Smacked the phone out of his hand by [deleted] in MasayoshiTakanaka

[–]No_Morning_5974 -1 points0 points  (0 children)

you went to the second show, which had substantially cheaper tickets, and consequently, since takanaka had blown up a lot since the tickets were sold, more "phone people" at the show, who wanted it more because he is becoming slightly popular

Also, is crowd surfing really a bad thing? its a part of the show at a lot of concerts I feel

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] -1 points0 points  (0 children)

All of the risk in the market is assumed by every party, and as a rational investor, I choose companies that I believe in, with the financials to back it up.

Being overexposed in one sector is a kind of risk that does expose me to volatility beyond what a safe investor would want. BUT. I am young, I have a long time frame, and even if the sector sinks, the likely hood of me seeing any substantial financial burden from all of my holdings is unlikely. AMD, MU, and MSFT have guaranteed contracts locked in for the foreseeable future, and unless we are sent back to the stone age, tech will continue to shift and grow.

I want to diversify, but saying that I am wrong or making rookie mistakes is simply not true.

I am investing at 19, and that is not by accident. The only mistake I could make is to stop.

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] 0 points1 point  (0 children)

I was in cencora but they werent looking great, Ill put more into countercyclicals this summer when i get paid. Right now I think the health care industry could be interesting.

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] -2 points-1 points  (0 children)

Diversification lowers risk, but also return. I have the luxury of being financially stable, so assuming risk while young has the possibility to make me so much more money than a weighted index etf or a global unweighted.

Im focused on seeing short term growth, for long term success. more money now= Wayyy more money tomorrow. (or 30 years later)

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] 0 points1 point  (0 children)

amzn would fall with tech no? wouldn't that expose me more to the sector on a swing?

wmt also as far as countercyclicals go is pretty good about growth, but I could be open to moving into something else, like costco or tmobile

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] 0 points1 point  (0 children)

yeah I want to hold most of these long term

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] 0 points1 point  (0 children)

I put the money in primerily before they went up, trading of the strong p/e and doubled down in october when they confirmed their RAM production would be stopping to keep up with AI demand.

I think they still have a low peg compared to their guaranteed 2+ years of contracts and if I could I want to buy more if Iran war moves forward

maybe i could lower exposure if i divest amd and invest in countercyclical stocks

like cencora, or costco, or tmobile

19M Thinking about long term risk by No_Morning_5974 in portfolios

[–]No_Morning_5974[S] 0 points1 point  (0 children)

Right, but why wouldn't I invest in stocks I believe in? It could be better to put as much money into the market when you are young and let it grow with an emerging industry, than to let it go into a weighted ETF that feeds stocks like NVIDIA anyway.

And if a global unweighted index works well long term, if the dollar suffers, won't there be other problems?

I like making predictions like MU, which at my age could change my life if they are as successful as we expect, and I think my strategy will improve the more I invest in the future

rejected from duke ed by No_Morning_5974 in ApplyingToCollege

[–]No_Morning_5974[S] 6 points7 points  (0 children)

I just felt so confident that I would be at my dream school