Daily General Discussion and Advice Thread - June 06, 2026
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Yes, I second that. The only condition is if the manager says, I will take 1% over what QQQ give i.e. 15-16%. If I dont give >16%, then, I dont take any fees.
Does someone even do this ?
So I am intrigued by the space x ipo. Though I’m just a micro investor for fun. I have a 401 technically in two well proven companies from work. So this is more fun money. Basically it was buy on public what beer money would have been small. I am intrigued in space travel and bio medicals futures. Is space X more risky because it doesn’t, and in the same breath grok do not turn a profit will the stock become more risky? Again we are talking about just throwing non life changing cash that if it goes to zero is not a big deal. Most of my cash on micro investing is in honestly just boring blue chips which I like.
As for Musk, I’m honestly indifferent. I have LMD stock, so someone or an enterprise being evil is not a major concern.
Honestly I am more interested in neural link and that sector more. Though this is up first. I believe in the hope to escape earth through whom does it is up to proof.
Sorry for the rant, just curious to get information from people who are more invested in the day to day and have smarter insights.
The time to get in will probably be 1-4 months after all the hype dies. Things usually dip after an ipo. There are too many variables. It’s highly risky. That said, I do think the stock will probably go bananas for a couple weeks. I’m staying out of it but will probably be indirectly impacted by my index account
Thank you seriously for the more rational reply. That makes sense. Equilibrium will happen after the hype. I assume it has been pumped to the gills to the larger investors. Then when it doesn’t hit unrealistic goals in 90 days or so there will be a dump. Makes sense honestly.
Side note, I’m running a small sleeve of 20-40
Shares of rocket lab and asts to ride this hype. Both companies are at a slight discount and probably worth the week long ride. Rocket lab has a better long term forecast
Being skeptical of a brand-new celebrity-endorsed ETF is the right instinct. Without knowing the exact holdings, celebrity-backed ETFs generally come with higher expense ratios (often 0.50-0.75% vs 0.03% for VTI) and zero track record. The slight dip since launch is almost certainly noise — new ETFs can take months to build their positions efficiently. The bigger question is what the strategy actually is under the hood. If it's a concentrated large-cap growth fund with a fancy name, you can get the same exposure from SCHG or VUG at a fraction of the cost. If your dad likes Suze Orman's philosophy, have him check the prospectus and compare the expense ratio and holdings to a low-cost broad market fund first.
Stupid ass bot can't even look up the actual information
should I be buying right now? I have like $5, do i just put that into VOO?
Only if the investing platform doesn't offer index mutual funds or a taxable brokerage account (ETFs are better there). Examples: SoFi, Robinhood, M1 Finance, and Webull.
For a Roth IRA with Fidelity or Charles Schwab: Either Fidelity's FXAIX or Schwab's SWPPX. With the stock market crashing, it is a great time to buy if you plan on retiring in 20+ years.
I just downloaded Robinhood, so that one doesn't offer index mutual funds? so if im using Rhood, I should just put it into ETFs right?
Or since the stock market is crashing, I should buy single stocks cause I will get bigger gains on the rise? Sorry for a whole bunch of questions, I literally just started this weekend.
Yes for ETFs on Robinhood.
After building up emergency funds in a 3% interest savings account, make sure you start with the Roth IRA investing first (if eligible). Then taxable brokerage account 2nd.
Most people are eligible for a Roth IRA. You just need to earn less than $153k per year as a single tax filer.

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