Chet is a laid-back and carefree individual who lives in the moment, often prioritizing short-term pleasures over long-term consequences.
About Chet
He can be described as:
- Lazy
- Impulsive
- Fun-loving
- Avid gamer
- Loves instant gratification
His money habits are:
- Chet is impulsive with his spending, often buying things online without thinking twice about the cost or whether he really needs them.
- He has a hard time saving money, and rarely thinks about planning for the future or setting financial goals.
- Chet loves to treat himself to new gadgets, video games, and other luxuries, even if it means going into debt.
- He often relies on credit cards or loans to get by, and has a tendency to ignore his financial problems until they become too big to ignore.
His goals and motivations are:
- Chet’s short-term goal is to level up in his favorite video game and beat his friends’ high scores.
- His long-term goal is… well, he doesn’t really think that far ahead.
- Chet is motivated by the desire to have fun and enjoy the present moment, without worrying too much about the future.
Chet’s Investing Portfolio
Chet’s investing portfolio is a mix of ETFs and stocks.
Chet’s ETFs and Mutual Funds
Invesco QQQ ETF (QQQ) – “I’m all about tech, and the QQQ tracks some of the biggest names in tech like Apple, Amazon, and Google. This is perfect for me since I love gadgets and gaming, and this ETF is packed with the companies behind them.”
VanEck Video Gaming and eSports ETF (ESPO) – “Since I’m a huge gamer, the ESPO ETF is right up my alley. It focuses on the gaming and eSports industries, so I can invest in the companies making the games and tech I love.”
SPDR Consumer Discretionary Select Sector ETF (XLY) – “I love treating myself to the latest gadgets, and the XLY ETF focuses on consumer-focused companies like Amazon and Tesla. It’s a good match for my spending habits, since it’s all about those fun, discretionary purchases.”
Chet’s Stocks
Electronic Arts (EA) – “Since I’m a huge gamer, I’d definitely go for Electronic Arts. They make some of my favorite games, like FIFA and Apex Legends, and they’re a major player in the gaming industry.”
Tesla (TSLA) – “I’ve always been fascinated by Tesla’s tech, and their electric cars are the future. Plus, they’re always coming up with cool new innovations. I’d buy Tesla because it’s exciting and a fun company to follow.”
Nvidia (NVDA) – “I’m all about gaming, and Nvidia makes some of the best graphics cards for gaming PCs. They’re at the top of their game in terms of tech and innovation, so investing in Nvidia just makes sense to me.”
Amazon (AMZN) – “I buy so many things on Amazon, and I know I’m not alone. They dominate e-commerce and are always innovating. I’d pick up Amazon stock because they’re not just about shopping—they’re into tech, cloud computing, and entertainment, which is all stuff I’m into.”
Chet’s Short-Sells
Pfizer – PFE – “I’m not really into investing in the big pharma industry. It feels too slow and conservative for me. I short-sell a stock like Pfizer, since they don’t excite me the way tech companies do. Plus, there’s a lot of volatility in the sector, so I bet against it.”
Macy’s – M – “I’m all about the convenience of online shopping, and I know a lot of people feel the same way. I short-sell a traditional retailer like Macy’s because their business model doesn’t match the way people are shopping these days. They’re too stuck in the past, and I don’t think they’ll keep up with e-commerce.”
Chet Overall
Chet’s portfolio has a lot of technology – focus on growth and consumer goods, but not very diversified. This means he can make big gains if the tech sector does well while he is investing, but is pretty risky if tech takes a downturn.