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I’ve got about 15k and potentially going to get another 5k later from inheritance
Posted on 1/18/21 at 8:13 am
Posted on 1/18/21 at 8:13 am
Still waiting for the assets to all be settled. But I got 15k this past weekend.
What would you invest in? Looking for something with some growth potential still (would love to double it) and possibly a good dividend long term.
Maybe cruise lines or some new EV? Really interested in anything.
What would you invest in? Looking for something with some growth potential still (would love to double it) and possibly a good dividend long term.
Maybe cruise lines or some new EV? Really interested in anything.
Posted on 1/18/21 at 8:28 am to TigerCrude
quote:
Looking for something with some growth potential still (would love to double it) and possibly a good dividend long term.
Let me know when you find it. Preferably before it doubles.
Posted on 1/18/21 at 8:40 am to TigerCrude
quote:
What would you invest in? Looking for something with some growth potential still (would love to double it) and possibly a good dividend long term.
Oh, ok. That’s it? Sure, let me pull up my list...
Posted on 1/18/21 at 9:00 am to TigerCrude
If you are aiming for a long term investment, put it in a index fund and leave it alone preferably in a tax advantaged account. If you're just chasing quick gains, follow the frrquent penny stock threads, buy lotto tickets, or hit the casino. Typically growth and dividend stock are different animals. If a company has big growth potential its typically going to reinvest capital for expansion rather than pay it out to share holders. If you aren't well versed in stock fundamentals you aren't going to beat the experts unless its dumb luck or you have a specific industry insight (invest in what you know). Otherwise just invest in the broad market instead of trying to pick winners as an amateur.
Posted on 1/18/21 at 9:06 am to TigerCrude
I suggest finding a beat-down group of stocks and investing there. Im new to investing, but ive been able to get a 35% return since i started investing almost a year ago.
BA/MRO are a couple that arent dried up then go heavy in finance where you see opportunity.
BA/MRO are a couple that arent dried up then go heavy in finance where you see opportunity.
Posted on 1/18/21 at 9:33 am to Shamoan
MRO for growth? I wouldn't go hard into petroleum looking for growth. That stock has been a dog and even still it only pays 1.45% so not even a good dividend play. Although, some on this board will probably say its a great legacy stock to pass down generational wealth
Posted on 1/18/21 at 9:52 am to TigerCrude
1. Are you set up with a six month liquid emergency fund?
2. Do you have auto debt, credit card debt, or student loans?
3. If not, by all means, invest.
2. Do you have auto debt, credit card debt, or student loans?
3. If not, by all means, invest.
Posted on 1/18/21 at 10:05 am to TigerCrude
MVIS - LiDAR & Augmented Reality value play (3x+ potential)
CCIV - Potential SPAC play of the year (Lucid Motors EV 2x+ potential)
BB - EV software pivot play (2x potential)
AMC - More of a gamble they can avoid bankruptcy (2-3x potential)
ORC - High yield dividend
CCL - Cruises
AAPL - It's Apple.
CCIV - Potential SPAC play of the year (Lucid Motors EV 2x+ potential)
BB - EV software pivot play (2x potential)
AMC - More of a gamble they can avoid bankruptcy (2-3x potential)
ORC - High yield dividend
CCL - Cruises
AAPL - It's Apple.
Posted on 1/18/21 at 10:24 am to TigerCrude
You can still fund 2020 IRA and 2021. So put what you can now into the 2020. Are you married? If so, you can fund 2 IRAs whether or not spouse has income. So, $12k annual limit for a couple.
Posted on 1/18/21 at 12:46 pm to TigerCrude
GME is going to the effin Moon... vroom vroom
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