Stock market addiction

Be careful in the micro biotech space. I speak from experience. Veru has key treatments in stage 3 trial so if you get a big move up, I'd take profits since the price action is multiple expansion only (speculators) and not necessarily from the underlying business doing well. Most of ones capital should be in tried and true companies.

Ive been holding rocket labs since it was a spac and averaged around $11 a share. It shot up to $20 shortly after merger due to sales report, and managed to sell off a large portion of my shares at $19.. feels good. Its slowly falling, probably due to lock downs now tho.

I touched the sky guys $1,900 on my crypto. Now im down at 1,700. People have been dumping but im really just waiting for the price to stay consistently growing.

https://i.redd.it/ykgzeg7j7on71.jpg What goes up must.... ??? Is it going to is the real question.

Inflation doesn't stop, it only has different speeds in expansion. Essentially the Fed will guarantee we won't have another great depression which was a deflationary event where money ultimately gained purchasing power but unemployment was also very high so it was hard to earn. When the Fed began the process of normalizing more direct liquidity support in the market approximately 1933, the depression started slowly unwinding. What that means is be long inflation but have a gold hedge. No reason not to at least own one reputable gold miner. Being long in durable moaty business will always be a good option too. Secular growth trends and durable demand for consumer necessities are where I would look. If the company has high price sensitivity and consumer selection is plentiful, that puts pressure on pricing power which means execution on the underlying business matters more which means the price paid to own the company matters more too. TSLA used to have no competition in the EV space so it was allowed to dominate the market space and thus fetch an obscene premium ( and still does ).

I mainly play in tech stocks / high PE stocks (Who needs a proper portfolio, that's what my 401k is lol). Not a Cathy wood fanboy but I do agree with her ideologies. Also tesla still is dominating the market. Legacy auto makers won't stand a chance. All other companies are like 5 years behind in terms of software as well. I think tesla might sell their self driving software in the future tho.

Welp, after the market closed we are officially seeing a -1 on the DOW. Should I invest the 1 I have left into a different scratcher competitor or put it back into Wallet Hedge Funds? Decisions, decisions...

I'm going to play devils advocate and say that the best lottery to play, are the ones with the insane jackpot. Why? Let's start by saying the house always wins and you spending $1 for a chance at winning $5000 is never going to be a good investment. If it was, the lottery wouldn't exist. However, there is a consideration to be had for risk reward here just like in investing. That is, spending $1-2 (one ticket) in an attempt to win a few hundred million once a week is probably a worthwhile risk reward proposition because you need only one ticket for the drawing period to be eligible; where people go wrong is when they start spending $50, $100, $200 because they think it raises their odds in a linear fashion when it does not; the odds are always exactly the same on each ticket and you cannot spam/buy your way to wealth. $2 x 52 weeks x 60 years = $6240 in absolute unadjusted terms. Can you get a better return from the market with that money? Consider it takes money about 10 years on average to double. So your $104 dollars would become $208 on average in a decade. Is it worth spending $104 a year to try and win life changing money? Only with spare money after your expenses, and you should just write off the cost of the ticket like a commission charge in trading. The lottery requires almost no capital and no skill so the odds of being paid are almost zero. Index funds take no skill but lots of money and time. Individual stocks are higher risk but can potentially grow capital more quickly. Arbitrage is possible but difficult and exists because risk carries a demand for compensation.