Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .
LONG BEACH, Calif.--(BUSINESS WIRE)--Leading launch and space systems company Rocket Lab today announced it has signed a deal with in-space manufacturing company Varda Space Industries to produce three Photon spacecraft that will integrate with their space factories, enabling high-value products to be manufactured in zero-gravity and returned to Earth in Varda’s re-entry capsule.


$VACQ - RocketLab
 
Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading lower after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and announced a $25 price target. Morgan Stanley analyst Kristine Liwag noted 'After the expected flight of Unity 23 in September 2021, the company’s sole mothership, Eve, will be grounded for an 8 month enhancement period. During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.'

I took advantage of SPCE today... How about you?

**Also:

Next time FCEL runs up a bit, I will aggressively short it the next day. Such a terrible stock. It never holds gains.
 
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$FCEL

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OGS and everyone else. Want to get my 17 year old his first brokerage account. Any suggestion on where I should sign up for a custodial account or an account in general?
 
At this point I wouldn't go the custodial route.If he has a taxable income, a ROTH IRA is the way to go.

Agreed (I didn't consider his kid's age at first look). But if he's that close to adulthood a custodial may not make as much sense at this point. Opening a Roth IRA at that age is one of the most powerful things you can show him right now.

OGS and everyone else. Want to get my 17 year old his first brokerage account. Any suggestion on where I should sign up for a custodial account or an account in general?

...BUT, you may want to do both. The ROTH for long term (with a core of a few broad market index funds) and a taxable for more high-conviction individual holdings (?).

I've seen a few people mention Fidelity. I think they may offer the best mix of account options, investing/trading, and I believe they have fractional shares now (but double check that).

I use M1. It's the best for long term investing imo. Not so much for day trading, but if you want to easily open account(s) and build portfolios they're really good. They also have fractional shares which was a big draw for me.
 
I just realized that there are companies that you can sign up with that will let you rent your own personal car out..

any of these companies public?

:idea:
 
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