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What speculative stock do you own at the moment? I guess on this forum anything with a high degree of risk and a small or non-existent dividend would make the cut.
I have a couple of European ones.
Sensys Gatso (Sweden)
Ryanair (Ireland)
I guess UBNT might fit the criteria too, though I very much consider it a part of my retirement portfolio and the plan is to hold for long term.
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I don't own anything that fits the bill, but UVXY is capable of giving you a helluva ride (to the upside or the down). If you think the market is going to have another December crash (or worse) in the immediate future, it would be a solid speculative play on increased volatility. If the market stays calm and upwards, thanks to Fed dovishness, you'll lose pretty much your entire investment thanks to contango.
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A while back I bought a little SHOP, not much, 25 shares just to keep tabs on it and kind of hope it would crash into the teens. Well, that never happened! So here I am--holding.
Cause as ya fellas kind of know--I try not to sell lol.
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I am holding ACB for the past couple of months.
BLTN
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Hmmm. I always look askance at the NLY in my portfolio. Bought it for the yield, but committed the sin of buying something I don't understand at all. I'm sure I was convinced by some article on a weak willpower day or something. Paid $16 something per share, held through the dividend cut, and it sits at about $10 now. With dividends, I am ahead, but only barely, and way less so than if I had bought something more sensible. But I never actually sell it. It is 1.5 percent of my portfolio by value, but it provides about 5 percent of my total dividends.
