The hot topics in the market right now undoubtedly include last week's listings of $Reddit(RDDT)$ and $Astera Labs, Inc.(ALAB)$ , as well as yesterday's completed acquisition of $Trump Media & Technology(DJT)$’s social media platform.
Despite soaring over 50%, there is significant controversy surrounding meme stocks.
Some argue that these three companies have yet to turn a profit, and their consecutive surges are unsustainable, with the potential to collapse at any moment like AMC or $Bed Bath & Beyond(BBBY)$.
However, users on WallStreetBets believe,
If WSB is a casino then looking into the fundamentals is counting cards, we don't do that here
lol we bought AMC during the pandemic when movie theaters were closed ….
If you are conservative, you might not touch these hot meme stocks and look at financials and fundamentals;
if you are impulsive investor, you might do trades by following your intuition, or fomo mindset
How do you classify yourself as an investor?
Impulsive or conservative?
Comments
Conservative investing, as an investment strategy, involves focusing on lower-risk, predictable and stable businesses, like almost all bank stocks. This strategy typically involves the purchase of blue-chip stocks and other low-risk investments. A conservative investing approach also means building a well-balanced portfolio gradually, over time.
Aggressive stocks, even aggressive stocks to buy are higher-risk investments that can potentially produce higher returns than more conservative stocks, but also have equal potential for bigger losses. As a general rule, we recommend that you limit aggressive stocks to a smaller part of your overall portfolio.
Aggressive stocks are typically more highly leveraged (with more debt) and volatile than value or conservative stocks, like almost all bank stocks, for example. That doesn't mean conservative investors should avoid aggressive stock investing all together. Even for conservative investors, there are very good reasons to add some aggressive stocks, in limited quantities to their portfolios.
Aggressive stocks typically don't have a secure hold on a growing market or at least the stable clientele that conservative stocks have. When something goes wrong with aggressive investments, conservative investors run the risk of serious, if not total, loss.
Personally, I am a little in aggressive investing, while still sticking to the general principles without over risking my portfolio. We may invest in more companies that are less well-established, compared to a conservative investor. But avoid loading up on penny stocks, recent new issues or any stocks that expose you to a serious risk of total loss. So I consider myself as a mix of 60% impulsive investors and 40% conservative investors.
@Tiger_comments @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion
I think have to be a combination of both.
am more towards conservative as it is always good to play it safe...
though at times,I have to be impulsive in order to let opportunities pass...
@Aqa @HelenJanet @koolgal @LMSunshine @rL @Universe宇宙 @GoodLife99 @Shyon @DiAngel @HelenJanet
How do you classify yourself as an investor?
Impulsive or conservative?
I am an impulsive investor who actively seeks out opportunities in the share market.
Whether or not you are a Trump supporter I knew intuitively that his supporters would rally behind him with his creation of his Trump Media & Technology Group including Truth Social under the ticker DJT.
Online investing forums like Reddit’s r/WallStreetBets are known to be breeding grounds for meme stocks. Normally, some small group of posters begin making memes of a stock they are buying. If the argument behind it is cogent or even just funny, the memes may provoke other retail investors to jump aboard.
$Trump Media & Technology(DJT)$
A quick entry and exit into this Meme ticker with only 4 shares purchased satisifed my risk appetite. All done within pre-trading hours. Cheers Donald Trump 😂
@icycrystal @Shyon @melson @MHh @DiAngel @LMSunshine @Aqa @rL @GoodLife99 @TigerGPT