Post by ironhamster on Aug 12, 2022 1:14:10 GMT -5
Investing in established companies is a different game than early stage growth companies. If I invested in ten established companies I would expect them to all have modest success, although sometimes they still go under. Picking small caps, I go in figuring my starting odds that, out of ten, three will fail, six will do ok, and one will do well enough to cover any other losses and then some. If two make it big, or three, that's even better.
Financials might not be perfect, but my greatest investment fuckup of my life has been semiconductors. I've been a huge fan of the sector, as I believe everything is headed into smart territory. Even my light bulbs have more computing power than the Lunar Lander. Alas, between the interest rate slowdown and Chinese Saber rattling, it's been a devastating place to be, and even more so believing the Fed won't do now what they've threatened and not done before.
EVs are the future. They won't entirely replace the ICE cars any time soon, but once people understand what they offer, they won't be an alternative. They'll be the preferred choice. I hope to see a lot of successful EV companies, and I believe there is room for them. Currently, Tesla sells more EVs than anyone, but, don't sell because competition is coming. These are all car companies. Tesla is a tech company that builds cars. I don't think they are done growing yet.
...Picking small caps, I go in figuring my starting odds that, out of ten, three will fail, six will do ok, and one will do well enough to cover any other losses and then some. If two make it big, or three, that's even better.
For teh rookies...
"caps" stands for "Capitilzation". Market capitalization.
How much the market (stock buyers) are currently willing to pay for a company.
Determined by # of shares x share price.
When they say a company is worth X Billion dollars, this is how it is calculated and you declare a company a small- mid- or large- "cap" based on whether it is above or below arbitrary numbers defining which category a company is in.
Keeping in mind that my investment portfolio totals less than 2k overall, I have most of mine in financials and REITs (PSEC, ARR, ORC, SCM, GLAD to name a few) for the dividend payouts. I then reinvest in more of the same but spread it out in small numbers of shares in many companies. I also buy up large blocks of penny stocks and sell covered calls on them to make some extra options money. I started my investment dabbling in 2020 and have more than doubled my investment in that time. I took a big dip this year but never below my initial investment and it's climbing again so I can't complain.
Bits of me are dying but others are growing. One step at a time.
worksforme2: Happy Birthday deleted,...where ever you are
Sept 25, 2023 9:44:03 GMT -5
mirrororchid: Just found out. My wife's therapist was nudging her to divorce me four years ago before she reset with me. It seems like the key ingredient to a reverse in a sexless marriage is a refuser that earnestly knows that celibacy in marriage is abnormal.
Sept 27, 2023 19:49:47 GMT -5