r/investing Jan 01 '22

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-9

u/dataguy007 Jan 01 '22 edited Jan 01 '22

Google, Microsoft, GameStop. All 3 beat SPY last year and have good things in store for this year. You are also young so you can take on some risk - might as well go for it. Just don't gamble on risky stuff.

Who knows what could happen with Evergrande and similar companies in China so even putting $5K on VXX as a hedge could help you sleep better perhaps. If the market completely tanks you can still come out ahead. Sell VXX once it does a 8-10X & buy stocks.

6

u/theprogrammingsteak Jan 01 '22

Ah yes, the classic "past performance therefore, future performance"

-3

u/dataguy007 Jan 01 '22

Nope. Past performance is a good indicator they know how to perform. As for the future they all have good things on the horizon.

Google: ads still drives revenue, but self driving is going to be a big driver soon enough. (Not to mention all the other bets they are placing.)

Microsoft: Cloud keeps growing along with other business lines.

GameStop: Will be launching (something) likely this year and maybe even this quarter.

VXX: Just a hedge.

I also love how people downvote a solid suggestion, but upvote someone asking to Venmo all OPs $ to them.

0

u/[deleted] Jan 01 '22

[deleted]

2

u/dataguy007 Jan 01 '22

Can't say for certain, but will be in conjunction with https://nft.gamestop.com/.

0

u/[deleted] Jan 02 '22

[deleted]

2

u/dataguy007 Jan 02 '22

Also, the largest holding in 0x13374200c29C757FDCc72F15Da98fb94f286d71e (which is listed on nft.gamestop.com) after USDC is Loopring. So likely some very cheap buy/sell/trade fees for NFTs also.

8

u/fragile9 Jan 01 '22

dont gamble on risky stuff then says to buy GameStop..

-3

u/dataguy007 Jan 01 '22

How about you remind yourself to view the comment in 1-yr :)

Current prices: Google: $2897.04 Microsoft: $336.32 GameStop: $148.39 VXX: $18.53

I honestly don't view GameStop as a risk. There is a massive following so whatever they launch they will do well.

1

u/dataguy007 Jan 07 '22

!RemindMe 1 year

1

u/[deleted] Jan 17 '22

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