Being a private company, I don't get any stock options. All the income I get is in cash. As I hear in Blind that a lot of folks get RSUs and earn a lot from them, I was thinking of ways I can try to catch up wrt TC. Today, I invest any left over money in the beginning of every month into Vanguard ETFs. Is this a good/bad investment idea: if i plan to invest 10-15% out of my family income each year into stocks? As I never invested in stocks before, if I take 10 or so big company stocks (FAANG, TSLA, JNJ etc.), and equally split that amount each month between them without trying to time the market ? If the idea itself is bad, please correct me. If the idea is good but the stock choices are bad, please propose the right ones. Thanks!
Why Tesla? Why any of the ones you picked? What are your valuations on each of them? What's your selling number for each market cap? Picking individual stocks much more effort than just indexing. Indexing is faith that the entire market will go up overall. High concentration means you'll have much more volatility (bigger and faster price swings). I would go online for valuation lessons if you're deciding to pick stocks. aswath damodaran just uploaded a series of videos on his FANG evaluations. I'm starting his videos on valuations soon.
Thanks for the suggestion. I will start here, and try to research on understanding valuations.
Idk. I buy specific tech company stocks and ive been making mad gains
Cuz tech has been extremely bullish so far - past doesn’t predict future. With that said, I do it too, but index funds is still a majority of my portfolio
Buy companies you believe to have a long term competitive advantage and make sure you have a long time horizon. Generally folks say you cannot time the market but of course you can or at least try so make an educated investment and let it sit. If it drops in price a lot and nothing else has changed then buy more on sale. Personally I love buying companies that get negative press but with solid fundamentals. Been winning on thise for 30 some years. Good luck!
If you really want to invest in tech like that just buy a tech etc like fdn
Buy cheap stocks like APRN or HMNY, they have much more chance for big returns than the ones you mentioned.
Sorry I'm a victim of buying HMNY. Bought it for $10 when it dropped from $30. I thought I made awesome investment after reading lot of shit from analyst. Now HMNY trading at $0.50. I will say do your own research and buy. Safer bet is to buy big tech giant that you think will not die soon. Good luck
Buy Netflix,amazon, Microsoft, nvidia. They keep going up. But there is a risk involved always. Past performance is never a guarantee for future performance.
VTSAX bro!
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Dont fuck around with your money thinking you are investing. If you want to invest in large caps, just open an account with Vanguard or Charles Schwab and buy their large cap ETF. Sit back and relax. Let the market run for years and keep adding money and diversify your investments with time as you learn more about investing.
That's what I do today. Just thinking of what else I can do to diversify..
Buy large cap stable international funds. Maybe put some money in commodities, some in reit, some in municipal bonds. There is really no magic bullet here. These are tried and tested strategies. Just pick one approach and be disciplined. Keep some cash handy for declining times so you can buy bargain prices