Posts: 789
Threads: 15
Joined: Nov 2013
Reputation:
5
Similar here, I battle my inner frugal German continuously as well.
Posts: 6,404
Threads: 47
Joined: Aug 2018
Reputation:
63
Good stuff Mike. This is exactly what keeps me with significant cash at all times, and afraid to get too deep in a stock that is clearly parabolic. The fear has cost me some money the past few years but I lived that 1999 MSFT chart with real money. About 15 years to get even. Today I constantly hear people saying MSFT is not the same company now. Seems to me they were pretty dominant in the late 90s so it wasn't like there was a clear warning. The excessive PE took them out, and it will take some new tech stocks out this time.
Posts: 789
Threads: 15
Joined: Nov 2013
Reputation:
5
Bought SNAP @ yesterday's close based on above the greenline, we'll see how it goes