Recompound is the Most BORING Tech Solution to Help Your Investments

It's true

Honesty is the best policy. If we are really being honest, here it is. We are really boring. Maybe to some people when they hear phrases such as pay when profitable or invest with the experts, their hearts will beat fast and they will be thinking:

This is it fellas, we are going to the moon! 🌙 🚀 🧑‍🚀

We are sorry to break it to you, but no. We are not going to the moon, or at least not anytime soon. And certainly we cannot guarantee that we are going to the moon. There is no free lunch in the stock market.

Let’s elucidate a couple of points to put forth the argument that we are boring.

1. Returns on the Slower Side

Lets take a look at a Bitcoin chart (not recommending to buy or sell or hold).

If you are invested in early January 2023 or end December 2022, you will be a clean up ~62.5%. Not bad.

Lets do even better, lets take a look at $PEPE (also obviously not recommending to buy or sell or hold).

If you are invested in the new hype train called $PEPE since inception, you are up a handsome ~625% in less than a month (10x that bitcoin gains!). There is though a risk of buying at the top and experiencing a 73% loss, but we are all wizards that can time the market aren’t we?

Let’s say if you are the first Recompound client that started in Aug 2022. Here’s your investment performance as of May 2023.

Only about 22.5% that is quite consistent, how boring. Indeed, you won’t get rich quick with Recompound and most probably you will not see crazy gains and see your investment returns go to the moon. Above all, we never guarantee returns. That is how boring we are.

2. At a Glance, Our Tech is Not Really Innovative

As of May 2023, we do not have a fancy mobile application that is available at Play Store or App Store for you to download. We happen to be using a communications app none other than WhatsApp..

We create a WhatsApp group for each of our customer and we deliver our services through that group. It happens that we have close to 100% engagement rate and the cost to get people to download WhatsApp is 0. But that’s because everybody uses WhatsApp, not because we have made a killer app or anything.

That’s right, if you are a VC or a potential customer that comes to Recompound and expecting some shiny “technological innovation” that would magically fix people’s investments, we are almost certainly going to disappoint.

We do incorporate the latest and greatest linguistic model, modern cloud based architecture and automation tools at the backend, but it’s only not boring to the nerds out there. To all of you non-technical people, all you see is the same old boring WhatsApp group.

Probably because we are too focused on serving our customers in the most effective and convenient way possible.

3. Our Investing Style is Really Boring

We buy and hold. For a lot of our clients, they can hold a couple of stocks for months since they join. Rebalancing their portfolio happens once a month on average.

We don’t have a price target. We just keep holding until:

1. The uptrend finishes and we never know when.

2. There is a better investment opportunity out there.

3. Fundamental of the company has changed for the worse (much worse).

So all of those who’s looking to trade daily or even intraday with us are immediately going to be disappointed.

People: It’s already up 20% let’s take profits!!
Recompound: No. Not yet. Sorry.

It is true that when people trade less frequently (buy and hold) they would pay less transaction fees, but we definitely want to trade more and pay more because it is more exciting don’t we?

4. We Cannot Predict Short Term Price Movements

Wait what? I thought you guys are experts!

Well, you can predict price movements but they will never be 100% accurate unless you have an insider information. Unfortunately, we don’t deal with insider information a whole bunch because of reasons explained in a previously written article on how to pump a stock.

So no, just like you and I, we cannot predict short term price movements with 100% certainty. So not cool and very boring isn’t it?

5. We Only Do Stocks Listed in Indonesian Stock Exchange

You have got to be joking! You only do Indonesian stocks? Not even the US stocks or even better, cryptocurrencies??

Yes unfortunately (or not unfortunately), we have a specific area of focus which is the Indonesian stocks. That’s our niche. We believe in Indonesian economy as a force to be reckoned with in the foreseeable future. Which means that the stock market has a lot of potential upside.

Besides as of now, we don’t know much about the US economy other than the things that are reported in a standard manner by mainstream media outlets. We are up against very sophisticated investors out there and we don’t like our chances. Let alone cryptocurrencies.

So we pick our battle and knowing Indonesia really well (being Indonesians), we think that it is the right decision to focus on the Indonesian stocks. Yes, even at the consequence of being perceived as boring.

Conclusion

Why are you bashing yourself like this? Is it even necessary?

As mentioned in the very first sentence. Honesty is the best policy. Any product no matter how valuable it can be, will always has its drawbacks including ours. We think to most prospects, our most glaring drawback is that we are a boring solution with slower returns, no fancy UIs, and only one investment instrument.

Our main strength, however, is in the strong incentive alignment that we covered in the previous article. So hopefully when you want to or do join us, you are fully cognisant of our strength and weaknesses.