Taking a punt.
Posted: Thu Jul 28, 2022 4:48 am
I know we often talk about funds, ETFs, etc but wondered if any of us have ever taken a punt on anything, that seems to have been a good idea, wether for the better or for the worse. I wonder if this should be moved to the general section, the moderator can move if it's better suited there.
Some people like to bet on the horses the boat races, play the one arm bandit, or visit the pub for an investment in the latest beer. (There's always a return on that.LOL sometimes good, and sometimes very very bad.)
Anyway I thought id have a little bit of fun the past year, because I found 1000 dollars in a cupboard.( seriously) I must have put it there ages ago and forgot about it
So, since it was money I never really had, I decided to play with 1000 dollars. So I invested in 2 things, in an attempt to save the world from the evils of CO2. OK I'm not Bill gates or Elon Musk, but gotta start somewhere, right?
I decided to buy some Rivian, in May and its been ok. The trucks look great, got great reviews and the yanks love their trucks, and with amazon joining in, who knows, maybe it will work out in 10 years.
I then decided to look at Canoo.It's almost on the verge of bankruptcy and I have no idea if this will fly...or should that be drive, but Walmart stepped in, as did NASA, ( not exactly rocket science) and the US army are looking at the modular design. It'll probably live up put to its name, and end up sinking, but who know it could be a submarine, and rise or eventually torpedoed. I am also going on a diet, I will forgo the donuts for one month and buy a few more.LOL Now there's an incentive. If I eat donuts, I only end up getting fatter and pooping it out. But if I put it in this...maybe it'll be poop, but I might be thinner. That's a pretty good investment on my waist line.
OH I also bought 4 batman lego car kits, which should double in price when they are eventually retired. Might be the best return out of all the cars.LOLThe classic 1960s version not the rubbish modern batman stuff.
Anyway, I was hoping we could have a chat about each others PUNTS, have some fun, and show our successes and mistakes. Not to rain on anyone decisions, or choices. After all someone had to take a punt on amazon, Tesla, and google all those years ago.
Some people like to bet on the horses the boat races, play the one arm bandit, or visit the pub for an investment in the latest beer. (There's always a return on that.LOL sometimes good, and sometimes very very bad.)
Anyway I thought id have a little bit of fun the past year, because I found 1000 dollars in a cupboard.( seriously) I must have put it there ages ago and forgot about it
So, since it was money I never really had, I decided to play with 1000 dollars. So I invested in 2 things, in an attempt to save the world from the evils of CO2. OK I'm not Bill gates or Elon Musk, but gotta start somewhere, right?
I decided to buy some Rivian, in May and its been ok. The trucks look great, got great reviews and the yanks love their trucks, and with amazon joining in, who knows, maybe it will work out in 10 years.
I then decided to look at Canoo.It's almost on the verge of bankruptcy and I have no idea if this will fly...or should that be drive, but Walmart stepped in, as did NASA, ( not exactly rocket science) and the US army are looking at the modular design. It'll probably live up put to its name, and end up sinking, but who know it could be a submarine, and rise or eventually torpedoed. I am also going on a diet, I will forgo the donuts for one month and buy a few more.LOL Now there's an incentive. If I eat donuts, I only end up getting fatter and pooping it out. But if I put it in this...maybe it'll be poop, but I might be thinner. That's a pretty good investment on my waist line.
OH I also bought 4 batman lego car kits, which should double in price when they are eventually retired. Might be the best return out of all the cars.LOLThe classic 1960s version not the rubbish modern batman stuff.
Anyway, I was hoping we could have a chat about each others PUNTS, have some fun, and show our successes and mistakes. Not to rain on anyone decisions, or choices. After all someone had to take a punt on amazon, Tesla, and google all those years ago.