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Re: ombowstring post# 1142

Saturday, 03/30/2024 12:10:42 PM

Saturday, March 30, 2024 12:10:42 PM

Post# of 1344
Ombow, Looking at that list, Joby and Archer look like the obvious choices. Eve Holding is already a subsidiary of Embraer, and Ehang is Chinese. In Europe there is Lilium (Germany) and Vertical Aerospace (UK), but these are considerably smaller than Joby and Archer.

Anyway, at first glance it looks like splitting an investment between Joby and Archer might have the best odds. My limit is a laughable $350 per individual stock (sometimes $500), so basically just 'play money'. Big positions, forget it (imo).

For me 'angst avoidance' is a big criteria for several reasons - 1) The key to making money in the stock market is to own quality and hold long term, and too much angst is the enemy of 'staying the course'. 2) Angst is not only unpleasant but unhealthy. It's different if you are young and want a shot at the 'big score', but once retired the key is not losing money. As Buffett says - Investing Rule #1 is - 'Don't lose money', especially for people our age. Unless you have gobs of excess $ to burn, but even then the risk is the 'slippery slope' and addictive aspect of speculation. Even mega rich guys can get hooked on the thrill of gambling and end up broke. Best to adhere to the ancient maxim --> 'Nothing to excess'. Small positions are fun, no ulcers, AND the results are better :o)




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