Investing General Discussion
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,495
- 107,551
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,495
- 107,551
Sanrith Descartes
Veteran of a thousand threadban wars
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Big Phoenix
Pronouns: zie/zhem/zer
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"The stock market is not the economy" is now the Democrats favorite phrase.
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Furry
WoW Office
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5x leverage and couldn’t meet the margin call. This is why friends don’t let friends do margin.
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Gravel
Mr. Poopybutthole
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Sanrith Descartes
Veteran of a thousand threadban wars
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I have been loading up on FTEC during these dips. Had a huge pile of cash when I cashed out of my QQQ position and have been using it to trade options while I waited for this correction. About 25% of my portfolio is now in FTEC buying every dip under $102. Once the chop gets cleared out I will be in cruise mode.
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Blazin
Creative Title
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Nothing has changed since it was $45 . Right now it’s all on hope not results. If they succeed it is an 80-100 dollar stock . Because of new CEO market is willing to have some faith
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Sanrith Descartes
Veteran of a thousand threadban wars
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Wait for INTC to miss on earnings again and/or lower guidance and it should sink back in the 40's on the event. That's when to buy back in.
Tmac
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Fogel
Mr. Poopybutthole
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You could, but there's a bigger field to choose from. From there, you need to decide if they're one of the ones getting slaughtered because they're tech, or are they getting slaughtered for a reason. At that point you're better of just getting a tech ETF like one of the QQQ's
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Tmac
Adventurer
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So ARK? What are the QQQ’s? I see them posted a lot, but have never looked into them.
Fogel
Mr. Poopybutthole
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Nasdaq tech ETF. QQQ is the largest 100 companies in the Nasdaq index. QQQJ would be 101-200, etc.
Another option is to get FTEC which is a new forum favorite since it's similar to QQQ but doesn't have Google/FB/Twitter etc if you don't want to invest in those companies for moral purposes.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Also, QQQ doesn't include financial stocks.
Tmac
spend some time looking at the basket of holdings of ETFs and compare them. Also what index they emulate. For example FTEC and XLK are pure tech ETFs but mirror different indexes so the composition of the holdings is slightly different. Also the number of holdings is different.
Also QQQM is a newer cheaper version of QQQ. Lower price per share and lower net expense. Same holdings.
Tmac
spend some time looking at the basket of holdings of ETFs and compare them. Also what index they emulate. For example FTEC and XLK are pure tech ETFs but mirror different indexes so the composition of the holdings is slightly different. Also the number of holdings is different.Also QQQM is a newer cheaper version of QQQ. Lower price per share and lower net expense. Same holdings.