| | | I am in Sofi, decent representation. Do believe in diversification.
I was out of the markets for a long time, various reasons, one being too busy at work. Got back in after I retired, with gambling money. Before I got back in I did some soul searching, like ask myself why I had not bot some stocks like Apple, Google, Amazon, Msoft, Nividia, at earlier points in time, and stayed with them. I concluded I did not do enough reading and pondering about the future. Kind of like the EV conundrum? So now I research and ponder more. And think positive.
So Sofi is a 5 star stock for me, i.e. one I plan to say with and nurture. Only 5 star I have now. And if possible 'trade up', and at the appropriate times trade out and sit on sideline. I recently completed some Excel exercises, to gauge the effects of 'trading up', on stock in a long up trend. The compounding effect is quite profound. Trading up not necessarily as easy as it sounds, but is possible.
If you go back far enough you will note I was in Sofi and recommended it before 'some others'.
Some in the investment community are saying Sofi will become the next Amazon of finance, which I think possible. They are modern, well led, totally online (efficient), and situated in one of the biggest market areas of the world. They have beaten their forecasts steadily, and are increasing members at a nice rate. Offer full services, including investing, and I suspect they may go into the commercial areas, to compete in investment banking. Their head has GS experience. He knows the ropes and has put a fair chunk of his own private money into Sofi. All good vibes.
I have some 5 dollar shares, missed an op recently to trade up. Added a bunch a bit below 7.
Currently just starting a 3rd wave up, I think Sofi may climb into mid summer, on a long and maybe a bit choppy run. So presently hanging on, yet always watching for a trade up op.
ajtj made comment a while back, I liked. Message 34508740
Following my astro chit and cycles .... three ~ dates coming up: 1/7, 1/18, and 2/5. Yet it does not look to me like Sofi is ready to seriously correct, don't want to trade down.
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