The Rokslide Stock Traders Thread

[grfox92]

No one ever went broke taking profits. Was that like a 6-8 year hold?

Correct. I bought it I believe in 2018 and havent touched it

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[stalkingwolf]

I just mirror Nancy Pelosi's buys and I never lose

 

[Jdhunttrapfish]

Correct. I bought it I believe in 2018 and havent touched it

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What made you sell? Just taking some profits along the way? Curious to yours and others thoughts mid to long term on VGT.

 

[grfox92]

What made you sell? Just taking some profits along the way? Curious to yours and others thoughts mid to long term on VGT.

I sold for personal reasons. Nothing to do with the market. I needed some money for some stuff and I've done so we'll with VGT as a long term hold I figured why not.

Im the wrong person to take stock advise from, other guys here are more qualified, but i bought VGT years ago to diversify my portfolio and me and my wife joke how wewish I had dumped our life savings into it. Its done well for us.

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[HuntHarder]

FIG fell from grace today as expected.

 

[Pharmseller]

NVDA had a good day.

PLTR had a good day. Even better AH.

Let’s see what tomorrow brings.



P

 

[Pharmseller]

NVDA down a buck and change, surprising.

PLTR up almost $14.

No complaints.




P

 

[Beendare]

I sold for personal reasons. Nothing to do with the market. I needed some money for some stuff and I've done so we'll with VGT as a long term hold I figured why not.

If you needed money, you pay the tax and move on.

I think that we will continue to use more and more tech in years to come. I think it's a great strategy to Dollar cost average into QTEC and VGT. QTEC is less concentrated so I tell my nieces and nephews to do a blend of those 2 along with VOO.

 

[grfox92]

If you needed money, you pay the tax and move on.

I think that we will continue to use more and more tech in years to come. I think it's a great strategy to Dollar cost average into QTEC and VGT. QTEC is less concentrated so I tell my nieces and nephews to do a blend of those 2 along with VOO.

Yea, I bought a truck in cash out of savings, then my daughter had some unexpected dental work needed, then I tore my meniscus, needed surgery and didn't work for a full month, this all happened in about a month and a half time period. Needless to say the savings account was shrinking at an alarming rate.

Anyway I was looking at VOO recently and will also check out QTEC.

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[ScottRK]

I’ve had some good info from here.

Funny story kind of.I bought into some FSELX a couple years ago.

Had a “hot” tip in 1996 on Fidelity Select Electronics from a buddy of mine that didn’t have a lot of money to spare.


He stopped over and said he looked at the Sunday paper listings and picked the one with the highest percentage increase on a mutual fund for the week or month I don’t remember and put money in.My nephew that was here at the time and I were saying dude it doesn’t work like that!!

I checked the real stock return from 8-1-96 to today and up 2,086%. $10,000>$218,687

He lost anything in a divorce.

 

[Beendare]

And you^ are surprised? Grin. What sector has become more and more of your life over the last 10,20,30years?

Technology; My bet is it will continue to perform well. QTEC and VGT have averaged about 18% a year for a decade. Thats doubling your money about every 4 years. Run the numbers on a 20 year investment.

Back in the 90's we didn't have ETF's....we had mutual funds which are OK but the difference is owning a mutual fund you have to pay tax on the gains from sales every year which chips away at your invested base. In an ETF you pay no tax until you sell.

Then add that ETF's like the ones I mentioned above have very small % management fees.

 

[HuntHarder]

MP and LYSDY getting a little bump. Rare earth miners to watch.