuable tool for traders and analysts seeking to differentiate between trending and random price movements. By evaluating the strength and direction of trends, the RWI provides critical insights into market behavior, aiding in the development of trading strategies. However, like all technical indicators, it has its limitations and should be used as part of a comprehensive analysis approach. Understanding the nuances of the RWI allows traders to harness its full potential, making informed decisions in the dynamic world of financial markets.

#finance #investing stocks #stock trading #stock #stock market

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dollar-and-sense · 2 years ago

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Navigating the Stock Market: Tips for Successful Stock Investing

Investing in the stock market can be both exciting and intimidating. With its potential for substantial returns, it’s no wonder that many individuals are drawn to this dynamic and ever-changing field. However, achieving success in stock investing requires a solid understanding of market dynamics, a well-thought-out strategy, and disciplined decision-making. In this blog post, we will explore some…

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passiveincomemoney · 1 year ago

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Top 5 Investment Books for Beginners: Start Your Financial Journey with Confidence

Starting out in the world of investing can feel like stepping into a thrilling adventure, but it's totally normal to feel a bit overwhelmed, especially if you're new to it all. The financial landscape can seem huge and complicated, but don't worry! There are plenty of tools out there to help you navigate this journey more easily and grasp the ins and outs of investing. One of the most valuable resources you can tap into is books authored by experienced investors and financial gurus. We've rounded up five of the top investing books for beginners, each packed with wisdom and practical tips to guide you on your investment journey.

“The Only Investment Guide You'll Ever Need” by Andrew Tobias This book is a timeless resource that has been updated to reflect the current financial landscape. Tobias combines his wit with practical advice, making the complex world of investing accessible to beginners. His guide covers everything from saving to investing strategies, all while helping you avoid common financial pitfalls.

“The Little Book of Common Sense Investing” by John Bogle John Bogle, the founder of Vanguard Group, advocates for the power of low-cost index funds in this concise yet comprehensive guide. Bogle's philosophy centres on the idea that keeping investment costs low is key to maximizing returns. This book is a must-read for those looking to understand the fundamentals of index funds and their role in a long-term investment strategy.

“Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life” by William Green William Green provides a compelling narrative by profiling some of the world's most successful investors. Through these profiles, readers can glean insights into the traits that contribute to investment success, such as resilience and clarity of thought. This book is not only about financial wealth, but also about enriching one's life through wise investment practices.

“A Random Walk Down Wall Street” by Burton Malkiel Burton Malkiel's book is a staple for beginner investors, offering a deep dive into investment strategies and stock market behaviour. Malkiel challenges the idea that stock picking can outperform market averages and instead promotes a “random walk” approach, emphasizing the unpredictability of the markets and the benefits of a diversified portfolio.

“The Intelligent Investor” by Benjamin Graham Often referred to as the bible of investing, Benjamin Graham's work lays the foundation for 'value investing'—a method that involves picking undervalued stocks that show promise for long-term growth. Graham's principles have stood the test of time and continue to influence investors around the world, including the legendary Warren Buffett.

These books are more than just manuals; they are gateways to understanding the principles that have shaped the investment world. They offer a blend of historical context, practical advice, and philosophical insights that can empower any beginner to make informed and confident investment decisions. As you embark on your investment journey, let these books be your companions, guiding you towards financial literacy and success. Happy reading and investing!

#books #investing

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fernandoaguirreofficial · 1 year ago

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Unveiling Fernando Aguirre's 5 Concepts of Market Efficiency

In finance, understanding market efficiency is paramount for investors seeking to navigate the complexities of the financial markets. Renowned investor and Executive Vice Chairman at DHS Ventures, Fernando Aguirre, provides invaluable insights into this foundational concept by elucidating five key concepts defining market efficiency.

1. Efficient Market Hypothesis (EMH)

At the core of market efficiency lies the Efficient Market Hypothesis (EMH), which suggests that asset prices fully reflect all available information. According to EMH, it is impossible for investors to consistently outperform the market through active trading or by exploiting publicly available information. Fernando Aguirre emphasizes the implications of EMH for investors, highlighting the challenges of beating the market and the importance of adopting a passive investing approach, such as index investing or investing in exchange-traded funds (ETFs).

