Portfolio popped off, what do I do

[rand anon]

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What should I do with PLTR and TSLA

Not sure if I'm gonna get decent advice from here but lets see I'm way up on TSLA and decently up on PLTR. I won't say what my avg is for TSLA but I bought it relatively low, for PLTR my avg is around the twenties. Anyways, I got greedy and didn't sell TSLA when it hit it's all time high. It...

looksmax.org

Anyways, they both popped off and my portfolio is almost at its ATH. What should I do, genuinely asking for advice here. I’m not rich to begin with, my folks and I are saving up for a house. Rn if I sold off my portfolio I’d have enough for a somewhat decent down payment. If I hold on though I just might be able to by a house in full. Should I just wait till Trump gets in office? What if they drop after that? Another option is to sell covered calls on TSLA and PLTR but I’m just scared of fucking up and losing my shares.

I could prob ask a financial advisor but they’d prob just tell me to secure profits and sell, someone pls help

 

[Deleted member 83942]

Prev thread

What should I do with PLTR and TSLA

Not sure if I'm gonna get decent advice from here but lets see I'm way up on TSLA and decently up on PLTR. I won't say what my avg is for TSLA but I bought it relatively low, for PLTR my avg is around the twenties. Anyways, I got greedy and didn't sell TSLA when it hit it's all time high. It...

looksmax.org

Anyways, they both popped off and my portfolio is almost at its ATH. What should I do, genuinely asking for advice here. I’m not rich to begin with, my folks and I are saving up for a house. Rn if I sold off my portfolio I’d have enough for a somewhat decent down payment. If I hold on though I just might be able to by a house in full. Should I just wait till Trump gets in office? What if they drop after that? Another option is to sell covered calls on TSLA and PLTR but I’m just scared of fucking up and losing my shares.

I could prob ask a financial advisor but they’d prob just tell me to secure profits and sell, someone pls help

cash app me all your profits trust

 

[rand anon]

@RICHCELDOM

 

[StarvedEpi]

i think the us economy is going to go to shit under trump

 

[rand anon]

@SecularIslamist

@Chinacurry thoughts? U said u sold off ur shares. What should I do, ik ur a richcel so I’d appreciate ur insight, can show my robinhood too if needed

 

[rand anon]

i think the us economy is going to go to shit under trump

The stock market was bussin last time he was in office

 

[Tenzen Thenziro]

Hold until 2025 on Palantir, i will be doing the same thing

 

[Deleted member 76351]

@RICHCELDOM

before you enter anything you should have your take profit zones and also a plan if things do not go your way. I'm bullish on TSLA long term personally. I don't know how much you got and what risk you want to take but you can also always shave off the position and secure enough for your goals? there isn't really a right or wrong but taking some profits is never wrong.

 

[SecularIslamist]

@SecularIslamist

@Chinacurry thoughts? U said u sold off ur shares. What should I do, ik ur a richcel so I’d appreciate ur insight, can show my robinhood too if needed

I'm an absolutely permabear I've told you lol. Idk about those two particulars shares.

But I'll give some general thoughts on this Trump pump. Tbh I thought his election was priced although he was the candidate apparently 'good' for markers. Maybe for small business but I really don't know why. His hawkish on China and even the EU (I think European automakers dipped on his election). His tariff policy caused a dip back in 2018. Also he'll give Israel a blank check to be more hawkish which could affect Iran and therefore oil prices.

Not to mention Trump himself has said markets are overvalued and would like to see it crash before the election earlier this year.

 

[rand anon]

before you enter anything you should have your take profit zones and also a plan if things do not go your way

I never planned any of this, I was just slowly buying them before the pandemic and then when the market crashed I dca’d hard

 

[StarvedEpi]

The stock market was bussin last time he was in office

becuase he deregulates big companies and makes tax breaks for them and big income earners. trust me him cutting regulations, public spending and taxes for companies and high income earners is not effective long term for the stock market or short term for making everyday peoples lives better.
in Australia we had a similar situation in the 2013 where a conservative politician promised less spending, regulations and taxes but got us in a even bigger budget deficit and made us fall behind in multiple categories. trumps a con man who going to suck up to dictators, the super rich and Israel

 

[rand anon]

before you enter anything you should have your take profit zones and also a plan if things do not go your way. I'm bullish on TSLA long term personally. I don't know how much you got and what risk you want to take but you can also always shave off the position and secure enough for your goals? there isn't really a right or wrong but taking some profits is never wrong.

I don’t wanna say specifically but my initial capital is like the price of a new car. It would suck but I’m okay with not taking it out if it means I can buy a fully paid off house down the line. That’s what I’m trying to decide, if I sell now I’ll just hve enough for a down payment

 

[rand anon]

I'm an absolutely permabear I've told you lol. Idk about those two particulars shares.

But I'll give some general thoughts on this Trump pump. Tbh I thought his election was priced although he was the candidate apparently 'good' for markers. Maybe for small business but I really don't know why. His hawkish on China and even the EU (I think European automakers dipped on his election). His tariff policy caused a dip back in 2018. Also he'll give Israel a blank check to be more hawkish which could affect Iran and therefore oil prices.

Not to mention Trump himself has said markets are overvalued and would like to see it crash before the election earlier this year.

I see, the reason why I feel like these stocks are different is cause these stocks are tied to Trump. Elon is prob gonna be in his cabinet and Peter thiel is also a major donor

 

[rand anon]

becuase he deregulates big companies and makes tax breaks for them and big income earners. trust me him cutting regulations, public spending and taxes for companies and high income earners is not effective long term for the stock market or short term for making everyday peoples lives better.
in Australia we had a similar situation in the 2013 where a conservative politician promised less spending, regulations and taxes but go us in a even bigger budget deficit and made us fall behind in multiple categories. trumps a con man who going to suck up to dictators, the super rich and Israel

I don’t disagree with most of that. It isn’t relevant to me though. I’m trying to make money in the stock market rn

 

[Chinacurry]

@SecularIslamist

@Chinacurry thoughts? U said u sold off ur shares. What should I do, ik ur a richcel so I’d appreciate ur insight, can show my robinhood too if needed

Didn't sell off, I averaged out enough to cover my initial.

Tbh I wouldn't over think because there are too many variables. Maybe average out and de risk a bit cos it's all way too frothy right now