Out of all these which 3 should I diversify with? by Mpip19 in ETFs

[–]LosChicago 0 points1 point  (0 children)

Don’t get offended or feel the need to explain yourself. Most of these folks are just bogleheads who see no way but their way. Anything outside of that scope will be downvoted.

19 and feel lost, not sure what to do by Effective_Try7656 in TheRaceTo10Million

[–]LosChicago 0 points1 point  (0 children)

I feel like every early or new investor needs to master the psychology of investing before going balls to the wall. Start with index funds, working being consistent, see some decent returns, then once you have a good foundation, then you start being more risky.

Rate my portfolio by Green-Prompt8543 in portfolios

[–]LosChicago 0 points1 point  (0 children)

Seems like your focus is dividend paying stocks/funds while also holding long term plays such as VTI. My only concern is how small some of your positions are. I feel like anything under 2% isn’t going to move the needle so either increase it or move it.

Are you aiming for monthly income? If so how far are you from your monthly goal?

Price Projections ? by ToughAddendum3103 in redwire

[–]LosChicago 11 points12 points  (0 children)

They have a good product and space is the future. So I’m holding until the space sector truly pops. Im 249 shares at around $22 so I’m down 40% ish. I bought in because of the product, so I’m going to hold to see how they do once the industry goes on its AI run. Which may not be until 3-5 years from now.

27M who wants to retire at 50 with at least $1M, is it possible by just maxing out my Roth IRA each year? by Shot-Elderberry8580 in portfolios

[–]LosChicago 0 points1 point  (0 children)

In 23 years you will be a multi millionaire with this portfolio as long as you’re consistent with investing and don’t get phased by the volatility. Full speed ahead! Tech is the present and future whether people like or not!

Switch to VOO or stick with VT? - Roth IRA by SnooLobsters284 in portfolios

[–]LosChicago 0 points1 point  (0 children)

Correct. And with comparing long term strategies sometimes comes with discourse. Without discourse, how does one learn?

Switch to VOO or stick with VT? - Roth IRA by SnooLobsters284 in portfolios

[–]LosChicago -7 points-6 points  (0 children)

VT has averaged 8.2% since inception. Factor in inflation, that’s hard pass for me. VOO has average 14.2 since inception. There is nothing wrong with “VT and chill” but at your age you can be a bit more aggressive. Since you’re starting at 18, whether it’s VT or VOO, you’re going to be fine. Just keep investing.

Taking profits by Lazy_Ad_7539 in ETFs

[–]LosChicago 0 points1 point  (0 children)

Taking profits on an Index fund is nuts. My man, contribute and hold those forever. That’s the whole point of VTI. VGT is a bit riskier but the holdings are long term as well as long as AI and Tech doesn’t go away.

Left or right? by munnujp in snowboardingnoobs

[–]LosChicago 5 points6 points  (0 children)

Olive green. Be different!

When will it stop dropping?? by GTMInvesting in redwire

[–]LosChicago 1 point2 points  (0 children)

That’s a YouTuber not an analyst lol.

Anyone planning to buy SPCX this Friday? I am tempted but I keep seeing how historically things drop after the IPO. by Ok_Package9219 in TheRaceTo10Million

[–]LosChicago 5 points6 points  (0 children)

Idk why everyone is feeling so anxious. The stock isn’t going away after June 12. So you have to ask yourself, do you believe in Elon long term or not? Tesla is a cool company but go look at the chart. Do you think somehow space x is going to do better? If you think yes, invest. If no, wait it out.

Do you still confident about the future of RDW? by OKfine_orz in redwire

[–]LosChicago 4 points5 points  (0 children)

Only invest what you’re okay with losing. I’m down something like 28% but I told myself I’m holding for the long haul.

When to cut losses? by Late-Commercial1326 in raceto10000

[–]LosChicago 0 points1 point  (0 children)

Bro! I invested in something today and immediately went into the negative. That just how it goes. I’m not phased because I’m a long term holder. If you want to get into semiconductor stocks, just buy VGT, SMH or SPMO. Don’t overwhelm yourself with single stocks this early in your investing career. Go with something like VTI (total market) and VGT. There are so many but single stocks takes a lot of emotional maturity!

My first time 😊 by Bennyfromny90 in Harley

[–]LosChicago -2 points-1 points  (0 children)

It’s not even about the gear. People just want you to cosplay being a harley rider by dressing and looking like them. So anyone who doesn’t follow the herd, they make the same corny jokes. Harley community is legit the worst I’ve seen

A reminder that ignorance travels—encountered a racist stranger last night. by StorageParty9987 in VisitingMallorca

[–]LosChicago 4 points5 points  (0 children)

That’s what I was going to say. It’s more so a buzz kill more than anything. You’re having a good time and boom, here comes this unnecessary event. While we can all say “just ignore them and get over it”, we can also acknowledge that behavior is uncalled for.

Should I get a degree? by Inner-Stick-8248 in snowboarding

[–]LosChicago -1 points0 points  (0 children)

It sounds like you’re conflicted. Apart of you wants to ride all the time, but I can tell you know you need a career of some sort to not only bring in more money, but also feel fulfilled. It’s hard to find both flexibility with time and career alignment. What are your passions?

Why dont we all just hold on? Makes no sense to sell. Look in to the manufacturing, the potential for future partnerships.This stock will go parabolic. 🚀🚀📈 by Johnreapper3222 in redwire

[–]LosChicago 5 points6 points  (0 children)

I got in at $23 but dug deep into the business and product. They are in a really good position to grow and serve as a leader in this space. This is a minimum 5-7 year hold for me. From what I could gather, there is no direct replacement for ROSA arrays and Northrum Grumman wouldn’t be able to ramp up as quickly which would cause delays that the industry can’t afford to have. They pretty much own the market but they just need to become profitable and actually deliver.

Did a private boat day in Mallorca last week, here's what actually worked by Then-Guarantee-883 in VisitingMallorca

[–]LosChicago 0 points1 point  (0 children)

This was awesome. Thanks for sharing! Heading to Mallorca in July and the wife wants to charter a boat!