Hello everyone, I require some understanding. I currently own ten shares of each stock, but I’m considering selling the other one to raise the funds for additional shares of the other stock. In your opinion, which is a better long-term investment? I intend to keep it for at least a year.
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Long term I avoid Chinese stocks.
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Yes, you are at the mercy of Xi’s mood that morning and the whims of the CCP.
Furthermore, Nio is only one among hundreds of EV companies in China. They are fiercely competitive.
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If I had to choose one of these, I would go with RKLB. However, I can’t help but notice that there’s an increasing number of discussions about highly speculative stocks, which is starting to feel reminiscent of 2021.
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Nio has been on a roller coaster, and RKLB recently signed a big contract. According to the TipRanks, RKLB is currently anticipated to do better than NiO. I purchased Gevo after selling my Nio. However, I don’t think there will be significant, steady growth for either if you decide to sell. Do you love those firms, or do you want to earn quick cash?
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I will go with Rocket Labs then, thank you so much.
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You are welcome. If I had to choose between those two, Rocket Labs would be my pick every time, and I would hold onto it without letting dips influence my decision. Just my two cents wishing you the best of luck with your investing.
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Steer clear of Chinese stocks like the plague. China’s accounting methods are absurd. When you purchase Chinese equities, you most certainly have no idea what you’re receiving.
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Bro believes he will profit from two awful businesses and lacks the necessary vocabulary.
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For it to even be worthwhile, dude, you need to do more than two shares. Even though you might hit gold and earn 100 percent returns on your investment, the outcome will be so small.
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NIO. One of the most misunderstood companies in existence, in my opinion. It makes up a sizable portion of my own portfolio.