[R99]

A lot has been talked about recently with Rivian and their potential IPO. So I wanted to see how serious people would be in investing in Rivian.

If Rivian reached out to you and offered you a chance to invest in their IPO, how much of your money would you be willing to invest?

 

[Griz]

That's almost an unanswerable question. And random answers are pretty much meaningless. It depends on an individual's financial situation, which will change over time. For a multi-millionaire, $100,000 is no big deal. For a working class individual, $10,000 might be a major investment. My personal rule is, I never put any more money in any single stock than I am willing to lose. That rule is based on my experience, being invested in the stock market for over 40 years, and the amount that I'm willing to lose on an individual stock can and does change over time.

 

[eHauler]

That's almost an unanswerable question. And random answers are pretty much meaningless. It depends on an individual's financial situation, which will change over time. For a multi-millionaire, $100,000 is no big deal. For a working class individual, $10,000 might be a major investment. My personal rule is, I never put any more money in any single stock than I am willing to lose. That rule is based on my experience, being invested in the stock market for over 40 years, and the amount that I'm willing to lose on an individual stock can and does change over time.

Very true.
Its better to ask how much are you risking as its all inclusive and gets right down to what's most important. Also a great segway into analysis.
On that note, 2% of my funds allocated for stocks will be going in.

 

[eHauler]

Is anyone watching Lucid Motors? This month they will debut on the NASDAQ under LCID

https://finance.yahoo.com/news/everyone-calling-lucid-motors-tesla-213037587.html

CCIV Stock Price: Lucid Motors – Churchill Capital IV slides as EV sentiment dips further

NYSE:CCIV slid into the July 4th weekend as investor sentiment of EV companies turned sour despite some more record breaking delivery numbers. On Frid

www.fxstreet.com

 

[CommodoreAmiga]

It's odd, to me, that they're going to IPO yet haven't started deliveries, yet.

 

[R99]

It's odd, to me, that they're going to IPO yet haven't started deliveries, yet.

Is anyone watching Lucid Motors? This month they will debut on the NASDAQ under LCID

https://finance.yahoo.com/news/everyone-calling-lucid-motors-tesla-213037587.html

CCIV Stock Price: Lucid Motors – Churchill Capital IV slides as EV sentiment dips further

NYSE:CCIV slid into the July 4th weekend as investor sentiment of EV companies turned sour despite some more record breaking delivery numbers. On Frid

www.fxstreet.com

It's been interesting following Lucid over the last little while. The car looks great (in my opinion) and from and organizational standpoint Peter Rawlinson seems to be doing all the right things. Their similar to Rivian in that they're coy with a lot of details heading into production.

 

[eHauler]

It's been interesting following Lucid over the last little while. The car looks great (in my opinion) and from and organizational standpoint Peter Rawlinson seems to be doing all the right things. Their similar to Rivian in that they're coy with a lot of details heading into production.

Have you seen the Gravity SUV? It too is a great looking vehicle and should push LCID stock up quite a bit.

 

[eHauler]

It's odd, to me, that they're going to IPO yet haven't started deliveries, yet.

I think its a smart move.

Folks are hungry to sink money into stocks like it and a number of key news events related to sales will help bring in more.

 

[Equilibrium]

Have you seen the Gravity SUV? It too is a great looking vehicle and should push LCID stock up quite a bit.

I have now! Looks very interesting, thanks for mentioning it.