What are a few mutual funds or ETFs you guys like?
What you think of $SCHD?
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What are a few mutual funds or ETFs you guys like?
What you think of $SCHD?
Quite absurd. Yeah, a lot of people are making money today on vapor, but a ton of people who got in the 50+ range got absolutely crushed. I just can't bring myself to buy stocks like this. I've been stuck on a trash stock before, it's not a fun experience, it's on your mind constantly. Thankfully a pump and dump came along and I was able to get out relatively even. I just stay away from stocks with no earnings, and really as I have aged I really look for earnings. You don't make as much but you sleep well at night.
$QQQ good place to park 100k?
I mean if you trying to be aggressive but not so aggressive you would lose (or gain) 75% of the investment over someone sending a tweet its about as good as it gets.
You don't strike me as a bond/CD type of guy. If you dont want the risk or if you dint have the time to follow a single stock the Qs is about as good as it gets.
Could always split it half Qs half SPY if you want slightly less vol.
a great breakdown of what happened/ is happening....
https://x.com/cancelcloco/status/179...EENLDqSWyJ3hng
an acquaintance made a tremendous observation about meme stocks yesterday; they trade like options. expecting them to act like stocks eg 'im sure it will sell off' isnt as profitable as saying 'ok how many synthetic securities are generating kinetic energy here and what would it really take to unwind all those positions and whats likely to happen on the way'.
with roaring kitty crowdsourcing a squeeze we could see 120+ in short order.
kitty up 'multiple 9 figure sums' off this squeeze apparently.
not me up 63% on my put
london open just shoved me in a locker.
Guess i should be happy i sold gme when i did
:notstonks