2. Random Walk Theory

Fernando Aguirre introduces the Random Walk Theory, which posits that stock price movements are unpredictable and follow a random pattern. This theory suggests that future price movements cannot be reliably forecasted based on past price movements. Aguirre underscores the significance of this concept in debunking the notion of market timing and the fallacy of attempting to predict short-term fluctuations in stock prices. Instead, he advocates for a long-term investment approach based on fundamental analysis and diversification.

3. Adaptive Market Hypothesis

Aguirre delves into the Adaptive Market Hypothesis (AMH), a concept that acknowledges the role of human behavior and psychology in shaping market dynamics. Unlike the EMH, which assumes rational behavior among market participants, the AMH recognizes that investors are subject to biases, emotions, and cognitive limitations that influence their decision-making processes. Fernando Aguirre emphasizes the importance of understanding investor behavior and its impact on market efficiency, highlighting opportunities for astute investors to exploit mispricings caused by irrational market behavior.

4. Behavioral Finance

Fernando Aguirre explores the field of Behavioral Finance, which integrates insights from psychology into traditional financial theory. Behavioral Finance seeks to understand how cognitive biases and emotions affect investor decision-making and market outcomes. Fernando Aguirre discusses various behavioral biases, such as overconfidence, loss aversion, and herding behavior, and their implications for market efficiency. By recognizing and mitigating these biases, investors can make more rational and informed investment decisions, thereby enhancing their overall portfolio performance.

5. Informational Efficiency

Finally, Fernando Aguirre addresses the concept of Informational Efficiency, which refers to the speed and accuracy with which new information is reflected in asset prices. In an informationally efficient market, prices adjust rapidly to incorporate new information, leaving little opportunity for investors to profit from trading on public information alone. Aguirre underscores the challenges of achieving informational efficiency and the importance of conducting thorough research and analysis to identify undervalued or mispriced assets.

Conclusion

In conclusion, Fernando Aguirre's elucidation of these five concepts provides investors with a comprehensive framework for understanding market efficiency and its implications for investment strategies. By embracing these concepts and adopting a disciplined and rational approach to investing, investors can navigate the financial markets with confidence and position themselves for long-term success.

#fernando aguirre dhs #ventures #financialadvice #investing #private equity investor #finance

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financialprofessional · 1 year ago

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Top Stock Market Books to Read in 2024: A Guide for Investors

In the ever-evolving world of stock market investing, staying informed and continually enhancing one's knowledge is paramount. Whether you're a seasoned investor or just starting, the right books can provide valuable insights and strategies. Here's a curated list of top stock market books to consider reading in 2024:

1. "The Intelligent Investor" by Benjamin Graham:

Why Read: Considered the bible of value investing, this book by Benjamin Graham lays the foundation for intelligent and disciplined investing.

Key Concepts:

Margin of Safety: Graham emphasizes the importance of a margin of safety, advocating for buying stocks when they are priced below their intrinsic value to protect against downside risk.

Mr. Market Analogy: Graham introduces the concept of Mr. Market, an imaginary partner who offers to buy or sell stocks daily. Investors should not be swayed by Mr. Market's emotional fluctuations but instead take advantage of his occasional irrationality.

Defensive Investing: The book encourages defensive investing, focusing on minimizing losses and preserving capital rather than attempting to maximize gains.

2. "A Random Walk Down Wall Street" by Burton G. Malkiel:

Why Read: Burton Malkiel's book provides a comprehensive guide to various investment strategies and explores the concept of efficient markets.

Key Concepts:

Efficient Market Hypothesis (EMH): Malkiel discusses EMH, which posits that stock prices reflect all available information, making it difficult for investors to consistently outperform the market through stock picking or market timing.

Random Walk: The author introduces the idea of a random walk, suggesting that stock price movements are unpredictable, akin to the randomness of a walk. This challenges the notion of consistently beating the market through stock selection.

