Mastering the Stock Market Like an Outlaw Rogue
The stock market is a complex ecosystem, with investors and traders constantly making and losing money., we'll go over the basics of how the market works so that you can get started investing in it confidently.
Nerd Stock Talk is delighted to present to you this fun and informative series entitled, From Azeroth to Wall Street: Mastering the Stock Market Like the Class of Your Choice.
We will compare how well a class performs in DPS and parallel it to how strong a portfolio is and its investment risk. Low risk, low DPS. High Risk, High DPS. High DPS without mitigation and utility can also get you killed. All high-risk investments without education and balancing can get you broke.
Outlaw rogues are the melee DPS and utility users of the Rogue class. Their arsenal has a lot of damage, thanks to their trademark combo points system allowing them to build up several attacks simultaneously. This hands-on approach to combat can benefit group play, allowing you and your party members to take down enemies faster than they can react.
How can you invest like an Outlaw Rogue?
The strengths of Outlaw Rogues include
Great AOE
Strong Utility
Melee DPS
Great AoE
In World of Warcraft, AoE can describe the area of effect abilities. Area of effect is a term used in video games to describe attacks or abilities that affect a large area. The number of targets an ability can affect is called its radius, and the distance between each target and the point where they are all affected is called spread. You can also see some spells have their unique way of affecting mobs.
Outlaw Rogues have the amazing Blade Flurry AOE skill.
With AoE, you can spread out your damage, mitigating any risk of pulling threat from the enemy in a raid or dungeon.
This is the investment equivalent of putting money in balanced Mutual funds.
Diversification is another excellent benefit of mutual funds. When you invest in a single stock, you're taking on all the risk associated with that company. If something happens to the company—a scandal, market shifts, or competition from new technology—it could negatively impact your investment and leave you out of luck.
But this risk is significantly reduced when you diversify your portfolio by investing in various assets and sectors.
Mutual funds are composed of different types of securities (stocks, bonds, and cash) that can be broadly classified into three categories:
Equity Funds (stocks): These seek capital appreciation through investments in stocks listed on major exchanges such as NYSE or NASDAQ;
Debt Funds (bonds): These aim at providing periodic returns over specified periods through investments in debt instruments issued by corporations and governments;
Money Market Funds: These provide income through short-term investments in high-quality debt and money market securities like treasury bills while maintaining liquidity
These are not overly aggressive and safe in the long run, much like the survivability of an Outlaw Rogue.
Strong Utility
Outlaw Rogues have great utility and mobility, and much of this is through their stealth abilities, including smoke bombs and vanish.
Stealth is a powerful tool that allows you to sneak up on enemies from behind and ambush them, avoid being attacked by enemies, or hide from them. It also helps you move unnoticed in combat if you need to escape harm’s way.
Outlaw Rogues have crowd-control abilities that let them stun or slow their opponents. You can use these skills to keep your enemies at bay while waiting for help to arrive or provide yourself with breathing room when things get tough.
The investment equivalent of playing an Outlaw Rogue with good utility skills would be actively managing a portfolio instead of passively managing a portfolio.
When you invest in the stock market, you aim to buy low and sell high. In other words, you want to buy undervalued stocks and sell them when they are no longer undervalued.
As an active investor, you need to constantly monitor the market for changes in value and actively try to purchase those companies that have experienced a drop in price or change in valuation relative to their peers. This requires research into company fundamentals such as revenue growth rates, earnings per share (EPS) growth rates, debt-to-equity ratios, and return on equity (ROE)
Melee DPS
Like all other rogues, the Assassination Rogue is also a melee DPS. Being a Melee DPS puts you right up close to the action. Melee DPS is most effective when positioned behind the boss or an add, to avoid dodging attacks. However, they can still do significant damage from this position if they stay out of other players' range. Also, if you're behind a target and another player hits it with an attack from their melee weapon, you will avoid damage by being out of reach.
Because melee is right next to the action, this is the investment equivalent of self-directed investing.
The pros of self-investing are:
You control the fund and money; you decide which investments to make.
You can invest in things that you are passionate about.
You can invest in companies you want to support.
You can invest in something that you know a lot about.
Much like up close DPS and standing in the enemy’s hitbox, The Cons of Self investing mean you take on all the risk - If something goes wrong with an investment, it's all on you. There's no one else to blame if things go south.
Conclusion
The Outlaw is an excellent DPS class with some utility in the form of defensive cooldowns and crowd-control abilities.
How do you invest like an Outlaw Rogue? Outlaw Rogues are high utility melee DPS and have strong AoE damage with their Blade Flurry. This means you would actively invest on your own in the relative safety of Mutual Funds. Much like melee, finding good ones would entail doing homework to avoid getting one shotted or caught standing in fire.