Quote:
Originally Posted by gonzo
Brave
I'm too old for bravery. S&P...set it and forget it. So nice and stress free.
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I hear ya. S&P 500 index funds make up a majority of my portfolio and it's done exceptional over the past 11 years. They will remain my primary investment vehicle. I'm a firm believer in S&P 500 index funds as the primary investment for most sub ~$3M portfolio investors.
This potential stock purchase is a bit of a "what the hell" type of thing I tend do with a small portion of my investment funds on occasion. Some failed (Ford, LKQ Corp.) and others have done well like Activision Blizzard and Sony. I fully expect the Rivian stock to drop a bit and perhaps even stay stagnant for a couple years but it's so cheap and I don't see the company folding.