Investment Strategies: Malkiel covers various investment strategies, including passive investing, index funds, and the importance of asset allocation for individual investors.

3. "Common Stocks and Uncommon Profits" by Philip Fisher:

Why Read: Philip Fisher's book focuses on qualitative aspects of investing, offering insights into identifying high-quality companies with long-term growth potential.

Key Concepts:

Scuttlebutt Method: Fisher introduces the scuttlebutt method, emphasizing the importance of conducting thorough research by gathering information from various sources, including customers, competitors, and suppliers.

15 Points to Look For: The book outlines 15 points to consider when evaluating a company, covering aspects such as management quality, competitive advantages, research and development efforts, and the company's relationship with labor.

Long-Term Perspective: Fisher advocates for a long-term investment horizon, aligning with companies that have strong growth prospects and sound business fundamentals.

4. "Market Wizards" by Jack D. Schwager:

Why Read: Jack Schwager interviews successful traders in this book, extracting valuable lessons and strategies from a diverse group of market participants.

Key Concepts:

Diverse Perspectives: "Market Wizards" provides insights from a variety of traders with different approaches, showcasing that successful trading can take various forms.

Risk Management: Many of the traders highlighted in the book stress the importance of effective risk management, emphasizing the need to preserve capital and avoid significant losses.

Psychology of Trading: The interviews delve into the psychological aspects of trading, exploring the mindset and discipline required for success in the dynamic and often emotional world of financial markets.

5. "One Up On Wall Street" by Peter Lynch:

Why Read: Peter Lynch, one of the most successful fund managers, shares his investment philosophy and practical insights for individual investors.

Key Concepts:

Invest in What You Know: Lynch advocates for investing in companies whose products or services you understand and use regularly. Individual investors can gain an edge by leveraging their everyday knowledge.

Long-Term Approach: The book encourages a long-term investment approach, emphasizing the benefits of patience and allowing investments to compound over time.

Categorizing Stocks: Lynch categorizes stocks into different types, such as slow growers, stalwarts, and fast growers, providing a framework for investors to assess and manage their portfolios.

These five books offer a diverse range of perspectives, covering fundamental principles, efficient market concepts, qualitative investing, trading strategies, and practical advice from a successful fund manager. Reading these books can provide investors with a well-rounded understanding of the stock market and valuable insights to enhance their investment strategies.

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n-blanca-archived · 4 years ago

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↳ CLASS 1-A HC’S TO MAKE YOU SMILE (hopefully)

A/N: i’ve been on class-1a brainrot (yes, all of them. collectively) for SO LONG and honestly? I love it here. romance is all good and dandy but FRIENDSHIP? good shit.

on that note, these pairings are all platonic! just little things i like about their dynamics or things i think they’d do when they hang out :) feel free to see them as romantic though, not like i can stop you :P

p.s sorry for dipping??? for like months???

genre: fluff

warnings: minor situational angst

→ Denki & Izuku

❑ These two boys are the other’s hype-man, totally. Kaminari absolutely does not mind sitting through Izuku’s ravings about the fluctuating hero rankings, or even just the times where Izuku mutters on and on.

❑ Kaminari’s been ignored enough times to know that it doesn’t feel good at all to want to talk to someone and for them to sheepishly tell you they’d long since stopped listening. Izuku does the same for Denki, no question. Sometimes Denki starts talking, and he doesn’t really...stop.

❑ But Izuku finds it’s nice to hang out with the boy, and he doesn’t mind not contributing to the conversation when Denki looks so elated to see someone listening for once.

❑ While I will forever be the number one advocate for Bakugou tutoring Denki and finding different studying strategies that work for Denki instead of giving up on him, I think Izuku’s just as likely to do that for kami!

❑ It’s a frustrating first session, but once Izuku’s brian suggests that Kami might just need another method of studying, he takes that idea and runs with it.

❑ The next week, kami goes to Izuku’s room a little afraid of the freckled boy rejecting him- but to his surprise, Izuku presents him with all types of new study methods, including colored index cards and a home-made sentence reader that covered the entire page except for one line at a time.

❑ (yes, he did tear up for a second.)

