To The Moon

FOMO ETF-Did you know this is an actual ETF???

Dear 🐯 Friends,

Today I thought I might just post something interesting (quiz on what’s your risk tolerance) & funny for a change since my last few posts have to been rather proper & contemplative 😅 We shall have some laughter amidst waiting for our 🛑 portfolio to turn ✅ While writing my post yesterday for Daily Discussions, I realised that Tiger app suggested a FOMO stock & I was like…"Erm…seriously is there such a stock?" So I went to my best friend-GOOGLE & to my amazement, there REALLY is an ETF named FOMO 😆😂🤣 Below is some interesting facts about FOMO. Please remember to like my post after 😆Thanks loads 🤗

ETF PROFILE: FOMO is an actively-managed fund that seeks long term capital appreciation by holding all-cap equities, SPACs, fixed income ETFs, volatility and inverse volatility ETFs and ETNs, and leveraged and inverse products.

➡️ FOMO, from the phrase “Fear of Missing Out”, bets on the concept of investing in areas of the market that are currently in favor by retail and individual investors or currently trending, thus, avoiding “FOMO” ⁉️

➡️ This means that the fund can shift exposure to whatever happens to be trending at the time. In doing so, the fund utilizes a proprietary tactical model that evaluates market trends in various asset classes across different time frames.

😉 FUN FACT: FOMO is actually rated as better than 90% of ETFs (see photos)

I won’t buy this ETF as SPACs are beyond my risk tolerance now 🤓

What is Risk Tolerance?

➡️ Risk tolerance is a measure of how much of a loss an investor is willing to endure within their portfolio.

➡️ It considers how much market risk—stock volatility, stock market swings, economic or political events, regulatory, or interest rate changes—an investor can tolerate, considering that all of these factors might cause their portfolio to slide.

What is Your Risk Tolerance?

➡️ https://njaes.rutgers.edu/money/assessment-tools/investment-risk-tolerance-quiz.pdf

Have some fun & get to know yourself better [Grin] [Eye] Fill in this short 5mins quiz to find out what’s your risk tolerance. Share your result & what’s your portfolio like in the comments!

I have a score of 27 indicating that I have an average/moderate risk tolerance. Quite accurate 🎯 I have a portfolio of 70% safe stocks & ETF & 30% riskier stocks.

@TigerStars@Daily_Discussion