Anyone investing heavily this year??

[Non-StopJFK2TAB]

Long term positions are about the average cost. If you consistently buy on a schedule, you should be fine (granted the fundamentals of the company hasn't changed).

Stock Market Down? One Thing Never to Do

It’s better to think long term than to panic and sell stock at a low during a downturn, but you need to have a strategy for different outcomes.

www.investopedia.com

Most companies aren’t Chegg. They are an extreme example. Should you DCA to a company like that?

Would you DCA a company like NIO?

 

[Madrox]

Why are you trying to catch a falling knife. Let it fall, and then you pick it up.

Most companies aren’t Chegg. They are an extreme example. Should you DCA to a company like that?

Would you DCA a company like NIO?

I'm more talking about DCA my broad market ETFs, but I actually do DCA a small spec position in NIO in my Roth. I consider it part of my international exposure, but along with VXUS.

I don't try to time it tho, since I can't tell what the market will do except likely go up in the long run. Slow and steady, little by little and don't go bawls deep.

 

[HellBoy]

Most companies aren’t Chegg. They are an extreme example. Should you DCA to a company like that?

Would you DCA a company like NIO?

I used to be a big NIO fan, but I am not a fan of China's games, so no, I do not have NIO in my long term to DCA. In fact, the only small cap that I am DCA'ing is Rocket Lab.

As for scheduling, I buy 1 share of AAPL, MSFT and JPM every two weeks. I buy 2 RKLB each week (until I get to 500 shares).

 

[Madrox]

 

[havelcok]

 

[HellBoy]

His initial thought process was right, just growing pains along the way. That is Buffet's strategy.

Read this book - warren buffett and the interpretation of financial statements

 

[Madrox]

His initial thought process was right, just growing pains along the way. That is Buffet's strategy.

Read this book - warren buffett and the interpretation of financial statements

I couldn't manage money for other people, them wanting to pull funds out of long-term holds to get out of the market RIGHT when you shouldn't would drive me crazy.

Hell even Buffet got out of fund mgt. back in the day for that reason.

 

[HellBoy]

LOS ANGELES--(BUSINESS WIRE)-- JPMorgan Chase & Co is launching the Advancing Black Wealth Tour, an event spanning three cities designed to provide financial health education, wealth-building seminars, and other vital financial insights to Black communities.

With stops in Los Angeles, New Orleans, and Philadelphia planned throughout 2022, the tour will host prominent Black business leaders and entrepreneurs who will engage attendees through panel discussions and interactive workshops. Forums will include financial wellness, best steps to saving money, navigating the real estate market and homeownership, entrepreneurship, and wealth generation.

The speaker lineup at each event will be complemented by a series of breakout sessions and one-on-one meetings with banking executives, finance professionals and other representatives from across JPMorgan Chase’s entire business.



$JPM

Update:

Although this is called a "Tour", I only see 1 date, May 14th right now. I sent Brian Lamb a message on LinkedIn to see if there are other dates planned.

Advancing Black Wealth Tour

geme.jpmorganchase.com

 

[HellBoy]

TOP STOCKS TO WATCH FOR THE WEEK OF May 9, 2022 | Happy Mother's Day!

This video covers earnings this week, QQQ, Apple, Biontech, Disney and CyberArk.

 

[bgbtylvr]

Ford Might Have Very Bad News for Rivian | TheStreet

 

[bgbtylvr]

Ford Might Have Very Bad News for Rivian | TheStreet

Ford and Rivian dropping hard in preopen minutes.

 

[HellBoy]

Bull / Bear traps. Sitting on my hands for now.

 

[Gemini]

 

[havelcok]

Could always be worse

 

[HellBoy]

$UPST.... damn.

 

[HellBoy]

2020 Qiantu K50 by Mullen: A California-Built Bargain EV Supercar

What would you expect to pay for an all-electric, two-motor, all-wheel-drive, two-seat, carbon-fiber-bodied sports car?

www.motortrend.com

$MCAF (Spac)

 

[Madrox]

 

[HellBoy]

 

[bgbtylvr]

Could always be worse

The typo confirms they failed. If you don’t catch a little details like a misspelled word, good lucking buy all those STOCK.

 

[havelcok]

 

[havelcok]

CPI numbers today were bad
Market mixed
Tech selling off

you can’t tell me that we are not in a recession

 

[APOPHIS]

 

[havelcok]

 

[Llano]

I went shopping & got some Apple & TSM today

 

[Aww Skeet Skeet!]

Took profit from my $INTC puts. Then went to Vegas and won another $500 off roulette with a $250 buy-in ($25 mins). Took about 20 minutes.

I'll probably invest it in VOO

 

[yaBoi]

CPI numbers today were bad
Market mixed
Tech selling off

you can’t tell me that we are not in a recession

i think we are headed for depression

 

[HellBoy]

$RIVN beats analysts estimates and sticks to 2022 guidance.

 

[Pworld297]

Shit is brutal! They say buy low but damn.. Lol

 

[HellBoy]

Shit is brutal! They say buy low but damn.. Lol

Indeed.

 

[havelcok]

 

[TENT]

DCA is for long term investments.
Period.

Most companies aren’t Chegg. They are an extreme example. Should you DCA to a company like that?

Would you DCA a company like NIO?

 

[HellBoy]

Canoo warns company could go out of business before a single car is made in Pryor

Leadership of electric vehicle manufacturer Canoo warned shareholders Tuesday night it may go out business before it produces a single car at its proposed factory in Pryor.

www.fox23.com

Bad news for Canoo? $GOEV

 

[Aww Skeet Skeet!]

Canoo warns company could go out of business before a single car is made in Pryor

Leadership of electric vehicle manufacturer Canoo warned shareholders Tuesday night it may go out business before it produces a single car at its proposed factory in Pryor.

www.fox23.com

Bad news for Canoo? $GOEV

Man, I'm still holding shares of $FSR. I've bought, sold, re-up'd, sold and re-up'd. I'm hoping they can weather the storm. Don't need this energy for EVs.

 

[havelcok]

 

[Non-StopJFK2TAB]

Man, I'm still holding shares of $FSR. I've bought, sold, re-up'd, sold and re-up'd. I'm hoping they can weather the storm. Don't need this energy for EVs.

Someone with deep pockets will scoop them up if they’re worthy of being scooped up.

No one told these guys to rush to the market. Do you know how many years the market crushed Amazon for investing itself? A company like RIVN needs $40 billion to be a legitimate company but they’ve only put aside $10 billion. Either they’re highly efficient, they’re going to have to issue more shares, or they can go bankrupt. Ford and Amazon took their money and bounced. That should have told you everything about their business.

FSR has been one hit away for 5 years. Sunroofs that help with charging. I read about that 5 years ago. Where’s the product? You have a million deposits? Where’s the product? I have seen the Kia all over the tri-state. I have even seen a Rivian truck at the Whole Foods a few months back. Seeing is believing.