❑ They end up going through that week's chapter in half the time it usually took Denki to get a subject, and they got to play video games afterward!

→ Ochako & Katsuki

❑ While I don't think the boys in 1-A look down on the girls in the sense of "but they're girls so they are weaker :(" all that much- Katsuki was the first and only one really to make that clear. He didn't see her as something or someone to pity. She was an opponent and a damn capable one at that.

❑ So, yes. Maybe Ochako and Katsuki aren't exactly best friends who'd die for each other. But they’ve proven to each other that if there's someone who'll bring their all to a fight no matter the circumstance, it's each other.

❑ Ochako’s weariness when it came to Katsuki was short lived. It was kind of hard to be so...afraid of someone who treated you better than others seemed to coddle her when she told them she was a hero-in-training.

❑ It starts small, too. At first it was just teaming up occasionally during class for spars. Then it was going to the gym after school with Katsuki and Eijirou.

❑ Tiny little hang-outs like that then turn into joining the blonde on his morning runs every once in a while, and eventually Ochako found herself seeking out Bakugou every weekend, and the blonde seemed to be on the same mind-track, too. Every Sunday, when Ochako pulled open the front door, she spotted Katsuki, stretching out in the front lawn, waiting for her.

❑ (and if they occasionally have breakfast together after their bi-weekly sunday training sessions, then that's their business.)

→ Shouto & Eijirou

❑ them hanging out wasn't really ever. Expected. Like, at all.

❑ but kirishima's shown that he has a knack for weird, almost hostile awkward boys with low friend counts

❑ so shouto fits right in

❑ really it starts when Kirishima finds Shouto in the common room, staring into space. Usually he'd leave him be, but it was weird to see the boy without his group of friends joining him

❑ in an effort to get to know shouto better, kiri offers to play a few rounds of super smash bros,,, and shouto just. blinks. at him. And kiri blinked back for a second before he realizes shouto didn't know what super smash bros was

❑ and of course, to kiri, that's absolute blasphemy

❑ so kiri abandons his trip to the kitchen in favor of sitting next to shouto on the couch, and teaching him how to play as many video games as they could fit in one night

❑ (the first time kiri sees shouto laugh, he can't help the way his face splits into a grin. Todoroki, while not mean, was someone who came off as cold most of the time, so to see him so relaxed made Eijirou feel warm.)

❑ somehow it becomes a regular thing-- shouto would come downstairs, and eventually Kirishima would show up. Sometimes they were both alone, sometimes they were surrounded by their friend groups. But every time without fail, Kirishima would take his place next to shouto, hand him the blue controller that he favored, and turned on the TV to select the first game they'd be playing

❑ (watching Shouto start to gain some of Kirishima's vernacular was also an interesting - read:hilarious - experience)

→ Mina & Yuga

❑break dancing buddies

❑ like. I'm not kidding these two have moves.

❑ well. Mina does, at least. Aoyama gets it pretty quickly but it took him a second to familiarize himself with how your body moves when your break dancing.

❑ aoyama's danced ballet most of his life, so dancing wasn't new to him

❑ but this particular type of dancing was new to him- so of course he reached out to mina after the UA festival

❑ mina, ever the angel, agreed!!!!! Dancing buddies!!!

❑ Mina's also loved dance for a good amount of time

❑ it started in middle school, and just carried into highschool. The idea of being to express yourself with your /body/ was exciting, plus you looked really cool while doing it too!

❑ so when she gets asked by Aoyama to teach him how to breakdance she's nervous, but completely giddy to be able to be someone else's intro to a hobby that was a big part of her life

❑ it's not an uncommon sight to see mina and Aoyama, in their workout clothes, working through moves Step by step with Mina's phone blasting some random song that was beat heavy

❑ (Aoyama would be an interesting extra add on to the bakusquad. Am I wrong? No 🚗)

→ Hanta & Tsuyu

❑ Sero never really interacted with tsuyu, not to say he didn't like her! she just wasn't in his social circle

❑ so to say he felt awkward when he found her in the corner of the library during free period- curled up and sniveling away - was an understatement

❑ still, he put down the fourth issue of a manga he was /really/ looking forward to catching up on, and sat next to her until she calmed down enough to tell him what's wrong

❑ turns out, winter always sucked and made her tired, which made her sad. Added on to the already existing amphibian instincts in her that hated loud noises or too many people, it could get really overwhelming for her

❑ Sero offered to let her into his room whever she wanted to hang out in the quiet, if she felt embarrassed to do so with her closer friends

❑ she seemed surprised, but quickly agreed.

