systemfive t1_j1y0u47 wrote on December 28, 2022 at 5:55 AM

Reply to comment by Shadowleg in Convince me what to YOLO my life savings into by jcodes57

I’m tryna spare him his life lol. 12-18 months is a decent long play for energy/oil tho. Exxon is up 78% YTD with more room to run.

But idk what do I care. GL OP

systemfive t1_j1xyu25 wrote on December 28, 2022 at 5:34 AM

Reply to comment by jcodes57 in Convince me what to YOLO my life savings into by jcodes57

If you wanna double within a year… woof. We’re literally at the cusp of a major recession which could last multiple years.

If you have 80k, I say buy something like Exxon or energy/oil. Maybe split 70/30 in a decent blue chip and 30 on a small cap energy and pray the war keeps going.

Pretty sure energy has been up over 50% this year. Exxon is a decent bet. Do a little research and find a small cap that can go from 5 to 10$ or something.

Energy cycles last way more than one year. Lots of tail wind still available. And even if it isn’t as strong, Exxon is a good place to park money

systemfive t1_j1xx21r wrote on December 28, 2022 at 5:17 AM

Reply to Convince me what to YOLO my life savings into by jcodes57

How much money we talkin? And what kinda return do we want?

Smart YOLO would be to just dump into AAPL cause at least you won’t kill yourself. But that’s if you have like 25k

If you only have a few grand, Yolo some puts into QQQ and watch the world burn as you make money.