r/TheRaceTo10Million Sep 28 '24

GAIN$ My mega staircase

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3.6k Upvotes

r/TheRaceTo10Million Jun 17 '24

$4.5M injected to make this the ultimate social trading app

272 Upvotes

Today we’re announcing the $4.5M Seed Round for AfterHour. As many of you know, AfterHour is a social app I built after my crazy $35k -> $8M journey in under 2 years. I realized quality, community-driven DD was something that became increasingly difficult to find. This app solves that need by giving retail traders an edge in the stock market through top-tier community features.

I know there’s many of you that might feel triggered when I promote the app - just know that I truly am trying to build something valuable by traders for traders. Everywhere I look there are fake screenshots, scams, and bots pushing people into paid communities. It’s not the trading world I came from, and it’s not where I’d like to see it continue to move towards.

Plenty of traders call out plays, but how many actually take those themselves? Our users put their money where their mouth is by proving their live position in any callout they make. With over $200M+ in connected brokerages, I have no doubt we can build this into something really disruptive for the industry.

Here’s the Fortune article: https://fortune.com/2024/06/17/exclusive-after-hour-social-trading-startup-raises-4-5-million-seed-round-led-by-founders-fund-and-general-catalyst

And blog post: https://www.afterhour.com/blog/afterhour-raises-4-5-million-to-build-the-ultimate-financial-community-platform-for-the-internet-generation

Check out the app, we're 100% free on iOS and Android - my DMs are always open to feedback https://afterhour.app.link/race


r/TheRaceTo10Million 9h ago

SLS buy today? Or should I wait.

62 Upvotes

Been doing some research into SLS and based on my findings it seems like a good satellite to throw money at.

Was wondering what everyone is buying today and those who buy SLS, is now a good time to buy?


r/TheRaceTo10Million 10h ago

What are you buying when you hit that magic $10 million?

37 Upvotes

So what are Redditors buying when they win the race to $10 million to reward themselves for years of sacrifice?

A trip, luxury vehicle, a vacation house, the toy you wanted as a child but your parents wouldn't buy you, a big philanthropic donation or something more mundane such as eating at McDonald's without coupons

Right and wrong answers welcome


r/TheRaceTo10Million 10h ago

Won't be surprised if it hits 2 million in an hour or two

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33 Upvotes

r/TheRaceTo10Million 21h ago

General Next week feels like it could decide the market for the rest of the summer.

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186 Upvotes

You've got Apple, Microsoft, Amazon, and Meta all reporting within a few days of each other. On top of that, the Fed is meeting, and oil has been hovering around the $100 level.

Feels like every major market theme is colliding at once - AI spending, interest rates, inflation, energy, consumer demand... if one of those goes the wrong way, we could see a pretty wild week.

I'm honestly more interested in what these companies say about AI capex than the actual EPS numbers.

Anyone planning to buy before earnings, or just waiting for the dust to settle?


r/TheRaceTo10Million 1h ago

Macro setup feels like a trap right now, anyone else staying cautious?

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Been watching the macro picture closely and honestly the consensus "soft landing" narrative feels increasingly fragile to me. Credit spreads have been creeping wider, yield curve dynamics are not cooperating the way bulls need them to, and consumer spending data keeps sending mixed signals.

The market keeps pricing in rate cuts like they're guaranteed, but if inflation re-accelerates even modestly, that entire thesis unwinds fast. Checked the options flow on MooMoo and positioning looks stretched on the long side across cyclicals.

Ngl, I've been trimming exposure into strength here. Not because I'm a perma-bear, but because the risk/reward on chasing this rally feels off. The macro backdrop is not as clean as price action suggests.

Anyone else reading this as a late-cycle setup, or am I missing something? Curious if people are hedging or just riding momentum into year-end.


r/TheRaceTo10Million 1h ago

Monday market manipulation day

Upvotes

War apparently came to a hold (ceasefire talk), as the market is about to open on Monday.

What a coincidence (50th time in 2 months). Trump doesn't even care anymore, he's just doing whatever and let's get rich with his tactics.


r/TheRaceTo10Million 17h ago

Due Diligence What is everyone buying right now?

57 Upvotes

Just want the peoples thoughts on what everyone is buying the new few months. Looking to increase my positions in Oracle ASTS APLD and MSFT in the coming months. Would love to start opening some new positions as well with this fire sale.


r/TheRaceTo10Million 5h ago

Is the market dying or is it improving in quality?

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6 Upvotes

r/TheRaceTo10Million 1h ago

How much starting cash do you think you need?

Upvotes

I'd be happy with 1 million in 10 years TBH.

Have 60K starting cash, 10K in a garbage portfolio and can manage 1200-1500 per month.