❑ Sero wouldn't tell her, but he often felt the same in a sense. The only two people in his friend group who could be relatively quiet in more personal settings were Bakugou, ironically, and Kirishima. So he often found himself leaving group hang-outs just a little early, to destress in his quiet room.

❑ tsuyu hadn't expected him to stay with her, and especially not offer his room to her whenever she needed to get away. Still, she agreed, knowing she'd probably never take him up on his offer

❑ she was proven wrong three days later, when Ochako squealed about...something.

❑ tsuyu couldn't say for sure what the floaty girl was yelling about. Normally she was attentive, really! But her head was throbbing and she was on the verge of falling asleep then and there when Ochako burst into a loud yell of excitement, startling the frog-like girl

❑ so tsuyu gathered her stuff as quickly as her sluggish body allowed, rushed out a quick goodbye to her baffled friends and made her way to the dorms

❑ the elevator was a struggle, with the humming of the machinery almost lulling her to sleep. She made it out successfully, though due to her drowsiness and increasingly blurring vision, she realized just a little too late that she had wandered down the wrong hallway

❑ sero's name plate made her stutter in her tracks, but after a moment of deliberation that left her swaying on her feet, she knocked as strongly as she could on the thin door, hoping the lanky boy was in his room

❑ thankfully, he was, and he only offered her a small smile before ushering her into the room and guiding her to his bed. Tsuyu thinks she croaked out a tiny "thanks", but she couldn't really be sure

❑ she slept better in those 39 minutes than she had in weeks

❑ after that, tsuyu somehow got into the habit of wandering down the opposite hallway once she left the elevator, and most of the time Sero would open his door when she knocked, only giving her a smile before letting her wander to his bed or, more commonly, the pile of blankets and bean bags he had in a corner of his room.

❑ (she wouldn't admit it, and neither would he, but the times where they walked back to his dorm together once their free period began were their favorites. and the days where tsuyu wasn't so sleepy and they talked for the hour they had weren't so bad, either)

okokok i’m cutting it here since that last section was super long! who knew i had so much to say about hanta and tsuyu ,,,,

anyway! this was super fun, so i’ll definitely be doing stuff like this more in the future. if you have two characters you’d particularly like to see, don’t be afraid to jump into my ask box!

#class 1a #class 1a headcanons #blanca.txt #bnha #mha #my hero academia #boku no hero academia #denki kaminari #izuku midoriya #uraraka ochako #bakugou katsuki #shouto todoroki #kirishima eijirou #mina ashido #yuga aoyama #hanta sero #tsuyu asui

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diyunho · 5 years ago

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The Joker x Reader - “Ashes”

After The Joker’s daughter accidentally drowned, his relationship with Y/N fell apart: they were guilty of failing to protect what they loved, blaming each other and themselves to the point of no return. The sole palpable proof of Emma existence is her ashes encapsulated in glass pendants her parents wear and that’s hardly a memento able to help in such a difficult situation. Ashes are not meant to bring people together.

“Happy Birthday, Pumpkin Pie,” The Joker grumbles. “Here’s Charlie: I thought you would like to see him,” he places the purple hippo on Emma’s headstone.

Today his daughter would have been 4 years old. Instead of the usual party filled with laughter and presents he’s at “Eternal Peace” cemetery early in the morning for a different kind of festivity.

J never celebrated birthdays before yet once she showed up in his life the anniversary got a fresh new meaning: Y/N ensured that The King of Gotham was aware of how lucky they both were to have her. And he did learn to care about that tiny being he created who first called him something similar to “dada”, then a cute “da’y” and finally the word he craved to hear every single day until she was gone: “daddy.”

