Boiler Room: The Official Stock Market Discussion

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,699
Reputation
-1,720
Daps
27,802
This year has been unreal. In late February my combined SoFi, Fidelity, Robinhood, and M1 Finance portfolios cracked $100K It's just July and now they're combined $118K

Congrats. 100k is the hardest. 100k to 1mil is much easier. Took me year and a half from 100k to a mil thanks to tech stocks in a bull market.

Keep reinvesting breh. Become a millionaire. Join me.

Why not us?
 

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,699
Reputation
-1,720
Daps
27,802
So big TSLA is back huh :whew:


it never left. $3000 by 2030. :salute:


Screenshot-20240703-083318-Fidelity.jpg




 

KING WILL

Superstar
Joined
Jun 14, 2018
Messages
8,299
Reputation
1,270
Daps
21,974
Oddly enough, over the last 2.5 years my biggest investing mistake was trying to diversify.

Wish I would have poured everything in Palantir, Tesla, and Nvidia. And to a lesser extent Sofi, even though it's been flat.

Still up, but damn...I would have been UP UP.
 

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,699
Reputation
-1,720
Daps
27,802
Oddly enough, over the last 2.5 years my biggest investing mistake was trying to diversify.

Wish I would have poured everything in Palantir, Tesla, and Nvidia. And to a lesser extent Sofi, even though it's been flat.

Still up, but damn...I would have been UP UP.


it ain't too late breh. it's just getting started. if i have a portfolio less than 200k then i'm going all in on 4-5 stocks. that's it. no more than 5.
 

Sugarbush

Sucka Free
Supporter
Joined
May 2, 2012
Messages
3,941
Reputation
928
Daps
12,764
I know better but why not mess around. Added a slice in my M1.
Screenshot-20240704-174235-M1-Finance.jpg
Rivian isn’t a long term play. It’s straight up gambling. You are so early to the party the building it’s going to be held at isn’t even completed yet. Rivian hasn’t even proven its business is sustainable. They’re losing $40K every time they sell a vehicle. That is not sustainable long term.

Never buy a company with negative gross margins.

The average price of a new vehicle is $48K. Rivian is almost giving away the value of a new vehicle every time they sell one. Don’t care how nice their cars are if that doesn’t change fast they’re doomed.
Interesting :jbhmm:
 
Top