That's amazing. Good for you. This is basically what I was trying to find out, if playing IPO's at a larger scale can be a quick and easy way to boost your retirement account. Take the double digit gains day of and put right back in whatever index floats your boat. Will keep an eye out for the Anthropic IPO and decide accordingly.
www.nbcnews.com
I think GoA pointed this out, you don't get to do it for long. They don't like flippers. And in the end, you might not get enough shares to make a huge impact on your portfolio. Not all IPOs go up. Setting that initial price can be more difficult than you would think (UBER comes to mind).
I should add that I think retail allocations in IPOs will increase. A lot of institutional portfolios already own the stocks in their private placement/venture allocations so they are probably less willing to buy more at the IPO. I guess we will know in pretty short time.
Right around 10-10.5% - In hindsight would have make more not diversifying.
I think you keep making a typo but you’ve done it twice so have to ask if there is a joke or reference to using 400 instead of 500? I’ve joked and called it the S&P 7 a few times but never seen or heard 400.Timing the market… always a bold strategy
*Just looked- I think that the S&P 400 is actually up around 15% since end of January.
Do you work in Washington DC? Curious why/how you think now is time to prepare for crash. Just since everything near or at ATH’s?
Ahh, ok that makes sense. Did he make a typo or was he trying to avoid the 100 biggest or something? I’ve heard of funds that exclude some of the larger makeups but given what I’ve seen and understand would think those would significantly underperform the entire market S&P 500 funds?
