I learned my lesson chasing IPOs. Now I wait and watch, even if that means missing the first move.
Would you buy SpaceX on day one, or wait a year and see what happens?
#FOMO#investing#IPO#personal finance#retirement#SpaceX
Whenever a huge company goes public, some people rush in immediately while others wait for the excitement to cool down. If SpaceX became available tomorrow, would you buy right away or sit on the sidelines for a while?
AI Summary
Most replies leaned toward caution, with users saying they would either wait for the hype to cool or buy only a small amount. The main concern was avoiding an emotional purchase during a heavily promoted IPO.
Answers & Discussion
I would rather see a year of public financial results first. Once a company is public, the story has to meet real quarterly numbers.
I would probably buy a tiny amount just so I do not regret missing it, but I would not put serious retirement money in on day one.
I love what SpaceX does, but investing is different from cheering for rockets. I would wait for the first emotional wave to pass.
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