08-23-2021, 09:43 AM
(08-22-2021, 10:11 PM)ken-do-nim Wrote: > Not too many months ago you said the purpose of your individual DGI port was to take some of the volatility out of your overall port due to the large concentration of 3X leveraged funds. Now you seem to be buying stocks that have had a VERY strong run in share price. They will crash as hard as a leveraged ETF. What is the actual plan now?
This is a good point; I happen to think LLY has more room to grow but I probably bought COF at the top.
The plan now? Well I'm very nearly done for the year. I'm at $40k of company stock liquidated already and that's quite a tax hit even at long-term capital gains. I might do another $5-$10k of it. CSCO is the next primary acquisition, and I'm looking at CIM like I mentioned earlier. It might be a yield trap, might not, but I actually do plan to take the time to research it first.
Come next year, I will continue to add to AAPL, MSFT, GOOG, & SCHD, but mostly I'm going to get ready for the chip explosion. The chip stocks are all suppressed this year, but when the chip shortage ends in 2022 or 2023, they are going to take off (again). So I will double down on TXN, AVGO, re-acquire TSM, add AMD, ASML, and add to SOXX and SOXL.
Come next year, I will continue to add to AAPL, MSFT, GOOG, & SCHD, but mostly I'm going to get ready for the chip explosion. The chip stocks are all suppressed this year, but when the chip shortage ends in 2022 or 2023, they are going to take off (again). So I will double down on TXN, AVGO, re-acquire TSM, add AMD, ASML, and add to SOXX and SOXL.
Is that what your crystal ball is saying lol. When something is too good to be true... Stay away
And you left out the best name in tech. NVDA. If you would have bought the dip last week at $180 you would be up $25 points now lol
And I love MSFT and APPL. But I own those names at $92 and $76 a share. So no need to buy MSST at $305 and AAPL at $150. You have to buy when there out of favor, not when they have lift off.
Just my opinion of course.