Fiverr Is My Newest Pick

[LivingAlmostLarge]

I think I need to dump more in

[disneysteve]

I think I need to dump more in

It is very tempting but I think I'm going to resist. My stock allocation has gotten too high. Plus I use cash in my retirement account for trading so that taxes aren't an issue and I've managed to invest the cash I was sitting on.

[LivingAlmostLarge]

I bought more on this dip. I'm now in for about $140 for 600 shares. I am going to cash out of jets I think

[Singuy]

Qqq is looking to close above 314 today which is the resistance trend line. If this happens, this will signal the end of this tech correction. Very important number to watch as nothing else matters.

[corn18]

Qqq is looking to close above 314 today which is the resistance trend line. If this happens, this will signal the end of this tech correction. Very important number to watch as nothing else matters.

Looking good so far. I think as long as the 10 yr stays below 2%, the growth stocks will be ok.

[LivingAlmostLarge]

Qqq is looking to close above 314 today which is the resistance trend line. If this happens, this will signal the end of this tech correction. Very important number to watch as nothing else matters.

Ugh. I have a bunch of QQQ and TQQQ right now. I am stuck in taxable so I'm trying to eek out LTCG which is happening around 4/2....ugggh.

[jeffmem]

Qqq is looking to close above 314 today which is the resistance trend line. If this happens, this will signal the end of this tech correction. Very important number to watch as nothing else matters.

I was using your original number 319, which it did not close at, just shy, and today.... the market is down. So you were right the first time. I hope this is not the start of another dip.

[corn18]

10 yr over 1.6% again today, so growth stocks are taking a hit.

[Singuy]

I was using your original number 319, which it did not close at, just shy, and today.... the market is down. So you were right the first time. I hope this is not the start of another dip.

It's a resistance trend line, and because the nasdaq is bearish the trend line is trending down. So everyday it's a different number that's getting lower and lower. It was 319 last week but this week it was around 315 and now it's like 313.

So far qqq is not collapsing even though rates are going higher which is very bullish!

[corn18]

It's a resistance trend line, and because the nasdaq is bearish the trend line is trending down. So everyday it's a different number that's getting lower and lower. It was 319 last week but this week it was around 315 and now it's like 313.

So far qqq is not collapsing even though rates are going higher which is very bullish!

I agree. Everyone spazzed when the 10 yr hit 1.6% earlier this month. Seems they are more measured this time.

[corn18]

I met with a financial advisor a couple of years ago. We decided not to go with him because I did not see the benefit of paying a 1% AUM fee for something I could do myself. He has since left his megacorp firm and went off on his own. We met again last year and he pitched his new approach. I liked it, but wasn't ready to make a move because I was in the middle of separating from my company. That becomes official today. I have followed his portfolio, and I am intrigued with his approach. Had I invested my 60% stock allocation with him back in early 2019 when we met, I would have over twice as much for retirement now. I'm not a FOMO kind of guy, but I am thinking about moving some money over to him. I have $300k in my Roth accounts that is 100% total stock index funds. I should not ever need the money. I am considering turning that over to him and let it ride for the kids.

This is his stock / growth fund portfolio:

PLUG POWER INC. (XNAS:PLUG)

Fidelity Advisor Growth Opportunities Fund;I

American Funds SMALLCAP World Fund;F2

TESLA, INC. (XNAS:TSLA)

WORKHORSE GROUP INC. (XNAS:WKHS)

ZOOM VIDEO COMMUNICATIONS, INC. (XNAS:ZM)

WCM Focused Emerging Markets;Institutional

iShares:Core Div Growth (ARCXGRO)

ARK Innovation (ARCX:ARKK)

SOLAREDGE TECHNOLOGIES, INC. (XNAS:SEDG)

SQUARE, INC. (XNYS:SQ)

Federated Hermes Kaufmann Small Cap Fund;Inst

NANO DIMENSION LTD (XNAS:NNDM)

ARCIMOTO, INC. (XNAS:FUV)

Virgin Galactic Holdings, Inc. (XNYS:SPCE)

Pacer Bchmrk D&I RE SCTR (ARCX:SRVR)

NIO INC. (XNYS:NIO)

LORDSTOWN MOTORS CORP (XNAS:RIDE)

DANIMER SCIENTIFIC, INC. (XNYSNMR)

Li Auto Inc. (XNAS:LI)

XPENG INC. (XNYS:XPEV)

This is what the performance looks like:

[Singuy]

Damn that's a lot of EV stocks in that portfolio. I am bearish on every Chinese EV stock until proven otherwise. I think people are too bullish on any EV manufacturing stock right now because of Tesla. That's fundamentally wrong because they would only think other EV stocks having any kind of legs if they misunderstand why Tesla has so much strength.

[corn18]

Damn that's a lot of EV stocks in that portfolio. I am bearish on every Chinese EV stock until proven otherwise. I think people are too bullish on any EV manufacturing stock right now because of Tesla. That's fundamentally wrong because they would only think other EV stocks having any kind of legs if they misunderstand why Tesla has so much strength.

I would like to take more risk with my Roth, but I am completely incapable of doing it myself. I have a genius IQ but I am incapable of managing anything other than index funds.

[scfr]

That becomes official today.

Congrats!

[disneysteve]

I would like to take more risk with my Roth, but I am completely incapable of doing it myself. I have a genius IQ but I am incapable of managing anything other than index funds.

You can take more risk and still use index funds. There are 2,000 or so index funds out there. There are index funds that track all sorts of things including growth, value, tech, healthcare, and every other sector. You can take a more aggressive, growth-oriented position while still sticking to index funds (or ETFs).