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$500 per month into one stock for the next 10 years

Posted on 9/8/23 at 3:38 am
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39901 posts
Posted on 9/8/23 at 3:38 am
What are you choosing?

Hard to go against TSLA right now, but I worry the powers that be might turn on Elon.
This post was edited on 9/8/23 at 3:38 am
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7127 posts
Posted on 9/8/23 at 3:40 am to
AAPL
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39901 posts
Posted on 9/8/23 at 3:55 am to
Solid.

Goog? Any non tech to look at?
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4465 posts
Posted on 9/8/23 at 6:01 am to
Obvious would be Apple. I hold a good bit of it but haven’t bought lately for whatever reason.

But it’s going to be damn hard without a ton of m&a to grow $400 billion of revenue 7-8% year over year. That’s a big nut.
Posted by BabyTac
Austin, TX
Member since Jun 2008
12093 posts
Posted on 9/8/23 at 6:32 am to
A SP500 index fund.
Posted by thegreatboudini
Member since Oct 2008
6449 posts
Posted on 9/8/23 at 7:10 am to
VTSAX
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1500 posts
Posted on 9/8/23 at 7:42 am to
MMM - pays a divy.
Posted by stewie
Member since Jan 2006
3950 posts
Posted on 9/8/23 at 8:26 am to
quote:

MMM - pays a divy.


And still has BILLIONS in potential lawsuit settlements/judgments awaiting.


S&P 500 index fund for the win.
Posted by 21JumpStreet
Member since Jul 2012
14643 posts
Posted on 9/8/23 at 8:34 am to
Bitcoin
Posted by SM1010
Member since Oct 2020
758 posts
Posted on 9/8/23 at 10:28 am to
S&P 500 index isn't really a stock but if this game allows that I'm team S&P 500 as well.
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
5310 posts
Posted on 9/8/23 at 10:42 am to
I bought AXON several years ago. This was when Ancient Tiger was pulling his stunts and I bought several of those stocks in small amounts. They all got way up and then sank and I pulled my original investment out. But AXON at the time was a $65 stock and I bought the largest share of them in my portfolio. When everything came back down during covid, I pulled all of my positions. AXON went from $70 to $100 then dropped back down to $85. They're now over $200. Lesson learned on not trying to time the market.

I bought them because I experienced a Virtual Reality product of theirs. A buddy that works for the Fort Worth IT department said their products were miles ahead of the competition. Like comparing a Pinto to a Ferrari ahead. I still think they have a huge upside to them.
Posted by Barbenheimer
Member since Jul 2023
37 posts
Posted on 9/8/23 at 10:59 am to
Why not take the $500 and invest it in 5 different companies to spread the risk a bit, but still be exposed to high growth potential stocks:

1) AAPL - $100
2) MSFT - $100
3) TSLA - $100
4) NVDA - $100
5) META - $100 (I like this one as it could have big upside if they can figure out the monetization for Threads and Metaverse)
This post was edited on 9/8/23 at 12:00 pm
Posted by FriscoTiger
Frisco, TX
Member since Aug 2005
3480 posts
Posted on 9/8/23 at 11:43 am to
Visa
Posted by Sir Saint
1 post
Member since Jun 2010
5323 posts
Posted on 9/8/23 at 12:56 pm to
If I had to pick 1 single company, MSFT gets my vote.
Posted by j1897
Member since Nov 2011
3562 posts
Posted on 9/8/23 at 1:14 pm to
All going to zero if we don't have oil.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422241 posts
Posted on 9/8/23 at 1:19 pm to
quote:

If I had to pick 1 single company, MSFT gets my vote.

That was going to be my guess. They have stood the test of time and have been adaptive enough with their core offerings.
Posted by FMtTXtiger
Member since Oct 2018
3725 posts
Posted on 9/8/23 at 1:42 pm to
STWD
Posted by SmackoverHawg
Member since Oct 2011
27329 posts
Posted on 9/8/23 at 4:43 pm to
Tesla
Posted by Hayekian serf
GA
Member since Dec 2020
2522 posts
Posted on 9/8/23 at 5:41 pm to
Something paying a nice dividend
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39901 posts
Posted on 9/8/23 at 5:47 pm to
A good dividend stock reinvested could be nice.
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