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Forum » Should I throw $10k into Robinhood stocks
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Thread: Should I throw $10k into Robinhood stocks

post 1696327673 01-13-2024, 01:05 PM
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  1. PShift5
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Should I throw $10k into Robinhood stocks

I have $10k savings just sitting in my bank should I start investing in ev charging manufacturers or some borderline penny stock like Fisker sick of seeing $10k just sitting in savings and being a broke guy
post 1696327703 01-13-2024, 01:05 PM
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  1. swolefnatic
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Put it all on Tesla if you want to be billionaire by 2030
"It is easier to find men who will volunteer to die, than to find those who are willing to endure pain with patience."

- Julius Caesar
post 1696327763 01-13-2024, 01:06 PM
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I dont see why not. The russian mobsters who run that site could use a nice vacation.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
post 1696327813 01-13-2024, 01:08 PM
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Originally Posted By swolefnatic⏩
Put it all on Tesla if you want to be billionaire by 2030
I can barely buy any of those with $10k price is too high to become millionaire on it
post 1696327853 01-13-2024, 01:09 PM
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Originally Posted By crupiea⏩
I dont see why not. The russian mobsters who run that site could use a nice vacation.
Unaware
post 1696328403 01-13-2024, 01:21 PM
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  1. Destor
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Rivian and Lucid are both down big time from their highs but these are not without risk, if a company goes Chapter 11 then common shareholders generally (or always?) get wiped out

Rivian has backing from Amazon and Lucid is supported by the Saudis, but that still doesn’t preclude the possibility of filing for bankruptcy no or selling more stock

Risks:
-Interest rates need to stay higher for even longer
-Valuation still remains too rich for an auto company

but if they stay solvent until the next speculative run, they could shoot back up. I’d be looking at their cash flow, how much $$$ they have on hand, risk of selling more stock and further dilution
post 1696328443 01-13-2024, 01:22 PM
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Why robinhood? Just use a major brokerage
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post 1696328623 01-13-2024, 01:28 PM
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Originally Posted By Destor⏩
Rivian and Lucid are both down big time from their highs but these are not without risk, if a company goes Chapter 11 then common shareholders generally (or always?) get wiped out

Rivian has backing from Amazon and Lucid is supported by the Saudis, but that still doesn’t preclude the possibility of filing for bankruptcy no or selling more stock

Risks:
-Interest rates need to stay higher for even longer
-Valuation still remains too rich for an auto company

but if they stay solvent until the next speculative run, they could shoot back up. I’d be looking at their cash flow, how much $$$ they have on hand, risk of selling more stock and further dilution
Rivian is on the path to profitability. Rock solid team and leadership. As they scale, their stock will gain value accordingly. Lucid on the other hand has a nice product, but they're in a world of hurt even with Saudi backing.
Your schtick sucks and it screams insecurity.
post 1696328633 01-13-2024, 01:28 PM
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  1. MetroBrah
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Max out your IRA man. buy VTI
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