The fact that Amazon didn’t go up the last earning date meant it was going to beat this earning period. Microsoft didn’t do so well this quarter so I expect it to beat next qtr. this is generally true.
RU-05
Haha! I spoke to an advisor also and he said the same thing about my positions in Amazon, Apple, TSLa and MSFT. I haven’t called him back
Are you serious. 4% return in 24 hours is no longer worth investing? I think last years gains have spoiled you. Remember, average gains at 10% in most years are considered good. Heck, Maddoff was offering what like 10-15% per year and people were flocking to him. For most years, gains in the stock market are slow and steady. 2020 stock market is not the norm. You will learn that over time.
I would sign up for 10% over the next 16 years in a heartbeat!
Bought FB at $260. New Morningstar FMV is $390, so it's time to hold, hold, hold.
I was lucky enough to buy FB back in the day at $24 (10,000 stocks). It has now moved into my Vanguard account with AAPL, AMZN, etc as a long term stock that will be passed onto future generationsBought FB at $260. New Morningstar FMV is $390, so it's time to hold, hold, hold.
After me posting for two years, you started buying my suggestion for tech stocks.Bought FB at $260. New Morningstar FMV is $390, so it's time to hold, hold, hold.
In all fairness, he is 100% correct. I would never pull the trigger, that’s why I hired him to do it for me. I expect long term benefits. Oh yeah, he did buy some Google too.
10% per year means that you double money every 7 years. Damn millennials have no patience. It will be fun investing after them.I would sign up for 10% over the next 16 years in a heartbeat!
I split up my annual bonuses last month. 50% went into our brokerage account and normal funds/ETFs. The other 50% got used to buy 12 value tech stocks that I am holding (overweight, equalweight, and underweight positions). Bought the bulk on March 5 and 8. Too good to pass up!
Most people start investing in ETF or mutual funds and after a couple of years will start investing in individual stocks. The individual stocks will give you the ability to hit it big.
I need to do the math, but I think we are:
Good for you. Stay true to your convictions and stick with your plan.
Given the run that we have had for a decade, I would be happy with a 5-7% return. Buffet suggests that we should expect an average of 7 percent over the long term. But based on the law of averages, we might fall short of the 7 percent, given the high returns over the last decade and the high valuations (very high average p/e vs. historical levels.) Look what happened after the huge run in the late 90’s. (Average of 2-3% over 13 years in the S&P 500.I would sign up for 10% over the next 16 years in a heartbeat!
| 2000 | -9.10% |
| 2001 | -11.89% |
| 2002 | -22.10% |
| 2003 | 28.68% |
| 2004 | 10.88% |
| 2005 | 4.91% |
| 2006 | 15.79% |
| 2007 | 5.49% |
| 2008 | -37.00% |
| 2009 | 26.46% |
| 2010 | 15.06% |
| 2011 | 2.11% |
| 2012 | 16.00% |
Small/Mid cap value funds and health science funds did extremely well during the 2000s. There is always a bull market somewhere!
I've had PRNHX (New Horizons) for the past 15 years. Amazing fund! I also have had FDGRX (Fidelity Growth Company), PRHSX (T Rowe Health Sciences), and PRGTX (T Rowe Global Tech) for the long haul as well. All remarkable!
why would you do that? money parked, especially in a mmkt fund toay, is literally dead money. If you need liquidity that rapidly, keep in money in checking acct otherwise buy a REIT or income paying stock, told everyone this for past year. I'm earning over 11% on my cash that is not part of my 'trading' portfolio. That 11% does not include inevitable cap appreciation.
I’m sure there will be a pullback before the next earnings season and will buy back some of the tech stocks. I did get rid of Amazon up 170 and now only up 84 this morning.
Once again, bad plan. AMZN runs up to $4000, it pulls back to $3900 and then you buy back? Doesn't make sense.
I agree Amazon is a great company that will reach 4000.I only invest in great companies. I just don’t know when. However, just like AMZN went down to 2950 a couple of months ago, I believe it will go down close to 3,300, my entrance point.
Re: a checking account, I believe the last time I looked at FZCXX it earned a little over 1% for the last 2-3 years which I thought far exceeded any rate of return from a checking account. BTW, Fidelity uses various Gov’t MM funds as defaults for cash positions.
you shouldn't be in the market. Bear in mind, you will make more money this year clipping coupons for shoprite vists than you will in any mmkt fund. mmkt funds are a fools glory
Exactly - so what’s the best way to manage cash with rate of return and liquidity in mind? If I put my cash in the bank I essentially get nothing. If I put my cash into REITs or dividend payers I don’t have immediate access and risk a downturn. If I put my cash in Fidelity Govt MM (which is the Fidelity default) I’m making roughly 1% over a 2-3 year period (didn’t confirm) and can tap it whenever I want to take advantage of corrections and dips. I’m just curious if there is a better strategy.
already told you. You should not be in the mkt, keep your money in the bank and clip coupons when shopping as your net value will be higher plus you'll have fantastic liquidity. It's not rocket science, you either have money to invest or you don't and it sounds like you don't have money to invest. Stick to the bank and coupons (I'm serious, coupons will generate 3-6% on avg)
We are likely talking past each other. I’m HEAVILY invested in the market and not sitting on much cash relative to my entire portfolio. But, I’m trying to find higher yield on the cash but must have liquidity for trading. Most of my biggest gains in my lifetime were based on buying during major downturns (financial crisis, Brexit, flash-crash, COVID, etc.). Every pro keeps some cash on the sidelines to deploy at any time - my question is where do most folks usually park it to get the highest yield.
gotcha...makes sense now
I hear you - it’s done wonders for my net worth. But I’m convinced the Fed has let the market run hot and investment accounts explode so there will be more to tax and potentially less complaining.
Problem with the Fed is that they focus too mon the markets and have lost sight of their central mission. Greenspan started it, the regulators are part lax or incubered, and the population is too greedy.
I'm def spoiled by this past year. But still 4% trade is a nice little return on a fairly low risk trade. I imagine that is true even in a more normal market.
For this quarter at least, you nailed it.