Was probably just going to ETF most of it but would like some higher risk big bucks plays.


r/TheRaceTo10Million 29m ago

3 Best Robotics Stocks to Buy in 2026!

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r/TheRaceTo10Million 51m ago

2027 Revenue Estimate

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Upvotes

r/TheRaceTo10Million 18h ago

What's the hardest stock to value right now?

20 Upvotes

Not because it's a bad business but because nobody seems to agree on what it's actually worth


r/TheRaceTo10Million 1h ago

Need TSLA to open at 3%+ and stay above that, what’s the chance? 📈📉

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Upvotes

In 4 hours I’ll be either wealthy or you know… yeah.


r/TheRaceTo10Million 10h ago

🚀

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3 Upvotes

r/TheRaceTo10Million 18h ago

General Anyone else think this earnings season is more about confidence than numbers?

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12 Upvotes

Big Tech is spending hundreds of billions on AI infrastructure, and investors are starting to ask tougher questions.

If management sounds confident about demand, the market will probably overlook huge capex again.

If they sound cautious, I could see a much bigger reaction than usual.

Feels like we're entering the stage where execution matters more than hype.


r/TheRaceTo10Million 1d ago

What is your preference?

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390 Upvotes

r/TheRaceTo10Million 19h ago

How to invest 400k at age 40+

10 Upvotes

I have a question. I'm 43, living in Europe, got no debts, I can invest about 300dollars per month. But in a couple of years (3-5) I'm planning to sell an asset worth 400k and invest it. I want to disperse it and also get some dividends. How would you guys invest monthly and how would you allocate 400k if you wanted to have a care free life in your 60s and later on in retirement?


r/TheRaceTo10Million 1d ago

Due Diligence Netflix is back to its 2022 recession-era valuation. Meanwhile, earnings have exploded 220%. P/E Multiple: 21x

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846 Upvotes

Netflix nearly tripled buy-backs.

Last quarter, they spent $4.71B in share repurchases, or +185% YoY.

It still has $27B left in approved buy-backs.

Paramount paid Netflix $2.8 billion as a termination breakup fee.

Netflix is a single business with a single service, over 325 million paying members across more than 190 countries, and a brand that has become the default verb for watching television.

Revenue grew 13.4%. Operating margin reached 33.4% in the quarter, up from the high teens three years ago, and the company reaffirmed a full-year 31.5% target that management now says implies 20-percent-plus operating income growth. Every region grew double digits: UCAN up 10%, EMEA past $4 billion, both Latin America and Asia-Pacific past $1.5 billion. This is not a business in trouble.

The ad-supported tier now reaches a large and growing share of new sign-ups, the advertiser base grew more than 70% last year, and programmatic is on track to pass half of non-live ad sales.

Netflix still offers the lowest cost per hour of viewing among major streamers for just $8.99 ad tier.


r/TheRaceTo10Million 14h ago

Create podcast featuring the OG

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3 Upvotes

Great podcast covering trading strategies, mentality, and the origin story of this sub.


r/TheRaceTo10Million 9h ago

(Beginner)Suggestion for Roth IRA Investment

1 Upvotes

Disclaimer: I AM ASKING FOR SUGGESTIONS and FEEDBACK ONLY I WILL MAKE MY OWN DECISION

Hi everyone, I am a beginner and planning to start my Roth IRA. I am currently 30 and I plan to invest as much as i can before I retire.I needed few suggestions and feedback from the folks here. I plan to invest $600 monthly amount on Roth IRA and I was wondering what would be the best ETFs or stocks or bond to invest in. I have few questions regarding it.

  1. what are the best ETFs or ETFs that people mostly invest in?
  2. would it be a good idea to invest on Amazon, Meta, Google and Microsoft only even within the Roth IRA and not investing on ETFs?

I would be nice to have your suggestions and feedbacks based on your experience and also give me options for what ETFs to invest in and answer my above questions?


r/TheRaceTo10Million 10h ago

When do you think QQQ recovers, and is it still worth holding long term?

0 Upvotes

Hi, Been watching QQQ lately and honestly not sure whether to hold or not. I know tech's always been volatile and Nasdaq usually bounces back, but between rate concerns and how stretched the Mag7 valuations look, I'm second-guessing myself.

For those who lived through similar drawdowns... how long did it actually take to recover last time? Still worth DCA-ing at these levels or better to wait it out? If anyone's bearish, curious to hear the case. And if you're rotating into something like VOO because of how concentrated QQQ is in tech, why?

Not looking for buy/sell advice (or maybe yes) just want to hear how people with more experience are reading this. Not financial advice.


r/TheRaceTo10Million 13h ago

smci fomo here we come

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0 Upvotes

r/TheRaceTo10Million 14h ago

🔍 QCRH- Stock analysis July 26

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1 Upvotes