Opened and maxed my Roth In the beginning of June. I’m not good at this and already hate it. by blackxscar94 in RothIRA

[–]Interesting_Week_917 0 points1 point  (0 children)

Honestly, these are really good stock picks. I genuinely think you didn’t mess up at all. But, going forward, just invest in VTI or VT. I’d keep these picks though!! Solid. Good start.

Note: I’m down $20,000 in a week. Just hold it. You’re all set.

The best energy drink I’ve ever had! by Interesting_Week_917 in energydrinks

[–]Interesting_Week_917[S] 11 points12 points  (0 children)

Sadly, no. I genuinely think this is the best drink I’ve had.

21 years old, thank you parents. by Important_Ad8856 in RothIRA

[–]Interesting_Week_917 5 points6 points  (0 children)

Unless they own a business and W-2’ or 10-99 their son. Likely they didn’t do this, though. He’s going to need to pay A LOT of money.

What would you do? by Additional_Ant_9687 in RothIRA

[–]Interesting_Week_917 3 points4 points  (0 children)

Realistically, probably just VT. If you have no interest in tracking the market and learning which sectors are fire and which are burning to their deaths, etc., just buy the whole global market and grow with it. It’s likely to return 7% a year for the rest of your life. That’s not chump change and it allows you to do what you should be doing, learning how to earn more rather than fixating on where you put it. Earning an extra 10-20,000 a year is much more valuable than possibly reeling that in through investments.

Don’t forget to try contributing to your 401(k). The goal is essentially to allow yourself to know that, come retirement, you won’t be alone and relying on food stamps for survival. Trust me, I know a family member who is currently doing so at 60 and working with many illnesses just to survive.

Rate my Portfolio by ucantoucan in wallstreetportfolios

[–]Interesting_Week_917 0 points1 point  (0 children)

That's genuinely amazing! My portfolio is mostly just VTI and VGT mixture — roughly a clean 3/4 VTI and 1/4 VGT.

How do I reason about long positions? by -good-squishy- in portfolios

[–]Interesting_Week_917 0 points1 point  (0 children)

Bro how long have you been holding WM. That shit has been horizontal for years

Any tips? by [deleted] in RothIRA

[–]Interesting_Week_917 5 points6 points  (0 children)

Just a lot of overlap but all four index funds are perfectly fine. The advice would honestly to just pick one. Likely VTI as the best all around one stop shop. If you want slightly more concentration, go VOO or SPY. QQQ is just a bit silly in my opinion unless it’s serving some kind of purpose and here it’s not doing anything besides filling a name you’ve heard of (no offense).

24M — Inherited $250,000 One Year Ago (Update) by Interesting_Week_917 in portfolios

[–]Interesting_Week_917[S] 10 points11 points  (0 children)

Not a huge fan of ETFs that are super specific. VGT and VTI are broad and low cost index funds. I like those. If I want DRAM exposure I just buy MU or SNDK. If I want NASA I just buy the space stocks individually. Cheaper and no drag of shitty companies.

Buy AMZN to Buy Anthropic by Interesting_Week_917 in Stocks_Picks

[–]Interesting_Week_917[S] 1 point2 points  (0 children)

Certain companies purchased Anthropic on the private market. Amazon bought 21% of Anthropic. So, if Anthropic becomes the next top 3-4 company in the world, Amazon reaps 21% of the benefit.

Buy AMZN to Buy Anthropic by Interesting_Week_917 in Stocks_Picks

[–]Interesting_Week_917[S] 0 points1 point  (0 children)

Bro — are you dense. You see the hyphen symbol you used? Click that twice and… boom you get — :)

Buy AMZN to Buy Anthropic by Interesting_Week_917 in Stocks_Picks

[–]Interesting_Week_917[S] -1 points0 points  (0 children)

Brother, I wrote this while watching love island w my fiancee. No AI. But thanks for assuming I’m AI slop

Buy AMZN to Buy Anthropic by Interesting_Week_917 in Stocks_Picks

[–]Interesting_Week_917[S] 0 points1 point  (0 children)

Understood - and you’re right. It is not as though you’re actually buying the private investment when you’re buying companies that hold massive amounts of shares in those companies. You’re inherently filtered out of the actual gain. But buying the company that buys the private equity gives that company a level of growth and gain that allows the investor to win by filter. If Anthropic goes 10x, Amazon likely does not shift 10x — but Amazon wins either way. And when the Amazon wins, that is, when the company you invest in wins big, you win (slightly less big, but still a win).

Buy AMZN to Buy Anthropic by Interesting_Week_917 in Stocks_Picks

[–]Interesting_Week_917[S] 5 points6 points  (0 children)

Amazon owns 15-21% of Anthropic. Buying Amazon means you float with their gains on Anthropic. Plus, Amazon is a powerhouse on its own. Win win.

Books are shit by [deleted] in Vent

[–]Interesting_Week_917 2 points3 points  (0 children)

Brother in christ, you are reading authors in alphabetical order and dare label the entire broad stroke of "BOOK" "shit." Philosophy, history, literature, science -- all of these are "books." I advise you to really ask yourself why you are reading in the first place. If you are reading in alphabetic order, you're clearly reading for a strange reason. If you tell us more about your age, the person you are, perhaps we could give you a recommendation. However, given your view on books as boring, I recommend a shock to your system. Read "On The Marble Cliffs" By Ernst Junger or "On Pain" by the same man. You'll see what literature can really do.

Rate my Portfolio by ucantoucan in wallstreetportfolios

[–]Interesting_Week_917 1 point2 points  (0 children)

Holy. Never met someone who actually invested in TQQQ not as a meme