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Don Petty Cash Profile picture
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30 Dec 21, 6 tweets, 1 min read
this is actually incredible ImageImage
if you don’t have tweet notifications set for meek mill, dj sbu & mia khalifa do you really love your crypto portfolio?
I hold a ton of crypto, options, stocks & high risk investments but absolutely nothing causes me to wake up in a cold sweat like a dj sbu tweet
again, how does he do it?
feel free to post your favourite crypto resources/ YouTube channels/ guides below 👇🏽💪🏽❤️
hard truth: you’re losing money on crypto because you refuse to protect your MEAT

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More from @iamkoshiek

Don Petty Cash Profile picture
31 Dec 21
Here are 20 of my best threads from 2021 covering the best money hacks, stock market strategies, finance explainers & blueprints to becoming richer [Thread]
1. personal finance - here's the house buying thread which continues to save countless people hundreds of thousands on their dream home
2. personal finance - to rent or to buy? a question most of us are faced with at some point, this thread breaks down the pros/ cons & opportunity cost of each decision
Read 25 tweets
Don Petty Cash Profile picture
12 Nov 21
the dirty business behind financing clean energy [thread]
global coal capacity is responsible for 40% of electricity generation globally driven heavily by India, China, Indonesia & Vietnam

in SA, 87% of our electricity comes from coal*

*this excludes coal used for hookah & braais
SA just locked in $8.5bn* in funding to transition away from coal from the US, EU & UK. Whenever developed nations are cheering on for Africa, it's worth pausing

*This buys you roughly 2x bottles of Armand de Brignac at KONKA or a double popcorn combo at Ster Kinekor
Read 24 tweets
Don Petty Cash Profile picture
11 Nov 21
this guy failed financial crime 101
financial crime 101, the basics

- don't use the company laptop
- don't buy stock under you & your wife's name!!
- don't close out trades the morning of the deal announcement
- don't leave a search history Googling other insider trading cases
- avoid insider trading completely
why do guys keep doing this? here's another case from a few years ago
Read 4 tweets
Don Petty Cash Profile picture
10 Nov 21
US inflation is up 6.2% year on year - highest increase in 31 years. Now we wait for the impact on asset prices...
If you felt it was a great idea to buy a house for the sole reason interest rates are at all time lows... it's about to get exciting
this is the one chart to keep you up at night (along with those Russian baddies),it's not wage growth inflation, it's higher prices driving the surge

That's a bad place to be, because eventually you need higher wages to maintain purchasing power & it spirals into a complete mess Image
Read 5 tweets
Don Petty Cash Profile picture
29 Oct 21
Keen to YOLO on a meme coin & buy a lambo? Looking for the next Shiba? Here's a quick guide [Thread]
1. Winners get to the party early & leave early

By the time you hear about the pump, it's too late. When it's run 10,000% up sure you might squeeze a bit of juice, but you will probably end up holding the bag

Mia Khalifa or Meek Mill tweeting about it? It's over. Don't touch it
2. Make sure you can actually exit

There's no point having 7 figures locked & loaded but you can't get out because

a) transaction (gas) fees will ruin you
b) there's just no liquidity in that unheard of meme coin
Read 11 tweets
Don Petty Cash Profile picture
28 Oct 21
When you're trading/ investing few things matter as much as size (size matters!)

100 bucks at a 80% return = 80 bucks
1000 bucks at a 10% return = 100 bucks

With a smaller account you find folks take on disproportionate risk instead of preserving capital - it usually ends badly
I bring this thread back at least once a month
Blackrock has $9.496 trillion in assets under management

Tag a % fee on that quantum & you can quickly see how size matters (& we aren't even counting the juice from front running Fed purchases)
Read 14 tweets

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