Wall Street Bets - Page 3

Hold the line

Nice gain. Please advice us on the new waveeee... i'll buy when you do! lol

Also I am holding 2 stocks for GME purchased at $108. Should I sell?

LOL That's nothing! A coworker had $2M at peak of GME ($480) but dude is still holding afaik. Crazy.

I am not buying anymore, just need AMC to go up again. I was betting it would go beyond $17 today (it stopped rallying around $17 in the early trading hour), but the force was weak and I think WS is trying to crack down the price. Let's see....

My position is to grab dips of some big stocks like APPL, AMD, MSFT. They will go up. Tesla is probably a good buy too.

:/ Don't mean to be an ass, but 2 shares ain't a lot. I personally do not believe we can crack beyond $500. I think the most you will see now is floating around $250 - $350. Sell it whenever it's right for you. If you owned like dozens, that's a different story...

Sell those two shares at some good price like above $300 (I hope it will go to $480 again!!! but highly doubtful).... and use that money to buy other stocks. Don't do meme stocks right now. The whole market is bearing. You want that $1000 turn into $5000 - you need stocks in the low 100s or two digits and they have high potential for return...

You are an accountant so you know the math lol don't stress over for 2 shares

I just started to play with my play money. I am cash heavy and usually stay with S&P but have 6 figures in cash and need to invest more.. if you find a good long term buy, please please let me know. Also open to chatting offline! any help is appreciated!

EDIT: I purchased 4 GME at $108. Sold 2 at average of $345

Definitely worth discussing... I think this is the safest bet for me in the long run.

1. Never overly diversified. Meaning, don't buy a dozen single name stocks.

2. I buy dips, especially for single name stocks (SNS).

3. Average out ETF and MF. So I have auto weekly buy setup.

You can still auto invest SNS though. Up to you.

I own Vanguard, more than 50%.

* VTSAX (MF, total stock)
* VTI (ETF version of VTSAX)
* VGT (ETF, tech)

When I opened Vanguard in 2019, I was investing in VGT, and then VTI. Most of the time, VTI/VTSAX will pick top tech companies, but total stock market is slightly more diversified. I ended up investing in Total Stock (VTSAX) for 2 years, weekly.

I left ETF because ETF does not allow fractional share buy and Vanguard doesn't have auto investment for ETF. The downside is mutual fund buy and sell at the end of the day... ETF is good if you want real time market sell.

In Q4 2020 I paused $$ into VTSAX because over 50% and the return was not the best comparing to VGT. But most importantly I want to be slightly more aggressive.

My wife started investing in ARK, tracking emerging and high growth companies like TESLA. It's very aggressive.

I also beginning to leave Visa. It was a good return for 3 years. But the market cap is staggering and the price is going between $180 and $210.

I believe AMD will continue to grow while Intel figures out its fucked up. AMD is now <$90 so it's still very cheap to own a ton.

TSMC makes chips, e.g. AMD. Its only real competitor is Samsung. Most eletronic makers have no plans in the near future to make their own chips - they design and outsource the entire manufacture process. TSMC also co-design so it's another advantage.

Telsa is good if you have a ton of money. But if you read recent news, they have trouble with producing more battery. Battery chemicals and makers will be crucial for the whole Biden climate change plan. If you heard Pete's confirmation hearing, he mentioned several times they wish to add more charging stations to enable EV. There is a plan to buy more EV for USPS...

So expect solar panels and companies involving in electric battery to grow in the 3-5 years steadily.

You can find some ETF/MF that tracks those companies... I don't have a single company in mind yet... need to do more research on my own.

Finally, infrastructure - there are companies that make heavy duty machinery like crane and steel - expect those to gain too...

I bought UAL (United Airline) in 2020 and it was a good return but I sold it to get money for AMC and GME. But if you want to hold for 3 years, airlines will be good bet - they are cheap now, but they will eventually return to $90+ pre-covid....

Anyway, tlr; if you want tech

* Apple
* MSFT
* AMD

will be good.... for long term hold.

But do your research though

SOOO appreciate your insight!!

My 401K looks like:
FXAIX (S&P) - 54%
FHDDX (Target Date fund) - 28%
FGKFX (Growth K6) - 9%

Have about $30K with Betterment which includes some IRA money. Have about the same in Robinhood and bought some Tesla and VTI recently with some play stocks like AAL, NIO etc.

I also have 6 figures in cash that I was saving for a house but with the interest rate so low, makes sense to invest the money and just increase the mortgage loan.

any thoughts on CRM (Salesforce)