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If you were in a competition to turn $75 in the stock market into as much as you can
Posted on 9/23/20 at 1:38 pm
Posted on 9/23/20 at 1:38 pm
and the competition ends on 12/31/2020, what would you put it in?
Obviously risk tolerance is HIGH
considering it's $75 and I don't really care if I lose it all. Although I'd sure like to come out strong.
Oh how we keep ourselves busy during a political pandemic
Obviously risk tolerance is HIGH
considering it's $75 and I don't really care if I lose it all. Although I'd sure like to come out strong. Oh how we keep ourselves busy during a political pandemic
9
Posted on 9/23/20 at 1:42 pm to CatfishJohn
SPI
Posted on 9/23/20 at 1:45 pm to cgrand
I think I missed the boat on that one
Posted on 9/23/20 at 1:58 pm to cgrand
Screw it, I bought 3 shares of UVXY -
Let's get volatile!
Let's get volatile!
Posted on 9/23/20 at 3:42 pm to CatfishJohn
I'd trade options. It's the only way you could significantly multiply your money.
With a no care attitude you could even make a hefty amount if you're lucky.
With a no care attitude you could even make a hefty amount if you're lucky.
Posted on 9/23/20 at 3:47 pm to rintintin
Buy short-dated near-the-money calls on an illiquid BS "cult stock" (like TSLA but not) and hope for a pump.
zero or infinity
zero or infinity
Posted on 9/23/20 at 3:53 pm to CatfishJohn
quote:
Screw it, I bought 3 shares of UVXY
Good luck...UVXY is a hard one to trade
Posted on 9/23/20 at 4:43 pm to CatfishJohn
SQQQ
Posted on 9/23/20 at 6:38 pm to CatfishJohn
I would put it all in CLIS or RLFTF.
I would probably put it all in CLIS, wait a month and then sell and flip it all to RLFTF.
I would probably put it all in CLIS, wait a month and then sell and flip it all to RLFTF.
Posted on 9/23/20 at 6:58 pm to CatfishJohn
I would find a company that is inventing flame throwers to mount under the hood of your car (sorry, I have been watching to much of the rioting the last hour).
Posted on 9/23/20 at 7:58 pm to CatfishJohn
VXX
Posted on 9/24/20 at 9:16 am to CatfishJohn
quote:
and the competition ends on 12/31/2020, what would you put it in?
Obviously risk tolerance is HIGH considering it's $75 and I don't really care if I lose it all. Although I'd sure like to come out strong.
Oh how we keep ourselves busy during a political pandemic
I'd find some small stock that is currently trying to make a vaccine for covid, put all the money on them, then hope it hits.
Posted on 9/24/20 at 9:20 am to CatfishJohn
quote:
what would you put it in?
VGNA
Posted on 9/24/20 at 12:43 pm to CatfishJohn
I'd put it in a coffee can. I bet $75 at the end of the year would be at least 70th percentile of the participants with a decent chance of being 90+.
Posted on 9/24/20 at 4:03 pm to Texas Tea 123
options would be move to make but $75 is a very small amount that wont allow you to buy a majority of decent strike prices and dates.
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