Like for your stock to go up :-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Mrckjh
2021-06-09

Like for your stock to go up :)

As Clover Health joins the ‘meme stock’ trend, here’s what investors need to watch out for

Individual investors glued to social media helped push the shares of one new company name —Clover He

As Clover Health joins the ‘meme stock’ trend, here’s what investors need to watch out for

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By identifying which investments belong to which goals, you can avoid that.“Unfortunately, many people criticize those who are playing something short-term,” Kinahan said. “It’s OK to play some stuff short term, but it shouldn’t be a huge part of your portfolio.”Build a portfolio that reflects your needsWhen thinking of your time horizon, match your investments to your goals.Allow 5% to 10% of your portfolio to shorter-term investment plays if you enjoy being in them, Kinahan said.Just keep the money you want to be there for you long-term in investments where you understand the businesses and how they make money, and perhaps pay dividends, he said.Have an exit strategyMeme stocks have had their ups and downs.Yet, according to TD Ameritrade’s Investor Movement Index for May, other companies were more highly traded.Names that were frequently bought in the four-week period ending May 28 includedAdvanced Micro Devices,Apple,AirBnB,DraftKings,Ford Motor,Microsoft,TeslaandWalt Disney.Companies that TD Ameritrade clients tended to sell includeModerna,Nokia,Pfizer,WalmartandWells Fargo.The latest meme stock trend did not pick up until around Memorial Day. 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