Hi and I want Go-Big-Or-Go-Home Investment Ideas for My Roth IRA

[Qs Laptop]

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Originally Posted by boilerman How about the legal online sports gambling stocks? As more states legalize it in the next few years, the market should explode. Look at Draftkings (DKNG) or the BETZ ETF. I’d love to find a good marijuana stock but the legalization route is too slow. Sports gambling doesn’t have the same stigma and I think almost every state will make it legal in the next 5 years.

Definitely agree that sports betting is a better "bet" than weed stocks. I have a small position in FUNFF.

[Life_by_Fire]

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Originally Posted by 38Chevy454 One new technology I like is WRAP, it is a non-lethal way to subdue a suspect wherein the police fires a bola wrap that prevents a suspect from running away. About as non-lethal as it can get. It could go big if adopted and widely used. Just some ideas off top of my head to participate in the discussion.

I just saw that this was used in Tampa, FL and it made headlines. There may be something there. Nice catch.

[Markola]

^^^^ I’ve been wondering when something like this would be invented. Batman would approve!

[UnrealizedPotential]

OP, one thing you might want to take a look at is the CNBC disruptors list, top 50. I would guess there are some long term winners in those lists. It is going to be up to you to figure out which ones are going to be long term winners.

But if you want a sector to look at I would say 5G. But what do I know?

[raria]

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Originally Posted by UnrealizedPotential OP, one thing you might want to take a look at is the CNBC disruptors list, top 50. I would guess there are some long term winners in those lists. It is going to be up to you to figure out which ones are going to be long term winners. But if you want a sector to look at I would say 5G. But what do I know?

Thanks the problem with that list is they already have disrupted when they are listed.

Also, it doesn't have to be hugely disruptive to make money. Two of my best holdings Costco and Monster Drinks are hardly mentioned as disrupters but returned 30 x and 100 x respectively. Just a great idea well executed will suffice.

[NW-Bound]

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Originally Posted by raria Thanks the problem with that list is they already have disrupted when they are listed. Also, it doesn't have to be hugely disruptive to make money. Two of my best holdings Costco and Monster Drinks are hardly mentioned as disrupters but returned 30 x and 100 x respectively. Just a great idea well executed will suffice.

There ya go. You sound so different than the OP who wanted to gamble to win big.

I don't bother to look for disruptive companies, because for one successful company there are 10 more who simply disrupt my account balance, and I mean in a not so nice way.

Just steady growth but more reliable growth is good enough for me. Even so, the chance of success is not 100%. It is still a lot better than the chance of getting rich overnight.

[Camas Lilly]

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Originally Posted by chassis Qqq ftec arkk arkq arkw vug mseqx

I second that on the Ark Invest Funds. Try Innovation, Next Gen Internet, AI/Robotics, Genomics and Fintech. Rumor has it there is talk of a Bitcoin fund. I own a few, but these and a couple of others on the opposite end of the spectrum for ballast are less than 10% of my retirement fund.

[Coachdavo]

I feel the same way about my Roth. Working out well so far with a small group of companies I have researched. If you want Mutual Funds I can't help

Main Holdings:
VTSI - Makes simulators for police and military training. Closing contracts recently.
SMSI - They have a virtual monopoly on Family Safety Apps for mobile carriers. My biggest holding. They are at an inflection point IMO. Just bought more today after big news about signing AT&T

Other minor holds:
OPGN, RCMT, DTEA and TPCS

[eyenitnoy]

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[tenant13]

Convert your ROTH IRA into self-directed IRA and buy Bitcoin directly. Not BTC funds but actual BTC that you will have full control over. Yes, it’s risky so you may end up with nothing (given the latest regulatory drama - it’s something to think about). But at this level of institutional engagement I doubt it. JP Morgan just started offering access to Bitcoin for its clients - nobody is going to kill it when it’s becoming the toy of 1% .

Bitcoin is a dirty word on these forums but you wanted out of the box ideas with potential so here’s one.

[someday soon]

What about the new 'meme funds' like FOMO and BUZZ that are allegedly investing in companies fueled by social media trends?

Hey, you asked!

[CoolRich59]

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Originally Posted by raria A surrogate question is: "What major societal changes will/have occur that a well run company can monetize?"

