I am a college student and I have $500/month to spare. The thing is, I want to focus on my studies and not waste time checking stock prices daily and have my mood be dictated by it.
I decided I will just do a monthly SIP and hold for 2 years, come what may. My risk tolerance is high.
This is my split:
$200- QLD (2x leveraged ETF)
$150- SIVE (Sivers Semiconductors AB)
$150- AAOI (Applied Optoelectronics Inc)
I have done basic reading on all three and the two stocks I picked are based on companies I think are undervalued despite producing great products.
The only issue is one of those stock picks end up being a fraudulent company or leadership is horrible and fumble badly.
Tell me if there are better options for the stocks.
Both the stocks are down currently and seems like a good time to buy and hold for 2+ years