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Big Tech
#21
Just a ho-hum 10.5% move for AAPL today. Added another $170B in market cap...
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#22
I own AAPL, AMZN, NVDA, QCOM, CSCO and SHOP

I'll sink with all of them, not selling. Not buying either, not at this time.
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#23
(08-01-2020, 07:42 AM)rayray Wrote: I own AAPL, AMZN, NVDA, QCOM, CSCO and SHOP

I'll sink with all of them, not selling. Not buying either, not at this time.
Looks like a pretty good buy and hold tech stable to me.
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#24
(08-01-2020, 04:22 PM)fenders53 Wrote:
(08-01-2020, 07:42 AM)rayray Wrote: I own AAPL, AMZN, NVDA, QCOM, CSCO and SHOP

I'll sink with all of them, not selling. Not buying either, not at this time.
Looks like a pretty good buy and hold tech stable to me.

Yea, I try not to buy anything I'd feel uncomfortable owning for a very long time. SHOP, it wasn't a spec buy more so of a dollar cost average buy. I read about the company, seen some interviews with the CEO/founder, really liked him and did more research. The research told me the company was overvalued at 85, I was thinking okay I like the company so much but don't want to forget about it (it wasn't written about like it is now) so I bought 25 shares thinking I'd buy more at 30 or 35 or so...yea that never happened! 

I forgot.....I do own AVGO also
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#25
(08-01-2020, 11:19 PM)rayray Wrote:
(08-01-2020, 04:22 PM)fenders53 Wrote:
(08-01-2020, 07:42 AM)rayray Wrote: I own AAPL, AMZN, NVDA, QCOM, CSCO and SHOP

I'll sink with all of them, not selling. Not buying either, not at this time.
Looks like a pretty good buy and hold tech stable to me.

Yea, I try not to buy anything I'd feel uncomfortable owning for a very long time. SHOP, it wasn't a spec buy more so of a dollar cost average buy. I read about the company, seen some interviews with the CEO/founder, really liked him and did more research. The research told me the company was overvalued at 85, I was thinking okay I like the company so much but don't want to forget about it (it wasn't written about like it is now) so I bought 25 shares thinking I'd buy more at 30 or 35 or so...yea that never happened! 

I forgot.....I do own AVGO also
Good move on SHOP.  That's what you have to do if you are looking for the next 10 bagger.  Or maybe I am wrong and AAPL is a $20T company in five years.  Big Grin
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#26
NVDA is up 5.75% and just broke a $300B market cap. Now trades at nearly 30X sales and a 60 PE.

Bought in Feb and Apr of last year in my trading account and am now sitting on a near-triple in price.

What a beast.
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#27
That's 10% income growth thingie required some gymnastics this year, but it's good you are sticking to the plan. You can't just stare at WFC and ROSS for years hoping. We can't win all our trades, but your moves were rational. It's possible you would have more money ten years from now if you never trimmed, but the stated goal of the port would be dead. Those high fliers can grow the Div at only 1-3% if choose, and get by with it for many years.

Thanks for sharing the article. Those Fastgraph valuations get scarier every quarter.
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#28
(08-18-2020, 08:12 AM)fenders53 Wrote: That's 10% income growth thingie required some gymnastics this year, but it's good you are sticking to the plan.  You can't just stare at WFC and ROSS for years hoping.  We can't win all our trades, but your moves were rational.  It's possible you would have more money ten years from now if you never trimmed, but the stated goal of the port would be dead.  Those high fliers can grow the Div at only 1-3% if choose, and get by with it for many years.    

Thanks for sharing the article.  Those Fastgraph valuations get scarier every quarter.

Yes, it's getting quite scary on a lot of the big gainers. Just seems there is an endless supply of money coming in and bidding them up. If you have growth, the market wants you.

It's tough to see stocks I trim go higher, but I'm trying to stay focused on my goals and not be too greedy with the big gainers. When you have stocks with high single digit or low teens growth sitting at PE's now approaching 40, I'm struggling to see how they will do well over the next five years.

Being able to realize those gains to add to some lighter weight positions and lock in higher yields seems like an attractive thing to do, but it's certainly not looking very smart so far.

I wasn't investing during the 99'-00' tech bubble, but I imagine there were plenty asking the same questions back then.
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#29
Slow day for Apple, only up 2% today.  Rolleyes
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#30
(08-21-2020, 09:07 AM)EricL Wrote: Slow day for Apple, only up 2% today.  Rolleyes

Looks like it may hit $500 before it splits on the 31st. No complaints here  Big Grin
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