You might want to look into EV sector.

Yesterday, the WSJ had a story “Auto Makers Aim to Boost EV Sales to 40%-50% of U.S. Sales by 2030”. That means there’s going to be a lot of money going into EVs, the technology (like batteries), and support infrastructure (like the charging networks).

[OldShooter]

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Originally Posted by CoolRich59 ... Yesterday, the WSJ had a story “Auto Makers Aim to Boost EV Sales to 40%-50% of U.S. Sales by 2030”. That means there’s going to be a lot of money going into EVs, the technology (like batteries), and support infrastructure (like the charging networks).

And, of course, nobody else knows this.

[CoolRich59]

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Originally Posted by OldShooter And, of course, nobody else knows this.

Shhhh.

[FIREarly]

Index funds and TSLA!!

If it's non-retirement account and you have time/effort/energy/risk tolerant... Short-term rentals (STR)!

If you want the time-proven method, solid index funds. Lots of posts here and YouTube to help you find the best ones.

[NoEZmoney]

Saw Hulu media CEO on CNBC talking about the company's plans to get into European mkt. I can see them doing well.

[PointBreeze]

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Originally Posted by Jerry1 I use index funds in my ROTH, but it’s not well balanced. It’s 100% stock. Maybe go with a stock index for 90% of your ROTH and take the 10% and look for the next Amazon.

Excellent advice!

[rayvt]

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Originally Posted by raria I view the contributions to the Roth as being my "go-big-or-go-home" investment plays. So what are people's suggestions/tips.

BRK.B

[RetireRay]

This is the right approach. Tesla in particular, will dominate over the next 10-20 years, in my opinion.

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Originally Posted by joesxm3 If you want some disruptive companies or industries, take a look at the Ark Investment funds. You can either buy the ETF's or just look at their list of holdings to pick some specific companies. One area that I think will be very disruptive and important in the next decade is genomics. There is the ARKG ETF that invests in this space. I recently watched a two hour interview with one of the ARKG analysts and he explained how there are several areas that intersect - genomics, robotics (to do the gene sequencing and other tasks cheaply at scale) and AI which drives the analysis of the genetic information. He felt that the rapidly decreasing costs related to gene sequencing would result in huge advances in medical treatment. The interview was two hours long and I ended up staying up way past bedtime to finish it. The thing that really caught my attention was "liquid biopsies", which detect cancer by sequencing the DNA shed from the tumors in the blood. One area that caught my interest is gene editing. There are several companies in this space that may be like buying a lottery ticket. CRSP, NTLA, BEAM, EDIT, CRBU (which just had and IPO last week). In the way of large companies likely to dominate their spaces, Tesla and Google come to mind. Tesla being much more than a car company, with all of their huge battery development (the fire in Australia aside). Google also has a 10% ownership of Space-X, so that is a way to invest in that since Space-X will probably not go public. Now if you really want to "go big or go home", then you should take a stroll in the crypto casino. You can buy GBTC and ETHE from Grayscale in your IRA's to get BTC or ETH exposure. From what they say, bitcoin will either be worth a million in 10 years or worth nothing.

[nvgs123]

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Originally Posted by USGrant1962 COIN for crypto. Or as others have mentioned ARKK for all of the above.

+1
Crytpo currencies are here to stay.
Crytpo 'rides' on a blockchain.
It's blockchain technology that's going to be the biggest disruptor....that and the distributive applications that are and will be developed for them (i.e., Bitcoin).
Financial markets, healthcare, governmental services + voting (democracy), property ownership, personal identification and personal information, trademarks and ownership titles, etc,; all are affected currently by blockchain technology.
And plenty of name brand companies (JP, Amazon, Walmart, IBM, United Healthcare, etc) are investing big in blockchain technology to streamline and create efficiencies in the everyday processes.
And just wait until Ethereum 2.0 takes off (Proof of Stake blockchain - as opposed to bitcoin's proof of work).

Its a new era.

My 'I can afford to loose this cash' money is heavily invested in crypto currencies, companies investing in blockchain technologies; both start-ups and established companies; and doing rather well.

In 2018, I read Blockchain Revolution...it took me from 0 knowledge to a usable knowledge of the technology. And from there I just kept on.