Etfs and mutual funds are pretty safe.
I wouldnt be worried at all.
I have Etfs and mutual funds but also individual securities.
The Etfs and mutual funds have been solid. The individual stocks have me alot more nervous.
Warren Buffet always said, Follow the S&P with index funds and ETF's you...
I considered buying but they don't have any earnings to show. All they have is Semi-truck prototypes and a pick up truck (Badger) that's nothing but a computer image that will debut in December.
I stayed away thankfully.
But Its on my watch list.
I dont know the technicalities. But i do recaill after the successful Dragon launch back in May the tesla stock had some good gains a day or 2 after.
Who knows, their eps for the quarter was higher than anticipated on Wednesday, and it tanked Thursday and Friday.
The stock market is a puppet show.
The moral of the story is your initial recommendation was not a good one for a $500 gamble.
Then you come-out 10 posts later with something he finally might be interested in. But I had to pull your arms to get it out.
Again. He said gamble, as long as he doesnt loose more than he dishes out. So...
That's why they call it gambling, for the 10th time.
I thought we clarified that that was his wishes, but you refuse to accept it.
So stubborn with someone else's money.
It's safe to say its not his life savings, settle down.
Its a little if you only have $500. But its all relative to what you have to spend.
Lets be honest here.
He told a guy that has $500 to "gamble", to put his $500 into long term bonds and international stocks. And that was his best advise in this current market, bye bye see you later.