Hot Stocks - META, SPX & SPY

Michael Esther
06-11

1. $Meta Platforms, Inc.(META)$

META (previously FB) was only $34 when i first bought it in 2013!

Since then it 20xd or 2000% in market cap

Dont underestimate shares!

Long term growth produces wealth

2. $S&P 500(.SPX)$

SPX is more volatile mainly because it’s 10 X $SPDR S&P 500 ETF Trust(SPY)$

When you’re able to handle the volatility of 10 spy contracts, then you can move onto SPX

If you use $Interactive Brokers(IBKR)$ you get around the clock 23 1/2 hours SPX or $S&P 500 Mini-SPX(.XSP)$ options Trading

SPX and futures also have the same tax benefits - 60% of your profits are taxed at a long-term rate of 15% and 40% of your profits are taxed at a short term rate of 40%

For whom haven't open CBA can know more from below:

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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