Who would’ve thought GME would outperform us all.
Year to date movement:
\- GME: +7 %
\- NFLX: +2 %
\- SP500: -8 %
\- APPL: -8 %
\- NVDA: -11 %
\- GOOGL: -13 %
\- META: -19 %
\- MSFT: -25 %
\- HOOD: -43 %
\- RDDT: -50 %
\- SNAP: -52 %
I’ve owned all of the above at various points in time but currently I am HIGH RISK HIGH REWARD minded and while it may be a foolish decision, I am long 40,000 shares SNAP and it is 100 % of my portfolio (and life savings).
My hope is once the SP500 recovers to a flat ie 0 % year to date state, SNAP will follow along and no longer be -52 % year to date but maybe -25 or -30 % year to date.
Worst case scenario SP500 makes it back to 0 and SNAP stays -50 or even lower. If that happens, well. At least I can say I was foolishly brave.