*Investors Blog*
- Thread starter Warstud
- Start date
What say you. I say lower?
Full disclosure - I took a loss this morning. I dont know, woke up this morning, just not loving APPLE. Future I think will be bright but ... well ... didnt want to think about what it can go down to before it goes up. I sold it first thing, something I normally never do but just didnt want it.
Bought it last week and just sold at the ultimate low at open (because I had to walk the dog*LOL*)
Sucked wind and took a 3% loss being the GM that I sold last week and replaced with Apple went down more than 4% since, I look at it as 1% positive. Not sure what I will do, I might buy GM again, its been a great 12 months in retirement accounts and working not to give it back... I only owned it for 4 trading days *LOL* geez... anyway, now that I got rid of it, might be time to buy.
Bought it last week and just sold at the ultimate low at open (because I had to walk the dog*LOL*)
Sucked wind and took a 3% loss being the GM that I sold last week and replaced with Apple went down more than 4% since, I look at it as 1% positive. Not sure what I will do, I might buy GM again, its been a great 12 months in retirement accounts and working not to give it back... I only owned it for 4 trading days *LOL* geez... anyway, now that I got rid of it, might be time to buy.
Im insane... anyway, I own GM again, looking forward to better than expected earnings before the open on 4/23 if I own it that long *LOL*
Those two moves above turned out to be good ^^^ Apple getting smacked late morning.
AG, I basically never buy single stocks; the only ones I own are a little TSLA and a ton of LRCX (grants/options from my working days).
Short term ownership gains suffer from tax burden. I don't have the stomach for it.
Here's Lam Research (LRCX), which is Semiconductor Manufacturing. Long term for the win!
We have two 401(k)s that are in index funds, which we love, no stress, never even check on them.
However, with that said, I also have a Roth and that is my fun speculative account. The cool part is no taxes at the end of the year and it’s doing pretty darn good and always has.
With that said I still invest in what I call conservative stocks, 65 to 75% of the portfolio right now is Walmart which by the way, right through Covid and any other financial disaster does very well because even wealthy people start flocking into Walmart.
There’s the other 25 to 35% which I try to grab small gains at a time, disciplined enough finally as I get older so, I’ll sell as soon as I don’t feel comfortable and today was a grand slam, jumping out of Apple after only buying it a couple days ago. I don’t even know why I bought it right now anyway.
More or less my Roth is play money that has grown significantly enough that I would cry if I lost it
But the purpose of the account helps me keep in touch with the market
and have fun. I’m not looking to hit it big I’m looking to significantly do better than bank interest rates and see how good I am at beating the index funds and watch it grow is kinda cool.
Sure may be as things evolve I’ll own that stock that takes off like a rocket but I’m more in the preserve stage of my life.
So between those three accounts and what I would consider a fairly significant commercial building that I own and rent out trouble free for decades, you can say I’m well diversified.
Certainly not as wealthy as some in here, but certainly plenty enough for my wife and I to live out our lives and not be dependent on any one or two sources of income.
Been retired a couple years now and there’s no need for us to touch our retirement accounts and most likely won’t until we’re forced to at whatever age it is in your 70s that we have to. my wife still has an income and will a couple more years.
Just to be clear, I certainly wouldn’t mind in my speculative account to hit something on the ground floor, but I don’t know how many more years I have to do that
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It's odd that there isn't more coverage...........almost like on purpose..........
https://wolfstreet.com/2024/04/16/y...work-50-against-usd-since-2012-32-since-2021/
I would have held onto AAPL as long as it stayed above $167.50Full disclosure - I took a loss this morning. I dont know, woke up this morning, just not loving APPLE. Future I think will be bright but ... well ... didnt want to think about what it can go down to before it goes up. I sold it first thing, something I normally never do but just didnt want it.
Bought it last week and just sold at the ultimate low at open (because I had to walk the dog*LOL*)
Sucked wind and took a 3% loss being the GM that I sold last week and replaced with Apple went down more than 4% since, I look at it as 1% positive. Not sure what I will do, I might buy GM again, its been a great 12 months in retirement accounts and working not to give it back... I only owned it for 4 trading days *LOL* geez... anyway, now that I got rid of it, might be time to buy.
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There only allowed to cover winning.
We heard about NVDA daily for a year. Its down 10% in the last 3 weeks. Have you heard anything? I have not.
I get that, truly, I don’t disagree. I didn’t want to take a chance because I feel like whenever I do I wish I didn’t.
I like beaten down respectable companies, but I started questioning myself. Are they entering another China problem like Tesla has. With their iPhone sales down 10% taking a big hit in China and Huawei is taking market share over there with their new supposedly high-end phones, I used to have one of their phones and absolutely loved it, was a long time ago with big screen compared to the tiny micro screen on the iPhone 4.
The phone was truly ahead of itd time and gorgeous. Actually to this day, it’s still more attractive than the iPhone, but obviously doesn’t come close to the operation that the new iPhone has.
I do believe in the future of Apple and I do think whatever they going to do with this M4 chip and AI will pull them out of a rut.
I’m just not sure how far into the future that is so anyway for me personally, I just couldn’t get my head into it and bailed. I think no matter what I’ll always be able to buy it at this price if I want it in the coming months.
So anyway, I agree with you, but I just couldn’t do it being older now I saw many well respected companies crumble and right now. They just seem a little bit all over the place and I’m only looking for short term in this account.
I do appreciate comments because it helps me think things through especially from people in this thread like you.
I’m really quite nervous on the US stock market and world economy in general, but it’s not going to stop me from being fully invested, but that doesn’t mean I’m not nervous
Here is my comment for you.... do the opposite of what Cathie Wood does....I do appreciate comments because it helps me think things through especially from people in this thread like you.
I’m really quite nervous on the US stock market and world economy in general, but it’s not going to stop me from being fully invested, but that doesn’t mean I’m not nervous
Lots of heavy sword rattling coming from the Middle East these days, even throwing around the "N" word (nuclear). More frequent F-15 flyovers here in VA as well, presumably from Seymour Johnson AFB. Maintaining my total portfolio overweight in energy (16%), gold (9%), and cash (11%).
