The Saving Advice Forums - A classic personal finance community.

Fiverr Is My Newest Pick

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • corn18
    replied
    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:

    Click image for larger version  Name:	rick.jpg Views:	0 Size:	231.9 KB ID:	720664

    Leave a comment:


  • corn18
    replied
    Originally posted by Singuy View Post

    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.

    Leave a comment:


  • Singuy
    replied
    Originally posted by jeffmem View Post

    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!

    Leave a comment:


  • corn18
    replied
    10 yr over 1.6% again today, so growth stocks are taking a hit.

    Leave a comment:


  • jeffmem
    replied
    Originally posted by Singuy View Post
    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.

    Leave a comment:


  • LivingAlmostLarge
    replied
    Originally posted by Singuy View Post
    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.

    Leave a comment:


  • corn18
    replied
    Originally posted by Singuy View Post
    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.

    Leave a comment:


  • Singuy
    replied
    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.

    Leave a comment:


  • LivingAlmostLarge
    replied
    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

    Leave a comment:


  • disneysteve
    replied
    Originally posted by LivingAlmostLarge View Post
    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.

    Leave a comment:


  • LivingAlmostLarge
    replied
    I think I need to dump more in

    Leave a comment:


  • kork13
    replied
    Originally posted by LivingAlmostLarge View Post
    dang it I just bought it at $200
    Same, I picked up some more at $200/sh, with another order in to buy if it goes down further.

    Leave a comment:


  • LivingAlmostLarge
    replied
    dang it I just bought it at $200

    Leave a comment:


  • jeffmem
    replied
    155 is still quite bad. That would make it half it's high value in a very short time.

    Leave a comment:


  • corn18
    replied
    Originally posted by Singuy View Post

    If that was fvrrs 50 days moving average..

    200 days moving average is worst case and that number is 155.
    Yeah, that's a lot better.

    Leave a comment:

Working...
X