Being a father thought him a couple of things, but the most important was quite stunning: the index finger from his right hand wasn’t only meant for using a trigger; it was also his child’s soother.

Emma would keep it prisoner when she slept from an early age; of course all babies do it although in this case it didn’t go away once she got older.

And he misses that…

A lot.

Actually, he would give up on a robbery or anything that involves him holding a gun if she could clutch to his finger one more time.

That’s how much he misses The Princess.

“Sir, sorry to interrupt,” Frost gets him out of trance. “There’s movement at the South gate. We have to go…”

J snatches the plush animal and follows Jonny on a path behind the crypts when a woman walking on the alley leading to Emma’s grave catches his attention: although she has a red wig and sunglasses on, her disguise doesn’t fool him. It’s Y/N.

She’s carrying a small cake and intensely stares at the pavement, unaware of her surroundings.

The Joker can’t really tell what she’s doing once in front of the tomb, nevertheless he guesses she’s singing “Happy Birthday” while wiping the tears strolling down her cheeks.

He didn’t see Y/N in about 4 months. They went to the cabin by Moon Lake after Emma’s drowning and things were so rough he left immediately. She never followed, called or texted.

J didn’t either.

Why bother? They were guilty of failing to protect what they loved, blaming each other and themselves to the point of no return.

Today is extremely difficult to deal with, especially since the catalyst binding them vanished forever.

The sole palpable proof of Emma existence is her ashes encapsulated in glass pendants her parents wear and that’s hardly a memento able to help in such a difficult situation.

Ashes are not meant to bring people together.

***************

After 2 Hours

“Hi,” The King of Gotham drags his feet on the porch and takes a sit on the chair next to yours.

“Hi…” you whisper, surprised to spot him after such a long absence.

Complete silence, then he utters:

“I’m here for the cake,” he points at the sweet treat resting on the wood table: vanilla- strawberry combo, your daughter’s favorite.

“Are you?”

“Yeah, I crave the taste…”

You lean over and cut two slices, sharing Emma’s birthday cake with her dad. It’s really painful to swallow the morsels knowing your baby can’t; it seems J is in the same boat.

“I can’t make anybody happy…” The Clown mumbles under his breath and the randomness of his statement makes you wonder what’s going on in his mind.

“Me neither… Sweet Pea was happy, wasn’t she? She was a happy kid…”

The Joker moves his plate towards you, hissing:

“She was and she would still be with us if instead of flirting you would have watched her!”

“… … W- what?!...” you glare at him, astonished he has the nerve to pop up and hurt you in such a manner. “Since when talking to somebody is flirting?! Where were you, huh? Where were you??? In your goddamn office plotting more schemes in order to get more money because nothing is enough!” you raise your voice and burst out crying in the next second. “She was ours to protect, the only treasure that mattered! I just… I just took my eyes off her for a few moments, I had no idea my baby was drowning in that pool …” you keep sobbing at the horrible memory, heartbroken. “I could have save her…Why didn’t I…?…”

The Joker can’t understand what you’re saying anymore, yet he doesn’t reply to your accusations or remorseful confessions.

How could he?

He’s equally responsible for Emma’s demise but it’s easier to attack her mother.

You abruptly get up and rush inside the cottage, abandoning J to his own demons. He doesn’t know if he should bail or stay, thus he continues to gaze at the lake numb to everything.

Still… The quietness is becoming unbearable so he finally gathers the strength to stand up and search for you.

“Y/N?...” he shouts. “Where are you?”

Silly question since the cabin is a little area with a kitchen/living room combo, one bedroom and bathroom: easy to find what you’re looking for.

No response but the shower is on which queues him Y/N must be there.

The Joker approaches the bathtub, unwilling to remove the curtain and talk to you face to face.

“It was my fault too…” he admits a fact that tormented him since the accident. “I should have kept an eye on her… I couldn’t predict she’ll sneak out to play by the swimming pool… I would give away a fortune if I could fix it… Do you believe me?...”

You sniffle and cover your mouth, trying to avoid his trap: if you engage, he will probably bite more and that’s the last thing you need.

