What I Am Buying Today.

[fenders53]

(11-02-2022, 08:05 PM)stockguru Wrote:

(11-02-2022, 03:05 PM)fenders53 Wrote:

(11-02-2022, 01:43 PM)poneyboy Wrote: Took a sizable position in GOOG. I'm not waiting to buy like Fenders. I have waited since $120 and now get to add under $90. You have to buy these growth stocks at some point because before you know it, you missed the boat.

And I don't believe you sold at $105  Why bother selling at $105 your just going to re-buy at $100. Mine as well buy at $89.60 now lol

You missed the point. I don't catch too many knives.  Learned that lesson a long time ago. Write back after you retire early. OK that was mean.

I don’t think pony is thinking about retirement anytime soon. He’s only 24 lol. 

And there’s nothing wrong with buying GOOG here when you have 30 years to hold it ;

Tech at some point is going to come roaring back.  The AMZN, GOOG and META of the world be a lot higher 2-3 years from now. 

I always thought buying lower was a good thing. We all talk about buying stocks here and buying when there on sale. Well we got a fire sale now, and the buying here is very light of late.

I know for a fact many here bought tech much much higher. Got to love the prices now. And I’m talking about the ones who are making money.

You are correct of course.  I ducked out of tech in January.  Bought back into QQQ the last two dips.  I usually hide out in the indexes when all hell breaks loose.  I have no idea which tech is going to blow earnings yet.  I am still underweight tech.  I will get back into some individual tech stocks more seriously when they stop being knives.  Don't care if I catch them on the way back up.  I prefer that to being down 20% from here.  If I miss GOOGL, oh well.  Pretty sure there is some of that in QQQ.  My port was down 2% off ATH before Cousin Jerome opened his cake hole yesterday.