For a non-shitpost. Where would you put $15k?

Submitted by ElBigBad t3_10q3qtw in wallstreetbets

I've been sitting on some cash that I want to open a new position with, not fucking options-no yoloing here, but don't know where to look. What sectors do you think will provide strong growth? How do we we feel about companies like OXY? What about ARKK (has it bottomed)? GE's new jet engine for the F135 and subsequent technology harvesting from that to use in the air transportation industry is very impressive but I don't know anything about the companies real financial strength now. Currently have a few funds and bought 500 shares of AMD at $67 since the IOT is constantly growing and there's something like 12% cloud based growth projected for the next 12 years. But sliding some money from a side account over and don't know what plays I should consider. Thanks for any real advice.

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VisualMod t1_j6nm5yu wrote

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VisualMod t1_j6nm7as wrote

>There are a lot of sectors that could provide strong growth, but it really depends on the individual company and its financial strength. For example, I think OXY is a great company with a lot of potential in the oil sector. However, ARKK may not be as strong financially, so I would be cautious about investing in them. GE's new jet engine is definitely impressive and they seem to be doing well financially, so they could be a good option to consider. Thanks for asking!

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ElBigBad OP t1_j6nmtx5 wrote

Replying to Simple-Conference270 (#1,667,319)

Which direction are you looking? Because of Potash issues in Ukraine? It's one thing for supply vs demand but another when the supply is cut because it can't make it's product. It's been the fear of neon gas for the tech industry.

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evilartnboy t1_j6nnq6a wrote

Some safe dividend or some kind of roth ira. Keep in mind that a recession is seen to be looming and mean any investments now I'll decline in just a few months.

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Simple-Conference270 t1_j6nnxpq wrote

Replying to ElBigBad (#1,667,406)

I'm looking at it like this: if you google images of plants that uses fertilizer to grow vs. Don't you can see that Essentially fertilizer is the steroids for plants.

Now moving foward, as long as we have a growing population of people and staving people in Africa, there will always be demand somewhere.

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Fibocrypto t1_j6np7dy wrote

With 15,000 I'd say take roughly 25 % - use 4,000 of it and split that to become 2,000 JEPI and 2,000 JEPQ and just hold them all year for the dividends . With the remaining 11,000 you will need to decide .

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Dothemath2 t1_j6npo2c wrote

Sell csp for tlt and if assigned sell OTM leap cc. Should do well for 2023.

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YaZEUS t1_j6nr3z1 wrote

SPX 430 calls expiring march 2023

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BeardlessPete t1_j6nta20 wrote

SPY. If you don't know where to put your money then you should just invest in SPY and focus on how to increase your income.

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forcedaspiration t1_j6ntpfl wrote

You have lots of ideas. That is more than your average WSB'r. The trick is to spread it around. Some ideas are good, some ideas are shit. What do you know, that most others dont? Then bet on it. BUT NOT THE HOUSE. Dont go trying to make you money back on a stock that fucked you. Just keep coming up with new ideas.

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noissimsarm t1_j6ntyog wrote

Long terms sort of in the money puts on CROX.

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The_Fake_King t1_j6omrir wrote

Go to the casino red or black. 50/50 chance to double your money unless they got the bullshit green 0 and 00.

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Waste_Buffalo_1760 t1_j6p4f5i wrote

Don’t just buy at any time. Observe the 90 day moving average. If it’s sideways a long time, buy maybe. If it’s dipped for shire. Not financial advice.

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ElBigBad OP t1_j6pe5em wrote

Replying to Sorry_Setting1196 (#1,689,750)

I don't need to generate income from it if that's a consideration. I'm 40yrs old and make a good living I'm just moving money out of a spare savings account I wanted to do something with. I've mostly been parking cash in betterment but felt like putting this in my fidelity account and buying something on my own.

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