Investing $5000 in stocks...

[Doctorona]

Hey Gang,
If you had an extra $5000 to invest in stocks, where would you put it?
Just to be clear about this..
I'm already well diverse in other investments.. real estate, precious metals, 401K, cash, etc etc.
My "slow and steady" investments are doing well, but now I'm wanting to have some fun with something else.
This is just an extra $5000 that if I lose it, it won't put me in any strain/stress.
With that being said, I hope NOT to lose it, hahaha.
I'm not looking for intense day trading, but more of maybe weekly trading.

Anyone else out here doing the same or watching any individual stocks?

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[Mikej]

Apple.

Edit: Just read the rest of your post. I'm in it for the long haul. Not to get a rush, or lose my money.

 

[1371JarHead]

Get on to reddit/Gab and join the wallstreetbets group..tons of traders and good guys in there, i have made a very good profit this past 6 months on trading stocks that i move every few weeks...here is a great tip for you right now....https://finance.yahoo.com/quote/ETN/?p=ETN....good luck and stay da fuk away from bitcoin, i think it is just dicey.

 

[Doctorona]

Thanks for the input so far!
This whole Bitcoin/Gamestop has been on my mind for awhile.
Will be doing some more research.
I opened up an account last week on Etrade..

 

[Flopsweat]

Take it to Vegas. You'll probably do about as well as you would asking for advice on the internet. And you get free drinks.

 

[SonicBlue03]

Thanks for the input so far!
This whole Bitcoin/Gamestop has been on my mind for awhile.
Will be doing some more research.
I opened up an account last week on Etrade..

You should open up a Coinbase account next.

Nice thing about crypto, you don't have to go all in on a single stock since they sell portions.
Also remember that crytpo runs in cycles with giant swings, so if you invest it's best not to look at it too much. Although the swings are getting smaller over time and the cycles are tightening up.

 

[TTSX]

I'm a fan of coca cola. No, it's not high earning but it's stable and has an ever increasing dividend. What a boring choice

 

[BigPoppa82]

I've been eyeballing lucid motor company.

 

[Doctorona]

You should open up a Coinbase account next.

Nice thing about crypto, you don't have to go all in on a single stock since they sell portions.
Also remember that crytpo runs in cycles with giant swings, so if you invest it's best not to look at it too much. Although the swings are getting smaller over time and the cycles are tightening up.

I'm liking this.. something different.
Thanks for the info!

 

[Member 5605]

We dump as much as we can every year into 401K, compounding interest and gains of 6% average every year makes a good long term investment. Retirement will be interest only spending at 2x our current income.

 

[SonicBlue03]

I'm liking this.. something different.
Thanks for the info!

N/P - a buddy of mine who's been heavy into crypto for quite a few years sent me these to peruse. The first one is long, so have nothing to do while listening:

MICHAEL SAYLOR - Bitcoin is Hope

Michael Saylor (more recently known as the 'GigaChad') is the founder and CEO of MicroStrategy, a publicly listed company on the NASDAQ. In March of 2020, as...

na01.safelinks.protection.outlook.com

How The Economic Machine Works by Ray Dalio

Economics 101 -- "How the Economic Machine Works."Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers th...

na01.safelinks.protection.outlook.com

 

[jblake00]

Im watching for the new ETF ARKX. Or for something a bit more crazy, the GME saga might be wrapping up on the 19th of this month. Some are still betting on around a $4-500 high again.

 

[EHJ]

Dr. Seuss books.

 

[L84Cabo]

Probably an S&P 500 ETF fund.

Note: Nothing I've said should be considered financial advice. I am NOT an investment/financial planner. I didn't even stay at a Holiday in last night. I'm just some guy...on the internet. And my advice is worth exactly what you paid for it.

 

[NW Backpacker]

I'm a fan of coca cola. No, it's not high earning but it's stable and has an ever increasing dividend. What a boring choice

Coke has been in the news lately:

Coke Goes Full Woke

What in the fresh hell is this? This is a taste of Joe Biden’s America—and it’s quite nasty. The pol

townhall.com

Coca-Cola ripped for 'be less white’ training to build ‘inclusive’ workplace

COCA-COLA is facing backlash after it told employees to “try to be less white” in a bid to combat racial discrimination. Photos of Coca-Cola’s online training seminar we…

www.the-sun.com

 

[TTSX]

Coke has been in the news lately:

Coke Goes Full Woke

What in the fresh hell is this? This is a taste of Joe Biden’s America—and it’s quite nasty. The pol

townhall.com

Coca-Cola ripped for 'be less white’ training to build ‘inclusive’ workplace

COCA-COLA is facing backlash after it told employees to “try to be less white” in a bid to combat racial discrimination. Photos of Coca-Cola’s online training seminar we…

www.the-sun.com

I know. It's ridiculous. My statement stands that as an investment, I like them.

 

[FourTeeFive]

Take it to Vegas. You'll probably do about as well as you would asking for advice on the internet. And you get free drinks.

And meet new female friends who want to "party with you". At least that's what they told me...

 

[coop44]

Invest in buggy whips and mustache wax

 

[fromotoc]

My GME gains from buying 3 weeks ago are absolutely bonkers. Bought at $40 a share, it's at $224 after hours right now. Watching the market closely today and will probably sell when it hits $300, which should be today. Have a sell limit order for $400 just in case it reaches it. WSB on Reddit has been a literal goldmine.

Long term I'm heavily invested in tsnpd and orvrf.

 

[fromotoc]

You should open up a Coinbase account next.

Nice thing about crypto, you don't have to go all in on a single stock since they sell portions.
Also remember that crytpo runs in cycles with giant swings, so if you invest it's best not to look at it too much. Although the swings are getting smaller over time and the cycles are tightening up.

The coinbase IPO is coming up, too. Roblox IPO is 3/10 as a direct listing around $45/share. I've got money set aside to buy at open and will set a sell limit order at $90 to see if I can ride the wave the first day. Ticker symbol is RBLX.