07-01-2021, 11:48 AM
(02-25-2021, 10:25 AM)fenders53 Wrote:(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?I haven't researched it. Hadn't heard of it until you and Otter were discussing it last week. I am trying to not add too many more new names. We'll see how long that lasts.
What I need is for tech to get hammered for real again, but this market is resilient.
Very small trades this morning. Added a few shares to DG-ARKF Sold a few SLV puts.
(07-01-2021, 10:59 AM)fenders53 Wrote:(07-01-2021, 10:35 AM)ken-do-nim Wrote: Clearly I have some work to do in my taxable portfolio; almost everything is green at the moment, but because my chips are down (TXN/AVGO/TSM/SOXL), it is down.It's called patience Grasshopper.All four of those will run. We are sending some goons over to your house if you sell them down lol.
When you have time to, invest some on learning the 11 S&P sectors. Look back at their performance from one year to the next. It's why we diversify. It's a pretty special year when even 8 of them are up. UTEs and Health have been treading water for a year. It will be OK.
Take energy sector as an example. Best sector by far in 2021. You are a genius if you put half your port there. Of course you were a moron if you did it last year. All kidding aside it's a concept you need to grasp. Your investing will be less stressful. If it were possible to always be green, their would be a lot of fund managers being the SPY. There are practically zero over a ten year period.
Oh gosh I wouldn't think of getting rid of my chips; darlings of my collection. NVIDIA is over in the ROTH. I was just noticing that I'm overweighted on them.
Good idea about learning the sectors. I've been intuitively diversifying; it's why I felt adding Starbucks was important because I didn't have any restaurant stocks, and why I will probably add Hasbro because I don't have anything like it.