What do you think of Disney stock?

[war_daddy]

[BoopBoopBeep]

Got cut in half 3 years ago and may be starting it's climb back up. That said, it won't be recovering any time soon because they're hell bent on putting out shite product. Hold it long enough I'm sure you'll probably make some money but there are far more efficient wealth building tools out there than this turd.

[war_daddy]

like what?

[BoopBoopBeep]

Literally half the stock market.

Depends on your risk tolerance. Warrent Buffet is leaving all the money for his wife in SPY. If you don't know anything about investing, that's your best bet. If you want to leverage some but stay in the same underlying, there's SPXL or UPRO, USD consistently provides great return and has a 5yr CAGR of like 61% or something but comes with a high max drawdown of -73%, so you better have the stomach to make it through the swings. Last year it returned over 200%. TECL or TQQQ about the same. You could do 80% SPY and 10% cash and 10% SPXL for 110% exposure to S&P500 with 10% left over to buy the dips. I'd sell the SPXL when the 5day MA crosses under the 200 and use that to buy SPY though, then do the opposite when the trend reverses if you aren't able to DCA or just want to keep it a little more stable. You'll give up some gains there but should still beat the market heartily.

85% of my HSA is equal parts TQQQ, TECL, UPRO, QLD, SSO, SOXL, NVDA, FNGU, NTSX. The rest is in highly leveraged specialty or single stock funds and XXXX for 4x SP500.

Of course I'm just some smoothbrain on the internet so..."not financial advice"

[war_daddy]

ok but those look to be at peak valuations. disney is just starting to climb back

[BoopBoopBeep]

Ok... well check back in 6 months and see how disney compares to any of them. Disney took the most successful franchise in movie history and turned it into something that can't even break even. Their leadership is incompetent.

[strateguy632]

the film Strange World tanked at the box office and was estimated to lose around $147 million.

they are more interested in using entertainment to push certain agendas than for profit. even if they anger some customers. so bad investment.

in simple words go woke go broke.

[ChiTown33]

Unless you're holding it for the long term I wouldn't touch it. But that's me. DIS isn't even on my radar.

[war_daddy]

what stocks are you optimistic about?

[ChiTown33]

I'm not really buying anything ATM. I've bought a small amout of SIRI recently but I wouldn't say I'm excited about it. I was on a buying spree in in October. Back then I bought DHI, OXY, COF, BAC, C, HPQ, NVR and PARA. I was averaging down with PARA. I'm not buying anymore of it though. And I do regret that I didn't cash some of it in when it spiked in Dec. I still think PARA get bought so I do think it's still a good long term investment whether it gets sold straight out or chopped up. But I might be waiting a year (possibly more) to make my money.