Growth Stock Always!
#growthstock
As a conservative and long term investor, I will never go for a Meme stock. Playing with such stocks is extremely risky, and it is somewhat a form of gambling. Such stocks gain sudden hype on the social media, leading to rocket-high prices at a short span of time. And in the next moment, likely plunging way low, resulting in huge losses.
More importantly, the high stock price would probably be over-valued. Without the strong basic fundamentals of the company business and performance as a basis, the stock price would likely experience a drastic fall eventually. Well for me, it is like a ticking timebomb waiting to explode
As a conservative and long term investor, I will never go for a Meme stock. Playing with such stocks is extremely risky, and it is somewhat a form of gambling. Such stocks gain sudden hype on the social media, leading to rocket-high prices at a short span of time. And in the next moment, likely plunging way low, resulting in huge losses.
More importantly, the high stock price would probably be over-valued. Without the strong basic fundamentals of the company business and performance as a basis, the stock price would likely experience a drastic fall eventually. Well for me, it is like a ticking timebomb waiting to explode
To be able to make a fortune from Meme stocks, one has to have the ability to time the market (which is quite impossible); to buy and exit at the right point. This comes with a lot of luck and time spent monitoring the stock! I would definitely not be able to sleep in peace and carry on my daily life stressfree.
Therefore, I will focus on growth stocks that provide returns through a longer stretch of time with strong company performance and business fundamentals.
$Shopify (SHOP.US)$
$NIO Inc (NIO.US)$
$Meta Platforms (FB.US)$
$Amazon (AMZN.US)$
$Ford Motor (F.US)$
Build your Wealth through Prudence
Therefore, I will focus on growth stocks that provide returns through a longer stretch of time with strong company performance and business fundamentals.
$Shopify (SHOP.US)$
$NIO Inc (NIO.US)$
$Meta Platforms (FB.US)$
$Amazon (AMZN.US)$
$Ford Motor (F.US)$
Build your Wealth through Prudence
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Winner takes all : which none meme stock not going down?
LeroyAng : Thanks for sharing
AlfonsoDex OP Winner takes all : Hi, l am segregating the nature of the meme vs growth stocks, and the potential trend that might likely come with it. My sharing is based on my suited mode of investment against that nature. No stocks don't rise and fall, but the tendency of fluctuations and risk level differ between the two.
Pochong : Lol Boomer~