BTW, this would only be a swing trade, to be exited at some point to be determined. I would not "invest" money in RIVN, TSLA, or any of the other myriad green energy companies. Back when I day traded, I usually put in about 30-40K and got out whenever it changed by 1K, whichever direction that was. My T div is only going to be about a grand, so, proportionately, we're talking about lunch money.
I bought at $25 and again at $18. The 75 shares total are as much exposure as I want with them. I probably have more TSLA than I should, but I'd buy more if it keeps going on sale.
You are right, I just looked after reading your post. But I'm down 40% on the Amazon I bought at the same time. So are you guys staying in
Staying in. My target is 100% on BABA. So, probably not before next year. I would've told you not to get Amazon if I had known you were buying at that time.
That's the same thing my son said, after I told him I bought some. I should have sold, right away with that negativity. At least I didn't buy Tesla, other than what is slamming my S&P 500 fund.
p.s. If you're looking for ideas, and this is NOT a recommendation, just something I'm saying in general, you make your own decisions, I loaded up on some LYFT a couple few weeks ago when it dipped under $10. It's still cheap, in my opinion.
We should all chip in five picks and see whose 5 turn out to have the best return in 2023. S&P500 only, so no one gets a hundred bagger on some shit biotech lottery ticker.
Oil & Gas returned about 80% for me last year, and I'm not jumping off the train yet. I think the upcycle is just beginning, without going dungeon.
What's that? Refill that oil reserve you depleted? Why would you have depleted it in the first place? Hmmmm