Bought My first stock! Was GM and LAC a good buy?
I finally got into the game after months of trying to commit, so I bought some stonks that I thought might be worth something in the next few years!
Basically, I bought shares in these 2 companies, because GM has “first dib” rights on the Salton Sea lithium project, and GM invested in Lithium Americas. Right now the market is at a low, so I thought it was a good time to buy for cheap.
Obviously it’s going to take awhile before mining starts, but I think it’s going to be worth a bit more in the medium term.
Do you guys agree or do you think it’s a risky buy?