What stocks are you buying now?
Asked by
JLeslie (
65719
)
December 20th, 2021
Today’s date is 12/20/21.
We are going through a surge in Omicron cases, there are cream cheese shortages in the United States, and Christmas is a week away.
Stocks, mutual funds, ETF’s, anything you have an eye on for investing.
I WISH I had followed some of my ideas on investing this past year, but as usual I missed out on many gains and held on too long to some stocks I should have sold. Generally, I am very conservative with my money, and over time of course I wind up behind.
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14 Answers
I do not gamble. So, none.
I pay someone to handle that for me but I am slightly worried about cream cheese. Ha!
If you don’t know what you’re doing, mutual funds are what you want to invest in. 80% of my retirement investments are mutual funds. I do take a small portion and invest aggressively in single stocks. Roblox has been a pretty big winner for me so far.
We do dollar cost averaging in a diversified portfolio. I do not buy individual securities.
I don’t like to make money with money.
Also, chimps.
Someone does my investing for me.
I have a financial advisor for that.
If you can afford to invest in stocks, you’ve already more money than you need.
@Kropotkin That’s an interesting viewpoint. What do you do with your money, keep it under your mattress? Personally, I like increasing my savings rather than letting it sit around.
@smudges: “Personally, I like increasing my savings”
I wish I had savings.
@Kropotkin So you’re saying in so many words that saving for the future is somehow selfish?
I can’t tell you. That would be second hand insider information
I would go for mutual funds. Their advisors get pertinent info before anyone else. Index funds have the lowest fees and do reasonably well. If you want to closely follow trends you can try sector funds for higher results (at higher risk). You have to be ready to jump out when the trend fizzles. I would guess the medical sector will do well in the near future.
@RocketGuy Has the right strategy.
Personally, I like having a couple highly speculative plays as a small percent of my portfolio. DM is my next Vegas play. It’s extremely high risk, and has a good chance of being worth $0. Its share price has been hammered this year. That said, I believe there is the potential for massive gains (10x-100x) if they can grow into their valuation and maintain their growth trajectory over the next decade. This is not investment advice, I am not an investment professional.
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