“I have Charlie in the car; I thought you might want him tonight,” J reveals the true purpose of his visit. “Drop him off tomorrow at 3pm, I’ll be at the warehouse on 17Th Street. You can’t have the toy, it belongs in her room…”

You hear his steps receding and gasp for air, completely crushed by despair: the agony of grief is stronger than any consolation a stupid purple hippo could offer.

But it was Emma’s favorite and The Joker is willing to share a token of what you both lost; now that you think about it… you really missed Charlie…

**************

Next Day, 2:05pm

“Where’s everybody?” you mutter whilst entering the code at the gates. Usually there are at least 8 henchmen guarding the fence and no sign of them so far. You drive up the unpaved alley, curiously checking out the landscape: same trees, bushes and trucks you’re familiar with, except you can’t discern a single goon patrolling the perimeter.

You honk to get the crew’s assistance without any success and you wonder if The Joker tricked you; I mean, you should have seen it coming: he is probably attempting one of his convoluted strategies to punish you for the tragic past.

You stop in front of the building, intrigued to notice it appears deserted.

Suddenly, a powerful blast shakes the ground and you watch part of the roof collapsing on the north side; a few windows shatter also.

You jump out of the car, totally confused at the strange occurrence.

“Hello?” you yell. “J???”

There’s smoke coming out of the opened metal door and you hesitantly walk in the warehouse, coughing at the suffocating odor.

“J?...” you scream. “J!!!!!”

A faint knock in the distance prompts your attention.

“Y/N!!”

“J??” you run towards the source of the noise only to find him under rubble next to the south entrance. “Oh my God!” you kneel by his feet buried under bricks. “What happened?!” The Queen frantically removes debris as he groans in pain.

“Explosives, that’s what happened. Shit, I think I fucked up my legs!”

“Where are the guys??!!” you inquire, managing to free his feet enough for him to move.

“I gave them the day off,” The Joker’s explanation puzzles Y/N. “Hurry up, please!! Another detonation will follow shortly!”

“Jesus Christ!” you quicken the pace and push the last bricks out of the way. “Can you stand?”

J rolls on his side, unable to comply.

“No, you’ll have to haul me out of here!”

“Come on!” you place your hands under his underarms and start pulling. “The exit is right there!”

You huff while straining to get to safety as The Clown aims to aid by lifting his body off the ground as much as he can.

“Behind the truck!” he urges once you’re out of the premises and you barely have time to hide behind the vehicle when a second bang levels half of the construction.

“This didn’t go according to plan,” J admits in a low tone, panting a storm after the ordeal.

You asses his wounds, pressing on the ankle and he immediately growls.

“The bone’s fractured,” you wipe your sweaty forehead. “What plan?”

“It’s actually your fault for all of this; I told you to swing by at 3 o’clock. You’re early!”

“Huh?”

“You were supposed to come when I told you then boom! Before you reached the building it would go up in flames: you would flip thinking that I’m dead and then I’ll show up and ask you to come back home. You would be so excited to see I’m alive you couldn’t refuse. Yet you ruined everything: you appeared out of nowhere, I panicked and messed up: you know I’m not good with this stuff!!”

You can’t even process the plot he’s throwing your way.

“What kind of plan…”

“I just told you I’m not good at this stuff,” he interrupts. “You know I’m not.”

You touch your chest, baffled at the ridiculous story.

“My pendant!” you exclaim when you realize the chain is not around your neck anymore. “It’s gone!” Y/N desperately searches the grass. “My baby, where’s my baby?” you part the green lawn on the verge of crying. “I can’t find my pendant! Maybe I dropped it the building,” you whimper and prepare to flee when J grabs your jeans, firmly holding on.

“Don’t go; the poles might cave in and whatever is left standing will squash you!!”

You don’t comprehend why he’s so worked up and his plea catches you off guard:

“Don’t go! I’ll give you half my ashes, ok?”

The Queen debates on The King’s proposal, conflicted by his candid offer.

After all, if ashes tear people apart, how come they can’t bring them back together?