koolgal
07:22
🌟🌟🌟After SpaceX 's amazing success in this IPO, I would choose $Invesco QQQ(QQQ)$ to get on the bus.  Why?   SpaceX would be fast tracked into the Nasdaq 100 index after just 15 days.  By choosing QQQ I would minimise my risk in buying SpaceX $SpaceX(SPCX)$ individually and provide diversification into my portfolio.

New IPOs especially SpaceX would be subject to big price swings and QQQ neutralises this single stock risk.

While SpaceX is an incredibly exciting stock now, it is also overbought and attracts the FOMO crowd.

I would much rather prefer the slow and steady win by QQQ due to the magic of compounding.

@Tiger_comments @Tiger_SG @TigerStars

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment