Search found 352 matches

by GoldenGoose
Wed Jun 14, 2023 5:34 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

KlangFool wrote: Wed Jun 14, 2023 4:48 pm
GoldenGoose wrote: Wed Jun 14, 2023 10:31 am
Personal account holdings: NVDA, AAPL, MSFT, AMD, GOOG, AMZN
GoldenGoose,

My argument for selling all of them. They cannot go up 20X to 40X over the next few years. Hence, there is no point of keeping them.

I only gamble on individual stock that may go up 20X to 40X over the next few years. Anything less, why bother?

KlangFool
I can see AAPL and AMZN not growing much. The rest might be in the AI revolution, especially AMD and NVDA, that I think is coming.
by GoldenGoose
Wed Jun 14, 2023 5:32 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

You've just done the equivalent of walking into an AA meeting and asking which brand of vodka everyone prefers. I had to laugh at that! It's an apt analogy! Carrying on with the analogy, I'm the guy who still drinks but is not a drunk. I have 52% of my net worth in individual stocks. 43% is in 5 stocks, which include MSFT and GOOGL. So my perspective will be different from most on this forum. But my net advice is the same as most on this thread. You should not be investing in individual stocks. Not because you have bad stocks. But because you have too much emotional angst! More generally, you need an investment methodology that suits your personality and Emotional Intelligence. I think the single most important investment decision is choos...
by GoldenGoose
Wed Jun 14, 2023 5:29 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

KlangFool wrote: Wed Jun 14, 2023 4:43 pm
GoldenGoose wrote: Wed Jun 14, 2023 10:31 am
Appreciate your thoughts.
GoldenGoose,

A) If you do not know when you should sell, you should not buy them in the first place.

B) Time to set some trading rule. For example, no individual stock should exceed X% of your portfolio. When it is X+Y%, you will sell it down to X%.

C) My trading rule which will not work in your case is

Self 50% whenever it goes up by 300%.

KlangFool
Thanks Klangfool. The thing is ... if I sell, I'll get the itch of buying something else b/c I would hate to see my $ sitting idle. Then would the stocks/funds I'd buy be better than what I have now? I'm afraid of a market's retreat so buying after selling doesn't make sense to me. but then that's the indecision that I have.
by GoldenGoose
Wed Jun 14, 2023 5:25 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

If my holdings are anything risky, then you bet I won't be here asking this question! Since I feel comfortable with these solid companies (they are not going to BK overnight), I feel that these are keepers. With that said, and as I've stated above, this is my personal taxable account so I feel like taking risk with it a little bit. And no, this account is not "most" of my assets, but then depend what "most" means to you, 90%? It's not that high. I feel like mentioning 30% in this forum would get you crucified. So for a moment, forget that you're bogleheads and that you are me. With the current world situation, macro/micro, what would you do? Like any group, I don't think that you can paint the Bogleheads with just one b...
by GoldenGoose
Wed Jun 14, 2023 5:21 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

coffeeblack wrote: Wed Jun 14, 2023 4:24 pm Probably because he has history of gambling in the market and she is worried about their retirement.
Nah, I'm responsible with money. She, on the other hand, is not. Our house is paid for. Our 401Ks are very well funded. I have IRAs. So if I was to lose all the money in this account, it would not mean the end of the world for us. It'd hurt, yes, but not the end of the world.
by GoldenGoose
Wed Jun 14, 2023 5:18 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

strummer6969 wrote: Wed Jun 14, 2023 4:21 pm I don't think he lost the first time. He said his "gains dropped to 15%". I'm wondering why his wife was so mad about that.
She's not happy b/c I could have locked in prior gains. Mad is not the right word. More like "I wish". I was still up and I am up now. Did not lose my money at any time.
by GoldenGoose
Wed Jun 14, 2023 5:15 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

coffeeblack wrote: Wed Jun 14, 2023 4:09 pm So you gambled and lost the first time and are wondering if you should go all in this time? I'm surprised people in here are calling it investing. To answer your question, they could go way up or not. No one knows for sure. I'm surprised you don't have any Tesla stock. One more edit. Don't forget the saying, sell in may and go away.
I didn't "lose" the first time. Not sure what you meant. Rather I got really good gains, then most of it evaporated (still positive), and then now back up to below the prior level but still a lot.

investing is to take risk. The more risk the more reward. It's all about your personal belief.
by GoldenGoose
Wed Jun 14, 2023 5:10 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

arcticpineapplecorp. wrote: Wed Jun 14, 2023 3:44 pm since you think the values of your stock "should" be $4000 more than they are right now, why wouldn't you buy more of your stocks before they go up $4000 more?
This doesn't make sense. If I bought more right now, then I don't want to get out anymore b/c of the short term cap gain. I hate paying taxes. All of my holdings are long term at this point.
by GoldenGoose
Wed Jun 14, 2023 2:07 pm
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

If my holdings are anything risky, then you bet I won't be here asking this question! Since I feel comfortable with these solid companies (they are not going to BK overnight), I feel that these are keepers. With that said, and as I've stated above, this is my personal taxable account so I feel like taking risk with it a little bit. And no, this account is not "most" of my assets, but then depend what "most" means to you, 90%? It's not that high. I feel like mentioning 30% in this forum would get you crucified.

So for a moment, forget that you're bogleheads and that you are me. With the current world situation, macro/micro, what would you do?
by GoldenGoose
Wed Jun 14, 2023 10:58 am
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

steadyosmosis wrote: Wed Jun 14, 2023 10:52 am
GoldenGoose wrote: Wed Jun 14, 2023 10:31 am Personal account holdings: NVDA, AAPL, MSFT, AMD, GOOG, AMZN
...
Appreciate your thoughts.
I sold some of those recently, because my IPS told me to.
But I hold them in my index ETFs, thereby avoiding single-stock risk and angst.
As for your situation, the TYPE of account (which you did not specify) could influence my action.
It's my personal taxable account.
by GoldenGoose
Wed Jun 14, 2023 10:57 am
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Re: Should I sell or should I continue to hold

I'm no bogleheads so if I tell you what % this account makes up my assets, your head would explode. :)

I do have IRAs, 401K etc. and those are more MFs varieties.

I read a recent article about a couple who bought Berkshires shares and held on for years. Guess how that turned out for them.

Selling now will net me a big (15% long term) cap gain. I'm comfortable with my holdings. It is the dang market outlook that spook me.
by GoldenGoose
Wed Jun 14, 2023 10:31 am
Forum: Personal Investments
Topic: Should I sell or should I continue to hold
Replies: 64
Views: 3561

Should I sell or should I continue to hold

Personal account holdings: NVDA, AAPL, MSFT, AMD, GOOG, AMZN Right now I'm up 42% (6 digits gain) in this account. The last time before the market dropped in 2022, I was up more than this, a lot more. I didn't sell for a few reasons even though the wife urged me to sell. Then the drop came and my gains dropped to 15%. Imagine the "pain" and the "I told you so" from the wife. Now that it's up and still fresh from the pain, I set a target $ number to sell to lock in the gains. I'm $4K away from that number and I can't make up my mind. Arguments against selling: - NVDA/AMD are riding the AI train - AAPL has new products - AMZN is recovering nicely - Nothing wrong with MSFT Arguments for selling: - The economy doesn't feel s...
by GoldenGoose
Sat Nov 27, 2021 8:21 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 381
Views: 57285

Re: Willing to share your Taxable Portfolio?

VanGogh wrote: Sat Nov 27, 2021 6:11 pm100% VOO.
Amen.
by GoldenGoose
Sat Nov 27, 2021 8:20 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 381
Views: 57285

Re: Willing to share your Taxable Portfolio?

loghound wrote: Sat Nov 27, 2021 1:55 pm
... but my taxable (which I started in the early '90s) is a mess of 30 years of semi-random decisions.
Lol. You are my long lost twins.
by GoldenGoose
Sat Nov 27, 2021 8:57 am
Forum: Investing - Theory, News & General
Topic: The new covid variant
Replies: 7
Views: 1483

The new covid variant

Seeing the market dropped substantially yesterday, it reminded me of last year. However, is it going to be like last year where the markets tanked for days?
by GoldenGoose
Sat Nov 27, 2021 8:41 am
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 381
Views: 57285

Re: Willing to share your Taxable Portfolio?

kleiner wrote: Sat Nov 27, 2021 5:46 am
GoldenGoose wrote: Fri Nov 26, 2021 9:38 pm Do I sense a wind of change here at boglehead? The last time I posted about owning individual stocks here I got crucified. After that I had not visited this site for a while. Seeing this thread is a bit bittersweet.
Let me give you some company then :-)

FXAIX (S&P 500 index) 42%
DIA (Dow Jones ETF) 21%
FSKAX (total market index) 27%
Apple 5%
Microsoft 1%
Other individual stocks 2.5%

I should explain that I bought Apple and Microsoft in the late 1990s and have held on to them for almost 25 years. I bought the other individual stocks between 2001 and 2018 using the (much missed) ShareBuilder service.
Oh wow. Lucky you. Not many people hold on to a stock that long. Congrats.
by GoldenGoose
Fri Nov 26, 2021 9:38 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 381
Views: 57285

Re: Willing to share your Taxable Portfolio?

Do I sense a wind of change here at boglehead? The last time I posted about owning individual stocks here I got crucified. After that I had not visited this site for a while. Seeing this thread is a bit bittersweet.
by GoldenGoose
Fri Nov 26, 2021 9:30 pm
Forum: Personal Investments
Topic: Edward Jones - outrage of the week
Replies: 44
Views: 10077

Re: Edward Jones - outrage of the week

Stinky wrote: Fri Nov 26, 2021 8:48 am
GoldenGoose wrote: Fri Nov 26, 2021 8:11 am With that said, what interesting I got from quickly reading their site was on the "why we are different" page. The very first thing on that page said "investing is not just about creating wealth. It is about making your money work for you".
Such profound words! Clearly a bargain at only 2% fees per year.

Sign me up!
only if it was "it is about making OUR money work for you", then I would have no problems understanding. I want wealth but I dont want my money work for me or be tied up. I want to spend it on life's finer things. Can they work with that?
by GoldenGoose
Fri Nov 26, 2021 9:23 pm
Forum: Personal Investments
Topic: Edward Jones - outrage of the week
Replies: 44
Views: 10077

Re: Edward Jones - outrage of the week

Out of curiosity I googled up EJ and visited their website. They are a full financial service company with personal advisors so yeah it does come with costs. It is like owning a Bentley and you dont know anything about cars. Over the years I have received solicitations from FAs but I ignored them. For people who dont know anything about finance or care to deal with it, shops like EJ cater. With that said, what interesting I got from quickly reading their site was on the "why we are different" page. The very first thing on that page said "investing is not just about creating wealth. It is about making your money work for you". Say what? Too much for my little brain to comprehend. I see they have local offices in my area....
by GoldenGoose
Fri Nov 26, 2021 8:11 am
Forum: Personal Investments
Topic: Edward Jones - outrage of the week
Replies: 44
Views: 10077

Re: Edward Jones - outrage of the week

Out of curiosity I googled up EJ and visited their website. They are a full financial service company with personal advisors so yeah it does come with costs. It is like owning a Bentley and you dont know anything about cars. Over the years I have received solicitations from FAs but I ignored them. For people who dont know anything about finance or care to deal with it, shops like EJ cater. With that said, what interesting I got from quickly reading their site was on the "why we are different" page. The very first thing on that page said "investing is not just about creating wealth. It is about making your money work for you". Say what? Too much for my little brain to comprehend. I see they have local offices in my area. ...
by GoldenGoose
Fri Nov 26, 2021 7:51 am
Forum: Personal Investments
Topic: Time to spend from HSA?
Replies: 15
Views: 2368

Re: Time to spend from HSA?

Thanks. I know it has to be after 65. I have been treating it as another 401k saving for now.
by GoldenGoose
Thu Nov 25, 2021 8:35 am
Forum: Personal Investments
Topic: Time to spend from HSA?
Replies: 15
Views: 2368

Re: Time to spend from HSA?

With HSA you can also withdrawn it for non med purposes, subjected to taxes. So it is like another 401k. Is my understanding right?
by GoldenGoose
Thu Nov 25, 2021 8:30 am
Forum: Personal Investments
Topic: Will China stocks stop performing poorly?
Replies: 16
Views: 3084

Re: Will China stocks stop performing poorly?

3% of 1 million is still 30k. Losing 30k still hurts.
by GoldenGoose
Wed Nov 24, 2021 11:31 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 381
Views: 57285

Re: Willing to share your Taxable Portfolio?

manatee2005 wrote: Sun Nov 29, 2020 3:04 am AMZN
DIS
GOOG
MSFT
NET
NVDA
ROKU
SHOP
TSLA
V
ZM
Wow. Must have made a killing. Wow.
by GoldenGoose
Fri Oct 30, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: Should I max my 401k or HSA?
Replies: 7
Views: 760

Re: Should I max my 401k or HSA?

Why not max out HSA and whatever left goes to 401k? Then you can make up for the short change in the 401k with a IRA contribution later if the situation changes?
by GoldenGoose
Fri Oct 30, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: Switching strategies?
Replies: 14
Views: 1794

Re: Switching strategies?

Interesting theory indeed. I think like you but instead of acting bases on a fixed term of X years I anticipate the event happening but with other factors included. Do what works for you. You dont kbow it works or not til you tried it.
by GoldenGoose
Fri Oct 30, 2020 9:29 am
Forum: Investing - Theory, News & General
Topic: Pinterest crushes expectations...but how?
Replies: 38
Views: 3442

Re: Pinterest crushes expectations...but how?

Same questions with other internet companies like Twitter, Facebook, Instagram etc "I dont see how they could make money". If you did you would not be a BH-er.
by GoldenGoose
Fri Oct 30, 2020 9:24 am
Forum: Investing - Theory, News & General
Topic: Where would you be if you had invested like a Boglehead from the beginning?
Replies: 107
Views: 9990

Re: Where would you be if you had invested like a Boglehead from the beginning?

Pete12 wrote: Fri Oct 30, 2020 7:50 am Prefer not to think about it... water under the bridge
LOL. Amen, brother.
by GoldenGoose
Fri Oct 30, 2020 9:23 am
Forum: Investing - Theory, News & General
Topic: Where would you be if you had invested like a Boglehead from the beginning?
Replies: 107
Views: 9990

Re: Where would you be if you had invested like a Boglehead from the beginning?

I'm not sure where we'd be if we had NOT invested like Bogleheads from the beginning. My wife and I were blessed as a young married couple about thirty years ago to have met Jack Bogle at a personal finance conference in Atlanta. After he spoke, he came stayed behind to greet anyone who wanted to meet him and to answer questions. How many successful CEOs do that? We spent some time chatting with him as newlyweds about getting started on the right financial path. His advice was simple and it made perfect sense: "Live below your means, invest the rest...cost matters...buy the entire market through low cost index funds and hold them forever...stay the course." Thanks to Jack's guidance, we started investing in the VG S&P500 inde...
by GoldenGoose
Fri Oct 30, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4652216

Re: U.S. stocks in free fall

For buy and hold investors who have quality stocks and index investors this short term market gyration shouldnt concern you.
by GoldenGoose
Fri Oct 30, 2020 7:36 am
Forum: Investing - Theory, News & General
Topic: "Why those highly paid pros do worse than a boring stock index fund"
Replies: 42
Views: 5904

Re: "Why those highly paid pros do worse than a boring stock index fund"

I may want a unicorn. That does not mean such creatures exist. If you deviate from the market by holding active funds, you create the possibility of having different returns. These differences will reflect a combination of luck, good or bad, and expenses. The luck will be random and you may benefit or lose. The expenses will always be a negative factor. These effects compound. Day after day and year after year you are hoping to get lucky enough to overcome your expenses. The odds are that your active portfolio underperform the broad market index funds will increase as time goes by. "The arithmetic of active management" "Luck vs skill in the cross section of mutual fund returns" And the cost of active management paper I ...
by GoldenGoose
Thu Oct 29, 2020 4:06 am
Forum: Investing - Theory, News & General
Topic: "Why those highly paid pros do worse than a boring stock index fund"
Replies: 42
Views: 5904

Re: "Why those highly paid pros do worse than a boring stock index fund"

@alex_686, why wouldn't it be a "legit" question. I and many others want to do better than the proverbial "average index return", but it seems everytime alternatives to the index investing are proposed, they are quick to be shot down because you can never beat index investing, according to some of the die-hard BH-ers on this forum.
by GoldenGoose
Wed Oct 28, 2020 11:56 am
Forum: Investing - Theory, News & General
Topic: "Why those highly paid pros do worse than a boring stock index fund"
Replies: 42
Views: 5904

Re: "Why those highly paid pros do worse than a boring stock index fund"

If active funds are worse than passive index funds then what is better than 100% passive index funds?
by GoldenGoose
Wed Oct 21, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120383

Re: U.S. stocks continue to soar!

I am a long term buy and hold kinda guy. With that said I have some serious short term gains that fluctuate with this market. It pains me to see when the gains retreat from the peaks. Its one story when you start at 0 and then hit the highs where the trough is but it's another story when you hit the peak and then retreat back to the trough level. Somerimes I envy the index folks but would I trade what I have with them? Hmm.

The hard part will come this March when my gains become long term. Being through the gyrations of the market, I hope I can resist the temptation of selling.
by GoldenGoose
Sat Oct 17, 2020 7:54 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 13463

Re: How do Bogleheads cope with not beating the market?

I kept seeing poster after poster claiming to beat 80% of this and 90% of that. If you still have the thought of "beating others", then subconsciously you still have that jealousy of not beating everyone else. Why not be a bit more philosophical like some other posters and think what you got is enough for yourself and be happy with it? Keep saying "I beat X% of people" tells me that you are just trying to reassure yourself and denying your inferiority. Would it make you feel much better to know that you already beat 99% of the population out there who don't even make enough money to save for a 401k?
by GoldenGoose
Thu Oct 15, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 13463

Re: How do Bogleheads cope with not beating the market?

I suspect that as much as BH-ers like to fancy themselves of "beating average investors and professional managers", the true fact MIGHT be that the majority of investors is in fund investing and a handful is in non fund investing. So the reality is that you get about the same average return like most everyone else. You beat some people and you lose to some people. Nothing to crow about. It is just an ordinary day in the investment universe.
by GoldenGoose
Thu Oct 15, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 13463

Re: How do Bogleheads cope with not beating the market?

cinghiale wrote: Thu Oct 15, 2020 1:08 pm
sixtyforty wrote,

Because I'm beating at least 80% of the professional money managers and 90% of the average investors.
I would edit the above to read “...and 90% of all individual investors.” And with that minor adjustment, you have a near-perfect one sentence reply to the question posed by the OP.
Do you have a number on the "90% individual investors"? How many people are we talking about here? 100k?
by GoldenGoose
Wed Oct 14, 2020 12:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120383

Re: U.S. stocks continue to soar!

Who's worried? (I dont meant the index guys)
by GoldenGoose
Wed Oct 14, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5249
Views: 900050

Re: What are you up YTD? [Year To Date]

I was up 197% YTD at one point with options/stocks. Now I am down ~30% ytd .... I lost the full 197% gain plus another 30% of the initial capital Wow what did you speculate on? United airline puts , Carnival cruise puts, Tesla puts in March Held the Tesla puts too long ... Luckily let them go or I would of been wiped out Ah ok. Thanks for sharing. This must be just the high risk/high reward portion of your portfolio. You of course do have other more conservative stocks/fund holdings, I assume. I'm new to the whole boglehead mantra so it was 100% of my stock account (I also have real estate). I have a high risk/high reward speculation method which I am trying to stop - I go all in on positions and this year started using options, which work...
by GoldenGoose
Wed Oct 14, 2020 10:01 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120383

Re: U.S. stocks continue to soar!

CurlyDave wrote: Wed Oct 14, 2020 9:45 am
Stinky wrote: Wed Oct 14, 2020 9:07 am Nasdaq at about 1% off ATH.

S&P less than 2% off ATH.

(Low level) Soaring today.
Very low level soaring -- more like a fat chicken running away from a dog. Lots of squawking and wing beating but not getting much air. Feathers flying everywhere.
Nice imagery. ;)
by GoldenGoose
Wed Oct 14, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5249
Views: 900050

Re: What are you up YTD? [Year To Date]

newguy123 wrote: Wed Oct 14, 2020 9:51 am
GoldenGoose wrote: Wed Oct 14, 2020 9:49 am
newguy123 wrote: Wed Oct 14, 2020 8:19 am I was up 197% YTD at one point with options/stocks. Now I am down ~30% ytd .... I lost the full 197% gain plus another 30% of the initial capital
Wow what did you speculate on?
United airline puts , Carnival cruise puts, Tesla puts in March

Held the Tesla puts too long ... Luckily let them go or I would of been wiped out
Ah ok. Thanks for sharing. This must be just the high risk/high reward portion of your portfolio. You of course do have other more conservative stocks/fund holdings, I assume.
by GoldenGoose
Wed Oct 14, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5249
Views: 900050

Re: What are you up YTD? [Year To Date]

newguy123 wrote: Wed Oct 14, 2020 8:19 am I was up 197% YTD at one point with options/stocks. Now I am down ~30% ytd .... I lost the full 197% gain plus another 30% of the initial capital
Wow what did you speculate on?
by GoldenGoose
Tue Oct 13, 2020 8:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120383

Re: U.S. stocks continue to soar!

Broken Man 1999 wrote: Tue Oct 13, 2020 4:35 pm
GoldenGoose wrote: Tue Oct 13, 2020 12:25 pm Go apple go. Its good for you index guys. It especially good for me. :moneybag
Well, Apple did go... down $3.30/share.

Microsoft went up a bit, $1.46/share.

I wouldn't be afraid to hold either, in fact I hold both.

Broken Man 1999
We all do, including the index guys
by GoldenGoose
Tue Oct 13, 2020 12:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120383

Re: U.S. stocks continue to soar!

Go apple go. Its good for you index guys. It especially good for me. :moneybag
by GoldenGoose
Tue Oct 13, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5249
Views: 900050

Re: What are you up YTD? [Year To Date]

A friend of mine is thinking about taking profits. I am staying. Buy and hold. Long term investing. I think November will be a good month too. Not sure about December.
by GoldenGoose
Tue Oct 13, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 10872

Re: "Active" Index investing vs. "Passive" Index investing

Why I didnt buy? It is because I am not familiar with it and not interested. As simple as that. Now if you let me know the 30X 50X gain stocks you bought, I will be interested. GoldenGoose, 1) In summary, you do not believe in Warren Buffett enough to invest with him. So, why waste your time with his advice? 2) My 30X to 50X stocks are for entertainment only. It is never meant to make real money for me. 3) My main portfolio can reach my goal with a 5% nominal return. KlangFool I dont have a tendency to blindly follow people. If thats your trait, thats fine but dont expect others to think the same. Klangfool, I used to think that you are a swell guy/gal with the advices you have been given others. Let's stop here while you are still ahead, ...
by GoldenGoose
Tue Oct 13, 2020 12:15 pm
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 10872

Re: "Active" Index investing vs. "Passive" Index investing

rascott wrote: Tue Oct 13, 2020 11:45 am
This is unmitigated nonsense. You've been given the data and information, yet you are still convinced that you are a better investor than 90% of mutual fund managers.

Good luck. There's really nothing more to debate.
Sheeesh, the pompous nature of some people who cant tolerate different opinions.
by GoldenGoose
Tue Oct 13, 2020 11:21 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 10872

Re: "Active" Index investing vs. "Passive" Index investing

Why I didnt buy? It is because I am not familiar with it and not interested. As simple as that. Now if you let me know the 30X 50X gain stocks you bought, I will be interested. GoldenGoose, 1) In summary, you do not believe in Warren Buffett enough to invest with him. So, why waste your time with his advice? 2) My 30X to 50X stocks are for entertainment only. It is never meant to make real money for me. 3) My main portfolio can reach my goal with a 5% nominal return. KlangFool I dont have a tendency to blindly follow people. If thats your trait, thats fine but dont expect others to think the same. Klangfool, I used to think that you are a swell guy/gal with the advices you have been given others. Let's stop here while you are still ahead, ...
by GoldenGoose
Tue Oct 13, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 10872

Re: "Active" Index investing vs. "Passive" Index investing

I rather go through that list and select companies that I am familiar with to own. Once I bought them, I would hold them for the long term, until the situation changes. GoldenGoose, Unless you believe you are smarter than Warren Buffett, why do you need to repeat the effort? Just buy BRK.A or BRK.B and hire Warren Buffett to invest for you. Some of us do that. Please explain to us why and how you think that you are better than Warren Buffett? KlangFool I never claimed to be smarter or better than anyone. I might be the dumbest person on this board. I do follow his advice though. Buy and hold for the long term. GoldenGoose, You did not answer my question. Why you did not buy BRK.A or BRK.B? Just hire Warren Buffett to invest for you. Some o...
by GoldenGoose
Tue Oct 13, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?
Replies: 91
Views: 7502

Re: Individual Stocks - 5-10% of Portfolio "Play Money" - YES or NO?

KlangFool wrote: Tue Oct 13, 2020 8:00 am
GoldenGoose wrote: Tue Oct 13, 2020 7:43 am
KlangFool wrote: Tue Oct 13, 2020 7:33 am
000 wrote: Mon Oct 12, 2020 10:01 pm
KlangFool wrote: Mon Oct 12, 2020 9:59 pm I do not buy any individual stock that does not have the potential to go up 10X to 30X in less than 5 years.
Can you give us a current example of such a stock, or what process you use to decide which stocks have that potential?
1) I was looking at SLV. But, decided against it.

2) In general, I buy stock with capitalization less than 1 billion with interesting technology.

KlangFool
Did you buy any stocks that you thought would give you 30X or 50X in less than 5 years per your post?
I did. But, it is no longer fun for me. So, I stop doing it.

KlangFool
Lol. Ok. Whatever you say.