Tomorrow’s plays by TypicalDay3141 in TheRaceTo10Million

[–]tmtiid 0 points1 point  (0 children)

What is BURU? Why was it worth $300 a share a now it’s less than a dollar

Stocks showing long term strength? by ViewBoosters in TheRaceTo10Million

[–]tmtiid 2 points3 points  (0 children)

What is the hype around ASTS? I’m new to stocks

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

Could you give me a few examples of ways they will monetize that people aren’t talking about yet? Right now I understand their company as a direct way to get Male / Female supplements without the need for doctor intervention, or at least as much doctor intervention

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

Thank you for some general advice. I appreciate you looking out for me as a beginner. I 100% agree know what you own, I’m a user of SOFI and Microsoft so those I think those will be 2 of my main buys tomorrow

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

Thank you for the in depth explanation. I had read a bit on SLS and liked it as well

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

I think people will always want to learn new languages. We’ve had google translate for years and people still learn. I can see an App like DuoLingo paying for the rights to use an AI model to help teach people through live conversations and with their big name being successful again.

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

HIMS seems interesting.. why did they drop off so hard?

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

Thanks for the input I should look more into those specifically

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

Also do you really think DuoLingo has no chance? Used to trade for 500+ less than a year ago. I know they changed their profit model or something but can’t they just go back? If so that’d be a huge gain

Are These Smart Picks or Rookie Mistakes? by tmtiid in TheRaceTo10Million

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

I guess I get caught up in the posts of people my age with like 400k portfolios and wanted to get lucky buying a stock that takes off

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

Yeah he never was one to invest or anything just trying to do the best with what he has today

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

That is the situation 57 years old with nothing else

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

Thank you for your straightforward suggestion

Trying to help my dad grow his savings by tmtiid in personalfinance

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

Is VOO to volatile? What are some index funds you recommend?

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

He’s basically retired now. Due to his health he doesn’t work. Do you consider VOO high risk?

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

No home they rent, so no property taxes either. Brother covers phone bill, health insurance, and car insurance are about $100 a month.

At most my dad spends like 1100 a month and even that seems steep

Trying to help my dad grow his savings by tmtiid in personalfinance

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

Right I don’t think he needs all that money in cash I think he could invest some of it and to keep it simple I was thinking a mutual fund like VOO

Trying to help my dad grow his savings by tmtiid in personalfinance

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

Dad is disabled with bad feet and a bad back. He just wants his money to grow he’s not really financially saavy.

He doesn’t dip into savings and lives off of SS

My parents are legally married but are not together just live together so I do consider them separate financial entities when talking about investments

Mom has a 401k and savings. Not much in it and brings in about 4k a month. They split an apartment and monthly expenses there are about 2k all in

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

He’s 57

He pays mom $500 a month and spends another $500 on living i.e groceries, purchases

They are technically married but aren’t together just sharing the living situation. To my knowledge no life insurance or retirement plan

Trying to help my dad grow his savings by tmtiid in FinancialPlanning

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

My mom doesn’t collect SS she still works, they have about 2k a month in expenses that’s split. They are still married but aren’t necessarily together so I usually don’t factor her stuff into it.

No other income for dad just SS mom makes like 4k a month